China Business News back issues from July 2007:
SK Telecom may convert $1 bln China Unicom bonds into shares.
Jul 02, 2007 ... SK Telecom may convert $1 bln China Unicom bonds into shares Shanghai. July 2. INTERFAX-CHINA - SK Telecom is considering converting RMB 7.61 billion ($1 billion) worth of China Unicom bonds into shares of the Chinese mobile phone operator, an official from SK Telecom said last ...
China Unicom to make network service "civilized".
Jul 02, 2007 ... China Unicom to make network service "civilized" Shanghai. July 2. INTERFAX-CHINA - China Unicom has established special working groups that will devise ways to construct a more "civilized" network environment, state media reported on Friday. China Unicom will focus ...
Yunnan Geology and Mineral to develop China's second largest platinum and palladium deposit.
Jul 02, 2007 ... Yunnan Geology and Mineral to develop China's second largest platinum and palladium deposit Shanghai. July 2. INTERFAX-CHINA - Yunnan Geology and Mineral Resources Co. Ltd. intends to develop China's second largest platinum and palladium mine in southwestern China's Yunnan ...
MII, BOCOG jointly release radio regulations for Olympics.
Jul 02, 2007 ... MII, BOCOG jointly release radio regulations for Olympics Shanghai. July 2. INTERFAX-CHINA - China's Ministry of Information Industry has partnered with the Beijing Organizing Committee for the Games of the XXIX Olympiad (BOCOG) to release interim regulations on radio management ...
Yunnan Tin forecasts H1 net profit surge - official.
Jul 02, 2007 ... Yunnan Tin forecasts H1 net profit surge - official Shanghai. July 2. INTERFAX-CHINA - Shenzhen-listed Yunnan Tin Co. Ltd. forecasts a net profit surge of between 600 percent and 650 percent for the first half of 2007 compared to the same period last year despite ...
Shanghai fuel oil futures strengthen as crude stands firm above $70.
Jul 02, 2007 ... Shanghai fuel oil futures strengthen as crude stands firm above $70 Shanghai. July 2. INTERFAX-CHINA - Fuel oil futures strengthened over 1 percent at the Shanghai Futures Exchange (SHFE) on Monday after NYMEX crude oil futures last Friday stood firm above the $70 a barrel ...
India's oil product exports to increase, targeting China and Europe.
Jul 02, 2007 ... India's oil product exports to increase, targeting China and Europe Beijing. July 2. INTERFAX-CHINA - The Chinese and European oil product markets are being eyed by India as the country's oil refining capacity is exceeding domestic demand, according to analysts last week. ...
China's first domestically-made LNG carrier to go into operation at end of year.
Jul 02, 2007 ... China's first domestically-made LNG carrier to go into operation at end of year Shanghai. July 2. INTERFAX-CHINA - China's first domestically-made liquefied natural gas (LNG) carrier ship will go into operation at the end of the year to serve the Shenzhen-based Guangdong Dapeng ...
China's iron ore stockpiles reach 44.29 mln tons on June 29.
Jul 02, 2007 ... China's iron ore stockpiles reach 44.29 mln tons on June 29 Shanghai. July 2. INTERFAX-CHINA - Iron ore stockpiles in China's major 23 ports reached 44.29 million tons on June 29, up 1.84 percent from the previous Friday. Indian iron ore stockpiles were also up 0.65 percent to ...
China press review for July 2, 2007 - the evening papers.
Jul 02, 2007 ... China press review for July 2, 2007 - the evening papers Shanghai. July 2. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on July 2. Interfax does not accept liability for any information in these stories. Government and Policy Hong Kong ...
China press review for July 2, 2007 - the morning papers.
Jul 02, 2007 ... China press review for July 2, 2007 - the morning papers Shanghai. July 2. INTERFAX-CHINA - The following is a digest of China newspapers published on July 2. Interfax does not accept liability for information in these stories. Politics & Economics The People's ...
