China News Direct

 
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Tianjin's Dongjiang dominates big-ticket financial leasing
(Jul 29, 2017) TIANJIN - Tianjin's Dongjiang Free Trade Port (FTZ) Zone continues to dominate China's financial leasing of heavy equipment such as aircraft and vessels, announcing stellar growth in business despite challenges. Dongjiang Bonded Port Area saw 170 new financial leasing companies formed in the first half of 2017. These ...
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PPP shows great leaps in value
(Aug 04, 2017) SHANGHAI - China has pooled over RMB16 trillion of investments in public-private partnership (PPP) nationwide, covering projects in over 30 cities, provinces and autonomous regions. National Development and Reform Commission (NDRC) is calling for increased supervision of PPPs now that China has over 13,000 PPP projects on hand. How to make these projects flow smoothly with market ...
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Sany overcomes hurdles in fighting metal fire
(Sep 19, 2017) CHANGSHA, Hunan - Sany Heavy Industry has made debut a dry-powder fire fighting engine designed to put down metal-induced fire, the first such product in China. Sany developed the fire fighting engine jointly with Jiangsu Provincial Public Security Fire Brigade. At its factory in Changsha Industry Park, Changsha, Hunan province, the 38 meter ...
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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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Taking graphene from laboratories to factories
(Jan 18, 2016) BEIJING - State-owned Aviation Industry Corporation of China (AVIC) announced in early January to let young colleagues lead and form teams for innovation. They will research graphene. Graphene as a revolutionary material has been applied to various industries, which is not new. Nevertheless, the application of graphene and its commercial value ...
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China likely to keep urbanizing
(Jan 25, 2016) BEIJING - An urbanized economy will release the potential of domestic demand in China, meaning the spending or consumption by rural people will be the next stage of growth. A regular meeting of the State Council held on 22 January, chaired by Premier Li Keqiang, revealed China's next move to speed urbanization. Urbanization, in the eyes of Premier Li, is not just about land or ...
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China, North America trade ever closer
(Feb 22, 2016) RIZHAO, Shandong - Rizhao Port Group, Sunrise Group of Shandong and Columbia Grain Trading Inc of the U.S. will be shipping 6-10 million tons of soybean from Portland, Washington to Rizhao, Shandong, forging bulk commodities and closer trade ties between China and North America. The maiden voyage of soybean trade set sail last week after Rizhao Bulk Commodity ...
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Dalian Locomotive and partners eye railway projects
(Mar 21, 2016) DALIAN, Liaoning - A pack of nine Chinese companies led by Dalian-based Cimmuk Group signed a subway construction and equipment manufacturing project for the city of Nagpur in Maharashtra, India, contracting work of US$1.5 billion. The subway construction project is a group project among Chinese companies. Each of them will apply its own ...
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Beijing Enterprises will help build Guangxi's future
(Mar 04, 2016) BEIJING - Beijing Enterprises Group Co. Ltd. sealed a deal with the regional government of Guangxi Autonomous Region to jointly develop infrastructure in Guangxi. Guangxi has a list of major projects worth as much as RMB500 billion to be completed this year. Beijing Enterprises Group, on the other hand, has substantial financial strength ...
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China Southern Power Grid to build more rural power lines
(Mar 18, 2016) GUANGZHOU, Guangdong - China Southern Power Grid Co. Ltd. will invest RMB28 billion in these two years to upgrade power networks in key villages and rural areas. Without adequate supply of electricity, spending by villagers or even e-commerce may not be optimized. Even farming will be affected. In the next two years, China ...
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