Posts Tagged ‘auto’

Sino-Swiss FTA feasibility study will start the second half of this year

Monday, May 4th, 2009

Xinhua News Agency, Beijing, April 27 – Vice Minister of Commerce Yi Xiaozhun said on the 27th, China, Switzerland will be the second half of this year bilateral connection FTA feasibility study for the agent start to organise the negotiations.

Yi Xiaozhun held here in China – the Swiss free trade area, said industry Seminar, in the common fight against the financial crisis in the world and promoting world economic recovery as soon as possible moment, Sino-Swiss free trade area between the two countries held a seminar to exchange industry is of particular importance significance, but also the two countries to work together, a total of grams of the hard times, to promote just and open world trade environment, an important measure. Sino-Swiss bilateral cooperation in resource endowments, the industrial division of labor are highly complementary, which both explore the feasibility of a free trade zone has laid a solid foundation.

Swiss ambassador to China said the Sino-Swedish seminar, the two edges in the direction of a likely first step in the direction of a free trade locality is furthermore very significant step. Since 1978, the implementation of China’s restructure and opening-up principle, Sino-Swiss bilateral trade has developed rapidly. Bilateral trade capacity in 2008 come to 11.1 billion Swiss francs, the matching of 30 times in 1980. Since 2002, China has become the Switzerland of Asia’s most significant trade partners. Sino-Swiss free trade locality between the two nations set up bilateral trade and buying into will play an significant function in encouraging development.

It is reported that in a two-day seminar, the two countries from the textile, machinery, watches and other industries around the two sides of industry representatives will present situation and development prospects of establishing a free trade zone between the two countries will bring their respective industry opportunities and adjustment and other issues to discuss.

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Alcatel-Lucent 3G in China will approach 1.7 billion U.S. dollars to give services

Monday, May 4th, 2009

Alcatel-Lucent today advertised that with China Mobile and China Telecom have noted a total of 1.7 billion U.S. dollars in 2009, portable communications apparatus and services co-operation plan accord to give web upgrades, integration and support services.

The agreement by the Alcatel-Lucent flagship company in China – Shanghai Bell Co., Ltd. obtained. East Asia, according to Alcatel-Lucent Shanghai Bell president and introduced, in accordance with the agreement, Alcatel-Lucent will provide China Mobile’s industry-leading GSM / EDGE solutions, TD-SCDMA wireless network equipment, optical transmission, IP service router, application platform, as well as other related services, the agreement about the amount of one billion U.S. dollars; At the same time, Alcatel-Lucent will provide China Telecom for 700 million U.S. dollars worth of 3G CDMA / EV-DO network equipment, application platforms, optical transport and IP transmission platform, IP Service Router, network maintenance services to support China Telecom’s 3G wireless broadband network deployment.

As China’s leading operators, China Mobile and China Telecom in January this year respectively TD-SCDMA and CDMA / EVDO standard of the 3G license.

Qiu rong hong said that the Shanghai Bell will provide full support to Chinese operators in the 3G era of rapid transformation, and the future of the smooth evolution to 4G/LTE. “Alcatel-Lucent’s industry-leading products and solutions will further enhance China Mobile and China Telecom’s network capacity and performance, helping them to provide users with a series of high-quality mobile communication services.”

It is described that China Mobile and China Telecom Shanghai Bell, two significant strategic partners. By the end of 2008, Shanghai Bell and Datang Mobile to take part in the achievement of the tendering consortium won the tender to elaborate China Mobile’s TD-SCDMA mesh expertise scale check mesh two tasks, one task of China Mobile’s one of the biggest suppliers. China Telecom furthermore select Shanghai Bell in 2008 to improvement CDMA wireless mesh, the agreement amounting to 230 million U.S. dollars.

Headquartered in France, Alcatel-Lucent (Euronext Paris and NYSE: ALU) is the world’s service providers, enterprises and governments with solutions to help their end-users to provide voice, data and video services . Shanghai Bell is part of State-owned Assets Supervision and Administration Commission, China’s high-tech areas, the first foreign invested joint-stock company. The company has the scale of billions of dollars of telecommunications technology leader in providing end-to-end telecommunications solutions and high-quality services, products covered by the fixed network, mobile network, broadband access, intelligent optical networking, multimedia solutions and network applications .

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South Korean Trade Day shall be held to develop the Chinese market

Monday, May 4th, 2009

April 27 According to Yonhap News delineated on the 26th, the Korean state-owned trade advancement bureau – Trade-Investment Promotion Agency said, the bureau will holder the next Trade Day in alignment to help localized enterprises in the gigantic Chinese market to complex sales.

The agency said that on the 28th shall be held in Seoul organised via the Department of Trade Festival, there shall be 28 retail string of bridges operating in China business to take fraction in big wholesalers, the import fraction that may aid improve the local business market allocation in China.

The bureau said about 300 localized enterprises on how to elaborate future sales in the Chinese market and other matters Fair, held not less than 300 games.

Korea Trade-Investment Promotion Agency, an authorized said: “This trade presents an opening for carnival, localized enterprises may be adept to help them deal their goods to large wholesalers to enlist in direct talks.” The authorized furthermore said that may be marked in agreement with collaboration affirmation, the part of this trade may help to boost the overseas sales of Korean enterprises.

