Feb 23, 2009 |
La Cina, secondo mercato mondiale del lusso nonostante la crisi |
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La Cina ha superato gli Stati Uniti ed è ora diventata il secondo maggiore mercato per i beni di lusso. Questo il risultato di un rapporto reso noto dal World Luxury Association, secondo il quale solo lo scorso anno i consumi d’alta gamma nella Repubblica Popolare hanno totalizzato un valore di 8,6 miliardi di dollari, corrispondenti a circa il 25% del totale mondiale. |
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Jun 13, 2008 |
Henry Cotton’s alla conquista dell’Asia |
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Periodo movimentato e ricco di novità per Henry Cotton’s, storico brand del gruppo Industries di Trebaseleghe (Pd) capitanato da Remo Ruffini, che da oggi viene distribuito in maniera decisa nei territori asiatici andando alla conquista di Cina, Hong Kong, Taiwan e Singapore. Dopo sei mesi di trattative è stato infatti siglato un accordo con il leader indiscusso della distribuzione di marchi sportswear di stile angloamericano e di alto posizionamento in Asia, la società Dickson Concept Ltd che fa capo al gruppo Dickson Poon. |
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Jun 9, 2008 |
Lo stile di John Richmond alla conquista di Hong Kong e della Cina |
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Nell'ottica di un'espansione sul mercato cinese, che prevede 13 opening nel prossimo triennio, John Richmond ha avviato la sua prima boutique a Hong Kong e uno shop Richmond a Pechino: entrambe le aperture sono frutto di una partnership tra Saverio Moschillo e l'imprenditore locale Richard Lee. |
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May 29, 2008 |
Per Annapurna un 2008 foriero di grandi cambiamenti |
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È un momento di grandi cambiamenti per Annapurna. Mentre l’azienda toscana festeggia i 30 anni di attività e inaugura una nuova showroom a Milano, la sua fondatrice, Aida Barni, lascia il timone ai propri figli. Cresce il fatturato e si amplia la presenza nei mercati stranieri. Nel mirino, per il futuro, c’è la Cina, dove si punta ad approdare con un flagship a Shanghai entro il 2009. |
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May 27, 2008 |
Marks & Spencer: presto a Shanghai |
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Marks & Spencer aprirà in autunno a Shanghai il primo store nella Repubblica Popolare. La notizia, ventilata già da alcuni mesi, è stata confermata settimana scorsa dal retailer britannico ed è apparsa in questi giorni sui principali organi di stampa cinesi. |
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May 23, 2008 |
Gruppo Morellato & Sector: più Cina con le Olimpiadi |
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Si fa trainare dalle Olimpiadi lo sviluppo delle vendite in Cina dei gioielli e degli orologi del gruppo Morellato & Sector, capitanato dal presidente e ceo Massimo Carraro. Il 5 giugno un evento a Pechino lancia il cronografo 42,195 Marathon, sviluppato in collaborazione con il maratoneta Stefano Baldini. Entro agosto due nuove boutique saranno aperte nella capitale. |
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May 22, 2008 |
Cina: brilla il mercato dei preziosi |
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A distanza di pochi giorni della conclusione della 33esima edizione del World Diamond Congress, organizzato quest’anno per la prima volta a Shanghai, si fa il punto sulle prospettive future del mercato dei preziosi nella Repubblica Popolare. |
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May 21, 2008 |
Opening a Sarajevo e Shanghai per Marlboro Classics |
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Nuove frecce all’arco di Marlboro Classics. Distribuito in oltre 40 mercati del mondo all’interno di 190 boutique esclusive, il brand è oggi insegna di due nuovi punti vendita, a Sarajevo e Shanghai, inaugurati nel corso di questo mese. Seguiranno, a breve, le aperture di Londra e Monaco. |
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May 19, 2008 |
Sweet Years: il brand del cuore scommette sull'Oriente |
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Hong Kong e Pechino saranno le prossime mete strategiche di Sweet Years, che in Oriente ha programmato un viaggio itinerante guidato dal calciatore Christian Vieri, uno dei soci fondatori del marchio. Tappa clou sarà l'inaugurazione del monomarca di Pechino, in agenda per giovedì. Nel mirino anche gli Emirati Arabi e il Middle East con una serie di new opening. |
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Apr 22, 2008 |
Chinese cities introduce reforms to promote private economy |
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Local governments throughout China are improving business regulation and making it easier for the private sector to grow, according to a report released on Tuesday by the International Finance Corporation (IFC) of the World Bank Group and the Chinese Academy of Social Sciences (CASS). |
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Apr 18, 2008 |
Il primo annual luxury brands forum a Shanghai |
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Oggi a Shanghai si è svolta la prima edizione dell’Annual Luxury Brands Forum. Molti i temi sul tavolo, discussi da autorevoli protagonisti della moda internazionale: da Ermenegildo Zegna alle spagnole Tous e Agatha Ruiz della Prada, fino a Cesare Romiti. |
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Apr 17, 2008 |
Le prospettive del lusso in Cina: se ne parla domani e dopodomani a Shanghai |
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Non ancora assurta a Mecca del lusso ma sulla buona strada per diventarlo, la Cina fa discutere i player dell’alto di gamma: un appuntamento importante è l'Annual Luxury Brand Forum di Shanghai. |
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Apr 10, 2008 |
China remains hot spot for foreign investment |
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China remains a hot spot for foreign investment despite the slower world economic growth. As evidence, the ongoing 12th Investment and Trade Forum for Cooperation between East and West China has attracted more than 4,000 investors from over 56 countries and regions |
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Apr 10, 2008 |
Trade of machinery, electronic products up 20.3% |
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China's trade of machinery and electronic products grew at an annual rate of 20.3 percent to 306.6 billion U.S. dollars in the first quarter, the Ministry of Commerce (MOC) said on Wednesday |
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Apr 5, 2008 |
Major chain retailers in China witness surging sales growth in 2007 |
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Major chain retailers including both domestic and foreign businesses saw robust sales growth in China last year, according to the China Chain Store and Franchise Association (CCFA) |
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Mar 27, 2008 |
Nestle opens ice cream plant in south China |
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Nestle opened a new ice cream plant in south China on Wednesday, demonstrating its aim to further develop the Chinese market |
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Dec 7, 2007 |
Chinese textile industry says no to low-price purchases |
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Langsha Group, China's largest sock manufacturer, temporarily stopped cooperating with Wal-Mart this July because the latter offered unacceptably low prices for purchase orders. |
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Dec 7, 2007 |
China to offer support policies for non-food biofuels |
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China's Ministry of Finance (MOF) has drawn up policies to promote the production of non-food sources for biofuels, a senior MOF official told a Beijing energy conference. |
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Dec 6, 2007 |
Central economic conference foresees tasks for 2008 |
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Chinese leaders concluded a high-profile annual economic conference on Wednesday and decided a slew of tasks facing the country's economy in 2008. |
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Dec 4, 2007 |
6 major bases for wind-power generation to be built |
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Six major bases for wind-power generation will be built in the north part and the southeastern coastal areas of China. They are expected to provide 6 million kilowatts of wind power by the end of 2010. |
