China News Direct

 
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China Delivers All-round Tourism Development Blueprint
(Nov 25, 2009) Chinese Premier Wen Jiabao has approved the "Opinion for Accelerating the Development of Tourism" at yesterday's State Council Executive Meeting, setting the development tone of tourism. The meeting pointed out 5 main aspects which set the direction for China in accelerating development of tourism: 1. To lift barriers of entry. ...
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Golf To Enter Golden Time in China
(Nov 25, 2009) China's golf industry is expected to see ten years of golden time ahead, fueled by the sport's inclusion in the Olympics and China's own rapid economic growth. Centre manager, Zhang Xiao-ning, at General Administration of Sport of China's Management Center noted that golf was not just bonded with high-end consumers. ...
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Guangzhou Clears Water for 2010 Asian Game
(Nov 22, 2009) Guangzhou is investing over RMB50 billion on water treatment and management in preparation for the upcoming Guangzhou Asian Game which will be held unprecedentedly on water in 2010. Guangzhou Municipal NPC member, Liu Lian-xiang, said the water treatment and management project was the biggest one in the shortest duration of ...
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China Gives Bigger Budget To Education in Line with GDP
(Nov 22, 2009) China is putting more resources in education in line with her rise in GDP value. A report jointly announced on by the Ministry of Education, National Bureau of Statistics and Ministry of Finance on 20 November - the 2008 Statistic Report on the Implementation of the National Education Funding - ...
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Nantong Development Zone Sees Breakthrough in Use of Foreign Capital
(Nov 20, 2009) Jiangsu province's Nantong Development Zone is building a modern industrial system in order to promote the development of new industries such as bio-medicine, new energy, new material and environmental protection. Nantong expects to actually register new foreign commercial and industrial investment of US$500 million in 2009. From January to October ...
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China's Fiscal Spending on Culture up 42% in '09
(Nov 19, 2009) The Ministry of Finance of China is spending more on cultural projects targeting at the grass-root level and rural areas. In 2009, Ministry of Finance's central fiscal funding to local cultural projects has amounted to RMB3.059 billion, 41.6% more than the same period of 2008. In the fourth installment of ...
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Shenzhen Hi-Tech Fair Excels in New Energy and Robots
(Nov 17, 2009) The 11th China International Hi-Tech Fair (CHTF) opened today in Shenzhen where new energy and energy-saving environmental protection will be the theme for the first time. It is the first time the CHTF included exhibition zones for new energy, energy-saving and emission reduction. The most cutting-edge solar photovoltaic power generation ...
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Guangzhou's Hotels Face Structural Reshuffling
(Nov 17, 2009) Vice President of China Tourism Research Association, Dai Bin, revealed the current situation of insufficient economy-class hotels and excessive 5-star hotels may expedite a structural reshuffling of the hotel industry in Guangzhou. The hotel industry is Guangzhou is plagued by insufficient economy-class hotels and a not yet-ready market for high-end ...
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Shenzhen Forms Equity Exchanges for Capital Advancement
(Nov 17, 2009) The Shenzhen United Assets and Equity Exchange and the Shenzhen Cultural Property Exchange were formally established on 16 November 2009, a move made to advance the capital market development of the city. It is part of Shenzhen's comprehensive reform to improve a multi-layered capital market, and foster the advancement of ...
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Shenzhen Outlines Internet Development Goals
(Nov 15, 2009) Shenzhen will invest RMB3.5 billion to support the development of the internet industry, said Mayor of Shenzhen, Wang Rong at the 11th China Hi-tech Fair held yesterday. Shenzhen has passed a number of rules to support the development of the internet industry: the "Internet Industry Development of Shenzhen Development Plan ...
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