China News Direct

 
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Shanghai FTZ spurs financial leasing of aircraft
(Nov 11, 2013) SHANGHAI - Chartering of business jets prospers and generates huge business after Shanghai entered the era of Free Trade Zone (FTZ) on September 29, spurring financial leasing of aircraft imported to Shanghai at favourable tariff. In just a month, more than 200 companies were registered in China (Shanghai) Pilot FTZ ...
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Investments warmed up for cashmere
(Nov 04, 2013) YINCHUAN, Ningxia - The inland Ningxia Autonomous Region of China would not seem that distant or remote if one looks at its wool and cashmere which are sold in department stores worldwide. The Region supplies more than half of the world's raw cashmere, attracting still more investments. A light-textile industry ...
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China pushes incremental trade with ASEAN via Guangxi
(Oct 25, 2013) NANNING, Guangxi - Trade of foodstuffs including sugar, coffee and aqua marine products between China via Guangxi Autonomous Region and ASEAN countries such as Vietnam and Thailand will go into full force after the Jinqiao Agricultural Products Wholesale Market was opened in Nanning, the capital city of Guangxi, this October. ...
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Zhejiang and Guangdong lock in profit
(Oct 02, 2013) YONGKANG, Zhejiang - China Hardware City based in Yongkang, Zhejiang released in this September China's first hardware index - China (Yongkang) Hardware Index, unfolding an industry that is moving billions of yuan of sales a year. China Hardware City of Yongkang takes the initiatives to issue China's first hardware index ...
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Zhejiang aims high at RMB1 trillion private investments
(Oct 15, 2013) HANGZHOU, Zhejiang - A report released by Zhejiang Province Federation of Industries and Commerce (ZJFIC) projects potential private investments in five major industries at RMB1 trillion in the province over the next five years, calling the central government for help in tuning the investment environment and provincial departments to knocking ...
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Chinese companies tone up resource acquisition
(Oct 16, 2013) HEFEI, Anhui - Chinese companies broke the record again in merger and acquisition of overseas assets, giving a vote of confidence equivalent to a sum of US$35.3 billion in the first half of 2013. But Chinese companies may need to pay more as prices of overseas assets or their valuations ...
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Tianjin has big fish to fry
(Sep 13, 2013) TIANJIN - The huge demand for seafood, fresh or chilled, has pushed fisheries and logistics groups in Tianjin, China to build and install more warehouses and logistics facilities which have reached a chill or cold storage capacity of 600,000 tons, serving the Bohai Rim area. The ability to control chill ...
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New era for Guangxi in China-Asean trade
(Sep 09, 2013) NANNING, Guangxi - While the regional government of Guangxi Autonomous Region announced a foreign trade development plan to lift Guangxi's external trade to a growth rate of 25% by 2015, the Malaysian government nodded its agreement to set up an embassy in Nanning, the capital city of Guangxi, signaling increasing ...
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A dose of export tax rebates
(Sep 09, 2013) BEIJING - Export tax rebates amounting to RMB600 billion have saved many Chinese companies from stale business, almost becoming a source of operating capital that no companies can ignore. Exporters in China have been operating in one of the toughest conditions since the international financial crisis, burdened also by a ...
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ASEAN rises to attract Japan and Hong Kong
(Aug 30, 2013) NANNING, Guangxi - Shenzhen-based Huike Electronics (HKC) will open its R&D and processing centre in Beihai Technology Industry Park in Beihai, Guangxi Autonomous Region, making the Beibu Gulf Economic Zone its regional headquarters in several years. Shenzhen-based but Hong Kong-funded Huike Electronics (Beihai) has chosen the Beibu Gulf Region for ...
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