China Business News back issues from August 2003:
Three Gorges Special Report Part Five: Battle against nature to last for a century.
Aug 01, 2003 ... Three Gorges Special Report Part Five: Battle against nature to last for a century Yichang. August 1. INTERFAX-CHINA - Emphasizing the long-term nature of the construction, many officials associated with the massive and historic Three Gorges Project have stressed to Interfax ...
MPCSH turnover in PP sales doubles, net profit rises 29.38%.
Aug 01, 2003 ... MPCSH turnover in PP sales doubles, net profit rises 29.38% Shanghai August 1. INTERFAX-CHINA - South China's Maoming Petrochemical Shihua Co. Ltd. (MPCSH) has announced that turnover from PP (polypropylene) sales jumped by 114.77% in the first half of this year compared to that ...
Mainland China's ex-im value of electronic information products hits USD 112.35 bln in Q2 2003.
Aug 01, 2003 ... Mainland China's ex-im value of electronic information products hits USD 112.35 bln in Q2 2003 Shanghai. August 1. INTERFAX-CHINA - The value of mainland China's exports and imports of electronic information products reached USD 112.35 bln in the first half of 2003, with a trade ...
ZTE wins contract from Vietnam ETC to provide its CDMA network solution.
Aug 01, 2003 ... ZTE wins contract from Vietnam ETC to provide its CDMA network solution Shanghai. August 1. INTERFAX-CHINA - ZTE, a Chinese telecom equipment manufacturer, has won a contract from Vietnam ETC, a Vietnamese telecom operator of a nationwide optical transmission network, to ...
Mainland China's CCC certification to be implemented beginning Aug. 1.
Aug 01, 2003 ... Mainland China's CCC certification to be implemented beginning Aug. 1 Shanghai. August 1. INTERFAX-CHINA - China's Certification and Accreditation Administration (CNCA) has announced that as of August 1, 2003, the CCC (or 3C) compulsory quality certification will be officially ...
China's digital camera sales volume down 27% in Q2.
Aug 01, 2003 ... China's digital camera sales volume down 27% in Q2 Shanghai. August 1. INTERFAX-CHINA - Mainland China's sales volume of digital cameras reached 162,200 units in the second quarter of 2003, dropping 27.26% upon the previous quarter, but up 41.66% compared to the same period of ...
Shanda details its disputes with Actoz on China's most popular game "Legend of Mir".
Aug 01, 2003 ... Shanda details its disputes with Actoz on China's most popular game "Legend of Mir" Shanghai. August 1. INTERFAX-CHINA - Shanghai Shanda Networking, the largest online game operator in China, for the first time disclosed all details of its cooperation and disputes with South ...
Huainan coalmines suffers losses caused by the flood.
Aug 01, 2003 ... Huainan coalmines suffers losses caused by the flood Shanghai. August 1. INTERFAX-CHINA - The state-owned Huainan Mining (Group) Corporation Limited, located in the city of Huainan in East China's Anhui Province, suffered about USD 7 mln in losses as a result of the recent ...
Mainalnd China's network consulting and integration market to reach USD 1.08 bln by 2007.
Aug 01, 2003 ... Mainalnd China's network consulting and integration market to reach USD 1.08 bln by 2007 Shanghai. August 1. INTERFAX-CHINA - Mainland China's network consulting and integration market will represent approximately 33% of the total network consulting and integration market of ...
Legend opens 3rd production base in Shanghai, forges networking alliance with Extreme Networks.
Aug 01, 2003 ... Legend opens 3rd production base in Shanghai, forges networking alliance with Extreme Networks Shanghai. August 1. INTERFAX-CHINA - Legend, the largest PC vendor in Asia Pacific, announced official operation of its third production base in China with total investment of RMB 60 ...
Ertan Hydropower Station to invest into a new hydropower project harnessing the Yabi River.
Aug 01, 2003 ... Ertan Hydropower Station to invest into a new hydropower project harnessing the Yabi River Shanghai. August 1. INTERFAX-CHINA - An official at the Sichuan Provincial Development Planning Commission confirmed to Interfax that the Ertan Hydropower Station Co., Ltd. is to invest in ...
