China News Direct

 
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Xiamen To Build a Cross Strait Industry Platform
(Apr 14, 2009) Xiamen city of Fujian province plans to boost cooperation with Taiwan in the development of ten industries, announced at a standing committee conference of Xiamen government. The ten industries include manufacturing, software, financial services, service outsourcing, tourism, air and marine transport, culture and innovation industry, trade services, mail and telecommunication ...
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Guangdong on Economic Recovery Path
(Apr 14, 2009) Economists in Guangdong said the economy of the province will rebound in the third quarter of 2009 when big construction projects and consumption begin to show effect. Guangdong recorded GDP growth of 5.5% in the first quarter of 2009, decreasing by 5 percentage points on year while foreign trade decreased ...
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Financial Crisis Drags Dongguan's GDP Growth
(Apr 14, 2009) Dongguan city of Guangdong province recorded an on-year decrease in GDP of 2.5% in the first quarter of 2009, the first negative growth ever, said the Dongguan government. In the first quarter, Dongguan realized total GDP value of RMB77.24 billion whereas in the first quarter of 2008, it reported a ...
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Fiscal Income Dropped 8.3% in Economic Downtown
(Apr 14, 2009) China's fiscal income totaled RMB1,464.205 billion for the first quarter of 2009, decreasing by RMB132.929 billion or 8.3% compared to the same time last year, said Ministry of Finance on April 13. In March, China's fiscal income amounted to RMB440.221 billion, down RMB1.374 billion or 0.3% on year. The Ministry ...
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Survey: Majority Says a 7% GDP Growth is Likely in '09
(Apr 12, 2009) According to a survey with more than one thousand Chinese entrepreneurs and managers, China's GDP growth is expected to stand at 7% on average for the year 2009. This GDP growth expectation is 2.4 percentage points lower than the forecast for 2008 in the same survey did a year ago. ...
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Economic Indexes Pointing To Recovery
(Apr 12, 2009) Some economic indicators recorded growths in the first quarter of 2009, pointing to a recovering situation. In March, China's electricity consumption picked up strongly. Reported by China Central Television (CCTV), the electricity consumption volume of Shanghai, Jiangsu, Zhejiang and Guangdong respectively recorded on-month growth of 13.8%, 20%, 30% and 26% ...
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Doctors Voice Concern over Children Obesity
(Apr 12, 2009) Doctors warn that one in five children in Hong Kong may be obese and children are asked to exercise more and to practise a healthier lifestyle. A group of 30 year-three medical school students at the University of Hong Kong organized a cycling tour over the Easter weekend, voicing their ...
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China To Subsidize Gasoline and Diesel Price
(Apr 10, 2009) China will subsidize fuel oil product prices when the ex-factory price of gasoline and diesel hits RMB4,400 per ton and RMB3,870 per ton respectively. China Central Television (CCTV) reported that seven ministries including the Ministry of Finance will jointly unfold the fuel oil price subsidy mechanism under which gasoline and ...
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China Pharma to Sell More Finished Drugs
(Apr 09, 2009) China Pharmaceutical Group Ltd. (China Pharma) plans to sell more finished drugs this year, said its chairman Cai Dongchen. Cai noted that the medical reform will directly boost demand for finished drugs and the company will sell more finished drugs, new drugs and branded drugs, transforming from a bulk drug ...
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Medical Reform Starts with Drug Price Mechanism
(Apr 09, 2009) China's latest medical reform aims to lower drug prices and make medical services more affordable. National Development and Reform Commission (NDRC) deputy secretary Peng Sen said the reform would highlight four measures that tackle these issues. China has preliminarily completed drafting a national basic drug index which is due to ...
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