China News Direct

 
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Services and advanced manufacturing applauded
(Oct 30, 2015) BEIJING - The service sector and advanced manufacturing captured the most foreign direct investments (FDI) in China in the first three quarter this year, a scenario applauding China's national efforts of upgrading industries. Chinese companies in the service sector and those in high-tech manufacturing captured the most foreign capitals, ...
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Singaporean companies act quick in One Road, One Belt
(Aug 20, 2015) QINGDAO, Shandong - Singaporean companies are taking quick steps to link with China's "One Road, One Belt" regional economic expansion, seeing Qingdao, Shandong a good port to look out for opportunities. Singaporean companies have got their hands on more industries and services related to China. Their footprints are seen on much Chinese ...
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China-Korea FTA likely to fuel Shandong's investment
(Dec 02, 2015) QINGDAO, Shandong - China's Free Trade Agreement (FTA) with Korea will draw more capitals to coastal provinces first, fueling investments in cities such as Qingdao in Shandong province. China-Korea FTA will make 90% of goods traded between the two countries duty free. Signed this June, the Free Trade Agreement concerns investment, ...
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Shandong companies go far in overseas investment
(Nov 16, 2015) QINGDAO, Shandong - Shandong companies signed a number of far-reaching collaboration and investment agreements in Australia, New Zealand and the US, moving in to pillar industries. Taihua Food based in Weifang, Shandong plans to import US$30 million worth of beef and mutton from Australia this year. Since first doing so in May, it has ...
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Trade set to gain big between China and Korea
(Nov 03, 2015) QINGDAO, Shandong - A hundred Korean companies signed nearly US$200 million of contracts with Chinese and Japanese companies during the Korea, China and Japan Business Matching Fair held in Seoul, Korea on 1 November, according to KOTRA. Numerous Chinese, Japanese and Korean joint business contracts are on their ways after China and Korea signed Free ...
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Small and mid-sized companies compete for liquidity
(Oct 11, 2014) HANGZHOU, Zhejiang - Small and medium-sized companies in Zhejiang province said they would stay till the bitter end but a lack of financial support or liquidity has become their biggest hurdle. A silver lining seems to have appeared for many small and medium companies although the road to really turn around business is still bumpy. There are ...
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China moderates growth for stability
(Oct 14, 2014) BEIJING - Those watching the Chinese economy may need to look at it differently as China is rather entering a stage where the Chinese authority is willing to give leeway in matters concerning the economy. Chinese Premier Li Keqiang said, in The Hamburg Summit, Germany last week, that he did not see a hard landing in the Chinese economy, and that the macro-economy is ...
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Hunan companies cast investment plans in Latin America
(Sep 15, 2014) CHANGSHA, Hunan - Chinese outbound investments in mining and infrastructure will increase as the provincial government of Hunan is initiating a number of plans to reach out to Latin America, Indo-China and Africa. The Department of Commerce of Hunan Province staged the Business Meeting for Latin America & Hunan Province, International ...
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Local governments make big moves in cross-city transport
(Dec 30, 2014) BEIJING - The municipal governments of Beijing, Tianjin and the provincial government of Hebei province formed a new company to invest in railway construction and operation, making expansive railway coverage for the capital region as a whole. For the first time, local governments see railway construction and operation going beyond ...
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Suzhou Industrial Park gains RMB advantage
(Jul 04, 2014) SUZHOU, Jiangsu - China-Singapore Suzhou Industrial Park will start trial run of four kinds of cross-border Renminbi (RMB) business, gaining a strong footing in China's international RMB business. Nodded by the People's Bank of China (PBOC), banks in Singapore will be able to lend to companies in Suzhou Industrial Park in RMB. Equity investment funds based ...
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