GEFC selects Lucent to expand its SDH and DWDM networks in Guangdong.
Aug 01, 2003 ... GEFC selects Lucent to expand its SDH and DWDM networks in Guangdong Shanghai. August 1. INTERFAX-CHINA - Lucent Technologies has won contracts in China to provide optical networking solutions to help Guangdong Eastern Fibernet Co. (GEFC) expand the SDH (Synchronous Digital ...
NDRC will lower jet fuel price to boost civil aviation - report.
Aug 01, 2003 ... NDRC will lower jet fuel price to boost civil aviation - report Shanghai August 1. INTERFAX-CHINA - China's top planning authority, the National Development and Reform Commission (NDRC) will reportedly slash domestic wholesale prices for jet fuel by an average RMB 100-200 (USD ...
China ready to issue non-state crude and processed oil import quotas for next year.
Aug 01, 2003 ... China ready to issue non-state crude and processed oil import quotas for next year Shanghai August 1. INTERFAX-CHINA - China's Ministry of Commerce (MoU) will distribute 10.95 mln tons of crude oil and 6.1 mln tons of processed oil import quotas later this year to be used by ...
UTStarcom wins second ADSL contract with Netcom, national deployments top 500,000 lines.
Aug 01, 2003 ... UTStarcom wins second ADSL contract with Netcom, national deployments top 500,000 lines Shanghai. August 1. INTERFAX-CHINA - NASDAQ-listed UTStarcom, now the largest wireless local loop equipment vendor in China, continued gaining momentum in China's buoyant broadband market. On ...
Combined heat and power fuels the development of SDT.
Aug 01, 2003 ... Combined heat and power fuels the development of SDT Shanghai. August 1. INTERFAX-CHINA - The total assets of the Shenzhen-listed Shijiazhuang Dongfang Thermo Electricity Co., Ltd. climbed to RMB 2.217 bln (USD 267.85 mln) in the first six months of 2003, up 6.48% compared to ...
FEATURE: GSMA ready to fight for China.
Aug 01, 2003 ... FEATURE: GSMA ready to fight for China Shanghai. August 1. INTERFAX-CHINA - Robert G. Conway, CEO of the GSM Association (GSMA), stressed to Interfax during an exclusive interview the monumental position China is presently in as the country's two mobile carriers, China Mobile ...
China Unicom releases its future broadband business development strategy.
Aug 01, 2003 ... China Unicom releases its future broadband business development strategy Shanghai. August 1. INTERFAX-CHINA - China Unicom, one of mainland China's two mobile communication network operators, has released its future broadband business development strategy, which is composed of ...
IT expenditures by Chinese firms picks up after SARS.
Aug 01, 2003 ... IT expenditures by Chinese firms picks up after SARS Shanghai. August.1. INTERFAX-CHINA - IT expenditures by Chinese companies resumed after a temporary lull due to the SARS outbreak. Banking remains one of the most active sectors facilitating informatization in ...
More firms expand into China's software market despite growth slowdowns.
Aug 01, 2003 ... More firms expand into China's software market despite growth slowdowns Shanghai. August 1. INTERFAX-CHINA - Growth of China's software market slowed down in the first half of this year, but this did not stop the expansion of foreign software developers into the high potential ...
Hongda Chemical injects USD 18.48 mln for 51% stake in Yunnan Jinding Zinc Industry Co.
Aug 01, 2003 ... Hongda Chemical injects USD 18.48 mln for 51% stake in Yunnan Jinding Zinc Industry Co. Shanghai. August 1. INTERFAX-CHINA - Shanghai-listed Sichuan Hongda Chemical Industry Co. Ltd. inaugurated the Yunnan Jinding Zinc Industry Company, the company responsible for developing a ...
China's steel billet exports soars 201.8% to 1.06 mln tons over 1H.
Aug 01, 2003 ... China's steel billet exports soars 201.8% to 1.06 mln tons over 1H Shanghai. August 1. INTERFAX-CHINA - China exported 1.06 mln tons of steel billets during the first half of this year, representing year-on-year growth of 201.8%, including 100,000 tons contributed in June. ...
