China News Direct

 
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Hunan to gain RMB85.4bn tourism income in 2008
(Feb 16, 2008) Hunan province will aim at welcoming 123 million person-times of domestic visitors in 2008, rising by 14.24% as compared with 2007. The total tourism income is also expected to grow by 16.5% to RMB85.4 billion. In 2007, the domestic visitor flow of Hunan province reached 107.76 million person-times which rose ...
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Fruit juice exports become a big deal in Shanxi
(Feb 15, 2008) The Shanxi province Houma Entry-Exit Inspection and Quarantine Bureau has inspected 1,543 batches of exporting fruit juice in 2007, up 105.5% from 2006. By weight, it surged 83.1% to 196,300 tonnes at a value of US$225 million, up 145.4%. Shanxi Yuncheng city has become one of the most important fruit ...
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Chengdu catering industry sales up 20%
(Feb 15, 2008) The city of Chengdu saw rapid developments in its catering industry in 2007 and recorded a 19.5% increase in accommodation and catering sales on year to RMB25.09 billion, which accounted for 18.4% of total consumer goods retails. During the weeks of lunar new year, 5.1 Labour's Day, and National Day, ...
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Rational consumption gives rise to new gift style in Shanghai
(Feb 15, 2008) The environment protection fad put a drag on consumption of chocolate, candlelight dinner and flowers on Valentine's Day in Shanghai. Aware of the waste on gift wraps, local consumers choose to celebrate in an environment-friendly way. Increasing number of Shanghai consumers replace flowers and cards with fruits and plants, says ...
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Sun Hung Kai malls see good sales on Valentine's Day
(Feb 15, 2008) Sun Hung Kai Properties Rental Services Manager Fung Shou-yim says retails are good during the lunar new year holidays and Valentine's Day this year. Their eleven commercial arcades recorded a total visitor volume of 1,480,000 and sales revenue exceeded HK$28,000,000 on 13th and 14th of February. Both had a 13% ...
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Hang Fung Gold opens 100 stores in China each year
(Feb 15, 2008) Hong Kong's Hang Fung Gold Technology Limited plans to open 100 new stores each year in China to further expand in the Chinese market. Wu Yingkeung, Financial Controller of Hang Fung Gold, says the company's lunar new year turnover in China, by 12th February 2008, doubled as compared with a ...
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Winter clothing hot sale in a cold spell
(Feb 14, 2008) A spell of cold weather in Hong Kong gives winter fashion retailers good sales and has deferred the launch of spring fashion at the same time. U-Right corporate communication officer Lui Yung-Fai says the company narrows the discount given to thick clothes from 30-40% in the past to 10-20% this ...
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More people buy a business in a good economy
(Feb 14, 2008) Sales revenue of agencies selling business for business owners see exponential growth in 2007 as more people set up or buy into a business. Among all kinds of business for sale, those in the catering and education industry are the most popular. Business sales agent Hong Kong Business Intermediary Co. ...
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Gold sale topped RMB1bn over lunar new year
(Feb 14, 2008) Gold accessories and products experienced active sales in China during a 40-day period around the lunar new year from mid-January to mid-February 2008. The sales revenue of Caibai Jewelry, a large domestic gold retailer, for the 40-day period exceeded RMB1 billion, leveling the whole-year sales of 2005. Rising gold prices ...
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Economic measures on grain keeps CPI down
(Feb 14, 2008) State Information Center (SIC) believes China's macro-economic policies should target the grain sector in order to prevent consumer price index (CPI) from going upward in 2008. High grain prices and rising costs of energy, raw materials, land and labour will continue to push up CPI this year. SIC urges China ...
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