China Business News back issues from March 2007:
Sichuan sells 8 gold mine prospecting licenses.
Mar 01, 2007 ... Sichuan sells 8 gold mine prospecting licenses Shanghai. March 1. INTERFAX-CHINA - Sichuan plans to sell eight gold mine prospecting licenses this week, according to a Chengdu United Equity Exchange announcement. The gold mines, located in Muli, Qiuzhaigou and Litang ...
North American IPTV service adds Anhui Satellite TV.
Mar 01, 2007 ... North American IPTV service adds Anhui Satellite TV Shanghai. March 1. INTERFAX-CHINA - KyLinTV, the first and only IPTV service for the Chinese community in North America, began to provide content from Anhui Satellite TV to its audiences, said KyLinTV. According to ...
Downstream cofferdam at the Three Gorges project successfully demolished.
Mar 01, 2007 ... Downstream cofferdam at the Three Gorges project successfully demolished Shanghai. March 1. INTERFAX-CHINA - A downstream cofferdam on the right bank of the Three Gorges project was successfully demolished yesterday, the official Xinhua news agency reported. After ...
Three Gorges hydropower project produces 49.2 million mwh in 2006.
Mar 01, 2007 ... Three Gorges hydropower project produces 49.2 million mwh in 2006 Beijing. February 29. INTERFAX-CHINA - China's Three Gorges project generated 49.2 million mwh in 2006, bringing the total to 146.1 million mwh since it first went into operation, according to a report released by ...
National year to bolster business cooperation with Russia - Chinese minister (repeat).
Mar 01, 2007 ... National year to bolster business cooperation with Russia - Chinese minister (repeat) Moscow. March 1. (Interfax-China) - The Year of China in Russia will help promote trade and business cooperation between the two countries, Chinese Deputy Commerce Minister Yu Guangzhou told a ...
China press review for March 1, 2007 - the morning papers.
Mar 01, 2007 ... China press review for March 1, 2007 - the morning papers Shanghai. March 1. INTERFAX-CHINA - The following is a digest of China newspapers published on March 1. Interfax does not accept liability for information in these stories. Politics & Economics The National ...
China confirms the year's second human bird flu infection.
Mar 01, 2007 ... China confirms the year's second human bird flu infection Shanghai. March 1. INTERFAX-CHINA - A 44 year-old female farmer in Fujian province has become China's second bird flu victim for this year, according to an announcement by the Ministry of Health Wednesday. The ...
Focus Media to acquire Allyes for $300 million.
Mar 01, 2007 ... Focus Media to acquire Allyes for $300 million Shanghai. March 1. INTERFAX-CHINA - Focus Media, China's largest outdoor advertising company, entered into an agreement to acquire China's largest Internet advertising agent, Allyes Information Technology Company Ltd., Focus Media ...
NDRC raises prices of natural musk medicines.
Mar 01, 2007 ... NDRC raises prices of natural musk medicines Shanghai. March 1. INTERFAX-CHINA - China's National Development and Reform Commission has raised the prices of medicines made from natural musk to alleviate the increased costs of raw materials for manufacturers, according to an ...
Xinyu Steel starts construction of 3 mln-ton steel facility.
Mar 01, 2007 ... Xinyu Steel starts construction of 3 mln-ton steel facility Shanghai. March 1. INTERFAX-CHINA - Xinyu Iron and Steel Co. Ltd. started construction of a new steel facility upgrade yesterday, after approval from the provincial Development and Reform Commission, a ...
China Film Group to take over three Warner Bros cinemas in China.
Mar 01, 2007 ... China Film Group to take over three Warner Bros cinemas in China Shanghai. March 1. INTERFAX-CHINA - Warner Bros international Cinemas announced that China Film Group will take over three of its cinemas in China. The three cinemas, located in Chongqing, Changsha and ...
China wants wider high-tech cooperation with Russia - official (repeat).
Mar 01, 2007 ... China wants wider high-tech cooperation with Russia - official (repeat) Moscow. March 1. (Interfax-China) - China pays considerable attention to high technology and "will be boosting [its] cooperation with Russia in the high-tech sphere," Chinese Deputy Commerce Minister Yu ...
Shanghai Telecom to triple IPTV system capacity.
Mar 01, 2007 ... Shanghai Telecom to triple IPTV system capacity Shanghai. February 29. INTERFAX-CHINA - China Telecom subsidiary Shanghai Telecom plans to triple the capacity of its IPTV system to serve up to 300,000 subscribers, driven by market growth, an official from the firm said. ...
Google search embedded in China Netcom's broadband portal.