Improvements in stability of China's financial system since 2006, some issues remain - report.
Jul 02, 2007 ... Improvements in stability of China's financial system since 2006, some issues remain - report Beijing. July 2. INTERFAX-CHINA - The stability of China's financial system has improved since 2006, though some issues remain to be addressed, according to a report issued by the ...
China's GDP to grow by up to 10.8 pct, CPI to reach 3.2 pct in 2007 - PBOC.
Jul 02, 2007 ... China's GDP to grow by up to 10.8 pct, CPI to reach 3.2 pct in 2007 - PBOC Beijing. July 2. INTERFAX-CHINA - The People's Bank of China predicts that China's GDP (gross domestic product) will grow by up to 10.8 percent and the country's CPI (consumer price index) will reach 3.2 ...
China's Shengli wins tender for Kenyan oil pipe project.
Jul 02, 2007 ... China's Shengli wins tender for Kenyan oil pipe project Shanghai. July 2. INTERFAX-CHINA - China's Shengli Engineering and Consulting Co. Ltd. won a tender over the weekend for an oil pipeline construction project in Kenya, state media reported. The new oil pipeline ...
China's stainless steel production to exceed 6 mln tons this year - industry official.
Jul 02, 2007 ... China's stainless steel production to exceed 6 mln tons this year - industry official Shanghai. July 2. INTERFAX-CHINA - China will produce more than 6 million tons of stainless steel this year, with total capacity expected to exceed 10 million tons, a senior official with the ...
Sinopec signs initial agreement with SK Corp. over Wuhan ethylene plant.
Jul 02, 2007 ... Sinopec signs initial agreement with SK Corp. over Wuhan ethylene plant Shanghai. July 2. INTERFAX-CHINA - An official with the China Petroleum & Chemical Corp. (Sinopec), China's and Asia's largest refiner, said that the company has signed an initial agreement with SK Corp., ...
China Unicom to provide communications services for China's transportation industry.
Jul 02, 2007 ... China Unicom to provide communications services for China's transportation industry Shanghai. July 2. INTERFAX-CHINA - China Unicom has signed a strategic alliance agreement with China's Ministry of Communications, and will provide full-scale information and communications ...
Liaoning's spring grain cultivation tops 3 mln hectares.
Jul 02, 2007 ... Liaoning's spring grain cultivation tops 3 mln hectares Shanghai. July 2. INTERFAX-CHINA - Spring grain cultivation in China's grain-rich Liaoning Province topped 46.27 million mu (3.08 million hectares) this year, up 62,200 mu (4,146.67 hectares) on an annual basis, according ...
Six-party talks will continue, provided North Korea respects obligations -Pulikovsky (repeat).
Jul 02, 2007 ... Six-party talks will continue, provided North Korea respects obligations -Pulikovsky (repeat) Moscow. July 2. INTERFAX-AVN - The six-party talks will continue only if North Korea lives up to its obligations assumed at the meeting in Beijing, Konstantin Pulikovsky, head of ...
Four Chinese software companies join OASIS.
Jul 02, 2007 ... Four Chinese software companies join OASIS Shanghai. July 2. INTERFAX-CHINA - Chinese software companies Primeton, Digital China, Beijing Redflag CH2000 and CE.net joined the Organization for the Advancement of Structured Information Standards (OASIS) over the weekend, state ...
Ling'ao begins installation of nuclear island.
Jul 02, 2007 ... Ling'ao begins installation of nuclear island Shanghai. July 2. INTERFAX-CHINA - The Guangdong-based Ling'ao nuclear power plant began installation of its nuclear island as part of the second phase of its construction, state media reported last week. The project, ...
China's software industry revenues up 27 pct yearly in first five months.
Jul 02, 2007 ... China's software industry revenues up 27 pct yearly in first five months Shanghai. July 2. INTERFAX-CHINA - Total revenue from China's software industry reached RMB 184.6 billion ($24.3 billion) during the first five months this year, expanding 27 percent year-on-year, the ...
