China News Direct

 
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Microblogs Conquer Chinese Hearts
(Nov 09, 2010) The microblog market in China is expected to grow to 65 million users by the end of 2010, according to Hu Qiheng, president of Internet Society of China, in the fourth U.S.-China Internet Industry Forum. Microblog allows users to post information and photos with their mobile phones, creating a fast, ...
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Qualified E-book Publishers Plan To Go Public
(Nov 06, 2010) General Administration of Press and Publication has qualified 21 enterprises for publishing e-books in China for the first time. The 21 enterprises include China Publishing Group Digital Media Co., Ltd., Hanvon Technology Co., Ltd., Shanda Interactive Entertainment Limited, Beijing Newsmy Ideal Digital Technology Co., Ltd., Aigo Digital Technology Co., Ltd., ...
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Zhejiang's Jiaxing Launches Debt Funds For SMEs
(Nov 05, 2010) The government of Nanhu District of Jiaxing City, Zhejiang Province is cooperating with China Development Bank and investment institutions to establish the first collective debt fund for small and medium enterprises (SMEs). The pioneering move, combining the effort of the government, financial institutions and enterprises, will raise RMB50 million in ...
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Chinese Service Outsourcing Aims High
(Nov 04, 2010) The outsourcing industry of China shows a bright future despite fewer orders are received from Europe and the U.S. after the financial crisis. The world's top 1,000 enterprises have set their business outsourcing plans, driving the global service outsourcing market to a scale of US$1.65-1.8 trillion in 2020. In 2009, ...
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China Takes Action To Boost Pre-School Education
(Nov 04, 2010) Just one day after Premier Wen Jiabao visited two kindergartens in Beijing on November 2 vowing to increase investment in the pre-school education, the State Council echoes him with specific measures, saying provision of pre-school education is a key part in improvement of people's livelihood. The State Council suggests increasing ...
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Delisted ChiNext Stocks May Go To Third Market
(Nov 04, 2010) As regulators are designing the delisting mechanism for stocks listed on the ChiNext board of the Shenzhen Stock Exchange, a source reveals a proposal which suggests allowing the delisted stocks to trade in the Agency Share Transfer System, or the third market, rather than terminating those stocks' trading at once. ...
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Yuan Trade, Investment Expanded
(Nov 04, 2010) While China continues to reform the Renminbi exchange rate mechanism, it would gradually allow more usage of Renminbi in trade settlement and investment in the several years to come, Zhou Xiaochuan, governor of People's Bank of China (PBOC), said. Giving a speech at the dinner celebrating the opening of the ...
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State Council Issues Notice On Occupational Hazard
(Nov 04, 2010) The Legislative Affairs Office of the State Council yesterday released a draft notice on prevention of occupational hazard, seeking public opinion. The move to invite public opinion aims to increase transparency in law drafting, and to lift the quality of legislation in the end. The draft notice focuses on ascertaining ...
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Wen Vows To Solve Pre-School Education Shortage
(Nov 03, 2010) The government should invest more resources to solve the shortage of pre-school education, Premier Wen Jiabao said during a visit to two kindergartens in Beijing. While the government should assume a leading role in developing and providing pre-school education, for example through legislation and allocation of land for kindergartens, private ...
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Hefei Hi-Tech Fair Sealed RMB63Bn Projects
(Nov 03, 2010) The Ninth China (Hefei) High-Tech Fair has seen the signing of 154 projects with total credit and investment of RMB63 billion. The signed projects consist of 72 innovation financing project requiring RMB20.7 billion credit, and 82 matchmaking projects attracting RMB43.77 billion capital. Strategic emerging industries, such as electronic information, new ...
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