Other Briefings
China to open fourth bonded port in Hainan
Oct. 12 – The State Council moved ahead with plans for the country’s fourth bonded port in Hainan province Xinhua reported yesterday, yet another of the steps China is taking towards establishing a free trade zone with the Association of Southeast Asia Nations (ASEAN). The Yangpu Bonded Harbor Area in the Yangpu Economic Development Zone, […]
High-speed Shanghai-Beijing train gets green light
SHANGHAI, Oct. 10 – The central government has given the Beijing-Shanghai high-speed railway the green light according to a notice posted on the National Development and Reform Commission’s website Tuesday. With a speed of up to 350 kilometers per hour, the high-speed train would shorten rail travel times between Beijing and Shanghai from the current […]
Dalian High-Tech Industrial Zone shifts into high gear
By Adam Livermore DALIAN, Oct. 8 – Standing on a windswept hill overlooking the coastline of southern Dalian and looking towards the distant port town of Lushun, it is hard to visualize how the rolling rural landscape will look after it is swamped by the planned “silicon peninsula,” at least until you turn around and […]
Should manufacturers move inland to avoid processing trade restrictions?
By Andy Scott SHANGHAI, Sept. 11 – China’s new policy restricting processing trade, which took effect nationwide August 23, will most heavily impact Guangdong province. The booming Chinese economy, which has grown at over 10 percent for the last 15 years, has been largely driven by processing trade factories located in South China and the […]
Manufacturers moving inland from Hangzhou as central province VAT reform kicks in
Textile manufacturers in and around Hangzhou, long one of the region’s pillar industries, are beginning to move their operations inland as China reduces the VAT burden in the central provinces. Beginning July 1, 2007, the Ministry of Finance and the State Administration of Taxation reduced the VAT burden in eight sectors within 26 specified industrial […]
Yingkou port set to play larger role in Northeast China’s development
Sept. 1 – Yingkou is a third-tier Chinese city located on the northeastern edge of the Bohai gulf, just a few hours drive from the regional powerhouses of Shenyang and Dalian. An otherwise fairly ordinary provincial Chinese city, Yingkou is set to capitalize on the increasing exporting power wielded by enterprises in Liaoning, Jilin and […]
Why are foreign analysts considering China plays as internationally relevant?
The tempestuous dragon and global stock markets By Jon Byrne and Chris Devonshire-Ellis BEIJING, Aug. 23 – The China stock market continues to sizzle; and with fears that a bubble is developing it is only natural to ask “should investors outside of China worry about a correction or collapse in China’s stock market impacting global […]
Chinese shoemakers, Auchan to pay Nike compensation
A court in Shanghai has ordered two Chinese shoe manufacturers and a French supermarket to pay American sporting goods giant Nike 350,000 yuan (46,000 U.S. dollars) in compensation for copyright infringement China Daily said today. The two Fujian-based manufacturers, Jinjiang Longzhibu Shoes Co Ltd and Jinjiang Kangwei Shoes Co Ltd, made shoes bearing a logo that was “basically the same” as […]
