China's Hydroelectric Power in Trouble

As a fast-rising country,the state of energy consumption in China is significantly different from that in the developed world,which has been using electricity of a relatively stable quantity for years.In China,however,the ever-hungry electricity demand requires at least 7%annual increase to meet the need of ballooning GDP According to the Annual Report on China's Energy Development(2009),up till the end of 2008 the total installed capacity of electricity has reached 790 million kW,including nearly 100 million kW newly developed in 2008 and a similar increment in 2007.     

Henan's Infrastructure and Investment Environment

Henan Province has been working hard to improve its investment environment and build up its infrastructure ever since the start of China's opening to the outside world. So far, the province has achieved great progress. Its annual output of raw coal is 90 million tons, ranking second in the country; it has an installed capacity of 7.6 million KWs, generating 43 billion KWhs of electricity per year.     

Compliance Requirements for Chinese Automobile Market Players

Since November 2009, China has passed the United States to become the biggest auto- mobile market in the world. At the same time, China has also surpassed Japan as the largest automobile manufacturer around the world with an annual manufacture capacity of 13.759 million automobiles. In consideration of the importance of the Chinese automobile market, several international automobile giants, including Volkswagen, Toyota, GM, Chrysler, Ford and so on,     

CHINA AT NO.2

China has outstripped Japan as the world＇s second-biggest economy after three decades of spectacular growth. Second-quarter GDP figures from Japan released on August 16 show that its economic output, at US$1.288 Ctrillion, fell short of the US$1.339 trillion China reported for the three months ended in June, which suggests that outpacing Japan in an early quarter is seen as a good indication that China has the momentum to past Japan for the full year.     

China to Promote Investment in Jamaica

Jamaica is one of China＇s important trade partners in the English-speaking Caribbean, in recent years, bilateral trade has developed rapidly, although last year, because of the economic crisis, bilateral trade has been greatly affected.According to China Customs statistics, bilateral trade in 2008 amounted to US$291 million. Influenced by the financial crisis, bilateral trade between China and Jamaica in 2009 was US$2.19 million, down 25.7% when compared with the same period in 2008. However, with the continuous development of the two economies, bilateral economic and trade has great potential. Dur- ing the state visit of the Jamaican Prime Minister to China,     

Chinese Outbound Travel Booms

Nowadays,outbound travel has become commonplace in China.The world tourism market is witnessing a rapid increase of Chinese tourists. Around the world,major tourist destinations have seen surging numbers of Chinese visitors in recent years.In 2010 alone,57.39 million Chinese traveled abroad,spending US$48 billion overseas,according to the China Tour-     

What about China's Trade Deficit?

With its rapid economic growth over recent years,China has become an important force to be reckoned in the world.The ever-rising trade surplus makes a good example.But does Chinese enjoy a trade surplus with every foreign country? The answer is"No". Official statistics show that China has a trade defi- cit with partners in East Asia including Japan,North Korea and ASEAN(Association of Southeast Asian Na- tions)countries.In terms of trade structure,China also suf-     

China in Overcapacity Exacerbating？

The problem of overcapacity has been plaguing China for years. Many economists claim that China＇s double-edged economic system of foreign trade and investment has resulted in a lack of consumption. It is estimated that approximately 35% of GDP depends solely on exports, some of which has naturally turned into excessive capacity due to the recent lack of external demand from western markets. Repeated build up in certain industries, which the government has failed to restrain, has resulted in prevailing overcapacity, and has also indirectly triggered the flood of anti-dumping cases against Chinese enterprises in recent years.     

Development Trend of China's Beverage Market

According to an authoritativedepartment, Chiha's beverage outputwas just 280,000 tons in 1980, andone million tons in 1985. In 1995, as a resultof a sharp increase, beverage output reached10 million tons. The past 15 years havewitnessed an annual growth rate of 26.7percent for beverage output. So the beverageindustry has become one of the foodstuffindustries that has developed the fastest inthe past decade. The variety has expandedfrom only carbonic acid beverages to juices,     

Chinese Tire Market Attracts Foreign Enterprises

Since the automobile industry has developed rapidly, the output, sales, profitability of tire industry in China has been rising. Based on a forecast that China's car sales will exceed 3 million units in five years, demand for tire is estimated at 15 million pieces, posing a rosy picture for the whole tire manufacturing sector. China's huge potential tire market, and low cost on labor force and construction of infra-     

Transnational Auto Manufacturers Try to Squeeze into the Chinese Market

Chinese auto market has developed with an annual growth rate of 36%, the first in speed in the world. The investment of transnational companies in China's auto production are enough to produce 2.7 million autos, but China's wish to become the "world center of automobile manufacture" is still a dream.In the 2005 Report on Transnational Companies in China issued by the Ministry of Commerce, Jia Xinguang, Chief Analyst of China Auto Consulting and Development Corporation, criticized the "South Korean mode" of Chinese automobile industry.     