Silver market finishes lat trading day for the week on a positive note.
Aug 01, 2003 ... Silver market finishes lat trading day for the week on a positive note Shanghai. August 1. INTERFAX-CHINA - For the last trading day of the week, the silver market closed a little higher under the influence of international markets. On Thursday, the United States ...
SASAC: Industry output value in China's state-owned major enterprises totals USD 168.46 bln in 1H.
Aug 01, 2003 ... SASAC: Industry output value in China's state-owned major enterprises totals USD 168.46 bln in 1H Shanghai. August 1. INTERFAX-CHINA - Statistics released by China's State-owned Assets Supervision and Administration Commission of the State Council (SASAC) indicate that the ...
Taiwan opens doors to mainland steel.
Aug 01, 2003 ... Taiwan opens doors to mainland steel Shanghai. August 1. INTERFAX-CHINA - Today, Friday August 1 2003, marks a historic day for mainland China's iron and steel industry. According to an announcement from the Taiwanese government, 173 kinds of steel products will be allowed to ...
BP, GE Fund signed letter of intent with Dalian on building 500,000-ton crude oil wharf.
Aug 01, 2003 ... BP, GE Fund signed letter of intent with Dalian on building 500,000-ton crude oil wharf Shanghai. August 1. INTERFAX-CHINA - A supersized crude oil wharf of 500,000 tons is under consideration in northeast China's port city, Dalian. British Petroleum, GE Foundation, and Dalian ...
Xinjiang Ba Yi Iron & Steel issued interim report for 2003.
Aug 01, 2003 ... Xinjiang Ba Yi Iron & Steel issued interim report for 2003 Shanghai. August 1. INTERFAX-CHINA - Xinjiang Ba Yi Iron & Steel Corp., a leading steel maker in northern China's Xinjiang Uygur Autonomous Region, has released its 2003 interim report, its first since going public on ...
Shanghai sets informatization timetable, aims to be important IT hub in Asia Pacific by 2010.
Aug 01, 2003 ... Shanghai sets informatization timetable, aims to be important IT hub in Asia Pacific by 2010 Shanghai. August 1. INTERFAX-CHINA - Shanghai outlined a development schedule for city informatization at a recent working meeting held by the municipal government. The city aims to ...
New company set up to sell Chinese version Midori Linux products.
Aug 01, 2003 ... New company set up to sell Chinese version Midori Linux products Shanghai. August 1. INTERFAX-CHINA - Transmeta, Culturecom Holdings, and eForce Holdings have jointly set up a new company, Chinese 2 Linux (C2L), to promote, advertise, distribute and sell the Midori Linux ...
Xinjiang Joinworld reports net profit jump of 49.89% in 1H03.
Aug 01, 2003 ... Xinjiang Joinworld reports net profit jump of 49.89% in 1H03 Shanghai. August 1. INTERFAX-CHINA - Shanghai-listed Xinjiang Joinworld Co. Ltd., China's largest refined aluminum producer and sole producer of aluminum foil for electrolytic capacitors, reported a 1H03 net profits ...
Meizhong Aluminum secures 300,000-ton alumina project contract in Baofeng, Henan.
Aug 01, 2003 ... Meizhong Aluminum secures 300,000-ton alumina project contract in Baofeng, Henan Shanghai. August 1. INTERFAX-CHINA - The Henan Meizhong Aluminum Industry Co. Ltd. recently signed an agreement with the government of Baofeng County, in central China's Henan Province, to launch a ...
ZTE secures NGN contract with Romanian telecom operator POSTelecom.
Aug 04, 2003 ... ZTE secures NGN contract with Romanian telecom operator POSTelecom Shanghai. August 4. INTERFAX-CHINA - ZTE, a mainland Chinese telecom equipment vendor, has won a turnkey contract to set up a national NGN (Next Generation Network) for Romanian telecom operator POSTelecom. ...
Zhenhai predicts whole-year refining output at 13 mln tons.
