 HK company bids 3b yuan for two Hangzhou lots
Wharf (Holdings) Limited in Hong Kong won the usufruct of two land lots in Hangzhou, capital city of eastern China’s Zhejiang province, for close to 3 billion yuan recently. |
Bottler says drinks safe
Haikou's Industrial & Commercial Administration Bureau said on Nov 23 that the company's product Peachate manufactured by its Guangzhou-based producer on Aug 22, together with two of Nongfu Spring's fruit beverage products, was contaminated by the toxic chemical arsenic. |
Nongfu Spring cleared of arsenic charges
Nongfu Spring, China's leading producer of bottled water and beverages, was cleared by the national quality watchdog of charges that its products contain high-level of arsenic, the Haikou municipal bureau of industry and commerce said Tuesday. |
Bid to put Nottingham's sport on international stage
The city of Hangzhou is a major regional capital, close to Ningbo and Shanghai, and is already cooperating with Nottingham to bring a major exhibition of silk to the Castle Museum in 2012. Hangzhou is also aiming to be one of China's top football cities, and wants Nottingham Forest FC to help them by working closely with their team 'Hangzhou Green Town'. |
Greentown bids RMB 428m for Hangzhou land
Hangzhou-based real estate developer Greentown China Holdings has purchased a 24,000-square-meter residential land parcel for RMB 428 million in Hangzhou, Zhejiang province, on December 1. |
Geely finances bid for Volvo
Chinese carmaker Geely, picked as the preferred bidder for Ford Motor's Volvo unit, is seeking at least $1 billion in loans from Chinese banks to back its $1.8 billion bid. |
Drinks leader 'all clear' on arsenic levels
Nongfu Spring, China's leading beverage and bottled water producer hit by high-arsenic-level accusations, said yesterday it had been exonerated by an all-clear report from the national quality watchdog. |
Foxconn to invest another 200 million in Hangzhou
Foxconn, the largest manufacturer of electronics and computer components worldwide and most well known for OEM for Mac mini, iPod and iPhone for Apple Inc, recently announced a plan to invest a total of 200 million dollars in new programs in Hangzhou Economic and Technological Development Zone over the next five years. |
Bottler refutes tainted claim
Nongfu Spring Co yesterday refuted the claim by Haikou city officials that two of its beverages were contaminated with the toxic chemical arsenic, and complained about the way local officials have handled the entire episode. |
Wal-Mart opens next month in E China
An international shopping chain, Wal-Mart, will be open to the public in Hangzhou Impression City on December 23. |
Wahaha considers Taiwan alliance
Hangzhou-based Wahaha Group Co Chairman Zong Qinghou is reportedly considering an alliance with Taiwan. |
Alipay to become world's No 1 e-payment firm
China's No 1 online payment firm Alipay is expected to top eBay Inc's unit PayPal by transaction value in two years to become the world's leading e-payment service, Alipay's president said on Tuesday. |
Financial crisis hitting women workers harder
The global financial crisis had a profound effect on China's economic and social structure. The country's economic growth slowed and its economic structure underwent various adjustments. |
China urges increase of gas output, imports
China's top economic planner, the National Development and Reform Commission (NDRC), Wednesday urged major natural gas providers to further boost production and seek imports to ease the gas shortage. |
MOU to be signed for Hangzhou-Singapore Eco-Park
Hangzhou’s municipal government will sign a Memorandum of Understanding (MOU) with Singapore’s Homegrown Cleantech Partners Pte Ltd (CTP) - a consortium of local firms – to jointly master-plan, develop and promote the Hangzhou-Singapore Eco-Park (HSEP), making it the first multibillion-dollar project in China initiated by the private sector. |
Market blamed for gas pains
Energy analysts have blamed the country's "monopolistic natural gas market" for one of the most serious gas shortages in decades, made worse by high gas consumption amid freezing temperatures and snowstorms in the south. |
Responsible monetary policies urged
Countries whose currencies are held as reserves by global central banks are failing to take sufficient account of the global repercussions of their domestic policy stances, Assistant Finance Minister Zhu Guangyao told a financial forum last week in Beijing. |
A high-end market for hair accessories
Since last June, Shiamas has launched 20 Alexandre Zouari Paris hair accessory stores in 12 Chinese mainland cities, including Shanghai, Guangzhou, Shenzhen and Hangzhou, via cooperation with regional agents. |
Contract signed on low carbon technology park
A ceremony was held yesterday to commemorate the signing of agreement on Hangzhou-Singapore low carbon technology park project in Hangzhou Qianjiang Economic Development Zone. |
China’s motor leader eyes auto plant in the Philippines
Dongfeng Motor Co Ltd, China’s third-largest car and bus maker, has expressed interest to put up an assembly plant in the Philippines. |
