Browse Article with Alphabet: D

July 02,2007

By STAFF EDITOR

The northeastern port city of Dalian has been awarded special harbor status in a key step towards the establishment of a free trade zone between China, Japan and South Korea, the Shenyang Daily reported. The Dayaowan Bonded Harbor Area – situated in the Dagushan Peninsula northeast of Dalian – will enjoy preferential tax treatment. “The area will be tariff-free for foreign cargo and will offer tax rebates for domestic cargo,” said Zhang Shikun, director of the Dalian Bonded Area Administrative Committee. “Value-added tax and GST will also be removed if they trade with each other.”

Dalian unveils software city plan

June 22,2007

By STAFF EDITOR

The northeastern port city Dalian wants to become an internationally leading software and outsourcing service provider, China Business News reported. “Dalian has a similar environment and infrastructure facilities as some developed countries do,” Xia Deren, the city’s mayor, said. “We believe Intel’s recent announcement it would invest US$2.5 billion in a chip project in the city will further the development of the software and outsourcing sectors and make the city more competitive.” Xia said Dalian’s software industry was worth nearly US$2 billion in 2006, including US$450 million in exports. 230 of the city’s 620 software firms are foreign owned, including 33 listed among the world’s top 500 companies by Fortune magazine. Xia added that the city needed to attract 15,000 new software employees every year to meet demand.

Denso to make rail system in China

June 20,2007

By STAFF EDITOR

Denso Corp plans to invest US$32 million to build a plant in Changzhou, Jiangsu province, to produce diesel-powered rail systems, China Economy reported. The systems, which feature lower levels of nitrogen oxide and other particles in engine emissions, will roll off the assembly line from 2009. Denso is hoping to close the gap on German rival Bosch, which controls 70% of the international market for common rail systems compared to Denso’s 20% market share. Toyota controls a 23% stake in Denso.

Direct trains boost Yangshan Port

June 05,2007

By AMY CHEUNG

New fixed direct trains originating in Shanghai and neighboring areas are changing the relationship between domestic and foreign port operators and transportation companies.

Disney confirms interest in mainland theme park

April 19,2007

By STAFF EDITOR

Disney’s vice head of development for Asia Pacific confirmed plans for another theme park in China, saying “We are sure to build a second park in China in the long run, but we are now reviewing the market.”

Dell cuts China staff

April 16,2007

By STAFF EDITOR

As other foreign companies announce workforce expansion, Dell plans to reduce its staff in China by up to 13% at the end of this month.

Danone meets resistance from Wahaha in its acquisition bid

April 11,2007

By STAFF EDITOR

France’s Group Danone SA has been rebuffed by Hangzhou’s Wahaha Group, in which it has a 51% stake, in its attempt to acquire the beverage company. Danone currently has five join ventures with Wahaha, and the companies have an agreement that prevents Wahaha from competing with Danone’s products.

Dell begins selling cheap PCs in China

March 22,2007

By STAFF EDITOR

Dell, the world's second- biggest personal computer maker, started selling a cheap model in China to expand in a market where more than 90% of the population does not own PCs, International Herald Tribune reported.

Dabao Sale Stimulates Direct Sales Competition

March 19,2007

By AMY CHEUNG

Beijing Dabao Cosmetics Co is seeking investors to acquire 100% of its stakes, and market sources say Avon intends to be the buyer. Avon stands to further expand in China, and the potential acquisition heralds a new phase of competition in the country's direct sales industry.

Datang Embarks on Restructuring in Preparation for 3G

March 02,2007

By AMY CHEUNG

Recent reports say that the government is expected to inject 4 billion Yuan (US$506.33 million) into the Datang Group in order to support its internal restructuring. The move aims to better prepare Datang for the upcoming 3G license and TD-SCDMA network construction.