Aug 04, 2003 ... Zhenhai predicts whole-year refining output at 13 mln tons Shanghai August 4. INTERFAX-CHINA - China's largest refinery, Zhenhai, told Interfax on Monday, August 4, that its July processing volume reached 1.14 mln tons. The refining output planned for August has been set at 1.15 ...
Beijing Olympic Emblem unveiled, marketing campaign coming soon.
Aug 04, 2003 ... Beijing Olympic Emblem unveiled, marketing campaign coming soon Shanghai. August 4. INTERFAX-CHINA - The Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG) unveiled the Olympic emblem for the 2008 Beijing Olympics August 3. Wu Bangguo, chairman of the ...
Legend wins biggest contract ever on China's IT education market.
Aug 04, 2003 ... Legend wins biggest contract ever on China's IT education market Shanghai. August 4. INTERFAX-CHINA - Legend, the largest PC vendor in Asia Pacific, announced a new contract for the second phase of China's School Campus Network Link Project (Xiaoxiaotong in Chinese) with the ...
Guangdong Mobile and G-Mode jointly provide K-Java based online games for mobile subscribers.
Aug 04, 2003 ... Guangdong Mobile and G-Mode jointly provide K-Java based online games for mobile subscribers Shanghai. August 4. INTERFAX-CHINA - Guangdong Mobile, one of China Mobile's provincial units, has begun collaboration with Japan-based G-Mode, the largest K-Java online game provider in ...
Construction on Dafosi coalmine begins in Shaanxi.
Aug 04, 2003 ... Construction on Dafosi coalmine begins in Shaanxi Shanghai. August 4. INTERFAX-CHINA - Yang Jinchan, an official at the Xianyang Municipal Coal Industry Bureau told Interfax, the Dafosi coalmine started construction on August 1. The coalmine, located in the County of ...
Guangzhou busts largest diesel smuggling ring.
Aug 04, 2003 ... Guangzhou busts largest diesel smuggling ring Shanghai. August 4. INTERFAX-CHINA - China's largest diesel smuggling ring, involving quantities of oil worth a total of RMB 1.4 bln (USD 169.08 mln) over the past six years, was broken in the southern Chinese city of Guangzhou ...
Analysts: molybdenum market oversupply seen as short term hiccup.
Aug 04, 2003 ... Analysts: molybdenum market oversupply seen as short term hiccup Shanghai. August 4. INTERFAX-CHINA - During late June and early July, molybdenum market prices both at home and overseas fell 3-5% a ton. Despite this, experts foresee molybdenum demand continuing to exceed supply ...
China Power International takes 6% stake in CEM.
Aug 04, 2003 ... China Power International takes 6% stake in CEM Shanghai. August 4. INTERFAX-CHINA- On July 29, a ceremony was held in the Special Administrative Region of Macao to mark the acquisition of a 6% stake in Companhia de Electricidade de Macau (CEM) by China Power International ...
China Telecom begins national interconnection project of its video communications service.
Aug 04, 2003 ... China Telecom begins national interconnection project of its video communications service Shanghai. August 4. INTERFAX-CHINA - China Telecom, one of mainland China's two fixed-line network operators, has begun a national interconnection project for its video communications ...
Still no discussion between Sinopec, ExxonMobil, and Saudi Aramco on Fujian project.
Aug 04, 2003 ... Still no discussion between Sinopec, ExxonMobil, and Saudi Aramco on Fujian project Shanghai August 4. INTERFAX-CHINA - An undisclosed disagreement means that negotiations between Sinopec, ExxonMobil and Saudi Aramco on the Fujian integrated petrochemical project have not ...
Profits of China Huadian Corporation reach USD 67.66 mln.
Aug 04, 2003 ... Profits of China Huadian Corporation reach USD 67.66 mln Shanghai. August 4. INTERFAX-CHINA - The Beijing-based China Huadian Corporation, a large-scale state-owned enterprise, saw its profits reach RMB 560 mln (USD 67.66 mln) in the first half of 2003. Total power ...
Nokia to help China Telecom construct 100,000 new DSL lines.
