China News Direct

 
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Chongqing Jiangbei Airport: It's time to build the second runway
(Dec 19, 2007) Chongqing Jiangbei International Airport officially becomes one of the top ten major airports in China when its passenger throughput topped 10 million person-times today. The airport is a major transportation window for Chongqing City which is witnessing exponential economic growths in recent years. With a passenger throughput of over 10 ...
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China Merchants Bank RMB10bn loan to support Lanzhou
(Dec 19, 2007) China Merchants Bank Lanzhou Branch will provide RMB10.4 billion loan to major enterprises in the province. The fund will be used to support infrastructure, transportation and power development. The Lanzhou branch of China Merchants Bank, together with support from Ningxia Office of Finance, has done research on major projects and ...
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Hefei provides agency services for external investments
(Dec 18, 2007) The city of Hefei's New Railway Station Comprehensive Development Experimental Zone will provide free agency services for external investment projects in Hefei. Specific institutions of the Zone and related government departments will handle all procedures of external investments in Hefei. Enterprises will only need to contact specific institutions to solve ...
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Electronic Road Pricing may be launched in 2016
(Dec 18, 2007) To alleviate air pollution problem at busy roads, Council for Sustainable Development released a consultation document showing that over 40% interviewees support levying Electronic Road Pricing. Government sources say Electronic Road Pricing will be launched after the Central-Wanchai Bypass is built. It symbolizes that Electronic Road Pricing may be launched ...
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Air New Zealand launches non-stop flights to Beijing
(Dec 18, 2007) Air New Zealand (ANZ) plans non-stop flights between Auckland and Beijing before the 2008 Olympic commencement. Air New Zealand says the flight inauguration will be on July 18, 2008, with two Boeing 777-200ER flights a week. Traveling time will be 14 hours from Auckland to Beijing and 13 and a ...
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Ningbo Zhoushan cargo throughput up 32%
(Dec 18, 2007) Ningbo Traffic Bureau statistics indicates in the first 11 months in 2007, the number of containers handled at the Ningbo Zhoushan Port reached 8.595 million TEU, up 32.1% over the corresponding period in 2006. For November 2007, Ningbo Zhoushan Port cargo throughput volume topped 42.33 million tonnes, which was 1.03 ...
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Kunming builds highway to connect to Na Noi
(Dec 18, 2007) The 244 km 6-lane highway connecting the city of Kunming in Yunnan province and Vietnam Na Noi will soon start construction and is expected to open in 2010. Traveling between the two places will be shortened from 3 days to 9 hours. Asian Development Bank (ADB) will extend a loan ...
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Shenzhen and US Evergreen form aircraft maintenance venture
(Dec 18, 2007) US freight carrier Evergreen International Airlines and the Shenzhen municipal government have reached consent to establish a joint aircraft maintenance venture at the Shenzhen Baoan International Airport. Evergreen had signed a cooperation memorandum with Shenzhen Airlines and Shenzhen Airport Company on Jan 29, 2007 to establish a joint aircraft maintenance ...
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China Travels and China Southern Airlines in cooperation
(Dec 18, 2007) China Travel Service (Holdings) Hong Kong Limited (CTS) signs a strategic cooperation agreement with China Southern Airlines. The agreement lets both parties build a long-term strategic cooperation partner relationship. They will develop close and wide-range cooperations in businesses like hotel, ticketing, air passenger transportation and logistics, as well as customer ...
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China M&A activity jumps in 2007
(Dec 18, 2007) International accounting firm PricewaterhouseCoopers' Mergers and Acquisitions department partner Xie Dao says that the China market (including Hong Kong and Macau) shows a drastic increase in mergers and acquisitions in the first 11 months of 2007. During the Jan to Nov period 2007, merger and acquisition activities increase 18% over ...
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