China News Direct

 
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Premier Wen: Keep Demand up for Sustainable Economy
(May 21, 2012) State Council Premier Wen Jia-bao discussed the economies with six provinces in a visit to Wuhan, Hubei province, reminding all local officials that it is necessary to keep domestic consumption buoyant in order to produce long-term growth. For two days from May 18, Premier Wen visited Wuhan and held meetings ...
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Liaoning Province Powers Small Business Creation
(May 17, 2012) Liaoning province in northeast China aims to register 100,000 micro and small companies within the year, activating its private economy and creating half a million jobs. The province is full-fledged in small business creation. Led by the government, more activities for entrepreneurs, business matching, personnel training and public service introduction ...
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CORRECTION: China, Japan and S. Korea to Strengthen Regional Relations
(May 14, 2012) Corrections: In line 11 of this article, it should read as On industry and financial developments, the three nations have signed an investment pact that aims to create an open, fair and smooth environment. China, Japan and South Korea are in talks to form a free trade zone which is ...
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China, Japan and S. Korea To Strengthen Regional Relations
(May 14, 2012) China, Japan and South Korea are in talks to form a free trade zone which is among the basket of plans to strengthen regional cooperation and establish closer business ties. Chinese Premier Wen Jiabao, Japanese Prime Minister Yoshihiko Noda and Korean President Lee Myung-bak attended the fifth trilateral meeting held ...
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China Stays Balanced with Imports
(May 08, 2012) When all eyes are on stabilizing exports, a document issued by the State Council has drawn attention to enlarging imports, which is the cornerstone of keeping China's international trade balanced. The opinion note issued by the Chinese cabinet in late April, which carried the theme of promoting imports for the ...
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China Investment Corp. Increases Investments in Russia
(May 03, 2012) China Investment Corporation (CIC) will expand investment and cooperation with Russia, starting with an investment fund of about US$1 billion. China and Russia are major economies that have a substantial influence and the two are in an economic growth mode that will transform the world, according to CIC's chairman Lou ...
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Small Chinese Companies Given Tax Breaks in Tough Time
(Apr 27, 2012) Local governments in China are asked to solve the financing difficulties of small businesses in a State Council-issued opinion note which outlines eight directions to make a better future. China's State Council has issued an opinion note to remind local governments and departments to back small companies which are the ...
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Demand for Chinese-made API to Rise 20%
(Apr 24, 2012) The demand for Chinese-made active pharmaceutical ingredients (API) is expected to grow 20% this year, underpinned by world demand and undeterred by cost challenges. Traders and experts in the pharmaceutical industry attending the CPhI & ICSE China 2012 held in Beijing on April 19 found excitement and new discoveries. To ...
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China's Economy To Rebound After 3Q '12
(Apr 21, 2012) The Chinese economy will touch its trough and rebound after the third quarter but a fundamental shift in the benchmark interest rate is not likely to take place within the year, according to Fan Jian-ping, chief economist of State Information Centre (SIC). Speaking at the Second Global Fund Summit held ...
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Small Companies in Wenzhou, Zhejiang Ready to Issue Bonds
(Apr 16, 2012) A group of small companies in Wenzhou, Zhejiang province is ready to issue bonds this month in a trial run to broaden their channels of financing, according to an officer at the local financing bureau. Zhejiang province has come to a stage where it needs to allow more companies to ...
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