GE to launch 5 regional headquarters in China

General Electric Co. will soon set up five new regional headquarters in China to further tap a huge market that boasts huge busi- ness potential. The U.S. giant now operates two regional headquarters in Shanghai and Beijing. The new locations will be in Shenyang, Wuhan, Chengdu, Xi'an and Guangzhou-provincial capitals in the country′s northeast, central, southwest, northwest and south, ac- cording to Chen Xiangli, president of China Technology Center under GE.     

Coca-Cola,juice maker Huiyuan both＂respect＂ Chinese gov＇t rejection of purchase bid

China＇s home appliance and electronics retail giant Gome will conduct a nationwide recruitment campaign to offer about 20,000 vacancies to migrant workers. The new employees will be added to the retailer＇s delivery, installation and maintenance divisions, China Daily reported March 5.The Beijing-based retailer indicated that it would employ the new hires in its outlets and in subsidiaries like Paradise, Dazhong and Sanlian.     

Central Region： The Next Destination？

A new set of policies for processing trade were jointly implemented by China＇s Ministry of Commerce and General Customs Office last year, with the goal of promoting trade balance, relieving the sharp contrast in China＇s huge trade surplus, as well as pushing forward with the improvemerit and transformation of the industry. The highlight of the policy was its fit with regional economic development patterns：     

Opportunities for A Low Carbon Future-- China＇s Clean Revolution II

Despite economic downturn, China＇s domestic markets continue to scale up low carbon technology. A new report that was released in Beijing in August by the Climate Group shows that in an incredibly short time China has taken the lead in the race to develop and commercialize a range of low carbon technologies. On the back of ambitious government policies and a new breed of entrepreneurs, Chinese businesses are amongst the top producers of electric vehicles, wind turbines, solar panels and energy efficient appliances. Even with this growth, the opportunities for Chinese and foreign companies are huge. A successful agreement in Copenhagen later this year will open the door to further collaboration and growth.     

中国重汽（香港）有限公司

The company headquarters and its main manufacturing base are located in Jinan, the capital city of Shandong province. The predecessor to our Parent Company was the first domestic manufacturer of heavy duty trucks and built China＇s first heavy duty truck in 1960.     

China 2008 Ready？ Go!

2008 will undoubtedly witness a series of new developments in China＇s economy, some will be unpredictable,and some will meet the turning corner, while otherswill fulfill expectations. An analysis of the reasons, developing trends and relevant policies behind these hot issues will help to outline China＇s economic development in 2008.     

Fruits Proves Confidence

The East-West China Cooperation ＆ Investment Trade Fair initiated in 1997, and has become the first platform for China＇s regional economic coordination through the joint efforts of 7 ministries, National Development and Reform Commission, Ministry of Commerce and CCPIT, and 28 provin- cial governments, autonomous regions and municipalities. The annual fair plays an important role in promoting the prog- ress of East, Middle and West China to enhance the regional harmony. At the mean time, the Fair opens a window to the world for China western areas. 13 ses- sions of the Fair have been successfully held in Xi＇an, capital of northwest China＇s Shaanxi province. And the 13th East-West China Cooperation ＆ Investment Trade Fair lasted from April 5 to 8, 2009.     

Changes in China＇s Trade Policy？

＂We will steadily develop foreign trade. The main issues are to exploit new markets, adjust the trade structure and promote trade balance＂, Chinese Premier Wen Jiabao delivered a government work report at the opening meeting of the annual full session of the National People＇s Congress （NPC）, China＇s top legislature, which started in Beijing on March 5, declaring a new development path of Chinese foreign trade in 2010. As one of the biggest trading powers in the world, this will bring great influence on world trade situation and the trade relationship between China and its main trade fellows such as the USA and the EU.     

Italy and China： Trade, Culture and History——An Interview with Antonino Laspina, Commissioner of the Italian Trade Commission＇s Beijing office

Italy is a modern, industrialized nation which has managed to preserve its traditional culture intact. It is China＇s old friend, and its long-time trade partner. In 2006, the Year of Italy in China, various measures were taken to broaden the scope of China and Italy＇s relationship, not only in terms of economic cooperation and trade, but also concerning historical and cultural awareness. What sort of new opportunities for cooperation will we be seeing in the new year？ China＇s Foreign Trade interviewed Antonino Laspina, Commissioner of the Italian Trade Commission＇s Beijing office, about this question and more.     

ZXAuto, Pioneer in the Independent Innovation

Hebei Zhongxing Automobile Co., Ltd. is a joint venture invested by Taiwan Unite Leading Co. and Hebei Tianye Automobile Group Co., Ltd. The company will choose new two kinds of new products to be shown in the ＂Auto China 2006＂. On the eve of the exhibition, China＇s Foreign Trade interviewed Mr. Guo Qingfeng, Director of the company.     

