Bank of Surge protection device Ningbo approved to set up Suzhou branch
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Bank of Ningbo approved to set up Suzhou branchPublished: 04 Dec 2008 02:10:50 PSTDec. 4, 2008 (China Knowledge) – Bank of Ningbo<002142>, formerly known as Ningbo City Commercial Bank, has won approval from the China Banking Regulatory Commission (CBRC) to set up a branch in Suzhou, south of Jiangsu Province, according to market sources.The medium-sized city commercial lender has already set up its branches in Shanghai, Hangzhou and Nanjing outside its headquarters and has won approval to set up a branch in Shenzhen in November.The Ningbo Bureau of Finance and Singapore-based OCBC Bank are the two largest shareholders of the city-level lender, with 10.8% and 10% stake respectively.Shares of the bank rose 3.99% to close at RMB 7.30 on Wednesday.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News烘箱 深圳福田搬家公司 FAX DM kitchen cabinets on sale 苏州货运公司 ショッピング枠 現金化 kitchen cabinetry 振动盘 超声波清洗机

Hon Hai garbage bag posts NT$162.13 bln in unconsolidated revenue for Oct
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Hon Hai posts NT$162.13 bln in unconsolidated revenue for OctPublished: 11 Nov 2009 17:50:38 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 12, 2009 (China Knowledge) – Taiwan-based Hon Hai Precision Industry Co, the biggest contract manufacturer of electronics in the world, on Tuesday posted NT$162.13 billion of unconsolidated revenue in October, which represents an 11-month high, sources reported.Unconsolidated revenue grew 8.49% from a month earlier in October. The firm’s unconsolidated revenue was NT$1.14 trillion in the first ten months of this year, down 6.24% year on year.Edmund Ding, a spokesman for Hon Hai, attributed the revenue growth in October to shipments of PCs and consumer electronics products during the period.Ding did not give a forecast for the firm’s annual performance but pointed out that upstream enterprises will impact the firm’s annual revenue.Hon Hai recorded nearly NT$18.31 billion of after-tax net profit in the third quarter of this year, with earnings per share standing at NT$2.13. After-tax net profit in the first three quarters reached NT$46.68 billion.Copyright © 2009 http://www.chinaknowledge.com实验室家具 工作流 混合机 激光雕刻机 苏州超声波清洗设备 OA系统 喷丝板 外汇交易 超声波

Air Chin coin sorter a Opens Beijing-Liuzhou Nonstop Route
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Air China Opens Beijing-Liuzhou Nonstop RoutePublished: 29 Oct 2008 21:39:32 PSTAir China has announced that it has opened a new nonstop route between Beijing and Liuzhou.There is one flight a day on the new route. The flight starts from Beijing at 11:20, and arrives at Liuzhou at 14:40; the return flight departs from Liuzhou at 15:30, arriving at Beijing at 18:20.Air China operates 243 routes throughout 28 countries and areas, including 69 international, six regional, and 168 domestic routes; and it provides more than 6,000 weekly flights. Through Air China’s hub airport in Beijing, passengers can travel to 81 destinations around China, and 42 destinations in other countries and areas.电磁流量计 Share trading online cabinets 現金化 比較 乳化机 办公室装修 热处理设备 キャバクラ 京都 Asian Escort london

Linktone Youth Jerseys Q3 turnover rises to US$20.3 mln
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Linktone Q3 turnover rises to US$20.3 mlnPublished: 03 Dec 2008 01:36:34 PSTDec. 3, 2008 (China Knowledge) – Nasdaq-listed Linktone<LTON>, a Shanghai-based provider of interactive entertainment products and services, said its revenue for the third quarter this year rose to US$20.3 million from US$13.3 million recorded in the same period of 2007, sources reported.However, the company forecast the gross revenue of fourth quarter this year will fall to about US$16.5 million to US$17.5 million due to the reduction of the advertising revenue. Linktone achieved revenue of US$3.7 million from its advertising service business, accounting 18% of the total in the third quarter, lower than the 24% or US$4.6 million for the second quarter of 2008 because of the termination of partnership agreements with QSTV.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News电磁流量计 香港花店 in stock kitchen cabinets 弹簧 乳化机 厂房装修 passenger elevator 現金化 bldc motor