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Dec 4, 2007 |
Planned growth board ready to help bright start-up firms |
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China's planned Nasdaq-like growth board is ready to assist the development of start-up firms with high potential as it supports the country's strategy of encouraging self-innovation, senior officials said. |
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Dec 4, 2007 |
Investment bank forecasts China's economy to grow 11% in 2008 |
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China's economy is forecast to grow 11 percent in 2008 while the RMB will continue to appreciate, an investment bank said in its latest analysis. |
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Dec 4, 2007 |
Draft energy law seeks public opinions |
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The Office of the National Energy Leading Group announced on Monday a draft of the upcoming energy law in order to seek public opinions through the media and the Internet. Experts noted that 2009 would be the earliest possible date for China's Energy Law to go into effect. |
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Nov 30, 2007 |
China signs MOUs with US, Mexico on subsidies |
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China has reached understanding with the United States and Mexico on their alleged trade subsidy measures, sparing a WTO panel ruling on the case, the Chinese WTO mission said in Geneva on Thursday. |
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Nov 28, 2007 |
China, EU to jointly avoid exchange rate fluctuations |
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China and the European countries using the same currency Euro will work together to avoid big fluctuations of foreign exchange rates. |
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Nov 28, 2007 |
Oil supply will return to normal soon |
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The oil supply on the domestic market will soon return to normal as concrete measures had been taken to ease shortages, said the country's top economic planning agency on Tuesday. |
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Nov 27, 2007 |
China, France ink 8-bln-euro nuclear deal |
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China Guangdong Nuclear Power Corp (CGNPC) yesterday signed an 8-billion-euro agreement with the French nuclear company Areva for the supply of two nuclear reactors, a record agreement for the French company. |
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Nov 27, 2007 |
1.35% of GDP planned for environmental protection |
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The Chinese government will invest 1.35 percent of its gross domestic product (GDP) each year for the next three years in environmental protection. |
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Nov 27, 2007 |
Gov't rewards energy-savers |
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The Chinese government is to introduce a seven-billion-yuan (US$933 million) reward scheme aimed at encouraging companies around the country to conserve energy and reduce emissions. |
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Nov 27, 2007 |
Il China Awards 2007 al Gruppo Forall (Pal Zileri) |
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Il Gruppo Forall, noto per il marchio di abbigliamento maschile Pal Zileri, sarà premiato questa sera a Milano, nell'ambito dei China Awards 2007. L'azienda vicentina si è distinta per avere realizzato "la miglior performance con la Cina, operando in distretti e in settori ad alta crescita di esportazione". |
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Nov 26, 2007 |
Fiscal revenue expected to top 5 trillion yuan |
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Solid economic expansion will lift China's fiscal revenue to more than 5 trillion yuan (about US$675.5 billion) this year, a rise of 27.23 percent compared with 3.93 trillion yuan last year, the chief economist with the National Bureau of Statistics (NBS) Yao Jingyuan has predicted. |
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Nov 23, 2007 |
SEPA: polluters face heavy fines |
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Enterprises will face fines as high as 500,000 yuan (US$ 67,467) if they are caught discharging highly poisonous liquid waste into waters, according to a draft regulation released by the State Environmental Protection Administration on November 22, 2007. |
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Nov 23, 2007 |
Top statistician: CPI to rise 4.5-4.6% for 2007 |
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China's consumer price index (CPI) will rise 4.5 percent to 4.6 percent for the whole of the current year, which will indicate a moderate and bearable inflation, the country's top statistician Xie Fuzhan said Thursday at Tsinghua University. |
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Nov 22, 2007 |
Expert: Chinese economy will remain behind Germany |
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With the approach of the new year, economic observers are busy predicting the new ranks for world economies. Responding to recent assumptions that China will overtake Germany as the world's number three economy, Zheng Jingping, an official with the National Bureau of Statistics, expressed a different opinion. |
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Nov 22, 2007 |
French enter Chinese kitchen |
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French kitchenware manufacturer SEB will hold a majority stake in China's Supor cookware by purchasing additional stocks, ending a much-debated process of a foreign company's merger and acquisition of a domestic firm. |
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Nov 22, 2007 |
New steps to control investment |
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The government is to strengthen the management of all new investment projects and will pull the plug on any that do not have appropriate approval. |
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Nov 21, 2007 |
Tightening economic moves increase borrowing costs |
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Moves by the People's Bank of China (PBOC), the central bank, to tighten liquidity are making it tougher for many domestic enterprises, especially those with low credit ratings, to raise short-term financing, Shi Yuxin, an analyst at China Lianhe Credit Rating Co., Ltd., told Xinhua. |
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Nov 20, 2007 |
Car owners likely to be taxed for emissions |
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At the 2007 Forum on China Energy Sustainable Development in Beijing last weekend, an official from the State Environmental Protection Administration disclosed that it was quite likely car owners in China would be taxed for their car emissions in the future. |
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Nov 20, 2007 |
Venture capital investment surges 186% in 3Q |
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Venture capital investment by Chinese-funded institutions surged 186.1 percent in the third quarter of this year from the previous quarter, with 38 contracts signed involving 907.1 million U.S. dollars, according to a recent report by ChinaVenture, a domestic financial consulting service provider. |
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Nov 20, 2007 |
Exchange rate could become more flexible |
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China may make its exchange rate more flexible and, if necessary, consider widening the yuan's trading band, central bank governor Zhou Xiaochuan has said. |
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Nov 16, 2007 |
China's industrial output up 17.9% in Oct. |
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The industrial output of China's major industrial enterprises, which are companies with annual revenue of at least 5 million yuan (US$675,000), grew 17.9 percent year-on-year in October, the National Bureau of Statistics (NBS) said. |
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Nov 16, 2007 |
Heavy polluters punished under 'green-credit' policy |
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Twelve heavy polluting enterprises have had crucial bank loans recalled, suspended or rejected as China's new "green-credit policy" kicks into action, Friday's China Youth Daily reports. |
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Nov 16, 2007 |
New resource tax guidelines expected |
