A high-tech leap may put China front and center
John Makinson, chairman and chief executive of Penguin, a major international publisher, believes China could lead the world in the way people buy books. The 55-year-old said e-books could take off rapidly in the country because of the lack of modern bookshops. Book retailing in China comes under the auspices of the...
New energy cars key to future
China is speeding up the industrialization of new energy vehicles and energy efficient automobiles as a way to offset pressure from booming auto capacity, which will hit 200 million by 2020, government officials said at the weekend. "The improvement of energy efficiency and emission reduction as well as the...
Can Chinese media rule the airwaves?
At a time when many Western media outlets are contracting, Chinese media outlets are expanding, rapidly. Beijing is pouring billions into the country's state-run media machine, which is churning out new TV networks, radio stations and newspapers aimed at foreign audiences. For the full story, click here
China unveils plans of industrial relocations
China's government has unveiled plans to encourage low-end industries to relocate from the country's coastal areas to inland provinces, as part of its efforts to accelerate industrial restructuring and the transformation of the nation's economic growth model. For the full story, click here
China surges to 5th largest global investor
China bucked international trends in both outbound and inward investment, official figures have revealed. China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of $56.5 billion, compared to a ranking of 12th in 2008, the Ministry of Commerce said on Sunday. On top...
Sidney Rittenberg on China
Mao’s interpreter on the evolution of individual ambition and why Mao was the best listener he ever met. To listen to the full interview, click here
Man who opened doors to China
When New Zealand signed the Free Trade Agreement with China in 2008 the then Prime Minister Helen Clark described Victor Percival as the "man who started it all". But that really leaves many interesting things unsaid. Percival first began his business dealings with China in 1956. He was actually inclined to give...
12th five-year plan to be drawn up
2010 is the final year of 11th five-year plan. This means its time to draw up the plan for next five years. The official from the National Development and Reform Commission says the plan for 2011 to 2016 will focus on solving China's economic bottlenecks, as well as raising incomes. Xu Xianping is vice director of the...
HSBC COMPLETES FIRST RMB TRANSACTION IN NEW ZEALAND
HSBC has completed* its first New Zealand cross-border Renminbi (RMB) transaction directly with China, following the extension of the RMB trade settlement pilot programme to all countries and regions in the world in June 2010. The first landmark transaction was completed for Longbeach Holdings Limited; an apparel and...
Translation of Vice President's Speech at the opening ...
The Chinese Vice President made a Speech at the opening ceremony of FTA seminar here in Auckland on 17 June 2010. To view the translated speech, please click here.
China Boosts Transporatation Infrastructure
With its rapidly growing rural-to-urban population, China is in the midst of a massive transportation infrastructure upgrade in order to maintain the country’s economic growth and development. For the full story, click here
Sky's the limit for business in China
There are 1.4 billion people in China and wherever you go, it's big - the buildings, roading and even the World Trade Expo. But doing business in China is not as scary as it may seem. The Chinese I met in Shanghai and Yantai are friendly and courteous, and many of the people you end up dealing with speak English, or some...
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