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News

September 2010

Fall in Yangtze bulk index

29 September 2010
The Yangtze Dry Bulk Index, compiled by Yangtze River Administration under the Ministry of Transport, declined 2 per cent in September to 805.87. One sub-category of the index, coal, slumped 5.22 per cent to 767.62....

Jiangsu claims 35% of new ship orders

29 September 2010
Sources from Jiangsu government revealed that, during the first eight months of 2010, the province’s major shipyards secured orders for new vessels totalling nearly 2.5m dead weight tons, accounting to 35 per cent of th...

Go West policies create new consumers in interior

29 September 2010
Central government policies designed to speed up the development of China’s interior are having a major impact on the lives of rural households, according to a Xinhua report....

Poverty hard to eliminate, admits Sichuan official

29 September 2010
Senior officials in some of the poorest provinces in China’s interior admit that their battle against extreme poverty remains tough despite the progress made over the past 10 years, according to an article on the State...

Chengdu’s first metro starts operation

29 September 2010
The first phase of Chengdu’s No.1 metro line started operation on 29 September after more than four years of construction....

Work starts on Tibet railway extension

29 September 2010
Construction work began on 26 September on an extension of the Qinghai-Tibet railway, AFP reported....

UPS to apply for domestic China licence

29 September 2010
UPS plans to apply this week for a domestic parcel licence from China’s State Post Bureau, according to a report by the Financial Times....

Ford to build new engine plant in Chongqing

29 September 2010
Changan Ford Mazda Automobile is to build a new engine manufacturing plant in Chongqing at a cost of US$500m....

Shippers claim China is slowing handling of Japan goods

29 September 2010
Logistics companies claim that China has stepped up customs inspections of goods shipped to and from Japan, according to a report by AP....

Gree starts to build air conditioner base in Chongqing

29 September 2010
Construction started officially on 28 September of Gree Electric Appliances’ refrigeration industrial park in Chongqing....

Yueyang posts strong rise in container throughput

22 September 2010
Statistics from the Yangtze River Administration show that Yueyang’s container throughput in the first eight months of 2010 increased by 45 per cent year-on-year to 82,000 TEU, while that of general cargo grew by 12 per...

China to step up flood control measures

22 September 2010
Following the heavy rainstorms experienced this summer, China’s State Council has stressed the importance of improving improve river controls and preventing mountain floods....

Wuhu announces port expansion

22 September 2010
Shanghai-listed port operator Wuhu Port Storage & Transportation is to invest Rmb516m to expand handling capacity at its Zhujiaqiao terminal in the Yangtze River port of Wuhu, Anhui province....

Service frequency increase on Wuhan-Guangzhou line

22 September 2010
From 20 September, daily train services on one of China’s busiest railway lines –the Wuhan-Guangzhou express railway −were increased from 63 to 80 each way....

Cargoitalia starts Milan-Shanghai flights

22 September 2010
Italy’s Cargoitalia has started twice-weekly direct scheduled services between Shanghai Pudong airport and Milan, reported Cargonews Asia....

AirBridgeCargo targets central China

22 September 2010
AirBridgeCargo Airlines, part of Russia’s Volga-Dnepr Group, has started a twice-weekly all-cargo service between Zhengzhou airport in Henan province and Frankfurt, via Moscow....

Wuhu to introduce taxi security cameras

22 September 2010
Security cameras are to operate in all taxis in the city of Wuhu, Anhui province, according to a Xinhua report. The cameras, which will be installed in more than 3,000 taxis, are intended to keep drivers safe....

Maiden Europe flight for HP notebooks

22 September 2010
The first batch of HP notebooks made in Chongqing and flown to Europe has been transported to Belgium in just over 10 hours....

Digital Waterway completed in lower reaches

22 September 2010
The pilot project of the Digital Waterway programme on the 369km stretch of the Yangtze River between Liuhekou, Taicang and Nanjing was officially completed on 20 September, according to China News Services....

Chongqing to target Africa as a major consumer market

22 September 2010
The director of Chongqing Municipal Commission of Foreign Trade Li Jianchun said that local companies will be encouraged to target Africa as a major consumer market, following a recent fact-finding mission to the city by 16 s...

