China News Direct

 
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Shenzhen tourism income to up 10% in 2008
(Jan 26, 2008) Shenzhen's tourism industry has generated incomes of RMB51.1 billion in 2007, the fourth highest among the main tourism cities in China and recorded a 10% growth as compared with 2006. Shenzhen expects 70.56 million visitors in 2008, a 7.52% increase from 2007. Visitors staying overnight will reach 28.26 million, a ...
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Hilton to have its 6th China hotel in Chengdu
(Jan 26, 2008) Hilton Hotels will start building its sixth hotel in China in August 2008 in the Sichuanese city of Chengdu. Construction is expected to complete by 2012. The project includes a 5-star business hotel, first-class office buildings, and luxury apartments. Project's lot area is 15,208 square meters and total floor area ...
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BoComm launches credit card with Island Golf Club
(Jan 26, 2008) Bank of Communications (BoComm) and Island Golf Club jointly launch the first joint credit card. The bank's Hong Kong Branch vice general manager Chan Ha-Fong forecasts that card issued volume can reach 5,000 to 6,000 in the beginning and card issuance is hoped to increase to a 5-digit volume at ...
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Hangzhou 2007 GDP up 14.6%
(Jan 25, 2008) Hangzhou Bureau of Statistics releases economic figures showing the municipality's GDP reached RMB410.389 billion in 2007, up 14.6% from the previous year and is the 17th consecutive year of double digit growth. Per capita GDP reached RMB61,313, or US$8,063. Industrial sales up 19.4% to RMB820.48 billion while industrial production up ...
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Morgan Stanley: Chinese media to stand out in 2008
(Jan 25, 2008) Morgan Stanley, one of the world's largest investment banks and global financial services firms, thinks 2008 will be the China Brand Year with the approach of the Beijing 2008 Olympic Games. The financial services conglomerate believes Chinese media like Sina, Sohu, Air Media and Focus Media will probably benefit from ...
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West Kowloon Cultural District gives HK $71bn GDP
(Jan 25, 2008) West Kowloon Cultural District will facilitate the growth of tourism industry in Hong Kong by bringing 2.4 million visitors. The government has conducted a fiscal study on the cultural district through financial advisors. The cultural district will attract about 2.4 million visitors per year in the first 16 years after ...
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Xiamen botanic Park received 2 million visitors
(Jan 25, 2008) Xiamen International Garden and Flower Expo Park, opened on 23rd September 2007, has recorded 2 million visitors so far and pushed ahead the city's tourism industry. Zheng Xiaopeng, head of Management Office of the Expo Park says that 40% of visitors are from Hong Kong, Macau and Taiwan, and the ...
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Microsoft to train Zhejiang peasants in computer use
(Jan 25, 2008) China Telecom Zhejiang Company and Microsoft China signed a strategic cooperation agreement in Hangzhou which says both parties will makes use of their own competitive edge to cooperate in production chain, marketing and management style. The two parties will jointly build a research laboratory to strengthen cooperation in technology R&D. ...
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Jinmen entrepreneurs may participate in Xiamen tourism project
(Jan 25, 2008) The coastal city of Xiamen city in Fujian province recently started building a large seaside tourism and leisure zone in the area close to the island of Jinmen currently administered by Taiwan. Sources say some Jinmen entrepreneurs would like to invest or participate in the construction of the zone which ...
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Russians give HK new tourism growth
(Jan 25, 2008) Hong Kong Tourism Board may open a new office in the Middle East to promote tourism if it obtains additional funds from the Hong Kong Government. The tourism board plans to step up promotion of tourism in new markets such as the Middle East and Russia which are also high-end ...
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