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Smoothin china sunglasses g the Way: China’s Logistics Industry Smoothin china sunglasses g the Way: China’s Logistics Industry
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Smoothing the Way: China’s Logistics IndustryPublished: 06 Apr 2009 17:41:30 PSTWith its infrastructure boom roaring on, China has prided itself on a sprawling and ever-faster logistics and transportation network that stretches across the country. But is the network strong enough to resist disruptions? Probably not. POWER LIFT: China is undertaking a series of measures to spur its logistics industry with its weighty importance to the national economy(CHEN HAINING)Problems during last year’s snowstorm show why. Under the heavy weight of snow and sleet, the seemingly strong logistics system ground to a halt. A number of airports and highways in south China were shut down, threatening to block food supplies. Snow drifts hampered the already challenged railway transport of coal needed for power generation, leaving millions in the dark and cold.But policy-makers have learned a lesson from the transport crunch. The State Council recently devised a revitalization program for the next three years in an effort to make the transport system more efficient, and more importantly, boost the entire logistics industry. It is the first time the government has created such a sweeping package, laying out long-term goals for the industry. And analysts say it could serve as a curtain raiser for future policies in the sector.COLLISION COURSE: China’s logistics sector faces slower growth because of the economic downturn and fragmented industry structure (By YANG SHIYAO) The program aims to build a modern logistics system in several ways. First, it would broaden market demand for logistics services, encourage manufacturers to farm out their supply-chain management, and improve the professional services of logistics companies. Second, it would accelerate mergers and acquisitions in the sector to nurture a number of internationally competitive logistics enterprises offering superior services. Third, it would develop logistics services in major sectors such as energy, mining, automobiles, agricultural production and pharmaceuticals. Fourth, it would press ahead with infrastructure construction and enhance standardization in the industry.In addition, the program also calls on relevant authorities to deepen reforms of the oversight system and strengthen the training of professional talent. Nine key projects also are included in the program, including fostering distribution centers, promoting urban delivery and wholesale and rural logistics, and building information platforms.Last but not leastLogistics was the last item to be included on the government’s industry revitalization agenda, but it certainly was not the least.As a composite service industry combining transport, storage, freight agencies and express delivery, it is known as the ”enabler of commerce.” From warehouse management to home delivery, logistics services provide efficient connections between each link of the industrial supply chain. On a global scale, cross-continent shipping has been one of the driving forces of today’s dynamic global trade.By dubbing it a pillar industry in expanding domestic demand and creating jobs, policy-makers are also sending a strong signal that they are not leaving the logistics firms alone in shaking off the current economic downturn.”Logistics has always been at the heart of the national economy,” said Ou Xinqian, Vice Minister of Industry and Information Technology. ”As the transport and distribution basis for a number of major sectors, it holds the key to the country’s industrial recuperation.”Moreover, the prosperity of such a productive service industry helps the nation’s drive to rely more on services for economic growth, he added.Turnaround on the wayBut strained by current dismal economic prospects, the once-smooth logistics system is losing its shine.</Pクレジットカード 現金化 口コミ 外汇保证金 Aloe vera 香港花店 弹簧 搅拌机 rta kitchen cabinets furniture legs kitchen cabinets
Chinese lithium batteries stocks up 0.89% on Thu Chinese lithium batteries stocks up 0.89% on Thu
