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China News Focus
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.
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.
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)