China News Direct

 
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Mainland China and Taiwan in Talk to Make Internet of Things
(Apr 15, 2010) It will be a win-win situation for mainland China and Taiwan to work on the novel Internet of Things, according to experts and scholars at a symposium held in Xiamen, southeast China's Fujian province. Government officials, experts and executives from enterprises across the Taiwan Strait discussed the business opportunities arising ...
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Hunan's Xiangtan Glows with Industrial Parks
(Apr 15, 2010) Central China's Xiangtan city has been boosting the development of industrial parks, trying to make it the economic growth pole for the old industrial base in Hunan province. Xiangtan will launch 40 projects to promote the cooperation among enterprises, universities and research institutions. Twenty innovation-oriented enterprises with indigenous intellectual property ...
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Guangzhou Development Zone to Lead High-end Industries in China
(Apr 15, 2010) Guangzhou Development Zone (GDZ) strives to make itself a Guangdong-China Knowledge City that pulls the development of high-end industry in the next ten to twenty years. The development zone will offer preferential policies for companies in the high-end industries and innovation-driven industries, says Xue Xiaofeng, Director of the Administrative Committee ...
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KPMG: M&A Comes Back with Recovery
(Apr 14, 2010) Mergers and acquisitions (M&A) are expected to continue the reviving trend this year, prompted by the economic recovery in the global market, says Paul Chau, head of M&A Advisory, KPMG Corporate Finance Limited. M&A activity has witnessed a surge in the past few months, with corporate-to-corporate leading the way, followed ...
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RMB50bn Dalian Shimao Carnival Starts Construction
(Apr 13, 2010) The single biggest Hong Kong-invested high-end integrated tourism project started construction yesterday in Jinzhou New Area, Dalian city of Liaoning Province. The project, developed by Shimao Group and temporarily named Dalian Shimao Carnival, is the largest high-end integrated tourism project in China. It covers land areas of 17 million square ...
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Xi'an High-tech Zone Creates RMB5bn of Animation Output
(Apr 13, 2010) China Central Television (CCTV) will invest RMB750 million on building an animation and creativity industrial park in northwest China's Xi'an High-tech Zone. The 150-mu (1mu=1/6acre) industrial park will attract more than 300 enterprises, creating an annual output value of RMB4-5 billion upon operation. Yue Huafeng, Director of Xi'an High-tech Zone ...
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The First Tour to North Korea at RMB5,500
(Apr 13, 2010) A group of 195 Chinese tourists set off to North Korea on 12 April, the first tour group from China to the bordering country. Tourists departed from Beijing, Liaoning's Shenyang and Dandong and gathered in Pyongyang to embark the eight-day tour. They will visit three North Korean cities: Pyongyang, Kaesong ...
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Beijing Tianjin and Hebei Produced RMB3.4tn GDP in 2009
(Apr 12, 2010) China's core metropolitan of Beijing, Tianjin and Hebei province generated a combined GDP value of RMB3.4 trillion in 2009, an increase of 11.8% over the previous year, 3.1 percentage points higher than the national average. The secondary and tertiary industry constituted 41.6% and 52.9% of the metropolitan's GDP with the ...
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Sichuan's Mianyang in Expressway-led Rebuilds
(Apr 12, 2010) Sichuan Expressway Construction & Development Corporation and the Mianyang City government have signed a cooperation agreement on the construction of the Mianyang to Jiuzhaigou Expressway. Gao Chun, chairman of Sichuan Expressway Construction & Development Corporation, said the expressway runs for 212 kilometers and costs RMB25.2 billion to build, i.e. RMB120 ...
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Yi Wei Enterprise Management Consulting Opens Office in Shanghai
(Apr 12, 2010) Yi Wei Enterprise Management Consulting (Shanghai) Co., Ltd. unveiled in Shanghai yesterday. Yi Wei is planning business expansion in China. Normington Bao, Chairman of Yi Wei Group, said that as one of Europe's leading investment groups, Yi Wei was optimistic about the Chinese market and had confidence about the future. ...
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