Category Archives: China

NDRC to propose plan on construction of global logistics channel

NDRC to propose plan on construction of global logistics channel

BEIJING, June 19 (Greenpost) – China’s top economic planner – the National Development and Reform Commission (NDRC) said on its website on Friday that it intended to come up with a plan on constructing the grand global logistics channel to solve the major problems troubling Chinese companies.

NDRC made the decision at a recent symposium which China Railway Corp. China Petrochemical Corp (Sinopec Group), China Merchants Group, SinoTrans&CSC Holdings Co., Ltd., COSCO Group, China Post Group, and S.F. Express and China Federation of Logistics & Purchasing were asked to attend to report their progresses and difficulties in “going global” in logistics sector and give suggestions for constructing the global logistics channel.

The NDRC said it would propose a feasible plan on this regard after further study of advices from these businesses. (Edited by Duan Jing, duanjing@xinhua.org)

 

China’s software sector presents new features

China’s software sector presents new features

DALIAN, June 19 (Greenpost) – China’s software industry has exhibited new trends and features alongside the rapidly developing global software and information services market, according to a report released on China International Software and Information Service Forum 2015 held here Friday.

In 2014, the country’s software export continued to rise at a fast pace and industrial structure was further optimized together with service taking up a steadily rising proportion in the entire software sector.

Meanwhile, software developers revealed an eye-catching profitability when labor costs rose constantly.

Besides, software business in central and west China saw faster revenue growth than in other places of China. (Edited by Duan Jing, duanjing@xinhua.org)

Source Xinhua

Editor  Xuefei Chen Axelsson

China’s first standards for civil unmanned aerial vehicles unveiled

China’s first standards for civil unmanned aerial vehicles unveiled

BEIJING, June 19 (Greenpost) — A group of 17 research institutes and enterprises founded an alliance for technical innovation of unmanned aerial vehicle industry in Shenzhen on Thursday, during which a set of civil unmanned aerial vehicle standards, the first of its kind in China, was released, according to a report by Nanfang Daily.

Civil unmanned aerial vehicles will be increasingly in line with the country’s relevant policies in terms of design, production, manufacturing and application after the release of the standards.

Analysts from Guangzheng Hang Seng Securities hold that the civil unmanned aerial vehicle market is at an ascending channel with a market of over 100-billion yuan to be tapped, and the introduction of the standards will help boost the market.

Source Xinhua

Editor  Xuefei Chen Axelsson

MOA posts guideline to develop markets in farm produce’s production places

MOA posts guideline to develop markets in farm produce’s production places

BEIJING, June 19 (Greenpost) – China’s Ministry of Agriculture (MOA) publicized Friday on its website a guideline to develop markets in the production places of farm produce to boost modern agriculture.

The ministry proposed to build by 2020 a large number of marketplaces in advantageous production zones or production areas for characteristic agricultural products to directly serve farmers.

Under the objective, 30 nationwide production place-based markets, 300 regional markets alike and 1,000 field-based markets will be constructed to create a three-layer production place-based markets system for farm produce.

Essence Securities said in a recent report that the Internet is accelerating traditional agriculture’s transformation to modern agriculture and alongside popularization of the Internet in rural areas, E-commerce operators are predicted to hail a market of 460 billion yuan by 2016.

In the future, some stock investment opportunities may appear for related Chinese listed firms including Shenzhen Agricultural Products Co., Ltd. (000061.SZ), Kingenta Ecological Engineering Group Co., Ltd. (002470.SZ), Anhui Huilong Agricultural Means of Production Co., Ltd. (002556.SZ), and Zhejiang Netsun Co., Ltd. (002095.SZ), the broker said. (Edited by Duan Jing, duanjing@xinhua.org)

 

Across China: Shanghai FTZ to speed up customs clearance for imported products

Across China: Shanghai FTZ to speed up customs clearance for imported products

SHANGHAI, June 18 (Greenpost) — China’s border inspectors and customs authorities said Thursday that they will streamline clearance for products to be sold within the Shanghai free trade zone, the latest of a string of measures to encourage cross-border e-commerce to resuscitate tumbling trade growth.

