China Business News back issues from May 2007:
Gas deliveries to Slovakia, Poland unaffected by pipeline accident - Companies (Part 2).
May 07, 2007 ... Gas deliveries to Slovakia, Poland unaffected by pipeline accident - Companies (Part 2) PRAGUE/WARSAW. May 7 (Interfax) - The explosion that occurred at the Ukrainian section of the Urengoi-Pomary-Uzhhorod gas pipeline on Monday has not affected shipments of Russian natural gas ...
Construction begins on China's largest gas research and manufacturing base.
May 08, 2007 ... Construction begins on China's largest gas research and manufacturing base Shanghai. May 8. INTERFAX-CHINA - Construction has begun on China's largest gas research and manufacturing base in the city of Handan in Hebei Province, state media reported today. Handan ...
China commodity futures markets turnover tops $392.93 bln in April.
May 08, 2007 ... China commodity futures markets turnover tops $392.93 bln in April Shanghai. May 8. INTERFAX-CHINA - Turnover of China's commodity futures markets in April increased by 74.81 percent from the same period last year to RMB 3.03 trillion ($392.93 billion), according to the China ...
Three Gorges project output quota upped by 56.26 mln megawatt hours, investment slated for reservoir area.
May 08, 2007 ... Three Gorges project output quota upped by 56.26 mln megawatt hours, investment slated for reservoir area Shanghai. May 8. INTERFAX-CHINA - China Yangtze Power Co. Ltd. (CYPC) has received notice from the National Development Reform Commission that the electricity output quota ...
Jinchuan Group revises offer on Phillipine nickel mining project.
May 08, 2007 ... Jinchuan Group revises offer on Phillipine nickel mining project Shanghai. May 8. INTERFAX-CHINA - Gansu Province-based Jinchuan Nickel Group, China's largest nickel producer, has revised its original offer to Philnico Industrial Corp. for a nickel mining project on Nonoc Island ...
Siemens opens medical equipment factory.
May 08, 2007 ... Siemens opens medical equipment factory Shanghai. May 8. INTERFAX-CHINA - A new Siemens medical equipment manufacturing factory will officially open in June and is expected to generate product sales of RMB 2.5 billion ($324.68 million) a year, said a representative today from ...
TCL net loss shrinks 95.3 pct annually in Q1.(Financial report)
May 08, 2007 ... TCL net loss shrinks 95.3 pct annually in Q1 Shanghai. May 8. INTERFAX-CHINA - Shenzhen-listed TCL recently reported net loss reached RMB 10.99 million (-$1.43 million) in the first quarter of this year, a reduction of 95.3 percent compared to the net loss of RMB 235.3 million ...
MII unveils timetable for lowering mobile phone roaming fees in 2007.
May 08, 2007 ... MII unveils timetable for lowering mobile phone roaming fees in 2007 Shanghai. May 8. INTERFAX-CHINA - China's Ministry of Information Industry announced recently its plans to lower the upper limit for mobile phone roaming fees this December. According to a rough ...
Hypertension costs China RMB 36.6 bln a year.
May 08, 2007 ... Hypertension costs China RMB 36.6 bln a year Shanghai. May 8. INTERFAX-CHINA - Hypertension is costing China around RMB 36.6 billion ($4.75 billion) each year in medical expenses, the Ministry of Health said last month. Currently, hypertension accounts for 28.15 ...
Chinese equities resume record-breaking run after weeklong holiday.
May 08, 2007 ... Chinese equities resume record-breaking run after weeklong holiday Shanghai. May 8. INTERFAX-CHINA - Chinese equities resumed their record- breaking run on Tuesday, as heated investors' sentiments remained unchanged after the weeklong May Day holiday. The benchmark ...
NDRC launches new round of price adjustments for western medicines.
May 08, 2007 ... NDRC launches new round of price adjustments for western medicines Shanghai. May 8. INTERFAX-CHINA - China's National Development and Reform Commission announced today it will enforce price cuts on 70 percent of a selected group of western medicines manufactured by both local ...
Wheat growth in China generally healthy - MOA.
May 08, 2007 ... Wheat growth in China generally healthy - MOA Shanghai. May 8. INTERFAX-CHINA - Wheat growth in China is generally healthy at the present time, the Ministry of Agriculture said. It is still a month before the start of large-scale wheat harvesting in China, leaving ...
PacificNet sells off interest in Guangzhou 3G.
May 08, 2007 ... PacificNet sells off interest in Guangzhou 3G Shanghai. May 8. INTERFAX-CHINA - Nasdaq-listed PacificNet Inc. announced Friday that it has agreed to sell its entire 51 percent equity stake in Guangzhou 3G Information Technology Co. Ltd. to HeySpace International ...
