China Business News back issues from November 2006:
CISA mulling steel product futures trading to fight speculators.
Nov 01, 2006 ... CISA mulling steel product futures trading to fight speculators Shanghai. November 1. INTERFAX-CHINA - The China Iron and Steel Association (CISA) is considering reintroducing steel product futures to help combat speculative online trading, a senior official said this week. ...
NDRC to launch new round of price cuts, says domestic media.
Nov 01, 2006 ... NDRC to launch new round of price cuts, says domestic media Shanghai. November 1. INTERFAX-CHINA - The National Development and Reform Commission (NDRC) is considering launching a new round of price cuts on drugs to treat diseases of the circulation system, The Beijing News ...
Xiamen Overseas Electronics net profit up 59.1% YOY.
Nov 01, 2006 ... Xiamen Overseas Electronics net profit up 59.1% YOY Shanghai. November 1. INTERFAX-CHINA - Shanghai-listed Xiamen Overseas Electronic Company recorded net profit of RMB 5.6 mln (USD 709,000) in Q3 2006, up 59.1% from the same period a year earlier, according to the company's ...
China and IEA hold in-depth oil security talks in Beijing.
Nov 01, 2006 ... China and IEA hold in-depth oil security talks in Beijing Shanghai. November 1. INTERFAX-CHINA - The National Development and Reform Commission (NDRC) and International Energy Agency (IEA) held in- depth talks at the China-IEA Oil Security Seminar in Beijing on Monday and ...
Heads of China, N. Korea, U.S. delegations to six-sided talks meet in Beijing (repeat).
Nov 01, 2006 ... Heads of China, N. Korea, U.S. delegations to six-sided talks meet in Beijing (repeat) Beijing. November 1. (Interfax) - The heads of delegations to the six- sided talks from North Korea, the United States and China held an informal meeting in Beijing on Tuesday, the Chinese ...
Sukhoi office opened in China a year ago will be developed (repeat).
Nov 01, 2006 ... Sukhoi office opened in China a year ago will be developed (repeat) Zhuhai. November 1. (Interfax) - The office of the Sukhoi Aircraft Holding Company that opened in China a year ago has very good future development prospects, thinks Sergei Sergeyev, Sukhoi deputy director ...
China's telecom equipment manufacturing industry profit up 36.6% annually through September.
Nov 01, 2006 ... China's telecom equipment manufacturing industry profit up 36.6% annually through September Shanghai. November 1. INTERFAX-CHINA - China's telecom equipment manufacturing industry recorded a 35.8% annual increase in revenue and a 36.6% annual rise in profit through the first ...
Shandong to enhance petrochemical development over next 5 years.
Nov 01, 2006 ... Shandong to enhance petrochemical development over next 5 years Shanghai. November 1. INTERFAX-CHINA - China's eastern Shandong Province is determined to build Zibo, Qingdao and Bohai Bay into national petrochemical bases within the next 5 years, state media reported. ...
Silver in Shanghai ends high.
Nov 01, 2006 ... Silver in Shanghai ends high Shanghai. November 1. INTERFAX-CHINA - Silver trade on the Shanghai White Platinum and Silver Exchange ended high and the Shanghai Gold Exchange also ended high Wednesday. On the Shanghai White Platinum and Silver Exchange, each of the ...
China to produce 460 mln tons crude steel in 2007 - CISA.
Nov 01, 2006 ... China to produce 460 mln tons crude steel in 2007 - CISA Shanghai. November 1. INTERFAX-CHINA - China's crude steel production will increase around 11% to more than 460 mln tons and steel product output will also rise about 11% to 505 mln tons in 2007, the China Iron and Steel ...
Datang Telecom establishes new telecom equipment company.
Nov 01, 2006 ... Datang Telecom establishes new telecom equipment company Shanghai. November 1. INTERFAX-CHINA - Datang Telecom Technology (Datang Telecom) said today that its subsidiary established a new telecom equipment company with several other investors. The new company, titled ...
