China News Direct

 
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Guangdong Yangxi plans coastal industrial development
(Apr 10, 2008) Celebrating 20 years of county-hood, the Yangxi county in Guangdong province is transforming itself into a bustling coastal economic zone where accommodating industrial relocations from the Pearl Delta and energy production will be its future development directions. The county will build a 50 square km coastal industrial park next to ...
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China short of 300 mn tons coal for power generation
(Apr 10, 2008) State Electricity Regulatory Commission (SERC) forecasts China will need over 1.4 billion tons of coal for power generation in 2008 indicating the country is short of 250-300 million tons of coal. Zou Yiqiao, Director of the Price and Financial Supervision Department of SERC, states that closing of small coal pits ...
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Jilin promotes 315 investment projects in HK
(Apr 10, 2008) The province of Jilin is promoting 315 investment projects at the 2008 Hong Kong-Jilin Business Partnership Forum held on 9 April. The investment projects cover auto parts, fine chemicals, produce processing, bio-pharmaceutical, opto-electronics, urban infrastructure, modern logistics and tourism. The Jilin Provincial People's Government has signed a cooperation agreement on ...
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Yunnan government signed agreements with Hong Kong firms
(Apr 10, 2008) Three Hong Kong enterprises signed strategic cooperation framework agreements with the provincial government of Yunnan. The China Resources Power Group signed an agreement on energy exploitation, property development in downtown Kunming and New Kunming, as well as Chinese herbal medicine development, the China Travel Group signed an agreement on tourism ...
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French alloy producer Eramet opens plant in Tianjin
(Apr 10, 2008) Eramet, a French producer of high-performance special steels, alloys and non-ferrous metals, has set up a US$15 million production plant in the Tianjin Economic-Technological Development Zone. The French Eramet Alloy Material (Tianjin) Company will mainly produce alloys for high-performance tools and parts like advanced cutting tools, diesel injection system and ...
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EcoGreen Fine Chemicals plans RMB230 mn expansion
(Apr 10, 2008) EcoGreen Fine Chemicals Group Limited, a Hong Kong-listed company specializing in research and development, production and sale of fine chemicals products in China, will have capital expenditure of RMB230 million in 2008 for further development. Executive Director Lu Jiahua says the company will allocate RMB120 million to construct its production ...
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CLP to produce gas-based and renewable energy
(Apr 10, 2008) China Light and Power (CLP) Holdings hopes the share of gas-fired power generation will rise to 50% of its total and it will focus on renewable energy development in the next few years. CEO Andrew Brandler says the power conglomerate believes renewable energy and nuclear energy will represent 20% of ...
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Cheung Kong Infrastructure builds RMB1.85 b aniline plant in Jilin
(Apr 10, 2008) Cheung Kong Infrastructure Holdings (CKI), a subsidiary of Hong Kong conglomerate Cheung Kong (Holdings) Limited, will build a 300,000-ton aniline plant in the province of Jilin. CKI signed a project agreement with Jilin Connell Pharmaceutical Company on 9 April. Project investment totaled RMB1.85 billion and CKI will hold a 40%-50% ...
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China Comm Construction enlarges investment
(Apr 10, 2008) China Communications Construction chairman Zhou Ji Chang says the company will increase investment in property development while its investment arm will focus on shareholdings and resource investment to raise profit. But Zhou stresses that property and resource investment will only play a secondary role and will not be its major ...
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China Coal expects coal price to hover at high level
(Apr 10, 2008) China Coal Energy Company expects coal prices in China will continue to hover at high levels in 2008, as major coal importing countries in Asia Pacific will import more while inadequate Australian infrastructure limits export and Indonesia and Vietnam are cutting exports of the fossil fuel. Coal supply is expected ...
Price: USD $17.50