Mar 01, 2007 ... Google search embedded in China Netcom's broadband portal Shanghai. March 1. INTERFAX-CHINA - Google added an embedded search bar onto China Netcom's broadband portal, China Netcom and Google China announced. The search bar on Cncmax.cn was the first step of ...
SO2, COD discharges, up 1.2 and 1.8 pct in 2006.
Mar 01, 2007 ... SO2, COD discharges, up 1.2 and 1.8 pct in 2006 Beijing. March 1. INTERFAX-CHINA - Discharge growth rates of Sulfur dioxide (SO2) and COD (Chemical oxygen demand) showed a significant reduction last year, and China may see declines in pollution discharges after 2007 as it ...
Domestic factors likely behind drop on Chinese market - MICEX chief (repeat).
Mar 01, 2007 ... Domestic factors likely behind drop on Chinese market - MICEX chief (repeat) Moscow. March 1. (Interfax) - The slide on the Chinese stock market on Tuesday, which fueled a drop on the stock markets of many developed and emerging markets, was likely caused by domestic factors, ...
Govt not interfering in relations between Russian, Chinese oil firms - source (repeat).
Mar 01, 2007 ... Govt not interfering in relations between Russian, Chinese oil firms - source (repeat) Moscow. March 1. (Interfax-China) - The government is not interfering in cooperation between Chinese and Russian oil companies, an official source in the Chinese Commerce Ministry told ...
Netsun net profit down 3.07 pct in 2006.(Financial report)
Mar 01, 2007 ... Netsun net profit down 3.07 pct in 2006 Shanghai. March 1. INTERFAX-CHINA - Netsun reported 2006 net profit decreased 3.07 percent annually to RMB 28.1 million ($3.6 million) because the company started paying taxes after receiving five years of tax benefits from the government ....
Anite cooperates with Datang Mobile to enter TD-SCDMA industry.
Mar 01, 2007 ... Anite cooperates with Datang Mobile to enter TD-SCDMA industry Shanghai. February 29. INTERFAX-CHINA - Datang Mobile announced yesterday that the company and a Finnish wireless telecom technology provider, Anite, have signed an agreement on cooperation in the field of TD-SCDMA ...
Variation of Extortionist virus spreading in China.
Mar 01, 2007 ... Variation of Extortionist virus spreading in China Shanghai. March 1. INTERFAX-CHINA - A variation of one of the top viruses of 2006, the Extortionist trojan, is spreading and causing a panic among users, said the anti-virus center of Kingsoft. The variation ...
Huge investment to be made in Xinjiang coal chemical development.
Mar 01, 2007 ... Huge investment to be made in Xinjiang coal chemical development Shanghai. March 1. INTERFAX-CHINA - Xinwen Mining Industry Group, a large Shandong-based coal company, plans to invest more than RMB 30 billion ($3.87 billion) for coal chemical development in the Yili Rive Valley ...
Huawei launches first low-cost CDMA handset for China Unicom.
Mar 01, 2007 ... Huawei launches first low-cost CDMA handset for China Unicom Shanghai. March 1. INTERFAX-CHINA - Huawei Technologies announced it recently launched its first low-cost, customized CDMA handset for China Unicom, which features a long battery life. The Huawei C2600 ...
Huawei and Irdeto to provide IPTV solutions to Pakistan telecom operator.
Mar 01, 2007 ... Huawei and Irdeto to provide IPTV solutions to Pakistan telecom operator Shanghai. March 1. INTERFAX-CHINA - The Netherlands-headquartered Irdeto, a content protection solution provider, will team up with Huawei, a Chinese telecom equipment manufacturer, to provide end-to-end ...
January soybean imports up 44 pct, corn exports up 126.5 pct.
Mar 01, 2007 ... January soybean imports up 44 pct, corn exports up 126.5 pct Shanghai. March 1. INTERFAX-CHINA - China's soybean imports in January rose 43.8 percent from the same month last year to 2.43 metric tons, while corn exports rose 126.5 percent, according to the General Administration ...
China's cotton cultivation efficiency improves 14 pct in 2006.
Mar 01, 2007 ... China's cotton cultivation efficiency improves 14 pct in 2006 Shanghai. March 1. INTERFAX-CHINA - Cotton cultivation efficiency in China's major producing regions improved substantially in 2006 with output per mu (0.165 hectare) increasing by 13.8 percent to 85.1 kilograms, ...
12 million cable digital TV users in China.
Mar 01, 2007 ... 12 million cable digital TV users in China Shanghai. March 1. INTERFAX-CHINA - China has more than 12 million cable digital TV users at present, the State Administration of Radio Film and Television said in a recent notice. China has completed analog-digital ...
