China News Direct

 
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Keen Competition Drove Suzhou's Air-conditioner Export Down
(Jun 12, 2009) The export of air-conditioners in Suzhou City of Jiangsu Province have been facing challenges since 2008 due to rising production cost and technology barrier. Statistics released by Suzhou Entry-exit Inspection and Quarantine Bureau showed that there were 1,050 lots of air-conditioner export from January to May 2009, a drop of ...
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Shaanxi's Industries Posted Double-digit Growths in May '09
(Jun 12, 2009) The industrial operation of Shaanxi Province in China bounced back rapidly in May, sending scaled enterprises' value-added to RMB26.622 billion, a growth of 14.9% on-year and 3.6% over April. The total value-added in Shaanxi from January to May amounted to RMB109.278 billion, rising 8.2% on-year and 0.6% higher than that ...
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CPI Down 2.7% in Chongqing on Pork and HINI Factors
(Jun 12, 2009) Survey Office of the National Bureau of Statistics in Chongqing City reported that the Consumer Price Index (CPI) of the city in May 2009 recorded an on-year drop of 2.7% and a decrease of 0.5% over April, which was 0.2% higher than the drop in April. Only two categories, cigarettes ...
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Pan-PRD Fair Sealed RMB266bn Contracts
(Jun 12, 2009) Hong Kong and Macao reached total cooperative contracts of RMB10 billion during the 5th Pan-Pearl River Delta economic forum and trade fair(Pan-PRD Fair) which ended on June 11 in Nanning city, the capital of Guangxi Zhuang Autonomous Region. Li Jinzao, standing vice chairman of Guangxi and also the deputy director ...
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Urbanization Gives Lucrative Opportunities to Developers
(Jun 12, 2009) The potential of the property market in second-tier cities of mainland China is worth considering due to rapid urbanization, said Hui Wing Mau, Chairman of Shimao Property Holdings Ltd. The Chinese government is speeding up urbanization with plans to enlarge urban areas by 1 to 5 times in cities including ...
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Sichuan's Economic Fundamentals Not Shaken
(Jun 11, 2009) Sichuan Province provides great development potential that makes it the most attractive region in western China, said Li Chengyun, Vice Governor of Sichuan Province. Li attended the 5th Pan Pearl River Delta Regional Cooperation and Development Forum and Trade Fair and said although the May-12 Wenchuan earthquake in Sichuan took ...
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Taiwan Welcomed To Take Part in Domestic Consumption Program
(Jun 11, 2009) China encourages Taiwanese enterprises to examine the domestic demand of mainland China and participate in the replacement program on cars and household electrical appliances, said Fan Liqing, spokeswoman of the Taiwan Affairs Office of the State Council. The State Council announced a replacement program on cars and household electrical appliances ...
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Industrial Prices Rise But Surplus Still Serious
(Jun 11, 2009) Both the purchase price of raw materials and ex-factory price of industrial products in Zhejiang Province of China rebounded in April this year with growths of 0.26% and 0.54% respectively over March, according to an analysis report published by the Department of Price Supervision of Zhejiang Province under the National ...
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Jiangxi's Business Operation Rate Near Normal
(Jun 11, 2009) The economy of Jiangxi Province of China is revitalizing with increasing operation rate of enterprises. Statistics showed that among 1,439 medium and large enterprises in Jiangxi, about 57% received sufficient orders that keep them busy for the second half of the year, and many of them are in the photovoltaic, ...
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TPV Expects Sales of 8mn TVs in US and Europe
(Jun 11, 2009) TPV Technology Ltd., a manufacturer of computer monitors and flat TV products, saw LCD(Liquid Crystal Display) sales orders rising in the North America market. Jason Hsuan, Chairman of TPV, has confidence in the prospects of LCD TV business and forecasts the LCD TV sales volume may exceed 8 million in ...
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