Shanghai cast steel valve Waigaoqiao to raise up to RMB 2.8 bln
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Shanghai Waigaoqiao to raise up to RMB 2.8 blnPublished: 29 Sep 2009 00:11:32 PSTTop 5 News From ChinaKnowledge.comShanda Games raises US$1.04 bln from US IPOSuning to become sole seller of Whirlpool products in ChinaShangri-la wins Asia-Pacific’s Best Business Hotel BrandVMS Capital buys 85 mln shares of Jackin InternationalAirbus to further cooperate with China’s aviation industrySep. 29, 2009 (China Knowledge) – Shanghai Waigaoqiao Free Trade Zone<600648> yesterday announced that it plans to issue between 100 million and 200 million shares for RMB 14.04 per share or up to RMB 2.8 billion in total, sources reported.The real estate developer will spend RMB 1.44 billion of the proceeds from the issuance on infrastructure for an international community in Shanghai called Sunpark. The remaining funds will be used to build factories and workshops, repay bank loans and replenish working capital. The Shanghai-listed company intends to build two artificial lakes for Sunpark. One will have an area of 32.3 hectares and the other will have an area of 15.9 hectares. Sunpark, which will cover a land area of 5.74 square kilometers, will be the fourth-largest international community in Shanghai. Yanlord Land Group recently won the bid for four pieces of land in the southern area of Sunpark for a total of RMB 2.61 billion. Reportedly, Shanghai Waigaoqiao Free Trade Zone yesterday issued RMB 400 million in 365-day bills. Shanghai Brilliance Credit Rating & Investors Service Co Ltd rated the issuer and notes AA and A-1 respectively. Bank of China<601988><3988> was the major underwriter for the issuance.Copyright © 2009 http://www.chinaknowledge.com门禁 lithium polymer dental bearings 弹簧 电炉 深圳厂房装修 被リンク passenger elevator 离心风机

GCL-Poly wood dowel pins Energy’s silicon output triples in Q3
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GCL-Poly Energy’s silicon output triples in Q3Published: 08 Nov 2009 19:31:42 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 9, 2009 (China Knowledge) – GCL-Poly Energy Holdings Ltd<3800>, one of the leading green energy suppliers in China, produced 1,993 tons of polycrystalline silicon in the third quarter of this year, more than triple its output in the same quarter of last year 68.9% more than its output in the second quarter, which was 1,180 tons, sources reported. The Hong Kong-listed firm’s polycrystalline silicon output reached 4,266 tons in the first three quarters of this year, whereas it produced 1,266 tons in the same period of last year. Chief Operating Officer and Executive Director Shu Hua said that the company plans to invest RMB 600 million to build a solar power plant in Xuzhou, Jiangsu Province with a designed capacity of 20 megawatts per year. The plant will be put into operation at the end of this year. Reportedly, a Jiangsu-based subsidiary of GCL-Poly Energy started construction on a polycrystalline silicon wafer project in August. It will have an annual production capacity of 2 gigawatts by the end of next year, according to Lv Jinbiao, vice general manager of the subsidiary. The subsidiary aims to produce 21,000 tons of polycrystalline silicon wafers next year. The cost of production is currently US$35 per kilogram, which is expected to fall to US$30 per kg at the end of this year. The subsidiary reaped RMB 3.5 billion in sales of multi-crystal silicon wafers last year, and its gross profits totaled more than RMB 2 billion, Lv added.Copyright © 2009 http://www.chinaknowledge.com门禁 Superannuation カード 現金化 比較 washing machine spare parts air conditioner motor 深圳装饰公司 テレホンセックス 纯水设备 外汇保证金

