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Bank of China writes Yunnan's first coffee futures
(Sep 29, 2017) KUNMING, Yunnan - Bank of China (Yunnan) did the first derivative contract for a coffee merchant in Yunnan province, writing Yunnan's first coffee futures at Intercontinental Exchange Inc. in New York, USA. Coffee, which has grown in importance in world trade, is also a newly enriching opportunity for many companies in Yunnan. To help local coffee ...
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Banks bring more investments to Wuhan, Hubei
(Aug 11, 2017) WUHAN, Hubei - Wuhan Bureau for Commerce signed strategic cooperation agreements with 24 banks including HSBC (Wuhan), Hankou Bank, and Guangfa Bank (Wuhan), aiming to bring more investments to the city. These banks, within its branches in and out of China, will help organize and pull trade and investments for Wuhan, Hubei province. Companies in Wuhan ...
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When there is railway, there is investment
(Jan 12, 2016) BEIJING - China's National Development and Reform Commission (NDRC) announced a batch of eight railway construction projects for private investment or public-private partnership. Private companies are encouraged to participate in financing, constructing and operating railways whether they fund their railway investments all by themselves or they form joint ...
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China unlocks value from supply side
(Mar 08, 2016) BEIJING - China's Premier Li Keqiang called for deepening structural reform over the next few years, and the focus will be on the supply side which will be given a bigger role in gearing the economy. The Fourth Session of the 12th NPC and CPPCC held in Beijing from 5 March had Premier Li delivered a view on China's latest economic development. In gearing China through the ...
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Services draw foreign investments to China
(Mar 10, 2016) DALIAN, Liaoning - The 22 newly established foreign-invested companies in Dalian, Liaoning province this January invested mostly in the city's services as services have climbed to claim a big slice of China's development. China has drawn in more foreign direct investments (FDI) when her economy is outward leaning. Many industries are opened wider doors to ...
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Yunnan first to link to ASEAN
(Mar 24, 2016) KUNMING, Yunnan - The province of Yunnan will complete RMB500 billion of investments in transport infrastructure over the next five years to promote economic development with ASEAN. The provincial government plans to build a network of highways and waterways of 250,000 kilometers by 2020, investing RMB500 billion in the work. In its plan, RMB380 billion will be invested in ...
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Anhui's industry parks draw capitals like magnet
(May 26, 2016) HEFEI, Anhui - Shenzhen International Holdings Limited invested RMB1 billion in building a comprehensive logistics park in Hefei city, Anhui province for cross-border trade, logistics and modern services. Industry parks or economic development zones are sprouting in Hefei, the capital city of Anhui province, drawing capitals like ...
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Shanghai tries to win gold and diamond trades
(May 12, 2016) SHANGHAI - Gold sold as an investment doubled in volume in the first quarter this year although demands for gold in China and India, the world's biggest gold consumers, dipped a bit in a slow economy. Shanghai Gold Exchange launched the world's first gold index priced in Renminbi (RMB) this April. The issuance of a RMB-denominated gold ...
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China keeps hope above challenge in economics
(Jun 27, 2016) TIANJIN - China is able to overcome obstacles and keep hope above challenges in gearing the economy, said Premier Li Keqiang who spoke at the opening of the World Economic Forum held yesterday in Tianjin, China. Let hope shine amid global economic turbulence. Premier Li reiterated the government's stance in achieving this year's economic ...
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Qingdao makes big moves to relax financial leasing
(Feb 24, 2016) QINGDAO, Shandong - Commercial factoring companies in Qingdao, Shandong province may follow the business models adopted by Shanghai FTZ, strengthening their own financial leasing and factoring businesses. The city of Qingdao is eager to boost financial leasing and commercial factoring involving foreign companies. Qingdao as a seaport in ...
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