China News Direct

 
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Lianyungang builds new port with five port areas
(Mar 17, 2008) China's Ministry of Transport and Jiangsu Provincial People's Government jointly approve, on 16 March 2008, the city of Lianyungang to build a new port. The city of Lianyungang will divide the Lianyungang Port into five port areas of Lianyun, Ganyu, Xuwei, Qiansan Island and Guanhe to occupy a combined coastline ...
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US subprime drags on China's Jan and Feb container exports
(Mar 17, 2008) China's container exports at major ports grew at a slower pace in January and February due to an economic slowdown in the US. The two-month container volume of Shanghai Port rose 9.2% on-year to 4.21 million TEU, a major drop from the 33% growth recorded in '07. It was the ...
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Fuel costs account for 40% of aviation industry spending
(Mar 17, 2008) Chinese People's Political Consultative Conference member Li Jia Xiang says recent oil price hikes have eroded aviation industry profit seriously and fuel costs already account for 40% of total costs. He says fuel cost hikes cut profit margins and the general global practice is to raise fuel surcharges. He says ...
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Taiyuan Heavy Industry receives Europe qualification
(Mar 15, 2008) Taiyuan Heavy Industry Co. Ltd recently receives certificate award on wheel, axle, wheel set from Europe. It becomes the first company receiving this qualification outside Europe. The company is qualified to export and sell railway wheel, axle, wheel set to any other countries in the world. The company is the ...
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Shen Hua Group builds logistics port in Baotou
(Mar 15, 2008) Baotou National Rare-Earth Hi-Tech Industrial Development Zone and Shen Hua Group Goods and Materials Company sign an agreement to build a logistics port in Baotou, Inner Mongolia. The Baotou Shen Hua Logistic Port (Collecting and Distributing Center) involves an investment of RMB2 billion. The port will be constructed in two ...
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Kunming to boost competitiveness through different measures
(Mar 15, 2008) The city of Kunming in Yunnan province will launch a series of measures to boost overall competitiveness within the next five years. Zhang Zulin, member of the National People's Congress (NPC) and the mayor of Kunming, says the city will aim at solving the traffic congestion problem in the coming ...
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Hongqiao to be Shanghai's railway hub
(Mar 15, 2008) Construction of the Hongqiao Station of the Beijing-Shanghai High-speed Railway is scheduled to start within 2008, it will be the third railway station in Shanghai. The Hongqiao Station will be a passenger station of the three rail lines of Beijing-Shanghai High-speed, Shanghai-Nanjing Inter-city rapid transit and Shanghai-Hangzhou Railway, daily passenger ...
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Liantang-Yantian Highway to open in July
(Mar 15, 2008) The Bureau of Communications of the Shenzhen Municipality expects the Liantang-Yantian Highway to start operation at the end of July. Shenzhen has finished the tunnels constructions of the highway in late February. The lower and upper parts of the major span of the bridge are also 98% and 77% finished ...
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Gulfstream Aerospace eyes China and India
(Mar 15, 2008) The US aircraft manufacturer Gulfstream Aerospace Corporation targets at emerging markets such as China and India among its international market. Gulfstream introduces its G650 business jet, which is the world's fastest civil aircraft, in March 2008. The G650 jet has the top operating speed of 0.925 Mach and can reach ...
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Sharp enters Chinese cell phone market before Olympics
(Mar 15, 2008) Japanese electronics firm Sharp Corporation plans to enter the Chinese cell phone market ahead of the Beijing Olympics. Sharp competitor Kyocera, also of Japan, has withdrawn from the Chinese cell phone market in March in face of low-price cell phones launched by Nokia and Mototrola. Sharp spokesman Miyuki Nakayama says ...
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