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News

April 2009

State Council approves Lhasa urban planning blueprint

29 April 2009
Lhasa’s urban planning blueprint for the period 2009-2020 has recently won the approval of the State Council....

Chongqing to build public transport transit hubs

29 April 2009
The Ministry of Transport has designated Chongqing as an experimental location outside Beijing for the building of transit hubs, according to Chongqing Daily on 23 April....

Nanjing Waterway to order more than 20 vessels this year

29 April 2009
Nanjing Waterway Bureau is ordering more than 20 new vessels, including 10 speed boats, to help raise its capability to maintain the waterway under its remit, according to officials from the bureau. Separately, the Ministr...

Yangtze cargo throughput up 1.1% in April

29 April 2009
Cargo throughput of the major ports along the Yangtze trunkline reached 85m tons in April 2009, up 1.1 per cent over the same period last year. Out of this total, 11m tons were foreign trade related, up nearly 3 per cent....

Chongqing records 9% GDP growth

29 April 2009
Chongqing recorded a first quarter 2009 GDP of Rmb103.22bn, up 9 per cent year-on-year. This was 2.9 percentage points above the national average, and ranked sixth among the country’s interior regions....

No cheer for shipyards from Cosco

29 April 2009
China Cosco plans to cancel or postpone some of its ship orders, according to a report by the Financial Times....

Pledge to upgrade central China’s airports

29 April 2009
The Civil Aviation Administration of China (CAAC) will bolster the development of air transportation in central China, its deputy head Yang Guoqing said during the recent Expo Central China 2009 held in Hefei, Anhui province....

Chongqing aims to become regional financial centre

29 April 2009
Chongqing municipality said it would spend Rmb30bn to become a financial centre in the upper reaches of the Yangtze River by 2015....

SIPG posts 28 per cent profits fall

29 April 2009
Shanghai International Port Group’s net profit fell 28 per cent to US$108m in the first quarter of 2009 as a consequence of the global economic downturn, Shanghai Daily reported. The company handled a total of 5.56m...

New Chongqing bridge opens

29 April 2009
Chongqing Chaotianmen Yangtze River Bridge was due to officially open to traffic on 29 April. The bridge, located at the meeting point of the Yangtze and Jialing rivers, is 1,741 long....

Tunnel collapses affect Chongqing rail services

29 April 2009
Two collapses in a tunnel on the Yuhuai railway line between Tongren and Yangtou, both in Guizhou province, have caused a disruption to train services in the region....

Surge in fixed asset investment

29 April 2009
Fixed asset investment in China increased 28.8 per cent year-on-year to Rmb2,10bn in the first quarter of this year, according to the National Bureau of Statistics....

Taiwan retailer to build Taizhou supermarket

29 April 2009
The Taiwan-headquartered supermarket group RT-Mart has signed an agreement to open a new supermarket in Taizhou, Jiangsu province, reported China Retail News....

Big profits fall for Wusteel

29 April 2009
Wuhan Iron & Steel, China’s fifth-largest steel maker, reported a net profit of Rmb263m for the three months to 31 March, just one-eighth of the total made in the same period last year....

Wuhan to start new air cargo service

22 April 2009
A new same-day air cargo route will start from Wuhan at the end of May, flying to Chengdu and Hong Kong and then returning to Wuhan....

Zhangjiagang port bucks foreign trade trend

22 April 2009
According to the China Shipping News, Zhangjiagang port recorded a total foreign trade volume of nearly 8m tons in the first quarter of 2009, up 6 per cent year-on-year....

Chongqing repairs suspension bridge

22 April 2009
Chongqing is replacing cables at the country’s first major suspension bridge, the Stonegate Bridge, linking Shapingba and Jiangbei districts....

Wuhan Bonded Logistic Centre claims smooth start

22 April 2009
The East-west Lake Bonded Logistic Centre in Wuhan Export Processing Zone reported a total of 22 transactions in the first 20 days of its operation, worth a clearance value of US$2.2m....

Bridgestone increases Wuxi investment

22 April 2009
Japan’s largest tyre maker, Bridgestone, plans to invest an additional US$98m to expand capacity at its plant in Wuxi, Jiangsu province. The investment, scheduled to start in the second half of 2011, will enable the...

Fixed asset investment rises 29% in Q1

22 April 2009
China’s fixed asset investment in the first quarter of 2009 rose 28.8 per cent year-on-year to Rmb2,810bn, according to the National Bureau of Statistics (NBS)....

Plans to increase hydro schemes along Yangtze

22 April 2009
China will boost the use of hydroelectric resources along the Yangtze River in the coming decades despite, according to a strategic development plan of the river unveiled by the Ministry of Water Resources....