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Resource taxes are likely to be collected on the basis of price instead of quantity, revealed Wang Min, Vice Minister of Land and Resources, during an international conference held in Beijing Tuesday. Enterprises with high consumption of crude oil, coal, and non-ferrous ores will be most affected. |
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Nov 15, 2007 |
2,000 IPR infringements uncovered in first 3Q |
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Chinese customs authorities uncovered 1,914 cases of intellectual property rights (IPR) infringement in the first three quarters of 2007. |
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Nov 15, 2007 |
WB: China's GDP growth still strong |
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The World Bank's (WB) forecast for China's 2007 growth remains unchanged at 11.3 percent. It predicted more than 8 percent economic growth for East Asia in 2007 despite growing concerns about the US sub-prime crisis and rising oil prices. |
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Nov 14, 2007 |
China to phase out tax breaks for foreign companies |
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China has drafted executive regulations for a new corporate income tax law that will harmonize the domestic and foreign rates, and the final draft has been submitted to the State Council for approval, the China Securities Journal reported on Wednesday, citing an expert close to the issue. |
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Nov 13, 2007 |
Project to enhance cooperation on renewable energy |
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China launched a national science and technology project Monday to boost international cooperation on new and renewable energy. |
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Nov 13, 2007 |
Inflation reached 6.5% in Oct. |
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China's consumer price index (CPI), a main gauge of inflation, rose by 6.5 percent in October compared with the same period of last year, the National Bureau of Statistics (NBS) said on Tuesday. |
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Nov 13, 2007 |
Chinese economy to grow 11.2% in Q4 |
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China's red-hot economy is likely to cool during the fourth quarter as a result of tightening efforts, a think tank report said on Monday. |
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Nov 13, 2007 |
Public support new holiday plan |
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Public reaction to China's proposal to overhaul the national holiday system has been favorable, according to an on-line government poll, but to some observers, the questions about the plan were "leading" and the results were questionable. |
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Nov 12, 2007 |
Trade surplus rose 13.5% in Oct. |
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China's trade surplus in October rose 13.5 percent over the same month last year to US$27.05 billion, the General Administration of Customs said on Monday. |
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Nov 12, 2007 |
Chinese Internet use pushes television towards extinction |
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A recent survey conducted by the China Youth Daily and Sina.com asked 5,674 people how they fill their spare time. 31.3 percent of the respondents said they often watch television, 53.9 percent sometimes, and 14.8 percent never. |
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Nov 9, 2007 |
Draft: Drop May golden week |
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Chinese workers will get one more paid day off each year if a draft amendment to the country's statutory holiday law is approved. A copy of the draft was published today. The Tomb-sweeping Festival, Dragon Boat Festival and Mid-Autumn Festival will become national holidays. |
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Nov 8, 2007 |
China proposes new Euro-Asia partnership |
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A senior Chinese leader on Thursday advocated moves to forge a Euro-Asia partnership featuring peace, friendship and harmony to continuously inject vitality into regional development. |
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Nov 7, 2007 |
Marks & Spencer pronto all'ingresso in Cina |
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Forte di un bilancio semestrale positivo - con vendite internazionali in avanzata del 13,8%, a quota 640,6 milioni di sterline su un totale di 4,2 miliardi -, Marks & Spencer punta ad aprire il suo primo store in Cina entro il prossimo anno finanziario. |
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Nov 7, 2007 |
China needs energy efficient edifices |
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Currently the three biggest energy consumers in China revolve around construction, industry and transportation. With construction in China booming and an increased demand for comfort in residences, energy consumption for construction purposes has risen accordingly. |
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Nov 7, 2007 |
Big rise in alleged money laundering deals |
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China's central bank said suspected cases of money laundering jumped 12-fold to 387 billion yuan (US$52 billion) last year as measures to monitor currency flows in the economy were tightened. |
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Nov 6, 2007 |
Suspicious firings ahead of new labor law |
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The rumor mill is churning as industry giants including Huawei Technologies Co Ltd, LG Electronics, and Wal-Mart China carry out drastic domestic work cuts just before the enactment of the Employment Contract Law on January 1, 2008. |
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Nov 6, 2007 |
Central bank lists 662 in crackdown |
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The central bank Monday said 662 banking institutions, including 10 foreign banks, have been punished after they were found to have violated money laundering rules. |
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Nov 6, 2007 |
Yellow light warning for Chinese economy |
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China's macroeconomic performance index rose four points from August to hit 121.3 points in September, with some sectors entering the red and yellow light zones, meaning they are going a bit too fast, according to the National Bureau of Statistics (NBS). |
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Nov 5, 2007 |
More price hikes likely |
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Huge rises in commodity prices are exerting mounting pressure on inflation, a senior economic official has warned amid concerns that rising global oil prices may soon push production costs higher. |
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Nov 5, 2007 |
Environmental NGOs encouraging green actions |
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In recent years, increasingly more green warriors and green NGOs have emerged in China, encouraging people to join in environmental protection and pollution reduction. |
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Nov 1, 2007 |
Draft food safety law approved |
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The State Council, China's Cabinet, yesterday approved in principle a draft food safety law to raise standards and regulate supervision. |
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Nov 1, 2007 |
China's 400 Richest |
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Another increasingly common "Made in China" item: money, and lots of it. We found 66 billionaires while researching our China rich list this year, up from 15 last year. The total net worth of the 400 richest people in China is $288 billion, up from $116 billion a year ago. |
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Nov 1, 2007 |
Economic crimes rise in first 9 months |
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Economic crimes in China increased 7.2 percent during the first nine months of the year to 59,000 cases, a spokesman for the Ministry of Public Security said on Thursday. |
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Nov 1, 2007 |
China climbs up competition ladder |
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China has leaped to 34th from 54th in this year's Global Competitiveness Report, released yesterday by the World Economic Forum (WEF) in Geneva, Switzerland. |
