China Business News back issues from November 2002:
Three big oil giants rush to secure positions in Zhanjiang.
Nov 01, 2002 ... Three big oil giants rush to secure positions in Zhanjiang Shanghai. October 31. INTERFAX-CHINA - Following the announcement that the southern Chinese city of Zhanjiang will invest USD 600 mln to become the largest port and major logistics center in southern China, PetroChina, ...
Beijing to convert 1,681 furnaces from coal to gas-fuelled this winter.
Nov 01, 2002 ... Beijing to convert 1,681 furnaces from coal to gas-fuelled this winter Shanghai. October 31. INTERFAX-CHINA - The Chinese capital of Beijing will convert 1,681 furnaces enabling them to use natural gas rather than coal this winter. It is part of the efforts to cut carbon ...
IISI expects China to increase its share of global steel consumption to 25.6% by 2003.
Nov 01, 2002 ... IISI expects China to increase its share of global steel consumption to 25.6% by 2003 Shanghai. October 31. INTERFAX-CHINA - The International Iron and Steel Institute (IISI) predicted that China will increase its share of global steel consumption to 25.6% or 215 mln tons in ...
UPDATE: Workplace fatalities increase ahead of new production safety law.
Nov 01, 2002 ... UPDATE: Workplace fatalities increase ahead of new production safety law Shanghai. October 31. INTERFAX-CHINA - At a press conference held by the State Council and documented in detail by the State Economic and Trade Commission, Wang Xianzheng, the head of the State ...
Microsoft partners with 5 domestic IT firms to tap corporate solutions market.
Nov 01, 2002 ... Microsoft partners with 5 domestic IT firms to tap corporate solutions market Shanghai. November 1. INTERFAX-CHINA - Furthering its efforts to explore China's corporate solutions market, Microsoft (China) announced strategic partnership agreements with 5 domestic IT companies ...
Wugang to issue USD 241.55 mln in corporate bonds to finance hot-rolling strip steel project.
Nov 01, 2002 ... Wugang to issue USD 241.55 mln in corporate bonds to finance hot-rolling strip steel project Shanghai. October 31. INTERFAX-CHINA - Approved by the State Development Planning Commission (SDPC), the Wuhan Iron and Steel Group (Wugang), a leading Chinese steel maker, plans to ...
Yunnan Tin Co. yields 7,822 tons of tin and 444 tons of tin products over Jan-Sep.
Nov 01, 2002 ... Yunnan Tin Co. yields 7,822 tons of tin and 444 tons of tin products over Jan-Sep Kunming. October 31. INTERFAX-CHINA - The Shenzhen-listed Yunnan Tin Co., Ltd., situated in southwestern China's Yunnan Province, produced 7,822 tons of tin and 444 tons of tin products in the ...
Panzhihua New Steel & Vanadium's net profits down 5.51% to USD 45.6 mln in first nine months.
Nov 01, 2002 ... Panzhihua New Steel & Vanadium's net profits down 5.51% to USD 45.6 mln in first nine months Chengdu. November 1. INTERFAX-CHINA - The Shenzhen-listed Panzhihua New Steel & Vanadium Co., a subsidiary of the Panzhihua Iron & Steel Group, announced to Interfax that its net profits ...
Yanzhou Coal Industry Co. produces 28.78 mln tons of raw coal over Jan-Sep, up 12.5%.
Nov 01, 2002 ... Yanzhou Coal Industry Co. produces 28.78 mln tons of raw coal over Jan-Sep, up 12.5% Shanghai. November 1. INTERFAX-CHINA - The Shanghai, Hong Kong and New York-listed Yanzhou Coal Industry Co., Ltd., announced to Interfax that it produced 28.78 mln tons of raw coal in the first ...
Southern Henan tributary to the West East Gas Pipeline begins construction.
Nov 01, 2002 ... Southern Henan tributary to the West East Gas Pipeline begins construction Shanghai. November 1. INTERFAX-CHINA - A tributary of the West East Gas Pipeline Project in the southern part of central China's Henan Province started construction on Thursday in Zhumadian, reports Henan ...
Huangye Port handles more than 10 mln tons of coal in past 9 months.
Nov 01, 2002 ... Huangye Port handles more than 10 mln tons of coal in past 9 months Shijiazhuang. November 1. INTERFAX-CHINA - The Huangye Port, based in the coastal city of Huangye in northern China's Hebei Province, handled more than 10 mln tons of coal in the past nine months after it became ...
