China News Direct

 
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Zhejiang Haiyan throws more project through Hangzhou Bay Bridge
(May 06, 2008) With the Hangzhou Bay Bridge opening on May 1, Haiyan County in the Province of Zhejiang will promote 94 investment projects worth RMB16.983 billion in 2008. The county will focus on investments in equipment manufacturing, electronic instruments, logistics, tourism and modern services. Investment invitation targets are foreign entrepreneurs, large domestic ...
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Hk-Zhuhai-Macau Bridge may give limited cargo growth
(May 06, 2008) A report delivered by a consultant expresses an opposite view from that of Hong Kong government, saying that the Hong Kong-Zhuhai-Macau Bridge would only give Hong Kong limited cargo growth. The report, Hong Kong Port Cargo Forecasts, forecasts that in the beginning of the bridge opening, only about 0.4% extra ...
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Shenzhen surpasses HK in container cargo volume
(May 06, 2008) The Hong Kong government has commissioned a consultant to look into the competitiveness of container terminals in the territory. It seems that Hong Kong needs to improve both cost and software advantage of terminals. The report, Port Cargo Volume Forecasts, points out that Hong Kong faces two disadvantages: high THC ...
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Experts name three ways to lift terminal competitiveness
(May 06, 2008) The Hong Kong government has commissioned a consultant to look into the competitiveness of container terminals. Comparing to neighboring ports, in the next 20 years, the consultant forecasts that Hong Kong may only see a 1.7% to 2.4% growth in container throughput. The consultant points out that the high Terminal ...
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Single-hull tankers not eoc-friendly, may be banned
(May 06, 2008) Single-hull oil tanker could be a threat to the marine ecology and could undermine all the hard work put into environment protection in Asia-Pacific. To avoid oil spills, the U.S. has amended laws to refuse entry of single-hull oil tankers starting 2010. Most oil tankers currently sailing the Persian Gulf ...
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Guangdong spends RMB47bn to improve water quality
(May 06, 2008) Quality drinking water will be available to Pearl River Delta residents from the Xin Feng Jiang Reservoir in the city of Heyuan in Guangdong province within three years. Heyuan mayor Liu Xiaohua says project investment is RMB47 billion and the water main network costs RMB3.5 billion. Municipalities obtaining their water ...
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Guigang Port builds new container terminal
(May 06, 2008) The river port of Guigang in the Guangxi Zhuang Autonomous Region of China carries out an expansion project to build a container terminal in phase two of the Luobo Bay Operation Zone. Guangxi Guigang AKR Container Port Company has spent RMB7.9 million on a set of container crane and another ...
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China marine production to reach RMB3,162 bn in 2010
(May 06, 2008) China's State Oceanic Administration (SOA) believes the gross production value of the marine or ocean industry will reach RMB3,162.07 billion in 2010. The country's marine industry is developing rapidly and will become a major pillar of the Chinese economy. The growth of a marine economy and expansion of its fleet ...
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ZTE & Huawei shift to emerging markets for growth
(May 06, 2008) Chinese electronics conglomerate ZTE and Huawei Technologies have shifted their focus to emerging markets amid slumping exports to Europe and the US. Chinese electronics exports to the US in the first two months of 2008 dropped 24% on year and by the end of January, eight Chinese cell phone manufacturers ...
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Datang Power RMB2.8bn builds coal power plant in Fujian
(May 06, 2008) Datang International Power Generation Co. Ltd plans to invest RMB2.8 billion to build a coal gangue comprehensive utility power plant in Fujian Yong An city. At present, it has completed a feasibility report and is preparing for early stage construction. The power plant may start construction of both the core ...
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