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AVIC signs strategic agreement with Beijing gov’tPublished: 03 Mar 2009 00:00:00 PSTMar. 3, 2009 (China Knowledge) – State-owned Aviation Industry Corp of China (AVIC), the country’s leading aviation manufacturer, signed a strategic cooperation agreement with Beijing municipal government on Monday, the China Business News reported.Under the terms of the agreement, the two sides will jointly set up an engine company, an aircraft system company and a composite material company in Beijing, which involve total investment of RMB 21 billion. The registered capital for the three entities totaled RMB 11.5 billion, according to the report.Gou Zhongwen, vice mayor of Beijing, noted that the two sides will team up to build an aviation technology industry base in the city and expects to further develop the aviation sector in China’s capital city.As of the end of 2008, AVIC’s engine and system companies had total assets of RMB 51 billion and RMB 43.4 billion, respectively, said the report.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newslithium battery 香港花店 风机 cheap kitchen cabinets 老房子 Superannuation 烘箱

BoComm p 通風設備 lans to issue up to RMB 80 bln subordinated bonds
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BoComm plans to issue up to RMB 80 bln subordinated bondsPublished: 10 Feb 2009 00:00:00 PSTFeb. 10, 2009 (China Knowledge) – Bank of Communications (BoComm)<601328><3328>, partly owned by HSBC Holdings Plc<5><HBC>, has agreed to issue up to RMB 80 billion (US$11.71 billion) subordinated bonds on the interbank market from 2009 to 2011, according to market sources.BoComm plans to float up to RMB 30 billion subordinated bonds this year, the bank said in a statement filed with the Hong Kong Stock Exchange (HKEx), adding that the maturity period of the bonds is set to be five years or longer.The proceeds from the insurance will be mainly used to optimize financial structure and help fund the bank’s medium and long-term development of assets management businesses. The bonds offering plan is still subject to approval from both shareholders and regulators.H-shares of BoComm edged up 1.83% to close at HK$5.55 on Monday. Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newslithium polymer 乳化机 超声波清洗机 RTA cabinets OA furniture legs dental bearings

CSG to i power inverter ssue RMB 600 mln in financing bills
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CSG to issue RMB 600 mln in financing billsPublished: 24 Aug 2009 00:19:03 PSTTop 5 News From ChinaKnowledge.comHang Seng Index opens 450 points higher on MonChina, Australia resume free trade talksCanon aims to boost digital camera sales in ChinaYingli Green Energy suffers nearly RMB 400-mln loss in Q2CCB posts 11.7% growth in Q2 net profitAug. 24, 2009 (China Knowledge) – CSG Holding Co Ltd<000012><200012>, China’s leading glass manufacturer, announced that it will issue RMB 600 million in financing bills with a maturity of 365 days on Aug. 27. This batch of bills will be issued on the interbank market at face value, and the yield will be determined during the process of book building, according to the company’s statement. The value date and payment due date will be Aug. 28. The bills will become tradable on Aug. 31. The proceeds from the issuance will be used to replenish the firm’s working capital, repay bank loans and optimize the company’s financing structure. China Cheng Xin International Credit Rating Co has rated the issuer and the bills AA and A-1, respectively. China Construction Bank Co<601939><0939> has been hired as the major underwriter for the sale.Copyright © 2009 http://www.chinaknowledge.comlithium battery 乳化机 超声波 实验室家具 除湿机 Share trading 搅拌机

BOC to o iron oxide ffer RMB 6 bln in loans to SMEs via Alibaba
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BOC to offer RMB 6 bln in loans to SMEs via AlibabaPublished: 26 Jul 2009 19:50:49 PSTTop 5 News From ChinaKnowledge.comBYD to raise RMB 2.85 bln via A share placementChina CITIC Bank applies to establish auto financing firmHang Seng Index opens 188 points higher on MonBeijing Capital Land’s H1 contracted sales revenue skyrocketsBaidu’s revenue jumps 37% to RMB 1.1 bln in Q2Jul. 27, 2009 (China Knowledge) – Bank of China<601988><3988>, the largest foreign exchange lender in China, will cooperate with Alibaba Group, the parent of Alibaba.com Ltd<1688>, the world’s largest online B2B marketplace, to offer up to RMB 6 billion in loans this year to the latter’s customers, the Standard reported on Friday.More than 9,000 mainland small and medium-sized enterprises, many of which are small exporters hit hard by the global financial crisis, have requested loans through Alibaba so far this year. Last year, 600 SMEs obtained a total of more than US$146 million in loans from Industrial and Commercial Bank of China<601398><1398> and China Construction Bank<601939><939>.Seven more banks, including BOC, China Merchants Bank Co Ltd<600036><3968> and Shanghai Pudong Development Bank<600000>, joined the program this year.Alibaba launched the loan assistance program in Zhejiang Province last year and has expanded the program this year to Guangdong Province, Shandong Province, Jiangsu Province and some coastal cities such as Shanghai and Shenzhen.Copyright © 2009 http://www.chinaknowledge.com深圳装饰公司 电炉 物流公司 激光打标机 北京翻译公司 外汇保证金 Rift platinum

