China News Direct

 
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Family doctors become bases in public hospital reform
(Mar 09, 2015) SHANGHAI - People in Shanghai are asked to see their family doctors first and go to public hospitals later, a part of the reform adopted by the Shanghai municipal government in managing public healthcare services. Ever since the State Council issued the No.7 (State) Document 2015 on 9 February, the wheel of change has been rolled. ...
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Hisun Pharma to mass produce plant plastics
(Mar 26, 2015) TAIZHOU, Zhejiang - Hisun Pharmaceutical and Changchun Institute of Applied Chemistry of Chinese Academy of Sciences (CAS) of Jilin province have started their joint venture to bring plant plastics to commercial production, producing 50,000 tons of polylactic acid a year. Hisun Biomaterials Co. Ltd., a subsidiary of Shanghai-listed Hisun Pharmaceutical acid ...
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Industrial profits dipped 4.2% in Jan-Feb '15
(Mar 31, 2015) BEIJING - Industrial profits dropped 4.2% on average in the first two months of the year, and those in state-owned companies and the mining business dropped the most, according to National Bureau of Statistics (NBS) of China. Key industrial companies in China made RMB745 billion in profit in the first two months of 2015, sliding 4.2% over a year ...
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China beefs up fundamental research for the future
(Mar 27, 2015) BEIJING - China will beef up four scopes of fundamental research in order to promote the development of future-looking technologies, a message sent from Xiangshan Science Conferences held in Beijing. Fundamental research is a source of new technologies and a cradle of high-end industries, according to Wan Gang, Minister of Science & ...
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Internet retail sales did not set back
(Jul 15, 2015) BEIJING - Retail sales of consumer goods jumped 10.4% in China in the first half of the year, but internet-driven retailing posted a 40% growth, sharing a tenth of China's retail spending. A State Council-supervised report reveals that internet consumption, including retailing, will be heavily promoted under China's "Internet plus" policy. Retail sales of ...
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Herbal medicine industry on the way up in Yunnan
(Jul 09, 2015) KUNMING, Yunnan - A trial program to modernize the production of Chinese herbal medicine, vaccine and biomedicine will be established in Kunming, Yunnan province this year, blending Yunnan's abundant resources with healthcare services. Modernized Chinese medicine, vaccine and biomedicine will be Kunming's strategic industries, supported by the ...
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Vision behind the invisible hand
(Aug 17, 2015) BEIJING - Conditions are ripe for China to institute a market-driven Renminbi (RMB) exchange rate mechanism, according to the People's Bank of China (PBOC) which announced on 11 August to let market makers set the benchmark rate of the RMB based on previous day's close rate, moving closer to let the RMB mirror market situations. The market seems to wake up to the fact that the RMB ...
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China sees emergency business to climb to new high
(Oct 10, 2015) BEIJING - Disaster prevention and emergency rescue will be the next big business in China, according to an urgent call made by the State Council to set industry guidelines as soon as possible. China consumes more than a trillion yuan of disaster and emergency prevention and rescuing products and services, a situation noted by the State ...
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Trade set to gain big between China and Korea
(Nov 03, 2015) QINGDAO, Shandong - A hundred Korean companies signed nearly US$200 million of contracts with Chinese and Japanese companies during the Korea, China and Japan Business Matching Fair held in Seoul, Korea on 1 November, according to KOTRA. Numerous Chinese, Japanese and Korean joint business contracts are on their ways after China and Korea signed Free ...
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Chongqing Medicine brings world medicine to inland China
(Oct 23, 2014) CHONGQING - Nearly 2,000 shops in Chongqing, Sichuan, and Guizhou province in inland China will be participating in online-plus-offline retail sales of medicine, making sure medicine and health products made and sourced overseas are available to local people. Coordinated by Chongqing Foreign Trade and Economic Commission, ...
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