China News Direct

 
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State companies aim to boost asset turnover
(Aug 05, 2014) BEIJING - The Ministry of Finance (MOF) has announced the financial status of state-owned enterprises, ranking on the top are petroleum and power companies which have risen to be top Fortune 500 companies. MOF's audit reveals that all state-owned companies in China earned a combined business turnover of RMB47 trillion ... 1023 words, Sinopec, China National Petroleum Corporation, China Energy Engineering Group, China General Technology (Group) Holding, State Grid Corporation of China ...
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Unilever buys into China's water venture
(Mar 25, 2014) NINGBO, Zhejiang - Unilever is buying into China's water purifying market, acquiring a 55% equity stake of Qinyuan Group based in Ningbo, Zhejiang in expectation for doubling growth. Unilever is keen on expanding the sale and market share of Pureit, its flagship household water-purifying product introduced to China years ago. ...
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Chinese capital blends with foreign technology for better food
(Apr 01, 2014) KUNMING, Yunnan - Coffee beans companies from Yunnan province of China is making huge progress in Phongsali in north Laos where Chinese capitals are blended with foreign efforts or technologies to produce better food. Coffee companies based in Yunnan signed contracts with six counties in Phongsali province to grow 180,000 ...
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Private sector investment has dawned
(Jul 02, 2014) BEIJING - Local governments may need to do more to energize investments by the private sector or non-state companies, while many private companies seem to want to take a wait-and-see approach amid a lukewarm economy. The State Council released 80 projects for the private sector in May, kick-starting a frenzy ...
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No signs of slowing in Shanghai food retail
(Jun 20, 2014) SHANGHAI - New scenes are appearing in retail Shanghai this July when Guangxi-grown fruit has made its debut and major retailers including Lianhua Supermarkets, Maxim's of Hong Kong, and Carrefour are all staging big moves. Lianhua Supermarkets signed contracts with agricultural groups in Guangxi Autonomous Region to sell fruit nationwide. ... 609 words, Lianhua Supermarkets, Maxim's, Carrefour, Jinsui Agricultural Group, JD.com, Yihaodian ...
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CNPC extends China's natural gas policy, launches pipeline C
(Jun 12, 2014) BEIJING - China National Petroleum Corporation (CNPC) has put another natural gas pipeline into operation, going to bring 25 billion cubic meters of natural gas from Central Asia to China which has escalated the strategy of energy. The natural gas pipeline C of a total length of 1,830 kilometers, running ... 530 words, CNPC ...
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Dalian, Liaoning to forge business connections with Europe
(Jun 16, 2014) DALIAN, Liaoning - The seaport city of Dalian, Liaoning province is one of the most foreign-culture rich cities in northeast China, picking up traces of European ambiance in its food, beer, fishery, yachting and now environmental protection. Dalian signed an agreement with Charente-Maritime of France in May to forge business ... 557 words, Decathlon, Le Belier, L'Occitane En Provence, Euronext, Zhangzi Island Group ...
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Volatile prices drag metal profits
(May 30, 2014) KUNMING, Yunnan - Production and sales of rare metals have performed better than those of base metals but even so, the profit from rare metals will marginalize at 5% this year due to uncertainties. Any uncertainties, from a lackluster economy to natural hazards such as an earthquake elsewhere, can shake ... 513 words ...
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China draws roadmaps to clear air pollution
(Jun 03, 2014) SHANGHAI - Shanghai companies are among the first to complete paying for carbon emission quota in China's tested carbon trade, done in time when the State Council releases road maps to reduce carbon emission and air pollution. Last year, five cities namely Beijing, Shanghai, Tianjin, Guangdong and Shenzhen started trial ... 696 words, Shanghai Baosteel, BASF, Jinjiang Hotel ...
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New scene in China food, COFCO on top
(May 16, 2014) SHANGHAI - Companies from nearly a hundred countries visited SIAL China 2014 held in Shanghai on 13 May, grasping at any China food trade opportunity. Promoting food trade within the China market, and extending exports and imports of food were the two themes. As many as 2,400 companies exhibited at ...
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