Other Briefings
Shanghai – Hangzhou maglev train shelved
Didn’t we just talk about pork? The maglev train that was to connect Shanghai and Hangzhou appears headed to the dustbin of history. The project has been officially put on hold due to radiation concerns according to Xinhua. “The project has been suspended in line with the arrangements of the municipal government,” said a spokesman with […]
Changsha to increase tourism; Wuhan to spend 10 million yuan on infrastructure
The city of Changsha is to become one of the two centers tourism in Hunan province in the next ten years. According to the Hunan Tourism Industry Development General Plan, approved May 20, Hunan will build tourism around two “cores:” the provincial capital of Changsha and Zhangjiajie, a UNESCO World Heritage Site located in the west of the province. […]
FDI in second tier cities: investors flock to Chongqing
Several international companies have recently set up shop in Chongqing as more and more foreign investors look to China’s western second tier cities. With the rising costs of land, labor, energy and other inputs to manufacturing making the coastal regions less attractive to companies looking for places to park their factories, the inland second and third […]
Shanghai Pudong airport sixth largest for cargo
Pudong International Airport (PVG) ranked as the sixth largest in the world for freight in 2006, handling some 2.16 million ton of cargo according to the Airports Council International. Pudong jumped two spots from last year on a rapid increase, 22.3 percent, of freight flights in 2006. In 2006, the airport handled 35,587 freight flights, […]
Chinese stocks, red chips and global financial markets
By Andy Scott SHANGHAI, Mar. 6 – Asian stocks are rallying for the first time in five days, stemming a worldwide sell-off that wiped US$1.5 trillion from the value of global shares. The downward trend began last Tuesday when the Shanghai stock market dropped over 9 percent. Other Asian markets began to tumble and by […]
South China regional highlights
Guangzhou and Shenzhen Foreign trading companies registered in free trade zones (FTZs) are, in theory, allowed to expand their business scope to enjoy the rights of import/export and distribution in China now widely conducted through foreign invested commercial enterprises (outside FTZs). In practice, however, we have found that some of the FTZs are not implementing […]
China unveils bullet train between Shanghai and Hangzhou
HANGZHOU, Jan. 29 – At 7:15 p.m. on January 28, 2007, the first CRH (China Railway Highspeed) train left Hangzhou with nearly 700 passengers, arriving in Shanghai 90 minutes later. The new bullet trains, or dong he du in Chinese, use multiple engine-powered carriages alongside non-powered units in order to raise travel speeds. Theoretically, the […]
Land policy in Zhongshan
With the spreading development of foreign direct investments across China, not only big cities, but also second tiers city have become more concerned about how to make most from the limited land they have. The southern Chinese city of Zhongshan it’s an interesting example in this regard. While the Zhongshan Government has issued a wide […]
