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  • November 27, 2014
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  1. News - China - APEC SUMMIT

    Differences between China, US evident despite agreement in some areas

    Posted Nov 13th 2014, 03:47am by Cary Huang

    ... such as the new security concept for Asia and the establishment of the Asian Infrastructure Investment Bank and the Silk Road Fund." "It goes without saying that law and order must be maintained ...

  2. Audits show 57b yuan misused or embezzled

    Posted Dec 30th 2008, 12:00am by Cary Huang

    ... and problems related to 'grain reserve safety, overseas investment risks and national energy safety'. Next year the audit office will focus on the new infrastructure projects recently ... infrastructure, to boost growth of the world's fourth-largest economy amid the global downturn. Since 1999 rolling audits of government departments, agencies and government-owned companies, dubbed ...

  3. Fixed-asset investment grows 26.8pc on state-led spending

    Posted Dec 17th 2008, 12:00am by Cary Huang

    ... announced a trillion yuan stimulus package, most of which will be spent on infrastructure projects such as railways and roads to boost growth amid the global downturn. Sherman Chan, a regional ... ahead. The main source of support for investment growth, Ms Chan noted, was infrastructure development, funded by both central and local governments. But as construction projects were unlikely ...

  4. Retail sales rise slows to 22pc on softening demand

    Posted Nov 13th 2008, 12:00am by Cary Huang

    ... and export growth, and sluggish property prices. Recent statistics underline the need for Beijing to stimulate economic growth by boosting domestic consumption and increasing infrastructure investment. On Sunday, the State Council announced a 4 trillion yuan stimulus package to invest in infrastructure, health care, education and environmental protection to offset slowing growth. ...

  5. Shantou's building binge

    Posted Feb 03rd 2009, 12:00am by Cary Huang

    ... never recovered from the Asian financial crisis of the late 1990s. Nevertheless, the city is now in a rush to build a new airport and several other big infrastructure projects as municipal ... the public could pay. Immediately after the central government unveiled its 4 trillion yuan (HK4.54 trillion) stimulus package to build roads, railways and other infrastructure, lower-level ...

  6. 420b yuan of stimulus package already spent

    Posted May 07th 2009, 12:00am by Cary Huang

    ... which is overseeing the stimulus spending- said the central government had already invested 300 billion yuan on major infrastructure projects, health care, education, affordable housing ...

  7. Mainland's finances face hard year, says minister

    Posted Jan 06th 2009, 12:00am by Cary Huang

    ... such as transport, telecommunications, energy and infrastructure. The mainland's fiscal revenue probably exceeded 6 trillion yuan last year, up about 19 per cent from 2007, Mr Xie said. This followed ...

  8. Record 627 billion yuan profit for top state firms

    Posted Jan 24th 2006, 12:00am by Cary Huang

    ... of many of the firms in the areas of infrastructure, telecommunications and power generation on the mainland. They include the likes of China Mobile, the biggest mobile phone operator ... infrastructure, raw materials and key technologies he said needed to be controlled by government. As one of the initiatives to restructure the giant state firms, Sasac announced on Sunday that it would ...

  9. Mainland's producer price rise falls to 6.6pc

    Posted Nov 11th 2008, 12:00am by Cary Huang

    ... (HK$4.54 trillion) stimulus package to invest on infrastructure, health care, education and environmental protection. It also said the monetary policy had shifted to 'moderately easy' ...

  10. 5 layers of security for high-speed inter-city rail link

    Posted Jul 31st 2008, 12:00am by Cary Huang

    ... every three minutes during rush hour. Tickets will be sold and checked by automated machines. The mainland has spent billions of yuan on infrastructure projects in and around Games-related ...




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