Sales of key finished TCMs boosts net of Jiangxi Jiangzhong Pharma up 20% in Q3.
Nov 01, 2006 ... Sales of key finished TCMs boosts net of Jiangxi Jiangzhong Pharma up 20% in Q3 Shanghai. Nov 1. INTERFAX-CHINA - The sales of key finished TCM products has boosted the net of Jiangxi Jiangzhong Pharmaceutical Co., Ltd (Jiangxi Jiangzhong Pharma) by 19.54% to RMB 16.48 mln (USD ...
Yanukovych states importance of increasing relations with China (repeat).
Nov 01, 2006 ... Yanukovych states importance of increasing relations with China (repeat) Kyiv. November 1. (Interfax) - Ukraine values relations with China and is interested in extending political dialogue and in interacting in the international arena, Ukrainian Prime Minister Viktor Yanukovych ...
Deputies concerned over growing foreign share in Kazakh oil, gas sector (repeat).
Nov 01, 2006 ... Deputies concerned over growing foreign share in Kazakh oil, gas sector (repeat) Astana. November 1. (Interfax-Kazakhstan) - Several members of the lower chamber of the Kazakh Parliament have voiced concern over foreign companies' steps to bolster their presence in the country's ...
Mining companies join to develop copper and nickel in eastern Xinjiang.
Nov 01, 2006 ... Mining companies join to develop copper and nickel in eastern Xinjiang Shanghai. November 1. INTERFAX-CHINA - Xinjiang Nonferrous Metals Group and Qinghai Western Mining Group, two major mining companies in western China, plan to jointly develop a copper and nickel mine in ...
China National Pharma Group ranks first in 2005 drug distribution market.
Nov 01, 2006 ... China National Pharma Group ranks first in 2005 drug distribution market Shanghai. November 1. INTERFAX-CHINA - China National Pharmaceutical Group Corporation ranked first with sales of RMB 27.2 bln (USD 3.4 bln) in the list of top Chinese commercial pharmaceutical enterprises ...
Fujian's steel product exports rise 64% in first three quarters.
Nov 01, 2006 ... Fujian's steel product exports rise 64% in first three quarters Shanghai. November 1. INTERFAX-CHINA - Fujian Province saw steel products exports rise significantly in the first three quarters, Fuzhou Customs announced on Thursday. Fujian exported 228,100 tons of ...
NDRC designates four cities as national biological bases.
Nov 01, 2006 ... NDRC designates four cities as national biological bases Shanghai. November 1. INTERFAX-CHINA - The National Development and Reform Commission (NDRC) announced on Monday that Beijing, Shanghai, Guangzhou and Changsha will be the national biological industry bases. The ...
China's aluminum exports down slightly in first three quarters.
Nov 01, 2006 ... China's aluminum exports down slightly in first three quarters Shanghai. November 1. INTERFAX-CHINA - China exported 962,893 tons of aluminum and aluminum alloy in the first three quarters, down 5.8% from the same period a year earlier, according to General Customs ...
Russia, China to create large civil, transport plane (repeat).
Nov 01, 2006 ... Russia, China to create large civil, transport plane (repeat) Zhuai. November 1. (Interfax-AVN) - Russia recently offered China a chance to jointly develop a large civil and transport plane at the Airshow China-2006 international aviation and space show. "We would ...
Yuschenko describes China as strategic partner (repeat).
Nov 01, 2006 ... Yuschenko describes China as strategic partner (repeat) Kyiv. November 1. (Interfax-Ukraine) - Ukrainian President Viktor Yuschenko and Jia Qinglin, Chairman of the 10th National Committee of the Chinese People's Political Consultative Conference, have discussed the ...
Shanghai to receive Malaysian LNG in 2009 - Shenergy.
Nov 01, 2006 ... Shanghai to receive Malaysian LNG in 2009 - Shenergy Shanghai. November 1. INTERFAX-CHINA - Shanghai will start to import liquefied natural gas (LNG) from Malaysia at the beginning of 2009, an official with the operator of the project said. "China and Malaysia signed ...
