China News Direct

 
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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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Guangdong branches out to Guangxi and ASEAN
(May 23, 2013) GUANGZHOU, Guangdong - Governor of Guangdong Zhu Xiaodan made a proposal this week to strengthen economic ties between Guangdong and Guangxi Autonomous Region, proposing to link the two provinces by transport infrastructure and lift the economic status of cities in Beibu Gulf, the Pearl River and the Xijiang River to ...
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China garners LNG port advantages
(May 21, 2013) BEIJING - China will keep importing LNG in the second quarter of the year as the demand among Chinese people for LNG will remain strong and the storage capacity is expected to increase. There will be an upward trend in the demand for LNG in China over the next couple ...
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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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Hard to resist Shandong technology and machinery
(May 28, 2013) JINAN, Shandong - Shandong International Economic Technology Cooperation Co. Ltd. has signed its first highway construction project in Europe, winning recognition of Shandong technology. Shandong International Economic Technology Cooperation has reached an agreement with the urban planning department of Serbia to build the E763 highway which is a part of ...
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China Russian trades grow beyond border, online
(May 28, 2013) HARBIN, Heilongjiang - An overwhelming response to the 24th China Harbin International Economic and Trade Expo to be held in Heilongjiang, China next month may be a prelude to increasing heat in Sino-Russian trades which are expanding in all directions - offline and online. The 3,000 exhibition booths planned for ...
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The lure of financial leasing in China
(Jun 18, 2013) TIANJIN - Half of China's top ten financial leasing companies are opened in Tianjin which will rise above the rest, probably above Shanghai too, in financing hundreds of billions of yuan of transport infrastructure and heavy machinery. China Council for the Promotion of International Trade and the district government of ...
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Traveling brings China RMB1.4 trillion revenue
(Apr 18, 2013) BEIJING - Tourism is expected to bring China sales revenue of RMB1.44 trillion in the first half of the year, underpinned mainly by domestic traveling around the country when the number of overseas travelers going into China has declined. In the first quarter of 2013, domestic traveling remained active as ...
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Sichuan offers more investments
(Apr 17, 2013) Chengdu - Finland's Minister for European Affairs and Foreign Trade Alexander Stubb has led a trade delegation to China's Sichuan province for a visit, paving ways for direct flights between the two countries and closer business cooperation. On Stubb's delegation to Sichuan are Finnish Ambassadors to China Lars Backstrom, Finpro ...
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Retail sales reflect Chongqing's climbing
(Apr 15, 2013) CHONGQING - Retail sales value of consumer goods of Chongqing is projected to climb 13.1% in the first quarter of 2013, 0.9 percentage point higher than the national figure and reflecting Chongqing's urban materialized city which is also seeking cultural enlightenment and fulfillment. The demand for cars and fuel oil, ...
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