East Shoes Co. Ltd. in Rapid Growth

It was at the First Huangmei Opera Festival in Anqing, Anhui Province, in October 1993, when the Anqing Electrical Instruments and Meters Factory signed an agreement with a Hongkong company on the establishment of a joint venture called East Shoes Co.. Ltd.     

Asia-Pacific to lead world＇s ariation market in 20 yrs,Boeing

Domestic carriers flew 21.71 million passengers in October, rising 18 percent from a year ago, the Civil Aviation Administration of China said on November 13.     

China Completes Tunnel for New West-to-East Gas Pipeline

Workers on October 29 completed a tunnel under China's Yangtze River for a major gas pipeline that will run from the southwest province of Sichuan to Shanghai in east China. With a diameter of 3.08 meters and a length of 1,405 meters, the tunnel laid about 20 meters beneath the riverbed, connecting two gas wells on each bank of the Yang-     

Beiman Special Steel Co.Ltd.

The Beiman Special Steel Co. Ltd. was restructured from the mainframe of the former Qiqihar Steel Plant in October 1992, with a total capital stock of 440 million. The company has a staff of 13,235, including 1085 technical and managerial staff and 261 senior technical personnel. It has an annual composite production capacity of 620,000 tons of steel and 495,000 tons of steel materials.     

Small steel mills face ＂big＂ problems

China produced 49.37 million tonnes of crude steel in November, down 4.6 percent from October, according to preliminary figures from consultancy Custeel. But the November output was still up 40 percent compared with the same month last year, and the month-on-month dip is unlikely to allay government concerns that the sector is producing far more than the market needs. Custeel, affiliated with the China Iron and Steel Association, said total Chinese output from January to November is expected to reach 521.84 million tonnes, up 13 percent from the year-ago period.     

China＇s Formula, Go!

On the first day of November, when Jenson Button cheered his first Formula 1 World Championship 2009 at the final race of the season in Abu Dhabi, Chinese young university students were busy preparing for their own Formula event. According to a press conference on October 19, 2009 in Beijing, the first Formula SAE - China （FSAE） event has set off, and will be officially launch its final race next year from October 14 to October 17 at Shanghai International Circuit, where will also be the Formula 1 2010 China stop again in next April.     

Actual use of overseas investment:39.85%↑

China's mainland reported a 39.85 percent surge in the actual use of invest- ment from other areas in the first eight months over the same period last year. Investment inflow reached US＄74.37 billion during the January to Septem- ber period,the Ministry of Commerce said on October 10.     

ICBC to Open Subsidiary Bank in the U.S.

The Industrial and Commercial Bank of China (ICBC) has planned to open a subsidiary in the United States, as part of its going-global strategy which also involves Russia,Australia and the Middle East,Board Chairman Jiang Jianqing said on October 17.     

Imports,exports： 10.7% ↓ in Oct.

China＇s imports and exports fell 10.7 percent in October year on year, but monthly exports exceeded US$100 billion for a fourth straight month this year, the General Administration of Customs announced on November 11.     

China's Formula,Go!

On the first day of November,when Jenson Button cheered his first Formula I World Championship 2009 at the final race of the season in Abu Dhabi,Chinese young university students were busy preparing for their own Formula event.According to a press conference on October 19,2009 in Beijing,the first Formula SAE-China (FSAE) event has set off,and will be officially launch its final race next year from October 14 to October 17 at Shanghai International Circuit,where will also be the Formula 12010 China stop again in next April.