Baoshan Iron and Steel achieves USD 2.87 bln in operating revenue over Jan-Sep.
Nov 01, 2002 ... Baoshan Iron and Steel achieves USD 2.87 bln in operating revenue over Jan-Sep Shanghai. November 1. INTERFAX-CHINA - The Shanghai-listed and based Baoshan Iron and Steel Co., Ltd., an 85% subsidiary of the Baoshan Iron and Steel Group (Baosteel), posted RMB 23.76 bln (USD 2.87 ...
Tangshan Iron & Steel posts 2.41% drop in net profits of Jan-Sep period.
Nov 01, 2002 ... Tangshan Iron & Steel posts 2.41% drop in net profits of Jan-Sep period Shanghai. November 1. INTERFAX-CHINA - Tangshan Iron and Steel Co., Ltd., a Shenzhen-listed company based in northern China's Hebei Province, achieved net profits of RMB 475.76 mln (USD 57.46 mln) in the ...
UBS Warburg lowers Chalco Ltd.'s investment grade from "buy" to "hold".
Nov 01, 2002 ... UBS Warburg lowers Chalco Ltd.'s investment grade from "buy" to "hold" Shanghai. November 1. INTERFAX-CHINA - UBS Warburg, a leading international investment banking and securities firm, lowered the investment grade of the Aluminum Corp. of China Ltd. (Chalco Ltd.) on Wednesday ...
Zhengzhou Gas predicts increase by one-third in annual profits.
Nov 01, 2002 ... Zhengzhou Gas predicts increase by one-third in annual profits Shanghai. October 31. INTERFAX-CHINA - The recently-listed Hong Kong GEM subsidiary, Zhengzhou Gas Co. Ltd., predicted that its whole-year profits will reach no less than RMB 33 mln (USD 3.99 mln), or over one-third ...
Oil & gas deposits at 5 bln tons estimated in Nansha region in South China Sea.
Nov 01, 2002 ... Oil & gas deposits at 5 bln tons estimated in Nansha region in South China Sea Shanghai. November 1. INTERFAX-CHINA - The Wan'an Basin, located on the Nansha Island of southern South China Sea has been lately predicted to contain oil & gas reserves of up to 5 bln tons oil ...
Nanjing conducting feasibility studies on use of cheaper gas from West East Pipeline.
Nov 01, 2002 ... Nanjing conducting feasibility studies on use of cheaper gas from West East Pipeline Shanghai. November 1. INTERFAX-CHINA - Seven cities in eastern China's Jiangsu Province, including the capital city of Nanjing, are currently conducting feasibility studies on the exploitation ...
CNOOC, Shell petrochemical complex to begin construction in November.
Nov 01, 2002 ... CNOOC, Shell petrochemical complex to begin construction in November Shanghai. November 1. INTERFAX-CHINA - China's largest Sino-foreign invested joint-venture, the CNOOC and Shell Petrochemical complex in Daya Bay, in southern China's Guangdong Province, will enter the ...
China imports 33,174,479 kg of rare earth metals, yttrium, scandium and related compounds.
Nov 01, 2002 ... China imports 33,174,479 kg of rare earth metals, yttrium, scandium and related compounds Shanghai. November 1. INTERFAX-CHINA - In the first nine months, China imported a total of 33,174,478 kg of rare earth metals, yttrium, scandium and related chemical compounds, according to ...
China Telecom to re-launch IPO early next week due to insufficient investor interest.
Nov 01, 2002 ... China Telecom to re-launch IPO early next week due to insufficient investor interest Shanghai. October 1. INTERFAX-CHINA - China Telecom Ltd., which operates fixed-line telephone networks in China's three richest provinces Guangdong, Jiangsu and Zhejiang, together with Shanghai, ...
State Council considers restructuring the Ministry of Information Industry.
Nov 01, 2002 ... State Council considers restructuring the Ministry of Information Industry Shanghai. November 1. INTERFAX-CHINA - China's State Council is reportedly considering a restructuring proposal for the Ministry of Information Industry. Under the proposal, likely to be released soon, ...
Guangzhou Iron and Steel Co. Ltd. posts net profit growth of 26.90% year-on-year in first 9 months.
