China Update by Synocus

China's mobile phone users exceed 600 million

Sunday, September 23, 2007

China has more than 600 million mobile phones users by June this year, which means every one in five mobile phone users is Chinese.

The number included 80 million personal handy phone (PHS) users, said Xie Feibo, vice dir ...

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Chinese share prices hit new high despite interest rate hike

Sunday, September 23, 2007

Last week’s Synocus China Update introduced the new policy to raise interest rate in China. The purpose for this higher interest rate is to divert money from investments to deposits, but Synoucs pointed out the influence could be uncertain. ...

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Voith plans "paper city" in Jiangsu

Sunday, September 23, 2007

Voith Paper, a leading papermaking company, will move its regional headquarters from Shanghai to Kunshan in Jiangsu Province next month, where it will construct a new paper center within a year.

The Germany-based firm sa ...

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Chinese stocks close higher for third straight day

Sunday, September 16, 2007

Chinese stocks closed slightly higher for a third straight day on Friday led by steel and cement.

The benchmark Shanghai Composite Index on the major Shanghai Stock Exchange rose 0.73 percent or 38.59 points to end at 5, ...

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HK shares surge towards 25,000 levels

Sunday, September 16, 2007

The benchmark Hang Seng Index was propelled to a third straight record close Friday, rising 22 percent, or 4,511 points, in the past month since it fell to 20, 387 on Aug. 17 over a global credit crunch sparked by U.S. subprime mor ...

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Science Minister calls for enhancement of energy-saving awareness

Sunday, September 16, 2007

Chinese Minister of Science and Technology has called for enhancement of citizens' awareness on energy-saving in a campaign recently held to publicize energy-saving knowledge.

In the campaign, the ministry has distribute ...

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Science, technology workers meet to discuss energy, environment issues

Sunday, September 16, 2007

More than 6,000 science, technology workers, as well as scientist-turned-entrepreneurs on Saturday started to sit together and discuss issues such as energy saving and environmental protection in Wuhan.

Among them were m ...

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Premier encourages foreign companies to build R&D centers in China

Thursday, September 06, 2007

Chinese Premier Wen Jiabao said Thursday that the Chinese government encourages foreign companies to build more research and development centers in China, at the opening session of the summer meeting of the World Economic Forum in northeast ...

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Premier Wen urges innovation in Chinese enterprises

Thursday, September 06, 2007

Chinese Premier Wen Jiabao said that innovation is his biggest expectation for Chinese new champions.

Wen made the remark while answering a question from World Economic Forum (WEF) Executive Chairman Klaus Schwab at the ...

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Premier Wen Jiabao Meets Finnish President at World Economic Forum

Thursday, September 06, 2007

Chinese Premier Wen Jiabao met with Finnish President Tarja Halonen at the summer meeting of the World Economic Forum (WEF) in Dalian.

Wen appreciated the efforts Finland had made in cementing China- Europe relations dur ...

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