China News Direct

 
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China's CPI Kept at 3-5%
(Feb 03, 2010) The consumer price index (CPI) should be kept at 3% to 5% based on China's current economic growth rate of 9%, Zhang Hekeng, NPC Financial and Economic Committee chief revealed. Zhang indicated CPI could not be less than 3% as this would lead to sluggish economic activities where entrepreneurs would ...
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Buoyant Trade Gave Dalian Cargo Tax of RMB47bn
(Feb 02, 2010) Dalian Customs, Liaoning Province collected RMB46 billion cargo flowing tax in 2009, the eighth biggest in China. Buoyant trade gave the customs cargo circulation tax of RMB46.668 billion, of which tax on warehousing reached RMB37.255 billion. It had inspected the import and export of 115 million tons of cargo, an ...
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MIIT Approved 62 New Industrial Model Bases
(Feb 02, 2010) China's Ministry of Industry and Information Technology (MIIT) approved the construction of 62 industrial demonstration bases including the Beijing Zongguancun Science Park on 2 February 2010. The 62 industrial demonstration or model bases are scattered in 30 provinces, districts, cities and 5 individually planned cities excluding the Tibet Autonomous Region. ...
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Guangxi's Per Capita Fixed Asset Investment Broke RMB10,000
(Feb 01, 2010) Guangxi Zhuang Autonomous Region completed fixed asset investment of RMB570.67 billion in 2009, an increase of 50.8% on-year. The autonomous region's annual growth of investment reached RMB192.29 billion, while its per capita investment in fixed assets exceeded RMB10,000 for the first time, boosting economic growth by about 10% and contributing ...
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Jilin's GDP Growth Stayed Above National Average
(Feb 01, 2010) Jilin province reported a 13.3% increase in GDP value to RMB720.32 billion in 2009, 4.6% higher than the national average. The northeast province of Jilin had a 2.8% growth in the value-added of primary industry, 16.7% growth in secondary and 12.7% growth in tertiary industries. The proportion of the three ...
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Guangxi's Exports of Electromechanical up 40% in 2009
(Jan 29, 2010) Guangxi Autonomous Region of China exported US$2.7 billion of electromechanical products in 2009, an increase of 40.4% on-year to rank first in the country. Guangxi had strong exports of mechanical and electrical products last year whereas China's overall exports of mechanical and electrical products dropped 13.4% at the same time, ...
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Hubei's Patent Applications Rose 29% in 2009
(Jan 29, 2010) Hubei Province accepted 27,206 applications for patent in 2009, an increase of 28.7% on-year, the eighth biggest province in China. Among the 27,206 applications, 6,065 were patent for new invention and innovation, an increase of 31.4% on-year. 13,999 applications were corporate patent, an increase of 59.6% and colleges and institutions ...
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Fujian's Quanzhou GDP Broke RMB300bn in 2009
(Jan 29, 2010) Fujian province's Quanzhou city announced a GDP value of RMB300.212 billion in 2009, the first time it broke the RMB300 billion mark and its economic volume topped other cities and municipals in the province for 11 years in a row. The year 2009 was a remarkable and memorable year for ...
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Sichuan's Leshan To Tap RMB10bn Auto Sales
(Jan 29, 2010) A major automobile purchasing and exhibition centre was settling down in Sichuan province's Leshan City, giving the city RMB10 billion of sales a year. Leshan City signed a cooperative agreement with Sichuan's Jiufeng Zone and Investment Co., Ltd. to jointly develop an international automobile and motorcycle purchasing centre at an ...
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Liaoning Granted Export License of US$3.98bn in 2009
(Jan 29, 2010) Liaoning Provincial Center for Economic and Trade Office issued 10,207 pieces of import and export permits of all kinds of products to 270 trading enterprises in the province in 2009, concerning total value of US$3.98 billion. Among all permits, 3,535 were export permits of general merchandise worth an amount of ...
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