NDRC takes six steps to cut patient medical expenses.
Mar 01, 2007 ... NDRC takes six steps to cut patient medical expenses Shanghai. March 1. INTERFAX-CHINA - On the same day it launched China's largest-ever price cuts on traditional Chinese medicines, the National Development and Reform Commission also announced yesterday that it would continue ...
China press review for March 1, 2007 - the evening papers.
Mar 01, 2007 ... China press review for March 1, 2007 - the evening papers Shanghai. March 1. INTERFAX-CHINA - The following is a digest of China newspapers published on March 1. Interfax does not accept liability for information in these stories. Government and Policy The Standing ...
Shougang Steel to re-call convertible bonds on April 6.
Mar 01, 2007 ... Shougang Steel to re-call convertible bonds on April 6 Shanghai. March 1. INTERFAX-CHINA - Shoudu Iron and Steel Co. Ltd. will re-call convertible bonds on April 6 at RMB 105 ($13.55) per bond, 105 percent of the market value, the company announced today. By Feb. 26, ...
Chinese equities fall again.
Mar 01, 2007 ... Chinese equities fall again Shanghai. March 1. INTERFAX-CHINA - Chinese equities resumed their slide on Thursday after their record fall on Tuesday. The benchmark Shanghai composite index (SCI) sank 83.88 points, or 2.91 percent, finishing the day at 2,797.19 points ....
MoH and SEPA join forces.
Mar 01, 2007 ... MoH and SEPA join forces Shanghai. March 1. INTERFAX-CHINA - China's Ministry of Health and the State Environment Protection Administration will tackle China's environmental and health issues together, according to an announcement by the MoH today. Both parties will ...
Sinochem to bid for oil assets in Egypt - report.
Mar 01, 2007 ... Sinochem to bid for oil assets in Egypt - report Beijing. March 1. INTERFAX-CHINA - China's fourth largest oil company, Sinochem Corp., plans to bid for Devon Energy Corp.'s oil assets in Egypt, according to state media. The Shanghai Securities Journal quoted a source ...
CNPC and Statoil ASA sign MOU on strategic cooperation.
Mar 01, 2007 ... CNPC and Statoil ASA sign MOU on strategic cooperation Beijing. March 1. 2007. INTERFAX-CHINA - China National Petroleum Corp. and Norwegian oil company Statoil ASA signed an MOU on strategic cooperation Monday, CNPC announced today. Jiang Minjie, general ...
China's crude oil import rises 3.5 percent to 13.69 million tons in January.
Mar 01, 2007 ... China's crude oil import rises 3.5 percent to 13.69 million tons in January Shanghai. March 1. INTERFAX-CHINA - Thanks to robust energy demand brought fast economic expansion, China's crude oil import rose 3.5 percent on an annual basis to 13.69 million tons in January this ...
China Mobile to launch one-way billing for all Beijing subscribers.
Mar 01, 2007 ... China Mobile to launch one-way billing for all Beijing subscribers Shanghai. March 1. INTERFAX-CHINA - China Mobile's Beijing subsidiary will offer free incoming calls for its two pre-paid brands, Shenzhouxing and M-Zone, starting in March, therefore providing "one-way billing" ...
Southwest China's first medicine logistics center to be built in Chongqing.
Mar 01, 2007 ... Southwest China's first medicine logistics center to be built in Chongqing Shanghai. March 1. INTERFAX-CHINA - Chongqing Huabo Pharmaceutical Group will establish southwestern China's first medicine logistics center in the city of Chongqing, a company official said yesterday. ...
China to gradually control prices of all prescription drugs - NDRC official.
Mar 01, 2007 ... China to gradually control prices of all prescription drugs - NDRC official Shanghai. March 1. INTERFAX-CHINA - China's National Development and Reform Commission has applied for State Council approval to assume control of prescription drug prices in "due time," a NDRC official ...
Zixin Pharma to list on Shenzhen Stock Exchange tomorrow.
Mar 01, 2007 ... Zixin Pharma to list on Shenzhen Stock Exchange tomorrow Shanghai. March 1. INTERFAX-CHINA - Jilin Zixin Pharmaceutical Co. Ltd., a traditional Chinese medicine manufacturer, will issue up to 16.9 million A-shares for their initial public offering tomorrow on the Shenzhen Stock ...
China electronic information industry revenue up 23.6 pct in 2006.
Mar 01, 2007 ... China electronic information industry revenue up 23.6 pct in 2006 Shanghai. March 1. INTERFAX-CHINA - China's electronic information industry recorded revenues of RMB 4.75 trillion ($612.9 billion) in 2006, up 23.6 percent from 2005, according to the Ministry of Information ...