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Today’s Daily Briefs E-Mail

	Dalian anointed a special harbor July 02,2007 By STAFF EDITOR The northeastern port city of Dalian has been awarded special harbor status in a key step towards the establishment of a free trade zone between China, Japan and South Korea, the Shenyang Daily reported. The Dayaowan Bonded Harbor Area – situated in the Dagushan Peninsula northeast of Dalian – will enjoy preferential tax treatment. “The area will be tariff-free for foreign cargo and will offer tax rebates for domestic cargo,” said Zhang Shikun, director of the Dalian Bonded Area Administrative Committee. “Value-added tax and GST will also be removed if they trade with each other.” Dalian unveils software city plan June 22,2007 By STAFF EDITOR The northeastern port city Dalian wants to become an internationally leading software and outsourcing service provider, China Business News reported. “Dalian has a similar environment and infrastructure facilities as some developed countries do,” Xia Deren, the city’s mayor, said. “We believe Intel’s recent announcement it would invest US$2.5 billion in a chip project in the city will further the development of the software and outsourcing sectors and make the city more competitive.” Xia said Dalian’s software industry was worth nearly US$2 billion in 2006, including US$450 million in exports. 230 of the city’s 620 software firms are foreign owned, including 33 listed among the world’s top 500 companies by Fortune magazine. Xia added that the city needed to attract 15,000 new software employees every year to meet demand. Denso to make rail system in China June 20,2007 By STAFF EDITOR Denso Corp plans to invest US$32 million to build a plant in Changzhou, Jiangsu province, to produce diesel-powered rail systems, China Economy reported. The systems, which feature lower levels of nitrogen oxide and other particles in engine emissions, will roll off the assembly line from 2009. Denso is hoping to close the gap on German rival Bosch, which controls 70% of the international market for common rail systems compared to Denso’s 20% market share. Toyota controls a 23% stake in Denso. Direct trains boost Yangshan Port June 05,2007 By AMY CHEUNG New fixed direct trains originating in Shanghai and neighboring areas are changing the relationship between domestic and foreign port operators and transportation companies. Disney confirms interest in mainland theme park April 19,2007 By STAFF EDITOR Disney’s vice head of development for Asia Pacific confirmed plans for another theme park in China, saying “We are sure to build a second park in China in the long run, but we are now reviewing the market.” Dell cuts China staff April 16,2007 By STAFF EDITOR As other foreign companies announce workforce expansion, Dell plans to reduce its staff in China by up to 13% at the end of this month. Danone meets resistance from Wahaha in its acquisition bid April 11,2007 By STAFF EDITOR France’s Group Danone SA has been rebuffed by Hangzhou’s Wahaha Group, in which it has a 51% stake, in its attempt to acquire the beverage company. Danone currently has five join ventures with Wahaha, and the companies have an agreement that prevents Wahaha from competing with Danone’s products. Dell begins selling cheap PCs in China March 22,2007 By STAFF EDITOR Dell, the world's second- biggest personal computer maker, started selling a cheap model in China to expand in a market where more than 90% of the population does not own PCs, International Herald Tribune reported. Dabao Sale Stimulates Direct Sales Competition March 19,2007 By AMY CHEUNG Beijing Dabao Cosmetics Co is seeking investors to acquire 100% of its stakes, and market sources say Avon intends to be the buyer. Avon stands to further expand in China, and the potential acquisition heralds a new phase of competition in the country's direct sales industry. Datang Embarks on Restructuring in Preparation for 3G March 02,2007 By AMY CHEUNG Recent reports say that the government is expected to inject 4 billion Yuan (US$506.33 million) into the Datang Group in order to support its internal restructuring. The move aims to better prepare Datang for the upcoming 3G license and TD-SCDMA network construction. 1 2 3 4 5 6 7 8 9 10 Next	Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. MOST POPULAR Cement industry faces higher costs in 2nd half Cashmere product maker upbeat on ferrosilicon refining Shenzhen property developer acquires Jiangxi province firms 12 inch chip JV unveiled in Shandong NDRC sets trillion RMB revenue target for hi-tech incubator China Chengtong awarded state asset Shanghai announces 20 key manufacturing sectors Software exports up 45% through May New standards likely to drive up pharmaceutical costs Airbus supports new repair base in Sichuan province Go to Complete List >

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