Aug 04, 2003 ... Nokia to help China Telecom construct 100,000 new DSL lines Shanghai. August 4. INTERFAX-CHINA - Nokia has inked a framework agreement with China Telecom to provide DSL equipment sufficient for 100,000 new DSL lines in the provinces of Fujian, Guangdong, Hunan and Jiangsu. Under ...
Hong Kong-listed Xinao Gas obtains Kaifeng Gas assets.
Aug 04, 2003 ... Hong Kong-listed Xinao Gas obtains Kaifeng Gas assets Shanghai. August 4. INTERFAX-CHINA - A source with the Public Utility Department of the local government in Kaifeng, in central China's Henan Province, confirmed to Interfax that the Hong Kong-listed Xinao Gas Holdings ...
Dongfang 1-1 Gas Field in South China Sea makes initial delivery to land.
Aug 04, 2003 ... Dongfang 1-1 Gas Field in South China Sea makes initial delivery to land Shanghai August 4. INTERFAX-CHINA - CNOOC's first independently-explored and developed offshore gas field, Dongfang 1-1, in the South China Sea, commenced formal gas delivery to the land terminal in ...
PeopleSoft establishes branch in Shanghai, its 2nd in China.
Aug 04, 2003 ... PeopleSoft establishes branch in Shanghai, its 2nd in China Shanghai. August 4. INTERFAX-CHINA - PeopleSoft, a real-time enterprise application software provider, has announced the official establishment of its Shanghai branch, the company's second in mainland China. The ...
Harbin gas company makes way for Russian gas.
Aug 04, 2003 ... Harbin gas company makes way for Russian gas Shanghai. August 4. INTERFAX-CHINA -The Harbin Gasification Company is looking for ways to survive after the natural gas from Russia starts to supply the cities in northern China by 2008 as planned, the company told Interfax. ...
Dalian to further exploit wind power.
Aug 04, 2003 ... Dalian to further exploit wind power Shanghai. August 4. INTERFAX-CHINA - The local Development Planning Commission of Changhai County, situated in the city of Dalian in northeastern China's Liaoning Province, told Interfax that the third phase of the wind power project in ...
1H ex/im value of the petrochemical industry stands at USD 53.28 bln.
Aug 04, 2003 ... 1H ex/im value of the petrochemical industry stands at USD 53.28 bln Shanghai August 4. INTERFAX-CHINA - According to information disclosed by the National Oil & Chemical Industry Economic Performance Conference held in Beijing last week, USD 53.28 bln worth of export/import ...
China Netcom finishes construction of its nationwide Mobile Office hotspot network.
Aug 04, 2003 ... China Netcom finishes construction of its nationwide Mobile Office hotspot network Shanghai. August 4. INTERFAX-CHINA - China Netcom, one of mainland China's fixed-line network operators, has finished construction of its nationwide Mobile Office (Wu Xian Ban lv) hotspot network ....
Copper and aluminum daily futures close marginally down, tracking international markets.
Aug 04, 2003 ... Copper and aluminum daily futures close marginally down, tracking international markets Shanghai. August 4. INTERFAX-CHINA - Copper and aluminum futures closed marginally down on Monday August 4, tracking international markets, on the Shanghai Futures Exchange (SHFE), according ...
1H03 silver exports rose 30.4%.
Aug 04, 2003 ... 1H03 silver exports rose 30.4% Shanghai. August 4. INTERFAX-CHINA - According to data released by China's General Customs Administration, silver exports surged 30.4% in the first half of this year, compared to the same period last year. From January to June 2003, ...
August 4: Au99.95 gold daily price down 1.04%; Au99.99 gold 1.12% lower.
Aug 04, 2003 ... August 4: Au99.95 gold daily price down 1.04%; Au99.99 gold 1.12% lower Shanghai. August 4. INTERFAX-CHINA - On the Shanghai Gold Exchange (SGE), Au99.95 gold closed Monday at RMB 93.32 (USD 11.27) per gram, edging down 1.04% compared to last Friday, while Au99.99 gold ended at ...
Angelciti takes a bet on China.
Aug 05, 2003 ... Angelciti takes a bet on China Shanghai. August 5. INTERFAX-CHINA - Angelciti Entertainment Inc., an operator of online casinos, has announced plans to open a new Chinese language online casino specifically targeting the greater China gambling market, with the mainland Chinese ...
