Industry Views of sport-recreation - Made-in-China.com

Chinese Tourists Among Injured in New Zealand Bus Crash

Dec 31, 2015

At least 16 tourists, most of them Chinese, have been taken to hospital after a crash between a bus and a car on a major tourist route in New Zealand's South Island Thursday. Police and ambulance officers were at the scene of the crash, ...

Tags: Chinese Tourists, Bus Crash

Police Punish Five for Online Terrorist Attack Rumors

Dec 31, 2015

Chinese police have taken stronger action against online rumors about terrorist attacks, the Ministry of Public Security (MPS) said in a statement on Wednesday. According to the statement, five people have been detained for spreading ...

Tags: Police, Online Terrorist Attack

Special Fund to Be Set up to Deal with Zombie Companies in China

Dec 31, 2015

It's being reported the Chinese government is setting up a 30-billion-yuan fund to help eliminate industrial overcapacity and reconstruct so-called "zombie companies". The money is going to compensate the employees of the "zombie ...

Tags: Special Fund, Zombie Companies

Intercity Helicopter Flights Open in China's Guangdong

Dec 31, 2015

Guangdong Province has launched regular helicopter trips between cities of Guangzhou, Shenzhen and Zhuhai. The so-called "flying taxi" service will reduce travel time between the three cities to about half an hour from over two hours on ...

Tags: Intercity Helicopter

Asia's Largest Underground Railway Station Opens in Shenzhen

Dec 31, 2015

Asia's largest underground railway station has opened in Shenzhen, launching high-speed rail service between Guangzhou and Hong Kong. The Futian High-speed Railway Station, located in downtown Shenzhen, covers an area equals to the size ...

Tags: Underground Railway Station, Shenzhen

China Continues to Suspend Fuel Price Adjustments

Dec 31, 2015

It's being reported that China's top economic regulator is planning to keep fuel price adjustments on hold for the time being. The National Development and Reform Commission is said to be planning to suspend its price adjustments as it ...

Tags: Fuel Price Adjustments

Saudi Cabinet Increases Oil Prices and Service Tariffs

Dec 31, 2015

Oil prices have been raised in Saudi Arabia. At the same time, the Saudi cabinet has also added tariffs on electricity, water and sanitation services. Saudi officials have approved a national budget for the coming year with a deficit of ...

Tags: Saudi Cabinet, Oil Prices, Service Tariffs

Smartisan Releases T2 Handset in Beijing

Dec 31, 2015

Chinese start-up smartphone maker Smartisan has released its higher-end handset, the T2 smartphone, in Beijing. The T2 features a 4.95 inches screen, and the on-off switch has been replaced with a touch button. Tuesday's launch also ...

Tags: Smartisan

"Double Eleven" Credit Report Released in Beijing

Dec 31, 2015

An evaluation report on the "Double Eleven" shopping spree has been released in Beijing, offering insights into China's largest annual online shopping event. The report shows cases of dishonesty connected to e-commerce platforms and ...

Tags: Double Eleven, Credit Report

China Refutes U.S. Comments Regarding Market Economy Status

Dec 31, 2015

China refuted recent U.S. comments warning Europe against granting China market economy status on Wednesday, saying China has been living up to its World Trade Organization (WTO) obligations. Chinese Foreign Ministry spokesperson Lu Kang ...

Tags: Market Economy Status

China Merchants Group Acquires Logistics Firm Sinotrans & Csc Holdings

Dec 31, 2015

Logistics firm Sinotrans and CSC Holdings has become a wholly-owned subsidiary of the China Merchants Group. Sinotrans and CSC Holdings is now the biggest integrated logistics service provider with total assets of 100 billion yuan, or 16 ...

Tags: China Merchants Group, Sinotrans&CSC Holdings

China Plans New Financial Risk Assessment Framework

Dec 31, 2015

China's central bank has said it is planning to upgrade its financial risk assessment framework which will be launched next year, in a bid to ward off financial risks. The capital adequacy ratio, a measure of an institution's ability to ...

Tags: New Financial Risk

China Has The World's Largest Clean Power Capacity Under Construction

Dec 31, 2015

As the country strives to reduce pollution and seeks to move away from the use of fossil fuels, it's been revealed that China has the world's largest capacity for "new and renewable energy". Nur Bekri is the head of the National Energy ...

Tags: Largest Clean Power Capacity

Fast Food Chain Supplier Stands Trial Over Meat Scandal

Dec 31, 2015

Ten defendants representing the Shanghai and Hebei branches of Husi Food Company, a former supplier to McDonald's, KFC and Pizza Hut, have stood trial on charges of producing and selling shoddy products. The ten people and the two ...

Tags: Fast Food Chain, Meat Scandal

Call for Potent Market Supervision After Tumultuous Year

Dec 31, 2015

Economists and insiders are calling for more effective goverment supervision as a year of wild swings in China's stock market is coming to an end. China fought an unprecedented and costly war in 2015 to contain wide stock market ...

Tags: Potent Market Supervision

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