Shanghai fuel oil futures fractionally lower on lingering demand worries.
Nov 01, 2006 ... Shanghai fuel oil futures fractionally lower on lingering demand worries Shanghai. November 1. INTERFAX-CHINA - The front-month deliveries for fuel oil futures on the Shanghai Futures Exchange (SHFE) were fractionally lower on Wednesday amid lingering fears of decreasing demand ...
Large lead and zinc mine discovered in northern China.
Nov 01, 2006 ... Large lead and zinc mine discovered in northern China Shanghai. November 1. INTERFAX-CHINA - The Hebei provincial government announced Wednesday the discovery of a large lead and zinc mine. The local government said initial reports indicate that lead and zinc metal ...
Gome denies founder Huang Guangyu under investigation.
Nov 01, 2006 ... Gome denies founder Huang Guangyu under investigation Shanghai. November 1. INTERFAX-CHINA - Gome recently denied in an announcement that its founder Huang Guangyu is under investigation by the police for financial reasons. According to Chinese magazine Caijin, the ...
TieTong launches China's first soccer fan hotline.
Nov 01, 2006 ... TieTong launches China's first soccer fan hotline Shanghai. November 1. INTERFAX-CHINA - China TieTong's Shandong subsidiary is set to launch the country's first soccer fan hotline, a Shandong TieTong official told Interfax. "The hotline number: 95105199 with area ...
China Unicom upgrades GSM network in Guangdong.
Nov 01, 2006 ... China Unicom upgrades GSM network in Guangdong Shanghai. November 1. INTERFAX-CHINA - China Unicom's Guangdong subsidiary announced this week a major overhaul in its GSM network in Guangdong Province. The upgrade covers nine cities, including Guangzhou, Shenzhen, ...
Shanghai aluminum and copper both end mixed.
Nov 01, 2006 ... Shanghai aluminum and copper both end mixed Shanghai. November 1. INTERFAX-CHINA - Shanghai aluminum and copper both ended mixed, according to the Shanghai Futures Exchange (SHFE). Aluminum futures traded on the Shanghai Futures Exchange on November 1, 2006 Contra ...
China's fixed-asset investment in some metals sectors down - NDRC.
Nov 01, 2006 ... China's fixed-asset investment in some metals sectors down - NDRC Shanghai. November 1. INTERFAX-CHINA - China's fixed-asset investment in the iron and steel and lead and zinc industries fell off in the first nine months, according to the National Development and Reform ...
China's first ultra-high voltage electricity transmission project official starts construction.
Nov 01, 2006 ... China's first ultra-high voltage electricity transmission project official starts construction Shanghai. November 1. INTERFAX-CHINA - The Shanxi-Hubei 1,000-KV AC electricity transmission project, the first ultra-high voltage project in China, officially start construction on ...
Shenzhen authorities call back inferior quality drugs at 14 dispensaries.
Nov 01, 2006 ... Shenzhen authorities call back inferior quality drugs at 14 dispensaries Shanghai. Nov 1. INTERFAX-CHINA - Shenzhen Food and Drug Administration (SZFDA) has issued notices to stop operations at nine dispensaries suspected of illegal medical practices, following week-long ...
Baotou Steel to issue shares to list all assets.
Nov 01, 2006 ... Baotou Steel to issue shares to list all assets Shanghai. November 1. INTERFAX-CHINA - Inner Mongolian Baotou Steel Union Co. Ltd.'s board approved a plan on Tuesday to list all of the company's assets, a company official told Interfax Thursday. The Shanghai-listed ...
Market forces to play a role in China's healthcare reform, says minister.
Nov 01, 2006 ... Market forces to play a role in China's healthcare reform, says minister Shanghai. Nov 1. INTERFAX-CHINA - Market forces guided by the government are to be important features of China's upcoming health records, the country's health minister said. At the Sixth session ...
T2CN plans for IPO on NASDAQ.