AVIC set Solar street light s up aircraft-producing company in Xi’an
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AVIC sets up aircraft-producing company in Xi’anPublished: 19 Feb 2009 18:42:13 PSTFeb. 19, 2009 (China Knowledge) – The Aviation Industry Corp of China (AVIC), the country’s leading aviation manufacturer, Wednesday launched an aircraft production company in Xi’an, the capital city of northeast Shaanxi Province, the China Daily reported.The new company, namely AVIC Aircraft Corp Ltd, will produce parts for the home-grown jumbo jet project, said Lin Zuoming, the general manager of AVIC, adding that the new company will also be engaged in the design and manufacture of large and medium-sized transporters, bombers and aircrafts with special purpose.According to the report, the newly-established company, which has total assets of RMB 33.5 billion, a registered capital of RMB 12 billion and 35,000 employees, is composed of AVIC No.1 Aircraft Design Institute, Xi’an Aircraft Industry (Group) Co Ltd, and Shaanxi Aircraft Industry (Group) Co Ltd, which manufacture Yun-8, the largest transporter developed in China so far.AVIC currently fully owns AVIC Aircraft Corp Ltd and it will seek for strategic investors within a year, said Lin. Shaanxi provincial government may investment RMB 1 billion into the new company and become a shareholder, according to the report.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newscar sun shades 深圳搬家 深圳搬家公司 短信群发 Aloe vera solid wood kitchen cabinets 纯水设备

China’s montres pas chères urban fixed asset investment up 27.2% in Jan-Oct
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China’s urban fixed asset investment up 27.2% in Jan-OctPublished: 14 Nov 2008 02:03:44 PST Nov. 14, 2008 (China Knowledge) – China’s urban fixed asset investment rose 27.2% year-on-year to RMB 11.32 trillion in the first ten months of this year, according to the National Bureau of Statistics (NBS) on Friday. Of the total, fixed-asset investment in state-owned or state-funded enterprises reached RMB 4.71 trillion, up 21.3% over the same period a year ago. And RMB 2.39 trillion were invested in the real estate sector, a year-on-year increase of 24.6%. The statistics also showed investment in projects invested by the central government and local government climbed 28.7% and 27.1% from a year earlier to RMB 1.1365 trillion and RMB 10.1824 trillion respectively. Investment in the primary, secondary and tertiary industry reached RMB 173.2 billion, RMB 5.0759 trillion and RMB 6.0698 trillion, representing a year-on-year increase of 61.8%, 30% and 24.3%, respectively. In terms of industries, investment in mining and ore washing rose 41% to RMB 177.3 billion, and that in production and supply of electric power and heat power was RMB 697.9 billion, up 16% over the same period of last year. Meanwhile, RMB 222.2 billion were invested in railway transportation sector, up 39.8% year on year, and investment in the exploration of petroleum and natural gas went up 34.4% to RMB 193.6 billion. Copyright © 2008 http://www.chinaknowledge.com Send feedback or comments to: news@chinaknowledge.com For more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related Topics China News 风机 深圳搬家公司 lithium batteries 翻译公司 电磁流量计 kitchen cabinetry クレジットカード 現金化 口コミ

China to Machine à couper unveil entry criteria for new steel, cement firms
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China to unveil entry criteria for new steel, cement firmsPublished: 04 Dec 2009 01:37:14 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketDec. 4, 2009 (China Knowledge) – The National Development and Reform Commission and Ministry of Industry and Information Technology yesterday held a press conference on restraining overcapacity and redundant projects in the steel and cement industries.The China Iron and Steel Association said that it has finished collecting suggestions for entry criteria for the steel industry, and that it will release the criteria this week. The MIIT predicted that 21 million tons of outdated iron output capacity and 16 million tons of outdated steel output capacity will be eliminated this year. During the first ten months of this year, the iron and steel industry realized a net profit of RMB 37.59 billion.Copyright © 2009 http://www.chinaknowledge.com除湿机 自清洗过滤器 芦荟 深圳装饰 电磁流量计 クレジットカード ショッピング 現金化 净化工程