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Chinese stocks up 0.89% on ThuPublished: 13 Aug 2009 00:21:23 PSTTop 5 News From ChinaKnowledge.comBoCom plans to set up insurance unit this yearCBRC grants QFII license to Korean Investment TrustChina’s foreign trade to reach US$2 trln in 2009: MOCCapital Group sells 15 mln H shares of China ShenhuaChina’s fiscal revenue up 10.2% in JulAug. 13, 2009 (China Knowledge) – Chinese stocks ended higher on Thursday, led by bank and real estate stocks.The benchmark Shanghai Composite Index, which covers both A shares and B shares on the Shanghai Stock Exchange, increased 0.89% or 27.84 points to close at 3,140.56 points after fluctuating between 3,150.36 and 3,060.12 points. The Shenzhen Component Index on the smaller Shenzhen Stock Exchange grew 1.68% or 211.24 points to 12,802.91 points, after touching an intraday low of 12,383.19 points. Gainers in the Shanghai market outnumbered decliners 444 to 359, while 53 were unchanged. Aggregated turnover on the two bourses was RMB 214.33 billion. Bank stocks ended higher. China Construction Bank Corp<601939><0939>, one of the country’s Big Four state-owned commercial banks, swelled 5.74% to close at RMB 6.08. Bank of Communications<601328><3328> grew 1.91% to RMB 9.61.Property stocks also ended higher. China Vanke Co Ltd<000002><200002>, the country’s largest publicly traded residential property developer, rose 1.99% to RMB 12.79. Shenzhen Overseas Chinese Town Holding<000069> jumped 6.23% to close at RMB 23.35.Nonferrous metal firms were gainers. Aluminum Corp of China Ltd<601600><2600><ACH>, the nation’s largest aluminum producer, increased 4.3% to RMB 16.97. Shenzhen-listed Yunnan Copper Co Ltd<000878> jumped 10.01% to RMB 33.09.Coal stocks ended higher. Shanxi Lu’an Environmental Energy Development Co Ltd<601699> increased 3.28% to RMB 46.65. Datong Coal Industry Co Ltd<601001>, the country’s second-largest coal producer by capacity, rose 4.08% to RMB 42.9.Insurers were among the winners. China Pacific Insurance (Group) Co Ltd<601601> rose 1.76% to close at RMB 24.27. Ping An Insurance (Group) Co<601318><2318> increased 1.11% to stand at RMB 53.82. Liquor makers suffered losses. Kweichow Moutai Co Ltd<600519> declined 2% to RMB 162.94. Tuopai Yeast Liquor Co Ltd Sichuan<600702> decreased 0.91% to RMB 17.4.Home appliance makers also suffered losses. Hisense Electric Co Ltd<600060> fell 0.91% to close at RMB 17.4. Gree Electric Appliances Inc of Zhuhai<000651> decreased 0.86% to RMB 20.84.Copyright © 2009 http://www.chinaknowledge.com减速机 カード 現金化 比較 ショッピング枠現金化 自清洗过滤器 外匯買賣 FX 比較 ready to assemble kitchen cabinets air conditioner motor cheap kitchen cabinets
UPDATE 1 Camisetas de fútbol baratas -Chalco shares suspended after reshuffle news UPDATE 1 Camisetas de fútbol baratas -Chalco shares suspended after reshuffle news
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UPDATE 1-Chalco shares suspended after reshuffle newsPublished: 10 Feb 2009 00:10:26 PSTHONG KONG/SHANGHAI, Feb 10 – Trading in shares of Aluminum Corporation of China Ltd (Chalco) <2600.HK><601600.SS> was suspended on Tuesday in Hong Kong and Shanghai, a day after news reports of the company’s senior management reshuffle.No further details were immediately available from the Hong Kong Stock Exchange.A Shanghai Stock Exchange statement said that Chalco’s shares would be suspended on Tuesday as it needed to clarify media reports.Officials on Chalco’s board were unavailable for comment.The suspension came after news that Chalco’s Chairman Xiao Yaqing would step down as president of Chalco’s parent company, Aluminum Corp of China (Chinalco). [ID:nSHA170922]Chalco shares ended up nearly 7 percent in Hong Kong and closed at its 10 percent upside daily limit in Shanghai on Monday.Xiao, who led Chinalco to become the top shareholder of mining giant Rio Tinto <RIO.AX><RIO.L>, was set to serve as vice secretary general of China’s cabinet, the State Council, Hong Kong’s Ming Pao Daily said in a commentary, citing unidentified sources.Ming Pao Daily ascribed Xiao’s move as a step to promoting more young officials to the central government.除湿机 solid wood kitchen cabinets ショッピング枠 現金化 门禁 外匯買賣 ビジネスローン skateboard bearings in stock kitchen cabinets 喷丝板
CNMG’s b Vitiligo id for Zambian copper mine wins gov’t approval CNMG’s b Vitiligo id for Zambian copper mine wins gov’t approval
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CNMG’s bid for Zambian copper mine wins gov’t approvalPublished: 15 Oct 2009 02:02:01 PSTChina Nonferrous Metals Mining Group Co. Ltd.’s (CNMG) acquisition of Zambian Luanshya Copper Co. won final approval from China’s State Administration of Foreign Exchange (SAFE) Tuesday.The deal marks CNMG’s third overseas purchase of mines and the second investment in Zambian copper mines following the State-owned nonferrous metal company’s acquisition and exploitation of the Zambian Chambishi copper mine in 1998."The purchase adds nearly 3 million tons of resource reserve to CNMG and the company is striving to increase its total capital to 50 billion yuan by the end of this year," Luo Tao, president of CNMG said Wednesday at a media conference.Though the contract bid is worth $50 million and CNMG will have an 80 percent stake in the Zambian mine, the deal actually costs less for CNMG. The Zambian government has agreed to give a rebate of $9.8 million in mineral resource tax to CNMG, which means the transaction could be less than 20 percent of the stated agreed price.The Luanshya copper mine is located in a copper belt in Zambia which is called the "country of the copper mine". Due to the financial crisis, the Luanshya Copper Company suspended business in 2008 and then its majority shareholder, Enya Holdings announced its withdrawal from Luanshya. Therefore, the Zambian government decided to seek a new investor for the company.CNMG won the bid on May 8 this year and took over the Luanshya Copper Company in June. Explore the World, Understand China!Please log on http://www.gloaltimes.cnOA クレジットカード ショッピング 現金化 风机箱 washing machine spare parts 翻译公司 クレジットカード 現金化 口コミ miniature bearings elevator manufacturer 激光打标机
