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Construction


China’s steel sector speeds up restructuring amid global turmoil

Despite a shrinking demand and falling prices of iron and steel, mergers and acquisitions (M&A) within the industry happened one after another. Due to an oversupply of iron and steel, some poorly managed enterprises ... more »
2008-12-24
 

China's Sany Heavy Industry to build plant in Bedburg

China’s National Development and Reform Commission has recently given green light to Sany Heavy Industry Co., Ltd. to increase stake in Sany International Development Co., Ltd. and its project to build a research ... more »
2008-12-24
 

China to boost property sector with tax exemption

According to China’s Ministry of Finance, starting from 1st of November, China will exempt the stamp tax on property purchase and the value-added tax of land on property sales in order to boost the falling real ... more »
2008-10-23
 

Property prices in 70 large and medium-sized Chinese cities up by 3.5% in September

According to the survey by China’s National Development and Reform Commission (NDRC) and National Bureau of Statistics (NBS), average property prices in 70 large and medium-sized cities rose by 3.5 percent ... more »
2008-10-22
 

Ten key projects to be launched in western China

China’s National Development and Reform Commission said on its website that the country is to launch ten key projects in the western regions this year, aiming at boosting the economic and social development ... more »
2008-06-26
 

China's Beijing-Tianjin express rail has passed testing

China’s Beijing-Tianjin express rail completed and passed the test runs on 21st June 2008 and is scheduled to be put in use by 1st August ahead of the 2008 Olympic Games. According to the test records, the high-speed ... more »
2008-06-23
 

Quake-damaged Baoji-Chengdu railway reopened to traffic

The whole line of quake-damaged Baoji-Chengdu railway, a key north-south route in west China, reopened to traffic on 24th May 2008 after 283 hours of closure, allowing batch transport of disaster relief goods to China's ... more »
2008-05-26
 

China's post-earthquake rebuilding work to take three years time

LI Chengyun, vice governor of Sichuan Province, said on 23rd May 2008 that China's post-earthquake reconstruction work will take three years in the quake hit area and that the provincial government had planned to build ... more »
2008-05-26
 

China's second civil aerospace industrial base in Shaanxi broke ground

China's second national civil aerospace industrial base broke ground in Xi'an, capital of Shaanxi Province, on 8th April 2008. China’s National Civil Aerospace Industrial Base of Xi'an has signed an agreement ... more »
2008-04-14
 

China approved new bonded zone in Tianjin

China's State Council, the country's Cabinet, has approved a new bonded zone in Tianjin as a further move to boost the opening-up strategy in the northern coastal municipality. Located in Tianjin Binhai New Area, the ... more »
2008-04-14
 

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