Sinoepc rubber keychain starts gasoline hydrofining project in Jiujiang
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Sinoepc starts gasoline hydrofining project in JiujiangPublished: 28 May 2009 23:12:02 PSTTop 5 News From ChinaKnowledge.comIMG, CCTV start operation of sports JVNan Shan Life Insurance buys commercial building in TaipeiCapital Group cuts stake in China Shenhua EnergyGiant Interactive Group reaps US$33.9-mln net profit in Q1Hang Seng Index opens 143 points higher on FriMay. 29, 2009 (China Knowledge) – Sinopec<600028><0386><SNP>, the largest refiner in Asia by capacity, on May 25 started construction of a gasoline hydrofining project worth RMB 167 million in Jiujiang City, Jiangxi Province, sources reported.The project, to be completed in January 2010, will reduce the sulfur content of gasoline to 0.015% from 0.05% using a hydrogen-based refining process. The estimated gasoline output of the project is 900,000 tons a year or 18,000 barrels a day.Last year, Sinopec completed the expansion of its Jiujiang branch, which now has a crude oil processing capacity of 6.5 million tons a year or 130,000 barrels a day. At the end of this year, China will adopt a third phase of emission standards, similar to Euro III standards in Europe, to produce more high quality gasoline. Copyright © 2009 http://www.chinaknowledge.com喷嘴 工作流 air conditioner motor 外墙清洗 滤油机 passenger elevator 烘箱

BOC appr Molded Case Circuit Breaker oved to buy stake in Heng An Standard Life
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BOC approved to buy stake in Heng An Standard LifePublished: 10 Sep 2009 22:00:21 PSTTop 5 News From ChinaKnowledge.comShell push for local production of coal gasification equipmentBAIC to buy minority stake in Koenigsegg GroupFar East Consortium buys land in SingaporeChina’s retail sales up 15.4% in AugCCB International to launch 1st RMB PE fund: reportSep. 11, 2009 (China Knowledge) – Bank of China<601988><3988>, the country’s largest foreign exchange lender, has secured approval from the China Insurance Regulatory Commission to buy a controlling stake in Tianjin-based Heng An Standard Life, sources reported. The insurance watchdog said in a statement that the acquisition will be made through BOC’s wholly-owned subsidiary BOC Insurance Co. Heng An Standard is a 50-50 joint venture owned by Standard Life, UK’s fourth largest life insurance firm, and China’s state-owned investment agency TEDA International Holding (Group) Co. Earlier media reports said the Chinese lender planned to acquire a 50% stake or about 25% each from Standard Life and TEDA International. Heng An Standard Life, set up in December 2003 with a registered capital of RMB 1.3 billion, has eight branches outside Tianjin.Copyright © 2009 http://www.chinaknowledge.comlithium battery 弹簧 外汇保证金交易 翻译公司 外汇交易 热处理设备 冷热冲击试验箱

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CITS sets up East China headquartersPublished: 26 Nov 2008 01:50:04 PSTNov. 26, 2008 (China Knowledge) – China International Travel Service (CITS), the largest comprehensive travel agency in China, has established its regional headquarters in East China. CITS plans to spend RMB 40 million for the new headquarter to set up and invest in units in the eastern region, including Shanghai, Jiangsu, Zhejiang, Jiangxi, Anhui and Fujian, so as to expand its businesses development of inbound tours, outbound tours and the MICE secotr in the region.The move is an important step in the company’s structural development strategy of ”one head office, three business centers and three regional headquarters ”.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina NewsFAX DM 弹簧 in stock kitchen cabinets skateboard bearings 北京翻译公司 passenger elevator lipo battery 负压风机

UPDATE 1 kitchen faucet -China loans 250-300 bln yuan in Oct -reports
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UPDATE 1-China loans 250-300 bln yuan in Oct -reportsPublished: 10 Nov 2009 18:00:48 PST BEIJING, Nov 11 – Chinese banks extended less than300 billion yuan ($44 billion) in new local-currency loans lastmonth, the China Securities Journal reported. China Business News said the figure was around 250 billionyuan — which would be less than half the 516.7 billion yuan thatbanks lent in September. The papers gave no sources. Media reports last week put the figure at 300-400 billionyuan. The central bank is expected to issue the loan figures onWednesday and by the end of the week at the latest. washing machine spare parts 港澳游 激光切割机 monolithic refractories miniature bearings XP系统下载 深圳装修公司 湿帘

