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

China to Promote Direct Financing

Dec 24, 2015

The State Council announced Wednesday that it supported the development of direct financing to reduce production costs for enterprises. Through direct financing, enterprises can get funds from the capital market by issuing shares or ...

Tags: Direct Financing

China's Rail Linking Central Asia to Start Construction in 2016

Dec 24, 2015

Construction of a railway linking China, Kyrgyzstan and Uzbekistan will start in the coming year. The President of Kyrgyzstan Almazbek Atambayev said the project will boost economic growth in his country, as it will provide the landlocked ...

Tags: China's Rail, Construction

China's AVIC Ordered to Pay $70 Mln to U.S. Wind Firm

Dec 24, 2015

An arbitration award has ordered China's Aviation Industry Corporation or AVIC to pay over 70 million U.S. dollars to an U.S. wind firm for breach of contract. AVIC did not immediately respond to requests for comment. Dallas-based Tang ...

Tags: China's AVIC, U.S.Wind Firm

China's Zoomlion Buys 57 Pct Stake in Ladurner

Dec 24, 2015

Zoomlion, China's leading construction machinery producer, on Wednesday said it had signed an official agreement to buy a 57 percent stake in Italy's waste-disposal company Ladurner. Zoomlion said it had teamed-up with Mandarin Capital to ...

Tags: Zoomlion, Ladurner, Stake

Vanke Welcomes Anbang's Increase in Shareholding

Dec 24, 2015

China Vanke has issued a statement on Wednesday night, welcoming Anbang Insurance to become one of its big share-holders. Earlier this week, Anbang raised its stake in Vanke to 7 percent by acquiring shares worth over 2.8 billion yuan. ...

Tags: Vanke, Anbang

Uber Partners with Chinese Auto Maker

Dec 24, 2015

Uber has announced a partnership with a major Chinese auto maker. The San Francisco-based company says it will work with Guangzhou Automobile Group in areas including investment, sales, marketing and promoting new energy vehicles. Terms ...

Tags: Uber, Guangzhou Automobile Group

Unity Opto to Supply Test Rite LED Bulbs to Target 50% of Local Market

Dec 24, 2015

Test Rite's CEO, T.H. Ho.Test Rite International Co., Ltd., recognized as Taiwan's biggest home improvement retailer, has contracted LED maker Unity Opto Technology Ltd. for supply of LED light bulbs to sell under its brand name, as well as ...

Tags: Test Rite, LED, Processing Machinery

Sinotruk 2016 Commercial Conference Holds in Jinan

Dec 24, 2015

2016 Commercial Conference of Sinotruk was held in Jinan City, Shandong Province on December, 18 , 2015. In the exhibition booth out of the conference hall, 31 delicate designed trucks with good performance and high quality, covering heavy, ...

Tags: 2016 Commercial Conference, Sinotruk, Auto

TCM Companies Find Gold in Overseas Markets

Dec 24, 2015

Traditional Chinese medicine makers are expanding their presence in the global markets in a big way, as the government reiterated its support to further strengthen the sector. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, the ...

Tags: Traditional Chinese medicine, Overseas Markets, medicine

Notebook Market Brace for More Uncertainty in 2016

Dec 24, 2015

The global notebook market will face more uncertainty in 2016 as Xiaomi Technology and Huawei will debut in the mature market, and Samsung Electronics has also renewed its interest in it, according to industry sources. As the global ...

Tags: notebook market, Xiaomi, smartphones

Huawei, ZTE Make Inroads Into Colombian Market

Dec 23, 2015

Huawei and ZTE are building up their presence in Colombia, counting on the quality of their products to attract local consumers. The two Chinese tech giants are now mainstays in the Latin American country thanks to their smartphone and ...

Tags: Huawei, ZTE, Colombian Market, cellphone

China Objects to Arbitration Over South China Sea

Dec 22, 2015

The Chinese government is calling on the Philippines to give up any illusions of sovereignty over islands claimed by China in the South China Sea. Foreign Ministry spoksperson Hong Lei commented following the release of a court transcript ...

Tags: South China Sea, Arbitration

China Makes Effective Efforts for Iraq's Development: Iraqi Prime Minister

Dec 22, 2015

The Iraqi Prime Minister has spoken highly of China's effort in helping the development of Iraq. Haider al-Abadi made the comment ahead of his first visit to Beijing, starting from today. "The relationship of China and Iraq has lasted ...

Tags: China, Iraq

China Receives Message From Dark Matter Probe

Dec 22, 2015

Ground stations in China have received data sent by "Wukong" -- the country's first dark matter probe satellite, scientists announced Monday. A station in Kashgar in northwest China's Xinjiang successfully tracked and received data from ...

Tags: Dark Matter Probe

Chinese in Ghana Present Christmas Gifts to Orphans

Dec 22, 2015

Members of the Ghana Association of Chinese Societies on Monday presented Christmas gifts to children at the Kumasi Children's Home, a state-run orphanage in Ghana's second largest city Kumasi. The gifts included LED TV sets, tower fans, ...

Tags: Ghana, Orphans