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Oct 31, 2007 |
Chinese steel products face EU anti-dumping complaints |
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Chinese steel products may become the new target of the European Union's anti-dumping charges as European steelmakers lodged complaints with the European Commission on Monday. |
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Oct 30, 2007 |
Chinese splashing out on luxury foreign holidays |
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Chinese tourists spend an average of $3,000 per overseas trip, a recent survey has found. |
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Oct 29, 2007 |
Key facts about CPC's new constitution amendment |
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The 17th National Congress of the Communist Party of China (CPC) endorsed an amendment to the Party's Constitution on Oct. 21, enshrining the scientific outlook on development, which was formulated to balance the country's growth. |
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Oct 26, 2007 |
China, EU to cement quality controls |
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China will cooperate more with the European Union (EU) to develop safety and security criteria for products, a leading official from the top product quality supervision authority said Wednesday. |
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Oct 26, 2007 |
Industrial added value up 18.5% in 1st 9 months |
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The industrial added value of China's major industrial enterprises grew by 18.5 percent in the first nine months compared with the same period last year. |
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Oct 25, 2007 |
Energy conservation law to be amended |
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Under heavy pressure to harness rampant energy consumption, China's top legislature on Wednesday began deliberating a draft amendment to the law that suggests work carried out by local government officials in energy conservation should be integrated into the assessment of their political performance. |
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Oct 25, 2007 |
GDP growth hit 11.5% in 1st 9 months, NBS |
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China's GDP was up 11.5 percent in the first nine months from the corresponding period last year, said the National Bureau of Statistics (NBS) here on Thursday. |
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Oct 24, 2007 |
China to expand channels for capital outflow |
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The State will improve management of its massive foreign exchange reserves and satisfy trade and investment needs, the top foreign exchange regulator has pledged. |
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Oct 24, 2007 |
Chinese yuan breaks 7.5 mark against USD |
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China's Renminbi (RMB) broke the 7.5 mark to reach a new central parity rate of 7.4938 yuan to one US dollar on Wednesday, according to the Chinese Foreign Exchange Trading System. |
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Oct 24, 2007 |
China looks at lowering taxes on import and leasing of aircraft |
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The Chinese government is considering cutting taxes on the import and leasing of aircraft to bring the country into line with international standards, according to a senior official with the Civil Aviation Administration of China (CAAC). |
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Oct 23, 2007 |
Labor costs rising for Chinese textile industries |
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New statistics show that the advantage of low labor costs in the Chinese textile industry is facing a threat from some other neighboring Southeast Asian counties. |
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Oct 22, 2007 |
China's Middle Market |
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General Motors may be losing ground to Japanese automakers in the U.S., but the company is still a leader in a market that may ultimately prove even more important: China. There, using inexpensive technology acquired in its 2002 purchase of Korea's ailing Daewoo Motor, GM has created a "good enough" set of autos that strongly appeal to China's burgeoning middle class--and now account for more than 50% of GM's Chinese sales. |
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Oct 22, 2007 |
CPC amends Constitution to foster private sector |
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The Communist Party of China said on Sunday it will foster the development of the non-public sector with an amendment to the Party Constitution, according to a resolution adopted at the closing session of the 17th CPC National Congress.
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Oct 22, 2007 |
Who Rules China? |
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The big question everyone in the know was asking going into this week's 17th National Congress of the Chinese Communist Party was who would emerge as the anointed next leader of China. But there remains the other big question, one that too often goes unasked: How much does it matter? |
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Oct 22, 2007 |
First index system for textile industry set up |
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China's Ministry of Commerce (MOC) announced on Sunday the establishment of the country's first-ever textile index system, to better reflect the development of the textile industry and its market. |
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Oct 21, 2007 |
CPC congress closes, opening new chapter for scientific development |
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The Communist Party of China (CPC) closed its national congress on Sunday, endorsing the incorporation of the scientific outlook on development into the Party Constitution and installing a 371-member Central Committee and a 127-member Central Commission for Discipline Inspection. |
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Oct 21, 2007 |
China soon 2nd largest consumer market |
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China is likely to become the world's second largest consumer market by 2015, said a report released by the Boston Consulting Group (BCG). |
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Oct 21, 2007 |
Registered SMEs surpass 4.3 million |
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China's registered small- and medium-sized enterprises (SMEs) have exceeded 4.3 million and contributed to 58.5 percent of the gross domestic production, according to a SMEs association. |
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Oct 20, 2007 |
Survey: Half of Chinese travelers want to scrap "golden weeks" except Spring Festival |
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Half of Chinese travelers want to abolish all "Golden week" holidays, except Spring Festival, according to a survey released by Ctrip on Thursday. |
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Oct 20, 2007 |
Progress on poverty: World Bank |
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The World Bank on Friday praised China's efforts to reduce poverty by developing agriculture, but said more funding is needed if it is to further lift the standard of living among the rural poor. |
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Oct 18, 2007 |
Market to determine exchange rate |
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The market will play a bigger role in determining the exchange rate of the yuan and eventually make it fully convertible, Zhou Xiaochuan, governor of People's Bank of China (PBOC) said on the sidelines of the Party congress yesterday. |
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Oct 18, 2007 |
CPI edges down, inflation pressure remains |
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China's consumer price index, a major barometer for inflation, eased slightly to 6.2 percent in September after surging up to an 11-year high of 6.5 percent in August, Zhu Zhixin, deputy director of the National Development and Reform Commission said on Thursday. |
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Oct 18, 2007 |
Report: China's newly-weds spend heavily |
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Weddings are so important in China that couples are willing to fork out on average 20 times their monthly income on getting hitched and everything that comes with it. |
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Oct 17, 2007 |
