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Cultural Industry to Elevate Competitiveness by Improving Values

Cultural Industry to Elevate Competitiveness by Improving Values

Cultural experts who were on hand at the China International Cultural Conference said that the Chinese cultural industry must elevate their global competitiveness by implementing cultural values in their products and take proper advantage of the country’s export platforms. A report in the development of the Chinese cultural trade and major enterprises was also released [...]

May 16 2014, 7:31 am | Posted in Investment Relations | Read More »

China’s Debt Rises to 226 Percent of Annual GDP

China’s Debt Rises to 226 Percent of Annual GDP

Liu Shiyu, Deputy Governor of the People’s Bank of China, warned yesterday of the continuing perils of shadow banking and urged further efforts to control China’s rising debt. Commenting that China’s shadow banking sector was created using a “gambling mind set” directed only at short-term investments, he stated that the practice is pushing up costs [...]

May 15 2014, 11:28 pm | Posted in Finance | Read More »

Mobile Carrier Seeks Private Investment to Develop New Businesses

Mobile Carrier Seeks Private Investment to Develop New Businesses

The third largest mobile carrier China Telecom Corp. is looking for private investment to assist the company in developing new businesses such as online payments and social networking. The only way to achieve this goal is through joint ventures and acquisitions are ways to China Telecom to cooperate with Private Firms. The company even offer [...]

May 15 2014, 9:33 am | Posted in Investment Relations | Read More »

Beijing to Invest 86 Billion in New Airport

Beijing to Invest 86 Billion in New Airport

As congestion still continues to clogs the runways and airport gates at the Beijing Capital International Airport, Beijing is planning to construct a new airport in the south at the cost of 86 billion yuan. The new facility will border on Hebei Province can handle around 72 million passengers and around 2 million tons of [...]

May 15 2014, 8:44 am | Posted in Investment Relations | Read More »

China to Hold First Nuclear Drill Since 2009

China to Hold First Nuclear Drill Since 2009

China is planning to stage a national nuclear disaster drill next year in Guangdong which is home to some of the biggest and oldest commercial reactors in the country. The drill is called Shendun or the Heavenly Shield will be the first drill to be held since 2009. The deputy director for the National Nuclear [...]

May 14 2014, 9:33 am | Posted in Quality Control | Read More »

Carbon Linked Bond to be Issued by CGN on the Shenzhen Emmission Exchange

Carbon Linked Bond to be Issued by CGN on the Shenzhen Emmission Exchange

Last Monday the city launched its first carbon linked carbon bond financial product on the Shenzhen Emissions Exchange. The bond will be issued by a unit of the China General Nuclear Power Group that will be raising around 1 billion yuan and is said to mature in five years. And Shanghai Pudong Development Bank and [...]

May 14 2014, 7:36 am | Posted in Investment Relations | Read More »

China Signs Agreement with Africa to Build New Railway

China Signs Agreement with Africa to Build New Railway

China along with east African leaders have formally signed agreements that is related to the construction of a multi billion dollar railway that runs from the Kenyan port of Mombasa going to Nairobi and to neighboring states. The agreements were signed in Nairobi during the last stage of the African tour by Chinese Premier Li [...]

May 13 2014, 8:40 am | Posted in Investment Relations | Read More »

City Creates Legislation to Help Build an International City

City Creates Legislation to Help Build an International City

Shenzhen created a legislation that will help protect the safety of the financial information in Qianhai and made it its top priority in the efforts of building the city into an international city. called the Manhattan of the Pearl River Delta, Qianhai is being developing into a modern service industry hub by Shenzhen and Hong [...]

May 13 2014, 7:30 am | Posted in Investment Relations | Read More »

China to Push Their Plans to Implement Broader Capital Market Reforms

China to Push Their Plans to Implement Broader Capital Market Reforms

China pledged to push ahead with their plans to implement a broader range of capital market reforms as the country seeks to encourage a more efficient capital allocation, improve transparency and increase foreign investment in the markets. During a wide ranged statement of policy principles, the State Cabinet promised that they will develop a system [...]

May 12 2014, 8:34 am | Posted in Investment Relations | Read More »

Two More Banks to Ban Bitcoin Deposits

Two More Banks to Ban Bitcoin Deposits

Two more banks have banned customers from using their bank accounts for trading the bitcoin, adding another blow to the virtual trading currency business in China. China Guangfa Bank and the Shanghai Pudong Development Bank Co. made the announcements on their websites stating that institutional and retail customers will no longer be allowed to use [...]

May 9 2014, 10:47 am | Posted in Investment Relations | Read More »

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