China Business News back issues from May 2003:
Shanghai small businesses suffer SARS effects.
May 03, 2003 ... Shanghai small businesses suffer SARS effects Shanghai. May 03. INTERFAX- CHINA - The May Day vacation is normally a boom period for many businesses, but this year, with fears of SARS still looming and the week-long break cut back by the government to just three working days, ...
China's Ministry of Health latest SARS statistics - as of May 2.
May 03, 2003 ... China's Ministry of Health latest SARS statistics - as of May 2 Shanghai. May 03. INTERFAX-CHINA- China's Ministry of Health (MOH) has reported it latest figures relating to the out break of SARS in the country, as of May 2. Beijing has seen the largest increase in ...
China will not hold FIFA Women's World Cup due to SARS threat.
May 04, 2003 ... China will not hold FIFA Women's World Cup due to SARS threat Shanghai. May 4. INTERFAX-CHINA - In a press release received by Interfax FIFA announced the 4th FIFA Women's World Cup 2003, due to be staged in PR China, from 23 September to 11 October. The World Cup was ...
Shanghai sees two new cases of SARS.
May 04, 2003 ... Shanghai sees two new cases of SARS Shanghai. May 4. INTERFAX- CHINA - At 12:00 May 4, the Shanghai Municipal Government announced the city has two more cases of SARS. In Shanghai there are now 4 clinically diagnosed cases according to official sources and 1 newly ...
Shanghai SARS cases increase to 6.
May 05, 2003 ... Shanghai SARS cases increase to 6 Shanghai. May 5. INTERFAX-CHINA - As of 12.00 May 5, the Shanghai government announced there are 6 clinically diagnosed cases. The two new cases are said to be formerly suspect cases from the same family as earlier victims of the virus. One new ...
Miltary experts: sub sinking likely due to fire.
May 06, 2003 ... Miltary experts: sub sinking likely due to fire BEIJING. May 5 -INTERFAX-CHINA - The crew of the Chinese military submarine which recently sank off the coast of China in the Yellow Sea most likely died as a result of a fire, military experts in Beijing told Interfax. ...
Test Phase Power Transmission begins from Three Gorges Project.
May 06, 2003 ... Test Phase Power Transmission begins from Three Gorges Project Shanghai. May 6. INTERFAX-CHINA - The test phase of the facilities that will allow electricity produced by the Three Gorges hydropower facilities to be transmitted to energy-hungry eastern China began on May 5, a ...
CNOOC: strong oil prices boost Q1 performance.
May 06, 2003 ... CNOOC: strong oil prices boost Q1 performance Shanghai. May 6. INTERFAX-CHINA - China's third largest oil producer, CNOOC Ltd., also the country's exclusive offshore oil enterprise, has announced its financial and production results in the first three months of 2003. Total ...
Sinopec's TSPC's net profits fall slightly to USD 35 mln in 2002.
May 06, 2003 ... Sinopec's TSPC's net profits fall slightly to USD 35 mln in 2002 Shanghai. May 6. INTERFAX-CHINA - The Sinopec subsidiary Shandong Taishan Petrochemical Co. Ltd. (TSPC), listed in Shenzhen in 1993, has announced its financial results for the year ending December 31, 2002. The ...
Barapukuria Coal Mine partly goes into operation in Bangladesh.
May 06, 2003 ... Barapukuria Coal Mine partly goes into operation in Bangladesh Shanghai. May 6. INTERFAX-CHINA - The Barapukuria Coal Mine, constructed by a Chinese enterprise, became partly operational recently in Barapukuria, 300 km northwest of the Bangladeshi capital of Dhaka. It is said to ...
China's power output up 17.4% year-on-year to 150.159 bln kWh in March 2003.
May 06, 2003 ... China's power output up 17.4% year-on-year to 150.159 bln kWh in March 2003 Shanghai. May 6. INTERFAX-CHINA - China produced a total of 150.159 bln kWh of electricity in March this year, rising significantly by 17.40% compared to the same period of last year, according to ...
SARS: More utilization of IT technologies urged, Artificial Life debuts new SARS-related website.
