China Business News back issues from August 2006:
Today's Headline News, at 6:40 p.m. Beijing time, August 1, 2006.
Aug 01, 2006 ... Today's Headline News, at 6:40 p.m. Beijing time, August 1, 2006 Shanghai. August 1. INTERFAX-CHINA - This is a summary of news in China on August 1, 2006. China General News Celebrating the 79th anniversary of the founding the People's Liberation Army, China's ...
Individual gold exchange in Guangzhou opens to satisfy growing demand.
Aug 01, 2006 ... Individual gold exchange in Guangzhou opens to satisfy growing demand Shanghai. August 1. INTERFAX-CHINA - A gold exchange for individual gold trading recently opened in Guangzhou as demand for gold investments continues to grow in China. The Guangdong Yuebao Gold ...
Hospital records to be made transparent by 2008.
Aug 01, 2006 ... Hospital records to be made transparent by 2008 Shanghai. August 1. INTERFAX-CHINA - Information on hospitals' affairs, such as doctors' qualifications, medical service charges as well as medical material and drug prices are to be made fully public, according to a report by the ...
PetroChina plans to discover 100 bln cu m of gas in Sichuan Guang'an this year.
Aug 01, 2006 ... PetroChina plans to discover 100 bln cu m of gas in Sichuan Guang'an this year Shanghai. August 1. INTERFAX CHINA - PetroChina, the listed vehicle of CNPC, the nation's largest state oil company, plans to discover 100 bln cu m of gas in the Guang'an district of Sichuan within ...
Baosight H1 revenues up 9.37% year-on-year to USD 83.57 mln.
Aug 01, 2006 ... Baosight H1 revenues up 9.37% year-on-year to USD 83.57 mln Shanghai. August 1. INTERFAX-CHINA - Shanghai listed Shanghai Baosight Software, as a subsidiary of Shanghai Baoshan Iron & Steel Group, recorded USD 42.41 mln in total revenues for the second quarter of 2006, down ...
Chinese stock market falls for fourth consecutive day.
Aug 01, 2006 ... Chinese stock market falls for fourth consecutive day Shanghai. August 1. INTERFAX-CHINA - Chinese stock market fell for the fourth consecutive session on Tuesday amid lingering worries about the rapid pace of market expansion and the possible introduction of stringent new ...
Daqin Railway debuts on Shanghai Stock Exchange.
Aug 01, 2006 ... Daqin Railway debuts on Shanghai Stock Exchange Shanghai. August 1. INTERFAX-CHINA - The Daqin Railway, a key railway route transporting coal produced in Shanxi, Shaanxi and Inner Mongolia to the eastern Qinhuangdao Port, made its debut on the Shanghai Stock Exchange on Tuesday, ...
Meetic dating community launches Chinese site with Yeeyoo.com.
Aug 01, 2006 ... Meetic dating community launches Chinese site with Yeeyoo.com Shanghai. August 1. INTERFAX-CHINA - Meetic, an European online dating and community site, officially launched a Chinese version website (http://www.meetic.com.cn) in conjunction with Chinese social networking service ...
Shanghai gold Au99.95 down 0.447%, Au99.99 down 0.202%, and platinum 0.428% higher.
Aug 01, 2006 ... Shanghai gold Au99.95 down 0.447%, Au99.99 down 0.202%, and platinum 0.428% higher Shanghai. August 1. INTERFAX-CHINA - Shanghai gold Au99.95 ended at RMB 162.48 (USD 20.38) per gram on Tuesday, 0.447% lower than the previous trading day. Au99.99 ended at RMB 162.77 (USD 20.42) ...
China Events Calendar for August 1, 2006.(Calendar)
Aug 01, 2006 ... China Events Calendar for August 1, 2006 Shanghai. August 1. INTERFAX-CHINA - Events July 31 Market Shantou Electric Power Development Corporation holds shareholders meeting. Sichuan Baoguang Pharmaceutical Technology Corporation holds shareholders meeting. ...
China press review for August 1, 2006 - The Evening Papers.