Chinese equities post late session rally.
Jul 02, 2007 ... Chinese equities post late session rally Shanghai. July 2. INTERFAX-CHINA - Chinese equities posted a technical rally on Monday led by steel and IT shares. The Standing Committee of the National People's Congress over the weekend gave authorization to the State ...
Baotou Steel to list all steel assets of parent.
Jul 02, 2007 ... Baotou Steel to list all steel assets of parent Shanghai. July 2. INTERFAX-CHINA - Inner Mongolian Baotou Steel Union Co. Ltd., Baotou Iron and Steel Group's Shanghai-listed subsidiary, will issue 3.032 billion additional A-shares in order to acquire steel-related assets from ...
China to set up strategic coal reserve system.
Jul 02, 2007 ... China to set up strategic coal reserve system Shanghai. July 2. INTERFAX-CHINA - The latest draft of China's Coal Law, which will be completed and submitted to the country's State Council sometime this year, includes legal principles for the establishment and management of a ...
Guangzhou Global Telecom inks distribution agreement with China Unicom.
Jul 02, 2007 ... Guangzhou Global Telecom inks distribution agreement with China Unicom Shanghai. July 2. INTERFAX-CHINA - Guangzhou Global Telecom (GZGT), a Chinese mobile handset value-added service provider and prepaid calling card and mobile handset distributor, has recently signed a ...
Inner Mongolia to construct second straw-fired power plant.
Jul 02, 2007 ... Inner Mongolia to construct second straw-fired power plant Beijing. July 2. INTERFAX-CHINA - The State Grid Corporation will begin construction of its second straw-fired power plant in the Inner Mongolia Autonomous Region in October, which is scheduled to be completed at the end ...
Awareness of breast cancer low in Chinese women - survey.
Jul 02, 2007 ... Awareness of breast cancer low in Chinese women - survey Shanghai. July 2. INTERFAX-CHINA - A joint survey by the Chinese Anti- cancer Association, the Chinese Medical Association and AstraZeneca China has found that the awareness of breast cancer is low in Chinese women, ...
GSK's Chinese R & D center to adopt unique structure for fully integrated research.
Jul 02, 2007 ... GSK's Chinese R & D center to adopt unique structure for fully integrated research Shanghai. July 2. INTERFAX-CHINA - A new GlaxoSmithKline (GSK) R & D center to be constructed in China will adopt a unique structure to incorporate the whole drug process from its discovery stage ...
Turkmenneft, Sinopec to ink deal to drill wells at Yashildepe (repeat).
Jul 02, 2007 ... Turkmenneft, Sinopec to ink deal to drill wells at Yashildepe (repeat) Ashgabat. July 2. INTERFAX - State-owned Turkmenneft and the Shengli Petroleum Administration Bureau of China Petrochemical Corporation Sinopec will sign a two-and-a-half-year contract on a project to drill ...
Private hospital research institute sets up in Shanghai.
Jul 02, 2007 ... Private hospital research institute sets up in Shanghai Shanghai. July 2. INTERFAX-CHINA - Shanghai's first privately-owned medical research and development institute has opened in Pudong, the group behind the project, Shanghai Blue Cross Hospital Management Co. ...
NBS cotton output estimate less accurate than rail transport data - CCA official.
Jul 02, 2007 ... NBS cotton output estimate less accurate than rail transport data - CCA official Shanghai. July 2. INTERFAX-CHINA - The National Bureau of Statistics may have underestimated China's cotton output for the 2005/2006 season by nearly 400,000 tons based on a comparison with railway ...
Tianjin Bai'ao Biotech to open new factory.
Jul 02, 2007 ... Tianjin Bai'ao Biotech to open new factory Shanghai. July 2. INTERFAX-CHINA - Tianjin Bai'ao Biotech Co. Ltd. expects its new cordyceps sinensis mycelium powder factory to be operational within the next few days, a company official told Interfax today. A ...
