Archive for August, 2009

Large solar power program starts in central China

Construction of a large solar power project with an investment of 450 million U.S. dollars was launched Saturday in Wuhan, capital of Hubei Province in central China.
The 500-megawatt project is a joint venture of Greenway Solar-Tech (China) Co. Ltd. and Evergreen Solar Inc. of the United States, according to Ding Kongxian, chief executive officer of [...]

Macao’s fuel price rises in Q2

Along with the rebound of oil pricesin the international market, the average selling price of fuels in Macao went up in the second quarter of 2009, with that of fuel oil registering a notable increase of 15.2 percent quarter-to-quarter, according to the figures released on Friday by the city’s Statistics and Census Service (DSEC).
Aside from [...]

Banks tighten credit card policies

Beijing retiree Yuan Yizhong cut up his son’s seven credit cards with a pair of scissors when he discovered that the 29-year-old had racked up huge debts that he couldn’t afford to repay.
Yuan then used most of his life savings to repay his son’s credit card bills of 200,000 yuan ($29,283) , managing to pay [...]

China’s outsourcing industry surges in H1

Contract value of China’s outsourcing industry rose 32.5 percent to $2.56 billion in the first half of 2009, the Ministry of Commerce (MOC) told a press conference yesterday.
There were over 1,400 newly incorporated outsourcing enterprises in the first half, and as many as 297,000 people joined the industry during the same period.
Sun Peng, deputy chief [...]

Authority licences 16 airlines to operate direct cross-Straits flights

Chinese mainland’s civil aviation authority has licensed 16 airline companies from the Chinese mainland and Taiwan to operate regular direct flights between the mainland and the island from the end of this month.
The mainland’s airlines will operate regular direct flights from 25 mainland destinations to Taiwan’s Taoyuan Airport from Aug 31, and Fuzhou and Nanchang [...]

Direct Harbin-Taiwan flights start

Direct flights between Harbin, the capital city of northeastern China’s Heilongjiang Province and Taipei are to start on September 1.
The four-hour flights, operated by China Southern Airlines, will fly every Tuesday. The maiden flight takes off from Harbin Taiping International Airport on Sep. 1, said Li Yan, head of the Taiwan Work Office of the [...]

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