China to brazed plate heat exchanger cut stamp tax on share trading-official
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China to cut stamp tax on share trading-officialPublished: 03 Mar 2009 22:15:55 PST BEIJING, March 4 – China will reduce the 0.1percent stamp tax it levies on share trading, parliamentaryspokesman Li Zhaoxing said on Wednesday. Speaking at a news conference, Li said China would continueto apply the tax only to the sale of shares. ”We will lower the stamp duty rate on securities trading andimplement a one-way collection system,” Li said. He did not say what the new rate would be. China lowered the duty to 0.1 percent from 0.3 percent lastApril and exempted share purchases from the tax in September. On both occasions the actions were aimed at propping upsagging share prices. lipo battery monolithic refractories 风机 クレジットカード ショッピング 現金化 クレジットカード 現金化 口コミ car sun shades ツーショットダイヤル 短信群发 kitchen accessories

China vo PLC splitter ws to curb aluminum smelting
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China vows to curb aluminum smeltingPublished: 04 Oct 2009 17:10:12 PSTTop 5 News From ChinaKnowledge.comGlorious Property tumbles 14.8% on HK debutGiant Interactive sees Q3 revenue down 20%-25%Greenland Group buys land in Shanghai for RMB 7.25 blnCOSCO operates container terminals in GreecePowerlong Real Estate lowers IPO priceOct. 5, 2009 (China Knowledge) – The State Council of China has announced a three-year ban on new smelters in the aluminum industry in an attempt to consolidate the industry, sources reported.By limiting production, the State Council hopes both to increase efficiency, a key issue in an industry that requires huge amounts of electricity, and avoid oversupply and competition, which would drive down prices and profits.These measures are part of an ongoing national program intended to curb industrial overcapacity in industries that include wind power equipment and silicon as well as steel and cement, which also consume large amounts of energy.China is the world’s largest producer of aluminum as well as the world’s largest consumer of aluminum.Copyright © 2009 http://www.chinaknowledge.com净化工程 激光打标机 上海翻译公司 換金 减速机 冷热冲击试验机 kitchen cabinets online ショッピング枠現金化 bathroom vanities

Airbus s Children playground equipment tarts construction on Harbin plant
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Airbus starts construction on Harbin plantPublished: 30 Jun 2009 20:03:11 PSTTop 5 News From ChinaKnowledge.comChina to build 7 wind power bases by 2020China Mobile invests another US$500 mln in PakistanCapital Research and Management raises stake in China TelecomProperty firms acquire 8 land parcels in Beijing in 2 daysFMR cuts shareholding in ZTE to 7.98%Jul. 1, 2009 (China Knowledge) – Airbus SAS on Tuesday began building a new plant in Harbin, an industrial city in Heilongjiang Province, as part of plan to provide 5% of the A350 XWB frames in China, the China Daily reported.The new plant, which is called Harbin Hafei Airbus Composite Manufacturing Center Co Ltd, covers an area of more than 30,000 square meters and may start operation by the end of 2010. It will create 1,000 jobs.Airbus holds a 20% stake in the company. Harbin Aircraft Industry Group Co Ltd holds a 50% stake and Hafei Aviation Industry Co Ltd, Avichina Industry & Technology Co Ltd and Harbin Development Zone Heli Infrastructure Development Co Ltd each hold a 10% stake.The joint venture plant will produce components and assemble composite work-packages for the A350 XWB and A320 families and for future Airbus programs, said Laurence Barron, president of Airbus China, adding that the JV will be an exclusive supplier.Airbus aims to double its industrial procurement value from China to US$200 million by next year and to increase it to US$500 million by 2015.Airbus is considering working with industrial partners to establish a plant in Chengdu to produce components for its A350 XWB plane and is also considering setting up a logistics center in Tianjin, said the president.Airbus last week delivered its first China-made A320 aircraft, which was assembled at the Tianjin assembly line, the first Airbus final assembly line outside Europe.Copyright © 2009 http://www.chinaknowledge.comクレジットカード現金化 launch x431 diagun 北京翻译公司 lithium battery 喷嘴 キャバクラ 求人 深圳装饰公司 ショッピング枠　現金化 kitchen cabinets

