China News Direct

 
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Guangdong Grape Wine Import Grew 110% Each Year
(Oct 20, 2008) Statistics from Guangzhou Customs showed that in the first 8 months of 2008, Guangdong grape wine import totaled 12.43 million litres, grew as many as 43%. The Guangdong grape wine import rose from 3.14 million litres in 2005 to 13.92 million litres in 2007, marking an average growth rate of ...
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Yunnan Will Refine Export Structure
(Oct 20, 2008) In the first three quarters of 2008, Yunnan's foreign trade experienced big growth and imports and exports revenue get closer to the 2007 total. Yunnan's exports rose 18% while export of nonferrous metals, the main product for Yunnan, decrease by 46.6%. Expert said that it is necessary to explore some ...
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Toy and Gift Companies Pessimistic About Sales
(Oct 20, 2008) Many small and medium enterprises (SMEs) are alarmed with the close down of big toy manufacturers in China. As the global financial crisis sets in, exhibitors of the 'Mega Show Part 1' generally expect a 5%-10% drop in visitor flow to the Mega Show currently held in Wanchai, Hong Kong. ...
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Survey: Buyers To Buy More From China
(Oct 20, 2008) Global Sources has done a survey with gifts and furniture buyers in the world. Results show that buyers are still interested in buying from China, but they also see the need of opening new markets outside the region. Among the 300 interviewees, 77% of them plan to increase or keep ...
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Heilongjiang Harvests Over 28bn Catties
(Oct 17, 2008) Heilongjiang province is enjoying another good year of harvest this year and it has seen harvest for five consecutive years. The major food production province of China expects to see full-year agricultural harvest of 28.1 billion catties (1 catty=half kilogram). This year, the harvest volume was 3.17 billion catties more ...
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Harbin Sells 70% of Food Out
(Oct 17, 2008) Harbin in Heilongjiang province has surplus and transports over 5 million tons of food to other provinces each year. At the World Food Day held in Harbin City on 16 October, Harbin Foodstuff Bureau reveals that the city had a food commercialization or production rate of over 70% and each ...
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Emerging Markets Back Canton Fair Sales
(Oct 17, 2008) The number of buyers showing up at the 104th China Imports and Exports Fair (Canton Fair) dropped drastically by 93% on the first day of opening. The number of exhibitors maintained at 22,341 but there were only about 5,199 visitors, dropped 93% from the last time. Sales orders from the ...
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Commerce Officials To Check Out Trade Fair Performance
(Oct 17, 2008) The Ministry of Commerce is actively researching and checking out sales performance at the 104th China Imports and Exports Fair (Canton Fair) currently held in Guangzhou. It needs to find out how active businesses currently are and what needs to be done next. The Vice-minister of Commerce, Gao Hucheng, was ...
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Central Government Plans New Supporting Policies
(Oct 17, 2008) The State Council is gathering information and researching various topics in an attempt to stimulate the economy which is expected to slow down in the second half of the year. The market believes properties and financials will be the two major sectors the government will give supporting policies. As the ...
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More SMEs May Close in Financial Tsunami
(Oct 17, 2008) The financial tsunami has spread to Hong Kong and the Pearl River Delta. The Smart Union Group (Holdings) Ltd. a Hong Kong-funded toy manufacturer, closed its Dongguan's toy factory down yesterday. Smart Union Group was used a top three toy manufacturer in the world. Legislator Leung Kwan-yuen, honorary president of ...
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