Nov 01, 2002 ... Guangzhou Iron and Steel Co. Ltd. posts net profit growth of 26.90% year-on-year in first 9 months Shanghai. November 1. INTERFAX-CHINA - The Shanghai-listed Guangzhou Iron and Steel Co. Ltd., a member of the Guangzhou Iron and Steel Group, announced to Interfax that its net ...
SIPO official calls for more scientific and technical innovations in China.
Nov 01, 2002 ... SIPO official calls for more scientific and technical innovations in China Shanghai. November 1. INTERFAX-CHINA - China is lagging behind developed countries in terms of scientific and technical innovation, according to Yuan De, an official with the State Intellectual Property ...
China's two largest portals continue legal brawl; Sohu.com files new lawsuit against Sina.com.
Nov 01, 2002 ... China's two largest portals continue legal brawl; Sohu.com files new lawsuit against Sina.com Shanghai. November 1. INTERFAX-CHINA - China's two leading Internet portals, Sina.com and Sohu.com, are continuing their legal brawl on content copyright and defamation. Sohu.com filed ...
21-year-old student sentenced to 10 years jail for setting up a pornographic website.
Nov 01, 2002 ... 21-year-old student sentenced to 10 years jail for setting up a pornographic website Shanghai. November 1. INTERFAX-CHINA - A 21-year-old student at a technical secondary school in Guangzhou was sentenced to 10 years in prison for setting up a pornographic website. The student ...
Sinopec Qilu Petrochemical made USD 5 mln profit in Q3, partially covering previous loss.
Nov 01, 2002 ... Sinopec Qilu Petrochemical made USD 5 mln profit in Q3, partially covering previous loss Shanghai. November 1. INTERFAX-CHINA - Sinopec Qilu Petrochemical Co. Ltd. claimed its third-quarter profits at RMB 40.81 mln (USD 4.93 mln), reversing to some extent the huge losses ...
Sinopec Hubei Xinghua doubles losses in the first three quarters.
Nov 01, 2002 ... Sinopec Hubei Xinghua doubles losses in the first three quarters Shanghai. November 1. INTERFAX-CHINA - Sinopec Hubei Xinghua, which officially abandoned the petrochemical business from September 30 after an asset swap between Sinopec and the State Development Investment ...
Nanning bids farewell to coal production after coal accident strikes.
Nov 01, 2002 ... Nanning bids farewell to coal production after coal accident strikes Nanning. October 31. INTERFAX-CHINA - Officials from the municipal government of Nanning, the capital of eastern China's Guangxi Zhuang Autonomous Region, convened an emergency meeting on October 30 ...
Chongqing Iron and Steel launches 30,000-ton welded ribbed bar net production line.
Nov 01, 2002 ... Chongqing Iron and Steel launches 30,000-ton welded ribbed bar net production line Shanghai. November 1. INTERFAX-CHINA - The Chongqing Iron and Steel Group (Chonggang) recently launched a welded ribbed bar net production line with an annual capacity of 30,000 tons in Southwest ...
PetroChina-controlled Petroleum Long Champ sees profits swell in Q3.
Nov 01, 2002 ... PetroChina-controlled Petroleum Long Champ sees profits swell in Q3 Shanghai. November 1. INTERFAX-CHINA - Petroleum Long Champ, whose largest shareholder remains PetroChina, made more profits in the third quarter than the previous two quarters combined, following the relocation ...
New Beijing unit of RAD Data to provide localized production and repair services in China.
Nov 01, 2002 ... New Beijing unit of RAD Data to provide localized production and repair services in China Shanghai. November 1. INTERFAX-CHINA - RAD Data Communications, a major manufacturer of access equipment for data communications and telecom applications, announced to Interfax that it has ...
Shandong Aluminum's net profits plummet 37.82% to USD 13.73 mln in Jan-Sep.
Nov 01, 2002 ... Shandong Aluminum's net profits plummet 37.82% to USD 13.73 mln in Jan-Sep Shanghai. October 31. INTERFAX-CHINA - The Shanghai-listed Shandong Aluminum Co., Ltd., a major Chinese aluminum producer, located in the city of Zibo in eastern China's Shandong Province, posted RMB ...
Sinopec Zhongyuan Petroleum Co. sees net profits down 2.83% for Jan-Sep.