China home to 481 mln mobile phone subscribers at end of March.
May 08, 2007 ... China home to 481 mln mobile phone subscribers at end of March Shanghai. May 8. INTERFAX-CHINA - The number of Chinese mobile phone subscribers hit 480.652 million and fixed-line telephone subscribers hit 371.017 million at the end of March, while the telecom industry generated ...
China press review for May 8, 2007 - The Evening Papers.
May 08, 2007 ... China press review for May 8, 2007 - The Evening Papers Shanghai. May 8. INTERFAX-CHINA - The following is a digest of China newspapers published on May 8. Interfax does not accept liability for information in these stories. Government and Policy China's Ministry of ...
China formulating energy consumption standard for electronic and IT products.
May 08, 2007 ... China formulating energy consumption standard for electronic and IT products Shanghai. May 8. INTERFAX-CHINA -China will introduce new standards in energy consumption for electronic and information technology products amid efforts to reduce electronic pollution and conserve ...
Large polycrystalline silicon project to be developed in Inner Mongolia.
May 08, 2007 ... Large polycrystalline silicon project to be developed in Inner Mongolia Shanghai. May 8. INTERFAX-CHINA - Shanghai-listed Shanghai Aerospace Automobile Electromechanical Co. Ltd. announced today that its board members have agreed to a proposal to invest in a polycrystalline ...
Boehringer Ingelheim Shanghai launches Parkinson's disease investigation.
May 08, 2007 ... Boehringer Ingelheim Shanghai launches Parkinson's disease investigation Shanghai. May 8. INTERFAX-CHINA - Boehringer Ingelheim Shanghai Pharmaceuticals Ltd. has launched a Parkinson's awareness project across seven Chinese cites to specifically look at the emotional aspects of ...
Jinchuan to acquire an 11.03 pct stake in Allegiance.
May 08, 2007 ... Jinchuan to acquire an 11.03 pct stake in Allegiance Shanghai. May 8. INTERFAX-CHINA - Jinchuan Group Ltd., China's largest and the world's fifth largest nickel producer, has entered into an agreement to acquire 48,123,044 new shares in Australia-based Allegiance Mining NL, ...
Shanghai begins construction of emergency oil product reserve.
May 08, 2007 ... Shanghai begins construction of emergency oil product reserve Shanghai. May 8. INTERFAX-CHINA - Shanghai began constructing its own emergency oil product reserve in the Shanghai Chemical Industry Park in late April, state media reported over the weekend. Involving RMB ...
India reduces export tax on low-grade iron ore.
May 08, 2007 ... India reduces export tax on low-grade iron ore Shanghai. May 8. INTERFAX-CHINA - The Indian government has reduced the export tax on iron ore fines below 62 percent grade to 50 rupees ($1.23) per ton from the previous tax of 300 rupees ($7.35) per ton, according to an Indian ...
UMC net income down 74.4 pct in Q1.(Financial report)
May 08, 2007 ... UMC net income down 74.4 pct in Q1 Shanghai. May 8. INTERFAX-CHINA - Taiwan and New York-listed United Microelectronics Co. has reported a net income of NT $1.46 billion ($44 million) in the first quarter of this year, down 74.4 percent quarter- on-quarter and 88.1 percent ...
China Mobile unveils 23 products and services for Olympics.
May 08, 2007 ... China Mobile unveils 23 products and services for Olympics Shanghai. May 8. INTERFAX-CHINA - China Mobile recently unveiled plans for 23 Olympic Games-related products and services, including the official WAP Internet site for the 2008 Beijing Olympic Games, a special service to ...
Anhui Province's crop cultivation may rise 1.7 pct this year - NBS.
May 08, 2007 ... Anhui Province's crop cultivation may rise 1.7 pct this year - NBS Shanghai. May 8. INTERFAX-CHINA - Crop cultivation in southeastern China's Anhui Province may increase 1.7 percent over last year's figure on the back of government support and the expectation of higher profits ...
Shanghai fuel oil futures plunge after lower crude prices.
May 08, 2007 ... Shanghai fuel oil futures plunge after lower crude prices Shanghai. May 8. INTERFAX-CHINA - Fuel oil futures plunged at the Shanghai Futures Exchange (SHFE) on Tuesday following sluggish crude oil prices, which hovered near a six-week low due to confidence that crude oil ...
TCM marketplaces to become standardized logistic centers - SFDA.
