China News Direct

 
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China to upgrade food safety standard to international level
(Jun 20, 2007) According to the spokesperson of General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China, it is expected that food safety standard in China will be internationalized before the end of 2008. To improve overall food standard and solve problems caused by the difference between the ...
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Haisheng Juice adds peach, strawberry and carrot to its juice list
(Jun 20, 2007) China Heisheng Juice will work with a Japanese company to develop new production line in Dalian within 2007. The alliance aims to diversify business risks. You Yong, vice general manager of China Haisheng Juice Holdings Co., Ltd. (Haisheng Juice), told reporters that the company will add new products to diversify ...
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Temasek to raise equity stake in Citic Resources
(Jun 20, 2007) Citic Resources Holdings Limited announced that the company has entered into a subscription agreement with Ellington, a subsidiary of Temasek on 15 June 2007. After the subscription, Temasek will become the second single largest shareholder of Citic Resources. Abided by the agreement, Ellington subscribes 101 million new shares at a ...
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Hong Kong can support Spain's demand for high-end clothing
(Jun 18, 2007) Hong Kong enterprises should expand to the wedding and special occasion clothing market in Spain with quality design and craftsmanship. Clothing for wedding and special occasion has taken up 10% of Spain's textile production with annual turnover of HK$14.34 billion. Spain's aging population have strong consumption power and demand for ...
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Hong Kong's textile export to Spain on the rise
(Jun 18, 2007) Hong Kong's export to Spain in the first four months of 2007 reached HK$1.136 billion, up by 6.5% from the same period last year. Spanish import of textiles totaled HK$143.2 billion in 2006, representing an increase of 17.3%. Clothing accounted for HK$99.44 billion. China was a major textile exporter to ...
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National Jasmine Trade Fair to be held in Guangxi in August
(Jun 18, 2007) The Heng County in Guangxi is going to host the Fifth Jasmine Tea Trade Fair in early August of 2007. The Fifth Jasmine Tea Trade Fair will be held in Heng County in Guangxi in early August 2007. This year's fair will feature the establishment of a Guangxi jasmine tea ...
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Parknship sets target to save 29mn plastic bags
(Jun 18, 2007) It has been reported that a major chain supermarket in Hong Kong, Parknshop, has signed a "voluntary agreement on plastic bag reduction" with the Hong Kong government. The company promises to reduce its plastic bag consumption by 29% or 29 million units in the coming year. Parknshop agrees with the ...
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Shui On Land promotes modern living in Chongqing Land
(Jun 18, 2007) Shui On Land is going to start a new investment "Chongqing Land" that replicates the success of its Chongqing Xintiandi. Chongqing Land is Shui On's new investment in Chongqing. The company hopes the project will become a spot of tourism and leisure in the city. It aims to provide a ...
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Foreign banks may excel in gold trading business
(Jun 18, 2007) Earlier, the People's Bank of China (PBOC) has granted five foreign banks approval to become members of the SGE. It is estimated that these banks will pose a force of competition to domestic banks when the gold market further liberalizes. Market news predicts that the Chinese authority will gradually grant ...
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Banks ready to start personal gold business in late June
(Jun 18, 2007) The Shanghai Gold Exchange (SGE) is planning to expand the individual gold transaction service. Personal or individual gold transaction may extend to the entire country and cover commercial banks as well. In its first move, SGE is planning to expand the individual gold transaction of the Industrial and Commercial Bank ...
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