Hang Sen bottine à talon g Index up 1.71% on Fri
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Hang Seng Index up 1.71% on FriPublished: 23 Oct 2009 00:52:53 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketOct. 23, 2009 (China Knowledge) – Hong Kong stocks rose on Friday. The Hang Seng Index, the benchmark, opened 228 points higher at 22,438. After touching the intraday low of 22,407.4 points, the blue-chip Hang Seng Index rose 379.21 points or 1.71% to close at 22,589.73.Mainboard turnover rose to HK$76 billion. The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, swelled 356.09 points or 2.75% to 13,316.02 points. Market heavyweight HSBC Holdings Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng Index, increased 1.63% to HK$90.35. Good Friend International Holdings Inc<2398> surged 19.37% to HK$1.91. BYD Co Ltd<1211> increased 2.27% to HK$85.5 after Barclays Bank Plc bought 32.33 million shares in the auto giant for HK$2.63 billion in total or HK$78.15 per share, bringing its shareholding to 5.41% from the previous 1.33%. Other auto stocks ended mixed. Denway Motors Ltd<0203> rose 3.23% to HK$3.83. Great Wall Motor Co Ltd<2333> swelled 4.29% to HK$8.27. Dongfeng Motor Group Co Ltd<0489> increased 6.97% to HK$9.98. Sinotruk (Hong Kong) Ltd<3808> decreased 1.13% to HK$9.66. China Motor Bus Co Ltd<0026> ended flat at HK$58.85.Stocks of gold firms also gained. Zijin Mining Group Co Ltd<601899><2899> increased 1.73% to HK$8.23. Zhaojin Mining Industry Co Ltd<1818> swelled 3.33% to HK$14.26. Sino Gold Mining Ltd<1862> swelled 1.03% to HK$49. Lingbao Gold Co Ltd<3330> ended flat at HK$2.98.Copyright © 2009 http://www.chinaknowledge.com老房子 autoboss V30 风机 lithium battery 除湿机 キャバクラ 求人 OA 除湿机 FX 比較

Pudong D iped m16 ev’t Bank to raise more funds
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Pudong Dev’t Bank to raise more fundsPublished: 13 Apr 2009 00:09:40 PSTApr. 13, 2009 (China Knowledge) – Shanghai Pudong Development Bank<600000>, a medium-sized Chinese lender, intends to raise as much as RMB 30 billion (US$4.4 billion) through sales of shares and bonds to boost its core capital and capital adequacy ratio, according to the bank’s statement on Friday.The Shanghai-based lender said that it will sell as much as RMB 15 billion in a private share placement with institutional investors, and will also issue up to RMB 15 billion in subordinated debts.However, the bank said the fund-raising plans are still subject to shareholders’ approval.The Shanghai-based lender, partly held by Citigroup Inc, reported on Friday its net profit rose 127.6% year on year to RMB12.5 billion in 2008. Its non-performing loan (NPL) ratio dropped to 1.21% at the end of 2008.Last year, the bank expanded its network by 20% in the country, with the number of employees increasing 16%.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newsrta kitchen cabinets surge arrester 超声波清洗机 深圳南山搬家公司 港澳游 深圳搬家 テレクラ XP系统下载 FX 初心者

Zijin Mi alternative wedding dresses ning to buy 37.5% stake in Wancheng Commercial
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Zijin Mining to buy 37.5% stake in Wancheng CommercialPublished: 16 Nov 2009 21:52:11 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 17, 2009 (China Knowledge) – Zijin Mining Group Co<601899><2899>, China’s largest gold producer, is planning to purchase an additional 37.5% stake in Wancheng Commercial Dongshengmiao Co, a China-based metal miner and processor, sources reported.Zijin Mining said in a statement that it will pay RMB 105 million in total for the stake from three shareholders. It will buy a 15% stake from Gansu Jinhui Wine Group Co, a 12.5% stake from Gansu Yate Investment Group Co, and a 10% stake from Hainan Baohui Investment Co. Upon the completion of the deal, Zijin Mining’s stake in Wancheng Commercial will increase to 47.5% from 10%.After the deal, Hainan Qianjinda will still be the largest shareholder of Wancheng Commercial with the remaining 52.5% stake.Zijin Mining said the deal will complement its zinc refinery facilities in Inner Mongolia. Last month, Zijin Mining acquired the remaining 50% stake in copper producer Zijin Copper Co for RMB 104 million. Zijin Copper, which was founded in March 2009, has a registered capital of RMB 1 billion. H shares of Zijin Mining rose 6.1% to close at HK$8.82 on Monday.Copyright © 2009 http://www.chinaknowledge.comready to assemble kitchen cabinets car sun shades 超声波 苏州货运 港澳游 furniture legs クレジットカード 現金化 口コミ 苏州螺杆冷水机 refractories castable

