China News Direct

 
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Yunnan open the ways to top companies
(Mar 06, 2014) KUNMING, Yunnan - Yunnan Construction Engineering Group Co. Ltd. (YCEG) announces stellar growth in its overseas business, backed by China Export and Credit Insurance Corporation (Sinosure) and the provincial government's commitment to channel bank financing to industries. China Export and Credit Insurance Corporation (Sinosure) has upgraded the credit rating of ...
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China Southern Power Grid plans RMB80bn investments
(Mar 06, 2014) GUANGZHOU, Guangdong - China Southern Power Grid (CSG) announces to spend RMB80 billion on building smart power grids in Guangdong, Guangxi and Yunnan, signing with Duke Energy of the US to developing new energy in Shenzhen's Qianhai. China will develop smart power grid or ultra-high voltage transmission networks, aiming to ...
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State Council says new economy rules
(Mar 05, 2014) BEIJING - State Council Premier Li Keqiang announced today at the 2nd Session of the 12th National People's Congress (NPC) held in Beijing that a batch of investment projects in financials, energy, resource development and public utilities will be opened to non-state companies, and in cleaning water, the investment runs ...
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UA Finance enters Shandong's loan market
(Feb 28, 2014) QINGDAO, Shandong - Consumer loan company UA Finance will open its first solely funded small loan company in Qingdao, Shandong province to match flamboyant business growth in the industrial district in the province. UA Finance, also based in Hong Kong, already has 12 small loan companies in China, providing mainly ...
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Chinese cities step in to create technology
(Feb 24, 2014) WEIHAI, Shandong - The city government of Weihai, Shandong province will allocate RMB20 million in annual fiscal budget to let companies create technologies, a decision made after five Shandong companies were named national enterprise technology centers last October. Starting in 2014, the technology department of Weihai will create a special ...
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Guangxi plans RMB730bn investments just for Nanning
(Feb 12, 2014) NANNING, Guangxi - The regional government of Guangxi Autonomous Region is said to seek central government approval to make Beibu Gulf Economic Development Zone a free trade port facing ASEAN. It has planned RMB730 billion of infrastructure and industrial investments to modernize the capital city of Nanning. In January, the ...
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Shandong announces bank-financed projects
(Feb 13, 2014) JINAN, Shandong - Shandong Economic and Information Technology Committee (SEITC) and the People's Bank of China (Jinan) have picked a thousand projects for financial support in 2014, pooling RMB85 billion of bank loans for company and industrial investments. SEITC will support 1,057 projects in the province in upgrading technology and ...
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China's trolley manufacturers yet to ride high
(Jan 20, 2014) HEFEI, Anhui - A gap between quantity and quality existed in the children's trolley industry in Anhui province which produces a third of China's children trolleys in terms of volume. In terms of quality, manufacturers have added little value to these trolleys, a situation so typical that only an upgrade ...
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Better business for Jiangsu
(Sep 13, 2013) NANTONG, Jiangsu - Shaw Floors of the US will make its first out-of-states carpet and flooring manufacturing base in Nantong, Jiangsu province, kicking start overseas production that will provide carpets and floor products to millions more customers in Asia. Shaw Industries Group of the US, well-known for its rich carpeting ...
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Dalian first exports precision CNC to Germany
(Aug 13, 2013) DALIAN, Liaoning - Dalian Kede Numerical Control Co. Ltd. exported its proprietary VWG400-U high-speed high precision CNC machine to Germany this July, for the first time bringing Chinese-made precision machinery to technologically advanced countries in Europe. In the batch of export, Dalian Kede also sent to Germany its own servers ...
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