NDRC: No sign of severe inflation despite high CPI growth |
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China's consumer price index (CPI) grew 4.1 percent in the first nine months of this year, compared with the same period of 2006, said Chen Deming, vice chairman of the National Development and Reform Commission (NDRC) at a meeting of the 17th National Congress of the Communist Party of China yesterday. |
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Oct 16, 2007 |
Alibaba looks to be world's 2nd largest Internet IPO |
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Alibaba.com kicked off the road show of its IPO yesterday. Its indicative IPO prices ranged from 10 to 12 Hong Kong dollars. Based on such calculations, Alibaba's IPO will raise 10.31 billion Hong Kong dollars, beating the expected 7.8 billion Hong Kong dollars and making it the largest IPO by a Chinese Internet company. |
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Oct 16, 2007 |
Indian, Chinese investors most optimistic in Asia Pacific |
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Investors in India lead the Asia-Pacific region in having confidence in their own economy, followed by those on the Chinese mainland, according to a survey by financial services provider ING. |
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Oct 16, 2007 |
State investment company to go global |
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The China Investment Corporation Ltd. (CIC), a government-owned foreign exchange (forex) investment company set up to efficiently utilize the country's huge forex reserves, will invest in Hong Kong, Taiwan and all other markets worldwide except those with the settlement of exchange in Renminbi, board chairman Lou Jiwei said Tuesday. |
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Oct 16, 2007 |
Not everyone wants a holiday, poll finds |
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Over the recent seven-day National Day holiday, there are 146 million trips in the country, but it seems not everyone likes the idea of a week-long vacation. |
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Oct 16, 2007 |
China to fulfill water safety vow ahead of agenda |
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China will diminish the population with low access to safe drinking water by half in 2009, six years ahead of its pledged deadline to the UN sponsored Millennium Development Goals, said a senior Chinese water resources official on Monday. |
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Oct 15, 2007 |
Property tax may go into effect next year |
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China is expected to levy a property tax in 10 regions on a trial basis next year, the China Securities Journal reported today quoting what it said was a well-informed source. |
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Oct 15, 2007 |
Hu sets goal of quadrupling per capita GDP under environment, resource restrictions |
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China's per capita GDP is expected to be quadrupled by the year 2020 as against 2000, Hu Jintao said in his report to the 17th National Congress of the Communist Party of China (CPC) on Monday. |
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Oct 14, 2007 |
Party congress attracts global eyes |
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A media official who heads the media center for the 17th National Congress of the Communist Party of China (CPC) said Saturday that the upcoming event, slated to open on Monday, is going to attract world eyes, which testifies the global interest in the CPC. |
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Oct 14, 2007 |
Reserve requirement ratio up again |
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China will raise the reserve requirement ratio by half a percentage point to 13 percent for commercial banks from Oct. 25, the People's Bank of China announced on Saturday. |
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Oct 14, 2007 |
Agricultural machinery in great demand in China |
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Industry insiders say China has a huge demand for large and medium tractors and many other types of agricultural machinery as the country moves to modernize its agriculture. |
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Oct 14, 2007 |
China customs post 22% growth in revenues |
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Chinese customs authorities reported Sunday a 22 percent year-on-year rise in revenues in the first nine months, fueled by the country's booming trade. |
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Oct 13, 2007 |
China's online population hits 172m by Sept. |
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The number of Internet users in China reached an estimated 172 million by the end of September, or about 13 percent of the total population, according to the Ministry of Information Industry (MII). |
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Oct 12, 2007 |
More foreign investment to be attracted to Chinese hospitality industry |
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Cao Nianguo, director of DTZ, a global real estate advisory company, predicted in a press conference that the 2008 Beijing Olympic Games, the 2010 Shanghai World Expo and the booming tourist industry would drive foreign investors to invest heavily in the Chinese hospitality industry. |
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Oct 12, 2007 |
China propels global growth |
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China contributed to 13.8 percent of the world economic growth during the 2003-05 period, and the country is the second-largest contributor following the US, the National Bureau of Statistics (NBS) said yesterday. |
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Oct 12, 2007 |
Trade surplus hits US$186 bln in first 9 months |
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China's trade surplus soared 65 percent to US$186 billion in the first nine months of this year, Xinhua news agency reported today quoting China Customs. |
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Oct 12, 2007 |
Polluting enterprises to lose edge in power policy |
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The Chinese government has decided to phase out the policy of charging relatively lower prices for electricity consumed by enterprises producing electrolytic aluminium, ferrous alloy and chlor-alkali. |
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Oct 12, 2007 |
Preferential power price policies cancelled |
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Enterprises with high-energy consumption will no longer enjoy preferential power price policies, according to a notice issued by three central government departments on October 11. |
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Oct 12, 2007 |
Chen Liangyu expelled from Party |
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The Seventh Plenary Session of the 16th Central Committee of the Communist Party of China (CPC) on Friday endorsed the decision made by the Political Bureau of the CPC Central Committee of expelling former Shanghai party chief Chen Liangyu from the CPC. |
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Oct 11, 2007 |
Billionaires bloom on back of equity, property boom |
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The country's roaring stock market and soaring property prices have generated wealth for so many that the mainland now has more billionaires than any place other than the United States, according to a list released yesterday. |
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Oct 11, 2007 |
China working to prevent child abuse |
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Abuse and neglect are causing more injuries and deaths among Chinese children, particularly in the countryside. Currently all of Chinese society is being mobilized to protect children from violence. |
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Oct 11, 2007 |
Individual mortgage growth nearly triples in Q3 |
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The growth rate of mortgages provided by domestic banks in Shanghai during the third quarter of this year nearly tripled the growth rate in the first half, the central bank said today. |
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Oct 10, 2007 |
Entrepreneur confidence index remains high |
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China's entrepreneur confidence index remained high in the third quarter of 2007 with half of the respondents optimistic about their growth prospects. |