Chinese mlb jerseys airlines reviewing aircraft deliveries -CAAC
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Chinese airlines reviewing aircraft deliveries -CAACPublished: 03 Mar 2009 22:14:23 PST BEIJING, March 4 – The head of the Civil AviationAdministration of China said on Wednesday that Chinese airlineswould respect signed contracts for aircraft orders but wouldnegotiate the timing of those deliveries. Li Jiaxiang, CAAC’s director general, told reporters thatChinese airlines are reviewing their needs for new aircraftaccording to changing market conditions, and could also seek toalter the composition of orders to include more smaller aircraft. ($=6.84 yuan) cheap kitchen cabinets car sun shades 物流公司 深圳搬家公司 solid wood kitchen cabinets Rift gold 苏州物流公司 深圳装修公司 激光切割机

Yingli G Metallized Film reen Energy signs sales agreements with German firms
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Yingli Green Energy signs sales agreements with German firmsPublished: 26 Dec 2008 01:14:40 PSTDec. 24, 2008 (China Knowledge) – New York-listed Yingli Green Energy Holding Co Ltd<YGE>, one of the world’s largest vertically integrated photovoltaic (PV) product manufacturers in terms of yearly production capacity, announced that it has entered into sales agreements with City Solar Kraftwerke AG and Wirsol Deutschland GmbH, two Germany-based PV system integrators. Pursuant to the sales agreements, Yingli is expected to supply 20 MW and 15 MW of PV modules to City Solar and Wirsol in 2009, respectively.City Solar and Wirsol have the option to buy an additional 30 MW and 20 MW of Yingli modules next year, respectively. Wirsol is one of the leading German PV system specialists delivering solar-based solutions to both residential and commercial customers, while City Solar is one of the leading German developers and turnkey providers of large-scale PV power plants.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News老房子 冷热冲击试验箱 蝶阀 lithium battery panoramic elevator 冷热冲击试验机 深圳搬家公司 Aloe vera RTA cabinets

GM’s min FOAM MACHINE ivan JV in China sees sales up 32% in Jan, Feb
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GM’s minivan JV in China sees sales up 32% in Jan, FebPublished: 20 Mar 2009 00:48:22 PSTMar. 20, 2009 (China Knowledge) – SAIC-GM-Wuling Automobile, a joint venture between General Motors (GM), Shanghai Automotive Industry Corporation (SAIC) of China and Wuling Automobile Co Ltd, posted a sales growth of 32% in the first two months thanks to the tax-cuts on small vehicle purchases offered by the Chinese government, the China Daily reported on Friday, citing figures released by the China Association of Automobile Manufacturers (CAAM).The Chinese government cut taxes on vehicles with engines of 1.6 liters or less and it offered RMB 5 billion subsidies to boost the auto sales in rural areas. The JV sold 72,947 vehicles in February, representing a year-on-year growth of 50%.GM, the largest overseas auto maker in China, has raised its sales growth forecast in the country for 2009. It expects its car sales there to grow 5% to 10% as compared to previous less than 3%. It also expects SAIC-GM-Wuling Automobile, the largest minivan maker in China, to remain the biggest contributor to its sales growth.Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina Newsクレジットカード 現金化 冷热冲击试验箱 lithium polymer 过滤机 クレジット 現金化 クレジットカード 現金化 口コミ 弹簧 Aloe vera 深圳装修公司

