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China Briefing is a monthly magazine and daily news service about doing business in China. We cover topics relating to the Chinese economy, the market in China, foreign direct investment and Chinese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates




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China Industry Report: Feb. 6

Feb. 6 – This is a regular series of relevant industry news from around China.

Wind power
US-based Navajo Wind Energy acquired Chinese wind power company Guangzhou Jianianxiang. Through the acquisition, Navajo plans to boost the expansion of its wind power facilities in the world’s most populous country.

Solar power
Chinese National Development and Reform Commission will announce on March 20 which company will win the bid for building a 10 MW solar photovoltaic power plant in Dunhuang. Thirty-eight companies have joined the race: 36 domestic, one German and one Danish.

Air transport
US-based Continental Airlines Inc. will start flying daily from March 25 from New York to Shanghai. One Boeing 777-200 has been designated to serve the route.

Shanghai Airlines Co. Ltd. expects to get between RMB1 billion to RMB2 billion worth of government aid. For that reason, the company shares have been suspended from trading.

This industry report brief is courtesy of Aii Data Processing.

This entry was posted in Aviation, Economy and Politics, FDI and Foreign Trade, Manufacturing. Bookmark the permalink.

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Dezan Shira & Associates provide a range of services for companies looking to undertake foreign direct investment into Asia, These include corporate establishment, accounting, tax, payroll, audit and due diligence. To learn more about the firm, please contact one of our specialists at china@dezshira.com, download our corporate brochure or visit at us www.dezshira.com


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