Chongqing to boost high-tech enterprises

Chongqing will start the Growth Plan for Enterprises in 2012, for accelerating the cultivation of high-tech enterprises. It is reported that Chongqing has achieved significant success in the cultivation of high-tech enterprises in recent years. The number of Chongqing’s high-tech enterprises added up to 951 in 2011 with1,832 high-tech products. The gross industrial output of […]

New Zealand seeks cooperations in Chongqing

Tim Groser, New Zealand Trade Minister, visited Chongqing with NZ commercial delegation on March 22. And Groser encouraged Chongqing enterprises to invest in New Zealand and also hoped for in-depth cooperation with Chongqing. New Zealand dairy producers are looking for new investment points in Chongqing, and NZ government will consider establishing a farm in Chongqing […]

Chongqing-Hunan Highway to be open

Chongqing-Hunan Highway to be open

Chongqing-Hunan Highway will be open to traffic on March 31. The Highway is more than 800 km long, among which Chongqing section is 413 km, and Hunan section is about 400km. It will only take about 8 hours to drive from Chongqing to Changsha after the highway is fully open. The tourism development of the […]

Chinese man faces deportation for running brothel network

A Chinese man faces deportation after being found guilty and sentenced to over 3.5 years for running a network of brothels across the south and east of England. Kun Yi He, aged 39, of Hunters Road in Chessington, though formerly of Totteridge Road in High Wycombe, was arrested during a series of raids by UKBA […]

Chongqing allocates 20 million yuan for small enterprises

Chongqing Bureau of Small and Medium-sized Enterprises (CBSME) will invest 20 million yuan in building incubators for small enterprises with a year-on-year increase of 16 million yuan this year. CBSME will fulfill the supporting policies for the incubators and boost the healthy development of relevant enterprises in 2012. Chongqing has successfully created 129 incubators for […]

Zhang Dejiang meets Acer chairman Wang Zhentang

Zhang Dejiang meets Acer chairman Wang Zhentang

Zhang Dejiang, a member of the Political Bureau of the CPC Central Committee, vice premier of the State Council and secretary of the CPC Chongqing Municipal Committee, met Acer chairman Wang Zhentang and his delegation which were to attend China (Chongqing) International Cloud Computing Expo on March 21, 2012. Zhang said Acer is a world […]

China, Mongolia expand currency swap deal

The People’s Bank of China (PBOC), the country’s central bank, announced Wednesday that it has signed supplementary currency swap agreements with the Bank of Mongolia, doubling the scale of a 2011 bilateral swap deal. The supplementary currency swap agreement allows the two central banks to swap 10 billion yuan/2 trillion togrog (about 1.6 billion U.S. […]

U.S. e-payment giant PayPal plans to enter China

U.S. e-payment giant PayPal plans to enter China

EBay Inc’s PayPal is one of the largest names in the online payment industry. Now the company is planning to tap the Chinese markets. PayPal services are already used by merchants in the country to facilitate cross-border international payments. The company’s plan is to make its online payment services available for domestic use as well. […]

WWII artillery shells found in Northeast China

Four artillery shells discarded by Japanese troops around the time of World War II have been found in northeast China’s Heilongjiang province, local police said Tuesday. The shells, about 18 cm in length, were unearthed 2 meters underground at two construction sites on March 7 and 8 in Qiqihar city’s Tiefeng district, said an officer […]