China News Direct

 
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Zhuhai's Gaolan steps up transportation and port investments
(Jun 25, 2007) The Zhuhai government is building its Gaolan Port into a coastal economic zone that can compete directly with Shenzhen and Guangzhou. It has a number of major infrastructure and power projects that give it an upper hand in industry development. Zhuhai's Gaolan Port has a coastline of 68 kilometers, which ...
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HK-Zhuhai-Macau Bridge connects Zhuhai with foreign capital
(Jun 25, 2007) The planned Hong Kong-Zhuhai-Macau Bridge is expected to speed up Hong Kong and Macau's investment in Zhuhai. Macau has taken advantage of its proximity to Zhuhai to invest in Zhuhai's textile processing industry. The Zhuhai-Macau cross-border industrial zone was opened in late 2006. The European Union waives tariff of 28 ...
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Hong Kong-Zhuhai-Macau bridge benefits Hong Kong most
(Jun 25, 2007) With the construction of the Hong Kong-Zhuhai-Macau Bridge, Hong Kong expects to see increased tourist flow and cargo flow into the territory. When the bridge is completed, traveling between Macau and Hong Kong only takes about 20 minutes. Stephen Ip, Hong Kong's Secretary for Economic Development and Labour, said that ...
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Warburg Pincus invests US$175mn in Titan Petrochemical
(Jun 25, 2007) Titan Petrochemicals Group Limited announced that Warburg Pincus, an international private equity fund, had completed subscription of the shares, preferred stock and warrants of Titan Petrochemicals Group Limited and China StorageCo. In the equity investment, Warburg Pincus pays US$175 million for the stocks, convertible preferred stocks and warrants of Titan ...
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ZTE sees remarkable growth in CDMA handsets in India
(Jun 25, 2007) ZTE Corporation is now a major mobile phone handset provider in India, surpassing Samsung and Motorola. ZTE Corporation is now the No.1 provider of CMDA mobile phone handset providers in India. In the first four months of 2007, ZTE had 100% to 150% growth in the number of CDMA mobile ...
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Star Cruises sees demand from families
(Jun 23, 2007) Star Cruises has seen strong cruising demand from families and middle-aged people in Hong Kong. It expects a 10% growth in passengers with new cruising services. Terry Chu, Assistant General Manager of Star Cruises (China and Hong Kong), said that over 2,000 Hong Kong citizens take outbound cruise tours every ...
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Star Cruises US$3bn to build three more ships
(Jun 23, 2007) Star Cruises Ltd will add three more cruise ships to its fleet in the future four years. The investment involves US$3 billion. Among the three cruise ships, two of them are under construction. It is expected that the project will be completed in 2009-10. Besides, the company has also come ...
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Qinghai investment fair gets support from Eastern China
(Jun 23, 2007) On 22nd June 2007, 2007 Qinghai Investment & Trade Fair for Economic Restructuring opened in Xining, Qinghai. The organizing committee expects that at this year's event, over RMB20 billion of contracts will be signed. Stepped into its seventh year, the fair has become an important platform for strengthening the cooperation ...
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Chongqing Airlines formed, helps China Southern to expand market share
(Jun 23, 2007) The fundamental work of setting up Chongqing Airlines, a company jointly invested by China Southern Airlines and State-owned Chongqing Development & Investment, has been completed. Before the establishment of Chongqing Airlines, China Southern only owned two subsidiary airlines in South Western China. It is expected that Chongqing Airlines can help ...
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Beijing and Guangdong secure most top brands in China
(Jun 23, 2007) On 22nd June 2007, World Brand Lab (WBL) and World Executive Digest Limited jointly released China's?s500 Most Valuable Brands in 2007. Among them, Guangdong occupies the second place for the number of brands in the list. Among different places in China, Beijing has the highest number of top brands in ...
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