May 06, 2003 ... SARS: More utilization of IT technologies urged, Artificial Life debuts new SARS-related website Shanghai. May 6. INTERFAX-CHINA - 32 Chinese IT industry leaders, including SINA president Wang Yan and UFSoft chairman Wang Wenjing, jointly issued a public recommendation letter to ...
Asia-Pacific region sees population growth rate slowing, historic and projected.
May 06, 2003 ... Asia-Pacific region sees population growth rate slowing, historic and projected Shanghai. May 6. INTERFAX-CHINA - Every country of the Asia-Pacific region is seeing a slow-down in the numbers of both total population and households, in the period from 1992 to 2003, and is ...
Shanghai tightens control on Internet information, SMS to be restricted.
May 06, 2003 ... Shanghai tightens control on Internet information, SMS to be restricted Shanghai. May 6. INTERFAX-CHINA - The Shanghai Coordination Team of Ratification on Harmful Internet Information, in a circular obtained by Interfax, reiterated the prohibition of the creation and ...
Gilat to provide China Telecom with large-scale satellite based rural telephone network in Tibet.
May 06, 2003 ... Gilat to provide China Telecom with large-scale satellite based rural telephone network in Tibet Shanghai. May 6. INTERFAX-CHINA - China Telecom, the largest fixed-line telecom carrier in China, has selected NASDAQ-listed Gilat Satellite Networks to provide a large-scale, ...
Cold-rolled sheets from Japan fill 99% of quota limits by April 28.
May 06, 2003 ... Cold-rolled sheets from Japan fill 99% of quota limits by April 28 Shanghai. May 6. INTERFAX-CHINA - Cold-rolled steel sheets imported or originating from Japan had reached 528,045 tons by April 28, accounting for 99.0% of Japan's quota limits implemented for steel product ...
Avure to provide further 3 flexible forming presses to Chinese aero-technology producer.
May 06, 2003 ... Avure to provide further 3 flexible forming presses to Chinese aero-technology producer Shanghai. May 6. INTERFAX-CHINA -Avure Technologies Incorporated, a U.S.-based specialty high pressure processing (HPP) systems supplier, announced to Interfax that it has received orders ...
SARS hits China's travel industry.
May 06, 2003 ... SARS hits China's travel industry Shanghai. May 6. INTERFAX-CHINA - As Interfax has been reporting, the travel industry has been hit especially hard by the viral disease known as SARS (Severe Acute Respiratory Syndrome). Earnings are usually high during public holidays, but ...
Beijing Power Company gives high priority to 20 designated SARS hospitals.
May 06, 2003 ... Beijing Power Company gives high priority to 20 designated SARS hospitals Shanghai. May 6. INTERFAX-CHINA - To assist the health authorities in their fight against SARS (Severe Acute Respiratory Syndrome), the Beijing Power Company, the dominant power supplier in China's ...
Sinopec, PetroChina primed for domestic consumption crash in near future.
May 06, 2003 ... Sinopec, PetroChina primed for domestic consumption crash in near future Shanghai. May 6. INTERFAX-CHINA - Sinopec and PetroChina, the two leading product oil producers in China, are both anticipating a squeeze on domestic product oil sales as a result of the SARS outbreak, and ...
China cuts Daqing, Liaohe crude transaction prices, but expected to maintain refined prices.
May 06, 2003 ... China cuts Daqing, Liaohe crude transaction prices, but expected to maintain refined prices Shanghai. May 6. INTERFAX-CHINA - China's top planning authority, the SDRC (State Development and Reform Commission) has recently cut the transaction prices of Daqing and Liaohe crude by ...
China oil exports rise by 86% year on year, fuel imports 79% up in Q1.
May 06, 2003 ... China oil exports rise by 86% year on year, fuel imports 79% up in Q1 Shanghai. May 6. INTERFAX-CHINA - China's oil export volume hit a record high in the first quarter, reaching 1.84 mln tons, up 86.18% year on year. The first quarter also saw 7.87 mln tons of fuel imports, a ...