Aug 01, 2006 ... China press review for August 1, 2006 - The Evening Papers Shanghai. August 1. INTERFAX-CHINA - The following is a digest of China newspapers published on August 1. Interfax does not accept liability for information in these stories. Government and Politics ...
Changsha-Changde gas pipeline succeeds trial operation.
Aug 01, 2006 ... Changsha-Changde gas pipeline succeeds trial operation Shanghai. August 1. INTERFAX-CHINA - The natural gas pipeline linking the cities of Changsha and Changde in central China's Hunan Province successfully completed trial operations on July 28, according to the Changde ...
SFDA clarifies manufacturers responsibilities in new drug distribution regulation.
Aug 01, 2006 ... SFDA clarifies manufacturers responsibilities in new drug distribution regulation Shanghai. August 1. INTERFAX-CHINA - The State Food and Drug Administration (SFDA) issued a new regulation covering drug distribution system yesterday for public consultation. The ...
New medical device evaluation system will favour domestic manufacturers -industry insider.
Aug 01, 2006 ... New medical device evaluation system will favour domestic manufacturers -industry insider Shanghai. August 1. INTERFAX-CHINA - A new medical device evaluation and specification system to guide hospitals' purchasing decisions will favor Chinese-made products, an industry figure ...
Sinopec signs Iranian oil refinery upgrade deal.
Aug 01, 2006 ... Sinopec signs Iranian oil refinery upgrade deal Shanghai. August 1. INTERFAX CHINA - Sinopec, Asia's largest oil refiner, signed an agreement with Iran on Monday to help upgrade one of its oil refineries, said the Iranian oil ministry. According to the agreement, ...
Sinopec and Shenhua in talks on CTL product sales.
Aug 01, 2006 ... Sinopec and Shenhua in talks on CTL product sales Shanghai. August 1. INTERFAX CHINA - Shenhua Coal Group (Shenhua), the country's largest coal producer, and Sinopec, the nation's largest oil distributor, are in talks about possible collaboration in the distribution and sales of ...
Interview with Su Liang, CEO of DigiFun.(Interview)(Company overview)
Aug 01, 2006 ... Interview with Su Liang, CEO of DigiFun Shanghai. August 1. INTERFAX-CHINA - DigiFun Corporation is an emerging mobile game service provider (SP) established in August 2003. Headquartered in Shenzhen, the company has subsidiaries in Nanjing, Guangzhou and Beijing and ...
Chongqing Steel trying to move away from iron ore imports.
Aug 01, 2006 ... Chongqing Steel trying to move away from iron ore imports Shanghai. August 1. INTERFAX-CHINA - Chongqing Iron and Steel Group plans to consolidate iron ore mines in the southwestern province of Sichuan in order to break away from imports as its capacity grows over the next four ...
Konka records flat-panel TV sales of 240,000 units in 2006 H1.
Aug 01, 2006 ... Konka records flat-panel TV sales of 240,000 units in 2006 H1 Shanghai. August 1. INTERFAX-CHINA . Chinese TV maker Konka reported sales volume of 240,000 flat-panel TV units in the first half of 2006, representing a yearly growth of 584%. Flat-panel TV sales revenues soared by ...
Silver in Shanghai ends high.
Aug 01, 2006 ... Silver in Shanghai ends high Shanghai. August 1 INTERFAX-CHINA - Silver trade on the Shanghai White Platinum and Silver Exchange ended high Tuesday. Each of the series prices recorded rises. The following table provides details of today's trading on the Shanghai White ...
Founder H1 net profit up 17.6% YOY to USD 10.5 mln.
Aug 01, 2006 ... Founder H1 net profit up 17.6% YOY to USD 10.5 mln Shanghai. August 1. INTERFAX-CHINA - Shanghai-listed Founder Technology Group Corp., the second largest Chinese PC maker, recorded net profit of RMB 84.1 mln (USD 10.5 mln) for the first half of 2006, up 17.6 % year- on-year. ...
