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An eagle eye on China overseas investment:-
05 Mar 2019 – CASICloud sets up Hong Kong Cloud Network International Information Technology Co. Ltd. in Hong Kong 28 Feb 2019 – China Railway Group Limited sets up a subsidiary China Railway Philippines in the Philippines. 28 Feb 2019 - Beijing New Building Materials Public Limited Company to acquire a 100% equity stake of Sinoma (Hong Kong) Limited. 28 Feb 2019 – China Energy Engineering Group Tianjin Electric Power Construction Co. Ltd. sets up China Energy Tianjin Indonesia Co. Ltd. in Indonesia. 28 Feb 2019 – China Energy Engineering Group Science and Technology Development Co. Ltd. sets up a joint venture company China Energy Engineering Group Vietnam Power Station Servicing Co. Ltd. in Vietnam. 28 Feb 2019 - China Meheco Group Co. Ltd. increases registered capitals in Meheco (Hong Kong) International Company Limited. 28 Feb 2019 – Zhejiang Ocean Family Co. Ltd. to build five mega vessels in Kiribati for net-catching tuna fish. 28 Feb 2019 – Zhejiang Lygend Investment to set up a mineral mining company in the Solomon Islands. |
Industry Snapshot
SpotlightArts Appreciation
A jade dragon meanders through clouds.
Song Dynasty
Width 5cm. Length 6.9cm
Courtesy of National Museum of China
What to watch
27 Feb 2019 – Ever since the municipal of Shanghai launched a “single window” export tax rebate reporting and application system in early 2018, over 15,000 companies have been able to cut redundant reporting on 240 million items.
02 Feb 2019 - All industries in China directly invested US$129.83 billion in overseas projects and companies in 2018, posting a 4.2% growth over a year ago. 29 Jan 2019 – Zhejiang provincial government-owned companies earned stable incomes and profits, posting a double-digit growth in 2018. |
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Up-dating China economics
Time: Feb 2019 CPI +1.5% year-on-year, of which - CPI urban: +1.5% - CPI rural: +1.4% - CPI of food: +0.7% - CPI of non-food: +1.7% - CPI of food, cigarette, wine: +1.2% of which - fruit: +4.8% - poultry meat: +3.8% - vegetable: +1.7% - eggs: -7.4% - aquamarine: -2.5% - beef, pork:-0.9% - CPI of consumer goods: +1.1% - CPI of services: +2.1% - CPI of healthcare: +2.8% - CPI of education, entertainment: +2.4% - CPI of housing: +2.2% - CPI of transport, communication: -1.2% Source: National Bureau of Statistics of China A matter of fact -
China's 11 pilot free trade zones (FTZs): - Shanghai (approved in 2013) - Tianjin (2014) - Guangdong province (2014) - Fujian province (2014) - Liaoning province (cities of Dalian, Shenyang, Yingkou) - Henan province (Zhengzhou, Kaifeng, Luoyang) - Zhejiang province (Zhoushan) - Hubei province (Wuhan, Xiangyang, Yichang) - Chongqing (Liangjiang, Xiyung, Guoyuan) - Sichuan province (Chengdu) - Shaanxi province (Xi'an) |