China News Direct

 
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Heilongjiang builds more highways to facilitate trade
(Sep 28, 2012) China Development Bank (Heilongjiang) has formed a syndicated loan of RMB21.2 billion to fund the construction of thousands of kilometers of highways in Heilongjiang province, strengthening the province's economic vitality and social vibrancy. The bank has so far granted RMB31.4 billion of loans for the construction of highways and roads ...
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Zhejiang Aims High in Sea-based Industries
(Sep 27, 2012) At the 2nd China Ocean Economy Investment Discussion Forum held in Ningbo in mid-September, Zhejiang province, local companies signed up 91 sea-industry projects, putting a total investment of RMB212.7 billion under contract. The provincial government and companies in Zhejiang have high hope of building strong sea-based industries. In 2012, a ...
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Sea-based Economy Energizes Chinese Coastal Provinces
(Sep 26, 2012) Coastal provinces in China from Liaoning province off the Bohai Sea to Hainan Island in the south are making their own sea-based economic and industry development plans, tapping ocean resources and related industries worth more than RMB7 trillion. The economic value of the sea has caught the attention of more ...
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Container Throughput Reveals Bleak Trade, Shenzhen Slows the Most
(Sep 13, 2012) The bleak outlook of external trade is revealed in cargo throughput at major ports in China which slowed to a growth rate of 12 percent from January to July this year. Major ports in China recorded slowed business operation blamed it on a throttled manufacturing sector. Comparing to last year, ...
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Dalian, Liaoning Starts RMB1.42Bn Waste Recycling Projects
(Sep 10, 2012) The city of Dalian, Liaoning province has kick-started ten waste recycling projects that allow the city to set an example in promoting and practising recycling. These recycling projects have been put into construction in Dalian National Demonstration District of Ecological Industry. Built on land area of 777 mu (1 mu ...
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Dalian, Liaoning Adds Private Touch to Industrial Value-added
(Sep 07, 2012) Heavy industrial town Dalian in China's northeast province of Liaoning has reignited its economy in a couple of years, relying on mainstay heavy industries and wisdom to add new element - a private economy. The city's light and heavy industries are feverishly active. The industrial value-added of above-scale industrial companies ...
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Fujian Gives Say to Private Investments in Public Services
(Aug 27, 2012) Fujian province's Provincial Pricing Administration has just released 15 measures in this August to encourage private investments in public services which include building affordable housing for the low-to-medium income groups and providing waste treatment services at a premium. The Fujian provincial government will support private companies in building affordable housing ...
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Putian, Fujian Imports LNG to Fill Demands
(Aug 17, 2012) The lack of local natural gas supply and the shift to use clean energy has been pushing the import of liquefied natural gas (LNG) up steadily in Fujian province. There is great demand for LNG in Fujian which does not have its own local production. Putian LNG Terminal situated in ...
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Faltering Economy Hits China's Cement Export
(Aug 16, 2012) The sluggish international economy has hit China's cement exports which dropped 15% in volume and 8.3% in value from January to May 2012. China exported 4.04 million tons of cement clinker from January to May 2012, a decrease of 15% year-on-year. The value of export dropped 8.3% to US$240 million, ...
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Shanghai Writes Long Views in Overseas Direct Investment
(Aug 01, 2012) Shanghai will continue to encourage local companies to invest overseas and provide labour servicing work, keeping overseas direct investment warm. Companies in Shanghai are encouraged to go long-haul in international mergers and acquisitions, equity investment, capital expansion and reinvestment. The city government encourages local companies to take a long-view vision ...
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