Match.com acquires Chinese dating site eDodo.
Mar 01, 2007 ... Match.com acquires Chinese dating site eDodo Shanghai. March 1. INTERFAX-CHINA - Match.com acquired Chinese online dating site eDodo.com as part of its global expansion in 2007, Match.com said. The eDodo acquisition puts Match.com into an emerging online personals ...
China's primary aluminum exports down 62.6 pct in Jan.
Mar 01, 2007 ... China's primary aluminum exports down 62.6 pct in Jan Shanghai. March 1. INTERFAX-CHINA - China exported 22,548 tons of primary aluminum in January 2007, down 62.6 percent from last year, and imported 9,853 tons, down 55.1 percent, according to statistics released by the Customs ...
India imposes iron ore export duty $6.78 per ton, possible impact on China's imports.
Mar 01, 2007 ... India imposes iron ore export duty $6.78 per ton, possible impact on China's imports Shanghai. March 1. INTERFAX-CHINA - The Indian government has increased the export duty on iron ore and concentrate by Rs. 300 ($6.78) per ton, a move that could hurt China's Indian iron ore ...
51job Q4 net income increases 2.4 percent yearly.(Financial report)
Mar 02, 2007 ... 51job Q4 net income increases 2.4 percent yearly Shanghai. March 2. INTERFAX-CHINA - 51job's net income for the fourth quarter of 2006 increased 2.4 percent year-on-year, to RMB 19.8 million ($2.5 million), according to the company's financial report. Total revenues ...
Government calls for 20 percent reduction in coalmine accidents.
Mar 02, 2007 ... Government calls for 20 percent reduction in coalmine accidents Shanghai. March 2. INTERFAX-CHINA - Serious coalmine accidents should be cut by 20 percent during the 2006-2010 period, the State Administration of Work Safety (SAWS) said in a coalmine work safety plan released ...
Sichuan imports 334,000 tons of chromium ore in 2006, up 41 percent.
Mar 02, 2007 ... Sichuan imports 334,000 tons of chromium ore in 2006, up 41 percent Shanghai. March 2. INTERFAX-CHINA - Sichuan imported 344,000 tons of chromium ore in 2006, up 41 percent from 2005, due to dramatic growth in China's stainless steel industry last year, Chengdu Customs said ...
Golden Shield Project now connects 800,000 computers within China's public security system.
Mar 02, 2007 ... Golden Shield Project now connects 800,000 computers within China's public security system Shanghai. March 2. INTERFAX-CHINA - China's public security and surveillance network the "Golden Shield Project" now connects over 800,000 computers according to state media. ...
Changqing oil field targets 20 mln tons of production for 2007.
Mar 02, 2007 ... Changqing oil field targets 20 mln tons of production for 2007 Beijing. March 2. INTERFAX-CHINA - Changqing oilfield, the fifth largest oilfield in China, aims to produce 20 million tons of oil equivalents of crude oil and natural gas in 2007, according to a report released by ...
China to grant tax benefits to high-tech investors.
Mar 02, 2007 ... China to grant tax benefits to high-tech investors Shanghai. March 2. INTERFAX-CHINA - China will grant tax benefits to companies that invest in middle and small sized high-tech companies, state media reported. Companies that invest on these companies for more than two years ...
Guangdong steel-product exports down 56.8 pct in Jan.
Mar 02, 2007 ... Guangdong steel-product exports down 56.8 pct in Jan Shanghai. March 1. INTERFAX-CHINA - Guangdong Province exported 169,000 tons of steel products in January, down 56.8 percent from last December and the first drop since last August, according to statistics released by ...
CAO sees soaring profits in last year.(Financial report)
Mar 02, 2007 ... CAO sees soaring profits in last year Shanghai. March 2. INTERFAX-CHINA - The Singapore-listed arm of the mainland's dominant jet fuel distributor, China Aviation Oil Holding (CAO) appears to be bouncing back from an oil speculation scandal in 2004 by posting a $241.32 million ...
Lenovo recalls 208,000 notebook batteries worldwide.
Mar 02, 2007 ... Lenovo recalls 208,000 notebook batteries worldwide Shanghai. March 2. INTERFAX-CHINA - Lenovo is recalling 208,000 batteries worldwide that may pose danger during use and will offer a free of charge battery replacement, the company said. The recalled 9-ceel ...
China's coal imports from Indonesia on the rise.
Mar 02, 2007 ... China's coal imports from Indonesia on the rise Beijing. March 2. INTERFAX-CHINA - China imported 1.16 million tons of coal from Indonesia in January, a nearly six-fold increase from the same month a year earlier, according to statistics released by the General Administration of ...