May 08, 2007 ... TCM marketplaces to become standardized logistic centers - SFDA Shanghai. May 8. INTERFAX-CHINA - China is planning to regulate the distribution of traditional Chinese medicines and the raw materials used in TCMs by introducing a new set of standards for TCM marketplaces, ...
Suning revenue soars 150 pct year-on-year during May "golden week".
May 08, 2007 ... Suning revenue soars 150 pct year-on-year during May "golden week" Shanghai. May 8. INTERFAX-CHINA - Suning's revenue from China's recent week-long May Labor Day holiday soared by 150 percent year-on-year, propelled by revenue generated by the company's flagship stores in ...
PetroChina's landmark discovery holds 1 bln tons of total reserves.
May 08, 2007 ... PetroChina's landmark discovery holds 1 bln tons of total reserves Shanghai. May 8. INTERFAX-CHINA - PetroChina, the listed arm of the country's top energy company, China National Petroleum Corp., confirmed last week that geographical oil and gas reserves at its newly ...
Malignant tumors China's top killer.
May 08, 2007 ... Malignant tumors China's top killer Shanghai. May 8. INTERFAX-CHINA - Malignant tumors are the leading cause of death in both urban and rural China, the Ministry of Health announced late last month. A recent MoH survey, which covered 30 major cities and 78 counties, ...
China's foreign trade in electronic information products up 23.7 pct for Q1.
May 08, 2007 ... China's foreign trade in electronic information products up 23.7 pct for Q1 Shanghai. May 8. INTERFAX-CHINA - China's import and export business of electronic information products reached $170.73 billion during the first quarter of 2007, representing an annual increase of 23.7 ...
China press review for May 8, 2007 - the morning papers.
May 08, 2007 ... China press review for May 8, 2007 - the morning papers Shanghai. May 8. INTERFAX-CHINA - The following is a digest of China newspapers published on May 8. Interfax does not accept liability for information in these stories. Politics & Economics No evidence shows that ...
Alibaba Group remains silent about IPO.
May 08, 2007 ... Alibaba Group remains silent about IPO Shanghai. May 8. INTERFAX-CHINA - China's electronic commerce giant Alibaba Group has entered into a waiting period for its upcoming IPO, a source close to the situation told Interfax yesterday. "Alibaba Group has entered into ...
Qualcomm signs WCDMA subscriber unit license agreement with Lenovo Mobile.
May 08, 2007 ... Qualcomm signs WCDMA subscriber unit license agreement with Lenovo Mobile Shanghai. May 8. INTERFAX-CHINA - Qualcomm Inc. and Lenovo Group's subsidiary, Lenovo Mobile, announced yesterday that both parties have entered into a subscriber unit license agreement over WCDMA ...
TV production company sues Tencent's QQLive for copyright infringement.
May 08, 2007 ... TV production company sues Tencent's QQLive for copyright infringement Shanghai. May 8. INTERFAX-CHINA - A TV production company today filed a suit against Tencent's online TV service QQ Live for copyright infringement, according to a lawyer representing the TV producer. ...
China to purchase 8.16 mln tons of American soybeans.
May 08, 2007 ... China to purchase 8.16 mln tons of American soybeans Shanghai. May 8. INTERFAX-CHINA - A Chinese trade delegation will sign 15 purchase agreements with American soybean exporters for 300 million bushels (8.16 million tons) at a signing ceremony at the Chicago Board of Trade on ...
Hu Jintao hopes for advancement of Chinese-French ties (repeat).
May 08, 2007 ... Hu Jintao hopes for advancement of Chinese-French ties (repeat) Beijing. May 8. (Interfax-China) - Beijing hopes for the further development of the strategic partnership with Paris, says a message Chinese leader Hu Jintao sent on Monday to Nicolas Sarkozy who won the Sunday ...
Fujian to promote local LED and PV industry development.
May 08, 2007 ... Fujian to promote local LED and PV industry development Shanghai. May 8. INTERFAX-CHINA - Fujian, a southern coastal province in China, issued a notice recently announcing its plans to promote the development of the local light emitting diode (LED) and photovoltaic (PV) ...
China to lower inactive phone fees.
May 08, 2007 ... China to lower inactive phone fees Shanghai. May 8. INTERFAX-CHINA - The Chinese government plans to lower the upper limit of the fee that fixed-line and mobile phone operators charge users for retaining their inactive phone numbers, a spokesperson from the Ministry of ...
Yunnan Chihong Zinc and Germanium to consolidate mineral reserves in Inner Mongolia.
May 08, 2007 ... Yunnan Chihong Zinc and Germanium to consolidate mineral reserves in Inner Mongolia Shanghai. May 8. INTERFAX-CHINA - Yunnan Chihong Zinc and Germanium Co. Ltd. (YCZG), a leading Chinese zinc smelter, has entered into an agreement with the Inner Mongolian government ...