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Hang Seng Index up 3.06% on TuePublished: 19 May 2009 02:30:14 PSTTop 5 News From ChinaKnowledge.comChina’s power use fell 4% in Jan-AprChina Unicom to develop Google Android mobile phoneChina Yangtze Power to buy assets from Three GorgesSOHO China allowed to acquire RMB 1.77-bln in Beijing propertiesHang Seng Index opens 431 points higher on TueMay 19, 2009 (China Knowledge) – Hong Kong stocks rose on Tuesday, and the Hang Seng Index, the benchmark, opened 431.32 points higher at 17,454.23. After touching the intraday low of 17,376.43 points, the blue-chip Hang Seng Index rose 521.12 points or 3.06% to close at 17,544.03.Mainboard turnover rose to HK$83.723 billion. The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, swelled 280.27 points or 2.86% to 10,072.51 points. Market heavyweight HSBC Holdings Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng Index, increased 6.29% to HK$68.35. Hutch Tele HK<0215> soared 17.28% to HK$0.95. Oil stocks led the upward trend on Tuesday. CNOOC Ltd<0883><CEO> rose 5.43% to HK$10.48. China Oilfield Service Ltd<601808><2883> swelled 6.15% to HK$7.97. Sinopec Shanghai Petrochemical Co Ltd<600688><0338><SHI> rose 9.84% to HK$2.90. CNPC (Hong Kong) Ltd<0135> grew 0.79% to HK$5.05.Sinopec<600028><0386><SNP>, the largest refiner in Asia by capacity, rose 3.74% to HK$6.37. PetroChina<601857><0857><PTR>, the country’s largest oil producer, swelled 4.96% to HK$8.45.Real estate stocks ended mixed. SOHO China Ltd<0410> decreased 3.16% to HK$4.90. Sun Hung Kai Properties<0016> went up 1.14% and closed at HK$83.85. Cheung Kong (Holdings) Ltd<0001> swelled 0.94% to HK$85.60. Hutchison Whampoa Ltd<0013> rose 1.22% to HK$53.90. Hopson Development Holdings Ltd<0754> swelled 3.48% to HK$10.70. Henderson Land Development Co Ltd<0012> rose 3.24% to HK$39.75. Agile Property Holdings Ltd<3383> swelled 1.21% to HK$8.34. Airline stocks also ended mixed today. Air China Ltd<601111><0753> slid 0.78% to HK$3.79. China Eastern Airlines Co Ltd<600115><0670><CEA> went up 3.49% and closed at HK$1.48. China Southern Airlines Ltd<600029><1055><ZNH> swelled 1.52% to HK$2.00. Cathay Pacific Airways Ltd<0293> grew 3.55% to HK$10.48.Bank stocks were gainers. Bank of China<601988><3988> rose 1.71% to HK$2.97. Industrial and Commercial Bank of China<601398><1398> increased 1.68% to HK$4.84. China Construction Bank<601939><0939> swelled 1.01% to HK$4.98. China Merchants Bank<600036><3968> rose 3.60% to HK$14.96. China CITIC Bank Co Ltd<601998><0998>went up 3.73% and closed at HK$4.44. Bank of Communications<601328><3328> swelled 3.15% to HK$7.00. Hang Seng Bank<0011> swelled 0.90% to HK$100.70. Copyright © 2009 http://www.chinaknowledge.comkitchen cabinets on sale 港澳游 弹簧 refractories castable 过滤器 老房子 Aloe vera Asian Escort london