China's LNG imports soar last year after first terminal opens - report.
Mar 02, 2007 ... China's LNG imports soar last year after first terminal opens - report Shanghai. March 2. INTERFAX-CHINA - China's liquefied natural gas (LNG) imports soared 1400-fold last year to 677,500 tons from 2005's 483 tons, domestic media reported, citing China Petroleum and Chemical ...
China press review for March 2, 2007 - the evening papers.
Mar 02, 2007 ... China press review for March 2, 2007 - the evening papers Shanghai. March 2. INTERFAX-CHINA - The following is a digest of China newspapers published on March 2. Interfax does not accept liability for information in these stories. Government and Policy The Science ...
Kongzhong Q4 net income down 42 percent.(Financial report)
Mar 02, 2007 ... Kongzhong Q4 net income down 42 percent Shanghai. March 2. INTERFAX-CHINA - The NASDAQ-listed KongZhong Corporation, a provider of wireless value-added services in China, recorded $ 3.664 million in net income for the fourth quarter of 2006, down 24 percent compared with the ...
China' soy oil might jump to 2 million in 2007 - NOGIC.
Mar 02, 2007 ... China' soy oil might jump to 2 million in 2007 - NOGIC Shanghai. March 2. INTERFAX-CHINA - China's soy oil imports are expected to increase to 2 million metric tons this year, up 29.62 percent from last year, according to National Oil and Grain Information Center (NOGIC), an ...
China's January sugar imports drop on ample supplies.
Mar 02, 2007 ... China's January sugar imports drop on ample supplies Shanghai. March 2. INTERFAX-CHINA - China's sugar imports in January amounted to 44,578 tons, representing a 73 percent drop from December levels, statistics by the customs authority indicate. 'The month-on-month ...
China Telecom and China Netcom sign pact to reduce competition.
Mar 02, 2007 ... China Telecom and China Netcom sign pact to reduce competition Shanghai. March 2. INTERFAX-CHINA - China Netcom and China Telecom, China's top two fixed-line operators, recently agreed that both sides will no longer try to extend their businesses into the other's dominant ...
China hopes U.S.-Korean diplomatic meeting will be productive (repeat).
Mar 02, 2007 ... China hopes U.S.-Korean diplomatic meeting will be productive (repeat) Beijing. March 2. (Interfax) - China hopes that an upcoming meeting in New York between North Korean Vice Foreign Minister Kim Kye-gwan and Assistant Secretary of State Christopher Hill, who lead their ...
China's LNG import soars last year after first terminal opens - report.
Mar 02, 2007 ... China's LNG import soars last year after first terminal opens - report Shanghai. March 2. INTERFAX-CHINA - China's liquefied natural gas (LNG) imports soared 1400-fold last year to 677,500 tons from 2005's 483 tons, domestic media reported, citing China Petroleum and Chemical ...
Turkmen gas deliveries to Russia not a threat to China's interests - source (repeat).
Mar 02, 2007 ... Turkmen gas deliveries to Russia not a threat to China's interests - source (repeat) Beijing. March 2. (Interfax) - The Russian import of Turkmen gas is not a threat to Chinese interests within the framework of Chinese-Turkmen cooperation in the area, a source in the management ...
58.com plans for Series B round of financing.
Mar 02, 2007 ... 58.com plans for Series B round of financing Shanghai. March 2. INTERFAX-CHINA - Online classifieds site 58.com is planning for its Series B round of financing, said an official with 58.com. "We are in talks with potential investors but haven't decided," said Chu ...
China's phone subscribers to hit 1 bln by 2010.
Mar 02, 2007 ... China's phone subscribers to hit 1 bln by 2010 Shanghai. March 2. INTERFAX-CHINA - China is expected to have 1 billion fixed-line and mobile phone subscribers and 200 million Internet users by 2010, according to a telecom service development plan released by China's Ministry of ...
China's industrial commodities consumption continues growth in 2006.
Mar 02, 2007 ... China's industrial commodities consumption continues growth in 2006 Shanghai. March 2. INTERFAX-CHINA - China's industrial commodities consumption continued to grow in 2006 thanks to its fast economic expansion, according to the National Bureau of Statistics. Energy ...
China's Xiaolingtong subscriber base up in February.
Mar 02, 2007 ... China's Xiaolingtong subscriber base up in February Shanghai. March 2. INTERFAX-CHINA - China's Xiaolingtong, or PHS, subscriber base picked up slightly in February. As of February 28, China had a total of 93.9348 million Xiaolingtong subscribers, up 662,900 or 0.71 ...