PetroChina and Tianjin Pipe Group sign strategic cooperation agreement.
Aug 01, 2006 ... PetroChina and Tianjin Pipe Group sign strategic cooperation agreement Shanghai. August 1. INTERFAX CHINA - PetroChina, the listed arm of the China National Petroleum Corporation (CNPC), and the Tianjin Pipe Group (TPCO), one of its oil and gas pipe suppliers, signed a strategic ...
SMS spammer pimps busted by Beijing authorities.
Aug 01, 2006 ... SMS spammer pimps busted by Beijing authorities Beijing. August 1. INTERFAX-CHINA - Beijing investigators have arrested two men who allegedly masterminded a plot to solicit customers for prostitutes through SMS text message spam, a representative of the Chaoyang Procuratorate, ...
Yangtze River Pharma disqualified from Ningxia bid after forging documents.
Aug 01, 2006 ... Yangtze River Pharma disqualified from Ningxia bid after forging documents Shanghai. August 1. INTERFAX-CHINA - One of the largest pharmaceutical companies in China has been disqualified from taking part in a Chinese Province's drug procurement bidding for two years after ...
China press review for August 1, 2006 - The Morning Papers.
Aug 01, 2006 ... China press review for August 1, 2006 - The Morning Papers Shanghai. August 1. INTERFAX-CHINA - The following is a digest of China newspapers published on August 1. Interfax does not accept liability for information in these stories. Politics & Economics The benchmark ...
Eastcompeace H1 net profit down 29.2% YoY to USD 1.1 mln.
Aug 01, 2006 ... Eastcompeace H1 net profit down 29.2% YoY to USD 1.1 mln Shanghai. August 1. INTERFAX-CHINA - Eastcompeace, the largest domestic supplier of smart card solutions in China, recorded principal business revenues of RMB 274.6 mln (USD 34.3 mln), a year-on-year decline of 27.3%. ...
China's steel production continues rapid rise in H1.
Aug 01, 2006 ... China's steel production continues rapid rise in H1 Shanghai. August 1. INTERFAX-CHINA - China's steel industry continued to grow at a fast pace in the first half of the year with iron and steel production increasing at an average of 22%, according to the China Iron and Steel ...
Lanhua Group signed three agreements on coal chemical.
Aug 01, 2006 ... Lanhua Group signed three agreements on coal chemical Shanghai. August 1. INTERFAX-CHINA - The Lanhua Coal Industry Group from Shanxi Province signed three coal chemical agreements with companies from Hong Kong, Taiwan and Indonesia during an investment fair held by the province ...
China Telecom teams up with SPs to prepare for 3G.
Aug 01, 2006 ... China Telecom teams up with SPs to prepare for 3G Shanghai. August 1. INTERFAX-CHINA - China Telecom has teamed up with several wireless value-added service (WVAS) providers on 3G content and established a subsidiary in Sichuan for its development. "We have signed ...
Towngas signs CBM liquefaction agreement with Shanxi (update).
Aug 01, 2006 ... Towngas signs CBM liquefaction agreement with Shanxi (update) Shanghai. August 1. INTERFAX-CHINA - Hong Kong's Towngas signed a framework agreement on CBM (coalbed methane) development with the Shanxi Provincial government last Thursday during a Shanxi investment fair held in ...
KongZhong to cut workforce by 15% in response to new operator policies.
Aug 01, 2006 ... KongZhong to cut workforce by 15% in response to new operator policies Shanghai. August 1. INTERFAX-CHINA - China wireless value-added services (WVAS) provider KongZhong Corporation announced a program to cut its workforce by 15%. "The cut will not affect any ...
China Minmetals acquires Hunan construction company.
Aug 01, 2006 ... China Minmetals acquires Hunan construction company Shanghai. August 1. INTERFAX-CHINA - China Minmetals, China's largest metals trader, signed a framework agreement with the Hunan provincial government last week to acquire China Ershisanyejian Construction Group Co., according ...
Shanghai fuel oil futures recover amid worries of Middle East violence and Russian pipeline leak.