Tasly to issue short-term financing bonds to lower financial costs.
May 08, 2007 ... Tasly to issue short-term financing bonds to lower financial costs Shanghai. May 8. INTERFAX-CHINA - Tianjin Tasly Pharmaceutical Co. Ltd., one of China's largest traditional Chinese medicine manufacturers, said today it would issue short-term financing bonds to reduce financial ...
China approves 2,517 foreign joint venture gas stations.
May 08, 2007 ... China approves 2,517 foreign joint venture gas stations Shanghai. May 8. INTERFAX-CHINA - China is planning to build 2,517 foreign joint venture gas stations, and already 1,500 are in operation, according to the latest statistics from the Ministry of Commerce. Of the ...
Uzbekistan, China to agree on gas transit pipeline route by 2008 (repeat).
May 08, 2007 ... Uzbekistan, China to agree on gas transit pipeline route by 2008 (repeat) Tashkent. May 8. (Interfax-Kazakhstan) - Uzbekistan and China are to agree on the route of a gas pipeline to transit gas from Turkmenistan through Uzbekistan by early 2008, a source in the government told ...
Sohu Q1 net income drops 25 pct annually.(Financial report)
May 08, 2007 ... Sohu Q1 net income drops 25 pct annually Shanghai. May 8. INTERFAX-CHINA - Sohu's net income for the first quarter of this year dropped to $4.5 million, down 25.0 percent annually and 26.2 percent quarterly, according to Sohu's recently announced financial results for the first ...
China home to 473.93 mln mobile phone users in Feb.
May 08, 2007 ... China home to 473.93 mln mobile phone users in Feb Shanghai. May 8. INTERFAX-CHINA - China had a total of 843.79 million telephone users at the end of February this year, which includes 473.93 million mobile subscribers and as many as 369.86 million fixed-line subscribers, ...
Yuxi Mining to develop 20,000-ton copper concentrate selecting facility in Yunnan.
May 09, 2007 ... Yuxi Mining to develop 20,000-ton copper concentrate selecting facility in Yunnan Shanghai. May 9. INTERFAX-CHINA - Yuxi Mining Corporation, a Yunnan Copper Group subsidiary, has entered into an agreement with the Yunnan provincial government to develop a copper mine in the city ...
Baosteel and CVRD continue Brazilian joint steelworks talks.
May 09, 2007 ... Baosteel and CVRD continue Brazilian joint steelworks talks Shanghai. May 9. INTERFAX-CHINA - Companhia Vale do Rio Doce, the world's largest iron ore producer, has resumed talks with Shanghai Baoshan Iron and Steel Group (Baosteel) on their possible joint steelworks project in ...
China to stop major drug price cuts but will fine tune prices - experts.
May 09, 2007 ... China to stop major drug price cuts but will fine tune prices - experts Shanghai. May 9. INTERFAX-CHINA - The Chinese government could soon stop cutting drug prices by large margins but will continue to fine tune drug costs, industry analysts told Interfax today. ...
China press review for May 9, 2007 - the evening papers.
May 09, 2007 ... China press review for May 9, 2007 - the evening papers Shanghai. May 9. INTERFAX-CHINA - The following is a digest of China newspapers published on May 9. Interfax does not accept liability for information in these stories. Government and Policy The National ...
Photop receives $13.5 mln in investment.
May 09, 2007 ... Photop receives $13.5 mln in investment Shanghai. May 9. INTERFAX-CHINA - Photop Technologies, a Fuzhou-based photoelectric product designer and manufacturer, has received $13.5 million in investments to fund its business expansion, a source from within the company told Interfax ...
China press review for May 9, 2007 - the morning papers.
May 09, 2007 ... China press review for May 9, 2007 - the morning papers Shanghai. May 9. INTERFAX-CHINA - The following is a digest of China newspapers published on May 9. Interfax does not accept liability for information in these stories. Politics & Economics The benchmark price of ...
HTC to acquire Dopod International subsidiaries for up to $14.5 mln.
May 09, 2007 ... HTC to acquire Dopod International subsidiaries for up to $14.5 mln Shanghai. May 9. INTERFAX-CHINA - High Tech Computer Corp., a Taiwan- based smartphone and PDA phone manufacturer, announced yesterday that it has signed an acquisition agreement with Dopod International to ...
China should confront mineral reserve shortages - NDRC.
May 09, 2007 ... China should confront mineral reserve shortages - NDRC Shanghai. May 9. INTERFAX-CHINA - China will have to face its ever- growing mineral resource shortage within the next 15 years, according to a National Development and Reform Commission announcement yesterday. ...