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Oct 10, 2007 |
EU, China agree to end textile quotas |
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The European Union (EU) has agreed with China to end quota restrictions on Chinese textile imports with a joint surveillance system to monitor the trade flow in 2008, the European Commission said on Tuesday. |
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Oct 10, 2007 |
Law targets work discrimination |
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The Employment Promotion Law, to take effect on January 1 next year, is expected to boost employment by banning job discrimination, a senior labor official said Monday. |
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Oct 10, 2007 |
'Uphold law, protect work health rights' |
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The Ministry of Health has called for stricter enforcement of a law aimed at preventing occupational health problems. |
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Oct 9, 2007 |
Zegna positivo sull'accordo Ue-Cina per il monitoraggio delle licenze |
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Paolo Zegna si dichiara soddisfatto per l'accordo raggiunto tra Commissione europea e Cina in merito al monitoraggio congiunto (in vigore allo scadere del regime di quote, previsto per fine anno) delle licenze all'export e all'import su otto categorie di prodotti tessili. "Si tratta di un passo avanti verso un mercato globale governato da regole da tutti accettate e, soprattutto, da tutti rispettate", afferma il presidente della Federazione Smi-Ati. |
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Oct 9, 2007 |
CPI growth may slow to 6.1% in September |
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The increase in China's consumer price index (CPI), the main gauge of inflation, is likely to slow to 6.1 percent in September, a report from Bank of China says. |
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Oct 9, 2007 |
Yuan sheds 130 points against dollar |
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The value of China's currency, the yuan, lost 130 basis points Tuesday to 7.5232 yuan to one US dollar, according to its central parity rate released by Chinese Foreign Exchange Trading System today. |
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Oct 9, 2007 |
Gov't cuts tariff on electronic imports |
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The import tariff on audio and video products and other electronic publications has been cut, the finance ministry said on its website yesterday. |
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Oct 8, 2007 |
Retail sales reach 350b yuan in holiday |
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The retail sales of consumer goods in China rose 16 percent year-on-year to almost 350 billion yuan (US$46.7 billion) during the week-long National Day holiday, said sources with the Ministry of Commerce on Sunday. |
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Oct 8, 2007 |
China Minsheng could buy into American bank |
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China Minsheng Banking Corp. said on Monday that it could become the biggest single shareholder of UCBH Holdings in 2009 by acquiring a 20-percent stake in the American bank. |
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Oct 8, 2007 |
Countryside, rural people a top priority |
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The central finance department will continue increasing its support to the country's rural areas, sources from a meeting of the political bureau of the Communist Party of China Central Committee said. |
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Oct 8, 2007 |
Chinese auto travelers rise to over 360 mln |
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The number of Chinese people traveling by vehicle rose 9.7 percent to 363 million during the National Day holiday, said the Ministry of Communications on Sunday. |
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Oct 4, 2007 |
Mobile phone users top 515 mln by August |
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China's mobile phone users exceeded 515 million by the end of August this year, with a monthly rise of 6.8 million on average, according to statistics from the Ministry of Information Industry (MII). |
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Oct 4, 2007 |
Anti-monopoly law has no effect on foreign investment |
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An official with China's top legislature says the government will maintain its policy of encouraging foreign investment unchanged after the passing of the country's first anti-monopoly law. The law requires checks on mergers of foreign and Chinese enterprises to ascertain whether they affect national security. |
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Oct 3, 2007 |
Il bimbo firmato Mirtillo sbarca in Cina con Numancia |
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Mirtillo, brand storico del childrenswear, firma un accordo quinquennale con la Numancia di Hong Kong per la produzione su licenza e per la distribuzione della sua collezione in Cina, Hong Kong, Macao e Taiwan. |
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Sept 30, 2007 |
Boosting innovation, boosting economic growth |
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China's largest city Shanghai posted a GDP growth of 13 percent based on a rise of 9.6 percent in fixed assets investment in the first half of 2007, thanks to the strategic adjustment of economic structure, statistics from the municipal government show. |
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Sept 30, 2007 |
China's external debts reach US$327.8b |
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Outstanding of China's external debts rose by US$4.8 billion in six months to US$327.8 billion by the end of June 2007, according to statistics released by the State Administration of Foreign Exchange (SAFE) Saturday. |
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Sept 30, 2007 |
Chinese firm wins patent lawsuit against Schneider |
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A Chinese low-voltage product company won a patent infringement lawsuit against France's Schneider Electric and its Chinese sales agent on Saturday. The suit involves 330 million yuan in compensation. |
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Sept 29, 2007 |
Tightening policy will continue |
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The central bank said on Friday that it will continue to adopt a "moderately tight" monetary policy in the coming months to keep the economy on the right track. |
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Sept 29, 2007 |
China has zero tolerance to 'Taiwan Independence' |
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China's top political advisor Jia Qinglin has reiterated the mainland's stance of zero tolerance to any form of "Taiwan Independence" and called for the endeavor of all Chinese to realize the country's reunification. |
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Sept 28, 2007 |
Gucci sues 2 Chinese firms over trademark infringement |
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Italian fashion house Gucci is suing two Chinese companies, claiming that they infringed its trademark, a Beijing court spokesman said on Thursday. |
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Sept 28, 2007 |
China 'regrets' US repeated IPR complaint to WTO |
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China regrets that the United States has appealed to the World Trade Organization (WTO) for the second time to set up an expert panel to investigate US complaints that China is failing to do enough to protect intellectual property rights (IPRs), a Chinese government spokesman said on Thursday. |
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Sept 28, 2007 |
Foreign investment encouraged in hi-tech industry |
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China will provide policy and funding support for its hi-tech sectors and encourage companies to cooperate with overseas partners, a top official said. |
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Sept 27, 2007 |
Fewer procedures make an efficient government |
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The State Council on Wednesday decided to scrap 128 administrative procedures for examination and approval and amend 58 in order to cut government red tape. |
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Sept 27, 2007 |