CRISIS F TV phone OCUS: Confidence in China
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CRISIS FOCUS: Confidence in China Published: 10 Feb 2009 18:25:38 PSTChina provided a source of optimism among the global leaders and economists who attended the annual World Economic Forum in Davos last month, despite the gloomy outlook for the global economy. China’s economy would pick up in the second half of 2009 and witness a robust rebound in 2010, said Stephen Roach, Chairman of Morgan Stanley Asia, in an exclusive interview with Xinhua News Agency on January 29. Edited excerpts of his comments during this interview and on other occasions during the Davos forum follow.Focus on domestic consumersChina’s GDP growth will be below 8 percent in the first half of this year. That is because China has been tied closely with the global economy and has not gotten special relief from the global shock. The main driving force of China’s rapid GDP growth in recent years has been exports, but now China’s exports are sliding. Even though Chinese companies are improving their positions and maintaining their competitiveness, there is nothing they can do to stimulate the demand of countries such as the United States, Japan and European countries. But China’s economy will be much better than those of many other countries in the world and is expected to pick up in the second half of this year. The Chinese Government is certainly doing its best to stimulate the economy, reduce its dependence on exports and rely more on domestic consumer demand to fuel its growth. It is just a question of how effective that stimulus will be. The most important thing for China to do now is to focus on domestic consumers, increasing their income and spurring domestic spending. In addition to increasing spending on infrastructure, China should dramatically expand investment in social security, pensions, unemployment insurance and health care.Wrong time for the U.S. to push China on yuanThe United States picked the wrong time to pressure China to strengthen the yuan, because China’s economy is actually contracting quarter on quarter. China is going through a very difficult period. This is the wrong time for the U.S. Treasury Secretary to turn belligerent on the Chinese currency, because a country that is contracting does not take kindly to its major trading partners saying it has to increase the value of its currency. The world economy at large is likely to contract in 2009 for the first time since World War II.Demand from U.S. consumers, for many years the main driver of global growth, was in steep decline, while on the supply side, China had seen its economy shrink during the last quarter of 2008. The economies of the rest of Asia had become China-centric, and now that China’s economy has ”hit a wall,” exports have plummeted 42 percent in Taiwan and 35 percent in Japan.Anemic global growthThis is going to be the most difficult year for the global economy since the end of World War II. We will probably see a recovery next year, but the recovery will be a weak one, an anemic one, and subject to a periodic relapse. Over the next three years, the global growth rate will be very weak averaging only about 2.5 percent. We are in a tough climate, and we see a lot of policy stimulus going on, but there is no guarantee that the stimulus measures will get traction in the real economy, because the real economy ended up being devastated by the bursting of asset bubbles. And that devastation does not go away overnight just because we have created a good bank out of a bad bank.Source： Beijing Review门禁 弹簧 oa办公系统 refractories china lithium polymer 网络电话 冷热冲击试验箱 bldc motor

SAIC-GM- maillots de bain pas cher Wuling monthly sales exceed 100,000 units in May
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SAIC-GM-Wuling monthly sales exceed 100,000 units in MayPublished: 04 Jun 2009 23:29:28 PSTTop 5 News From ChinaKnowledge.comHK tycoon Richard Li may buy into AIG unitLenovo launches Global Education Research programUBS raises stake in China Molybdenum to 6.07%China Exim Bank lends RMB 40 bln in Jan-MayHang Seng Index opens 171 points higher on FriJun. 5, 2009 (China Knowledge) – SAIC-GM-Wuling Automobile Co Ltd, General Motor Corp’s mini-commercial vehicle joint venture in China, said its vehicle sales hit a monthly record of 100,258 units in May, according to a statement released on the company’s website.In the period from January to May, vehicle sales jumped 49% year on year to 442,000 units, the auto maker said in the statement.The auto maker attributed the sales boom to the increasing demand for mini-commercial vehicles under its Chevrolet and Wuling brands. Demand for such vehicles was mainly boosted by the government’s stimulus measures to encourage vehicle purchases in the country’s rural areas and by government tax cuts on purchases of small cars.SAIC-GM-Wuling said it is confident that the mini-commercial car market has the potential to grow this year as the stimulus measures began to take effect and the domestic auto market begins to show signs of recovery.The automaker last month raised its vehicle sales target for 2009 to 800,000 units from the previously announced target of 750,000 units, according to previous reports.GM’s overall sales in China hit a record high of 671,148 units in the first five months of this year, up 33.8% year on year.Copyright © 2009 http://www.chinaknowledge.comlithium 3.6V battery kitchen cabinets for sale lithium batteries launch x431 diagun surge arrester 北京翻译公司 风机箱 离心风机

