China News Direct

 
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Beijing and Tianjin in tune with speed and efficiency
(Mar 08, 2016) BEIJING - The municipal of Beijing will build more railways and subways, better roads and eco-friendly transports, to keep inter-city commuting to less than an hour, the latest effort to integrate development with Tianjin and Hebei province. The municipal government of Beijing rolled out a draft plan to seek public opinion about its ...
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Yunnan first to link to ASEAN
(Mar 24, 2016) KUNMING, Yunnan - The province of Yunnan will complete RMB500 billion of investments in transport infrastructure over the next five years to promote economic development with ASEAN. The provincial government plans to build a network of highways and waterways of 250,000 kilometers by 2020, investing RMB500 billion in the work. In its plan, RMB380 billion will be invested in ...
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Shanghai powers up for Yangtze River Delta
(May 09, 2016) SHANGHAI - Shanghai will be building wind power plants of 200,000 kw in these two years, powering up to meet demands in the Yangtze River economic belt. Shanghai Municipal Development and Reform Commission announced that the six wind power plants in Shanghai's Laogang Phase III development will be starting construction in 2016-2017. Wind power will keep the ...
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COFCO opens food terminal in Ukraine
(May 23, 2016) BEIJING - COFCO Agriculture has put its DSSC cargo terminal in Ukraine into commercial operation, beefing up the logistics of food trade between China and Europe. Whether by sea or by rail, food trade westbound from China to Europe will take a new form when railways and more cargo transit terminals are established along the way. DSSC Terminal, invested US$75 million ...
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East-bound ore trade spells opportunity for Dalian
(Sep 09, 2016) DALIAN, Liaoning - Dalian Port Ore Terminal in Dalian city, Liaoning province just handled another 400,000-ton iron ore vessel sailing from Brazil, ready to go full force in developing tax-bonded iron ore logistics business. Dalian Port Ore Terminal broke its record this September when it completed loading 78,000 tons of iron ore in just ...
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Cities take initiatives in recycling wastes
(Sep 12, 2016) DALIAN, Liaoning - The city government of Dalian, Liaoning announces that restaurants in Dalian will be collected kitchen wastes for recycling, at about the same time when Shanghai also said it would stop shipping construction wastes out - the latest moves by big cities to make the world a better place. The municipal government of Dalian issued a ...
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Time to stand up for Chinese companies
(Jan 14, 2015) KUNMING, Yunnan - Chinese companies will have a choice in sourcing ultra-thin aluminum foil used in the manufacturing of high-end devices after Yunnan Haoxin Aluminum Foil Co. Ltd. produced its first ultra-thin aluminum foil last August, cutting reliance on overseas supplies. Haoxin Aluminum Foil, based in Yunnan province, is a sino-US joint venture of Alcoa. ...
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China unveils monetary strategy that catches two birds
(Feb 06, 2015) BEIJING - Economists say China has done something not seen before in gearing the economy when taking 50 basis points off all banks' required reserve ratio, it allows some banks additional cuts, effectively increasing money supplies and pushing the costs of lending down. China has made a timely move to lower the required reserve ...
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China pumps up crude oil reserve
(Mar 01, 2015) YANTAI, Shandong - A 300,000-ton crude oil terminal construction project was approved in early February, being the second move China made this year to beef up crude oil reserve, national and commercial. National Development & Reform Commission (NDRC) issued a guideline on 9 February to encourage commercial oil refineries to build crude oil reserve. On the same day, it approved the ...
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Waste treatment investments enabled by enhanced rule
(Mar 26, 2015) SHANGHAI - Local governments across China are asked to stiffen charging sewage discharge fees on a "user-pay" principle, collecting and budgeting money for waste treatment and infrastructure construction. The Ministry of Finance (MOF), National Development and Reform Commission (NDRC) and the Ministry of Housing and Urban-Rural Development ...
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