China News Direct

 
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Fundraising days for China's urban redevelopment
(Jan 16, 2013) BEIJING - Amid a relatively stable monetary environment, analysts believe more new loans will be created in 2013 for China's urban redevelopment and related infrastructure construction. Many provinces and regions are drawing plans and scaling up investments to develop towns and cities. The provincial government of Henan, for instance, announced ...
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China awaits a private jet market of RMB150bn
(Jan 14, 2013) BEIJING - The sky is the limit will probably be the right line to describe the helicopter or private jet market in China which plans to relax the low-altitude flying zones (below 4,000 meters) this year, releasing new opportunities. A helicopter and private jet show staged on a snow-covered day ...
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City governments to finance RMB55bn metro construction
(Jun 26, 2013) GUIYANG, Guizhou - The National Development and Reform Commission (NDRC) of China has approved a number of city railway or metro projects for Guiyang, Guizhou province, Wuhan, Hubei province, Shijiazhuang, Hebei province and Chongqing, giving the green light to RMB55 billion of city railway construction which will be mostly project ...
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Civil aviation flies 10% higher in China
(Jan 11, 2013) BEIJING - The civil aviation industry in China is expected to give an 8-10% growth in 2013 as the demands for air cargo and air passenger services will fly high with increasing economic activities. Not only is the demand for air transport services growing in China, the structure of the ...
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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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China tightens local government financing
(Jan 08, 2013) BEIJING - The People's Bank of China (PBOC) together with three other departments issued a note on the last day of 2012 to forbid local governments from pledging land, school buildings and parks for funds. The note, jointly issued by the Ministry of Finance, National Development and Reform Commission and ...
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Chongqing Liangjiang signs RMB75bn investments, financing power revealed
(Jun 19, 2013) CHONGQING - Foreign and Chinese companies have signed RMB75 billion worth of investment projects in Chongqing's Liangjiang New District which will be made regional headquarters of large companies in west China. Companies from 13 countries including Microsoft, 7-Eleven and China Minmetals Corporation signed contracts on 13 investment projects worth a ...
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Solar power shines on Jiangsu
(Dec 21, 2012) Despite trade hurdles in the US and Europe, ET Solar Group of Jiangsu province is building a solar power station in Romania, and will move on to build a 1.5-MW solar power station in Austria. Jiangsu has tasted success in making a solar power industry. In the province, there are ...
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Hubei advances through ports and highways
(Nov 29, 2012) Hubei province will see the construction and expansion of 12 more ports and navigation projects started over the next few years, the completion of which will give Hubei in central China 64 new berths for cargo and passenger transports. The Hubei provincial government unveiled the construction plan yesterday, giving the ...
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Beijing's Fengtai District invests RMB130bn to attune urban development
(Nov 28, 2012) Fengtai District in the southwest side of Beijing has planned nearly 100 projects to attune growth, talking about RMB130 billion of investments over the next three years. At a meeting held by district officials and party leaders on November 21, Fengtai announced a three-year development plan, to be released by ...
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