China News Direct

 
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China Plans RMB2.8Tn Railway Investment
(Jun 15, 2011) The Ministry of Railway will not slow down or scale down investment in the next five years, planning to invest a total of RMB2.8 trillion in building railways in China. The Ministry aims to build 30,000km of new railway during the next five years, bringing the total length of railway ...
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China CNR Sells Trucks to France
(Jun 14, 2011) Chinese-made railway trucks were exported to advanced European countries for the first time, done by China CNR Jinan Rail Transport Equipment LLC which has signed a contract with ATIR Rail of France to sell 20 ammonia and 20 LPG trucks. The sale to France has a symbolic meaning to the ...
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Airlines, Railways Work Harder for Beijing-Shanghai Customers
(Jun 14, 2011) Airline companies in China are beginning to make changes in preparation for the debut of Beijing-Shanghai High-speed Railway on June 28, possibly cutting air fare and adjusting redundant routes. The Beijing-Shanghai route is a "golden route" for airline companies which easily generate profit of RMB900 million a year and giving ...
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China's Leisure Industry Out of Wealth and Lifestyle
(Jun 13, 2011) Wealth accumulation and new lifestyle concept will give the Chinese leisure and leisure-related industries stellar growth in the future. The Chinese Academy of Social Sciences (CASS) issued the "Leisure Green Book 2011" on May 10, showing that the leisure industry in China will be supported by the country's increasing wealth, ...
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Beijing-Shanghai High-speed Rail Ticket Prices Vary
(Jun 13, 2011) The Beijing-Shanghai High-speed Railway, scheduled to start commercial operation in late June, has its ticket prices unveiled, ranking from RMB1,750 to as low as RMB410 each. The Ministry of Railway announced today the ticket prices of Beijing-Shanghai High-speed Railway. The one traveling at 300km per hour will charge higher prices, ...
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Individual Traveling To Taiwan Starts This June
(Jun 13, 2011) Mainland Chinese in Beijing, Shanghai and Xiamen, Fujian Province will be the first group of mainlanders allowed to visit Taiwan on an individual traveling base. The approval will start on June 28, 2011 when Chinese people from these first-tier cities and Xiamen, just across the Taiwan Strait, will be allowed ...
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Shandong's Rizhao Cargo Throughput up 17.65%
(Jun 10, 2011) Rizhao Port, Shandong Province handled cargo of 100.69 million tons from January to May 22, showing a growth of 17.65% over a year ago. The port is now a multi-purpose port that is connected by highways, railways and other vessels. From January to May 22, Rizhao had handled 56.07 million ...
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State Council Cuts Costs for Logistics Industry
(Jun 09, 2011) Highway toll and tax will be cut and favourable land use policies will be provided for logistics companies that need nutrition to grow, a regular meeting of the State Council of China concluded. The meeting called for making better policies and measures to support the healthy development of the logistics ...
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China Postal Express Logistics Plans to Go Public
(Jun 03, 2011) China Postal Express Logistics Shareholding Co. Ltd. (Postal Express) is preparing for a public listing in China, becoming the first Chinese postal express group to go public and compete with international rivalries such as Federal Express and DHL. Postal Express is seeking environmental assessment approvals before it is officially given ...
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Drought and Power Shortage Test Chinese Industries
(Jun 01, 2011) The drought that is plaguing the midstream and downstream Yangtze River is putting a brake on many commercial and industrial activities as water levels of major navigation channels are dropping and factories thirsty for electricity are mulling over a complete or partial suspension of operation. The one-in-50-year drought this summer ...
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