China Update by Synocus

China rescheduled national holiday plan

Saturday, December 15, 2007

The Chinese government on Sunday officially announced the new arrangement of public holidays.

The new national public holiday plan adds three traditional festivals - Tomb-Sweeping Day, Dragon-boat Festival and Mid Autumn ...

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China to raise reserve requirement ratio by 1%

Saturday, December 08, 2007

China will raise the reserve requirement ratio by one percentage point for commercial banks in an effort to cool the booming economy, the central bank announced Saturday.

The move, which will take effect on Dec. 25, will ...

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China to produce nearly 500m mobile phones this year

Saturday, December 08, 2007

China is likely to produce nearly 500 million mobile phones in 2007, or more than 40 percent of the world's total, sources with the economic restructuring and operation department of the Ministry of Information Industry predicted yesterday. ...

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Nokia Siemens Network launches innovation base in China

Saturday, December 01, 2007

Nokia Siemens Network opened an innovation center here on Friday to develop software technologies. The Innovation Software Park covers 22,000 square meters of a state-level high-tech industrialization zone in Hangzhou, a scenic city in east ...

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Industrial database under way in China

Saturday, December 01, 2007

The State Environmental Protection Administration (SEPA) is developing an information platform for industrial companies to help them identify the technologies they need to meet strict new emission standards, an official said yesterday.

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China's yuan breaks 7.4 mark against U.S. dollar

Saturday, November 24, 2007

China's currency, the yuan, Friday hit a new high against the U.S. dollar for the second consecutive day, breaking the 7.4-yuan mark, according to the Chinese Foreign Exchange Trading System.

The central parity rate of t ...

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Wartsila makes its mark in China with bigger plant

Saturday, November 24, 2007

MARINE engine and propulsion maker Wartsila has expanded its presence in China by opening an extension to its first wholly owned thruster production plant at Wuxi in Jiangsu province.

The Finnish engine maker has investe ...

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China launches first patent week to promote IPR protection

Saturday, November 17, 2007

China launched its first ever "Patent Week" on Friday, Nov.16, to promote patent protection, the State Intellectual Property Office (SIPO) said.

Trade fairs, exhibitions and lectures will take place in Beijing a ...

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Hong Kong and Finland in joint stamp issue

Saturday, November 10, 2007

Hong Kong and Finland jointly issued four special stamps on Nov.03, featuring fine woodwork from China and the Scandinavian country.

Ken Li and Markku Kosonen designed the "Hong Kong, China-Finland Joint Issue on Fin ...

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Salary size set for white-collar jobs in China

Saturday, November 10, 2007

So, how much do you think someone has to make to be categorized a white-collar employee in China?

Depends on where he or she lives; and the difference can be substantial.

The Chinese Academy of Social ...

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