Yangtze alligator numbers increase

22 April 2009
The number of wild Yangtze alligators is expected to reach 300 from the current 120 in the next five to 10 years, an expert told China Daily. The endangered species are living and breeding in a wider area than in 2005, sai...

Sichuan reconstruction spurs cement output growth

22 April 2009
China produced a total of 280.49m tons of cement in the first quarter of 2009, an increase of 12.95 per cent compared with the same period last year, according to the National Bureau of Statistics (NBS). Cement output in s...

Chongqing Airlines receives first A319

22 April 2009
Chongqing Airlines has taken delivery of an Airbus A319, the first of three such planes leased from the International Lease Finance Corp. The aircraft can accommodate 122 passengers and will be deployed by the carrier on r...

Funding pledge for small airports

22 April 2009
Small airports are expected to receive government subsidies after being reclassified as public infrastructure under a new regulation, reported China Daily....

World Bank supports key transport schemes

22 April 2009
The World Bank has approved loans to two important transport projects in China. The first is a US$3000 loan that supports the GuiGuang Railway Project and the second is a US$150m to the Hubei Yiba Highway Project....

E-commerce retailer sets up logistics subsidiary

22 April 2009
360buy.com, a Chinese retail e-commerce company, has established a logistics subsidiary in Shanghai to improve distribution quality and efficiency, reported China Economic Review. The company has invested Rmb20m in the sub...

Shanghai to harmonise bus fares

22 April 2009
Bus fares in Shanghai’s urban and rural areas are to be harmonised by end of June....

Rebound in Chongqing’s foreign trade container throughput

22 April 2009
Chongqing recorded a foreign trade container throughput of 21,787 teu in March, up 28.8 per cent from the previous month....

Low water level problem eases on upper Yangtze

15 April 2009
The record low water levels on the upper reaches of the Yangtze have finally come to an end, according to the Yangtze Waterway Bureau....

SIPG aims for 29m teu this year

15 April 2009
Shanghai International Port Group announced on 10 April that it aims to handle 29m teu this year, a growth of 3.6 per cent over last year....

Guizhou’s waterway upgrade plan wins approval

15 April 2009
Experts have approved Guizhou’s plan to upgrade Wujiang River to link up with the Yangtze to the north. The four-year project involves 407km of waterway between the Wujiang River Ferry and Gongtan....

Problems mount for Go West campaign

15 April 2009
A conference initiated by the State Reform and Development Commission in late March concluded that the current worldwide economic crisis is creating significant problems for the Go West campaign....

Rural Gansu spends Rmb2bn on post-quake road reconstruction

15 April 2009
According to the Transport Commission of Gansu province, the central government has spent Rmb1.8bn in the eight ‘severely-affected’ counties and 36 ‘affected’ counties over the past year and will spend...

Chongqing and Shenzhen Airlines to explore air cargo hub plan

15 April 2009
Chongqing Mayor Wang Hongju and Executive Deputy Mayor Huang Qifan met with senior adviser of Shenzhen Airlines Mr Li Zeyuan in April and discussed their mutual interest in developing Chongqing as the air cargo hub in China&r...

Wuhan’s free bike trial declared successful

15 April 2009
Wuhan government’s trial free bicycle scheme that started last October has been deemed a success, with none of the 1,000 bicycles involved being stolen....

Whirlpool to close Shanghai plant

15 April 2009
The US-based home appliances giant Whirlpool will close its washing machine plant in Shanghai, reported China Sourcing News, cutting 600 jobs. Whirlpool’s washing machine output will be moved to the Hisense-Whirlpool...

Chery signs nitrogen deal with Praxair

15 April 2009
Praxair China has signed a contract to supply liquid nitrogen to Chery Automobile, one of the largest exporters of Chinese cars....

Wartsila sets up Shanghai supply chain centre

15 April 2009
Logistics services provider Longwin is joining forces with Finnish forwarding agent Wikestrom & Krogius to establish a supply chain centre for the marine and energy solutions company Wartsila in Shanghai....

Yangtze night sailing resumes in landslide section

15 April 2009
The night navigation ban at a section of the Yangtze River that has been threatened by a massive landslide was revoked on 8 April by the Yangtze River Administration of Navigational Affairs. The decision was made because t...

Wuhan rail marshalling station to open

15 April 2009
Wuhan North railway marshalling station, the largest in Asia according to local media, will be completed in mid-April. With a total investment of Rmb2.4bn and an area of 4.67 sq km, the station has 112 marshalling railway...

Wuhan logistics visit scheduled for 16 April

8 April 2009
On 16 April, Yangtze Business Services is organising a site visit to Wuhan for manufacturers and logistics providers....