Baosteel sets up joint venture to produce key nuclear power station component.
Jul 02, 2007 ... Baosteel sets up joint venture to produce key nuclear power station component Shanghai. July 2. INTERFAX-CHINA - Shanghai Baosteel Co. Ltd. (Baosteel), a Shanghai-listed subsidiary of Baosteel Group, China's largest steel mill, set up a joint venture with a precise ...
MOFCOM names 15 cities as pharmaceutical export bases.
Jul 02, 2007 ... MOFCOM names 15 cities as pharmaceutical export bases Shanghai. July 2. INTERFAX-CHINA - The Ministry of Commerce (MOFCOM) has appointed 15 Chinese cities as official pharmaceutical export bases, it announced last week. The cities that have been granted official ...
KongZhong cooperates with MSN China over Mobile Messenger 3.0.
Jul 02, 2007 ... KongZhong cooperates with MSN China over Mobile Messenger 3.0 Shanghai. July 2. INTERFAX-CHINA - KongZhong, a Chinese wireless portal and wireless value-added service (WVAS) provider, announced on Friday that it has signed a cooperative agreement with MSN Network Communications ...
Unfair to criticize China in terms of oil consumption - senior BP official.
Jul 02, 2007 ... Unfair to criticize China in terms of oil consumption - senior BP official Shanghai. July 2. INTERFAX-CHINA - It is misleading and unfair to criticize China over growing oil consumption levels, a senior BP official said today in Beijing. China's rising oil demand is ...
Gross profits of China's top 100 IT companies soar 111 pct annually in first five months.(Company rankings)
Jul 02, 2007 ... Gross profits of China's top 100 IT companies soar 111 pct annually in first five months Shanghai. July 2. INTERFAX-CHINA - IT companies that appeared on the Chinese Ministry of Information Industry's recent top 100 IT companies list together generated RMB 8.31 billion ($1.09 ...
Drought affects 1.32 mln hectares of arable land in Heilongjiang.
Jul 02, 2007 ... Drought affects 1.32 mln hectares of arable land in Heilongjiang Shanghai. July 2. INTERFAX-CHINA - The drought in northeastern China affected around 19.8 million mu (1.32 million hectares) of arable land in Heilongjiang Province, China's largest soybean growing region, by June ...
China Mobile adopts Intec's mediation solution to manage subscriber growth.
Jul 02, 2007 ... China Mobile adopts Intec's mediation solution to manage subscriber growth Shanghai. July 2. INTERFAX-CHINA - Intec announced last week that it has been selected by Beijing Mobile, a subsidiary of China Mobile, to supply a multi-service convergent mediation solution to support ...
Intel's Dalian facility passes government infrastructure inspection.
Jul 02, 2007 ... Intel's Dalian facility passes government infrastructure inspection Shanghai. July 2. INTERFAX-CHINA - The Chinese government's recent inspection of Intel's wafer export processing facility in Liaoning Province's Dalian has been followed by an announcement that the facility's ...
China implements medical device bidding system.
Jul 02, 2007 ... China implements medical device bidding system Shanghai. July 2. INTERFAX-CHINA - Medical devices are the latest hospital products to be purchased through a bidding process, China's Ministry of Health announced Friday. Under new laws, all hospitals in China will now ...
Shell China in talks with private oil companies for potential group purchase - source.
Jul 02, 2007 ... Shell China in talks with private oil companies for potential group purchase - source Shanghai. July 2. INTERFAX-CHINA - Shell China is in talks with private oil companies to purchase their gas stations as one large group, but the private companies are asking for a price too ...
Rising peanut exports will have little effect on edible oil prices - analyst.
Jul 02, 2007 ... Rising peanut exports will have little effect on edible oil prices - analyst Beijing. July 2. INTERFAX-CHINA - Rising peanut exports from China will have little impact on edible oil prices in the domestic market, an analyst said today. China's peanut exports in May ...
