Copenhagen’s analysts said that any deals at Copenhagen will need to be supported by the world’s two largest emitters.
Senior US expert with the Chinese Academy of Social Sciences Zhou Qi said that China and the US must concrete and practical solution acceptable to both countries and must coordinate, therefore both sides have to make compromises.
The growing concern has Read more…
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The China’s third largest port operator, Dalian Port Co Ltd expects to complete its initial public offering on the Shanghai Stock Exchange within the first half of 2010, Sun Hong, the Chairman of Dalian Port Co Ltd said.
The company was listed in Hong Kong in 2006 which means it will become China’s first port with a dual listing.
And also the Dalian Port is the biggest port operator in Bohai Bay which Read more…
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The Coca-Cola Company officially announced its entrance into China’s dairy beverages market on Monday and after that the company on Friday followed with a remarkable expansion of its largest single investment for strengthening its still beverage business in China.
Coca-cola opened a bottling plant in Wuhan which is the capital of Hubei province with 600 Yuan; it will be operated by the most advanced still beverages producing technology in the Coca-cola system globally.
It’s the 39th facility to bottle Coca-cola’s products across China, and the 10th opened bottling plant for manufacturing Coke’s still Read more…
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The operators of the international airports in Shanghai and Hong Kong formed a joint venture to manage Shanghai Hongqiao international airport which mostly handles China domestic flight.
In this joint venture, Shanghai will pay 51 million Yuan for holding 51% of share and Hong Kong will take the rest of the shares which is 49%, the joint venture was named “Shanghai Hong Kong Airport Management Co. This stake structure would remain unchanged for 20 years from Read more…
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Beijing’s central business district plans to double in size and this plan may involve the relocation of 10,000 households. The government will expand by 3-sq km from the East Third Ring Road near Guomao to the Four Ring Road near Sihui Bridge and it will be completed in the next 6 to 8 years.
This project will attract more major multinational corporations and create 100,000 new jobs. The Chaoyang district government, which is overseeing the project, is keen to turn more Read more…
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An initial agreement of great significance had been made last Thursday. One side is China National Petroleum Corp (CNPC), ranking first in China’s oil and gas production and Britain’s oil power, BP. The other side is Iraq’s Oil Ministry. They signed to develop Rumaila, Iraq’s largest oilfield.
Asim Jihad, Iraq’s Oil Ministry spokesman said that the signed contract should wait for the approval of the cabinet. Then, the ministry would fix the Read more…
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On October.5, China’s top securities regulator made a public speech. Statistics show that by the end of July, 113.8 billion had been raised by China’s domestic enterprises through being listed on overseas stock markets.
According to China Securities Regulatory Commission’s recent numerical statement, by the end of last July, as much as 154 Chinese enterprises had started initial public offering abroad.
In June 1993, Tsingtao Brewery Corp, China’s first corporation listed out Read more…
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On sep.27, a latest announcement was revealed by Fujian provincial authorities. It is announced that in order to further industrial cooperation with Taiwan, Pingtan Island is to be set up as a special economic zone.
Nowadays, Pingtan Island, the fifth largest island in China, attracts the attention of experts from both sides of the straits. Considering its location, the experts are trying to found a new model for the island, which lies 28 km from the provincial capital Fuzhou and about 120 km from Taiwan.
In order to bring benefit for Read more…
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Dear clients,
Thank you very much for your support and concern. This year, October 1st, 2009 marks the 60th anniversary of the founding of People’s Republic of China. And also we will have our traditional festival-Mid-Autumn day, also known as Moon Festival. And these two great events just happen to join together. So we will have a two day holiday from October 1st to October 2nd, October 2nd is our Mid-Autumn day. Mid-Autumn day, in another word, just like your Thanks giving day .It’s a time for family reunion .Now we’d like to give you a full view and introduction about this traditional festival in China. Read more…
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Ctrip.com International Ltd, a top company providing travel service in China, stated on Aug. 15 that its second season net profit rose 33% year on year, reporting total revenues of 508 million yuan, respectively with hotel reservation revenues up to 227 million yuan. This represents a 16 percent increase year-on-year, and a 21 percent increase season to season. Air-ticketing revenues were 222 million yuan, a 32 percent year-on-year growth, and a 20 percent increase quarter to quarter; packaged-tour revenues were 36 million Read more…
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