China News Direct

 
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Hefei foreign investment hits US$1 billion in 2007
(Dec 29, 2007) The Hefei Municipality in Anhui province has recorded actual foreign investment of US$1 billion by the end of 2007, a 39% growth from 2006. Direct foreign investment from Chinese and foreign firms in Hefei has considerably risen by 131% to US$870 million in 2007 from 2006. There are 121 new ...
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Hunan foreign investment up 30% in 2007
(Dec 29, 2007) From January to November 2007, Hunan province approved 633 new foreign invested projects. The investment value also rose by 30.6% to US$3.049 billion as compared with 2006. The actual investment in Hunan province from Hong Kong and Taiwan grew by 27% and 28.4% respectively from January to November 2007. The ...
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Guangdong per capita GDP over US$4,000
(Dec 29, 2007) Guangdong GDP surpasses that of Taiwan for the first time in history. The governor of Guangdong Province Huang Huahua says Guangdong's GDP value will break the RMB3,000 billion mark in 2007 on an average annual growth of 14.5% for the past 5 years. Per capita GDP is expected to exceed ...
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Shanghai leads China's ocean science studies
(Dec 28, 2007) The city of Shanghai reveals at the Shanghai Ocean Forum, held in the city's Nanhui area on 22nd December 2007, that it plans to set up China's first undersea observation station by combining the research resources of the earthquake, ocean and meteorology departments. Wang Pinxian, Academician of Chinese Academy of ...
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Guangdong to be a pioneer in scientific development
(Dec 28, 2007) Guangdong province will strive to become a pioneer in scientific development in order to sustain long-term economic development. Wang Yang, Secretary of Guangdong Provincial Committee of the Communist Party of China, stresses that Guangdong province needs to enhance the level of innovation for strengthening competitiveness. Guangdong province should also develop ...
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China foreign investment grows again in 2007
(Dec 28, 2007) China's Ministry of Commerce (MOFCOM) reveals that the country has attracted more foreign investment in 2007 despite those from developed countries have dropped considerably. Wang Xinpei, Spokesman of MOFCOM, says that investment from Japan and the US have declined by 27% and 8% respectively in 2007 as compared with 2006. ...
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Private enterprises profit up 51% in 2007
(Dec 28, 2007) Information from the National Bureau of Statistics of China showed that in the first 11 months of 2007, industrial enterprises with scale realized profit of RMB2,295.1 billion, showing a 36.7% year-on-year growth. Among all kinds of industrial enterprises with scale, private enterprises had the best performance. In the first 11 ...
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Guangdong targets 9% GDP growth in 2008
(Dec 27, 2007) Guangdong province targets GDP growth at 9% and will continue to accelerate energy saving and emission reduction in 2008. Huang Huahua, Governor of Guangdong province, says Guangdong province will keep strengthening the construction of important infrastructure projects. To further control production with high energy consumption, the consumption of electric power ...
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Beijing and Shanghai the most developed in China
(Dec 27, 2007) China Investigation and Assessment Centre of the Renmin (People's) University of China releases the China Development Index (2007) on 26th December 2007 stating Beijing and Shanghai top the country in development, in group one. 31 provincial administrative regions in China are divided into four groups based on their index level. ...
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Hong Kong firms turn to returnees to ease talent shortage
(Dec 24, 2007) The game of talent hunt among Hong Kong companies gets obvious and the local employee turnover rate is high. A poll shows other than pay raise and bonus to keep existing talents, over 90% companies consider to recruit overseas returnee professionals to ease the talent shortage. Human resources consultant company ...
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