Aug 01, 2006 ... Shanghai fuel oil futures recover amid worries of Middle East violence and Russian pipeline leak Shanghai. August 1. INTERFAX-CHINA - Fuel oil futures on the Shanghai Futures Exchange (SHFE) on Tuesday recovered some of the ground lost in the previous few sessions, with investor ...
Capital Cancer Union set up in Beijing.
Aug 01, 2006 ... Capital Cancer Union set up in Beijing Shanghai. August 1. INTERFAX-CHINA - Nine hospitals and research institutes in Beijing have set up a cancer research union to merge their resources and boost their efforts in the city. The Grand Capital Cancer Union was set up ...
China to host Bluetooth technology summit in September 2006.
Aug 01, 2006 ... China to host Bluetooth technology summit in September 2006 Shanghai. August 1. INTERFAX-CHINA - China will host a Bluetooth technology and product discussion summit in Shenzhen in September to discuss the development outlook of Bluetooth in China, the event organizer 3G ...
Yinhai Aluminum to expand capacity by 100,000 tons.
Aug 01, 2006 ... Yinhai Aluminum to expand capacity by 100,000 tons Shanghai. August 1. INTERFAX-CHINA - Yinghai Aluminum Co. Ltd., a state- owned company in Guangxi Province, plans to build an aluminum line with annual capacity of 100,000 tons at the end of the year, a senior company official ...
Yunnan Aluminum see profits up 33% in first half.
Aug 01, 2006 ... Yunnan Aluminum see profits up 33% in first half Shanghai. August 1. INTERFAX-CHINA - Yunnan Aluminum Co. Ltd.'s profits were up 33.34% to RMB 88.23 mln (USD 11 mln), according to the company's financial report for the first half of this year. According to the ...
Yuguang Gold & Lead's profits up 33% in H1.
Aug 01, 2006 ... Yuguang Gold & Lead's profits up 33% in H1 Shanghai. August 1. INTERFAX-CHINA - Yuguang Gold & Lead Co. Ltd., China's largest lead producer, announced this week profits rose 33.35% to RMB 55.34 mln (USD 6.94 mln) in the first half the year from the same time last year due to ...
Unauthorized use of radio station frequencies in Beijing subject to USD 3,750 penalty.
Aug 01, 2006 ... Unauthorized use of radio station frequencies in Beijing subject to USD 3,750 penalty Shanghai. August 1. INTERFAX-CHINA - The Beijing government recently released a preliminary rule forbidding unauthorized radio station callsigns or frequencies, the government announced at its ...
Corning names John Bayne president of CDT China.
Aug 01, 2006 ... Corning names John Bayne president of CDT China Shanghai. August 1. INTERFAX-CHINA - US-based Corning has announced John Bayne as president of Corning Display Technologies (CDT) China, who will relocate from New York City to Beijing this month with his family. Bayne, ...
Shougang to export more steel products to Europe.
Aug 01, 2006 ... Shougang to export more steel products to Europe Shanghai. August 1. INTERFAX-CHINA - Shoudu Iron and Steel Group (Shougang), China's sixth largest steelmaker, plans to target Europe in an effort to alleviate pressure from mounting dumping complaints against China in other ...
Negotiating healthcare red tape now done online in Guangdong.
Aug 01, 2006 ... Negotiating healthcare red tape now done online in Guangdong Shanghai. August 1. INTERFAX-CHINA - As many as 26 administrative approval procedures can now be carried out online in Guangdong Province, following the launch of a new bureaucratic system. Procedures such ...
China investigating 576 medical corruption cases.
Aug 01, 2006 ... China investigating 576 medical corruption cases Shanghai. August 1. INTERFAX-CHINA - China was investigating 576 cases of medical bribes in June this year, involving sums totaling RMB 70 mln (USD 8.75 mln), according to official figures. The Chinese Leadership Team ...
Shanghai fuel oil futures extend gains on Iran and hurricane worries.