China and Sweden to invest $7.9 mln in joint 4G research.
Jul 03, 2007 ... China and Sweden to invest $7.9 mln in joint 4G research Shanghai. July 3. INTERFAX-CHINA - Both Chinese and Swedish governments have agreed to invest a total of RMB 60 million ($7.89 million) in the first phase of a joint research project on fourth generation (4G) mobile ...
Microsoft and Bright Oceans discussing strategic cooperation.
Jul 03, 2007 ... Microsoft and Bright Oceans discussing strategic cooperation Shanghai. July 3. INTERFAX-CHINA - Microsoft China and Shanghai-listed Bright Oceans Inter-Telecom Corporation are currently in discussions to establish a strategic cooperation, Bright Oceans announced last night. ...
CNGOIC raises China's corn output to 149 mln tons for 2007.
Jul 03, 2007 ... CNGOIC raises China's corn output to 149 mln tons for 2007 Shanghai. July 3. INTERFAX-CHINA - The China National Grain and Oil Information Center raised its corn output forecast for 2007 to 149 million tons in its July forecast from its June estimate of 147 million tons, and ...
CNGOIC raises corn and soybean supply for 2006/2007 in July forecast.
Jul 03, 2007 ... CNGOIC raises corn and soybean supply for 2006/2007 in July forecast Shanghai. July 3. INTERFAX-CHINA - The China National Grain and Oil Information Center has raised its forecast for China's fresh corn supply in the 2006/2007 and 2007/2008 seasons in its July supply and demand ...
Hiteker expects 100 pct growth for 2007 H1 net profit.
Jul 03, 2007 ... Hiteker expects 100 pct growth for 2007 H1 net profit Shanghai. July 3. INTERFAX-CHINA - Shanghai-listed Jiangsu Hongtu High Technology Co. Ltd. (Hiteker) expects its net profit for the first half of 2007 to skyrocket by 100 percent year-on-year to reach approximately RMB 24 ...
Kaspersky sues Rising over unfair competitive practices.
Jul 03, 2007 ... Kaspersky sues Rising over unfair competitive practices Shanghai. July 3. INTERFAX-CHINA - The Chinese subsidiary of Russian anti-virus software developer Kaspersky Lab is suing Chinese competitor Rising Tech Co. Ltd. over unfair competitive practices and will have its case ...
Shenzhen lowers medical service fees.
Jul 03, 2007 ... Shenzhen lowers medical service fees Shanghai. July 3. INTERFAX-CHINA - From July 1, Shenzhen will adopt a new charging system that will see an average 8.1 percent decrease in medical costs, state media reported today. The new charging system will affect 3,966 medical ...
Export tax rebate cut will shave earnings of state-owned pharma giant.
Jul 03, 2007 ... Export tax rebate cut will shave earnings of state-owned pharma giant Shanghai. July 3. INTERFAX-CHINA - The new export tax rebate policy, which came into effect July 1, will affect the earnings of one of China's largest state-owned pharmaceutical companies, Northeast ...
China discovers 213 mineral deposits last year.
Jul 03, 2007 ... China discovers 213 mineral deposits last year Shanghai. July 3. INTERFAX-CHINA - There were 213 mid to large-sized mineral deposits that were discovered in China during 2006, including 85 metals resource deposits and 42 energy mineral mines, said the Ministry of Land and ...
Shanghai fuel oil futures continue bull run as crude breaches $71 a barrel.
Jul 03, 2007 ... Shanghai fuel oil futures continue bull run as crude breaches $71 a barrel Shanghai. July 3.INTERFAX-CHINA - Fuel oil futures continued their bull run at the Shanghai Futures Exchange (SHFE) on Tuesday after NYMEX crude oil futures breached the $71 a barrel benchmark for the ...
Chalco to acquire Baotou Aluminum through share swap.
