China Industry & Market News by Made-in-China.com

Construction Begins on Pilot Nuclear Power Project

Dec 25, 2015

Construction on the first unit of a pilot nuclear power project using a Chinese reactor design began in south China on Thursday. Workers on Thursday morning broke ground on the unit that will use Hualong One technology, a ...

Tags: Nuclear Power Project

China to Lift 10 Mln Rural People out of Poverty in 2016

Dec 25, 2015

China aims to lift over 10 million rural people out of poverty in 2016, so as to make a good start for the next five years, according to a poverty relief meeting on Thursday. The next year's work will integrate the central and local ...

Tags: Rural People, out of Poverty

China Donates Demining Equipment to Cambodia, Start-up Funds to ASEAN Regional Mine Action Center

Dec 25, 2015

China on Thursday donated mine clearance equipment to Cambodia and start-up funds to the ASEAN Regional Mine Action Center. The 500,000-U.S. dollar donation included office equipment worth about 250,000 dollars to Cambodia, and start-up ...

Tags: Demining Equipment, Mine Action Center

China's Central Bank to Continue Financial Support for Tibet

Dec 25, 2015

China's central bank has vowed to continue preferential financial policies to support Tibet for the next five years. The People's Bank of China promised more direct financing and financial bonds to facilitate small and medium enterprises ...

Tags: China's Central Bank, Tibet, Financial Support

Taiwan's Aircraft Builders and Machine Tool Makers Form Alliance to Tap Global Aircraft-Building Market

Dec 25, 2015

Taiwan's machine-tool makers have entered into an alliance with the island's aircraft builders and a government-backed laboratory to develop intelligent industrial technology to sharpen their machine tool capability to manufacture aircraft, ...

Tags: aircraft-building, intelligent industrial, Processing Machinery

China-Based PV Module Makers Hiked Quotes by 3%

Dec 25, 2015

In view of strong demand, China-based PV module makers have hiked quotes by nearly 3% in the China market, according to industry sources. The increases have been most significant in the 255W and above segment, with quotes having risen to ...

Tags: PV Module, PV Projects

China Introduces Green Bond in Interbank Market

Dec 24, 2015

The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...

Tags: Green Bond, Interbank Market

China's M&A to Hit New Heights in 2016: Reuters

Dec 24, 2015

New stats are suggesting Chinese acquisitions in the Asia-Pacific region have helped push the value of annual deals past one trillion U.S. dollars for the first time. The same set of data also shows Chinese companies have spent a record ...

Tags: M&A, New Heights

Guotai Junan Securities Resumes Chairman's Position

Dec 24, 2015

One of China's biggest securities firms, Guotai Junan Securities Co. has announced the decision on Wednesday to return its Chairman and Chief Executive Officer, Yim Feng to active duty. In a statement issued on Wednesday, the company said ...

Tags: Guotai Junan, Chairman

China Tackles Housing Glut to Arrest Growth Slowdown

Dec 24, 2015

China will continue to actively destock its massive property inventory over concerns that the ailing housing market could derail the economy. Along with cutting overcapacity and tackling debt, destocking will be a major task in 2016, ...

Tags: Housing Glut, Arrest Growth Slowdown

China Southern Airline Buys $2 Billion Planes From Airbus

Dec 24, 2015

China Southern Airlines has announced an order to purchase 10 Airbus aircraft worth over 2 billion U.S. dollars, to help meet the growing demand for travel in China. The wide-body aircraft are expected to be delivered between 2017 and 19. ...

Tags: China Southern Airline, Planes

Lawmakers Call for Greater Supervision, Penalty After IPO Reform

Dec 24, 2015

Chinese lawmakers on Wednesday called on market regulators to step up supervision and stipulate heavier penalties for violators once a stock listing reform takes effect. Legislators are set to approve a State Council proposal on the ...

Tags: IPO Reform, Supervision

Alibaba Hires Ex-Apple Investigator to Fight Fakes

Dec 24, 2015

Alibaba has hired Apple's former counterfeiting investigator to lead the charge against fake products on Alibaba's e-commerce platform. The Chinese online retail giant has appointed Matthew Bassiur as its head of global intellectual ...

Tags: Alibaba, Fakes

Foreign Media Focus on Outcome of China's Key Economic Meeting

Dec 24, 2015

The priorities set out by Chinese leaders at a key economic meeting have prompted strong interest among foreign media organizations. The Central Economic Work Conference, which was held here from Friday to Monday, reviewed China's ...

Tags: Foreign Media, China's Key Economic Meeting

Russian Expert Praises Anti-crisis Measures Adopted in China's Key Economic Meeting

Dec 24, 2015

The Chinese government is taking absolutely adequate measures to handle slowing economic growth and an increase of certain imbalances, a leading Russian expert has said, commenting on China's key economic meeting held last weekend. "What ...

Tags: Anti-crisis Measures, China's Key Economic Meeting