Archive for News
Feb 26, Chinese less care about the world issues
Chinese people less care about the world issues than that westerns.
Once at a party, all participants were required to create some ideas to help those who needed to be helped, like kind of charity.
I found that most westerners thought of war, African children,etc., all kinds of world issues. But those Chinese only paid attention China national issues such as setting up Hope Primary School, solving West of China sources transfering to East of China,etc.
Yesterday my Taiwan friend and I had a meeting with two English suppliers. My Taiwan friend asked the older one about his view of life and the world.
That Englishman said” This world is booshit! Full of wars and crimes, there are things such as terrors,Afghanistan,etc. The lucky is that I have enough money to support families.”
You see, his view of life is tightly related to the world. But on the other hand, we can see that China hasn’t totally integrated into the world.
Feb 11, China 10 Economy Forecast in 2007
China 10 Economy Forecast in 2007 shows you 2007 economy trend on Consumption,Price,Trade,Investment,Security,Finance,Fiscal policy,Industrial Economy,etc.
Feb 4, China outlines new policies for finance industry
the third national financial work conference unveiling a package of policies aimed at improving the country’s financial health
Feb 1, Should drive Starbucks out of the Forbidden City
There is no Chinese law or international convention that says a World Heritage site should not have good restaurants or coffee shops. (Zhou Lin, law professor at the Chinese Academy of Social Sciences)
The Forbidden City is a heritage of the world. It doesn’t matter if the coffee shop is American, British or Ethiopian as long as it is harmless. (Chen Yu, conservation expert at the National Museum of China)
– TV host Rui Chenggang initiated an online campaign recently to drive Starbucks out of the Forbidden City, saying “it is not globalizing, but trampling Chinese culture,” which had won a large number of enthusiastic supporters.
Sina
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Jan 31, Inner Mongolia may replace Shanxi to become China’s largest coal
North China’s Inner Mongolia Autonomous Region may replace its neighbor Shanxi Province as the country’s largest coal reserve, an official has said.
A major geological survey in the region since June 2004 has led to the discovery of new coalfields which could lift coal reserves by a massive 319 billion tons, said Bai Dun, director of the Inner Mongolia Department of Land and Resources.
With the new finds, the region’s coal reserves might break the 500 billion ton mark, which means it would outrank Shanxi Province, the official added.
Inner Mongolia currently ranks second in China in terms of coal reserves with 220 billion tons, nudged out by Shanxi with 250 billion tons.
The region produced 260 million tons of coal in 2005 and produced even more last year, though the exact figure is not yet available, Bai said.
It invested 2.78 billion yuan (US$356 million) last year in geological exploration, doubling the investment between 2001 and 2005, on 170,000 square kilometers of land.
The 6.4-billion-ton Baiyanhua coalfield and five big 10-billion-ton coalfields in Xilin Gol were discovered last year.
Xin Hua
Jan 31, China’s CPI to rise 2.5 this year
China’s consumer price index (CPI)is expected to climb 2.5 percent in 2007, according to a forecast of the Ministry of Commerce.
CPI went up 1.5 percent year-on-year in 2006, slightly lower than the 1.8 percent a year earlier.
High gasoline price is a major cause of consumer price hike, said an official with the ministry’s department of market operation regulation, which issued the forecast.
He said some goods may experience big price hikes in case of disasters and when demand far exceeds supply in the global market. If such situations occur, the consumer price might be even higher.
The People’s Bank of China, or the central bank, said that the nation’s grain price went up 9.1 percent in December last year compared with the same month of the previous year.
Retail sales in China is expected to jump around 13 percent year-on-year to 8.6 trillion yuan (1.1 trillion US dollars) this year, according to the forecast.
Rising incomes of urban residents and increasing use of cars will fuel spending on health care, tourism, recreation, cosmetics, gifts and jewelry, it says.
Xin Hua
Jan 31, East China province steers overseas investment in positive direction
Shandong, a dynamic province on China’s eastern seaboard, hopes to attract US$11 billion of foreign direct investment this year and orient it towards useful sectors.
An official from the provincial bureau of foreign trade and economic cooperation said they would soon publish a list of selected sectors where overseas investment is welcome while continuing to dissuade foreign capital from investing in ventures that cause pollution or consume too much energy.
Overseas investors will be encouraged to invest in the high-tech sector, in equipment manufacturing, environmental protection and new energy development, as well as modern services and modern farming, said the official.
The province approved 4,030 new overseas-financed ventures last year, and had an inflow of US$10 billion of overseas investment, up 11.5 percent from a year ago.
About 2.4 million people are employed by overseas ventures across the province
Xin hua
Jan 31, DHL launches domestic air-express operation in China
Germany’s DHL yesterday became the first foreign express company to launch a domestic air-express operation in China.
To date, Chinese companies have had a monopoly on the market, a DHL spokesman said in Shanghai yesterday.
“DHL eyes China as a fast developing market so its operation will soon extend to west China’s cities and smaller cities,” said Peter Landsiedel, chief executive officer of DHL in the Asia-Pacific area.
The China Air Transport Association (CATA) has approved DHL flying to 17 cities: Shanghai, Beijing, Dalian, Shenyang, Qingdao, Tianjin, Chengdu, Xiamen, Urumqi, Xi’an, Nanjing, Kunming, Hangzhou, Ningbo, Guangzhou, Shenzhen and Wuhan.
The company planned to have 37 branches covering 70 cities in China in the next five years.
The service would mainly cater to the clothing, electronics, transport and bio-tech industries. It would cooperate with major freight carriers, including Air China Cargo, China Cargo Airlines, China Southern Airlines and Shanghai Airlines.
The Chinese air express market has grown by an annual average of 20 percent since 1990 to become the world’s second largest market. It is expected to double in size by 2010, according to World Air Cargo Forecast 2006-2007 by Boeing Company.
Xin hua
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