Nov 01, 2006 ... T2CN plans for IPO on NASDAQ Shanghai. November 1. INTERFAX-CHINA - The legal director with T2CN Information Technology (Shanghai), Gordon Wei, confirmed to Interfax Tuesday that the Chinese game operator was actively planning for an IPO on the NASDAQ. "The plan ...
Heavyweights lead Chinese equities to new five-year high.
Nov 01, 2006 ... Heavyweights lead Chinese equities to new five-year high Shanghai. November 1. INTERFAX-CHINA - Heavyweights led the Chinese equities to new five-year high levels on Wednesday as institutional investors continue building positions on index-heavy blue chips for preparation of the ...
VTB plans to open branches in China, India by 2008 (repeat).
Nov 01, 2006 ... VTB plans to open branches in China, India by 2008 (repeat) Moscow. November 1. (Interfax) - Vneshtorgbank plans to open branches in China and India by 2008, and a joint bank in Vietnam by the end of 2006, the bank said in an investment memorandum. Vneshtorgbank (VTB) ...
Planned coal chemical projects excessive in some regions - NDRC.
Nov 01, 2006 ... Planned coal chemical projects excessive in some regions - NDRC Shanghai. November 1. INTERFAX-CHINA - Research by the National Development and Reform Commission (NDRC) into coal chemical projects in Shanxi, Shaanxi, and Inner Mongolia found some regions with excessive project ...
CNOOC boosts 2006 Q3 revenues by 24.5%.
Nov 01, 2006 ... CNOOC boosts 2006 Q3 revenues by 24.5% Shanghai. November 1. INTERFAX-CHINA - The China National Offshore Oil Corporation (CNOOC), the country's third largest oil company, boosted unaudited total revenues in the third quarter of this year to RMB 18.6 bln (USD 2.35 bln), ...
China has not cut off North Korea's oil supply - Foreign Ministry.
Nov 01, 2006 ... China has not cut off North Korea's oil supply - Foreign Ministry Shanghai. November 1. INTERFAX-CHINA - Trade between China and North Korea remains normal, Foreign Affairs Ministry spokesman Liu Jianchao said on Tuesday, dismissing media reports suggesting that China had cut ...
Shanghai gold Au99.95 down 0.934%, Au99.99 down 0.901% and platinum 0.387% lower.
Nov 01, 2006 ... Shanghai gold Au99.95 down 0.934%, Au99.99 down 0.901% and platinum 0.387% lower Shanghai. November 1. INTERFAX-CHINA - Au99.95 ended at RMB 153.45 (USD 19.49) gram on Wednesday, 0.934% higher than the previous trading day. Au99.99 ended at RMB 153.47 (USD 19.50) per ...
Six-nation talks on N. Korea could resume this year - Ivanov (repeat).
Nov 01, 2006 ... Six-nation talks on N. Korea could resume this year - Ivanov (repeat) Oslo. November 1. (Interfax) - Russian Deputy Prime Minister and Defense Minister Sergei Ivanov has said that North Korea is likely to return to the six-nation talks this year. "After the ...
Sinopec boosts 2006 Q3 net profits by 51.28% to RMB 13.01 bln.
Nov 01, 2006 ... Sinopec boosts 2006 Q3 net profits by 51.28% to RMB 13.01 bln Shanghai. November 1. INTERFAX-CHINA - Sinopec, China's second largest oil company, boosted its net profits by 51.28% in the third quarter of this year to RMB 13.01 bln (USD 1.65 bln), the company said in its earnings ...
Big lead and zinc smelters want tighter import controls.
Nov 01, 2006 ... Big lead and zinc smelters want tighter import controls Shanghai. November 1. INTERFAX-CHINA - Several major lead and zinc smelters want China to set up an import license system that would tighten import standards, an industry official said Tuesday. Wang Jianjun, ...
YeePay provides e-payment service for Dang Dang Mall.