Aug 02, 2006 ... Shanghai fuel oil futures extend gains on Iran and hurricane worries Shanghai. August 2. INTERFAX-CHINA - Fuel oil futures on the Shanghai Futures Exchange (SHFE) extended their gains on Wednesday, encouraged by rising international oil prices overnight after Iran defied a UN ...
Shenzhen medical device exports rocket by 43.5%.
Aug 02, 2006 ... Shenzhen medical device exports rocket by 43.5% Shanghai. August 2. INTERFAX-CHINA - Shenzhen, a key medical manufacturing base in China has seen medical device exports rocket by 43.5%. According to statistics by Shenzhen customs, export values increased from USD 200 ...
Flextronics takes Kodak digital camera facilities in Shanghai.
Aug 02, 2006 ... Flextronics takes Kodak digital camera facilities in Shanghai Shanghai. August 2. INTERFAX-CHINA - Eastman Kodak Company will hand over its digital camera facility in Shanghai to Singapore-based Flextronics as part of their digital camera manufacturing transaction agreement, the ...
Magang's profits down 49% in H1 due to lower product prices.
Aug 02, 2006 ... Magang's profits down 49% in H1 due to lower product prices Shanghai. August 2. INTERFAX-CHINA - Ma'anshan Iron and Steel Co. Ltd. (Magang) announced Wednesday profits dropped 49% in the first half form a year earlier due to lower steel product prices. ...
Tibetan medical research institute set up.
Aug 02, 2006 ... Tibetan medical research institute set up Shanghai. August 2. INTERFAX-CHINA - The Tibet Medical Research Institute was opened yesterday, aiming to centralize knowledge about the autonomous region's medicine and put it into clinical application. The new establishment ...
Chinese stock market pauses after a four-day bear run.
Aug 02, 2006 ... Chinese stock market pauses after a four-day bear run Shanghai. August 2. INTERFAX-CHINA - Chinese stock market paused on Wednesday after a four-day bear run brought on by fears of fast market expansion. The benchmark Shanghai composite index (SCI) was up 1.13 points, ...
Alcatel Shanghai Bell's NGN core product 1430 HLR certified by MII.
Aug 02, 2006 ... Alcatel Shanghai Bell's NGN core product 1430 HLR certified by MII Shanghai. August 2. INTERFAX-CHINA - Alcatel Shanghai Bell (ASB) announced Wednesday that 1430 HLR, its core product for next generation network (NGN) solution, received Network Access License (NAL) ...
Community health measures called for to fight heart disease.
Aug 02, 2006 ... Community health measures called for to fight heart disease Shanghai. August 2. INTERFAX-CHINA - Experts are calling for the establishment of a community-based cardiovascular disease prevention and treatment network in China, in response to cardiovascular disease sufferers ...
Shanghai copper lower and aluminum higher.
Aug 02, 2006 ... Shanghai copper lower and aluminum higher Shanghai. August 2. INTERFAX-CHINA - Shanghai copper futures ended lower Wednesday following the London Metal Exchange (LME) as prices fell 2.3%. Shanghai aluminum ended higher, according to the Shanghai Futures Exchange ...
Steel groups urge steelmakers should spread steel product exports to more countries.
Aug 02, 2006 ... Steel groups urge steelmakers should spread steel product exports to more countries Shanghai. August 2. INTERFAX-CHINA - China's two major steel industry groups are urging steelmakers to spread out exports in an effort to prevent dumping and trade friction. The China ...
Argogroup deploys platform for China's TD-SCDMA standard.
Aug 02, 2006 ... Argogroup deploys platform for China's TD-SCDMA standard Shanghai. August 2. INTERFAX-CHINA - UK-based Argogroup announced Tuesday its deployment of a quality management platform for China's TD- SCDMA network. The platform, Monitor Master, will provide operators in ...
China Voice Holding Corporation gets nod for new wireless broadband technology in China.
Aug 02, 2006 ... China Voice Holding Corporation gets nod for new wireless broadband technology in China Shanghai. August 2. INTERFAX-CHINA - China Voice Holding Corporation announced Tuesday the availability of its new technology for broadband connectivity in mainland China. The ...