Shaanxi’ gilet sans manche s Rise
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Shaanxi’s Rise Published: 19 Apr 2009 17:23:41 PSTShaanxi is considered one of the cradles of the Chinese civilization. In 2008, Shaanxi’s GDP increased 15.6 percent, posting the fourth fastest increase of all China’s provinces. Despite the ongoing economic crisis, Shaanxi has been preparing itself for the next round of economic growth. HIGH HOPES: Jing Junhai, Vice Governor of Shaanxi Province, says the energy, chemical, equipment manufacturing, and hi-tech industries will be the ”leading forces” of the province’s further economic development (LIU XINLIAN)Jing Junhai, Vice Governor of Shaanxi Province, sums up Shaanxi’s advantages in six areas, namely its long history, rich resources, strong education and science programs, good environment, fast development and great opportunities for further social and economic development.Shaanxi is one of the provinces with the richest mineral resources with its considerably large quantities and wide varieties. It has 91 types of mineral resources, among which the proven reserve of 58 types ranks in the top 10 in China. Proven reserves show that the potential value of mineral reserves in Shaanxi exceeds 42 trillion yuan ($6.2 trillion), or nearly one third of the total amount in China, ranking first in the country in this regard, Jing said.With more than 1,000 academic institutions, 126 universities and more than 1.1 million scientists and engineers working in various fields, Shaanxi’s comprehensive strength in science and education has always taken a leading position in China, Jing said.With its tremendous development in highway traffic, railway construction and aviation, Shaanxi has increasingly become west China’s transportation hub. By 2008, the total mileage of expressways in Shaanxi reached 2,467 km, ranking first in west China. The second-stage expansion project of Xi’an Xianyang International Airport will turn it into the fourth largest aviation hub of the country behind airports in Beijing, Shanghai and Guangzhou.Fighting the crisisDespite its achievements, Shaanxi has been impacted by the global economic crisis and lowered its economic development goals for 2009. Its provincial government has forecasted a 13-percent GDP growth rate for 2009-still the highest among all the provinces.”We know it will bring about a lot of pressure,” Jing said. Economic performance in the first quarter was not as good as the same period last year.When asked how the province would achieve the goal, Jing pointed to Shaanxi’s abundant energy resources and said the energy, chemical, equipment manufacturing, and hi-tech industries would be the pillar industries and ”leading forces” of the province’s economic development.He also stressed the importance of the transformation of the province’s economic development model. In the past, Shaanxi used to sell raw coal, but in the future, it would sell coal-generated electricity and develop a coal chemical industry and oil chemical industry, all of which would prolong its industrial chain and add value to its raw material, Jing said. The development of energy chemical industry would produce more opportunities for the equipment manufacturing industry-an advantageous industry for Shaanxi-he said.Jing also emphasized the role that the aircraft industry would play in Shaanxi’s equipment manufacturing industry. In the future, Shaanxi would produce 20 percent of China’s large-scale passenger planes and most of its large-scale cargo aircraft, he said.Jing said that by focusing on increasing investment, tackling the difficulties in industrial development, working hard to promote consumption and attracting investment, Shaanxi would achieve its 13-percent GDP growth goal for this year.”If we say that in the past 30 years, there have been great spaces and opportunities [for economic growth] in east China, I think it is alsoOA系统 カード 現金化 比較 lithium batteries autoboss V30 MBA 有机玻璃 减速机 环保空调

RPT-FEAT chemical pump URE-China businesses turn to pawn shops as loans dry up
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RPT-FEATURE-China businesses turn to pawn shops as loans dry upPublished: 19 Feb 2009 17:57:28 PST SHANGHAI, Feb 19 – When Chinese businessman RogerZhang needed a bridging loan for his steel company, he went toa pawn shop to get a cash flow injection to keep his businessafloat. Turned away by banks caught in the credit crunch, Roger, likemany Chinese businessmen, borrows from pawn shops instead. Inthis case, he paid off the loan a few days later when acustomer made payment on a big steel purchase. ”The financial crisis has an obvious impact on ourbusinesses. There’s a shortage of liquidity in the market,”said Zhang, whose business is in Wenzhou, in eastern China. With China’s economy stumbling along at its slowest growthin seven years and banks wary of lending as defaults rise,small business operators are hocking belongings and companyassets for loans from pawn shops. ”Banks are reluctant to lend,” said Huang Jing, deputybusiness manager at Shanghai Oriental, the city’ssecond-biggest pawn shop. ”But we have a lower threshold andcan provide loans much more quickly and with shorter terms”. Banned at the start of the cultural revolution, pawn shopswere considered a form of capitalist exploitation preying onpoor and desperate people. They remained outlawed for twodecades, until 1987, but they are now doing a brisk trade. From gold bullion to houses and factory equipment,customers are offering all sorts of assets to get loans frompawn shops. An auto dealer pawned his downtown apartment against a 4million yuan ($585,000) credit line to secure funds for hisbusiness. A real estate developer gave his unsold properties ascollateral to get an emergency loan while waiting to securebank funds. And a construction company owner hocked his villato get a loan to pay workers’ salaries. They are all typical of a growing number of business ownersin China taking out pawn shop loans to maintain cash flow as aneconomic slowdown hurts sales and as banks become more cautioustowards small lenders. ”The financial crisis has squeezed liquidity, and manycompanies face an acute shortage of cash. That’s why demand hasincreased,” said Martine Ma, general manager of ShanghaiHengtong Pawn Broking Co. ”On the other hand, risks have alsoincreased.” RISKS, RIVALS At pawn shops, as well as banks, loan defaults are on therise. Thousands of small businesses in China have folded in theglobal downturn, which has sent China’s exports plummeting by17.5 percent in January compared to a year earlier. Meanwhile, the value of many items used as collateral forpawn shop loans, such as gold and copper, has plunged. Pawn shops also face intensified competition as thegovernment hands out more licences and encourages thedevelopment of other non-bank lenders, such as small loancompanies, to support China’s struggling private sector. Sunny Loan Top Co, China’s only listed pawn shop, estimatesthat its 2008 net profit dropped as much as 50 percent on assetwrite-offs after several major clients, hit by the economiccrisis, defaulted on their loans. ”The economic crisis is not a blessing for all pawn shops,”said Wei Tao, an analyst at China Securities Co. ”Althoughbusiness has increased, asset quality is deteriorating ascompanies go bankrupt due to the economic problems.” Si弹簧 elevator manufacturer クレジットカード 現金化 比較 kitchen cabinets online car sun shades 冷热冲击试验机 管理咨询 搅拌机