Shanghai Gold Exchange seeks to open gold trading for individual investors.
May 06, 2003 ... Shanghai Gold Exchange seeks to open gold trading for individual investors Shanghai. May 6. INTERFAX-CHINA - The Shanghai Gold Exchange (SGE) has submitted an application to the People's Bank of China, China's central bank, requesting that individual investors be allowed to ...
Russian company will supply fuel for Chinese reactor.
May 06, 2003 ... Russian company will supply fuel for Chinese reactor Moscow. May 6. INTERFAX - The Machine Building Plant in Elektrostal, Moscow region, will deliver fuel for China's Experimental Fast Reactor (CEFR) at the Guizhou nuclear power plant, the plant's senior marketing official Vadim ...
Qinghai Province discovers super-large copper and silver mines.
May 06, 2003 ... Qinghai Province discovers super-large copper and silver mines Shanghai. May 6. INTERFAX-CHINA - Qinghai Provincial Geological and Mineral Prospecting Institute recently announced that large copper and silver metallic belts had been found in Qinghai Province, according to ...
China's first round-the-clock news channel, CCTV-13, launched in most large Chinese cities.
May 06, 2003 ... China's first round-the-clock news channel, CCTV-13, launched in most large Chinese cities Shanghai. May 6. INTERFAX-CHINA - China Central Television (CCTV), the largest TV station in China, announced coverage of its newly launched news channel, CCTV-13, in most big Chinese ...
Qiaoxing's Wuxiangtong phones to challenge market popularity of Xiaolingtong.
May 06, 2003 ... Qiaoxing's Wuxiangtong phones to challenge market popularity of Xiaolingtong Shanghai. May 6. INTERFAX-CHINA - NASDAQ-listed Qiaoxing Universal, the second largest telephone manufacturer in China, is providing a new way for China's mobile operators to compete with the popular ...
Ministry of Commerce urges local departments to attract foreign investment via the Internet.
May 06, 2003 ... Ministry of Commerce urges local departments to attract foreign investment via the Internet Shanghai. May 6. INTERFAX-CHINA - China's Ministry of Commerce urged foreign economic and trade departments at all levels and State-level economic and technology development zones to ...
Tongfang to launch 40 plus new consumer electronic models in 2003, USD 6 mln for promotion.
May 06, 2003 ... Tongfang to launch 40 plus new consumer electronic models in 2003, USD 6 mln for promotion Shanghai. May 6. INTERFAX-CHINA - Shenzhen Tsinghua Tongfang Co., a subsidiary of the Shanghai-listed Tsinghua Tongfang, announced expansion on China's consumer electronics market this ...
Wason opens Henan province's largest electrolytic copper foil production line.
May 06, 2003 ... Wason opens Henan province's largest electrolytic copper foil production line Shanghai. May 6. INTERFAX-CHINA - Henan Province's largest electrolytic copper foil production line has just been completed by Wason Copper Foil Co. Ltd., according to information announced to ...
China's Ministry of Health latest SARS statistics - as of 10 am May 5.
May 06, 2003 ... China's Ministry of Health latest SARS statistics - as of 10 am May 5 Shanghai. May 6. INTERFAX-CHINA- China's Ministry of Health (MOH) has reported it latest figures relating to the outbreak of SARS in the country, as of 10 am May 5. Beijing has seen the largest ...
China's gold industry profits climbed 60% yoy in 1Q03.
May 06, 2003 ... China's gold industry profits climbed 60% yoy in 1Q03 Shanghai. May 6. INTERFAX-CHINA - China's gold industry profits climbed 60% year-on-year during the first quarter of 2003 to RMB 372 mln (USD 44.94 mln), due to increased gold production and higher gold prices compared to the ...
Huludao Zinc to move high end.
May 06, 2003 ... Huludao Zinc to move high end Shanghai. May 6. INTERFAX-CHINA - China's largest zinc ingots producer, Huludao Zinc Industry Co. Ltd., has plans to upgrade its existing projects and develop new projects to fulfill the target set down in China's Tenth Five Year Plan, the company ...
Cathay believes air travel is safe, despite SARS fears.
