China News Direct

 
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Outdoor Advertising Deserves More Coordination
(Jul 09, 2012) Numerous problems still plague the outdoor advertising market in China and loopholes are yet to be filled despite the sales of outdoor advertising have climbed to RMB27.6 billion a year. Outdoor advertisements in modern cities often have an impact on city images. In some cases, excessive lighting has affected residential ...
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China's Peasant Workers Prefer Work near Home
(Jun 29, 2012) China had 252.78 million peasant workers in 2011, of which 63% worked outside their hometowns mostly in eastern Chinese provinces although more were attracted to inland and western regions. A sampling survey done by the National Bureau of Statistics of China (NBS) revealed that in 2011, there were 252.78 million ...
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China's Economy to Bottom out in 2Q '12
(Jun 27, 2012) China's State Information Centre forecasts a continual slowdown in the economy in the second quarter of 2012 with the GDP growing at a rock-bottom rate of about 7.5%. More analysts believe the GDP will touch its trough in the second quarter, growing at between 7% and 8%. Given the lackluster ...
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Chinese State Firms Not to Relax Vigilance
(Jun 27, 2012) Despite decades of rosy growth, Chinese state-owned enterprises (SOEs) are reminded to strengthen management and to stay alert to unfolding bleakness that may last for three to five years. Vice Chairman of State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, Shao Ning, in a recent meeting, asked ...
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Room for Small Businesses in Government Procurement
(Jun 26, 2012) Chinese government departments should leave at least 30% of government procurement budgets to small and medium-sized companies starting from 2012, eliminating also unfair treatments based purely on size. The Ministry of Finance (MOF) and Ministry of Industry and Information Technology (MIIT) of China have drafted a method of administration on ...
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State-owned Companies Dominate Shandong's Overseas Investments
(Jun 25, 2012) Non-state companies in Shandong province, China mainly engage in the secondary industry when they ponder overseas investments, however, in terms of investment value, state-owned enterprises still dominate. Companies in Shandong have been active in overseas business operation, getting themselves in corporate merger and acquisition and setting up sale units overseas. ...
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Small Business Growth Has Slowed but Still Optimistic
(Jun 18, 2012) Micro to medium-sized companies in China were growing less rapidly in the second half of 2011, according to Bank of Communications and Fudan University which jointly issued a report on small business growth on June 18. Measured by the comprehensive growth index at 96.91 and the performance index at 91.66, ...
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Shanghai's Pudong Welcomes Foreign Investors to Elderly Services
(Jun 18, 2012) Shanghai's Pudong will be the first to bring foreign investors to its elderly care business, focusing on the upper end market. Shanghai Administration for Industry and Commerce announced today a new policy, containing 16 measures, to speed the transformation of the city. To bring foreign investors to the elderly care ...
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China Africa Development Fund to Invest US$5Bn in Africa
(Jun 01, 2012) China Africa Development Fund (CADF) has directly invested over US$57 million in ten projects in Africa since 2007, bringing up the agriculture and processing industries in the African continent. CADF is China's only equity investment fund that underpins the economic and social developments in Africa. As of the end of ...
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Guidelines Made Clear for Private Investment
(May 23, 2012) More Chinese ministries are drafting investment guidelines to introduce private capital, echoing the State Council's call to open the market. In this May and June, more ministries are expected to announce investment guidelines which will circle fair competition, access to consultation services, and supervision of private capital in industries. In ...
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