China News Direct

 
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LA Sino-Congolaise Des Mines begins resource sharing
(Nov 10, 2015) BEIJING - Rock-bottom prices of bulk commodities did not deter Chinese companies from mining non-ferrous metals as Chinese capitals and technologies seem to blend well in Africa. LA Sino-Congolaise Des Mines S.A. has just started producing copper concentrate and iron ore in its mine in Kolwezi in the south side of Democratic ...
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Chinese map out the economics of traveling
(Dec 07, 2015) SHANGHAI - Middle-class Chinese are beginning to tour the US and Europe regularly just for shopping, retail scenes that will ripple across the continents. As many as 120 million Chinese people (person-times) are expected to travel around the world in 2015, spending about RMB1.1 trillion during their overseas trips, according to China Tourism Research Institute. ...
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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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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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China railway operators win bigger orders
(Dec 03, 2015) LANZHOU, Gansu - CRRC Zhuzhou Electric Locomotive Co. Ltd. will mass produce energy-saving locomotives for railroad-less trains in Lanzhou, Gansu province, aiming to build a rail-less locomotive market covering the northwest inland of China. CRRC Zhuzhou Electric Locomotive sealed a contract with the city government of Lanzhou and Gansu Province Economic ...
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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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Mobile games sales up 400% in 1H '14
(Aug 04, 2014) SHANGHAI - Shanghai has sold 30% of China's internet or online games, made possible by its highly urbanized development. A service-oriented economy and urban development have created a pool of ready consumers in China. People in big cities such as Beijing and Shanghai are more open to sales of internet services or cultural leisure products. Last year, sales of internet ...
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