China News Direct

 
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China steers its way through investments
(Aug 06, 2014) BEIJING - Stabilizing economic growth through investments and reforming pinpointed sectors will be the economic tone in China in the second half of the year, a consensus shared by many experts. The central politburo held a meeting on 29 July to review and preview, making sure that government departments at all levels are in line to meet targets. Harder work is needed ...
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Amazon looks seriously at China-bound logistics
(Aug 27, 2014) SHANGHAI - Amazon Inc. is said to be in talks with prominent express delivery companies in China to make China-bound delivery direct and easy. Amazon is said to be tapping e-commerce logistics and direct delivery from the US to China, seeking business alliance with bigger Chinese companies such as Shun Feng Express (SF Express) and EMS. No ...
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Shanghai's campus foretells trend in mobile shopping
(Nov 18, 2014) SHANGHAI - The weeks after the November 11 "singles' day" annual sales, thousands of college kids were rush-called to their dormitories to pick up parcels - something at college campuses in Shanghai which foretells the trend. Things not seen before happened last week when nearly 30,000 parcels a day were ... 511 words ...
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Singles' day, a rehearsal for peak retail season
(Nov 03, 2014) SHANGHAI - State Post Bureau of China expects online shopping activities started on "singles' day" on November 11 to give postal delivery companies a hundred million pieces of parcel, kick-starting an enormously busy Christmas-New Year retail season. Not just for singles, the months following the singles' day on November 11 ... 765 words ...
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Food trade wins on logistics
(Sep 25, 2014) DALIAN, Liaoning - COFCO is going to build a foodstuff and edible oil logistics park in Dalian city, Liaoning province, keeping its food trade competitiveness in the northeast region of China. Chinese companies are teaming up with local counterparts and international partners to make food trade an ever-growing international business ... 578 words, COFCO, Port of Dalian Group, Dalian Commodities Exchange ...
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Shale gas favors seamless pipes demand
(Sep 23, 2014) KUNMING, Yunnan - New business such as production of seamless steel pipes has entered Yunnan province when more Chinese companies make a break-through in shale gas and other energy projects. A new factory producing seamless steel pipes is under construction in Yuxi Yanhe Industrial Park in Kunming, Yunnan. Funded by ... 656 words, CNPC, Sinopec, SJ Petroleum Machinery Company, Tianjin Pipe (Group) Corporation, Shaanxi Yanchang Petroleum (Group) Co. Ltd. ...
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Beijing municipal diversifies funding for water investments
(Sep 19, 2014) BEIJING - The Beijing municipal government signed strategic development agreements with state-owned companies and major banks, drawing more capitals to build water recycling facilities. The municipal government of Beijing, state-owned Beijing Drainage Group Co. Ltd., the State Development & Investment Corporation (SDIC), National Council for Social Security Fund (SSF), Industrial ... 594 words, Beijing Drainage Group Co. Ltd,. State Development & Investment Corporation, Industrial and Commercial Bank of China, Shanghai Pudong Development Bank, Beijing Municipal Road & Bridge Group Co. Ltd. ...
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Financial leasing firms on the way to expansion
(Aug 14, 2014) SHANGHAI - Shanghai will have three more financial leasing companies providing domestic and international leasing services, signaling a highly competitive market where firms in Harbin province and Hong Kong are eager to get to. New entrants are shaping the financial leasing market in many ways, driving costs of funds down ... 674 words, Shanghai Metro Financial Leasing, China Shipping Group Leasing, China Jianyin Investment, BOC Aviation, Harbin Bank Financial Leasing, China Aircraft Leasing Group Holdings ...
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State Council sets the stage for Infrastructure finance
(Aug 11, 2014) HEFEI, Anhui - China's central province of Anhui will open 28 infrastructure projects for private and foreign companies, adopting sole equity, joint venture or other modes of investment in pushing big-ticket investments. The provincial government of Anhui announced 28 projects for private investments last week, echoing the State Council's call ... 686 words, China National Offshore Oil Corporation, China National Petroleum Corporation, State Grid Corporation of China, China Telecom, China Unicom, Shenhua Group ...
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White book warns against financial lease disputes
(Aug 06, 2014) SHANGHAI - Shanghai has issued China's first white book on financial leasing contractual disputes, calling for clearer terms and heightened awareness of financial leasing contracts amid a growing market. Shanghai has about 10% of China's aviation financial leasing and 30% of China's overall financial leasing market. The number of dispute ... 510 words, People's Bank of China ...
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