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Reserve Requirement Ratios Cut to Support Smaller Companies

Reserve Requirement Ratios Cut to Support Smaller Companies

The Chinese central bank has released details about the reserve requirement ratios that was cut by the State Council during the end of May in order to support smaller companies along with the nation’s agricultural industry. Several bank reserve ratios have fallen by 0.5 percentage points starting June 16, and the reduction applies to about [...]

Jun 10 2014, 7:34 am | Posted in Finance | Read More »

Huawei Gets Contract to Supply Russian Company with Telecommunications Equipment

Huawei Gets Contract to Supply Russian Company with Telecommunications Equipment

Megafon , Russia’s second biggest mobile phone operator has extended its cooperation with their key supplier Huawei as the two companies have signed a new seven year supply contract. The new deal is said to be at billions of rubles for the supply of equipment for the modernization and construction of the company’s 2G, 3g [...]

Jun 9 2014, 9:36 am | Posted in Investment Relations | Read More »

Shenzhen Hits Quota in it’s First Carbon Exchange Auction Program

Shenzhen Hits Quota in it's First Carbon Exchange Auction Program

Last Friday, Shenzhen became the third city in China to have a carbon exchange auction after Beijing and Shanghai. The auction was launched online on the Shenzhen Carbon Trade Exchange website and saw a total of more than 74,000 of carbon quotas sold for 2.65 million yuan. There were 94 local enterprises under the carbon [...]

Jun 9 2014, 8:40 am | Posted in Finance | Read More »

New Import Duties Imposed on Chinese Made Solar Panels

New Import Duties Imposed on Chinese Made Solar Panels

Late last Tuesday the commerce department in the United States has slapped new import duties on solar panels and other related products that are coming from China, ruling that these solar panels were used using subsidies from the Chinese government which further placed stress on the trade tensions happening to the two countries. The German [...]

Jun 6 2014, 10:37 am | Posted in Import/Export | Read More »

SMEs to Expand Financial Channels during the 16th China Hi-Tech Fair

SMEs to Expand Financial Channels during the 16th China Hi-Tech Fair

For the upcoming 16th China High Tech Fair, small and medium enterprises that have innovative technologies are expected to expand its financial channels in hopes to win support from foreign and domestic investors. The six day fair will incorporate exhibitions ranging from cutting edge technologies, high tech forums and meets of high ranking individuals coming [...]

Jun 6 2014, 9:40 am | Posted in Finance | Read More »

Plans to Implement Joint Property Ownership to be Released by the End of the Month

Plans to Implement Joint Property Ownership to be Released by the End of the Month

Before the month ends the city will be releasing a plan that will implement a joint property ownership policy starting with an affordable housing project that will start in the second half of this year. The joint property ownership means that government, enterprises and home buyers will each have a stake in possessing a given [...]

Jun 6 2014, 8:45 am | Posted in Intellectual Property | Read More »

Small and Medium Enterprises Using Robotics to Cut Costs and Battle Labor Shortage

Small and Medium Enterprises Using Robotics to Cut Costs and Battle Labor Shortage

Based on the report released by the Shenzhen Robotics Association the annual output of the automation and robotics industry in Shenzhen has exceeded its target of 20 billion yuan as of last year. Bi Yalei the Secretary General of the association stated that the robot usage rate of several enterprises in the Pearl River Delta [...]

Jun 6 2014, 7:33 am | Posted in Investment Relations | Read More »

City to Turn More Locations in Model Areas for Garbage Reduction and Classification

City to Turn More Locations in Model Areas for Garbage Reduction and Classification

According to the city urban management bureau the city is planning to turn 500 locations into model areas for garbage classification and reduction this year. These areas consists on mainly work places of government departments, State owned enterprises and public institutions. Government department will include the disciplinary inspection commission, the municipal general office and the [...]

Jun 4 2014, 8:34 am | Posted in Quality Control | Read More »

Yuan Loans Market to Revive Chinese Currency as Pilot Programs are Introduced

Yuan Loans Market to Revive Chinese Currency as Pilot Programs are Introduced

The yuan loans market in Hong Kong is planning to revive the Chinese currency that is trapped in what experts say the longest downtrend since 2005 revaluation and while the mainland rolls out pilot programs that is said to boost cross border lending activities. While corporate avoided yuan loans, the redbacks slowly appreciated for years [...]

Jun 3 2014, 10:47 am | Posted in Investment Relations | Read More »

Alibaba Plans to Buy Stakes in Advertising App Firm

Alibaba Plans to Buy Stakes in Advertising App Firm

Alibaba Group Holding Ltd. is one of several companies that are in discussion in buying a stake in the U.S. based advertising technology firm AppNexus. Sources that are familiar with the subject say that the talks are already in the advance stage but still no confirmation if they meet will result in an investment. Last [...]

Jun 3 2014, 9:40 am | Posted in Investment Relations | Read More »

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