Pudong A electronic gadgets irport bonded area approved
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Pudong Airport bonded area approvedPublished: 10 Aug 2009 21:51:05 PSTTop 5 News From ChinaKnowledge.comDuke Energy, Huaneng Group ink renewable energy MOUCNPC to invest RMB 3 bln in coal gas developmentZijin Mining H1 net profit up 11%Hang Seng Bank may increase investment in mainland ChinaChina Everbright Bank’s H1 net profit hits RMB 3.43 blnAug. 11, 2009 (China Knowledge) – The municipal government of Shanghai has obtained approval from the State Council, China’s cabinet, to build a bonded area in Shanghai Pudong International Airport, said a local official, the official Xinhua News Agency reported on Monday.The tax-free bonded area will be the first bonded area at an airport in mainland China and will cover an area of about 4 square kilometers, according to the report.The move will help Shanghai become an international center for shipping, said Chen Xuyuan, president of Shanghai International Port (Group) Co.Shanghai Pudong International Airport is a major aviation hub in Asia, particularly in the East Asian region. It is the main hub for China Eastern Airlines Ltd<600115><0670><CEA>, the country’s third-largest carrier, and for Shanghai Airlines Co Ltd<600591>.The airport handled 2.63 million tons of cargo in 2008. It is the third-busiest airport in the world in terms of freight traffic. It handled a total of 28.24 million passengers last year, making the airport the busiest one in mainland China.Copyright © 2009 http://www.chinaknowledge.com工作流 china elevator 深圳装修 喷丝板 car sun shades 深圳装修公司 弹簧 kitchen accessories