Nov 01, 2006 ... YeePay provides e-payment service for Dang Dang Mall Shanghai. November 1. INTERFAX-CHINA - YeePay recently announced a partnership with Chinese online retailer Dang Dang to provide exclusive payment services for their newly-launched Dang Dang Mall (mall.dangdang.com). ...
Zhejiang hepatitis patients to receive free medication, say provincial authorities.
Nov 01, 2006 ... Zhejiang hepatitis patients to receive free medication, say provincial authorities Shanghai. Nov 1. INTERFAX-CHINA - About 10,000 hepatitis sufferers in the southeast Zhejiang province will receive free medication worth RMB 378 per person, provincial authorities announced. ...
Russia-China trade could exceed USD 30 bln in 2006 - ministry (repeat).
Nov 01, 2006 ... Russia-China trade could exceed USD 30 bln in 2006 - ministry (repeat) Moscow. November 1. (Interfax) - Trade between Russia and China could exceed USD 30 bln by the end of 2006, said Alexander Karpich, deputy head of foreign and economic relations at the Economic Development ...
China press review for November 1, 2006 -The Morning Papers.
Nov 01, 2006 ... China press review for November 1, 2006 -The Morning Papers Shanghai. November 1 INTERFAX-CHINA-The following is a digest of China newspapers published on November 1. Interfax does not accept liability for information in these stories. Politics & Economics China's ...
Beijing to close 70% of local coalmines before Olympic Games.
Nov 01, 2006 ... Beijing to close 70% of local coalmines before Olympic Games Shanghai. November 1. INTERFAX-CHINA - The Beijing Municipality plans to close 70% of local coalmines before the Olympic Games in 2008 in order to alleviate pollution, state news agency Xinhua reported. An ...
BOE recorded net loss of USD 45.9 mln in Q3, down 4.5% YOY.
Nov 01, 2006 ... BOE recorded net loss of USD 45.9 mln in Q3, down 4.5% YOY Shanghai. November 1. INTERFAX-CHINA - Shenzhen-listed BOE Technology Group recorded a net loss of RMB 362.5 mln (USD 45.9 mln) in Q3 2006, down 4.5% from the same period a year earlier, according to the company's ...
Shanghai fuel oil futures fractionally higher on technical buying.
Nov 02, 2006 ... Shanghai fuel oil futures fractionally higher on technical buying Shanghai. November 2. INTERFAX-CHINA - Fuel oil futures on the Shanghai Futures Exchange (SHFE) were fractionally higher on Thursday thanks to technical buying and some short covering. Overnight, international ...
UPDATE: Bids for Huawei-3Com reach USD 1.5-2.0 bln - report.
Nov 02, 2006 ... UPDATE: Bids for Huawei-3Com reach USD 1.5-2.0 bln - report Shanghai. November 2. INTERFAX-CHINA - The potential sale of Huawei-3Com (H3C), the joint venture between Huawei Technologies and 3Com Corp., is attracting bids from private equity firms that range from USD 1.5 -2 bln, ...
Imports of vaccines for human use up 65% in September.
Nov 02, 2006 ... Imports of vaccines for human use up 65% in September Shanghai. November 2. INTERFAX-CHINA - Chinese imports of vaccines for human use reached USD 56.94 mln last September, up 65% from last August, the latest statistics from customs indicate. The increase was due to ...
Baotou Steel to issue 3 bln shares list all steel assets.
Nov 02, 2006 ... Baotou Steel to issue 3 bln shares list all steel assets Shanghai. November 2. INTERFAX-CHINA - Inner Mongolia Baotou Steel Union Co. Ltd. announced Thursday that it plans to issue 3 bln A shares to its parent company to list all the steel-related assets. The ...
Gold and platinum up in Shanghai.
Nov 02, 2006 ... Gold and platinum up in Shanghai Shanghai. November 2. INTERFAX-CHINA - Au99.95 ended at RMB 155.25 (USD 19.71) per gram on Thursday 1.173% higher than the previous trading day. Au99.99 ended at RMB 155.29 (USD 19.72) per gram, up 1.186%, according to the Shanghai ...
