Beijing’s Olympic GDP Surge
BEIJING, Aug. 7 – Beijing’s gross domestic product is expected to break the RMB1 trillion mark this year thanks to its hosting of the Olympic Games, said the deputy director of the city’s development and reform commission. Wang Haiping, deputy director of the Municipal Development and Reform Commission said that the Games had kept Beijing’s […]
TEDA Takes Advantage of Improved Links to Beijing
TIANJIN, Aug. 5 – Under Tianjin’s current campaign for development, plans are underway to launch accelerated industry enhancement, improve scientific and technological innovation, and enhance the local living standard and overall domestic economy. As a key player, the Tianjin Economic and Technological Development Area (TEDA) is reforming the Tianjin Binhai New Area (TBNA), located on […]
China Expat’s Beijing Olympics Guide Now Online
Aug. 4 – China Expat, the national China portal for China travel, culture and art, has just put up online their guide to the Beijing Olympics. Featuring details on all Olympics venues (including those held in other cities), with dates and schedules of events; a guide to “Olympic Putonghua” (ie: how to say “Please take […]
China Coal Shortage May Lead to More Blackouts
Aug. 4 – The State Electricity Regulatory Commission (SERC) warns that the country may suffer from electricity blackouts this year because current power coal supply cannot meet demand. For the coming summer, it estimates a maximum daily power shortage of 10 million kWh. Coal-fired power plants supply 78 percent of China’s electricity needs. Some domestic […]
Rural China Retail Sales Increase to Reach RMB1.62 Trillion
Aug. 4 – Retail sales in rural China reached RMB1.62 trillion in the first six months of 2008, up 20 percent from the same period last year, the Ministry of Commerce revealed on Thursday. The growth rate was 5.7 percentage points higher than that of the first half last year, said the MOC in a […]
Beijing-Tianjin High Speed Train Service Launched
BEIJING, Aug. 1 – The RMB14.3 billion Beijing-Tianjin high speed rail service officially began this morning with the first train setting off from Beijing’s South Railway Station. Operational just in time for the Olympics, the service reaches 350 kilometers per hour, making it the worlds fastest. Similar trains in Japan and Spain run at […]
Hong Kong-Macau-Zhuhai Bridge Financing to be Government Backed
July 31 – The long awaited bridge planned to connect Zhuhai in Mainland China to Hong Kong via Macau is likely to be funded by the regional governments if a new proposal is approved by the State Council. The giant project—a proposed series of bridges and tunnels that would connect the west side of Hong […]
Hong Kong to Issue Disneyland Visas For Shenzhen Migrant Workers
July 31 – The Hong Kong and Guangdong governments have announced that they will be soon be issuing special visa permits to visit Hong Kong’s Disneyland to migrant workers based in Shenzhen. The visas will allow migrant workers who have been in the city for at least twelve months to join tour groups to Hong […]