China＇s Shougang aims for 30 mln-tonne annual capacity

Shougang Group, China＇s eighth largest steel maker, will expand its annual production capacity to 30 million tonnes by 2012 with new projects in Caofeidian and consolidation in other regions, reported China Daily on September 4.     

Overseas Development of Chinese Industry：Enterprises ＋ Projects --The Second Session of＂China Overseas Investment Seminar＂ is Scheduled to be Held in Beijing November This Year

The second session of＂China Overseas Investment Seminar＂ will be held on November 2 to 3, 2010 in Beijing＇s China World Trade Centre. The seminar is organized by China Industrial Overseas Development and Planning Association.     

The 101^st Canton Fair, Import Functions Added, Eyes New Market, New Trade Partners

The 101st Session of Canton Fair will be held in Canton city,Guangdong province from April 15 to 30, 2007. The fair, used to be named as China Export Commodities Fair for 100 sessions, is to be rebranded as China Import and Export Fair. By changing the name, a new service as import will be added, so as to encourage more import to meet the capacious market demand in China market, pursuing a more balanced and healthier international trade development.     

Prof. Wu Xiaoqiu： China Is Striving for the World＇s Most Developed Capital Market

China＇s capital market is a hot issue in the new year. The best strategy to develop the Chinese capital market in the coming 15 to 20 years was discussed in the China Capital Market Forum, which was held in China at Renmin University on January 13. Government officials, scholars, and entrepreneurs commented that by 2020, the Chinese capital market will develop into one of the best capital markets in the world, not only in terms of size, but also asset quality, liquidity and dynamic trade. Is this a realistic goal？ What steps should we take to pursue this target？ With these questions in mind, after the forum, China＇s Foreign Trade interviewed Prof. Wu Xiaoqiu, Vice President of Renmin University of China, and the Director of the Finance ＆ Securities Institute of Renmin University.     

Shipbuilding Industry,Ready to Sail

The shipbuilding industry is known as “the head of comprehensive industries” among all national sectors, due to its wide-linked production line, long production process, and huge investment for each order. single order to build a 10,000-ton vessel can provide 3,000 jobs for shipbuilders and related upstream industries. At present, China has become the world＇s second largest shipbuilder. In 2008, China shipbuilding capacity amounted to 2,881 million tons, 29.5% of the world total; China＇s ship orders accounted for 35.3% of the world total, and 37.7% of new orders.     

World Steel Association：China＇s steel use to go down 5%

China＇s apparent steel use, predicted to see a five percent decline in 2009, will lead the recovery for the whole world with a total steel use decline of 14.9 percent, the World Steel Association said here on April 27. The World Steel Association （Worldsteel）, which represents 180 steel producers, national and regional steel industry, forecasted that worldwide apparent steel use is expected to decline by 14.9 percent to 1,018.6 million metric tons （mmt） in 2009 after declining by 1.4 percent to 1,197 mmt in 2008.     

World Steel Association：china＇s steel use to go down 5%

China＇s apparent steel use, predicted to see a five percent decline in 2009, will lead the recovery for the whole world with a total steel use decline of 14,9 percent, the World Steel Association said here on April 27. The World Steel Association （Worldsteel）, which represents 180 steel producers, national and regional steel industry, forecasted that worldwide ap- parent steel use is expected to decline by 14.9 percent to 1,018.6 million metric tons （mmt） in 2009 after declining by 1.4 percent to 1,197 mmt in 2008.     

China steel association opposes Rio-BHP iron ore JV

A global iron ore oversupply, lower spot prices, and huge stockpiles in China＇s domestic iron ore market will improve the odds of Chinese steel mills in securing more cuts in its iron ore price negotiation with overseas suppliers, Du Wei, an Umetal analyst told Xinhua on June 4, China Iron and Steel Association （CISA） refused on May31 to accept the iron ore price cut between 33 percent and 44 percent reached between Rio Tinto and Japan＇s Nippon Steel Corp, and insisted on a price cut of more than 40 percent in the annual contracts of iron ore.     

China's IT Expense to Surpass Japan in 2013

As China gains more regional superiority and its economy keeps surging,China will achieve another key indicator:it will surpass Japan to become the largest consumer of IT products and services in Asia Pacific.The IDC's latest IT forecast shows that Chinas IT expense is gradually reaching Japan's level;by 2013,China's IT expense will total USD 173 billion,4％ more than that in the Japanese market.The IDC attributes China's IT expense growth to two key factors:consumers' increasing IT demands and the IT opportunities brought by the “12th Five-year Plan” proposed by the Chinese government.     

The 101~(st) Canton Fair, Import Functions Added, Eyes New Market, New Trade Partners

The 101st Session of Canton Fair will be held in Canton city, Guangdong province from April 15 to 30, 2007. The fair, used to be named as China Export Commodities Fair for 100 sessions, is to be rebranded as China Import and Export Fair. By changing the name, a new service as import will be added, so as to encourage more import to meet the capacious market demand in China market, pursuing a more balanced and healthier international trade development. Xu Bing, Deputy Secretary General