Tianjin Port Overtakes Guangzhou in Cargo Throughput
Mar. 19 – Tianjin Port has emerged as a major global port as it overtook Guangzhou Port to become China’s third largest and the world’s fifth largest port. It is the biggest artificial deep water port in the country and last year handled 356 million metric tons of cargo, surpassing average coastal harbor growth rates. […]
China Begins Parliament Session Today
Mar. 5 – The National People’s Congress (NPC) began its annual full session today at the Great Hall of the People in Beijing. Chinese Premier Wen Jiabao said during his speech before 3,000 delegates that the nation needs to “reverse the economic slide as soon as possible.” Mr. Wen said that the government will now […]
Fire Destroys 5-Star Hotel Near CCTV Tower in Beijing
BEIJING, Feb. 9 – The newly built, and still unoccupied, Mandarin Oriental Hotel on the grounds of Central China Television’s new headquarters has caught fire and appears to have been destroyed. The cause of the blaze at the 40-story luxury hotel is unknown and at this time, there are no reports of injuries. Fire has […]
Shandong Province to Build RMB150 Billion Railway Network
Feb. 9 – Shandong Province has announced a seven-year plan for a high-speed intra-province railway system of 14 railroads that will connect 17 cities, including Qingdao, Yantai, Jinan, Rizhao, Linyi and Weihai. The railway plan will cost a total 150 billion yuan with 70 percent of the amount to be shouldered by the Ministry of […]
Harbin Preparing to Bid for Winter Olympics
Feb. 4 – With the Chinese government officially declaring they would not be bidding to host the 2018 or 2022 World Cup soccer finals, attention has now focused on a possible bid for the Winter Olympics in either 2018 or 2022. Li Zhanshu, the provincial governor for Heilongjiang, has stated that this month’s Winter University […]
UN Initiative in Greater Tumen Region to Boost Northeast China
BEIJING, Feb. 3 – The Greater Tumen area – the land mass that covers Northeast China, the Asian part of Russia, Mongolia, and North and South Korea – has been earmarked for special development and investment incentive status by the United Nations. China has already made commitments to this by hosting its own Heilongjiang International […]
Beijing Lifts Restrictions for Foreigners Buying Real Estate
Jan. 26 – The Beijing government has lifted restrictions on foreigners wanting to purchase real estate in an effort to lift the slumping property market. For this year, the residency requirement and house type limits that applies for foreign expatriates have been removed. Previously, only expatriates that have resided in the capital for more than […]
Beijing’s First SME Business Conference – Jan. 16
BEIJING, Jan. 9 – Beijing’s first SME conference will take place on January 16 at the Radisson Hotel in Beijing. Designed to assist small-medium enterprises overcome difficulties and problems with start up and the first three years of life, the day-long conference brings together well known China-based entrepreneurs and a concise program for delegates. It […]