Taicang becomes sister port of Kaohsiung

22 September 2010
Taicang and Kaohsiung signed an agreement on 21 September to become sister ports....

Yangtze water level rises unexpectedly

15 September 2010
Yangtze maritime officials warned on Tuesday 14 September that the water level at Zhicheng in Yichang, immediately downstream of the Three Gorges Dam, had risen by two metres....

Barge capsizes near Three Gorges shiplocks

15 September 2010
On the evening of 10 September, the barge ‘Wangang 698’ carrying metal ore capsized after colliding into the navigation wall at the lower end of the northern shiplocks of the Three Gorges dam, the side that vessel...

Anhui to invest in Yangtze to attract industry

15 September 2010
Anhui provincial government vowed to increase investment in the Yangtze waterway to help facilitate industrial relocation from the coast to the interior, a waterway summit held in Wuhu was told on 13 September....

Yangtze-Mississippi Strategic Cooperation Forum

15 September 2010
The Honorable David T....

Taicang doubles direct services to Taiwan

15 September 2010
The Yangtze River port of Taicang has launched two additional direct services to Taiwan, reported Xinhua, bringing a total of four regular weekly services to this route. The port, situated about 50km upstream of Shanghai...

Shanghai port poised to eclipse Singapore

15 September 2010
Shanghai looks set to become world’s busiest container port this year as August figures put it ahead of Singapore in throughput....

Flood risk map in preparation

15 September 2010
Chinese authorities are drawing up a national flood risk map in an attempt to improve disaster control following the worst flooding in a decade earlier this year....

Students add to growing train passenger numbers

15 September 2010
China’s railways carried 162m passengers in August, an 8.1 per cent year-on-year growth, thanks to large numbers of students travelling prior to the start of the academic year, according to a statement released by the M...

TNT continues China expansion

15 September 2010
TNT is to invest US$216m in its road distribution network in China, reported IFW....

Direct Chengdu-Tokyo cargo flights begin

15 September 2010
Air China is to launch non-stop flights between Chengdu and Tokyo from 2 September, reported GCTL. The new flights will operate between Chengdu Shuangliu airport and Tokyo Narita airport on Wednesdays and Saturdays....

Chinese pilots found to have lied about qualifications

15 September 2010
An official investigation in China has discovered that more than 200 pilots lied about their qualifications or employment history, reported Aircargo News....

Upturn in air cargo volumes

15 September 2010
China’s leading airlines continued to show improvements in the amount of cargo carried, reported Shanghai Daily....

Ruihua invests in Wuhan electric auto base

15 September 2010
Yuanda Ruihua Electric Automobile has signed a contract to invest Rmb3bn to establish China’s first electric automobile industrial base in Wuhan, reported People’s Daily....

Geely seeks to produce Volvos in China

15 September 2010
Chinese automaker Geely and its newly acquired Volvo plan to build three assembly plants in the country to make Volvo cars, reported the Wall Street Journal, citing Li Shufu, chairman of Zhejiang Geely Holding Group....

Chongqing light rail sections to open in 2010

15 September 2010
Chongqing’s No. 1 light rail section from Chaotianmen to Shapingba and the No. 3 light rail section from Ertang to Jiangbei airport will open for trial operation in 2010, according to the municipal government....

Chongqing FDI rises 54% in first eight months

15 September 2010
According to official statistics, Chongqing attracted 133 foreign invested projects during the first eight months of 2010, with a realised foreign direct investment of US$2bn, up by 54 per cent year-on-year.

Chaina ’10 Live

15 September 2010
Zhang Tingting, Managing Partner at Yangtze Business Services, will speak at the Chaina ’10 Live event in Shanghai in November....

Yangtze container index rises in August

8 September 2010
Statistics released by the Yangtze River Administration, Ministry of Transport showed that container shipping prices rose in August as a result of surge in foreign-related traffic....

Three Gorges Dam gears up for new water level

8 September 2010
The water level of the Three Gorges Dam will be raised to 175 metres for the first time from 10 September, according to the Yangtze Waterway Bureau....

First LNG fuel stations for Yangtze

8 September 2010
Sources from the Yangtze River Administration say that bunkering services for liquefied natural gas will soon be available on the Yangtze....