The streamlined process would shorten the time between products’ arrival at the port to being put on the shelves in the FTZ by up to 80 percent.

China’s foreign trade growth came in way below the 7.5 percent target set for last year and latest official data also show trade slumping 7.8 percent during the first five months this year from the same period a year ago.

Speedier customs clearance is particularly important for farm produce, meat and fishery products as they have shorter shelf life and require more sophisticated and costlier storage to stay fresh.

Authorities also gave the greenlight on Thursday to allow companies in the FTZ to sell imported fresh products such as fruits and meat.

Imported seafood, wines, fruits and other fresh food sold at the store in Shanghai FTZ have been popular and were often sold out last year, as Chinese consumers are showing a growing appetite for what they see as quality products from countries like United States and Japan.

Authorities added that the speed of clearance will be based on the origin country’s quality safety record and the company’s quality control, meaning that importers with stringent quality control will move faster.

Shanghai customs will allow importers to deliver samples to be screened by air before the whole shipment arrives by sea, to shorten the time for clearance.

The process was used earlier this month to clear a batch of milk powder from Ireland, which was put on sale in the FTZ 11 days after reporting to customs, compared with 55 days before.

Cross-border sales have grown tenfold in the past four years in China to 20 billion dollars last year, according to research firm eMarketers. China’s Ministry of Commerce has predicted sales through cross-border e-commerce to hit 1 trillion next year and will eventually take up one fifth of the country’s total trade volume. Enditem

Source Xinhua

Xuefei Chen Axelsson

 

China creates open, fair atmosphere for regional trade

China creates open, fair atmosphere for regional trade

Stockholm, June 18 (Greenpost) — China always applies itself to create an open and fair environment for regional trade and investment, a Foreign Ministry spokesperson said on Thursday.

Spokesperson Lu Kang made the remarks after China and Australia signed a free trade agreement (FTA) on Wednesday after a decade of negotiations.

In early June, China and the Republic of Korea (ROK) also signed an FTA, another step to consolidate all-round cooperation.

“We are happy to see that our efforts have succeeded in removing obstacles and made steady progress, resulting in new achievement one after another,” Lu said.

Lu said Asia has become an important engine for global economic growth and will provide critical support to China’s development and prosperity.

The vast majority of countries in the region are more concerned about development, Lu said, noting that these countries want to expand cooperation. Enditem

Source Xinhua

Editor  Xuefei Chen Axelsson

Commentary: Suu Kyi’s China debut underscores common wish for better ties

Commentary: Suu Kyi’s China debut underscores common wish for better ties

Stockholm, June 10 (Xinhua) — Myanmar opposition leader Aung San Suu Kyi is set to start her first visit to China on Wednesday.

In the past few days since the Communist Party of China (CPC) announced Suu Kyi’s acceptance of an invitation to visit China, there has been some excitement among observers of China-Myanmar relations, and it is believed the debut trip underscores a common wish of the two nations to improve ties.

As is known to many, the CPC communicates not only with foreign political parties that adopt the same ideology, but also those with a different political vision.

The invitation extended to Suu Kyi is a proof that the CPC stands ready to engage with any political parties as long as they are willing to promote the sound development of relations with China.

Since 2010, the China-Myanmar relations have witnessed some disturbances, with several key cooperation projects, including a water dam and a copper mine, being brought to a standstill.

The two countries have made progress in addressing these undesired events and both sides have the will to keep things going that way. After all, neither side wants to ditch the friendship that has been there for decades in the face of a few challenges.

As an important politician in Myanmar, Suu Kyi must have a very thorough understanding of the special bond between the two countries, as shown by the famous comparison she drew: not like married couples who could always get a divorce if they do not get along, nothing can be done to change the fact that China and Myanmar are each other’s neighbor.

In its dealings with neighboring countries, China, as a regional economic powerhouse and vital facilitator for development, has adhered to the principles of mutual benefits and win-win cooperation.

China welcomes anyone with friendly intentions and it bears no grudge for past unpleasantness.

It is hoped the upcoming visit by Suu Kyi will enhance mutual understanding and promote cooperation and friendly relations between China and Myanmar.

