China :: Business & Economy

The green credit guidelines issued on Friday by the China Banking Regulatory Commission (CBRC) provide a leading regulatory framework in green lending, says WWF, the global conservation organization. "This is a transformative development for China. The guidelines, which apply to both national and overseas credit by Chinese financial institutions, acknowledge the essential role of the banking sector in promoting a green and sustainable economy, as well as the risks presented by activities that are detrimental to the environment and local communities," said Jim Gradoville, CEO of WWF China. These guidelines place green credit strategies at the highest level, as the bank's Boards of Directors will have the responsibility to "promote green credit concepts, including resource efficiency, environmental protection and sustainable development." WWF welcomes the new requirements for effective environmental and social risk management, where "banks shall effecti...

Article by Sunil Das When it comes to buying 'China Made' products at much lower prices, buyers in other countries would become hesitant about quality of the products. Those days are still vibrant in mind when users of a particular mobile phone were facing their batteries were of low quality and that was the reason they did function much below the expectations of such a high quality gadget. Guidelines relating to qc china were believed all that had to be blamed for. However, the scenario has changed dramatically in the whole manufacturing industry across China and they have developed to the extent of much satisfactory level. Quality of a product or service should be the benchmark and that can lead an enterprise to the pinnacle of success. Manufacturers have acceded, rectified and produced- quality and reliable Chinese products. And, still, those products sell at much lower rates in comparison to the products of the other parts of th...

Beijing is to build a new airport, which is likely to be the world's largest in terms of passenger traffic, to the southeast of the city, China National Radio reports. The new airport, yet to be named, is to be located on the border between Beijing and Langfang, a city in north China's Hebei province which surrounds Beijing. It will be approximately 45 kilometers from Beijing's city center; about an hour's drive. The airport is designed to be a key international airport. It will have nine runways and is expected to direct more than 130 million passengers and 5,500,000 tones of cargo annually, replacing the Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, the United States, to become the busiest in the world. The new airport will also act as a hub, connecting highways, transportation roads and roads in rural areas together. This will be the third civil airport in Beijing, following the Nanyuan Airport and the Beijing International Airport, whi...

by xiaming Article by Lance Rainmaker China import export has changed the world as we know it. The ready availability of low-cost Chinese labor shows that sometimes it is more affordable to import goods from China than to buy the same products made domestically. For this reason, China is one of the largest exporters of goods in the world. Involved in this lucrative trade is simple some easy factors into consideration. Top Exports from China Though a lot of people believe Chinese export products as being things like low-cost playthings, clothes, and shoes as China's main exports, its best export goods are usually transportation and machinery products, including data processing products and cell phones, at around 47% of the total export value. Other top goods include apparel, fabrics, iron and steel, and medical and optical equipment. Prepared food (3%), chemicals (5%), and minerals and fuel supplies (2%) are also major exports. Leading...

by \!/_PeacePlusOne A Nervous Time for China Investors? China Economy: Is there a buying opportunity now… About: (China ADR Index, Jim Chanos, HSBC Global Research, Gary Evans, China's economy, China investing, China economy, China Stock Digest, Chinese economy, China stock market) Bookmark and Share New buying opportunities may be popping up as the investment community suffers from a prolonged attack of the jitters. The China ADR Index continues to slide because of uncertainty caused by a number of trends, all of them interacting in unexpected ways. The number one concern for investors appears to be worry over Beijing's efforts to rein in financial stimulus and protect the economy from overheating. Recent moves to raise banking reserve ratios and put the brakes on a torrent of lending in January sparked fears that the boom in China's economy may be ending. Professional shorts and doomsayers have added fuel to the fire. Jim Chanos' now famous remark that "China ...

by \!/_PeacePlusOne Article by Jim Trippon Editor of China Stock Digest China Economy OverviewThe Chinese economy is one of the fastest growing economies in the world. China has exhibited a consistent growth of more than 9 percent since 1978 with the per capita income swelling by four times since 2001. The economy of China is expected to grow in the range of 7 to 9 percent over the next decade, which can be termed as a strong growth rate compared to leading economies like America and Japan. Over the years, the development in China and the growth of Chinese economy has placed it strongly on the global map. Consumption patterns in China have made a huge impact on the global economy. One of the reasons for rising in oil prices can be attributable to the surge in demand from China. The significant growth of automobiles has lead to higher dependence oil imports. Chinese oil consumption was 6.6 million barrel...