New five-year plan to help combat pollution unveiled |
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The State Council has approved in principle a five-year environmental protection plan for tackling pollution. The plan mainly focuses on "pollution control and prevention" in order to achieve the environmental protection targets set by the government last year. |
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Sept 26, 2007 |
Push for new definition of poverty |
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Led by think tank China Development Research Foundation, a group of economists are pushing the country's leadership to accept their proposal to redefine poverty in China. |
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Sept 24, 2007 |
China has become world's 2nd largest auto consumer |
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From January to July of this year China's export auto sales reached 294,000, an increase of 70.3%. The total year sales are expected to exceed 500,000. This year China exported US$8.85 billion worth of auto parts, an increase of 32.4%. But despite significant growth China's automobile industry is still far from saturated. |
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Sept 24, 2007 |
Rules on securities JVs to come out at year-end |
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Rules that allow a handful of foreign investment banks to invest in joint ventures with local securities firms are expected to be introduced by the end of this year, according to senior government officials and banking executives. |
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Sept 22, 2007 |
Deutsche Bank lifts China's GDP growth prediction for 2007 and 2008 |
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Deutsche Bank lifts China's GDP growth prediction from the previous 10.7 percent and 9.7 percent to 11.4 percent and 10.2 percent in 2007 and 2008 respectively. |
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Sept 19, 2007 |
Chinese Economy Full Steam Ahead |
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China has registered a solid growth track since 2003, and its economy has expanded quickly and in a stable manner, the National Bureau of Statistics (NBS) said yesterday. |
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Sept 19, 2007 |
CPC to Amend Party Constitution |
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The Communist Party of China (CPC) will amend the Party Constitution at its upcoming 17th national congress scheduled for October 15, to reflect "the scientific concept of development" and other major theoretical developments, according to a meeting of the Political Bureau of the CPC Central Committee on Monday. |
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Sept 18,2007 |
Children's Wear Makers Receive Serious Quality Warnings |
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Dozens of children's wear factories in east China's Zhejiang Province, have received serious warnings after 40 percent of their products were found to have quality problems, according to local quality supervision authorities. |
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Sept 18, 2007 |
High Prices to 'Persist' Next Year |
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High prices will continue to make life difficult for consumers next year because the government is likely to further deregulate prices of public utility items such as water, power and natural gas. |
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Sept 18, 2007 |
Tax Rates Down in 8 Industries |
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Enterprise income tax rates will be reduced for eight industries by different margins, according to a statement from the State Administration of Taxation stipulated on September 17. The new rates will go into effect as of January 1, 2008. |
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Sept 17, 2007 |
China's Mobile Phone Users Exceeds 600 Mln |
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China has more than 600 million mobile phones users by June this year, which means every one in five mobile phone users is Chinese, an senior official said on Sunday. |
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Sept 17,2007 |
ADB: China's GDP Growth to Hit 11.2% |
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Brisk exports, strong investment and buoyant consumption will lift China's economic growth to 11.2 percent this year, up from an earlier estimate of 10 percent, with the inflation rate breaking 4 percent, says an Asian Development Bank (ADB) report released here on Monday. |
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Sept 14, 2007 |
Credit Card More Popular in China |
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The number of credit cards in use on the Chinese mainland has more than doubled over 2006 to more than 40 million, FT.com reported citing a report released by McKinsey, the consultancy, on Friday. |
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Sept 14, 2007 |
Fuel Tax Coming |
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The Secretary for tax policy of the Finance Ministry stated that China would introduce a series of tax policies to promote energy conservation development and environmentally friendly vehicles. |
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Sept 14, 2007 |
China's Central Bank Raises Rates for Fifth Time This Year to Cool Economy |
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China raised interest rates for the fifth time since March to curb the fastest inflation since 1996 and damp speculation in stocks and real estate. |
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September 13, 2007 |
R&D Spending Exceeds US$39.9b in 2006 |
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China invested 300.31 billion yuan (US$39.9 billion) in research and development (R&D) last year, boosting science and technology innovations in order to develop a more sustainable economy. |
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September 13, 2007 |
R&D Spending Exceeds US$39.9b in 2006 |
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China invested 300.31 billion yuan (US$39.9 billion) in research and development (R&D) last year, boosting science and technology innovations in order to develop a more sustainable economy. |
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September 13, 2007 |
Mainlanders May Start Direct Investment in HK Shares in Oct |
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Individual investors from the Chinese mainland are likely to be able to start trading in Hong Kong shares next month, the Shanghai Securities News reported on Thursday. |
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September 13, 2007 |
Foreign Investment in China Up 12.8% |
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China actually used US$41.95 billion in foreign direct investment, in the first eight months this year, up 12.8 percent over the same period of 2006, the Ministry of Commerce announced on Thursday. |
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September 12, 2007 |
Exports Slow, Surplus Still High |
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The growth rate of China's export slowed in August, but the trade surplus remains high despite the government's efforts to trim the ballooning figure. |
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September 12, 2007 |
Chinese Rich Have Poor Reputation |
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Wealthy Chinese do not have a good reputation, a survey by China Youth Daily and Sina.com has found. The poll, conducted last week, showed about 70 percent of 3,990 interviewees believe the well-off are immoral and not worthy of respect. |
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September 12, 2007 |
China's Retail Sales Grow 17.1 Percent, Fastest Pace in More Than 3 Years |
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China's retail sales grew at the fastest pace in more than three years, buoyed by higher prices and rising incomes in the world's fastest-growing major economy. |
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September 11, 2007 |
Chinese Firms Learn Patent Protection Amid US IPR Investigation |
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Increasing US investigations over alleged IPR infringement have forced more and more Chinese companies to actively register patent rights across the world in an effort to protect their own rights and prevent potential lawsuits. |
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September 11, 2007 |
