China News Direct

 
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Ocean-going Shandong finds new world of fish
(Jan 14, 2013) JINAN, Shandong - Shandong province facing the Yellow Sea and the Bohai has invested nearly RMB2 billion in ocean fishery, earning record-breaking fish catches and farming record number of young fish. The aquaculture and ocean fishery industry has grown to a multi-billion yuan business for Shandong which has long been ...
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Ningbo, Zhejiang earns RMB400mn from plant trade
(Jul 02, 2013) NINGBO, Zhejiang - The high demand for plant derivatives for the use in food, cosmetics or health care in the world has created unforeseen opportunities for companies in Ningbo, Zhejiang which easily earn RMB400 million a year. Last year, Ningbo Customs quarantined 601 batches of export of plant derivatives or ...
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China studies power sale and rail connection to Thailand
(Jun 11, 2013) KUNMING, Yunnan - China Southern Power Grid (CSG) will study power sale to Thailand via Yunnan province, Vietnam and Laos, extending its power reach to the Greater Mekong River Region through basic infrastructure. CSG signed a memorandum of understanding (MOU) of power sale with the power bureau of Thailand in ...
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Dalian, Liaoning grows appetite for overseas investments
(Jan 08, 2013) DALIAN, Liaoning - Chinese companies in the northeast city of Dalian, Liaoning province have developed an appetite for more industries, putting overseas investments in over 30 countries and regions. Dalian capitals were seen invested in over 30 countries and in industries not exposed to before. In 2012, the Dalian city ...
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Taiwan invests US$2bn in Fujian's farm sector
(Jan 07, 2013) FUZHOU, Fujian - Taiwanese companies have invested nearly US$2 billion of capital in the agricultural sector in Fujian province as cross-strait collaborations in trade and investment widen. In 2012, the Fujian provincial government approved 89 Taiwanese-funded agricultural projects which contracted an investment value of US$160 million and wired in investment ...
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Ningbo, Zhejiang builds trade status, lowers fees
(Jan 04, 2013) NINGBO, Zhejiang - Ningbo Entry-Exit Inspection and Quarantine Bureau will lower the inspection and quarantine fees starting in 2013 and will simplify cargo entry and exit procedure to promote trade, trying to build itself a trading centre of consumer products for the Yangtze River Delta. Ningbo, Zhejiang has issued four ...
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Portuguese stones turned gold in China
(Jan 04, 2013) BEIJING - Portuguese stone material companies have turned to China for export, making China the second largest export destination after France in the first quarter of last year. The stale economy in Europe has pushed more European companies out of the continent in search of new markets. In 2011, Portuguese ...
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Sinosure in keeping trade and investments
(Jan 03, 2013) BEIJING - China Export and Credit Insurance Corporation (Sinosure) has played a reassuring role in keeping businesses and trades up in a volatile economic environment, backing Chinese companies and banks in financing and foreign investments. As China's state-run export credit insurer, Sinosure will devote more resources to keeping risks under ...
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Export credit insurance backs a quarter of general trade
(Dec 28, 2012) Shanghai - China Export and Credit Insurance Corporation (Sinosure) has underwritten US$23.09 billion of exports for Shanghai and about US$37.9 billion of exports for Jiangsu province so far this year, backing many companies in keeping business and tapping new markets. In Shanghai, Sinosure has provided export credit insurance of US$23.09 ...
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China sets import tariffs lower to boost consumption
(Dec 27, 2012) BEIJING - A new set of import and export tariffs will come into play on January 1, 2013 in China which will trim tariffs on 780 kinds of products to levels even below those enjoyed by the most favourable nations. The Ministry of Finance (MOF) announces that starting from January ...
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