Other Briefings
China Announces Plan to Renovate Rural Housing
Mar. 9 – China will implement a large scale plan to renovate dilapidated houses in rural areas to improve quality of living, create jobs and increase domestic demand, according to reports. The vice minister of Housing and Urban-Rural Development, Qi Ji, told Xinhua during the ongoing annual parliament session that China will rebuild 800,000 rural […]
Proposal for Hong Kong, Shenzhen FTZ Submitted
Mar. 6 – Members of the 11th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) have submitted a proposal for a free trade zone between Hong Kong and Guangdong Province’s Shenzhen. The proposal was written by CPPCC National Committee member, Li Guikang, with political advisors Huang Chubiao and Zhang Guoliang. It outlines a […]
Manufacturing Data Show Easing Slowdown
Mar. 5 – According to results of February data, manufacturing activity in China is steadying after months of decline. The China Federation of Logistics & Purchasing reported that the Purchasing Managers Index increased to 49.0 last month from 45.3 in January. The CLSA China PMI also climbed to 45.1 in February from 42.2 in January. […]
AmCham South China Launches Special Report
GUANGZHOU, Mar. 4 – The American Chamber of Commerce in South China launched its annual, 2009 Special Report on the State of Business in South China, compiled in cooperation with Hewitt Associates and Dezan Shira & Associates. The report provides an overview of the economy of Southern China, its progress and development and the challenges […]
China Sector Watch: Energy
This is the second of a series that will take an in-depth look at the industries that are shaping Chinese economy today. By Joyce Roque Mar. 2 – Prior to Deng Xiaoping’s landmark market reforms, the country’s energy sector was fully-controlled by the state. Fast-forward 30 years and changes in China have been nothing short […]
Shanghai Airlines to Raise RMB1 billion
SHANGHAI, Feb. 27 – Shanghai Airlines will raise a RMB1 billion capital injection through the private issuance of 222 million shares to Jinjiang International Holdings at RMB4.5 per share. The struggling airline has been in dire straits recently; a result of a weakening travel market, the airline announced last month that it expected their net […]
Guangzhou Extends Aid for Migrant Workers
Feb. 27 – Guangzhou City government plans to extend aid to unemployed migrant workers by offering online job interviews and opening a local television channel for job vacancies and training. The capital of Guangdong Province, the city is a top destination for migrant workers. While the government already has a job interview system in place […]
China Industry: Feb. 26
Feb. 26 – This is a regular series of relevant industry news from around China. Solar power According to a report by Bharat Book Bureau, in 2008, the additional installed capacity of wind power in China was 6.3 GW and the total installed capacity reached 12.2 GW. The total installed capacity of wind power in […]