Car Sales Rise 27% as Traders Take Profits |
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China's passenger car sales rose 26.77 percent in August from a year earlier, the fastest pace in eight months, according to China Association of Automobile Manufacturers yesterday. |
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September 11, 2007 |
China's Suicide Rate among World's Highest |
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China has one of the highest suicide rates in the world, particularly among rural women, an expert on suicide prevention said Monday. |
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September 11, 2007 |
MOF to Slow Down Tariff Rebate Adjustment |
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The Ministry of Finance (MOF) will reduce the frequency with which it releases new policies to further adjust export tax rebate, in an effort to maintain a stable policy framework on foreign trade. |
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Sept 22, 2007 |
Deutsche Bank lifts China's GDP growth prediction for 2007 and 2008 |
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Deutsche Bank lifts China's GDP growth prediction from the previous 10.7 percent and 9.7 percent to 11.4 percent and 10.2 percent in 2007 and 2008 respectively. |
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Sepember 10, 2007 |
Average Wedding Costs US$16,790 |
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Couples in China's urban areas spend an average of 126,600 yuan (US$16,790) on wedding ceremonies, home decoration and appliances last year, according to a survey issued by the Ministry of Commerce. |
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September 10, 2007 |
Si aprono le porte della Cina per Navigare, marchio di Manifattura Riese |
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Sbarca in Cina, in seguito a un accordo con una società del gruppo Erdos di Hong Kong, il brand Navigare, che fa capo alla Manifattura Riese in provincia di Reggio Emilia. In questo mese l'inaugurazione di 10 negozi, il primo già operativo a Guangzhou dallo scorso agosto. |
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September 11th 2007 |
CPI Up 6.5% in August |
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China's consumer price index (CPI) rose by 6.5 percent in August propelled by food price hikes, the biggest monthly rise this year, triggering divergent opinions on China's inflationary prospects. |
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September 10, 2007 |
No Threat of Foreign Monopoly in Any Industry |
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The country does not face an imminent risk of monopoly by foreign companies in any industry, according to the China Foreign Investment Report 2007 released by the Ministry of Commerce. |
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September 10, 2007 |
Chinese Enterprises Go Global |
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Chinese companies, long-time recipients of foreign investment, have started to export their funds and technologies amid global rising demand for economic cooperation partners. |
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September 5, 2007 |
China Needs at Least 300 Helicopters by 2015: Experts said |
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China will need at least 300 helicopters by 2015, and the demand could exceed 1,000 aircraft with the rapid development of China's economy, senior executives from Eurocopter, the world's largest helicopter manufacturer, said here on Tuesday. |
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September 5, 2007 |
Summer Davos Meeting to Kick Off in NE China |
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The World Economic Forum's (WEF) Inaugural Annual Meeting of New Champions, dubbed Summer Davos meeting, is to open in China's northeast city of Dalian on Thursday. Focusing on the roles the new generation of fast-growing multinational companies are playing, the summer meeting is expected to draw together some 1,700 government officials, scholars and business leaders from 90 countries and regions. |
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September 4, 2007 |
Survey: China's New Rich Not Healthy |
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The high-living, high-pressure lifestyles of China's wealthy are catching up with their health, according to a recent survey that shows many are paying a high cost for their affluence. |
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September 4, 2007 |
Official: Pork Supply to Recover in 6 Months |
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China's pork supply will be stable in the second quarter of next year as it takes about 18 months to breed more pigs, a top economic planning official said today. |
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September 3, 2007 |
Poor Rural People to Be Supported by Allowances |
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A minimum living standard system is expected to support some 30 million poor villagers by the end of this year, said an official with the Ministry of Civil Affairs (MCA). All the rural people whose annual incomes are under the minimum living standard will get allowances from local governments. |
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August 31, 2007 |
Recall Systems for Unsafe Food, Toys Started |
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China's quality watchdog on Friday introduced the nation's landmark recall systems for unsafe food products and toys amid efforts to improve products safety. |
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August 31, 2007 |
Listed Companies Post 70% Growth in H1 Net Profits |
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Almost all companies listed on China's two stock exchanges have released their interim reports, with combined net profits up 70.78 percent year-on-year to 319.1 billion yuan (42.2 billion U.S. dollars) for the first half of this year. |
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July 19, 2007 |
Rethinking the "Made in China" label |
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I haven't been able to get my hands on a copy of Sara Bongiorni's A Year Without "Made in China", though I have been anxious to write something about the book since it was released in June. |
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July 18, 2007 |
CPC promotes democracy by open elections |
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About 15,000 members of the Communist Party of China (CPC) ascended to leading positions through open elections from 2003 to 2006, according to the Party's central organization department. |
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July 16, 2007 |
China Expanding in European Market |
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An increasing number of Chinese companies are purchasing European enterprises. |
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July 13, 2007 |
Unit by Unit, Energy Use Improving |
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Energy consumption per unit of GDP last year fell for the first time since 2003, according to official figures - in a clear signal that conservation measures are beginning to pay off. |
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July 13, 2007 |
Regulator to Crack Down on Speculative Capital Inflows |
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China's foreign exchange regulator said it will work to strengthen monitoring and administration of cross-border flows of funds and block the inflow of foreign capital on fictitious trade claims, according to Shanghai Securities News. |
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March 6, 2006 |
Key Projects for Revitalizing Equipment Manufacturing Industry |
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The following are the key projects for the revitalization of China's equipment manufacturing industry during the 2006-2010 period, listed in the draft guidelines of the five-year development guidelines being deliberated by Chinese lawmakers at their ongoing annual session. |
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October 19, 2005 |
China to Intensify Pollution Control in Next Five Years |
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The Communist Party of China (CPC) has called for more efforts to prevent and control pollution with aim to reverse the deterioration of the environment and ecology in the coming five years, according to a document released in Beijing Tuesday. |
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