POLICY

NW China's Shaanxi eyes forefront of NEV market this year

Shaanxi province will go all out to enter the first camp in terms of new-energy vehicle sales this year.

Land transfer reduces but value grows by 570 bln yuan in 2016

China's land transfer reduced by 13,100 hectares last year, but the contract value jumped by roughly 575.9 billion yuan to 3.56 trillion yuan. 

China's Ten-Thousand Talents Program begins master teachers selection

China's drive to nurture world-class scientists, the Ten-Thousand Talents Program has begun this year's selection of master teachers.

Cities in Beijing-Tianjin-Hebei region to limit steel output in heating season

Cities in the Beijing-Tianjin-Hebei region that reported air quality index above 500 consecutively last winter will be required to limit steel output by 50 percent during this year's heating season.

Online lending information intermediaries urged to introduce powerful shareholders

Online lending information intermediary institutions in Guangdong will be encouraged to introduce powerful shareholders and raise registered or contributed capital to over 50 million yuan.

Vietnam customs only charge Chinese tourists tips? Vietnam's MoFC responds

Vietnam's MoFC is currently investigating the case that a Chinese tourist was beaten by Vietnamese border officials for refusing to offer a tip.

National panda park planned in Sichuan, Shaanxi, Gansu

A national panda park will be built in the provinces of Sichuan, Shaanxi, and Gansu, according to the recent pilot program for the national panda park system.

MARKETS

Rose prices skyrocket for Valentine’s Day

As Valentines' Day is approaching, rose prices skyrocketed in recent days.

How agents respond to Facebook's move to suspend ads for 20 Chinese apps?

On February 8, Facebook issued a ban to its advertising agencies, asking them to suspend all advertisements for Chinese utility apps focusing on smartphone clean-up, memory reclamation, and battery optimization.

Luxury cigarettes staging a comeback

Workers of China Tobaco (Beijing) reminded citizens that they can report the irregularities if the license number on each carton are not identical with that held by tobacco retailers.

Summitview Capital Management Limited denies involvement in Yin's fraud

Shaohua (Michael) Yin had resigned from Summitview Capital Management Ltd. on February 8 for personal reasons.

China Stocks Watch: A-shares closed lower Wednesday

I still hold that the market will not go down all the time. So don't panic if you missed the trading opportunity at the highest price yesterday.

 

COMPANIES

Laoganma's shareholder change comes under spotlight

Tao Huabi, founder of Guiyang Nanming Laoganma Food Co. Ltd., is found no longer shareholder of the company as of June 27, 2014, while she still acts as Chairperson of the flavor food giant.

Xiaomi makes smartphone in Indonesia

Chinese smartphone producer Xiaomi will sell in Indonesia mobile phones manufactured locally from 2017, an attempt considered beneficial for the company expanding the local market.

Longwei unsuccessful to control Wanjia following supplementary agreement

Wanjia Culture is scheduled to transfer 32 million shares of its stock to Tibet Longwei Culture & Media, a deal worth 529.28 million yuan (76.93 million US dollars), according to a supplementary agreement including amendments on their original plan.

China's proprietary car brands rush to overseas markets

China's proprietary auto brands, including JAC, Geely, and Chery, are seeking to expand their footprints overseas.

Changan expects to sell 3.3 mln vehicles this year

Changan Automobile Company Limited aims to produce and sell more than 3.3 million vehicles this year, according to the company's statement released Wednesday.

Bosideng exits UK market

China's leading clothing group Bosideng is to exit the UK market, after operating for over 4 years in the country.

Five Chinese-made SUVs outsell Volkswagen Tiguan in Jan.

Five Chinese-made SUVs outsold their Volkswagen counterpart in China in January.

 

INVESTMENT

Gwadar Port, a new strait of Malacca

The Gwadar port, once a small wharf in the southern coast of Pakistan, is now where China-Pakistan Economic Corridor meets the Indian ocean.

2017 CGCC Forum kicks off

The 2017 CGCC Forum, organized by the Chinese General Chamber of Commerce, was held on Monday in Hong Kong, China.

Chinese companies invest record high in India last year

Data shows in 2016, China's investment toward India reached 1.06 billion US dollars, 6 times more than in 2015.

Chinese Billionaires who do not hold bachelor degrees

The 100 listed Chinese billionaires, all without bachelor degrees, are sitting on an average fortune of 14.9 billion yuan (2.17 billion US dollars).

China's ODI dropped to $7.78 bln

Investing in 983 overseas companies in 108 countries and regions, the Chinese companies have paid special attention to the real economy and emerging industries.

 

CHENGDU OPENING UP

Wenjiang welcomes Lantern Festival with folk performances

Traditional folk performances were held in Chengdu’s Wenjiang district on Feb 11 to celebrate the Lantern Festival.

Chengdu offers more bounty to science and technology talents

Southwest China's Chengdu is to award more bounty for science and technology achievements, following the amendments over previous award scheme, according to Chengdu Science and Technology Bureau Tuesday.

Stanford plus Silicon Valley model commences in Chengdu

The initiative based on "Stanford plus Silicon Valley" model, by Chengdu Hi-tech Industrial Development Zone and University of Electronic Science and Technology of China, in Southwest China's Chengdu, commences operation Wednesday.

 

Email: lijia@nbd.com.cn