Corporation and Enterprises

The Jianshe Industrial (Group) Co. Ltdis subordinated to the NationalOrdnance Industrial Co. Ltd of China,which was a key construction unit for nationaldefense under the First Five-Year Plan.Through 45 years of adjustment, reform andexpansion, the company has developed intoone of the largest military-civil enterprisesproducing motorbikes in China. It is locatedin the suburban areas of Chongqing, and hasmore than 18,000 workers and total assets ofRMB 4.85 billion. The company mainlyproduces military products, motorbikes, autoair-conditioning compressors and guns forcivil use. It has an annual capacity to produceone million motorbikes, 100,000 auto A/Ccompressors and 100,000 guns for civil use.     

China Bicycles Corporation Seeks Perfection

The Shenzhen-based China Bicycles (holding) Corporation, or CBC, was floated on the Shenzhen Securities Exchanges. The corporation, set up in 1985, has manufactured in a few years several thousand kinds of products in six categories, including excursion bicycles, racing bicycles, children's bicycles, mountain bicycles, high-grade aluminum bicycles and health bicycles of different designs, specifications and styles. It produces four million bicycle in a year with eighty percent selling in North America, Western Europe, Australia and Japan, earning US$180 million in foreign exchange. It is a big bicycle exporter in China and the world as well.     

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.     

China Leads World in Nonferrous Metals Output

China has led the world in nonferrous metals output for five years in a row, said sources with the China Nonferrous Metals Industry Association (CNMIA). The country's output of ten main nonferrous metals, including copper, aluminum, nickel, lead, zinc and magnesium, surged 17.48% year-on-year to 19.17 million tons in 2006.     

ENVIORNMENT

China Power Investment Corp. to invest RMB 2.8 bln in wind power plant China Power Investment Corporation, one of the country's five power giants, said on August 29 it was investing RMB 2.8 bil- lion (US＄410 million) in building a wind power plant, the largest of its kind in the northeastern Liaoning Province. Upon completion, the plant will have an installed capacity of 300,000 kw, generating more than 700 million kwh of power annu- ally, according to a statement by the wind power developer.     

China Becomes Second Largest Consumer of Lubricating Oil

According to the latest statistics, China has become the secondlargest consumer of lubricating oil in the world, ranking next to the US.The statistics show that China's consumption of lubricating oil reached 4 million     

Charade:A flower of the national car industry

Where there is a road,there isCharade.This is especially true inNorthern China. From 1988 when the TianjinMini-auto Manufacturer introducedthe Japan Daihatsu's CharadeSecond Generation to produce theCharade mini-car,to the end of 1994,it had turned out 154,828 cars.Thefactory has developed at a speedhigher than the average annualeconomic increase of the industry,and has ranked first for threeconsecutive years in the TianjinPriority Product EconomicEfficiency Appraisal,making theCharade a nationally-known namebrand mini-car.     

China's Power Industry

China's power industry has been in existence for over one hundred years, since 1882 when the first generating set began operation in Shanghai. Since the founding of New China in 1949, it has seen rapid development. By the end of 1994, the total capacity of China's generating equipment was 200 million kw with a generating power of 9.05 billion kwh. China is a vast country for power production and consumption.     

China’s Accomplishments in Hitting Poverty Alleviation Targets Grabs World Attention

On November 23,2020,Guizhou Province announced that its last nine poverty-stricken counties had officially been lifted out of poverty,signaling that all the 832 counties across the country have now been removed from China’s poverty list.China has accomplished its poverty alleviation targets for the new era after eight years of continuous effort.All the impoverished people in rural areas have now been lifted out of poverty according to the current standards.As all the poverty-stricken counties have been removed from the poverty list,both absolute poverty and regional poverty have been eliminated.This means that approximately 100 million people have emerged from poverty,which is a prominent contribution to the alleviation of world poverty.