China News Direct

 
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Jiangsu sets technology growth at 18%
(Jan 07, 2013) NANJING, Jiangsu - Jiangsu province has set industrial growth targets for 2013, aiming industrial value-added at a growth of 12% and investment in technology at 18%. The provincial government of Jiangsu, in a meeting held on January 5, called for greater efforts to transform the economy. While the government will ...
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Dalian, Liaoning grows appetite for overseas investments
(Jan 08, 2013) DALIAN, Liaoning - Chinese companies in the northeast city of Dalian, Liaoning province have developed an appetite for more industries, putting overseas investments in over 30 countries and regions. Dalian capitals were seen invested in over 30 countries and in industries not exposed to before. In 2012, the Dalian city ...
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Jiangsu legislates for fair investments
(Jan 02, 2013) NANJING, Jiangsu - Jiangsu province has just released a regulation to promote and protect the investments of Taiwanese merchants, the first province to let Taiwanese merchants enjoy the same treatment as locals. As a province hotly favoured by many Taiwanese businessmen, Jiangsu spells out equality for the first time in ...
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State official forecasts 7.5% GDP for 2013
(Jan 03, 2013) BEIJING - National Development and Reform Commission (NDRC) Vice-chairman Zhang Xiaoqiang forecasts a GDP growth of 7.5% and a CPI of 3.5% for China in 2013, implying new loan will grow and inflation will be moderate. Attending an economic forum held at Peking University on December 29, Zhang forecast that ...
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Industry giants make strong footing in China
(Apr 23, 2013) SHANGHAI - Wisconsin China Center is opened in Shanghai to mark the state's commitment to growth and promotion of bilateral investments between US and Chinese companies in their respective homeland, according to Scott Walker, governor of Wisconsin. China has become the third largest export market for Wisconsin in the US ...
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Anhui seals RMB200bn financing deal
(Oct 09, 2012) The provincial government of Anhui has signed a framework agreement with Agricultural Bank of China to ensure financing for various industries and services over the next couple of years. Anhui and the bank sealed the deal on September 27 to secure a credit line of RMB200 billion which will fund ...
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Zhejiang Aims High in Sea-based Industries
(Sep 27, 2012) At the 2nd China Ocean Economy Investment Discussion Forum held in Ningbo in mid-September, Zhejiang province, local companies signed up 91 sea-industry projects, putting a total investment of RMB212.7 billion under contract. The provincial government and companies in Zhejiang have high hope of building strong sea-based industries. In 2012, a ...
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Sea-based Economy Energizes Chinese Coastal Provinces
(Sep 26, 2012) Coastal provinces in China from Liaoning province off the Bohai Sea to Hainan Island in the south are making their own sea-based economic and industry development plans, tapping ocean resources and related industries worth more than RMB7 trillion. The economic value of the sea has caught the attention of more ...
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Shenzhen Leads China in New Drug Development
(Aug 31, 2012) Shenzhen is leading the rest of China in biomedical and pharmaceutical developments, creating an output value of RMB16 billion a year but much work is needed to be done to break constraints. The biomedical industry is developing quite rapidly in Shenzhen which is leading China's new drug creation and industrializing ...
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Henan Relaxes Measures, Cuts Fees for Small Companies
(Aug 30, 2012) Henan province will relax administrative measures and change policies for micro and small start-up companies, allowing them to engage in research and development of technology and new media not banned by law. Entrepreneurship has never been easy, which applies equally to Henan. Now, the provincial government is going to relax ...
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