Nov 01, 2002 ... Sinopec Zhongyuan Petroleum Co. sees net profits down 2.83% for Jan-Sep Zhengzhou. November 1. INTERFAX-CHINA - The Shenzhen-listed Sinopec Zhongyuan Petroleum Co., Ltd., a subsidiary of the China Petroleum and Chemical Corp. (Sinopec) based in central China's Henan Province, ...
Huludao Zinc posts 42% net profit plunge for first nine months.
Nov 01, 2002 ... Huludao Zinc posts 42% net profit plunge for first nine months Shanghai. October 31. INTERFAX-CHINA - Huludao Zinc Industry Co., Ltd., China's largest zinc producer, reported a 42% net profit plunge in the first three quarters due to price drops for zinc products on both ...
Jiangsu Shagang Group secures USD 181 mln in loans from CCB for technical upgrade.
Nov 01, 2002 ... Jiangsu Shagang Group secures USD 181 mln in loans from CCB for technical upgrade Shanghai. November 1. INTERFAX-CHINA - The Jiangsu Shagang Group, a private steel company located in eastern China's Jiangsu Province, was recently granted RMB 1.5 bln (USD 181.16 mln) in a loan ...
PBOC raises price of sub-standard gold to USD 9.95 per gram.
Nov 01, 2002 ... PBOC raises price of sub-standard gold to USD 9.95 per gram Shanghai. November 1. INTERFAX-CHINA - With the launch of the Shanghai Gold Exchange on October 30, the buying and selling prices for standard gold are being determined by transactions on the exchange, a spokeswoman ...
Steel product composite price index up 0.29 points on weekly basis in week beginning October 21.
Nov 01, 2002 ... Steel product composite price index up 0.29 points on weekly basis in week beginning October 21 Shanghai. November 1. INTERFAX-CHINA - The composite price index for Chinese steel products inched up 0.29 points in the week beginning October 21, compared to the previous week and ...
Oil-rich Daqing aiming mid-stream polypropylene development by 2005.
Nov 01, 2002 ... Oil-rich Daqing aiming mid-stream polypropylene development by 2005 Shanghai. November 1. INTERFAX-CHINA - In order to sustain its development and growth in profits even while its resources gradually deplete, northeastern China's Daqing has set its eye on extending its ...
Sinopec Wuhan Petroleum sells 330,000 tons of refined oil from January to September.
Nov 01, 2002 ... Sinopec Wuhan Petroleum sells 330,000 tons of refined oil from January to September Shanghai. November 1. INTERFAX-CHINA - The Sinopec Wuhan Petroleum Group Co., Ltd. recently released its financial report for the first three quarters of this year to Zhongguo Zhengquan Bao, ...
China's first appraisal on coal supply capacity launched in Yunnan Province.
Nov 01, 2002 ... China's first appraisal on coal supply capacity launched in Yunnan Province Kunming. November 1. INTERFAX-CHINA - An overall appraisal and inspection on the total coal supply volume of southwestern China's Yunnan Province, conducted by several geological prospecting experts ...
Strong government support to accelerate TD-SCDMA commercialization in China.
Nov 01, 2002 ... Strong government support to accelerate TD-SCDMA commercialization in China Shanghai. November 1. INTERFAX-CHINA - China's locally developed 3G mobile standard, TD-SCDMA, for the first time won material government support this week, with an officially sanctioned TD-SCDMA ...
Xin'ao Gas profit forecasts lowered for two years.
Nov 01, 2002 ... Xin'ao Gas profit forecasts lowered for two years Shanghai. October 31. INTERFAX-CHINA - In response to the financial troubles plaguing private enterprises recently in China, as well as a lower-than-expected pickup speed for new users, Goldman Sachs has altered its forecasts for ...
CSRC refutes PetroChina's A-share market rumor.
Nov 01, 2002 ... CSRC refutes PetroChina's A-share market rumor Shanghai. November 1. INTERFAX-CHINA - Responding to overseas market speculation that PetroChina, China's top oil producer, was to be listed on the domestic A-share market, the China Securities Regulatory Commission (CSRC) has today ...
500 kV Da-Kun Power Transmission Project is completed.
Nov 01, 2002 ... 500 kV Da-Kun Power Transmission Project is completed Kunming. October 31. INTERFAX-CHINA - The 500 kV Da-Kun Power Transmission Project was concluded recently in southwestern China's Yunnan Province, linking up the Dazhaoshan Hydropower Station and the Baofeng Converting ...
