China News Direct

 
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Shipbuilding Orders Come Back to Jiangsu
(Jun 23, 2010) Jiangsu Province completed building 197 vessels of 8.46 million dwt from January to May, up 103.2% year-on-year, constituting 14.4% of the world market and 35.8% of the China market. 98 of the vessels of 2.527 million dwt were completed in the month of May. Key shipyards in Jiangsu have received ...
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Qingling Motors Launches Competitive Refrigerated Trucks
(Jun 23, 2010) The RMB200mn-subsidiary of Chongqing's Qingling Motors is marketing five new refrigeration vehicle models which are priced between RMB10,000 and RMB300,000, 20% cheaper than competitors'. According to Fan Youyi, vice president of Qingling Motors, well-known domestic refrigeration vehicle enterprises, such as Shandong's Kogel, Heinan's Bingxiong, are in fact vehicle modifiers and ...
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CSR Supplies Energy-saving Trains for India
(Jun 23, 2010) CSR Zhuzhou Electric Locomotive Co., Ltd. has secured a railway project in New Delhi, India. It will manufacture 15 cars or five trains which have the advantages of energy-saving, low noise and low electromagnetic radiation. The railway runs from the downtown of New Delhi to the satellite city of Gurgaon ...
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Wind Power Pricing Can be Refined
(Jun 23, 2010) China can improve and adopt a fairer wind power pricing system that should have more than four tiers of pricing, an improvement based on the current on-grid pricing system. The standard price of wind power is set by the central government and local governments are not allowed to charge anything ...
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China Starts Tapping Internet of Things
(Jun 23, 2010) Internet of Things will see exponential growth in China which has already named the industry one of the core emerging and strategic industries. The world will have 50 billion of computer terminals wired and connected to the Internet of Things by 2020, and China is just starting to build an ...
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Guangdong Approves Phase II Expansion of Chiwan, Humen Port
(Jun 23, 2010) Guangdong Development and Reform Commission has approved the construction of Phase Two of Mayong Port District, Humen Port, Guangdong, upgrading the port services of Humen. Berth No.5 in Mayong Port District No.4 of Phase II of Humen Port is a dry bulk cargo port that sees increasing cargo throughput from ...
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Chongqing Airport Speeds up Expansion for Lianjiang New District
(Jun 23, 2010) Chongqing Airport Group has decided to build the third and fourth runways and its eastern terminal now that the Chongqing Lianjiang New District is designated the third by-provincial bonded district in China after Shanghai's Pudong and Tianjin's Binhai. Chongqing Airport will extend the length and width of its second and ...
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Online Games Grow The Fastest In China
(Jun 23, 2010) The growth in China's entertainment and media industry will top the world at an annual rate of 12% over the next five years, making China the world's biggest advertising market just after the US, according to the report issued by PricewaterhouseCoopers (PwC). While mature markets such as the US, the ...
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Chongqing's Industrial and Logistics SOEs In Golden Time
(Jun 22, 2010) State-owned industrial and trade logistics firms had shown vivacious growth in Chongqing which had eight industrial companies reported 35.1% growth in turnover. As of the end of May, eight industrial enterprises had sales gone up 35.1% and total profits up 12.3% thanked to the economic recovery and domestic demand. State-owned ...
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Shandong's Cell Phone Exports up 19% in Jan-May
(Jun 22, 2010) From January to May Shandong's exports of cell phones amounted to 19.39 million sets, up 18.9% year-on-year. The average export price per set was US$45.7, down 14.3%. In the period, Shandong exported over 3.4 million cell phone sets every month except for February (exported 2.725 million sets). In May, exports ...
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