China News Direct

 
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Cotton price gap hurts clothing exporters in Fujian
(Mar 04, 2013) FUZHOU, Fujian - Many cotton yarn companies in Fujian province are suffering from a loss despite a growth in the export of clothing, blame it on the high price of cotton and reduced export orders. A survey conducted by Fujian Business Association of Textile and Apparel Export Base reveals that ...
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Zhejiang and Jiangsu back domestic and export sourcing
(Feb 05, 2013) YIWU, Zhejiang - The Ministry of Commerce (MOC) of China will heavily promote and assist three merchandise markets to make them fit for both exports and domestic trades in the Chinese market. The MOC, for the first time, has picked three major trading markets in Zhejiang and Jiangsu for a ...
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Beijing to fill 480,000 new jobs in 1H '13
(Feb 25, 2013) BEIJING - As many as 480,000 new jobs will need to be filled in Beijing in the first half of 2013 and employees in the capital city can expect an average 8% growth in the minimum wage, a poll shows. Beijing Municipal Human Resources and Social Security Bureau did a ...
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Cattle farmers seek subsidies in keeping supplies
(Feb 01, 2013) BEIJING - The procurement prices of cattle have soared 40% in China over the last few years, pulled by the tight supply of cattle and the rising demand for beef among affluent consumers. The cattle industry is asking the state to give fiscal subsidies and banks to give easier financing ...
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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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Year of Snake New Year spending soars 15%
(Feb 18, 2013) SHANGHAI - From the Chinese New Year's Eve on February 9 to the 15th of the month, polled retailers and restaurants across China earned sales revenue of RMB539 billion, a prosperous rise of 14.7% over last year thanks to ordinary people's festive spending and banquets. Chinese New Year was meant ...
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Shanghai exports US$200mn internet games
(Apr 19, 2013) SHANGHAI - Shanghai exported US$200 million of internet gaming products and earned RMB19 billion of revenues from internet games in 2012, securing one-third of China's internet gaming revenue. The Shanghai municipal government vows to do more to synchronize the development of the internet gaming industry. After Shanghai's Caohejing Development Zone ...
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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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China secures farm outputs despite exception
(Jan 22, 2013) URUMQI, Xinjiang - China has managed to keep the supplies of edible oil plants, sugar and cotton stable despite reduced grain outputs and the volatile prices of these commodities on the international market. However, the same story may not apply to ketchup from Xinjiang. According to the Ministry of Agriculture, ...
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Merchandisers: More sourcing expected in 2013
(Jan 22, 2013) SHANGHAI - Although prices of Chinese-made products have surged, merchandisers around the world still prefer to buy made-in-China products, a poll says. Shanghai International Sourcing Promotion Center issued the 4th Quarter 2012 International Sourcing (Shanghai) Confidence Index on January 14, showing that confidence has come back after all the economic ...
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