Jul 03, 2007 ... Chalco to acquire Baotou Aluminum through share swap Shanghai. July 3. INTERFAX-CHINA - The Aluminum Corporation of China Co. Ltd. (Chalco) and Batou Aluminum Co. Ltd., both Shanghai-listed subsidiaries of the Aluminum Corporation of China Group (Chinalco), China's ...
China to open up mainland VPN service market to Hong Kong next year.
Jul 03, 2007 ... China to open up mainland VPN service market to Hong Kong next year Shanghai. July 3. INTERFAX-CHINA - China will allow Hong Kong service providers to set up joint ventures in mainland China to provide IP-based virtual private network (VPN) services beginning Jan. 1, 2008, ...
China press review for July 3, 2007 -t he evening papers.
Jul 03, 2007 ... China press review for July 3, 2007 -t he evening papers Shanghai. July 3. INTERFAX-CHINA - The following is a digest of Chinese newspapers published on July 3. Interfax does not accept any liability for information contained in these stories. Government and Policy ...
China's raw coal output up 7.1 pct, small coal mine accidents down 19.1 pct yearly in H1.
Jul 03, 2007 ... China's raw coal output up 7.1 pct, small coal mine accidents down 19.1 pct yearly in H1 Shanghai. July 3. INTERFAX-CHINA - China's raw coal output reached grew 7.1 percent year-on-year to 1.1 billion tons in the first six months of 2007, while accidents in small coal mines ...
ASUS separates branded business and OEM business.
Jul 03, 2007 ... ASUS separates branded business and OEM business Shanghai. July 3. INTERFAX-CHINA - ASUSTek Computer Inc. (ASUS) announced yesterday in Taiwan that it will separate its ASUS-branded products manufacturing business and its OEM (original equipment manufacturing) business next ...
Shenhua Energy to apply for A-share listing in Shanghai.
Jul 03, 2007 ... Shenhua Energy to apply for A-share listing in Shanghai Shanghai. July 3. INTERFAX-CHINA - China Shenhua Energy Co. Ltd., the listed arm of China's largest coal producer Shenhua Group, submitted a statement to the Hong Kong Stock Exchange yesterday saying that it will apply to ...
WISCO and Noble International jointly establish laser-welding facility in Wuhan.
Jul 03, 2007 ... WISCO and Noble International jointly establish laser-welding facility in Wuhan Shanghai. July 3. INTERFAX-CHINA - Wuhan Iron and Steel (Group) Corp. (WISCO) and U.S.-based Noble International Ltd. have begun construction on a joint laser-welding facility in the city ...
Shanda and TECMO to operate DOA Online in China.
Jul 03, 2007 ... Shanda and TECMO to operate DOA Online in China Shanghai. July 3. INTERFAX-CHINA - Chinese online game developer and operator Shanda Interactive Entertainment Ltd. has entered into an exclusive agreement with Japanese game developer TECMO Ltd. to operate the online version of ...
China Telecom, Rostelecom sign cooperative agreement over Internet traffic.
Jul 03, 2007 ... China Telecom, Rostelecom sign cooperative agreement over Internet traffic Shanghai. July 3. INTERFAX-CHINA - China Telecom announced yesterday that it has signed a cooperative agreement with Rostelecom, Russia's national long-distance telecommunications operator, over the ...
Jiangsu introduces China's first provincial regulation for the software industry.
Jul 03, 2007 ... Jiangsu introduces China's first provincial regulation for the software industry Shanghai. July 3. INTERFAX-CHINA - China's Jiangsu Province has enacted its first software industry regulation, which will greater protect the province's intellectual property rights, state media ...
Hisun Pharma to form JV with Spanish company.
Jul 03, 2007 ... Hisun Pharma to form JV with Spanish company Shanghai. July 3. INTERFAX-CHINA - Zhejiang Hisun Pharmaceutical Co. Ltd., one of China's biggest active pharmaceutical ingredient producers, announced today it has signed a letter of intent with a Spanish company on drug ...