Officials demand improved Yangtze water quality

8 September 2010
Concern over the poor environmental condition of the Yangtze River and the Three Gorges reservoir area was raised by officials at a recent press conference organised by the State Council Information Office, reported China Dai...

NOL marks official opening in Chongqing

8 September 2010
Singapore Prime Minister Lee Hsien Loong and Chongqing Mayor Huang Qifan helped commemorate the official opening of NOL’s Global Service Centre in Chongqing on 7 September....

Wuhan rail container hub opens for business

8 September 2010
On 5 September, the 22082 container train service carrying 112 TEU departed Wuhan Rail Container Hub, signalling the beginning of its full operation....

Industrial relocation plan revealed

8 September 2010
The Chinese government has unveiled plans to encourage low-end industries to relocate from coastal areas to inland provinces, reported Xinhua....

Hon Hai to scrap dorm provision in interior

8 September 2010
Taiwan’s Hon Hai Precision Industry, best known by its trade name Foxconn, is to change the way it conducts business on the mainland as it shifts its focus to the interior, said company chairman Terry Gou in an intervie...

CAL increases cargo flights to mainland

8 September 2010
China Airlines, Taiwan’s largest carrier, is to start all-cargo flight services between Taoyuan airport, situated about 40km from downtown Taipei, and the mainland cities of Xiamen, Nanjing and Fuzhou to meet rising dem...

Wisco profits rise 90%

8 September 2010
China’s third largest steel producer, Wuhan Iron and Steel, posted a 90 per cent rise in first-half net profit compared with a year earlier, Xinhua reported....

GSI expands in Jiangsu

8 September 2010
The Hong Kong-listed Guangzhou Shipyard International has leased a yard in Zhenjiang, Jiangsu province, as it looks to alleviate a logjam of orders....

Chongqing expressway to open early

8 September 2010
The Yunyang-Wushan expressway in Chongqing municipality will be opened to traffic on 20 September, 10 months ahead of schedule, according to a local government website. The 209km-long road, involving an investment of Rmb...

China’s cabinet meeting focuses on Yangtze

1 September 2010
China’s Premier Wen Jiabao chaired a State Council meeting on 25 August that focused on the development of the Yangtze and other inland rivers....

Yangtze throughput up 10.7% in August

1 September 2010
Statistics from the Yangtze River Administration, the Ministry of Transport show that cargo throughput reported in the major Yangtze trunkline ports increased by 10.7 per cent year-on-year to 110m tons in August....

Yangtze-Mississippi conference

1 September 2010
The inaugural Yangtze Mississippi Strategic Cooperation Forum will take place between 17 and 19 October in Chongqing....

CSCL returns to profit

1 September 2010
China Shipping Container Lines has reported a first half net profit of Rmb1.17bn, reversing a Rmb3.41bn net loss in the same period last year, Shipping Gazette reported....

Traffic jams plague northern China

1 September 2010
A 30km traffic jam on 27 August brought traffic to a standstill in a Hebei province section of the Beijing-Tibet expressway....

Wuhan adds another direct flight to Taiwan

1 September 2010
Starting from 28 August, Wuhan has added a new direct air service to Taiwan, bringing the weekly total of services to eight....

Air cargo JV wins CNDRC approval

1 September 2010
Air China and Cathay Pacific Airways have received permission from the Chinese National Development and Reform Commission to establish an air cargo joint venture, reported IFW....

Chongqing Iron & Steel confirms plant switch

1 September 2010
In a review of its operations in the first half of 2010, Chongqing Iron & Steel Group confirmed that it has closed its manufacturing operations in Dadukou district and moved to a new facility in Changshou district....

Sinopec announces expansion plans

1 September 2010
Sinopec has said that its subsidiary China Petroleum and Chemical Corp plans to increase annual crude oil processing capacity of Sinopec Yangzi Petrochemical by 56 per cent to 12.5m tons, or 251,000 barrels a day....

Pledge to invest more in hydropower

1 September 2010
China will boost its installed hydropower capacity by 90 per cent to 380m kW by 2020 in an effort to meet the country’s pledge at last year's Copenhagen climate conference to generate 15 per cent of its power from non-f...
     
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