Guangdong Nuclear Power Group Co. given approval to issue USD 483.1 mln of bonds.
Nov 01, 2002 ... Guangdong Nuclear Power Group Co. given approval to issue USD 483.1 mln of bonds Guangzhou. October 31. INTERFAX-CHINA - The Guangdong Nuclear Power Group Co., Ltd. recently announced that it has received approval from the State Development Planning Commission (SDPC) to issue ...
CHINA BUSINESS NEWS BRIEFS - Friday, November 1, 2002.
Nov 01, 2002 ... CHINA BUSINESS NEWS BRIEFS - Friday, November 1, 2002 Shanghai. November 1. INTERFAX-CHINA - JIANG ZEMIN ENCOURAGES LOCAL FIRMS TO ADOPT IEC STANDARDS AND CONFORMITY ASSESSMENTS Chinese President Jiang Zemin encouraged local firms to adopt IEC ...
Enavis deploys its international gateway on CNC network; launches optical switch in China.
Nov 01, 2002 ... Enavis deploys its international gateway on CNC network; launches optical switch in China Shanghai. October 31. INTERFAX-CHINA - Enavis Networks, a subsidiary of NASDAQ-listed ECI Telecom, announced to Interfax that it has completed installation of its T-DAX All-Band ...
Sinopec integrates Sichuan subsidiaries, to build 50,000 cu m oil tank.
Nov 01, 2002 ... Sinopec integrates Sichuan subsidiaries, to build 50,000 cu m oil tank Shanghai. October 31. INTERFAX-CHINA - China Petroleum & Chemical Corp. (Sinopec Corp.) amalgamated 11 sales subsidiaries in southwestern China's Sichuan Province and the Chongqing Municipality into one ...
Sinopec three-quarters net profit up 10.8% after oil price recovery.
Nov 01, 2002 ... Sinopec three-quarters net profit up 10.8% after oil price recovery Shanghai. October 31. INTERFAX-CHINA - The three-quarter net profits of China's top oil refiner, the China Petroleum & Chemical Corp. (Sinopec Corp.), show a 10.8% jump compared to the same period of last year, ...
Hangang orders pickling-cold rolling mill and temper mill from SMS Demag.
Nov 01, 2002 ... Hangang orders pickling-cold rolling mill and temper mill from SMS Demag Shanghai. October 31. INTERFAX-CHINA - The Handan Iron and Steel Group (Hangang), a leading Chinese steel company based in North China's Hebei Province, recently signed an agreement with SMS Demag in ...
Sinopec diesel fuel export to reach 15,000 tons in Nov.
Nov 01, 2002 ... Sinopec diesel fuel export to reach 15,000 tons in Nov. Shanghai. October 31. INTERFAX-CHINA - China's top oil refiner Sinopec will reportedly expand its diesel fuel exports in November, although the company's three-quarter financial report showed that its diesel fuel output was ...
ZTE records USD 741.5 mln revenue in first 9 months; with net profit sharply lower at USD 20.7 mln.
Nov 01, 2002 ... ZTE records USD 741.5 mln revenue in first 9 months; with net profit sharply lower at USD 20.7 mln Shanghai. October 31. INTERFAX-CHINA - ZTE Corp., a leading Chinese telecom equipment manufacturer, announced to Interfax that it recorded sales revenue of RMB 6.14 bln (USD 741.5 ...
Intel sets up Application Design Center in Shenzhen; partners with ZTE on 3G communications.
Nov 01, 2002 ... Intel sets up Application Design Center in Shenzhen; partners with ZTE on 3G communications Shanghai. October 31. INTERFAX-CHINA - Intel announced the establishment of its Asia Pacific Application Design Center in Shenzhen on October 30. The company also entered into a ...
E5 extends sourcing operations in China, merging with KS Tech and partnering with CVIC SE.
Nov 01, 2002 ... E5 extends sourcing operations in China, merging with KS Tech and partnering with CVIC SE Shanghai. October . INTERFAX-CHINA - E5 Systems, a provider of Advanced Application Management solutions, extended its global sourcing operations in China by merging with KS Tech, a ...
Yunnan Tin Co. yields 7,822 tons of tin and 444 tons of tin products over Jan-Sep.