May 07, 2003 ... Cathay believes air travel is safe, despite SARS fears Shanghai. May 7. INTERFAX-CHINA - Cathay Pacific Airways, the Hong Kong based international airline, believes air travel is safe, despite the current fears about the SARS virus. Cathay's director of Corporate ...
China's Ministry of Health latest SARS statistics - as of 10 am May 6.
May 07, 2003 ... China's Ministry of Health latest SARS statistics - as of 10 am May 6 Shanghai. May 7. INTERFAX-CHINA- China's Ministry of Health (MOH) has reported it latest figures relating to the outbreak of SARS in the country, as of 10 am May 6. Beijing has seen the largest ...
Russia mulls closing China border.
May 07, 2003 ... Russia mulls closing China border MOSCOW. May 6 (Interfax) - Russia's Main Sanitary Inspector Gennady Onishchenko said the Russian-Chinese border may be closed in the near future due to the SARS threat. "It's possible that I will raise the issue of fully closing the ...
Henan's coal industry garners USD 253.47 mln in industry output value in Q1, 2003.
May 07, 2003 ... Henan's coal industry garners USD 253.47 mln in industry output value in Q1, 2003 Shanghai. May 7. INTERFAX-CHINA - The coal sector in central China's Henan Province achieved an aggregate industry output value of RMB 2.098 bln (USD 253.47 mln) in the first quarter of this year, ...
SDRC penetrates power grid upgrades into counties nationwide.
May 07, 2003 ... SDRC penetrates power grid upgrades into counties nationwide Shanghai. May 7. INTERFAX-CHINA - In a bid to cater for the increasing power demand at the county level throughout China, the State Development Reform Commission (SDRC) recently issued a circular urging local ...
Mobile phone market structure gradually changing, Q1 performances of local brands diversified.
May 07, 2003 ... Mobile phone market structure gradually changing, Q1 performances of local brands diversified Shanghai. May 7. INTERFAX-CHINA - With market share of local brands of mobile phones rising beyond 40%, market competition is getting increasingly fierce in the first quarter of this ...
SAIC continues investigations into "illegal market behavior" during SARS scare.
May 07, 2003 ... SAIC continues investigations into "illegal market behavior" during SARS scare Shanghai. May 7. INTERFAX-CHINA - In order to preserve the "market order", and ensure the legal rights and health of the public, the State Administration of Industry and Commerce (SAIC) has been ...
Biggest oil tank of 5 mln cu m to be built in Aoshan, Zhenjiang.
May 07, 2003 ... Biggest oil tank of 5 mln cu m to be built in Aoshan, Zhenjiang Shanghai. May 7. INTERFAX-CHINA - China's biggest ever oil tank, with a capacity of 5 mln cu m, has passed an environmental impact assessment after eight years of preparation. With investment totaling RMB 2.8 bln ...
Baoji Titanium Industry explores technical cooperation with Japanese peers.
May 07, 2003 ... Baoji Titanium Industry explores technical cooperation with Japanese peers Shanghai. May 7. INTERFAX-CHINA - China's largest titanium processing company, the Shanghai-listed Baoji Titanium Industry Co. Ltd., has signed a technology-sharing letter of intent with a number of ...
Laiwu Iron and Steel 1Q03 net profits jump 18.23% yoy.
May 07, 2003 ... Laiwu Iron and Steel 1Q03 net profits jump 18.23% yoy Shanghai. May 7. INTERFAX-CHINA - One of China's larger iron and steel producers, Laiwu Iron and Steel Co. Ltd. (Laigang) reported a 2003 first quarter net profit rise of 18.23% year-on-year to RMB 101.53 mln (USD 12.26 mln), ...
Fushan Holdings Ltd. to develop coal resources in Loufan, Shanxi.
May 07, 2003 ... Fushan Holdings Ltd. to develop coal resources in Loufan, Shanxi Shanghai. May 7. INTERFAX-CHINA - The Hong Kong-based and listed Fushan Holdings Limited, recently entered into an agreement to develop coal and other mineral resources over the next 3-5 years at Loufan, a county ...
