China＇s Work Safety Report

““Safe quality standardization campaigns were conducted in enterprises on wide scale. Larger investment on safety was made. Greater progress in safety-related scienceand technology was stimulated.Safety training was enhanced.““     

Peaks＇ name chango＇not due to Avatar＇

In response to the increasing criticism on the renaming of its mountain peaks, tourism bureau officials in Zhangjiajie, Hunan province said the name was not changed due to the movie Avatar.     

Ad Biz Faces the ＇New Normal＇

The industry will be changed forever by this recession. What will it look like on the other side？     

Hu： Go＇all-out＇ for Expo

Pesident Hu Jintao on January 15 called on the Chinese people to pool their strength and resources to ensure the Shanghai World Expo is a success. With just 106 days to go before the World Expo opening on May 1, Hu visited the Expo site during an inspection tour in Shanghai.     

Senior Official： China＇s Kid Pajama Exports to New Zealand Tested Qualified

A Chinese national research center said recently that the consumer price index （CPI） is still .within government control although it will ＂keep rising at a moderate rate for a relatively long time＂.     

The Locals＇ Opportunity under Foreign Banks＇ Expansion

The global financial crisis is striking the international financial market severely. Since July 2007, foreign banks and brokers have been suffering an enormous loss caused by the financial crisis. More than 160 thousand jobs have been cut this year by financial institutions like Citibank, HSBC and Morgan Stanly, etc. However, what shows a strong contrast with global job cutting is that these foreign banks are rapidly expanding their business in China. According to the data of related market, seven foreign banks have opened more than nine new branches in two months alter September 17, the day that Lehman Brothers filed for bankruptcy protection. November 17, HSBC issued China UnionPay debt cards in 17 cities of China.     

China＇s Investment in Africa＇s Banking Sector

1 Introduction
The global financial crisis, whose effects have been most severe on the world＇s largest banks, has created a vacuum in banking sector in Africa by stalling investment from the traditional investor. The world＇s largest banks, brought to their knees by the crisis, and having had to be bailed out, are in no position to continue investing in the banking sector in Africa. China, less severely affected by the crisis, with a burgeoning economy, and with banks that are awash with cash, is, in contrast,     

CNOOC may acquire ＇large＇ stakes in Nigerian oil

China National Offshore Oil Corp （CNOOC）, the nation＇s third largest oil and gas producer, is in talks with Nigeria to acquire large stakes in some of the world＇s richest oil blocks, the Financial Times reported Sept 30.     

The Olympics＇ Impacts on China＇s Foreign Trade

The Beijing Olympics will have a lasting effect on China, especially on its politics and diplo macy, but the Olympics will only have limited and indirect influence on its foreign trade in my view.     

China＇s Cultural Industry Development in Governments＇ Eyes

The implementation of the Cultural Industry Promotion Plan will have a very significant impact not just on China＇s cultural development, but also the entire national economic and social development. The impact will be in four aspects： first, changing the way of economic development andadjusting the economic structure; second, expanding domestic demand, increasing employment, and actively responding to the current financial crisis; third, achieving prosperity of socialist culture and better meeting people＇s cultural need; last, promoting Chinese culture and enhancing our country＇s cultural soft dower.     

激情＇2008

’2008,注定是充满激情的一年。这一年,是中国改革开放走过30年光辉历程的一年;这一年,是举办北京奥运会的一年;这一年,也是我们离中国（上海）世博会开幕之日越来越近的一年……这一年,企业并购将成为一个充满激情的市场话题。     

Turkey＇s Hope

Turkey, lies southeast of Europe on the tip of western Asia, the country enjoys both a historical bond and deep friendship with China. With their respective locations on the west and east ends of the ancient Silk Road, Turkey and China have a long history of political, cultural and trade relations.     

China＇s small airports to got gov＇t backing

Small airports are expected to receive government subsidies after being reclassified as public infrastructure under a new regulation. The regulation stipulates that governments at all levels must take necessary measures to support airports from July 1.     

People＇s Olympics

It is the moment the city takes on its young and beautiful look.It is the moment the people do everything to surprise the world.It is the moment the whole country hold the breath.The 29th Olympic Games is approaching in Beijing. It will be an extraordinary Olympic Games,as the 1.3 billion people of China are all get involved in it with their passion for sports.They waited in a long line in front of the ticket polls, and stayed up in the tent for the match tickets;they happily take the bus and subway instead of the cars for the clean air;and they do volunteer jobs in uni- forms from day to night without single word of complaining...The whole nation gives her best definition to the Olympic sprit.It's people's Olympics:it's everyone's Olympics.     

Australian gov＇t_approves China＇s Baosteel investment of Auuila

China could see a drop in steel products price on the domestic market in the fourth quarter due increasing stockpiles of rolled steel and billet, warned the China Iron ＆ Steel Association （CISA） on November 3.     

Tibet＇s hvdropower station won＇t affect water flows

The initial data published by General Administration of Customs of the PRC on November 13 showed that in October, China exported 1.21 million tons of coals, declining by 40% compared with that of last year on a year-onyear basis and dipping by 35% compared to 1.86 million tons in September.