BEA inte led strip rested in buying stakes in smaller mainland banks BEA inte led strip rested in buying stakes in smaller mainland banks
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BEA interested in buying stakes in smaller mainland banksPublished: 25 Dec 2008 22:11:34 PSTDec. 26, 2008 (China Knowledge) – The Hong Kong-based Bank of East Asia (BEA)<23>, the city’s fifth-largest bank by market value , is reportedly considering to purchase stakes in smaller Chinese banks and widening its deposit base on the mainland to finance its expanding RMB business, according to a report by the official China Daily.BEA’s chairman and chief executive David Li said in an interview with the newspaper that the bank is ”very interested” in buying stakes in smaller Chinese banks. Some other foreign banks, including HSBC and Citibank, have also bought into Chinese banks.Li said BEA has plans to widen its deposit base by ”offering better services, rates and bonus points to people”.BEA has already looked at over 20 city commercial banks and rural cooperatives on the mainland, Li said, adding that the lender wants to make certain whether what it buys into may add value to both sides.On Tuesday, BEA issued RMB-denominated credit card on the mainland, becoming the first foreign bank to issue credit cards of this kind.Copyright © 2008 http://www.chinaknowledge.comSend feedback or comments to: news@chinaknowledge.comFor more news, financial weekly reports, business guides to China and other premium information, subscribe to China Knowledge today: To access our page on Bloomberg, type CKFI Related TopicsChina News北京翻译公司 passenger elevator 管理咨询 kitchen cabinets on sale カード 現金化 比較 老房子 实验室家具 热处理设备 弹簧
JPMorgan sanitary check valves retains "buy" rating on Air China’s H shares JPMorgan sanitary check valves retains "buy" rating on Air China’s H shares
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JPMorgan retains "buy" rating on Air China’s H sharesPublished: 03 Nov 2009 20:23:43 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 4, 2009 (China Knowledge) – U.S.-based financial holding company JPMorgan Chase & Co has again assigned a rating of ”buy’ for H shares of Air China Ltd<601111><0752>, the nation’s flagship carrier, sources reported.JPMorgan said in a statement that Air China has achieved a better-than-expected performance for the third quarter of this year.The Beijing-based carrier last week announced that it has returned to profit in the third quarter of this year thanks to fuel-hedging gains and the recovering domestic air travel market since the beginning of this year. Its net profit in the third quarter totaled RMB 885.3 million, compared with a net loss of RMB 1.97 billion a year ago, the company said in a statement. Air China reported a gain of RMB 2.02 billion from fuel hedging contracts during the period, it said. Copyright © 2009 http://www.chinaknowledge.com过滤机 passenger elevator lithium batteries OA系统 china elevator クレジットカード 現金化 过滤器 クレジット 現金化 深圳装饰公司
Hang Sen phytosterol g Index finishes 0.73% lower at midday Hang Sen phytosterol g Index finishes 0.73% lower at midday
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Hang Seng Index finishes 0.73% lower at middayPublished: 15 Dec 2009 00:31:48 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketDec. 15, 2009 (China Knowledge) – Hong Kong stocks slid 162.31 points or 0.73% to end the morning session at 21,923.44 points, with mainboard turnover standing at HK$39.8 billion. The Hang Seng China Enterprise Index, which tracks the overall performance of 43 Chinese mainland state-owned enterprises on the Hong Kong Stock Exchange, slipped 79.44 points to 12,969.9 points.Market heavyweight HSBC Holdings Plc<0005><HBC>, which accounts for the largest weighting for the Hang Seng Index, fell 1.69 % to HK$89.9. PCD Stores Group Ltd<0331> surged 27.18% above its IPO price to HK$2.48 on its first day of trading. New World Mobile Holdings Ltd<0862> declined 13.46% to HK$5.85. Stocks of ocean shipping firms ended lower in the morning session. China COSCO Holdings Co Ltd<601919><1919> fell 1.41% to HK$9.76. China Shipping Development Co Ltd<600026><1138> slid 2.04% to HK$12.5. China Shipping Container Lines Co Ltd<601866><2866> dipped 0.36% to HK$2.78. Pacific Basin Shipping Ltd<2343> edged down 0.52% and closed at HK$5.74.Copyright © 2009 http://www.chinaknowledge.com北京翻译公司 激光切割机 除湿机 喷嘴 panoramic elevator ショッピング枠 現金化 競馬 oa办公系统 上海翻译公司
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