China News Direct

 
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Signs of improvement in China's transformation
(Feb 26, 2013) BEIJING - China's effort of reshaping the economy is paying off as signs of improvement have emerged amid falling GDPs and an imbalanced economic structure. Among China's three growth engines, exports, investments and consumption, resumed business activities in the beginning of 2013 have firstly kept trade up. China did import ...
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Ningxia rises in international trade with US, France
(Feb 19, 2013) YINCHUAN, Ningxia - China's Ningxia Hui Autonomous Region has exported calcined petroleum coke to the US for the first time and is progressing smoothly in a halal beef processing project invested by Duke of Burgundy Group of France, ready to beef up its international connection. Xichuan Industrial Trading Co. Ltd. ...
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Fujian brings cargo throughput to 450mn tons
(Mar 04, 2013) FUZHOU, Fujian - Fujian province expects to operate 15 new berths which will add cargo throughput capacity of 20 million tons, bringing the province's annual port cargo handling capacity to 450 million tons. Fujian will speed up the development of a number of port projects that will altogether makes Xiamen ...
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Jiangsu advances through technology creation and investment
(Feb 04, 2013) NANJING, Jiangsu - Jiangsu province announced a record-breaking per capita GDP of US$10,827 after producing a GDP value of RMB5.4 trillion for 2012, rising faster than the national average and closely catching up with Guangdong. The provincial government's effort to stabilize the economy and coordinate growths among various sectors had ...
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Shanghai breaks the record in wine import
(Jan 28, 2013) SHANGHAI - Active promotion of grape wine on the parts of wine merchants and a high demand for good wine in the Chinese market pushed wine import in Shanghai to a record-high volume in December 2012. According to Shanghai Customs, Shanghai imported 120 million liters of wine in 2012, an ...
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Jiangsu unleashes financing power, first in bond issuance
(Jun 18, 2013) NANJING, Jiangsu - Jiangsu companies have invested hundreds of billions of yuan in China's southernmost province of Hainan but more cross-province and diversified investments will be made out of Jiangsu which is now a direct financing powerhouse in east China. Hainan province staged an investment promotion fair in Nanjing on ...
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The EU still trades the most with China
(Jan 22, 2013) BEIJING - In 2012, the European Union (EU) continued to top other countries and regions to be China's largest trading partner but Hong Kong rose quickly to replace Japan to be China's fourth biggest trading market. Marking the year 2012 with a bilateral trade value of US$546.04 billion, a drop ...
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China awaits Taiwan's champion rice
(Jan 21, 2013) JINAN, Shandong - The direct export of Taiwan's Chih Shang rice grown in Taitung to Jinan, Shandong province is just the beginning as more mainland Chinese companies are in talks to bring the champion rice in. The first shipment of 16.62 tons of Chih Shang rice departed from Kaohsiung port ...
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Shenzhen invests big in technology industries
(Apr 23, 2013) SHENZHEN - Shenzhen has a more dynamic industry as it exports more software and technology-based electronic products and builds more e-commerce in business activities. Shenzhen ranks first in the export of software in China. The software industry earned total sales revenue of RMB274.86 billion in 2012, rising 20.2% to rank ...
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Yiwu's small merchandise trade grows 12.6%
(Jan 17, 2013) YIWU, Zhejiang - The Yiwu Consolidated Trading Market in Yiwu city, Zhejiang province turned over trading business of RMB75.88 billion in 2012, rising 11.94% over 2011 despite a weaker market. The sluggish international economy presented some challenges to Yiwu which has never stopped trying. Last year, Yiwu started using a ...
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