China News Direct

 
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HK can set up exhibition & entertainment business in China more freely
(Aug 08, 2007) Under CEPA IV, Hong Kong will be allowed to directly provide cross-border service in the entertainment and trade exhibition industries in Shanghai and Guangdong. This trial scheme opens a wider door for many Hong Kong companies. In trade exhibition, Hong Kong trade exhibition companies set up in Shanghai and Guangdong ...
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Erlianhaote vegetable trade breaks record, trade value up 37%
(Aug 06, 2007) Due to increasing demand for fresh vegetable in Mongolia, Erlianhaote of Inner Mongolia has seen a strong surge in export of vegetable and fruit in 2007. In the first four months of 2007, Erlianhaote exported an accumulated 33,320 tons of vegetable and fruit with total value of US$259,800. The volume ...
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Pakistan to import more Chinese goods tariff free
(Aug 04, 2007) Starting from 1 July 2007, many products exporting from China to Pakistan will enjoy zero or very low tariff. With increasing demand for manufactured goods, Hong Kong's exports to Pakistan also showed a double-digit surge in the first half of 2007. China and Pakistan have signed bilateral free trade agreement ...
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All sectors of logistics showed double-digit growths
(Aug 02, 2007) In the first half of 2007, all industrial sectors in the logistics industry showed double-digit growths in turnover. Turnover of industrial products in the logistics industry topped RMB29.8 billion, up 27.4% from the same period in 2006. They accounted for 88.1% of total turnover in the logistics sector, up from ...
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Exports of Chinese made mobile phone topped 131mn units
(Aug 02, 2007) China exported 130.98 million mobile phone handsets in the first five months of 2007, up 26.5 percent from the same period in 2006. The Ministry of Information Industry (MII) reveals that exports of domestic brand handsets topped 16.953 million units in the first half of 2007, showing a growth of ...
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Alumina output up 58.1% in first six months
(Aug 02, 2007) In the first six months of 2007, China's export of metal increased by 30.8% to US$13.66 billion. Base on information from Chinese metal industry association, the overall imports of metals and raw materials increased by 67.6% to US$29.33 billion in the first half of 2007. In alumina production, due to ...
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Jiangxi Xinyu City brings in US$80m by strategic alliance
(Aug 02, 2007) Jiangxi Xinyu City has begun to bring in foreign capital and form strategic alliance with international financial players. Jiangxi Jiangli New Material Co. is going to form a strategic alliance with Morgan Stanley and DT Capital Partners. The strategic alliance brings US$80 million of capital to Jiangli New Material which ...
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Suggestions to alleviate burden of processing trade
(Aug 01, 2007) Recently, the Chinese government has regulated its policy on processing trade industry, heightening the burden of Hong Kong enterprises to do business in the mainland China. The Greater Pearl River Delta Business Council therefore suggests the Hong Kong government that they should adjust the existing SME Loan Guarantee Scheme to ...
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Hong Kong speeds up logistics development along Western Corridor
(Jul 30, 2007) With the opening of Hong Kong-Shenzhen Western Corridor, the logistics, commerce and transportation of Hong Kong and Shenzhen are better connected. The Hong Kong-Shenzhen Western Corridor is the fourth cross-border channel between Hong Kong and Shenzhen. It is a 5.5 km dual three-lane and port of entry to Hong Kong ...
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Yanji investment fair promotes Sino-foreign trade in Jilin
(Jul 30, 2007) An investment fair will be held in Yanji in Jilin Province from 27th-29th August 2007. Different economic exchange activities will be organized. The investment fair has two hundred booths. Among them, half of the booths are for overseas corporations. At present, the organizer has collected one hundred investment projects from ...
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