Sino-Platinum Metals set for Shanghai listing on May 16.
May 07, 2003 ... Sino-Platinum Metals set for Shanghai listing on May 16 Shanghai. May 7. INTERFAX-CHINA - Sino-Platinum Metals Co. Ltd., a company specializing in the research and development of high-purity precious metals and precious metal-based functional materials, plans to list on the ...
Lianyungang to be built into China's largest silicon industrial base.
May 07, 2003 ... Lianyungang to be built into China's largest silicon industrial base Shanghai. May 7. INTERFAX-CHINA - Jiangsu-based Lianyungang City has become China's largest silicon industrial base, generating total silicon deep processed output valued at RMB 4.38 bln (USD 528.99 mln), ...
Handan Iron and Steel raises steel output 13.35% yoy in 2003 first quarter.
May 07, 2003 ... Handan Iron and Steel raises steel output 13.35% yoy in 2003 first quarter Shanghai. May 7. INTERFAX-CHINA - Handan Iron and Steel Group Co. Ltd. (Hangang), one of China's leading steel makers, based in North China's Hebei Province, produced 1.37 mln tons of steel in the first ...
Shanxi Coal exports amounts to 3.85 mln tons in first quarter.
May 07, 2003 ... Shanxi Coal exports amounts to 3.85 mln tons in first quarter Shanghai. May 7. INTERFAX-CHINA - Northern China's Shanxi Province, the largest coal production center in the country, exported 3.85 mln tons of coal in the first quarter this year, rising significantly by 45.9% ...
Joy Mining Machinery aims to begin full production soon at Baotou service center.
May 07, 2003 ... Joy Mining Machinery aims to begin full production soon at Baotou service center Shanghai. May 7. INTERFAX-CHINA - Having finished commercial and industrial registration in August last year, the U.S.A.-based Joy Mining Machinery Co., Ltd. hopes to begin full production in its ...
China's electronic information product exports hit USD 25.71 bln in Q1, up 44.4% yr-on-yr.
May 07, 2003 ... China's electronic information product exports hit USD 25.71 bln in Q1, up 44.4% yr-on-yr Shanghai. May 7. INTERFAX-CHINA - Exports of China's electronic information products maintained high growth in the first quarter of this year, with export earnings reaching USD 25.71 bln, ...
Zhejiang Telecom selects Portal Software to support convergent services.
May 07, 2003 ... Zhejiang Telecom selects Portal Software to support convergent services Shanghai. May 7. INTERFAX-CHINA - NASDAQ-listed Portal Software has been selected by Zhejiang Telecom, a regional subsidiary of China's largest fixed-line telecom carrier, China Telecom, to provide its ...
Chinese banks investing heavily in IT infrastructures, SARS epidemic brings further boost.
May 07, 2003 ... Chinese banks investing heavily in IT infrastructures, SARS epidemic brings further boost Shanghai. May 7. INTERFAX-CHINA - Chinese banks are investing heavily in IT infrastructures to prepare for the growing challenges of their foreign counterparts following China's WTO entry ....
Baoshan Iron & Steel becomes qualified supplier to Caterpillar.
May 07, 2003 ... Baoshan Iron & Steel becomes qualified supplier to Caterpillar Shanghai. May 7. INTERFAX-CHINA - Shanghai-listed Baoshan Iron & Steel Co. Ltd., a subsidiary of China's largest steel maker Baosteel Group, has become a qualified supplier to U.S.-based Caterpillar, the world's ...
MEPS expects stainless steel demand in China to remain strong despite SARS.
May 07, 2003 ... MEPS expects stainless steel demand in China to remain strong despite SARS Shanghai. May 7. INTERFAX-CHINA - The SARS outbreak in China will slow Chinese economic activity, said MEPS International Ltd., a London-based consultancy covering the global steel industry, in a ...
RE-ISSUE: SAIC continues investigations into "illegal market behavior" during SARS scareAa.