Nov 02, 2002 ... Yunnan Tin Co. yields 7,822 tons of tin and 444 tons of tin products over Jan-Sep Kunming. October 31. INTERFAX-CHINA - The Shenzhen-listed Yunnan Tin Co., Ltd., situated in southwestern China's Yunnan Province, produced 7,822 tons of tin and 444 tons of tin products in the ...
CSRC refutes PetroChina's A-share market rumor.
Nov 02, 2002 ... CSRC refutes PetroChina's A-share market rumor Shanghai. November 1. INTERFAX-CHINA - Responding to overseas market speculation that PetroChina, China's top oil producer, was to be listed on the domestic A-share market, the China Securities Regulatory Commission (CSRC) has today ...
Nanjing conducting feasibility studies on use of cheaper gas from West East Pipeline.
Nov 02, 2002 ... Nanjing conducting feasibility studies on use of cheaper gas from West East Pipeline Shanghai. November 1. INTERFAX-CHINA - Seven cities in eastern China's Jiangsu Province, including the capital city of Nanjing, are currently conducting feasibility studies on the exploitation ...
TD-SCDMA Industrial Alliance set up in Beijing to accelerate commercialization.
Nov 02, 2002 ... TD-SCDMA Industrial Alliance set up in Beijing to accelerate commercialization Shanghai. October 31. INTERFAX-CHINA - As a strategic step towards commercializing China's self-patented 3G mobile standard, 8 domestic telecoms established a TD-SCDMA industrial alliance in Beijing ...
Beijing to convert 1,681 furnaces from coal to gas-fuelled this winter.
Nov 02, 2002 ... Beijing to convert 1,681 furnaces from coal to gas-fuelled this winter Shanghai. October 31. INTERFAX-CHINA - The Chinese capital of Beijing will convert 1,681 furnaces enabling them to use natural gas rather than coal this winter. It is part of the efforts to cut carbon ...
China Telecom to re-launch IPO early next week due to insufficient investor interest.
Nov 02, 2002 ... China Telecom to re-launch IPO early next week due to insufficient investor interest Shanghai. October 1. INTERFAX-CHINA - China Telecom Ltd., which operates fixed-line telephone networks in China's three richest provinces Guangdong, Jiangsu and Zhejiang, together with Shanghai, ...
Southern Henan tributary to the West East Gas Pipeline begins construction.
Nov 02, 2002 ... Southern Henan tributary to the West East Gas Pipeline begins construction Shanghai. November 1. INTERFAX-CHINA - A tributary of the West East Gas Pipeline Project in the southern part of central China's Henan Province started construction on Thursday in Zhumadian, reports Henan ...
Strong government support to accelerate TD-SCDMA commercialization in China.
Nov 02, 2002 ... Strong government support to accelerate TD-SCDMA commercialization in China Shanghai. November 1. INTERFAX-CHINA - China's locally developed 3G mobile standard, TD-SCDMA, for the first time won material government support this week, with an officially sanctioned TD-SCDMA ...
Sinopec Wuhan Petroleum sells 330,000 tons of refined oil from January to September.
Nov 02, 2002 ... Sinopec Wuhan Petroleum sells 330,000 tons of refined oil from January to September Shanghai. November 1. INTERFAX-CHINA - The Sinopec Wuhan Petroleum Group Co., Ltd. recently released its financial report for the first three quarters of this year to Zhongguo Zhengquan Bao, ...
Baoshan Iron and Steel achieves USD 2.87 bln in operating revenue over Jan-Sep.
Nov 03, 2002 ... Baoshan Iron and Steel achieves USD 2.87 bln in operating revenue over Jan-Sep Shanghai. November 1. INTERFAX-CHINA - The Shanghai-listed and based Baoshan Iron and Steel Co., Ltd., an 85% subsidiary of the Baoshan Iron and Steel Group (Baosteel), posted RMB 23.76 bln (USD 2.87 ...
CNOOC, Shell petrochemical complex to begin construction in November.
Nov 03, 2002 ... CNOOC, Shell petrochemical complex to begin construction in November Shanghai. November 1. INTERFAX-CHINA - China's largest Sino-foreign invested joint-venture, the CNOOC and Shell Petrochemical complex in Daya Bay, in southern China's Guangdong Province, will enter the ...