China News Direct

 
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Shanghai's overseas investment continue to climb
(Jul 03, 2014) SHANGHAI - The value of overseas direct investments (ODI) jumped 370% in Shanghai between January and May this year, fueled by Chinese companies looking for investments in high-end services in Asia and North America. Shanghai companies have invested a cumulative value of US$21.42 billion in overseas direct investments as of the end of May, when just ...
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Lithium battery separators costs and performance improved
(Nov 18, 2014) KUNMING, Yunnan - Chinese companies are rushing to develop lithium battery separators and other core materials, which will save manufacturers at least 20% of costs in producing next-generation vehicles. In Kunming, the capital city of Yunnan province, Chongqing-based Yuntianhua Newmi-Tech Co. Ltd. has put its new factory into operation. Yuntianhua ... 748 words, Chongqing Yuntianhua Newmi-Tech, Dupont, Toray, Tonen Chemical Corporation, ZTE Holdings, Solartronteck, China Zhejiang Great Southeast Group Corporation, Shougang Corporation ...
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China reforms cotton and soybean subsidies
(Sep 22, 2014) URUMQI, Xinjiang - China will replace its existing agri-procurement program with a market-price driven subsidy on cotton and soybean, trying to narrow the price gaps between the domestic and international markets. The central government is trying to cut down on price intervention. Starting this year, China will scrap the reserve ... 612 words ...
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Manufacturers gear up for high-end bikes
(Mar 31, 2014) TIANJIN - The bicycle market in Tianjin, China is estimated to grow to a scale of RMB140 billion in five years, and manufacturers are gearing up for bicycles fit for casual cycling, leisure or competitive sports. The high-end market of bicycles or bikes, manual or motored, will be the focus ...
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Spending keeps China's economy running
(May 07, 2014) BEIJING - Stable prices of consumer goods and mass-market consumption kept China's economy steady in the first quarter of the year, although export faltered to a state catching the Premier's attention. Steady growth in mass consumption, instead of spending on luxury and expensive items, has kept retail sales in a ...
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Private sector investment has dawned
(Jul 02, 2014) BEIJING - Local governments may need to do more to energize investments by the private sector or non-state companies, while many private companies seem to want to take a wait-and-see approach amid a lukewarm economy. The State Council released 80 projects for the private sector in May, kick-starting a frenzy ...
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Germans ahead in setting standards in China
(Jul 11, 2014) BEIJING - China FAW Group Corporation sealed a joint statement with German Volkswagen AG to fortify more years of alliance, signaling the Germans' broad applications of technologies to automobile and other industries in China. Signed in Beijing on 7 July, the joint statement between FAW and Volkswagen served as a ... 608 words, FAW, Volkswagen, Bader Automobile Leather (Dalian), Webasto, Delphi Corporation, Dayeh Group ...
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Drinks made indispensable investments in China
(Jul 03, 2014) TIANJIN - Uni-President of Taiwan has just sealed a contract to invest RMB1 billion in building a drinks production plant in the Chinese city of Tianjin, showing basic food and drinks will continue to be indispensable investments in China. In Tianjin Airport Economic Area, Uni-President will build a new factory ... 667 words, Uni-President, Sunjuice Holdings, Great China Metal Industrial, Coca Cola, Tsingtao Brewery, CP Group ...
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Tire manufacturers wheel near Ferrari
(Jun 26, 2014) QINGDAO, Shandong - Tire manufacturers in Shandong province hope to make tires good enough for Ferrari, a turn-around from the situation which no local manufacturers in the province can produce tires for even mid-grade sedans. Shandong is one of the biggest provinces making and selling tires. In sales, profit tax ... 696 words, Ferrari, Bridgestone, Linglong Tire ...
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Foreign companies give Wuxi and Kunshan a lift
(Jun 12, 2014) WUXI, Jiangsu - Companies in Wuxi, Jiangsu province sealed RMB137 billion worth of investment projects with companies, including financial institutions, state-owned and foreign companies in Beijing. Hundreds of companies attended an investment fair held in Beijing on 27 May about new industries and services in Wuxi, Jiangsu, signing 45 projects ... 541 words, China Machinery Engineering Corporation, LG, Hon Hai Precision Industry, Chi Mei Corporation, Hawtai Motor, Porex ...
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