Female smokers more susceptible to lung cancer.
Nov 02, 2006 ... Female smokers more susceptible to lung cancer Shanghai. Nov 2. INTERFAX-CHINA - Female smokers are three times more susceptible to lung cancer than comparable male smokers, said Professor Liao Meilin at the Lung Cancer Epidemiology Seminar held Wednesday. Professor ...
Scientists discover active anti-SARS ingredient in three fruits.
Nov 02, 2006 ... Scientists discover active anti-SARS ingredient in three fruits Shanghai. November 2. INTERFAX-CHINA - A group of Chinese and European scientists announced on November 1 that they have found active anti-SARS ingredients in oranges, hawthorns and kiwis. The findings ...
Datang Mobile launches new TD-SCDMA/GSM dual mode terminal solution.
Nov 02, 2006 ... Datang Mobile launches new TD-SCDMA/GSM dual mode terminal solution Shanghai. November 2. INTERFAX-CHINA - Datang Mobile recently announced the launch of a TD-SCDMA/GSM dual mode multimedia terminal solution. The Dtivy A2000+ is based on a new-generation chipset from ...
TISCO Stainless' profit up 95% in first three quarters.
Nov 02, 2006 ... TISCO Stainless' profit up 95% in first three quarters Shanghai. November 2. INTERFAX-CHINA - Shanxi TISCO Stainless Steel Co. Ltd. reported this week that net profit surged 95.2% to RMB 1.374 bln (USD 174.48 mln) in the first nine months after the company acquired ...
Sino-Russian gas pipeline negotiations unfinished - Gazprom.
Nov 02, 2006 ... Sino-Russian gas pipeline negotiations unfinished - Gazprom Beijing. November 2. INTERFAX-CHINA - Plans to build a gas pipeline from western Siberia to Xinjiang are still subject to negotiations between Russia and China even though commitments have already been made by the two ...
China releases First WLAN chip with independent intellectual property right.
Nov 02, 2006 ... China releases First WLAN chip with independent intellectual property right Shanghai. November 2. INTERFAX-CHINA - The Institute of Semiconductors at the Chinese Academy of Sciences recently released China's first Wireless Local Area Networks (WLAN) chip with total independent ...
Aida Pharmaceuticals plans to set up production base of RH-Apo2L.
Nov 02, 2006 ... Aida Pharmaceuticals plans to set up production base of RH-Apo2L Shanghai. November 2. INTERFAX-CHINA - OTCBB-listed (Over the Counter Bulletin Board) Aida Pharmaceuticals (Aidai) yesterday announced plans to inject a large sum of capital to industrialize its proprietary anti- ...
IBM announces SOA solutions center in Beijing.
Nov 02, 2006 ... IBM announces SOA solutions center in Beijing Shanghai. November 2. INTERFAX-CHINA - IBM announced on Wednesday the opening of two new development centers including one in Beijing. IBM said the Service Oriented Architecture (SOA) Solutions Centers would develop and ...
CNOOC in talks with NIOC on exploration of North Pars gas field.
Nov 02, 2006 ... CNOOC in talks with NIOC on exploration of North Pars gas field Shanghai. November 2. INTERFAX-CHINA - China National Offshore Oil Corporation (CNOOC), China's third largest oil company, is in talks with Iran's state-owned National Iranian Oil Corp. (NIOC) on the exploration of ...
Service and entertainment robots present opportunity for China's robotics industry.
Nov 02, 2006 ... Service and entertainment robots present opportunity for China's robotics industry Shanghai. November 2 INTERFAX-CHINA - Humanoid robots with service or entertainment functions will lead the future of the robotic industry in China, exhibitors at the 2006 Information Technology ...
Shanghai constructs first 4G outfield testing system.
Nov 02, 2006 ... Shanghai constructs first 4G outfield testing system Shanghai. November 2. INTERFAX-CHINA - The first field trial system for 4G mobile communications based on a distributed wireless network was constructed in Shanghai recently, FuTURE-Forum said. For five years, over ...