China News Direct

 
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China Unicom To Sell RMB5bn iPhones in China
(Jul 29, 2009) China Unicom has reached an agreement with Apple Inc. where it obtains an exclusive rights to sell iPhone on the China market in the next three years, reported by Shanghai Securities Journal. The newspaper said China Unicom will start selling iPhone in late September, bundling with its telecom services. It ...
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Hubei To Build the Yangtze River Economic Belt of 8 Cities
(Jul 29, 2009) Hubei province has issued a notice on the development and open-up of the Yangtze River Economic Belt (YREB) that carries the mission of spurring the province's economic growth. Zhang Changer, a senior government official of Hubei province, said that the province aims to build the YREB into a major economic ...
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Juneyao Airlines To Open New Routes To Hong Kong and Japan
(Jul 28, 2009) Juneyao Airlines Co.,Ltd, will launch new air routes to Hong Kong and Macao within the year 2009. Wang Junjin, president of Juneyao Airlines, said the company will also try to open air routes to Japan, South Korea and Southeast Asia countries. Opened in September 2006, Juneyao Airlines currently operates 30 ...
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Pacific Andes Expands Fishing Fleet
(Jul 28, 2009) Pacific Andes International Holdings Ltd is planning to expand its fishing fleet in South Pacific Ocean by three or four ships from five ships at present. After the expansion, the company's annual fishing volume in South Pacific Ocean will rise to 200,000-300,000 tons. The company also records annual fishing volume ...
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Shenyang-Tieling Rail Gives Rise To New Opportunities
(Jul 28, 2009) Shenyang-Tieling inter-city rail project started construction in Shenbei New Area, Liaoning province, on July 24. The inter-city rail project, with a total investment of RMB11.1 billion jointly funded by Shenyang and Tieling city, will be put into operation in 2013. The rail, with a total length of 59 kilometers, includes ...
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China's Logistics Growth Creates Competitiveness
(Jul 28, 2009) China Federation of Logistics & Purchasing (CFLP) said that the logistics industry is becoming a new investment hotspot in China as 475 logistics industrial parks are starting operation. Lu Jiang, chairman of CFLP, outlined the growing importance of logistics industry at a seminar in Xuzhou, Jiangsu province, on July 24. ...
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Sichuan's Chengdu Invests RMB3bn in Nuclear Power R&D
(Jul 27, 2009) Chengdu, the capital city of Sichuan province, will build a nuclear power research and development (R&D) base. Shuangliu county, Chengdu, announced on July 27 that a national nuclear power R&D base will start construction in the county in September. The project will be carried out in two stages with a ...
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Tianjin Gas Obtains RMB4.8bn Credit for Gas Projects
(Jul 27, 2009) Tianjin Gas Group received a credit line of RMB4.8 billion from China Development Bank (CDB) and the loan will be spent on 18 green projects. Tianjin Gas is seeking financing supports and tapping more financing channels for its construction projects. The RMB4.8-billion credit line will be mainly used on 18 ...
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RMB10bn Railway Gives Rise To Shenyang-Tieling Metropolitan
(Jul 27, 2009) Liaoning province in northeast China has decided to invest more than RMB100 billion on the construction of an inter-city railway which connects Liaoning's capital city of Shenyang with Tieling, a city in northern Liaoning. With total length of 59 kilometers, the Shenyang-Tieling railway is scheduled to be completed in 2012, ...
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Liaoning's Benxi Sets Eye on RMB100bn Pharmaceutical Incomes
(Jul 27, 2009) Benxi city in Liaoning province is building a pharmaceutical industry that has estimated revenue of RMB100 billion in three years. With land area of 20 sq kilometers, Benxi's pharmaceutical industrial zone expects to bring in 200 enterprises. For the past one year ended July, the industrial park signed up 105 ...
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