China News Direct

 
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Guangxi forges ahead with tourism development
(Aug 30, 2013) NANNING, Guangxi - The leisure fishing industry in Guangxi Autonomous Region of China creates an output value of RMB3 billion a year, while rosewood trade between Guangxi's border city of Pingxiang and Vietnam has a value of more than US$1 billion, all of these are made known when Guangxi unveils ...
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New ways in Shanghai's free trade
(Aug 23, 2013) SHANGHAI - China's State Council has officially given Shanghai the green light to form a free trade experimental zone, which will give the Chinese version of financial open-up a new meaning. The State Council is keen on giving Shanghai a larger scope of financial development, hoping that new ways of ...
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Chongqing adapts to foreign investment
(Aug 08, 2013) CHONGQING - In this August, KPMG opened its 14th office in China's Chongqing, illustrating the Big-four's vision to take corporate consultation further to inland China, and KPMG is not alone. In Chongqing, KPMG will continue to serve multinational corporations and local companies seeking corporate finance and overseas acquisition. KPMG is ...
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Shandong spreads outsourcing from coast to coast
(Jul 29, 2013) JINAN, Shandong - A hundred international contracting companies based in Shandong met state-owned companies from around China, trying to find engineering projects and labour outsourcing work in the areas of construction of housing, transport infrastructure and power lines. Shandong companies hope to provide labour service outsourcing and equipment manufacturing support ...
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Shenzhen's quest for labour upgrade
(Jul 25, 2013) SHENZHEN - Shenzhen has a shortage of technicians, which has become a major issue in restraining growth, a poll by Shenzhen Academy of Social Sciences (SASS) finds. It is neither the demand for capital nor the lack of investment projects that has been holding Shenzhen back. The real issue is ...
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Shenzhen's retailers earn RMB440bn nationwide, signal expansion
(Jul 29, 2013) SHENZHEN - Shenzhen-born chain store retailers have earned a third of China's retail sales revenue thanks probably to nationwide distribution and the streams of visitor, nearly 600,000, passing Shenzhen each day. Chain store companies in Shenzhen opened about 6,000 new stores nationwide and they operated 50,000 chain stores in total ...
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Midsummer trip to Gansu
(Jul 23, 2013) LANZHOU, Gansu - A team of 42 executives from 25 multinational companies including Wal-Mart and Siemens made a trip to Gansu province this summer, checking out the conditions in Lanzhou, Dunhuang city, Jiuquan city and Jiayuguan for potential investments. Organized by the Ministry of Commerce of China and the local ...
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E-commerce rules locally and globally
(Jul 18, 2013) HEFEI, Anhui - About 200 e-commerce companies and local brands in Anhui earned online sales revenue of RMB340 million in the province's e-commerce platform in the first half of 2013, and what is encouraging is that 65% of local Anhui brands which have no e-commerce experience have begun to taste ...
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China standardizes OTC listing nationwide
(Jun 27, 2013) BEIJING - Thousands of non-listed public companies will emerge in China as the State Council wants to expand National Equities Exchange and Quotations (NEEQ) or the so-called "third market" or OTC market to cover more companies, allowing these companies to directly issue shares and raise funds under the supervision of ...
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China clears stumbling block in small lending
(Jul 05, 2013) BEIJING - It's a long road for banks in China to lend at ease to micro and small companies as credit and insufficient credit information remain the two biggest hurdles in small lending, but some changes are about to take place. In response to the State Council?s announcement of Document ...
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