A manufacturing plant for laptops will be set up in Chongqing by global computer maker Hewlett Packard (HP) and contract manufacturer of electronic products, Foxconn International Holdings, which plan to jointly invest $3billion, marking the fifth move of HP’s development in Chongqing during the past three years.
The investment is made up of two projects, a laptop computer export base of HP’s and a manufacturing base of Foxconn’s. The former will order the latter to make production. Besides, Foxconn Read more…
Popularity: 2% [?]
China, Chongqing, computer, economy, HP, laptop
1. The People’s Republic of China has received a loan from the Asian Development Bank (ADB) towards the cost of Jilin Urban Environmental Improvement Project. Part of the proceeds of this loan will be used for payments under the contract named above. Bidding is opening to bidders from eligible source countries of ADB.
2. China National Machinery Import & Export Corporation (CMC, the Procurement Agent), authorized by Changchun Municipal Water (Group) Co., Ltd. (the Purchaser) Read more…
Popularity: 1% [?]
bank, China, development, economy, ifb, loan
On August 4, 2009, a Chinese senior labour officer said there were more than16.5 million people out of work. The unemployment situation in China, caused by the global crisis, was very serious.
Wang Yadong (deputy director of the employment promotion department of the Ministry of Human Resources and Social Security) said the unemployment rate will remain below 4.6 percent this year. Read more…
Popularity: 1% [?]
China, economy, job, labour, officer, situation, unemployment, work
On 7:30 am, Monday, June 29, after a 10-hour flight from Germany, Frank Appel, the deutsche post DHL CEO, started his whirlwind visit in Beijing. After meeting government officials, partners and employees, he told his interviewer: Asia and China will still be their focus.
Unlike all the previous visits, this visit during the global economy crisis which has posed a serious threat on this world’s largest logistics company, with a 13% drop in revenue and 42% drop in underlying EBIT (earnings before interest and taxes) in the first quarter of the year. Read more…
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Being the second biggest oil company in China, Sinopec Group decided to buy a oil and gas company, Addax Petroleum Corp at the price of 7.3 billion dollars, which is based in Geneva. This happened in a bid to tap oil reserves in West Africa and the Middle East.
It was the subsidiary company of Sinopec Group, Sinopec International Petroleum Exploration and Production Corp (SIPC), that settled the deal. On June 24th, Sinopec in Beijing Read more…
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China, company, economy, gas, oil, Sinopec
Although there are more and more Chinese investing directly overseas, these investment are still very likely being less than foreign direct investment (FDI) this year, government officials and experts said on July 1.
Recently, foreign banks and other organization forecast that ODI (overseas direct investment) would exceed FDI. However, government officials suggested that it is unlikely to happen soon, especially this year. It is partly because Chinalco’s $19.5 billion didn’t succeed to save Rio Tinto last month, which is the world’s third largest mining enterprise.
Read more…
Popularity: 2% [?]
bank, China, economy, enterprise, investment, organization
According to a Pricewater house Coopers(PwC) survey , those joint venture fund management firms in china, which have large investments of foreign asset management companies, are an increasing threat to wholly owned domestic fund management.
Domestic fund management should hold at least more than 51 percent stake in domestic fund management companies based on the rules made by the china Securities Regulatory Commission. As the survey, which interviewed 29 Read more…
Popularity: 2% [?]
China, competition, economy, firm, fund, survey, venture
REQUEST FOR EXPRESSIONS OF INTEREST
CONSULTANT SERVICES
Wind Power Short Term Forecast Service In Selected Locations of Inner Mongolia
CHINA RENEWABLE ENERGY SCALE-UP PROGRAM
CONSULTING SERVICES
LN 4792-CHA, TF054833
Project ID No: P067625 Read more…
Popularity: 1% [?]
China, economy, expression, interest, location, service
The first State-level demonstration zone for independent innovation construction was constructed in Zhongguancun Science Park in Beijing’s Haidian district on 21st March.
As China’s largest hi-tech breeding nest, Z-park had enjoyed several policies to enhance its advancement, no matter for stock options or financial reform. Moreover, these supportive policies can be endeavored for a whole decade.
The State Council also announced a statement that the scientific and technological pilot programs could be carried out. Read more…
Popularity: 1% [?]
China, construction, economy, innovation, park, science
Even with the worldwide economic downturn, more people are becoming wealthier in China.
According to a report on private property released by China Merchants Bank and consultancy Bain & Company on March, 30, 2009, there will be 320,000 people who each possess at least 10 million yuan ($1.46 million) of assets by the end of 2009, up 6 percent from 2008.
Including cash, stocks, funds, securities and real estate investments, the total assets covered in the report are expected to surpass 9 trillion yuan ($1.29 trillion) in 2009, up 7 percent from 2008.
The survey investigated 700 interviewees by questionnaires or face-to-face interviews. All the respondents had property of at least Read more…
Popularity: 1% [?]
China, crisis, downturn, economy, property, report
A manufacturing plant for laptops will be set up in Chongqing by global computer maker Hewlett Packard (HP) and contract manufacturer of electronic products, Foxconn International Holdings, which plan to jointly invest $3billion, marking the fifth move of HP’s development in Chongqing during the past three years. 
