China News Direct

 
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Chinese Tire Export Down 20.1% Amid Punitive Tariff
(Sep 17, 2010) China's export of tire to the U.S. dropped 20.1% in the first half of 2010 after the U.S. charges a 35% surcharged tariff on Chinese-made tires. Speaking at the Second Qingdao Natural Rubber International Forum held on September 17 in Qingdao, Fan Ren-de, chairman of China Rubber Industry Association, said ...
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Shanghai Opens Design And Trade Promotion Center
(Sep 17, 2010) Shanghai International Design and Trade Promotion Center officially opens in Yangpu District, Shanghai yesterday, serving SMEs in the export business of textile household products, fashion, luggage and leather ware, watch and jewelry. The center hopes to get more Shanghainese companies, mostly service-based and exporting SMEs, into the international market, especially ...
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Dalian Household Tissue Paper Price Climbs On Higher Costs
(Sep 16, 2010) The price of toilet tissue paper, including that of Vinda and several well-known brands, has risen by 10% in Dalian City, Liaoning province, after the price of pulp has climbed. The price surge at home is led by the one on the international market which has gone up quickly, adding ...
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Japanese Groups Build Robot R&D Base In Hubei
(Sep 14, 2010) Kuni-Stars and Star Seiki of Japan will jointly build a base for research and production of industrial robots, automated fixtures, fine plastic molds and fine injection molding at Xiangfan Hi-tech Development Zone in Xiangfan City, Hubei Province. The research base requires RMB1 billion of capital and it will be built ...
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Minth Group Bases Research And Production In Wuhan
(Sep 14, 2010) Vehicle parts giant MINTH Group is planning to build a vehicle parts research and production base in Dongxihu District of Wuhan City, Hubei Province. The production base, costing US$80 million and taking probably six years of construction, will produce key vehicle parts, exterior decoration parts and car molds with an ...
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Grand China Electric Vehicles Builds Biggest Base In Wuhan
(Sep 14, 2010) Grand China Electric Vehicles Co., Ltd. will build probably China's largest electric vehicle production base in Hanan District of Wuhan City, Hubei Province. The electric vehicle manufacturer will invest RMB3 billion in the project, building a base on a site of 500 mu (1 mu = 1/6 acre) of land. ...
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Shenzhen BTR Produces Largest Lithium Ion Batteries
(Sep 14, 2010) Shenzhen BTR New Energy Materials Inc. has replaced Hitachi Chemical as the top lithium ion batteries manufacturer in the world. In the first half of the year, the sales revenue of Shenzhen BTR New Energy Material grew 40% year-on-year and its profit jumped 70% year-on-year. The shipment volume of Shenzhen ...
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Suning To Open 400 Stores, Breaks Record
(Sep 14, 2010) Suning Appliance is going to open 150 new stores and reopen 180 expanded stores over the next three months, breaking its own record. Suning expects to open 400-odd stores this year, which is also a record-setting move in its history. In Shanghai, Suning has three new stores opening after expansion. ...
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Equipment Loan First Available In Wuhan
(Sep 13, 2010) Hubei Tri-Ring Group Co. and Shenyang Metal Tool Co., Ltd. have jointly opened a 4S store that facilitates equipment loan, the first of its kind in central China. Bank of Communications (Hubei), China Merchant Bank (Wuhan), Hankou Bank, Hubei Medium Enterprise Investment Guarantee, and Wuhan Credit Risk Management will jointly ...
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Wuhan Makes The World's Top Laser Monitors
(Sep 13, 2010) Wuhan Splendid Optronics Technology Co., Ltd. (WSOT), coupling with Beijing Phoebus Vision, has developed and produced the first 71-inch full high-definition LCOS laser monitor which is one of the most advanced in the world. WSOT has set up five production lines for the production of 71-inch LCOS monitors. It plans ...
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