Archive for the 'China Manufacturer News' Category

Shanghai sees further recovery in foreign trade

Sunday, January 17th, 2010

China’s economic hub Shanghai in December posted the first year-on-year growth in both imports and exports in 14 months, indicating further recovery from the economic downturn, local customs said Sunday.

China discovers 5-bln-tonne iron deposits in 2009

Saturday, January 16th, 2010

China discovered nearly 5 billion tonnes of iron ore deposits in 2009, chief engineer with the Ministry of Land and Resources (MLR) said Friday.

Macao holds trade fair to promote Zhejiang products

Saturday, January 16th, 2010

A trade fair to promote products from east China’s Zhejiang Province was kicked off in Macao Friday, with more than 4,000 local brands exhibited for three days.

BOC gets ready for opening Taiwan branch

Saturday, January 16th, 2010

The Bank of China (BOC), the country’s largest foreign exchange lender, said it had already completed the preparatory work for establishing its Taiwan branch, according to a statement on the bank’s website.

Huaneng to build $703 mln power generators in Xinjiang

Saturday, January 16th, 2010

China Huaneng Group, China’s biggest power producer, will build two 600MW power units in the far western Xinjiang Uygur Autonomous Region, an executive at its Xinjiang subsidiary said Saturday.

TCL starts to build $3.6 bln 8.5G LCD production line

Saturday, January 16th, 2010

China’s top appliance maker TCL Saturday started building a 8.5-generation LCD production line in the southern city of Shenzhen to meet the rising demand for flat-screen TVs.

China tobacco sector reports higher taxes, profits after tax hike

Friday, January 15th, 2010

Combined profits and taxes in China’s tobacco industry in 2009 topped 513.11 billion yuan (75 billion U.S. dollars), a rise of 55.9 billion yuan from a year ago, Zhang Xiulian, spokesman with the State Tobacco Monopoly Administration, said Thursday.

China sees fastest housing price rise in 18 months last December

Friday, January 15th, 2010

China’s property prices rose at the fastest pace in 18 months in December, ending the year with rising fears of bubbles in the property market.

Firms from China’s coastal manufacturing province seek to go int’l via Hong Kong

Friday, January 15th, 2010

Business leaders from China’s coastal Zhejiang Province were in Hong Kong on Tuesday to promote investment and sought to use the international trade and financial hub as a platform to make their firms go international.

China’s Zhejiang province seeks economic cooperation with Macao

Friday, January 15th, 2010

2010 Macao-Zhejiang Week kicked off here Wednesday with an aim to deepen the economic ties between China’s Zhejiang Province and Macao Special Administrative Region (SAR).