Taicang becomes focus for Taiwan trade

8 April 2009
According to Taicang Port Authorities, 42 vessels from Taiwan called direct at Taicang in the first three months of 2009, making Taicang the major terminal for direct trade between Taiwan and Suzhou....

Influx of cargo upstream of Three Gorges

8 April 2009
According to statistics from the Three Gorges Administration relating to the first quarter of 2009, more cargo went upstream of the shiplocks for the first time....

Holiday yields 40% increase in rail numbers

8 April 2009
The Ministry of Railways estimated that passenger volumes during the Tomb-sweeping festival between 3 and 6 April jumped by 40 per cent to 21.6m compared with normal days, and up 12 per cent over the same period last year....

Gansu to start work on nine railway lines by 2010

8 April 2009
According to Gansu provincial government, an estimated total of Rmb160bn will be spent this year and next on starting construction of nine railway lines, including the Lanzhou-Chengdu line and the Baotou-Lanzhou line....

Changshu increases waste paper imports

8 April 2009
Changshu terminal reported a year-on-year growth of 5.6 per cent to 350,000 tons of imported waste paper in the first quarter of 2009....

Corus opens Suzhou service centre

8 April 2009
UK-based steelmaker Corus has opened a new service centre in Suzhou Industrial Park’s free trade zone, where an aerospace hub is being created. It will be used to supply China’s aerospace industry....

Chongqing airport cargo volumes rise 2 per cent in March

8 April 2009
Chongqing Jiangbei International Airport handled 15,120 tons of cargo in March, up nearly 2 per cent year-on-year. The local government plans to invest Rmb1.2bn in airport projects this year, including the third phase expa...

Air China to buy up cargo unit

8 April 2009
Air China said it plans to buy the 24 per cent stake in its cargo unit — Air China Cargo — that it doesn’t already own for US$105m, reported Cargonews Asia....

Yangtze fishing ban starts in lower reaches

8 April 2009
An annual three-month fishing ban on the middle and lower reaches of the Yangtze River came into effect on 1 April and will run until 30 June, said Hu Xuedong, deputy director of China Fishery Administration Commanding Centre...

Limits set on infrastructure investment by insurance funds

8 April 2009
The China Insurance Regulatory Commission has issued a notice that specifies the proportion of an insurance fund that insurers will be allowed to invest on infrastructure projects....

Chongqing-Guizhou railway wins approval

8 April 2009
On 1 April, the National Development and Reform Commission approved the construction of a new railway between Chongqing and Guizhou. The new line will be 345km long and will have a maximum speed of 250 kph....

Jiujiang’s oversize cargo terminal starts operation

1 April 2009
An operation licence was granted on 25 March to the oversize cargo terminal in Jiujiang, Jiangxi province....

Yangtze throughput continues to slide

1 April 2009
Cargo throughput on the Yangtze trunkline fell by 11.8 per cent to 78m tons in March 2009, while container throughput decreased by 24 per cent to 450,000 teu....

Wuhan to issue Rmb3bn infrastructure bonds

1 April 2009
Wuhan has been allocated a quota to issue three-year local government bonds worth Rmb3bn. This is part of a central government plan to allow local governments to issue bonds to finance public spending for the first time....

Wuhan air cargo facility starts operation

1 April 2009
The new cargo facility at Wuhan Tianhe Airport started operation on 30 March....

Changzhou waste-burning power plant gets go-ahead

1 April 2009
A project to turn 80 per cent of Changzhou’s daily waste into energy has passed the assessment of experts and started commercial operation....

Siemens opens first retail outlet in Nanjing

1 April 2009
Siemens opened its first-ever China retail outlet in Nanjing on 25 March, selling domestic electric appliances. The shop will stock Siemens products, both locally-made and imported....

Nike to close China plants

1 April 2009
US sportswear giant Nike plans to stop production at three footwear plants in China as part of a global drive to improve supply chain efficiency....

Dongfeng Motor launches national recall

1 April 2009
Wuhan-based Dongfeng Motor Co has begun a national recall of 5,014 sedans due to suspension flaws....

New bridge opens in Chongqing

1 April 2009
The Changshou Yangtze River Bridge, the first road bridge across the river in Chongqing’s Changshou district, formally opened in March. The four-lane, 1.2km bridge shortens the journey time between Changshou and Nana...

Chongqing Chemical Terminal opens

1 April 2009
Chongqing Chemical Terminal was opened to the public in Changshou district on 26 March....

First international flights for Anhui

1 April 2009
Anhui’s first direct international service started operation on 30 March, according to a provincial government website....

Nanjing tunnel reaches new depths

1 April 2009
The construction of the Nanjing Yangtze Tunnel, which began in September 2005, has reached a water depth of 60 metres, a landmark for the world-class tunnel-building technology that China claims to have mastered The 5,853...
     
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