China News Direct

 
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AEON Opens One More Store in Shenzhen's Futian
(Jul 02, 2009) AEON Stores (Hong Kong) Co., Ltd. announced that it opened a new JUSCO outlet in Shenzhen on July 1, which is the 13th JUSCO stores in Guangdong province. The new outlet, located at Futian district, has a total floor area of 18,000 square meters and entails an investment of RMB32 ...
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Hong Kong Company Invests RMB200mn in Can-making Plants
(Jul 02, 2009) Hong Kong-based New Century Supplies & Engineering Ltd. has started the construction of a metal packaging plant in Shijiazhuang, the capital city of Hebei province. New Century Supplies and Engineering has set up a can-making company named Shengdeli in Zhijiazhuang to manage the plant. Yu Liangqi, president of Shengdeli, said ...
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Electronic Appliances Hot Sales in Rural Henan
(Jul 02, 2009) During the first half of 2009, Henan Province in central China sold 1.289 million units of household electronic appliance during activities organized to push sales to countryside, accomplishing 64.4% of the sales target set for 2009. The sales volume was 35% higher than that for the whole year of 2008. ...
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Ajisen Plans 100 New Restaurants Each Year
(Jun 30, 2009) Restaurant group Ajisen(China) Holdings Ltd. plans to speed up new store opening. Yin Yibing, general manager of the company, said Ajisen wanted to raise the number of restaurant to more than 400 by the end of 2009, from the current 350. He said the company would open 90-100 new restaurants ...
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Outlet China Plans National Coverage
(Jun 30, 2009) Outlet (China) Ltd.'s South China Flagship Centre started construction in Sanshui district in Guangdong's Foshan city. Foshan started the construction of 31 key projects on June 28, requiring total investments of RMB21.5 billion. The 31 key projects include Outlet's South China Flagship Centre, a Cross-strait innovative agricultural development zone, a ...
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Retailer Suning Gets Most Valuable Brand Status
(Jun 29, 2009) China's famous household electronic appliance retailer Suning is ranked the most valuable retail brand of China by World Brand Lab(WBL). With a brand value of RMB45.54 billion, Suning is also the 16th most valuable brand among China's top 100. In 2008, Suning had a brand value of RMB42.34 billion. Suning ...
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China Will Make TCM The Core of Public Healthcare
(Jun 29, 2009) China will invest more in developing and promoting the traditional Chinese medicine (TCM) industry in a way to improve its public healthcare system, reported by Xinhua. A report announced at the "2009 International Conference for Bio-economy" in Tianjin that China is targeting at lifting the TCM industry output value to ...
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China To Complete Automobile Tax Reform by Year-end
(Jun 29, 2009) China will complete the reform on vehicle purchase tax by the end of 2009 in order to prepare for domestic consumption expansion, government officials of China's National Development and Reform Commission (NDRC). NDRC said in late June that China needed to adjust the vehicle purchase tax for expanding domestic consumption ...
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Wondersun Invests RMB1bn in Dairy Farms
(Jun 27, 2009) Wondersun, a Heilongjiang-based dairy product provider, said it had acquired a 51% equity stake of Xingtai, Hebei-based dairy group which is also the biggest liquid milk manufacturing base under Sanlu which was strapped by contaminated mild powder scandal last year. Wondersun plans to invest RMB1 billion in the newly acquired ...
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TESCO To Build Multi-functional Malls in Anhui's Hefei
(Jun 26, 2009) German retailer TESCO is going into the central Chinese market for the first time, investing and building a retail centre in Hefei, the capital city of Anhui province. With total investment of RMB350 million, TESCO plans to build a multi-functional commercial center in downtown Hefei. Wu Cunrong, Hefei Mayor, said ...
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