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Guangxi forges ahead with tourism development
(Aug 30, 2013) NANNING, Guangxi - The leisure fishing industry in Guangxi Autonomous Region of China creates an output value of RMB3 billion a year, while rosewood trade between Guangxi's border city of Pingxiang and Vietnam has a value of more than US$1 billion, all of these are made known when Guangxi unveils ...
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New ways in Shanghai's free trade
(Aug 23, 2013) SHANGHAI - China's State Council has officially given Shanghai the green light to form a free trade experimental zone, which will give the Chinese version of financial open-up a new meaning. The State Council is keen on giving Shanghai a larger scope of financial development, hoping that new ways of ...
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Chongqing adapts to foreign investment
(Aug 08, 2013) CHONGQING - In this August, KPMG opened its 14th office in China's Chongqing, illustrating the Big-four's vision to take corporate consultation further to inland China, and KPMG is not alone. In Chongqing, KPMG will continue to serve multinational corporations and local companies seeking corporate finance and overseas acquisition. KPMG is ...
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China's mega rail construction means more
(Aug 08, 2013) BEIJING - China projects growth in all kinds of city rail transport to a distance of 6,000 kilometers in 2020, doubling the current one and requiring rail transport infrastructure investment of at least RMB3-4 trillion. State Council Premier Li Keqiang in a meeting on May 13 handed down the approval ...
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Chongqing takes holistic view in overseas investment
(Aug 08, 2013) CHONGQING - Chongqing Merchants (Yushang) Investment Group, formed this March by 69 prominent local companies, has captured the attention of Chongqing Foreign Trade & Economic Relations Commission which moved quickly to visit Yushang yesterday to learn its investment direction and new projects. Yushang ran a high-profile global recruitment for its ...
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Tianjin joins second-hand car frenzy
(Jul 29, 2013) TIANJIN - High-priced, ultra-luxury but not all-new cars appeared in Tianjin's Aviation Port Economic Zone this July when an indoor second-hand car market was officially opened, linking local consumers with top car brands such as Maserati, Bentley, Rolls Royce and Lamborghini. Tianjin is able to weave more diversity to its ...
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Anhui wants foreign investors in high-end industries
(Aug 01, 2013) WUHU, Anhui - The provincial government of Anhui has officially included the manufacturing of crude oil rigs, provision of elderly healthcare and five other industries to its list of favourable industries opened to sino-foreign joint ventures and cooperation, effective June 10. This is the third time Anhui thinks more industries ...
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Foreign banks check out Jiangxi
(Aug 08, 2013) NANCHANG, Jiangxi - A group of 15 foreign banks arrived at China's Jiangxi province on August 1 to learn the latest development of the province, meeting also executives of companies based in the financial district and economic development zone of Honggutan New District in Nanchang. Organized by the financial departments ...
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Shandong spreads outsourcing from coast to coast
(Jul 29, 2013) JINAN, Shandong - A hundred international contracting companies based in Shandong met state-owned companies from around China, trying to find engineering projects and labour outsourcing work in the areas of construction of housing, transport infrastructure and power lines. Shandong companies hope to provide labour service outsourcing and equipment manufacturing support ...
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China approves loans on forestry assets
(Jul 22, 2013) BEIJING - China Banking Regulatory Commission (CBRC) has announced a breakthrough measure to let forestry and wood business operators pledge forestry assets, operating contracts or management rights for bank loans, the latest move of the bank watchdog to flow liquidity to different industries. China Banking Regulatory Commission and State Forestry ...
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