May 07, 2003 ... RE-ISSUE: SAIC continues investigations into "illegal market behavior" during SARS scareAa This story re-issued due to formatting problems Shanghai. May 7. INTERFAX-CHINA - In order to preserve the "market order", and ensure the legal rights and health of the public, ...
Ningxia Province exports ferrosilicon 29,784.40 tons in 1Q 2003.
May 07, 2003 ... Ningxia Province exports ferrosilicon 29,784.40 tons in 1Q 2003 Shanghai. May 7. INTERFAX-CHINA - Ningxia Province has exported 29,784.40 tons of ferrosilicon in the first quarter of 2003, according to figures Interfax received from the Customs of Yinchuan, which involved a ...
Loss-making subsidiaries of Jitong to be closed or degraded to regional offices.
May 08, 2003 ... Loss-making subsidiaries of Jitong to be closed or degraded to regional offices Shanghai. May 8. INTERFAX-CHINA - Jitong Network Communication Co., a major IP telecom service provider in China, will close its loss-making subsidiaries or degrade them into regional offices, if ...
DBTEL and Siemens to market fashionable mobile phones to lure high-end users in China.
May 08, 2003 ... DBTEL and Siemens to market fashionable mobile phones to lure high-end users in China Shanghai. May 7. INTERFAX-CHINA - While price is becoming an ordinary weapon for handset vendors to snatch market share, more companies are designing new marketing methods to get out of the ...
100 countries impose restrictions on entry of Chinese citizens.
May 08, 2003 ... 100 countries impose restrictions on entry of Chinese citizens Shanghai. May 8. INTERFAX-CHINA - China's Ministry of Foreign Affairs has revealed that up to May 7, a total of 100 countries had imposed restrictions on visitors arriving from China in an effort to halt the spread ...
UTStarcom wins USD 20 mln Xiaolingtong contract in Jiangsu, subscription in Guangzhou surges.
May 08, 2003 ... UTStarcom wins USD 20 mln Xiaolingtong contract in Jiangsu, subscription in Guangzhou surges Shanghai. May 8. INTERFAX-CHINA - Wireless local loop service, or Xiaolingtong, is further expanding into Chinese cities, thanks to its much cheaper rates when compared to mobile ...
128 supercomputer CPUs running day and night at SSC to discover anti-SARS medicines.
May 08, 2003 ... 128 supercomputer CPUs running day and night at SSC to discover anti-SARS medicines Shanghai. May 8. INTERFAX-CHINA - Shanghai Institute of Materia Medica (SIMM), a unit of Chinese Academy of Sciences (CAS), doubled the number of Shenwei No.1 supercomputer CPUs from 64 to 128 ...
Shanghai announces restrictions on travel to SARS-infected regions.
May 08, 2003 ... Shanghai announces restrictions on travel to SARS-infected regions Shanghai. May 8. INTERFAX-CHINA - The municipal government of Shanghai have announced that local residents who travel to any of the 26 provinces currently reporting SARS cases or from infected areas outside of ...
Russia suspends all flights to and from China.
May 08, 2003 ... Russia suspends all flights to and from China MOSCOW. May 8 (Interfax) - The Russian civil aviation authorities have suspended regular passenger, cargo and postal flights to and from China, including Hong Kong and Taiwan. The State Civil Aviation Service has sent the ...
CNOOC affirms Australian reserve acquisition open, refuses comment on Kashagan.
May 08, 2003 ... CNOOC affirms Australian reserve acquisition open, refuses comment on Kashagan Shanghai. May 8. INTERFAX-CHINA - CNOOC Ltd. confirms that the option to acquire a further stake in the Australian Northwest Shelf venture has been kept open, and that the company's equity interest ...
Guizhou Panjiang Refined Coal Co.'s raw coal output drops by 31.83% to 320,000 tons in Q1.
May 08, 2003 ... Guizhou Panjiang Refined Coal Co.'s raw coal output drops by 31.83% to 320,000 tons in Q1 Shanghai. May 8. INTERFAX-CHINA - The Shanghai-listed Guizhou Panjiang Refined Coal Co., Ltd. has announced that it produced a total of 320,000 tons of raw coal in the first quarter this ...