China News Direct

 
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Sinoma sets gravel aggregate standard
(Mar 31, 2017) SUZHOU, Jiangsu - A new industry standard for gravel aggregate which is a kind of building material used broadly in buildings, roads and highways will be implemented in China on 1 April this year. Suzhou Sinoma Non-metallic Mineral Industry Design and Research Institute Co. Ltd. and China National Building Material Industrial Planning Research Institute, taking ...
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Industrial profits up 8.5% in 2016
(Mar 01, 2017) BEIJING - Data from the National Bureau of Statistics (NBS) of China show that in 2016 industrial companies with a yearly business scale of over RMB20 million of turnover earned a total profit of RMB6.88 trillion, up 8.5% over 2015. Most industrial companies earned a profit except for collectively owned entities that reported a decline. Foreign-invested ...
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Wafangdian Bearing foresees strong sales in 2018
(May 09, 2017) DALIAN, Liaoning - Wafangdian Bearing Group Corporation has recently won a tender to supply wind power pitch bearings for world-renowned companies, which will give it a substantial market share in the world. The Dalian-based bearing manufacturer sealed more orders at the Hannover Messe held in Hannover, Germany, pocketing RMB280 million of sales ...
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New strategy earns State Construction 19% sales
(May 27, 2017) JIAOZUO, Henan - China Construction 7th Engineering Division Corp. Ltd. signed a strategic cooperation agreement with the municipal government of Jiaozuo city, Henan province to start nearly RMB60 billion of public work, yet it is just a fraction of all sales earned. The two sides will cooperate in many areas of construction, including constructing ...
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State firms collaborate on R&D for more
(Sep 14, 2017) BEIJING - State-owned companies in China have invested more in R&D which climbed to a total value of RMB380 billion in 2016, equivalent to an average year growth of over 20% over the past few years. State-owned companies in China, in whichever fields, have more resources and state back-up in conducting R&D. Parts of the fruits of these R&Ds are national recognition ...
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Taking graphene from laboratories to factories
(Jan 18, 2016) BEIJING - State-owned Aviation Industry Corporation of China (AVIC) announced in early January to let young colleagues lead and form teams for innovation. They will research graphene. Graphene as a revolutionary material has been applied to various industries, which is not new. Nevertheless, the application of graphene and its commercial value ...
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China likely to keep urbanizing
(Jan 25, 2016) BEIJING - An urbanized economy will release the potential of domestic demand in China, meaning the spending or consumption by rural people will be the next stage of growth. A regular meeting of the State Council held on 22 January, chaired by Premier Li Keqiang, revealed China's next move to speed urbanization. Urbanization, in the eyes of Premier Li, is not just about land or ...
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Industry has not slowed a bit in Shenyang, Liaoning
(Feb 23, 2016) SHENYANG, Liaoning - Siasun Robots Automation Shareholding Co. Ltd signed strategic collaboration agreements with Schneider Electric of Germany to develop smart solutions and to run advanced manufacturing plants. The alliance is said to be all-rounded as Siasun and Schneider Electric will be getting their hands on many ...
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Beijing Enterprises will help build Guangxi's future
(Mar 04, 2016) BEIJING - Beijing Enterprises Group Co. Ltd. sealed a deal with the regional government of Guangxi Autonomous Region to jointly develop infrastructure in Guangxi. Guangxi has a list of major projects worth as much as RMB500 billion to be completed this year. Beijing Enterprises Group, on the other hand, has substantial financial strength ...
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Services draw foreign investments to China
(Mar 10, 2016) DALIAN, Liaoning - The 22 newly established foreign-invested companies in Dalian, Liaoning province this January invested mostly in the city's services as services have climbed to claim a big slice of China's development. China has drawn in more foreign direct investments (FDI) when her economy is outward leaning. Many industries are opened wider doors to ...
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