There is also a reminder: China has no intention to interfere in Myanmar’s internal affairs, but is determined to protect its citizens from being caught in a war launched from the other side of the border.

Myanmar has to honor its commitment to safeguarding security and stability on the China-Myanmar border and do the utmost to avoid incidents such as stray bombs on Chinese soil. Enditem

 

China approves new infrastructure projects

Stockholm, June 10 (Greenpost) — China’s top economic planner announced Wednesday it has approved feasibility reports on seven new infrastructure projects, a sign of quickened fiscal spending to spur slowing growth.

The projects, including railways and airports, have combined investment of over 120 billion yuan (19.7 billion U.S. dollars), according to the website of the National Development and Reform Commission (NDRC).

The four airport projects are in the provinces of Hainan, Heilongjiang, and Xinjiang Uygur Autonomous Region. One railway project is planned in Guangxi Autonomous Region, and another will link Shangqiu-Hefei-Hangzhou.

The NDRC also approved an experiment base for China Academy of Civil Aviation Science and Technology Center for Aviation Safety Technology.

The projects will be funded by the central budget, local fiscal funds, and bank loans, according to the NDRC.

The government is looking to boost infrastructure investment to support faltering growth.

Earlier this year, railway construction was upgraded, including the raising of planned fixed-asset investment to 800 billion yuan, putting 7,000 km of new railways into operation and kicking off 64 new railway projects.

Economic growth slowed to 7 percent in the first quarter this year, down from 7.3 percent the previous quarter, fuelling speculation that further policy easing measures are on the horizon. Enditem

Source Xinhua

China releases draft environment tax law

China releases draft environment tax law

Stockholm, June 10 (Greenpost) — The State Council, China’s cabinet, on Tuesday released a draft law on environment tax for public opinion, which proposes levying tax on air- and water- borne pollutants, solid waste and noise.

The draft law was drawn up by the Finance Ministry, State Administration of Taxation and Ministry of Environmental Protection in a bid to promote an “energy saving, and environmentally friendly” industrial system, according to the Legislative Affairs Office of the State Council.

The draft law was submitted for review by the State Council last November and will be tabled at the top legislature should it be approved by the State Council. Enditem

Source Xinhua

China Inner Mongolia sets light rare-earth ore mining quota at 59,500t in 2015

China Inner Mongolia sets light rare-earth ore mining quota at 59,500t in 2015

Stockholm, June 10 (Greenpost) — North China’s Inner Mongolia Autonomous Region set mining quota of light rare earth ores in 2015 at 59,500 metric tons (tonnes), according to local department of land and resources on Wednesday.

Meanwhile, Inner Mongolia set the tungsten concentrate mining quota at 1,500 tonnes this year.

Earlier, China has set mining quota of rare earth ores in 2015 at 105,000 tonnes, unchanged from that in 2014, according to the Ministry of Land and Resources (MLR).

Of 105,000 tonnes of rare earth mining quota, the quota of medium-to-heavy rare-earth minerals amounted to 17,900 tonnes, while that of light rare-earth minerals stood at 87,100 tonnes, said the ministry.

The tungsten concentrate mining quota in the country was set at 91,300 tonnes in 2015, according to the ministry. (Edited by Hu Pingchao, hupingchao@xinhua.org)

Source Xinhua

China launches “Belt and Road” mining industry development fund

China launches “Belt and Road” mining industry development fund

Stockholm, June 10 (Greenpost) – China launched the first private equity fund for “Belt and Road” mineral resources and related industries in Beijing on Tuesday.

The “Belt and Road” mining industry development fund targets to raise 10 billion yuan before the end of this year.

The raised fund would be invested in quality mineral resource, infrastructures and related industrial chain projects in countries along the Silk Road economic belt, each with investment of no more than 200 million yuan. (Edited by Li Xiaohui, lixh@xinhua.org)

Source Xinhua

RMB23 bln invested in China’s shale gas E&P in 2009-2014

RMB23 bln invested in China’s shale gas E&P in 2009-2014

Stockholm, June 10 (Greenpost) – China had registered 23 billion yuan of accumulated investment in shale gas exploration and development between 2009 and 2014, according to the latest report by China Geological Survey with the Ministry of Land and Resources (MLR).