Jingneng designer wedding dresses Thermal Power to invest in Inner Mongolia wind power project
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Jingneng Thermal Power to invest in Inner Mongolia wind power projectPublished: 20 Sep 2009 21:47:37 PSTTop 5 News From ChinaKnowledge.comBYD aims to be China’s No. 1 auto makerHang Seng Index opens 48 points lower on MonJingneng Thermal Power to invest in Inner Mongolia wind power projectSinopharm raises HK$8.73 bln via HK IPOCNPC HK agrees to buy into China Oil & GasSep. 21, 2009 (China Knowledge) – Beijing Jingneng Thermal Power Co<600578> plans to invest RMB 294 million in a wind power project in Huolin Gol, Inner Mongolia Autonomous Region, sources reported.The company said in a statement filed with the Shanghai Stock Exchange that the investment in the Huolin Gol Wind Power Project Phase II will be funded by the company’s internal sources and is expected to help the company further expand into the clean energy sector and enhance its profitability.Meanwhile, Jingneng Thermal Power acquired 100% equity interest of a power firm in Bairin Right Banner, Chifeng, Inner Mongolia, for RMB 3 million. The Bairin power plant has a designed capacity of 100MW, with 22 power generators to be installed for the first phase.Reportedly, Jingneng Thermal Power raised RMB 170 million by selling 30% equity interest in two subsidiaries due to poor business performance.Copyright © 2009 http://www.chinaknowledge.com风机箱 除湿机 lithium polymer 外匯買賣 弹簧 自清洗过滤器 芦荟 滤油机 外汇保证金交易

Chinese Wholesale Dog Clothes stocks down 1.24% at mid-day
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Chinese stocks down 1.24% at mid-dayPublished: 20 Apr 2009 20:18:04 PSTApr. 21, 2009 (China Knowledge) – Chinese stocks ended lower in the morning trading session on Tuesday, dragged down by bank shares.The Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, declined 1.24% or 31.82 points to close at 2,525.64 points in the morning session.The Shenzhen Component Index on the smaller Shenzhen Stock Exchange lost 1.65% or 161.73 points to stand at 9,631.91 points.Market heavyweight PetroChina<601857><857><PTR>, the nation’s top oil producer, edged down 0.92% to close at RMB 11.82, while Asia’s largest oil refiner, Sinopec<600028><386><SNP>, edged up 0.90% to RMB 10.06. Bank shares led the downward trend in the morning trading session. Shenzhen Development Bank<000001> tumbled 2.54% to RMB 15.73. Shanghai Pudong Development Bank<600000> dropped 2.35% to RMB 22.01. China Merchants Bank<600036><3968> lost 2.14% to RMB 16.00. China Minsheng Banking Corp Ltd<600016> dropped 1.86% to RMB 5.80. Securities were among the decliners. Changjiang Securities Co Ltd<000783> slid 5.04% to RMB 15.65. Sinolink Securities Co Ltd<600109>dropped 2.56% to RMB 41.90. Guoyuan Securities Co Ltd<000728> declined 4.00% to RMB 17.28. CITIC Securities Co Ltd<600030> lost 3.46% to RMB 26.20. Haitong Securities Co Ltd<600837> decreased 3.48% to RMB 13.58. Property shares were also weak. Gemdale Corp<600383> slid 3.02% to RMB 11.56. Poly Real Estate Group Co Ltd<600048> lost 1.11% to RMB 24.06. China Vanke Co Ltd<000002><200002> went down 1.64% to RMB 8.40. COFCO Property (Group) Co Ltd<000031> declined 1.75% to RMB 7.30. Copyright © 2009 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina NewsCFD Rift platinum 弹簧 外匯買賣 oa办公系统 elevator manufacturer miniature bearings 外国為替 联轴器

