China News Direct

 
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China awaits Taiwan's champion rice
(Jan 21, 2013) JINAN, Shandong - The direct export of Taiwan's Chih Shang rice grown in Taitung to Jinan, Shandong province is just the beginning as more mainland Chinese companies are in talks to bring the champion rice in. The first shipment of 16.62 tons of Chih Shang rice departed from Kaohsiung port ...
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Yiwu's small merchandise trade grows 12.6%
(Jan 17, 2013) YIWU, Zhejiang - The Yiwu Consolidated Trading Market in Yiwu city, Zhejiang province turned over trading business of RMB75.88 billion in 2012, rising 11.94% over 2011 despite a weaker market. The sluggish international economy presented some challenges to Yiwu which has never stopped trying. Last year, Yiwu started using a ...
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Chinese individual business operators risen to 40mn
(Jan 16, 2013) BEIJING - Individual business operators in China have not been deterred from trying as the latest figures from the State Administration of Industry and Commerce of China (SAIC) show their number broke 40 million for the first time. At the end of 2012, there were 13.67 million companies including subsidiaries ...
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Wuhan, Hubei invests RMB16bn in automobiles
(Jan 16, 2013) WUHAN, Hubei - Wuhan Economic Technology Development Zone, dubbed the automobile capital of China, signed in this January seven automobile investment projects attached a combined investment value of RMB16.1 billion. The seven investment projects have an expected production output value of RMB34.6 billion a year. In one of the projects, ...
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China's GDP growth aims high in 2013
(Jan 15, 2013) Analysts say the climb up in the GDP growth in China in the fourth quarter of 2012, for the first time after six quarters of consecutive falls, means the economy has touched its trough and has stabilized, setting 2013 off for a projected GDP growth of 8% to even 8.5%. ...
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Ocean-going Shandong finds new world of fish
(Jan 14, 2013) JINAN, Shandong - Shandong province facing the Yellow Sea and the Bohai has invested nearly RMB2 billion in ocean fishery, earning record-breaking fish catches and farming record number of young fish. The aquaculture and ocean fishery industry has grown to a multi-billion yuan business for Shandong which has long been ...
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China imports food despite sufficiency
(Jan 17, 2013) BEIJING - China imported 9.29 million tons more wheat, corn and rice in 2012 but the increased import was justifiable. From January to October 2012, China imported 10.09 million tons of wheat, corn and rice, increasing 9.29 million tons more than 2011. According to the chief economist of the Ministry ...
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Ningbo, Zhejiang earns RMB400mn from plant trade
(Jul 02, 2013) NINGBO, Zhejiang - The high demand for plant derivatives for the use in food, cosmetics or health care in the world has created unforeseen opportunities for companies in Ningbo, Zhejiang which easily earn RMB400 million a year. Last year, Ningbo Customs quarantined 601 batches of export of plant derivatives or ...
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Ningxia fills 60% of world cashmere need
(Jul 02, 2013) YINCHUAN, Ningxia - Ningxia Autonomous Region in China will put two light textile industry parks into operation this year, completing a cashmere and high-end textile industry chain which will fill over 60% of the world's demand. Ningxia sources and sells 12,000 tons of raw cashmere a year, supplying 70% of ...
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Automobile retailer Yuntong forms new base in Harbin, Heilongjiang
(Jan 08, 2013) HARBIN, Heilongjiang - Chinese automobile retailer Beijing Yuntong International Financing Investment has brought RMB300 million of investment home, building an automobile electronics R&D and production centre in Harbin, Heilongjiang. Heilongjiang-born Yuntong will make the R&D centre one of the biggest Chinese-funded automobile production centres in China. In a complex of ...
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