China＇s steetout.put in 2010 may nit newmgn

China plans to lower the number of steel plants from 800 to 200, through mergers and acquisitions as well as shutting down of some substandard mills, an official from the Ministry of Industry and Information Technology （MIIT） said July 20.     

Three Electronic and Information "Industrial Belts" Formed in China

According to a report from the Ministry of Information Industry,three information technology(IT) "industrial belts" havetaken shape in three areas-the Zhujiang River Delta,the Yangtze River Delta,and Beijing,Tianjin&Tanggu Zone.It is reported by China Economic Daily,the output value of IT industry of Guangdong Province reached RMB390billion in 2002,ranking first in the country.The Province has ranked the first in China for 11 years in succession up to now. InZhujiang River Delta,an IT manufactures area with large scale and complete system has taken shape,and products including     

Imports of iron ore hit record in March

China has protested at the European Union＇s （EU） decision to impose anti-dumping duties on seamless steel pipe imported from China and expected the EU to end its anti-dumping investigation, the Ministry of Commerce （MOC） said in an online statement on April 10.     

New Trend Likely to Emerge in Steel Product Mix

China steel industry experiences swift growth in past several years, satisfying the development of national .economy by providing substantial long products for infrastructures and buildings construction and flat products for machine, ship and auto making. The flats output has been on the rise in the same period, while that of the longs has been on the decline. The capacity of HR and CR sheet plate and other high value added products swells and even exceeds market demand, as Mysteel （China＇s top indicates. Due to the economic steel information provider）＇s data downtown, industrial experts expect that a change in product mix is looming： more longs would be produced, but fewer flats would be.     

Learn from South Korea——Experiences to Cope with Weakening Export to China

Great importance has been attached to Sino-South .Korea trade relationship by the South Korean gov-ernment for the simple reason that China remains its biggest trade partner. Benefited from China＇s fast economic growth, export from South Korea to China has been rapidly growing with an average annual rate of 30.24% in the past three years. It can not be denied that China＇s appe- tite is undoubtedly one of the most important driving forces that fuels South Korea＇s economic growth. Unfortunately, with the advent of the financial turmoil, trade volume be- tween the two countries has been greatly sliding down since the end of 2008. To deal with the sour situation, a series of measures were timely released by the South Korean govern- ment to resolve the problem. Among these measures, some of them deserve our attention and bring us valuable experiences.     

Basic Outline of China Auto Industry

It has been made known by the Ministry of Machine-Building Industry that the stipulated policy on the auto industry is to make it a pillar industry of China by the year 2010, with this goal realized in three steps. The foundation-laying stage will last two years from 1994 to 1996 and focus on adjusting product structure and completing the production of cars and light-duty buses. Some technical renovation projects will begin before 1996, thus ensuring that China-made components for imported cars reach 60 percent to 80 percent. In addition, co-     

Annual Report On China＇s Exhibition Industry 2009 （III）

To better understand Chinas exhibition industry＇s development trend, and its policy regu- lation features, and industrial market characteristics, China Council for the Promotion of International Trade （CCPIT） organizes experts and scholars of the exhibition industry to compile and publish Annual Report on Chinas Exhibition Industry in both Chinese and English every year since 2004. After years of efforts, the Report has become a significant window for domestic and overseas insiders to know about China＇s exhibition industry.     

Big Brother Has Bigger Say

156 delegates from all walks of life in Guangdong province composed the Guangdong delegation for the NPC this year. The import and export value of Guangdong makes up one-third of national total value, and accoums for one-eighth of national economic growth. Guangdong province has maintained its top spot in import and export value among China＇s many provinces and cities for several years, commonly referred to as ＂Big Brother＂. At the same time, it is the region where the global financial crisis has hit China hardest.     

Recovering China＇s Foreign Trade in 3Q

China＇s import and export are facing the most difficult challenge beyond expectation, due to the dramatic world economy recession. However, China has been doing its best to minimize the negative effects, and explore new and potential markets. For the first three quarters of 2009, the basic profile of China＇s foreign trade turned out some features according to the analysis by the Ministry of Commerce.     

60 Years of China＇s Foreign Trade

Since the founding of the People＇s Republic of China 60 years ago, especially its launch of reform and opening up policy 30 years ago, China has achieved great transformation from a closed or semi-closed to an all-round opening up economy. Foreign trade has also made brilliant achievements. Goods and services continue to expand from small to large scale, from low to high quality. After sixty years of hard work, today＇s China is integrating into the world economy with a more open-minded state and more self confidence.