Getting miniature bearings used to Chinglish: be careful about 鈥榶es鈥� and 鈥榥o鈥�
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Getting used to Chinglish: be careful about 鈥榶es鈥� and 鈥榥o鈥�Published: 22 Jun 2009 05:02:01 PSTBy Michael Knapp Saturday morning two friends chat. One is Chinese, the other American.American: “Tomorrow isn’t Sunday?”Chinese: “No.”“No” to the Chinese person and “no” to the American don’t always mean the same thing.I’ve traveled to several countries and rarely had difficulty finding English speakers. There were plenty of pronunciation and grammar errors, but most could communicate in English well enough to convey their meanings. China, too, is a country where lots of people can communicate with foreign visitors. Most Chinese can get their meanings across pretty well, but there’s one exception: “Yes” and “no.”Occasionally I’ve asked questions like, “So, tomorrow we don’t have classes because of the holiday?” The next day is to be a normal work day, but my students answer, “No.” After 10 years here, I’m almost used to this, but when I first came to this great country, answers like this confused me. I was glad to hear about classes being canceled, but later, when I discovered there actually was no day off, I thought my students had purposely tried to deceive me into giving them a free day.In English, “Yes” means yes. The correct answer to, “Tomorrow we don’t have classes?” is “Yes.” Yes, we have class. But, to those who speak Chinglish, “Yes” means, Yes, I agree with you. So, yes, to this question, for the Chinglish speaker, is “Yes, we don’t have class tomorrow.” Imagine how much trouble I would have been in with my school if I hadn’t gone to class the next day. I would tell my superiors, “My students said there is no class.”But, after questioning the students, in Chinese of course, they would discover that the students actually told me – in Chinglish – there is indeed class. Thankfully, before that afternoon, I was told by the office, in normal English, that class would not be canceled.Compare the two possible outcomes: I wonder how many visitors to China have lost their way because of this terrible mistake. Imagine a Canadian couple walking down the street looking for the train station. Seeing a Chinese student they inquire, “Excuse me, can you speak English.”“Yes I can,” the student replies, “How can I help you?”“We’re looking for the train station. Are we on the correct street?”“Yes you are,” answers the girl, “it’s that way about 10 minutes.”“So,” asks the foreigner, “I don’t need to turn left at the next street?”“Yes.” The self-confident Chinese person believes her answer is correct. The Canadians walk ahead for three minutes and then turn left at the next crossing. They get lost and arrive at the train station late. What happened?The kind Chinese girl makes one simple error and the couple misses their train. They think the girl lied to them, but in fact, they hadn’t been in China long enough to understand Chinglish. The student meant, “Yes, you don’t have to turn left,” but to the Canadians, “yes” meant, “Yes, you must turn left.”A British man and a Chinese girl fall in love and hope to get married. During a small argument, the Englishman shouts, “So, you don’t want to marry me?”She cries out, “No!” Assuming she doesn’t wish to marry to him, he says “goodbye,” and walks out of her life forever. She simply meant, “No, I don’t agree – in fact, I do want to marry you.” But, to the native English speaker, “no” means no. No, I don’t want to marry you. Both hearts are broken because of a simple, but very costly, grammar mistake. If you want foreigners to understand you, never, never make this mistake. Remember, “yes” means yes and “no” means no!Explore the World, Understand C工作流 panoramic elevator 深圳罗湖搬家 深圳装饰公司 冷风机 深圳南山搬家公司 过滤机 bathroom vanities

China’s through conduit gate valve online game revenue up 76.6% in 2008
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China’s online game revenue up 76.6% in 2008Published: 15 Jan 2009 00:00:00 PSTJan. 15, 2009 (China Knowledge) – China’s online game market reaped sales revenue of RMB 18.38 billion in 2008, representing an increment of 76.6% from a year earlier, according to a latest industry report.Sales revenue from domestically designed online games surged 60% to RMB 11.01 billion during the year, accounting for 59.9% of the total.Meanwhile, direct income of telecommunications services brought by the online games rose 20% from a year earlier to RMB 3.13 billion.It is estimated the population of online gamers will reach 94.53 million by 2013 with industry sales revenue hitting RMB 39.76 billion, the report said. Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News弹簧 クレジット 現金化 深圳福田搬家公司 上海翻译公司 rta kitchen cabinets 冷热冲击试验机 外匯買賣 kitchen cabinets wholesale

HK’s Exc led street light hange Fund assets down to HK$1.34 trln at end-Oct
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HK’s Exchange Fund assets down to HK$1.34 trln at end-OctPublished: 01 Dec 2008 02:53:24 PSTDec. 1, 2008 (China Knowledge) – Hong Kong saw its Exchange Fund assets totaling HK$1.34 trillion as of the end of October this year, down HK$87.7 billion from the end of September, according to Hong Kong Monetary Authority (HKMA).A decrease of HK$50.2 billion and HK$37.5 billion was recorded in the foreign currency assets and Hong Kong dollar assets respectively.The decline in foreign currency assets was mainly due to valuation losses on foreign currency investments, redemption of Certificates of Indebtedness and a decrease in repurchase agreements outstanding, while the decreases were partly offset by purchases of foreign currencies with Hong Kong dollars, according to HKMA.The drop in Hong Kong dollar assets was mainly ascribed to valuation losses on Hong Kong equities held by the Exchange Fund, sale of Hong Kong dollars for foreign currencies, pick-up of fiscal reserve and a decline in bank borrowings, while the declines were partly eroded by an increase in the balance of the banking system, the Authority said.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News门禁 lithium polymer クレジットカード 現金化 口コミ 北京翻译公司 ready to assemble kitchen cabinets 除湿机 外匯買賣 kitchen cabinets