JV shallow-sea oil block in Bohai Bay comes on-stream.
Aug 05, 2003 ... JV shallow-sea oil block in Bohai Bay comes on-stream Shanghai August 5. INTERFAX-CHINA - China's largest Sino-foreign shallow-sea oil block, Zhaodong, in Dagang, Bohai Bay, has begun producing 6,000 barrels daily, the project's joint investors, PetroChina and Apache Corp., ...
JCIC applies for resumption of domestic trading after loss turnaround in 1H.
Aug 05, 2003 ... JCIC applies for resumption of domestic trading after loss turnaround in 1H Shanghai August 5. INTERFAX-CHINA - Jilin Chemical Industrial Co. Ltd.. (JCIC), currently trading in New York and Hong Kong, made an official application to the Shenzhen Stock Exchange on Tuesday to ...
Waterway traffic blocks the power coal supply.
Aug 05, 2003 ... Waterway traffic blocks the power coal supply Shanghai. August 5. INTERFAX-CHINA - The waterway traffic along the Grand Canal, a main route allowing power coal in North China to be delivered to the South, has led to coal shortages at a number of thermopower plants in the ...
China imports 72.48 mln tons of iron ore sand and concentrates worth USD2.04 bln during 1H03.
Aug 05, 2003 ... China imports 72.48 mln tons of iron ore sand and concentrates worth USD2.04 bln during 1H03 Shanghai. August 5. INTERFAX-CHINA - Statistics compiled and released by China's General Administration of Customs, indicate that China's imports of four major ore sand and concentrate ...
Taiyuan Iron & Steel Group's revenues lift 41.81% yoy to USD 9.44 bln in 1H03.
Aug 05, 2003 ... Taiyuan Iron & Steel Group's revenues lift 41.81% yoy to USD 9.44 bln in 1H03 Shanghai. August 4. INTERFAX-CHINA - The Taiyuan Iron & Steel (Group) Co. Ltd. (Taigang), a leading steel maker based in Taiyuan, the capital of northern China's Shanxi Province, realized RMB 7.81 bln ...
CEC launches CEC Holdings for future listing of its IT subsidiaries overseas.
Aug 05, 2003 ... CEC launches CEC Holdings for future listing of its IT subsidiaries overseas Shanghai. August 4. INTERFAX-CHINA - China Electronics Corporation (CEC), a purely state-owned enterprise directly attached to the State-owned Assets Supervision and Administration Commission of the ...
CATR to host global summit, "3G in China", in Beijing.
Aug 05, 2003 ... CATR to host global summit, "3G in China", in Beijing Shanghai. August 5. INTERFAX-CHINA - China Academy of Telecommunications Research (CATR), the largest government-backed telecom science and technology researcher in China, will launch a global summit named "3G in China" in ...
MapInfo partners with Beida Jade Bird to expand its business in China.
Aug 05, 2003 ... MapInfo partners with Beida Jade Bird to expand its business in China Shanghai. August 5. INTERFAX-CHINA - MapInfo, a global software company specializing in location-based information systems, announced a partnership with Shanghai-listed Beida Jade Bird Ltd. to expand its ...
Datang Telecom wins Guanxi Mobile 2003 digital microwave project.
Aug 05, 2003 ... Datang Telecom wins Guanxi Mobile 2003 digital microwave project Shanghai. August 5. INTERFAX-CHINA - Datang Telecom, one of China's leading telecommunications equipment venders, announced its successful bid for Guangxi Mobile's 2003 digital microwave project, according to ...
Guizhou APAC Minerals entity unveiled as operator for Sino-Canadian Nibao Gold Mine.
Aug 05, 2003 ... Guizhou APAC Minerals entity unveiled as operator for Sino-Canadian Nibao Gold Mine Shanghai. August 4. INTERFAX-CHINA - The Guizhou APAC Minerals Co. Ltd. was inaugurated on July 31 in Guizhou, the capital of southwestern China's Guizhou Province, as the operator for the Nibao ...