China press review for August 2, 2006 - The Evening Papers.
Aug 02, 2006 ... China press review for August 2, 2006 - The Evening Papers Shanghai. August 2. INTERFAX-CHINA - The following is a digest of China newspapers published on August 2. Interfax does not accept liability for information in these stories. Government and Politics As Cuba's ...
China's telecom service charge user complaints nearly 200% over 2005 - MII.
Aug 02, 2006 ... China's telecom service charge user complaints nearly 200% over 2005 - MII Shanghai. August 2. INTERFAX-CHINA - Complaints regarding China's telecom service charges soared 194.7% year-on-year in the second quarter of 2006, China' s Ministry of Information Industry (MII) ...
Titan Petrochemical acquires Fujian project.
Aug 02, 2006 ... Titan Petrochemical acquires Fujian project Shanghai. August 2. INTERFAX CHINA - The Hong Kong-listed integrated oil service provider Titan Petrochemical announced on Monday that it had acquired the 1.5-mln-cu-m oil storage project in Quanzhou, Fujian Province. ...
Sinopec, Mitsu Chemical launch Asia's largest BPA unit in Shanghai.
Aug 02, 2006 ... Sinopec, Mitsu Chemical launch Asia's largest BPA unit in Shanghai Shanghai. August 2. INTERFAX CHINA - Sinopec and Japan's Mitsu Chemical jointly launched construction on a 120,000-ton BPA (bisphenol A) unit in Shanghai on July 28, said an official with Sinopec Shanghai ...
Jiangxi virtual 'gold farming' company shut-down for unlicensed business.
Aug 02, 2006 ... Jiangxi virtual 'gold farming' company shut-down for unlicensed business Shanghai. August 2. INTERFAX-CHINA - Blue Website Studio, which was engaged in the business of 'gold farming' and character level-building for online game players, was shut-down by the Jiangxi provincial ...
Henan Province to produce 148 tons of refined gold in next four years.
Aug 02, 2006 ... Henan Province to produce 148 tons of refined gold in next four years Shanghai. August 2. INTERFAX-CHINA - Henan Province, China's second largest gold producing province, plans to produce 148.65 tons of refined gold in the next four years, the Henan Gold Administration Bureau ...
Baosteel in merger talks with Chongqing Steel - source.
Aug 02, 2006 ... Baosteel in merger talks with Chongqing Steel - source Shanghai. August 2. INTERFAX-CHINA - Baosteel Group, China's largest steelmaker, is in merger talks with southwestern steel titan Chongqing Iron and Steel Group, according to a source. "Baosteel has been talking ...
Jinniu Energy H1 net profits down 35.77% to RMB 23.22 mln.
Aug 02, 2006 ... Jinniu Energy H1 net profits down 35.77% to RMB 23.22 mln Shanghai. August 2. INTERFAX-CHINA - Jinniu Energy, a Hebei-based coal producer listed on the Shenzhen Stock Exchange, reported that its net profits dropped 35.77% on an annual basis to RMB 23.22 mln (USD 2.90 mln) ...
Struggling Beijing should have new source of water by 2008 - official.
Aug 02, 2006 ... Struggling Beijing should have new source of water by 2008 - official Shanghai. August 2. INTERFAX-CHINA - The first phase of the ambitious South-North Water Diversion (SNWD) project will provide China's capital, Beijing, with a much-needed source of new water by the time the ...
Shanghai gold Au99.95 up 2.203%, Au99.99 up 2.04%, and platinum 1.402% higher.
Aug 02, 2006 ... Shanghai gold Au99.95 up 2.203%, Au99.99 up 2.04%, and platinum 1.402% higher Shanghai. August 2. INTERFAX-CHINA - Au99.95 ended at RMB 166.06 (USD 20.83 ) per gram on Wednesday, 2.203% higher than the previous trading day. Au99.99 ended at RMB 166.09 (USD 20.83 ) per gram, up ...