China News Direct

 
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China To Enter a New Economic Cycle in 2010
(Jun 21, 2009) China's economy may see an overall revival in 2010 and it may even enter a new economic cycle, experts said. Liu Shucheng, chief director of Institute of Economics of Chinese Academy of Social Sciences, said China's economy had stayed in a recession from July 2008 to the first quarter of ...
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Guangzhou's Nansha Gives New Business Hope
(Jun 19, 2009) Nansha Development Zone in Guangzhou city of Guangdong plans to boost cooperation with Hong Kong in information service, science and technology, education, logistics, tourism and agriculture, said Luo Zhaoci, deputy director of the administrative commission of Nansha Development Zone. In 2008, 16 Hong Kong investment projects were formed in Nansha, ...
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Anhui's Suzhou Taps Rich Provinces' Projects
(Jun 19, 2009) Suzhou city in north Anhui is seeking investment and it wants more projects from Guangdong, Shanghai and Zhejiang. Li Hongming, Communist Party Chief of Suzhou, said the city would do more promotions in the next three months, targeting at signing domestic investment of RMB20 billion and foreign investment of US$50 ...
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Hong Kong's Direct Investment Growing in Shenyang
(Jun 19, 2009) Hong Kong investment is growing rapidly in Shenyang, the capital city of Liaoning province, reaching about HK$1.9 billion in the first half of 2009. Li Yingjie, Mayor of Shenyang, said Hong Kong investment amounted to about US$1.9 billion in the first half of 2009, accounting for 55.5% of the total ...
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Glaciers Melting in Qilian Mountain Has Hidden Impact
(Jun 19, 2009) The glaciers in China's Qilian Mountain shrank 8.2% from 1956 to 2000, according to the research of Chinese Academy of Sciences (CAS). Liu Shiyin, a researcher at the Cold and Arid Regions Environmental and Engineering Research Institute, CAS, said that glaciers melting in Qilian Mountain was accelerating and was happening ...
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China Gives More Free Medical Services
(Jun 19, 2009) China plans to launch six major health services national-wide and in rural areas in the next three years. Zhang Mao, Vice Minister of Health, said on June 18 that China would provide free Hepatitis B vaccinations to children who were born between 1994 and 2001. In 2009, a targeted population ...
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Personal Income Tax Rising in China
(Jun 19, 2009) China has seen big growths in personal income tax revenue for years, thanks to a rise in salary incomes. Ministry of Finance said in 2008, China's personal income tax revenue totaled RMB369.7 billion and accounted for 1.24% of China's GDP, up sharply from 1994's RMB7.3 billion and 0.15%. Personal income ...
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State Council Backs Yancheng's Industry Upgrade
(Jun 19, 2009) China's State Council has approved a development plan on Jiangsu's coastal area, providing a good opportunity for Yancheng city to become a new growth point in China's eastern region. Yancheng has four pillar industries, including textile, automobile, equipment manufacturing and chemical. Its wind power and equipments, environmental protection, photovoltaic and ...
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Medical Equipment in Strong Demand, Shanghai Imported 18% More
(Jun 19, 2009) Shanghai import a steadily increasing volume of medical equipment and machinery from the US, the EU and Japan, and also from Korea, Mexico and the ASEAN, now that the country of China has high demand for medical services and advanced medical equipment. An on-month increase in import of medical equipment ...
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Beijing's Daxing District Used 14% More FDI
(Jun 19, 2009) Beijing's Daxing District newly approved 10 foreign direct investment (FDI) cases in the first five months of 2009, a drop of 9.09% on-year but the value of the FDI had posted a double-digit growth. The district actually used FDI of US$38.44 million in the first five months, a growth of ...
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