China denies selling weapons to Sudan (repeat).
May 09, 2007 ... China denies selling weapons to Sudan (repeat) Beijing. May 9. (Interfax-AVN) - The Chinese Foreign Ministry has rejected accusations that the country continues to sell weapons to Sudan in violation of an international embargo. Foreign Ministry spokeswoman Jiang Yu ...
Internet access costs too high in China - World Bank.
May 09, 2007 ... Internet access costs too high in China - World Bank Beijing. May 9. INTERFAX-CHINA - The price of internet access in China is comparatively high, with internet access fees and associated expenditure costing the equivalent of 10 percent of an individuals average income, state ...
Inpatient and outpatient fees jump 40 pct in six years - MoH.
May 09, 2007 ... Inpatient and outpatient fees jump 40 pct in six years - MoH Shanghai. May 9. INTERFAX-CHINA - Both inpatient and outpatient expenditure in China has increased by around 40 percent over the past six years, according to statistics by the Ministry of Health released yesterday. ...
Life imprisonment for fraud who posed as People's Daily deputy chief.
May 09, 2007 ... Life imprisonment for fraud who posed as People's Daily deputy chief Shanghai. May 9. INTERFAX-CHINA - A man who claimed to work for Chinese newspaper, the People's Daily, and swindled victims out of a total of RMB 3.79 million ($541,000), has been sentenced to life ...
China's new liver cancer drug ready to enter market.
May 09, 2007 ... China's new liver cancer drug ready to enter market Shanghai. May 9. INTERFAX-CHINA - Chengdu Hoist Inc. Ltd. announced today its new iodine [131I] metuximab injection has passed all government approvals and can now enter the market, while also having received state class one ...
Liancheng Aluminum to construct 250,000-ton processing facility in Gansu.
May 09, 2007 ... Liancheng Aluminum to construct 250,000-ton processing facility in Gansu Shanghai. May 9. INTERFAX-CHINA - Liancheng Aluminum Co. Ltd., a subsidiary of the Aluminum Corporation of China (Chinalco), entered into an agreement with the Yongdeng County government of Lanzhou City in ...
Baosteel and Hangang to sign 5 mln-ton steelworks project.
May 09, 2007 ... Baosteel and Hangang to sign 5 mln-ton steelworks project Shanghai. May 9. INTERFAX-CHINA - Shanghai Baosteel Group, China's largest steelmaker, and Handan Iron and Steel Group (Hangang), China's eleventh largest steelmaker, will sign an agreement tomorrow to jointly fund ...
China Telecom launches fixed-line radio service in Zhejiang.
May 09, 2007 ... China Telecom launches fixed-line radio service in Zhejiang Shanghai. May 9. INTERFAX-CHINA - China Telecom's Zhejiang subsidiary recently launched a fixed-line network-based radio service through cooperation with Tencent, a service provider and developer of China's most popular ...
Pig disease outbreak in Guangdong Province under control - official.
May 09, 2007 ... Pig disease outbreak in Guangdong Province under control - official Shanghai. May 9. INTERFAX-CHINA - The government has effectively controlled a disease outbreak that killed hundreds of pigs in southern China's Guangdong Province, according to local authorities following ...
MOST issues policies to encourage R & D of anti-AIDS medicines.
May 09, 2007 ... MOST issues policies to encourage R & D of anti-AIDS medicines Shanghai. May 9. INTERFAX-CHINA - China's Ministry of Science and Technology has pledged to back research and development into anti-AIDS medicines and vaccines through the issue of new policies, as well as implement ...
Hi-Tech Wealth releases light-powered mobile phone.
May 09, 2007 ... Hi-Tech Wealth releases light-powered mobile phone Shanghai. May 9. INTERFAX-CHINA - Hi-Tech Wealth will soon release a mobile phone powered by light on the Chinese market, which it claims is the world's first commercial product of its kind, a company official said today. ...
Chinese equities continue record-breaking run.
May 09, 2007 ... Chinese equities continue record-breaking run A-Share markets of Shanghai and Shenzhen continued their record-breaking run in the week ending Wednesday, despite amounting warnings of bubbles in the investment market. By Wednesday's close, the benchmark Shanghai ...
Sinopec to issue bonds to finance Puguang gas project.
May 09, 2007 ... Sinopec to issue bonds to finance Puguang gas project Shanghai. May 9. INTERFAX-CHINA - China Petroleum & Chemical Corp. (Sinopec), Asia's largest refiner, has received board approval to issue a large number of bonds to finance its gas pipeline project in Sichuan ...