by Official GDC Article by china2west China manufacturing activity has increased three fold in the last ten years, undoubtedly making China the largest manufacturer of consumer goods in the world. The reasons are not hard to imagine. With a population that constitutes nearly one fifth of the world population and a relatively poor economy, Chinese labour is pretty cheap. With China's current stronghold in the production of electrical, telecommunication and computing related products, there is an abundant raise in the nation's economy with China's production increasing to 11% of world's manufacturing in 2005, from just 3% in 1995. Every year China manufacturing is increasing by 20% and the fierce competition in the country's manufacturers is taking China product development to advanced levels. China industrial design is based on three factors: low cost production, fast tracked manufacturing processes and prompt shipping. ...

by \!/_PeacePlusOne Article by Zhang.zhengfeng In an article recently penned by The Guardian, "China's burgeoning middle class has lodged its first mass challenge against the government by staging a large environmental protest in southern China." In China, environmental issues are typically neglected as the country concentrates on its rise as an economic power. Even with increasing interest in environmental reform around the world, cancer caused by pollution, is the leading cause of death in 30 Chinese cities and 78 counties, the Ministry of Health says. How does this affect China's economic future? This is no longer a topic for environmentalists. More than ever, pollution should be taken into consideration when conducting china investment research or china company research. Only 1 percent of China's inhabitants are said to breathe air deemed safe by the European Union (EU). Much of China's pollution is generated ...

Vice Premier Wang Qishan called for more efforts to promote the healthy development of mid- and small-sized financial institutions to allow them to better serve the real economy. "Financial institutions should implement a prudent monetary policy, as well as work to ensure financial stability and promote the country's economic growth," Wang said during an inspection tour of the cities of Zhengzhou and Xuchang in central China's Henan province. Credit has long been a headache for the country's small companies, as major state-owned banks tend to favor lending to large companies. The government has encouraged the development of small financial institutions as part of its efforts to strengthen support for small- and micro-sized companies. "Local governments should intensify their efforts to make small financial institutions more willing to issue loans to small companies and agricultural projects," Wang said. Small firms and agriculture play an irrepla...

by Sascha Grant Article by Percy Gallegos The prepared availability of affordable Chinese labour implies that occasionally it is really far more inexpensive to import goods from China than to obtain the identical goods manufactured domestically. For that motive, China is amongst the biggest exporters of goods in the entire world. Acquiring concerned in this profitable trade is straightforward if you take numerous simple elements into consideration.Significant Exports from ChinaEven though several individuals consider of Chinese export merchandise as being objects like minimal-cost toys, outfits, and footwear as China's main exports, its greatest export objects are basically journey and machinery equipment, such as information processing products and cell phones, around 47% of the whole export selling price. Some of the greatest items involve garments, materials, iron and metal, and clinical and optical ...

China's crude oil output slid 2.3 percent year-on-year in January to 17.08 million tonnes as the New Year holiday reduced workdays, the country's top economic planner said. The country's imports of crude oil reached 22.85 million tonnes last month, nearly flat compared with that of last year, the National Development and Reform Commission (NDRC) said in a statement on its website. The country produced 22.18 million tonnes of refined oil, up 4 percent from one year ago. Its apparent consumption of refined oil hit 19.44 million tonnes, with the averaged daily consumption in January down 5.7 percent from the previous month. The figures were affected by an earlier Chinese Lunar New Year holiday, which fell in January this year and cut four workdays off the month compared with January of 2011, according to the NDRC. The Lunar New Year holiday fell in February in 2011. Read More @ Source

by jrover Article by bryantchen China Manufacturer has been developing all this time. China is continuously developing and advancing. Since the needs boosts, the source also raises. To satisfy the requirements, companies of China is rising it's opportunities to equipments that dependable and valuable for production their goods. Investments are one from the things that aids inside the development of China production. Devices in manufacturing products are very significant to be capable to produce items with good quality and well highly processed. China is prosperous in technology and acts as the number one producer of manufactured items in Asia and also other states outside Asia. Their made goods is quite affordable and accessible towards the consumers. Technology on the other hand is another factor. Buying and selling their products to other country is manufactured achievable by the advent of latest engi...