New Public Hospital Scheduled to be Completed by Next Year
By the end of the next year a new public hospital will be operational and will have 800 beds available and can handle around 4,000 outpatients daily. The hospital is located in Xueyuan Road in...
View ArticleDomestic Car Makers Rushing to Meet the New and Tougher Fuel Economy Rules
Domestic automakers in the country are rushing to build and sell more eco friendly vehicles as these manufacturers are trying to meet the tough fuel economy rules that will be released next year as...
View ArticleSouth Korean Companies to Increase Foreign Direct Investment in China
South Korean firms are speeding up their investments in China up to a third this year, by improving diplomatic ties that will include a pending free trade deal. The South Korean expansion in China is a...
View ArticleAustralia to Work on Signing Free Trade Agreement on Coal with China
After Australia and China signed a free trade pact will see Australian coal to be exempted from new import tariffs that is being imposed by China even when the timing of the deal is still to be...
View ArticleForeign Currency Regulator Show No Signs of Concern on Foreign Exchange Outflows
The country’s foreign currency regulator is showing no concern of the signs of foreign exchange outflows as the economy is still showing signs of slowing down. The foreign exchange regulator stated...
View ArticleShenzhen GDP to Hit Targeted Growth Rate for the First Three Quarters of the...
The city GDP growth rate is said to reach 9.5 percent during the first three quarters which signals a still booming economy. As the national GDP has increased by 7.4 percent also in the first three...
View ArticleChina to Expand Scope to Private Investment in Several Key Sectors
The State Council is planning to expand their scope of private investment in several key sectors this will include transportation and telecom as part of the council’s measures to support the slow...
View ArticleInvesting in China’s Education Industry
China has the longest education tradition of any country. Beginning in the Han Dynasty, education formed the basis of China’s meritocracy for climbing the social ladder into the emperor’s presence....
View ArticleProperty Transactions Help Boost Sales of Homes Due to New Home Loan Policy
Several property transactions in different parts of the city help regain the momentum for the month of October after a slack in performance in September. The change is likely a response to the...
View ArticleChina’s Top Train Makers to Merge to Better Compete with Foreign Makers
China CNR and CSR Corp to of China’s top train makers are planning to create a merger in hopes to create a giant that can be able to complete globally with the Bombardier and Siemens. China created the...
View ArticleCity to Cut Down Gasoline Prices as Global Crude Oil Prices Decreases
The city will likely to cut down on their gasoline and diesel prices as global oil prices decreased over the past week. So far china has cut retail gas prices around six times since July and the last...
View ArticleForeign Internet Companies to Enter China in Accordance to Chinese Law and...
China might be blocking access to Facebook, but it doesn’t mean that the popular social networking media can’t penetrate the country as long as the website learns to follow certain rules. The director...
View ArticleCredit Card Companies to Welcome China’s Plan to Open Market for Credit...
Mastercard and Visa is welcoming China’s plans in opening up the market for clearing domestic bank card transactions as the company stand to gain access to a much larger and growing market that is said...
View ArticleTencent Plans to Use Mobile Services to Connect and Work with Appliances
Shenzhen based and the second largest internet company in China, Tencent Holdings Ltd. is now planning to connect ovens, air conditioners and other appliances to their WeChat and QQ instant messaging...
View ArticleMercedes Benz to Work on Opening a New Research and Development Center in China
Daimler AG will be opening a new research and development center in Beijing is being tasked with the further turning the Mercedes-Benz brand to attract wealthy Chinese and to close the sales gap with...
View ArticleChina to Further Promote the Asia Pacific Free Trade Zone during APEC Meet
China is focusing on promoting a free trade zone across the Pacific during the APEC Meeting that starts today and will last until November 11 in Beijing. The country hopes that they will be making...
View ArticleAdditional Guidelines to Help Support and Modernization of China’s Shipping...
China issued additional guidance for the support and modernization of its shipping industry and further encourages mergers and private investment to develop is cruise industry as well. As the country...
View ArticleChina to Release Funds as President Xi Jinping Pushes to Revive Silk Road...
China is planning to finance the construction of infrastructure that will link markets to foreign countries as President Xi Jinping is pushing with his plans in reviving the century old Silk Road...
View ArticleCanada to Finalize Creation of Yuan Clearing Hub
Canada is expected to finalize the setting up of a yuan clearing hub in the country. Later this week both China and Canada are expected to finalize and proceed to announce the currency hub. The planned...
View ArticleRestrictions on Live Poultry Sales to be Extended to More Cities
To further control the spread of bird flu the government of Guangdong will be restricting the sales of live poultry in several more cities found in the Pearl River Delta. According to the director of...
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