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 Construction
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 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
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
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
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 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
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
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 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'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
It was announced on 1st April 2008 that Shanghai is expected to open a biggest new entertainment park, namely the Joy Valley Theme Park, within two years and that some of its entertainment attractions will be open to the ... more»
2008-04-07
A 36-km bridge spanning Hangzhou Bay near Shanghai will be open to traffic on 1st May 2008 in China. It will become the world's longest sea-spanning structure, cutting the length of road trip from Shanghai to Ningbo, ... more»
2008-04-07
Construction work at China's National Museum in Beijing has finally begun on a two-year enlargement project on 13th March 2008.According to Beijing Urban Construction Group Co. Ltd., once completed, the project ... more»
2008-03-17
China will build a two-track railway to link Beijing and the southeastern province of Fujian to boost the economic development of the coastal region close to Taiwan. A memo has been signed by China’s Ministry ... more»
2008-03-17
A Beijing Municipal Construction Committee spokesman said on 8th March 2008 that the main venue for China’s Beijing Olympics, the iconic "Bird's Nest" National Stadium, is expected to be completed ... more»
2008-03-10
Shanghai Railway Administration confirmed on 5th March 2008 that work on the high-speed rail linking Beijing and Shanghai will start anytime soon. According to WU Qiang, director of the administration, the high speed ... more»
2008-03-10
Recently, China has started the construction of its first low-altitude pilotless airplane base in Nanchang, capital city of China's Jiangxi Province in the south. With an coverage of 26.7 hectares land and a total ... more»
2008-03-04
As China's first step to build the most advanced nuclear power plant in the world, the excavation work of the world's most advanced nuclear reactor started in Sanmen City in China’s eastern Zhejiang Province ... more»
2008-03-03
China Southern Power Grid (CSG) announced recently that China's first submarine power cable, which would connect the provincial grids of Guangdong and the southernmost Hainan Island, will be laid through the Qiongzhou ... more»
2008-02-18
Shanghai Transport Planning Institute announced on 15th February 2008 that the construction on the new tunnel of Longyao Road Tunnel across the Huangpu River from the southern downtown area, linking the Shilong Road ... more»
2008-02-18
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