China News Direct

 
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Guangdong's small merchandise trade to upgrade
(Oct 11, 2012) In Guangdong province, two industry associations of small merchandise trade secured a credit line of RMB11 billion in September to facilitate industry upgrade. The Shenzhen Small Merchandise Association has obtained a credit line of RMB6 billion from China Construction Bank (Shenzhen), while Guangdong Small Merchandise Association gets RMB5 billion from ...
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Tianjin earns wine and dine revenues of RMB27Bn in 1H '12
(Oct 11, 2012) Nearly 6,000 new restaurants were opened in Tianjin in the first half of the year, giving the wine, dine and lodging industry altogether business revenue of RMB27.3 billion, growing 20% over a year ago. Tianjin is a firm believer in quality wine and dine and stylish lodging. Among the 6,000 ...
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Another good year for Shanxi
(Oct 10, 2012) Shanxi province expects another good year of harvest thanks to a bigger farming base and a fatter budget from the central government. Autumn harvest work has been carried out vividly across Shanxi in late September when farmers say the overall harvesting of corns, potatoes and other crops have exceeded the ...
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China's bag export resumes growth
(Oct 10, 2012) China exported bags of a value of US$8.92 billion from January to May, a year-on-year growth of 10.9%, and half of the exports were sold to the U.S., E.U and Japanese markets. Export of bags had been dropping in China from last December to this February, but the amount of ...
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China's furniture export grows in value
(Oct 03, 2012) China exported furniture valued at US$17.99 billion in the first five months of 2012 and half of the furniture was shipped to the markets in the U.S. and the E.U. From January to May 2012, China exported furniture of US$17.99 billion, showing an increase of 21.6% year-on-year. Private companies exported ...
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China on the way to ninth straight year of food harvest
(Sep 28, 2012) China may be able to produce more grains, making this the ninth straight year of good harvest if fall-winter harvesting in the northeast region and harvesting of late rice in south China are done to the point of near perfection, according to Minister of Agriculture Han Zhang-fu. Overriding numerous obstacles ...
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Guangdong exports shoes at higher prices, competition remains intense
(Sep 27, 2012) Guangdong province managed to export shoes at higher prices in the first half of 2012 although cost pressure and competition continue to hold it back. Guangdong exported 2.14 billion pairs of shoes with an export value of US$8.24 billion in the first half of 2012, a slight decrease of 0.4% ...
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Guangdong imports wine at higher prices, upward trend confirmed
(Sep 27, 2012) Despite the slowing economy, wine importers in Guangdong province were willing to pay more for wine, importing more than US$260 million of wine in the first half of 2012. Guangdong imported 30.56 million liters of wine from January to June, a year-on-year increase of 4.2%. The import was valued at ...
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Reduced Household Demand Drags China's Lumber Import
(Sep 13, 2012) China has imported less lumber from overseas countries mainly Russia and New Zealand as domestic demand for downstream wood products subside amid reduced home sales in a weakened economy. Reduced demands for manufactured wood products were to blame for the slow growth in import. China uses most of the imported ...
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Foreign Milk Brands Move Upstream
(Sep 11, 2012) Foreign companies have already dominated the dairy industry in China but they are moving upstream to make a sound footing. From January to May 2012, China imported 575,000 tons of dairy products for a total value of US$2.2 billion, a year-on-year increase of 18.6% in volume and 26% in value. ...
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