China News Direct

 
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Nokia Siemens Bases TD-LTE Lab in Hangzhou
(Apr 16, 2010) Nokia Siemens Networks opened the world's first TD-LTE laboratory in its R&D center in Hangzhou on 16 April. Wen Ku, director for the science and technology division, Ministry of Industry and Information Technology (MIIT), said TD-LTE technology, an extension of the TD-SCDMA technology, would be an important foundation for the ...
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Guangxi Pours RMB2.3bn to Solve Water Issues
(Apr 16, 2010) Sources said Guangxi Province would spend RMB2.3 billion on drinking water engineering projects that relieve over 1.2 million people of drinking water shortage. Since August 2009, Guangxi has been suffering from the most serious drought over the past 60 years. The province's northeastern region has reached a severe stage in ...
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CNOOC and Sinochem in Talk to Buy Brazilian Oilfields
(Apr 16, 2010) Chinese enterprises have shown unprecedented interest in buying oilfields in Brazil. Market news says China National Offshore Oil Corp (CNOOC) and Sinochem Corp have both expressed desire to purchase a 40% equity stake of a large oilfield in Brazil owned by Statoil ASA. The bidding price tops US$3 billion. Meanwhile, ...
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Jiangsu's Lianyungang Broke Container Record
(Apr 15, 2010) Jiangsu province's Lianyungang completed cargo throughput of 32.96 million tons in the first quarter of 2010, an increase of 18.3% on-year. Lianyungang's container throughput broke record during the period when it completed handling 919,000 TEUs of cargo, a surge of 61% over the same period last year. ...
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Rural Netizens Grow Faster in China
(Apr 15, 2010) China Internet Network Information Center (CNNIC) reported that the number of internet users ('netizens') in rural areas grew 22.2 million or 26.3% year-on-year to 106.81 million by the end of 2009, the first time the number exceeded 100 million. CNNIC said the number of rural netizens using mobile phones for ...
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Shandong Banks on New Energy
(Apr 15, 2010) Shandong Province apparently is banking on foreign investments in new energy and energy-saving industries to drive economic growth. According to the commerce bureau of Shandong Province, in 1Q2010, foreign enterprises were approved to join 40 new energy projects worth US$2.39 billion in which foreign partners have to contribute US$680 million. ...
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TSMC Jumps to 20nm Process Technologies
(Apr 15, 2010) Taiwan Semiconductor Manufacturing Company Limited (TSMC) plans to directly develop 20 nanometers (nm) process technologies, skipping the 22 nm node. The 20nm process is expected to start production in the second half of 2012. The move to 20-nm creates a better gate density and chip performance than the 22-nm process ...
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Chinaoil Sells Directly to Iran
(Apr 15, 2010) Petrochina International Co., Ltd. (Chinaoil) has sold two gasoline tankers to Iran, entering this almost void market. The deal is Chinaoil's first direct sales to Iran since January 2009. Chinese enterprises used to supply gasoline to Iran through intermediaries, say traders, but now more direct sales may be seen. Many ...
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Jiangsu's Wuxi RMB10bn To Clean Up Taihu Lake
(Apr 14, 2010) Wuxi City, Jiangsu Province accelerated the pollution clean-up work of Taihu Lake, pouring nearly RMB10 billion in treating the lake in 2009. The money was spent on a number of work, namely resource reallocation and waste control, cyanobacteria fishing, water drainage, clearing of sediment deposition and ecological restoration. Taihu managed ...
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Liaoning's Anshan Excels in Infrastructure and Industries
(Apr 13, 2010) Anshan city in Liaoning province will build four major growth avenues which facilitate economic development. The four growth avenues channel industries, personnel, railway facilities and ports from neighboring areas to Anshan. One of the avenues links Shenyang city with Liaoyang city towards the marine industrial cluster in Yingkou. It has ...
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