China Financial Daily

October 22, 2008

Financial Crisis Influence on China and Universe

Filed under: Financial News — Tags: , , , , — kinpoo @ 10:19 am -0700

China’s Economic kept moving on and adjusting
The data from National Bureau of Statistics showed that the GDP of the national economiy in the first three quarters of China is up to 20.163 biliion yuan, and increased 9.9% compared to the last year but dropped 2.3 percentage points.

China and ASEAN Countries join hands to deal with the Global Financial Crisis
In the face of the United States spreading financial crisis, the international financial market volatility has increased significantly, and the world economic growth has been slowly.

Polish Prime Minister said the two Countries will take the lead out of the Shadow of the Global Financial Crisis
Polish Prime Minister Donald Tusk said on the 22nd recently, both China and Poland are taking place in the current global financial crisis and will be the first lead out of the shadow of the crisis.

Association of small and medium Enterprises: China is actively cope with the Financial Crisis on SMES
Secretary-General of China Association for small and medium enterprises, Sun Xiuchun said on 22nd in Qingdao that, China’s SMES in general have been affected by the continued spread of the current global financial crisis. Mainly in Yangzi River Delta Region and Pearl River Delta Region.

Ernst & Young Luo YIzhi: the Financial Crisis became the good Opportunity for Overseas M&A
Ernst & Young Luo Yizhi said in “ICT Forum 2008 in China” , the Global Telecommunications Center partner, the financial crisis is a good time for the operators to overseas M&A. He said, in the long term the domestic carriers should study in-depth of the financial crisis, as well as changes in the telecommunications industry affected by the global economic, and then sdjust their business strategies, business plans, business model and so on.

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October 9, 2008

Test-fly in Pudong Airport

Filed under: Financial News — Tags: , , , , — Nancy @ 11:58 am -0700

Confirmed that the Test-fly Base would be in Pudong Airport
Shanghai Hongqiao Airport expansion project will be completed and put in use in 2010. By then, the two airports in Shanghai will have the ability to take 84 million passengers…

French Plan to open the direct Rail Line to China
French state-owned railway company plans to open the rail freight line, from France to China and with a total length of 12,000 km, in the next three years.

China Coal Exports decreased for two Months
According to the latest customs statistics, China coal exports have decreased obviously for two months from this June. It is expected to control the size of annual export at the level of last year.

other news:

SERC disposes closely the Fuel-efficient and Power-saving Work of China’s Power Industry
SERC issued a latest circular, calling for China’s power industries should do a better job of saving power and fuel.

ASEAN Finance Ministers: the ASEAN Countries can have a peaceful Transition of the Financial Crisis
From the Dubai, ASEAN finance ministers issued a statement on 8th, which pointed out that their member countries all had steady economics and finance, and they were confident they can ride out the current global financial crisis.

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