China News Direct

 
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China's largest lithium battery plant to reap RMB10bn sales
(Nov 07, 2015) CHANGSHA, Hunan - Automobile makers around the world came knocking at the door of Melsen Power Technology Co. Ltd. based in Ningxiang Economic Development Zone in Changsha, Hunan province, ordering lithium batteries which will function as well in extreme temperature. The high-power lithium battery will bring revolutionary ...
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Smart cell phones apparently good for Hunan
(Nov 17, 2015) CHANGSHA, Hunan - G'Five Communication of Changsha, Hunan province has developed the province's first smart cell phone, starting production lines to make four million sets a year. G'Five will produce the smart mobile phones for exports, selling to the Middle East, Southeast Asia, Africa and South America. Its factory, based in Liuyang National ...
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A big step forward: Aluminum alloy that lasts longer, lighter, cheaper
(Oct 29, 2015) CHANGSHA, Hunan - Although Chinese companies produce and export a lot of aluminum, their innovation of new materials, especially aluminum alloy, is rare until Suntown Technology made a break-through. No Chinese companies have ever named innovative materials until Suntown Technology Co. Ltd. (SNTO) in ...
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Trade in the fast lane, Changsha-Hong Kong cargo flight launched
(Dec 08, 2015) CHANGSHA, Hunan - Huanghua International Airport in Changsha, Hunan province yesterday witnessed its first scheduled international cargo flight taking off, ending the province's history of having no regular cargo flight heading overseas. The B-737 cargo flight of SF Airlines left Changsha for Hong Kong yesterday ...
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Chongqing companies look for new businesses with innovation
(Dec 29, 2015) CHONGQING - Plug and Play of the US is making an entry to Chongqing where it will open a mega data center, a move made timely to tap innovation in Chongqing. Plug and Play will be investing as much as RMB800 million in the data center to be built in Chongqing. These facilities are scheduled to be completed next summer. Plug and ...
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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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Manufacturers turn to robot-power
(Oct 30, 2014) QINGDAO, Shandong - Better technology and sharp growth in labour cost have pushed more Chinese companies to consider using robots, turning robots into experienced workers on production lines from welding to mining. In Qingdao's National High-tech Industrial Zone, an international robot industry park was opened just last summer. In this October, a local company Qingdao ...
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Mid-year review after June PMI
(Jun 24, 2014) BEIJING - China's PMI climbed above the boom-bust line for the first time in six months, landing at 50.8 in June and leaving room for thought about China's economy which is aimed to grow 7.5% this year. The June PMI, announced by HSBC and forecast to post just 49.7, took the market by surprise and stirred thoughts about the effectiveness of the miniature relaxation monetary ...
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Guangdong comes first in saving export
(Jun 13, 2014) GUANGZHOU, Guangdong - Guangdong has come first in providing measures to bolster external trade after China's export growth fell to a negative realm in the first quarter, dropping 3.4% in value to US$491.31 billion over a year earlier. Among China's three economic engines of investment, consumption and export, export has lagged behind. Investments and personal consumption ...
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