China News Direct

 
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Jiangsu and AVIC invest RMB5bn in aviation equipment
(Jul 02, 2013) NANJING, Jiangsu - The provincial government of Jiangsu signed a cooperation framework agreement with Aviation Industry Corporation of China (AVIC) to restructure and make Jiangsu-owned Baosheng Group the chief manufacturer of wire and cable for the aviation and digital information industries. In the alliance, AVIC will manage Baosheng Group and ...
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Ningbo differentiates trade for US$320bn market
(Jun 21, 2013) NINGBO, Zhejiang - External trading companies in Ningbo, Zhejiang province want to diversify their client base from traditional markets in the US and Europe to emerging markets and BRICS in export and to make itself a major entry port in import, creating a truly global trade exposure. The port of ...
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Tianjin Eco-City, Bank of China harvest cross-border investments
(Jun 18, 2013) TIANJIN - China and Singapore-invested Tianjin Eco-City, Bank of China (Singapore) and Bank of China (Tianjin) will over the next three years jointly provide financing as much as RMB8 billion for Singaporean companies investing in Tianjin Eco-City. Singaporean companies investing in Sino-Singapore Tianjin Eco-City will be given preferential treatment and ...
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China-ASEAN Business Council makes brands known
(Jun 04, 2013) BEIJING - China-ASEAN Business Council (CABC) held a press conference in Beijing on May 23 to recommend a list of brand-name products manufactured by companies in China and ASEAN countries. The recommendation list included 60 companies and products made by Chinese companies and products made by 45 ASEAN companies. It ...
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Half of China's retail growth comes online
(Jun 06, 2013) Beijing - Online retailers including Tmall and Amazon China are included in China's top 100 retailers for the first time to reflect their influence, shaping a consumption market which will never be the same again. China General Chamber of Commerce (CGCC) has issued the China's Top 100 Retailers Development Reading ...
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Industrial spin-offs hold good for Liaoning
(Jun 07, 2013) DALIAN, Liaoning - Industrial companies in China's northeast city of Dalian are encouraged to spin off functional divisions such as industrial design, financial leasing and logistics to create specialized services, pacing themselves for a change to adopt more modern services and e-commerce. Liaoning province has started the search for a ...
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Shenzhen drives billions of loans to small companies
(Jun 06, 2013) SHENZHEN - The municipal government of Shenzhen has issued an administrative measure to support small business financing through giving or sponsoring small business development funds and creating joint insurance, trying to drive hundreds of billions of yuan of liquidity to small companies. The municipal government has vowed to back small ...
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Wuhan builds 20 bridges to sustain growth
(Jun 25, 2013) WUHAN, Hubei - The city of Wuhan, converging the Yangtze River and the Han River (Hanjiang) in Hubei province, has arrived at a bottleneck where traffic flow among the cities has to be eased by 20 or more bridges, and over the next decade, these bridges will be built. Wuhan ...
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Knorr-Bremse opens research center in Shanghai
(May 24, 2013) SHANGHAI - Knorr-Bremse AG of Germany will open a research and development center in Shanghai to localize research and production of braking systems for commercial vehicles and trains. China is a market not to be missed by many foreign automobile makers. In Shanghai and eastern Chinese provinces, more foreign automobile ...
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China's export of machines to rise 15%
(May 27, 2013) BEIJING - The export of machines is projected to grow 15% in China this year despite a drop in the import of the same products in the first quarter of the year, predominantly affected by economic development and levels of factory orders. In the first quarter of 2013, China exported ...
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