Economics & Trade

World Bank loan to fight TB

The World Bank has agreed to provide a US$104m loan to help China treat people suffering from infectio

New method to keep vegetables fresh

A new method to keep cut vegetables fresh for about two weeks will lead to the export of vegetables fr

Another year of drought

At the end of March, about 21m hectares of farmland, 10 per cent of China's total, was affected by dro

Surge in Korean investment

Statistics compiled by the Korea Trade-Investment Promotion Agency showed that direct Korean investmen

Japanese firms on the way back

Japanese companies were increasing their investments in China, attracted by lower costs and growing do

Sharp growth in first-quarter FDI

Utilised foreign direct investment (FDI) into China in the first quarter of 2002 totalled US$10.11bn,

Money supply, savings show sharp rise

China's broad money supply, M2, was up 14.4 per cent year-on-year at the end of March, accelerating fr

Continued decline in industrial prices

The ex-factory prices of industrial products fell 4.0 per cent year-on-year in March, said the Nationa

Upturn in industrial output Industrial output

rose by 10.9 per cent yearon- year in the first quarter of 2002, according to the National Bureau of S

Austere lending environment

More recent editions of the almanac allow for comparisons that help gauge the success of Zhu's efforts

Official warns of rising unemployment

The official number of urban unemployed is likely to climb to more than 20m in the next four years, sa

Shenzhen to build seven satellite towns

Seven new towns each capable of supporting about 500,000 people are to be built outside Shenzhen speci

Taking on the big boys

The Zhangjiang High-Tech Park in Shanghai is home to an innovative medical start-up company that is be

Cosco goes logistic

In announcing the creation of a new logistics company, Cosco is making a commitment to provide its clients with a total transportation service.

Export operation

Advanced medical devices from abroad are playing an increasingly important role in improving the standard of medical care in China.

Capitalising on crises

Tianjin SmithKline produced China's leading cold remedy until a ban on health grounds forced it to take far-reaching measures to avert the crisis and launch a replacement product, writes Dr Kai-Alexander Schlevogt.

China relents on GMOs

Beijing has pulled back from implementing rules that would have limited the amount of genetically modified grain imported into China. However, Washington is still unhappy about quarantine and customs measures.

Economy vs. ecology

Hangzhou's natural beauty and close proximity to Shanghai make it a popular place for hosting business meetings and conventions. But the development of the economy is endangering the natural environment.

Entrepreneurial spirit

The ancient city of Hangzhou is improving its infrastructure base and targeting high-tech and foreign firms to diversify its industrial base.

Regional engagement

China is keen to improve rail connections with its neighbours in order to sustain the country's rapid export growth in Asia and increase its political influence in the region.

China and Nigeria sign food agreement

China and Nigeria have signed a US$23m agreement to co-operate in sharing food security knowledge, Reu

China Merchants invests in Daxie

The Chinese conglomerate China Merchants Holdings said that it intends to take a 45 per cent stake in

Sheraton opens Shenyang property

The Sheraton Shenyang Lido Hotel opened last month in the centre of the capital of Liaoning province.

China benefits from 'safe' image

Tourism revenues in 2001 were Yn499.5bn, a year-on-year increase of 10.5 per cent, according to the Ch

Taiwan service undercuts competition

New flights between Taiwan and Shanghai operated by China Southern Airlines and Taiwan's Far Eastern A

Dragonair boosts flight frequencies

Despite a downturn in the global aviation sector, Hong Kong's Dragon Airlines said it would continue t

Switch to Pudong airport

Pudong International Airport will handle all Shanghai's international flights from October 28 this yea

Eastern 'to take Wuhan Airlines stake'

China Eastern Airlines was reported to be close to announcing the acquisition of a 30- 40 per cent sta

Cosco goes logistic

In announcing the creation of a new logistics company, Cosco is making a commitment to provide its cli

Expansion of services

China's recent strong economic growth has allowed substantial investment in medicine, leading to deep


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