China had 54 shale gas blocks with a total area of 170,000 square km, and 780 shale gas wells had been drilled by the end of 2014, according to the report.

Shale gas developers reported near 500 billion cubic meters of shale gas geological reserves by the end of 2014, including 106.75 billion cubic meters of proven geological shale gas reserves by Sinopec Corporation.

By end-2014, China had 3.2 billion cubic meters of shale gas production capacity with accumulated shale gas output at 1.5 billion cubic meters and 1.3 billion cubic meters of shale gas output in 2014.

In 2015, the MLR would spend 680 million yuan in shale gas survey to guarantee realizing shale gas output targets. China aims to produce 6.5 billion cubic meters and 30 billion cubic meters of shale gas in 2015 and 2020, respectively.

In 2015-2020, China Geological Survey would execute a plan of conducting geological surveys on onshore energy and minerals and carry out a geological survey of shale gas in south China.

China Geological Survey plans to locate 80-100 prospective areas of shale gas and put 100-120 shale favourable gas areas as target regions for shale gas developers. (Edited by Liu Yanan, liuyn@xinhua.org)

 

Source Xinhua

China to invest RMB17 trln in environmental protection in 2016-2020 中国将在13五期间投入17万亿元用于环境保护

China to invest RMB17 trln in environmental protection in 2016-2020

Stockholm, June 10 (Greenpost) – China is estimated to invest over 17 trillion yuan in environmental protection in 2016-2020, according to Chinese Academy for Environmental Planning.

China’s Ministry of Environmental Protection (MEP) would focus on improving environmental quality in compiling national environmental protection plan for 2016-2020, which is expected to be submitted to the State Council for approval in March 2016.

The new five-year plan would add targets on improvement of environmental quality beside existing targets on cut or control of overall emissions, said a report by Economic Information Daily on Wednesday.

The environmental protection plan would involve green economy, nuclear safety, soil protection, biological protection as well as prevention and treatment of water pollution.

China would introduce amount control mechanisms over newly-added industrial smoke and dusts, volatile organic compounds (VOCs), total nitrogen and total phosphorus in 2016-2020. (Edited by Liu Yanan, liuyn@xinhua.org)

Source  Xinhua

Editor  Xuefei Chen Axelsson

China’s top coal firms dismiss merger rumors

China’s top coal firms dismiss merger rumors

Stockholm, June 9 (Greenpost) — China Shenhua Energy Co., Ltd. and China Coal Energy Co., Ltd., the nation’s leading coal producers, on Tuesday dismissed reports of a merger.

The two companies said neither they nor their parent companies have been informed on the matter of merger from government departments; meanwhile, neither company has talked with other companies or departments about any merger, according to separate statements by the two companies filed to the Shanghai Stock Exchange.

In the mainland stock market on Tuesday, shares of both companies surged by the daily limit of 10 percent. In Hong Kong, China Shenhua rose more than 3.6 percent; China Coal Energy gained nearly 7.5 percent.

There were rumors last month that China was considering massive mergers and acquisitions of its biggest state-owned enterprises (SOEs) to prevent in-fighting and build industrial giants able to face global competitors. A total of 112 centrally-administered SOEs were said to likely be cut by more than half to 40.

However, the State-owned Assets Supervision and Administration Commission later said reports about such massive M&As were “unverified.” Enditem

Source  Xinhua

Editor  Xuefei Chen Axelsson

INGRID Bergman in her own words to be shown in Sweden

INGRID Bergman in her own words to be shown soon in Sweden

By Xuefei Chen Axelsson

Stockholm, June 8 (Greenpost)– I’m Ingrid, a documentary film by Stig Björkman has moved the audience very much at its premier for the professional film makers and cinema owners as well as journalists.

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Ingrid Bergman, a great actress who won oscar award

twice the best actress and once best supporting actress in

Hollywood was remembered by her children and the one who used to work with her.

Stig Björkman can be her biggest fan as he collected all her films,

pictures and many more.

Now with interviews with her four children and her diary, Björkman

directed a successful film.