First Bioenergy Research Center Opens in Nanning
Jun. 16 – The country’s first bioenergy research center was launched last Sunday in the Guangxi Zhuang autonomous region’s capital city of Nanning as part of Beijing’s new energy development plans. The research center aims to find ways to effectively use cassava, sugar cane and sweet sorghum for new energy development; commodities that are abundant […]
China Industry: Jun. 11
Jun. 11 – This is a regular series of relevant industry news from around China. Solar power Shi Lishan, vice director of the National Energy Administration’s Renewable Energy Department, said that the country will implement a tariff of RMB1.09 per kWh for solar power in a bid to make this type of renewable energy more […]
Chongqing to Build Inland Free Trade Area
Jun. 4 – Chongqing Municipality located in southwest China has begun building a free trade area, the first of its kind to be located deep inland. The Cuntan Bonded Area is strategically found between the Cuntan Harbor and the Jiangbei International Airport. The 8.37 square kilometer area will be constructed in three phases, finishing in […]
Xinjiang to Offer First Local Government Bond Sale
Mar. 25 – The Xinjiang Uygur Autonomous Region is set to make history when it offers the first local government bond sale in the country amounting to RMB3 billion. The proceeds of the bond sale will be used to finance the economic stimulus package announced last year and reinforce schools and hospitals against earthquakes, build […]
China’s Postal Savings Bank to Play Key Role in Spreading Rural Wealth
Feb. 26 – China’s Postal Savings Bank, a relatively obscure yet powerful entity formed in 2007, will be the main infrastructure driver for getting income into rural areas under the country’s economic stimulus plan. The bank, which was initially capitalized at RMB20 billion, was formed following a restructuring of the State Post Bureau, and consequently […]
Kunming and Nanning Evolving as Major Trade Links with Vietnam
Oct. 15 – With much commentary these days on the “ripple effect” of China’s fast growing economy affecting other regional countries, one area in particular has been undergoing a massive, yet almost quiet revolution: Southwest China. With yesterday’s news on Vietnam Briefing that Vietnam’s exports for 2008 are set to reach US$63 billion, the country […]
Middle Eastern Investors Eye Xinjiang Regional Development
By Chris Devonshire-Ellis Oct. 6 – The extensive plans to develop trade links between Xinjiang and Central Asia have led Middle Eastern investors to become interested in assisting China in opening up the region to global trade. The stakes seem to be more than just about money. Moderate Islam has been under threat from insurgents […]
As ASEAN Develops, Kunming Becomes Vital Trade Link
Oct. 3 – Kunming is a long way from the prosperous eastern coastal regions and until recently its development has been stunted by its isolation. Foreign investors have so far been much slower to embrace the city. Even since the central government implemented the Go West policy, levels of FDI have remained low. However, all […]