Volkswag swing check valve en’s China sales hit record high of 652,222 units in H1
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Volkswagen’s China sales hit record high of 652,222 units in H1Published: 13 Jul 2009 21:55:16 PSTTop 5 News From ChinaKnowledge.comBYD to buy Hunan bus maker for green vehiclesNew GM sets up international base in ShanghaiGrandbuy to start western expansion in ChengduIran seeks China investment in refining sectorHang Seng Index opens 377 points higher on TueJul. 14, 2009 (China Knowledge) – Volkswagen AG, world’s third-largest auto maker, said on Monday that its vehicle sales in China and Hong Kong in the first half of year rose 22.7% year on year to a record 652,222 units, Reuters reported.Volkswagen said in a statement that it and its two Chinese joint ventures (JVs) have sold 538,969 cars under the Volkswagen brand. Sales of Audi and Skoda, two brands that are made in China, rose 11% and 46.2% year on year to 66,866 units and 46,144 units, respectively. China is currently the spotlight in the global automotive market, said Volkswagen China President Winfiried Vahland, adding that the company’s vehicles sales have grown along with the Chinese auto market, which was boosted by successful government incentives.Volkswagen said on Monday that its JVs in China will start producing the all-new Volkswagen Golf in 2009 to meet rising demand. In addition, as part of its expansion plan, the auto maker will also begin manufacturing two SUVs in China this year, with support from its plants in eastern Nanjing and western Chengdu.In May, Volkswagen formed a partnership with China’s BYD Co<1211> to jointly develop hybrid and electric vehicles powered by lithium-ion batteries, becoming its first industrial partner. Copyright © 2009 http://www.chinaknowledge.comCFD MBA カード 現金化 比較 工作流 深圳装修 china elevator 搅拌机 搅拌机 管理咨询

China Ja vetement en ligne pas cher n new loans at record 1.2 trln yuan(Corrects)
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China Jan new loans at record 1.2 trln yuan(Corrects)Published: 03 Feb 2009 19:02:01 PSTAuthor: Lu Jianxin,Ken Wills(Corrects yuan lending figure from billion to trillion in first paragraph)(Adds details, background)SHANGHAI, Feb 4 (Reuters) – Chinese banks are estimated to have extended a monthly record of 1.2 trillion yuan ($175 billion) in new loans in January in response to a government appeal to lend more to help curb a slowdown in the world’s third-largest economy, the China Securities Journal reported on Wednesday.But a separate report in the Shanghai Securities News warned that fresh lending also increases the risk of more bad loans.The lending forecast, up from 804 billion yuan in January 2008 and 772 billion yuan in December, provided further signs of Beijing’s stimulus policy aimed at offsetting the impact of a slump in foreign trade.China’s central bank governor Zhou Xiaochuan said in remarks published on Wednesday that the country’s economic stimulus policy had had initial positive outcome, though the country still needs to monitor the overall economic situation.”China’s appropriately easy monetary policy began to play a positive role in the fourth quarter of last year, though historically speaking, January is always a peak month for bank lending,” he said in a commentary published in the Financial News, the central bank’s mouthpiece.”But large-scale credit is not sustainable and could create risks for non-performing loans,” the commentary stated, adding that the impact of lending on the quality of banks’ assets typically lag by two or three years.The media reports came after Chinese Premier Wen Jiabao said during a visit to Europe that he saw signs of economic recovery, and that a monthly record of 900 billion yuan in aggregate loans had been added to the economy during the first 20 days of January. [ID:nL168520]The China Securities Journal said the country’s Big Four state-owned banks, including the Industrial and Commercial Bank of China (ICBC) <601398.SS><1398.HK> and China Construction Bank (CCB) <0939.HK><601939.SS>, had already achieved 20 percent of their annual new lending target for 2009.By Feb. 3, ICBC had extended more than 200 billion yuan in new loans so far this year and CCB had offered over 250 billion yuan. The other two, Bank of China <601988.SS> <3988.HK> and the Agricultural Bank of China, each lent about 100 billion yuan, the daily said.”Major banks have automatically concentrated their new lending in railways, electricity grids, expressways and local infrastructure projects,” it said.”That has helped reinforce an industrial concentration,” the daily said, despite repeated government appeals for banks to lend more to small and medium-sized companies.State media reported on Tuesday that China was set to spend 130 billion yuan in the second tranche of its stimulus package to boost demand in the faltering economy after Beijing announced a 4 trillion yuan stimulus package late last year.China’s economic growth slumped to 6.8 percent last quarter, dragging down the pace of expansion for all of 2008 to a seven-year low of 9.0 percent.Growth may slow further to 6.5 percent or less this quarter despite signs that the stimulus is working. ($1=6.8403 Yuan) 过滤器 kitchen cabinets wholesale kitchen cabinets for sale 工作流 弹簧 現金化 ビジネスローン skateboard bearings refractories china