Archive for the 'China Trade News' Category

China Goods Account for 36% of ROK Import

Chinese consumer goods account for about 36 percent of the Republic of Korea (ROK)’s imported market, according to a report by the Hyundai Research Institute on Monday.
The Hyundai Research Institute said that the Chinese market share in all imported consumer goods rose from 9.8 percent in 1992 to 28.8 percent in 2002 and 35.7 percent [...]

China Shenhua Energy Plans Shanghai Listing

China Shenhua Energy shareholders approved a plan by the nation’s biggest coal producer to raise as much as $7.2 billion by listing in Shanghai this year.
The proposal to sell as many as 1.8 billion yuan-denominated A shares was agreed upon at a meeting in Hong Kong Friday, the company’s president, Ling Wen said. The sale [...]

Go Lavish on Mobile Phones while still Being Hungry?

A mobile phone and recharge card were the gift that Zhengjiang University awarded to its newly admitted and impoverished students this year.
University authorities explained that many important school announcements are sent to the students via text message. That’s why they decided to award impoverished students with a mobile phone.
However, an article on Rednet doesn’t see [...]

Heavy Investment Pours into North China MS Industry

North China’s port city of Tianjin plans to set up 20 modern service industry clusters at the cost of 199 billion yuan (26 billion U.S. dollars) in three to five years to boost the sector’s development.
The municipal government has set a goal for the service sector to account for 45 percent of the city’s gross [...]

Trade between China, ROK expected to top 150 bln USD in 2007

Trade volume between China and the Republic of Korea (ROK) is likely to exceed 150 billion U.S. dollars in 2007, according to Zhang Wei, vice president of the China Council for the promotion of International Trade.
Both sides had hoped bilateral trade volume would reach 200 billion U.S. dollars by 2012 and the goal would be [...]

China Construction Bank to issue A shares

Shareholders of China Construction Bank (CCB), one of China’s four largest state-owned commercial banks, approved a plan for the bank’s domestic listing, the bank said in a statement Friday.
The bank will float no more than nine billion A shares and it will send applications to the China Securities Regulatory Commission and the China Banking Regulatory [...]