Other Briefings
Guangdong Reports Boost in Ship Exports
May 4 – Guangdong province reported an increase of ship exports when it sold 42,000 vessels for the first quarter of the year at an increase of 230 percent. The total exports were made up of 49.1 percent or US$200 million by foreign-funded companies and the rest worth US$160 million was sold by state-owned enterprises. […]
China Sector Watch: Tourism
This series will take an in-depth look at the industries that are shaping the Chinese economy today. By Joyce Roque Apr. 29 – The tourism industry in China in many ways is still at its early stages. Compared to the other industries that opened up after the reforms made Deng Xiaoping thirty years ago, the […]
Zhuhai to Invest RMB317 Billion on Upgrading Infrastructure
Apr. 23 – The port city of Zhuhai in Guangdong Province is set to invest RMB316.9 billion to upgrade its infrastructure with 67 public works projects for this year alone. The shipbuilder, CSSC Jiangnan Heavy Industry, has already provided RMB44.3 billion in a shipyard in the city. Energy company, CNOOC , has plans to invest […]
Five Nuclear Stations to be Built This Year
Apr. 21 – According to China’s National Energy Administration (NEA) there are plans to build five nuclear power stations in Zhejiang, Shandong, Guangdong and Hainan by the end of the year. The Sanmen Nuclear Power Plant in Zhejiang already began construction last Sunday. It is the first third-generation pressurized water reactor in China to use […]
Majority of China’s Richest Live Outside Big Cities
Apr. 17 – Majority of China’s wealthiest people live outside the huge cities of Beijing, Shanghai and Guangdong, according to a study. The Hurun 2009 Wealth Report announced that 825,000 people in China have a reported personal wealth of more than RMB10 million (US$1.47 million) while 51,000 people are worth more than RMB100 million. Fifty-two […]
Hong Kong, Shenzhen and Shanghai Listed as the Most Competitive Cities in China
Apr. 15 – The seventh edition of the Blue Book on Urban Competitiveness conducted by the Chinese Academy of Social Sciences (CASS) listed Hong Kong, Shenzhen and Shanghai as the three top competitive cities in the country. The newest entrant to the top 10 is the coastal city of Qingdao; which hosted the sailing events […]
Establishing NGOs in China
By Christian Fleming SHANGHAI, Apr. 11 – The establishment of not-for-profit, nongovernmental organizations (NGOs) in China is becoming increasingly popular as the necessity of providing private alternatives to social, economic, political, and cultural issues becomes apparent. Indeed, if China is to continue to flourish and expand, NGOs will play a critical role in making sure […]
Forbes: Hong Kong has Friendliest Tax Regime in the Region
Apr. 3 – According to the 2009 Tax Misery and Reform Index, Hong Kong was ranked as the friendliest tax regime in the Asia-Pacific region and the third in the world. The annual index was done by business magazine, Forbes Asia, by comparing 50 jurisdictions around the world. The score was calculated based on the […]
