Other Briefings
China Industry: May 25
May 25 – This is a regular series of relevant industry news from around China. Solar power U.S. solar power plants developer AES Solar Energy has signed a supply deal with Chinese photovoltaic (PV) product manufacturer Yingli Green Energy. Under the three-year exclusive supplier framework agreement, Yingly Green Energy will deliver its polycrystalline PV modules […]
Shenzhen Plans to Expand Economic Zone to Include the Whole City
SHENZHEN, May 22 – The local government has proposed a plan to expand its special economic zone (SEZ) to encompass the whole city as a way to boost its competitiveness during the downturn. If the proposal pushes through, the Bao’an and Longgang districts will become part of the SEZ thus growing the area from 395.81 […]
Hangzhou Promises Clampdown on Illegal Software for Microsoft
May 18 – China’s east coast city of Hangzhou has promised to step-up enforcement of anti-piracy laws in exchange for investments from Microsoft. The city has laid out specific targets for enforcement and will encourage local companies to use legitimate programs. Microsoft’s investment plans in the city include two new technology centers that should make […]
China Industry: May 13
May 13 – This is a regular series of relevant industry news from around China. Solar power Wang Zhongying, assistant director of the Energy Research Institute of the National Development and Reform Commission, said that China plans to boost its solar power capacity to 10–20 GW by 2020. Initially, the country planned to have 300 […]
Shipping Tax Break for Foreign Ships Extended
SHANGHAI, May 12 – Shanghai’s local government has announced that it would extend the tax break for foreign-registered ships until June 30, 2011 in line with its goal of making the city a major international financial center and shipping hub by 2020. The Yangshan Port will also allow shipping companies registered there to be exempt […]
Cheung Kong’s Posh Villas Sell Out in One Weekend
May 11 – Li-Ka Shing’s Cheung Kong Property Developers first phase development at La Grande Villas, close to Beijing’s International Exhibition Center, sold out it’s entire stock of house units over 48 hours this past weekend. The development, which comprises luxury houses priced at between US$750,000 to US$2 million, sold out all 138 properties at […]
Inflation Rate Drops for Third Month
May 11 – China’s inflation rate dropped for the third month in a row in April as its consumer price index decreased by 1.5 percent compared from a year earlier after a 1.2 percent decline in March. According to the National Statistics Bureau (NSB), food prices decreased by 1.3 percent while meat prices fell by […]
Shanghai Merges Economic Zones
SHANGHAI, May 8 – In a move aimed at streamlining the city’s shipping, business and manufacturing industries, the local government is combining the Nanhui District with the Pudong New Area under one government entity. The partnership of the Yangshan Deep-water Port and the Waigaoqiao Free Trade Zone will lead to better port and shipping policies […]
