China News Direct

 
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TCL Adopts New Profit-sharing Strategy
(Jun 08, 2009) TCL Communication will launch high-end mobile phones in the second half of the year, hoping to bring in continuous revenue. Charles Yang Xinping, CEO of TCL Communication appointed on 1 April, said that he is adding new income sources for the company by launching 2.75G and 3G high-end mobile phones ...
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Wharf Bases Half of Its Assets in Hong Kong, Half in China
(Jun 06, 2009) Wharf Holdings is planning to increase mainland Chinese assets from 30% to account for 50% of total assets in a few years. Stephen T. H. Ng, Vice-chairman of Wharf, said its mainland property projects recorded satisfactory sales due to the recent buoyant property market and the prices of the two ...
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Taiyuan To Invest More in Trucks and Logistics
(Jun 06, 2009) Taiyuan city of Shanxi province hosted China's first truck logistics exhibition that intended to boost sales and promote its logistics industry. The exhibition, which aimed to stimulate truck demand and boost logistics development, was the first national truck logistics exhibition approved by Ministry of Commerce of China. Shanxi province, being ...
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Guangdong's Jiangmen and Hong Kong in Tourism Venture
(Jun 06, 2009) Hong Kong Chief Secretary Henry Tang Ying-yen yesterday discussed with Jiangmen officials on the cooperation of tourism and logistics between Hong Kong and Jiangmen. Jiangmen City in Guangdong, though may not be as competitive as other cities in terms of economic capacity, has plenty of land resources for tourism and ...
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Wharf Puts New Terminal Projects on Hold
(Jun 05, 2009) The Chinese government's move to re-assess new port development has pushed Wharf Holdings to halt a number of terminal projects including the one in Ningbo and Zhoushan in Zhejiang province. Wharf's Modern Container Terminal has two to three projects put on hold following the government's decision to re-assess new port ...
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Belle and Southern Airlines Bought Land in Shenzhen
(Jun 05, 2009) Belle International Holdings Ltd. has bought a piece of land in Shenzhen's Nanshan Hauhai Centre District for mixed commercial development. Footwear maker Belle International said the land, acquired for RMB190 million, has land site area of 30,000 sq. ft. and can be developed to provide gross floor area of 378,000 ...
Price: USD $17.50
 
   
Lanzhou Invests RMB2bn To Build Agri-trade Centre
(Jun 05, 2009) Lanzhou city, the capital of Gansu province, started building a logistics center for agricultural products and by-products in the Daqing Mountain area in Lanzhou's east suburb. With land coverage of 2,750 mu (1mu=1/6acre) and total investment of RMB1.9 billion, the center will be the biggest integrated logistics hub in northwest ...
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Yuchai Machinery To Produce RMB5bn of Marine Engines
(Jun 05, 2009) An engine company under Yuchai Group has developed and released China's first high power marine diesel engine. As China's famous manufacturer for diesel engine and construction machinery, Yuchai Machinery Ziyang Engine Company (Yuchai Machinery) locates in Ziyang city of Sichuan province and is co-invested by Yuchai Group and a Ziyang-based ...
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Lenovo Develops More 3G Phones
(Jun 05, 2009) Lenovo Mobile Communications is working on the exploration of new 3G cell phones and will invest more on research and development. Lu Yan, CEO of Lenovo Mobile Communications, said the company will double its development and research spending on 3G products to RMB150 billion in 2009, in order to grab ...
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China National Nuclear Corp Strengthens Zhejiang's Power Supply
(Jun 05, 2009) China National Nuclear Corporation(CNNC) is preparing for the second phase construction of a nuclear power station in Sanmen County in Zhejiang province. Gu Jun, President of CNNC Sanmen Nuclear Power Co.,Ltd, said the two nuclear power units in the second phase will start construction in late 2011 or early 2012. ...
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