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China News Focus
An eagle eye on China overseas investment:-
30 Mar 2018 – Dongxing Securities Co. Ltd. to increase capital investments in Dongxing Securities (Hong Kong) Financial Holdings Co. Ltd.
30 Mar 2018 – PowerChina Resources Limited to set up a joint venture PowerChina Overseas Investment (Thailand) Co. Ltd. in Thailand.
30 Mar 2018 – PowerChina Resources Limited to build a coal-fired power plant of 350MW in Barguna, Bangladesh.
30 Mar 2018 – Shenzhen Investment Holding Co. Ltd. makes equity investments in Hopewell Highway Infrastructure Limited of Hong Kong.
30 Mar 2018 – China Merchants Securities Co. Ltd. to increase capital investments in China Merchants Securities International Co. Ltd.
30 Mar 2018 – China Huadian Corporation Ltd. to set up China Huadian Overseas Assets Management Co. Ltd. in Hong Kong.
30 Mar 2018 – BROS Eastern Co. Ltd. to increase capitals in BROS (Vietnam) Co. Ltd. and to invest in building a production plant in B zone, Vietnam.
30 Mar 2018 – China Investment Overseas Direct Investment Co. Ltd. to acquire equity investments in HGC Global Communications Limited.
30 Mar 2018 – Xinjiang Xintai Natural Gas Co. Ltd. to acquire some equity stakes in AAG Energy Holdings Ltd. in Hong Kong.
30 Mar 2018 – JIC Investment Co. Ltd. to participate in the IPO of China Boqi Environmental (Holding) Co. Ltd. in Hong Kong.
30 Mar 2018 – Sinohydro Corporation Ltd. to increase capital investments in Sinohydro (Thailand) Co. Ltd.
30 Mar 2018 - China Machinery Engineering Corporation (CMEC) to set up CMEC Lao Co. Ltd. in Laos.
30 Mar 2018 – China Road & Bridge Corporation to invest in constructing the Phnom Penh-Sihanoukville Highway in Cambodia.
30 Mar 2018 – China Merchants Energy Shipping Co. Ltd. to place shares for acquiring a 100% equity stake of Sinomarine (Hong Kong) Co. Ltd. and Hengxiang Holdings Group Co. Ltd.
28 Mar 2018 – China FAW Group Co. Ltd. sets up China FAW USA Research and Development Co. Ltd.
28 Mar 2018 – China Sinopharm International Corporation to set up Sinopharm Pan-Caribbean Limited in Jamaica.
28 Mar 2018 – China CAMC Engineering Co. Ltd. to set up Andes Power Utility Co. Ltd. in Colombia.
28 Mar 2018 – China Electronic Imports and Exports Corporation (CEIEC) to set up a subsidiary in Bolivia.
What to watch
18 Apr 2018 – China’s Europe-bound cargo railway line, starting at Chengdu, Sichuan province and going inland to continental Europe, will stop at Vienna, Austria for the first time.
18 Apr 2018 - Yunnan's Puer tea tops the rest of Chinese brands with a brand value of RMB6.41 billion, ranked first among China's top ten branded goods.
17 Apr 2018 – China Development Bank had total assets of a value of RMB15.55 trillion as of the end of March, keeping non-performing loans within 1% for 52 quarters in a row.
16 Apr 2018 – China traded goods of over US$5 trillion with countries and regions along “Belt and Road” in the last five years (2013-17), pouring over US$70 billion of investments directly in these places.
15 Apr 2018 – Guangxi’s Beibu Gulf Port Group has acquired a 100% equity interest of JAALA Asset Management Limited of Hong Kong, extending its arms to the world through the financial market of Hong Kong.
14 Apr 2018 – Shanghai Pharmaceuticals Holding Co. Ltd. signed strategic alliance framework agreements with Tenth People’s Hospital of Tongji University, jointly building a cancer center at Tongji University and co-developing CAR-T cancer immune therapies, cell-based and gene-based treatments.
12 Apr 2018 – CNOOC Tianjin LNG Co. Ltd. has just received 63,000 tons of LNG from Australia, planning to distribute the LNG to markets in Beijing, Tianjin and neighbouring Hebei province.
11 Apr 2018 – Jiangxi Construction Group and a local company Rudranee Infrastructure Ltd. of India have won a tender of Rupee 8.5 billion to construct three roads in Nanded District, Maharashtra of India.
10 Apr 2018 – Liuzhou Wuling Automobile Industry Co. Ltd. of Guangxi has formed a joint venture with American Axle & Manufacturing (AAM) to make driveline systems.
10 Apr 2018 – The municipal government of Guangzhou, Guangdong province is said to promote the creation of at least 10,000 technology companies by 2020, making the city tech-savvy for opportunities.
1 Apr 2018 – Sinopec Shanghai Petrochemical Co. Ltd. has launched its automobile-used PVB resin for commercial production, breaking a market which used to be foreign-controlled.
Up-dating China economics
Time: Jan-Mar 2018
GDP: 6.8% year-on-year
- GDP of primary industry: 3.2%
- GDP of secondary industry: 6.3%
- GDP of tertiary industry: 7.5%
- GDP of industries: 6.5%
of which manufacturing: 6.7%
- GDP of construction: 5.4%
- GDP of wholesale & retail: 6.8%
- GDP of transport, warehousing and postal services: 7.7%
- GDP of lodging, restaurant: 7.1%
- GDP of financials: 2.9%
- GDP of real estate: 4.9%
- GDP of leasing, commercial services: 10%
- GDP of information transmission, software, and IT services: 29.2%
- Per capita disposable income: RMB7,815 (+8.8% nominal, +6.6% real)
Source: National Bureau of Statistics of China
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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)