It is described that the South Korean government has been boosting enterprises to trade items to China. China is South Korea’s biggest products overseas markets. Last year, Korea’s foreign sales accounted for 21.9% of total sales, but the present financial urgent position had directed to a down turn in sales to China.

Government policy-makers said that in order to bolster import articles, local businesses lack to reward more attention to the Chinese market, because the Chinese government’s commercial stimulus plan would benefit the market.

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Liu: the banking subdivision rate of revisit on capital engaged in work 17.1%

Monday, May 4th, 2009

According to Xinhua report April 18, the China Banking Regulatory Commission Chairman Liu Mingkang on the 18th in the 2009 Boao Forum for Asia annual gathering said that China’s banking part withstand the economic urgent position, has sustained a stable growth.

Liu held at the group, “the explore for fiscal research, openness and balanced regulation,” sub-forum, said non-performing advances of China’s banking subdivision has been a very good balance of manipulate, capital adequacy ratio on the get higher, banks a good rate of revisit, the development of the banking subdivision is healthy.

He said that in 2008 industry-wide profits of China’s banking sector reached 583.4 billion yuan, setting a world record for the highest profit growth above 30%, but also the world’s first. Industry-wide return on capital reached 17.1 percent.

The participants are worried about the topic of non-performing borrowings of China’s banking part, Liu said that the first quarter of this year, China’s banking part non-performing lend rate was only 2.04 per hundred, a decline of the end of last year more than 0.38 percentage points. Balance of non-performing borrowings, comprising a decline of 10.77 billion yuan last year. In his outlook, this outcomes in a considerable boost in borrowings made under the attenuating components, and not very easy to arrive by.

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Huawei help Astelit massive expansion in the GSM network in Ukraine

Monday, May 4th, 2009

Huawei freshly advertised that it has GSM operators and Astelit Ukraine noted a support accord to help the large-scale Astelit in Ukraine to extend its 2G web and redevelopment the prevailing web of web scope for and enhance web performance.

In this affirmation, Huawei will help Astelit to establish GSM wireless mesh, encompassing groundwork positions, microwave schemes, task administration, mesh designing optimization, location assortment, for example technology services all through the Turnkey.

Network deployment has been started in the first point in time of strategies to cover the western territories and the Crimean peninsula in Ukraine, for a total of 3000 foundation place deployment. Huawei’s fourth current inhabitants of the use of GSM foundation places and SingleRAN results, Astelit flat future web redevelopment to UMTS / LTE, and worse web total cost of the investment.

Astelit leader Tansu Yegen said: “To supply our customers the best service in the Ukrainian market will help us extend to sustain a premier position. Ukrainian telecommunications market in 2009 endured the world’s general financial position, the trials faced by large possibilities at the identical time. We Turkcell Group procedures designing in Ukraine this year, designs to invest 200 million U.S. dollars for the mesh development Astelit. We accept as factual that the collaboration with Huawei, we are adept to supply better voice and facts and numbers mesh services, and the future of Ukraine’s 3G procedures completely prepared. ”

Huawei’s representative office in Ukraine on behalf of Wei-feng, said: “Thank Huawei Astelit choice for the majority of Ukraine together provide users with high-quality mobile services. Through Huawei to provide the latest technology and solutions, we will Astelit to expand the coverage of existing networks to enhance the network capacity and improve network performance, so as to bring the majority of Ukraine’s high-quality voice and data experience.

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Radio, Film and Television Department of the company’s two-pronged in 2008 is now the largest in the history Economic Information Daily

Monday, May 4th, 2009

In the nation’s biggest LCD constructor BOE broadcast a decrease of 930 million yuan after the 2008 economic year, SVA Group’s two recorded businesses of data and Broadcasting of Radio Electronics, furthermore were broadcast on the 29th evening of their results. Data display that the two businesses have appeared since the origin of the most important deficiency, snare earnings year-on-year in 2007 and 6393 per hundred respectively, the astonishing 3317 per hundred decline.

Information Radio, Film and Television in 2008 turnover of 3.4 billion, up 13 percent decline, the rate is not great. However, while net loss of about 10 billion yuan, in 2007 a profit of 15.76 million yuan, down 6393%, there decline in the history of the most astonishing speed. Explanation for the company, SVA LCD production lines operating there since the establishment of the most severe difficulties. At the same time the company since December 1, 2008 from accounts receivable, other receivables accounting for bad debts is estimated on the change had an impact on the performance of the company.

Department of Radio, Film and Television’s the same as a “loser” of Radio Electronics in 2008 turnover of 820 million yuan, up 51 percent decline in 2007; 860 million negative net profit, year-on-year decline in 2007, a huge 3317%. Explanation for the company, under the influence of the financial crisis, small and medium-size LCD screen of poor sales, prices fall, demand for rapid decline of Radio, Film and Television’s opto-electronics has led to significant loss of the Economic Information Daily listed companies.

As a effect of the Shanghai municipal government and municipal SASAC has in addition set up a toiling gathering of the trustee, to accomplish a program on the development of Radio, Film and Television, at present the terminal effects still need to submit the check to approve the higher stage, so the two company’s allocations will carry on to carry on the suspension.

Although the CEO of Friends of Radio, Film and Television to help Chen, the LCD industry is now warmer bottom. However, in view of BOE, SVA has had such Economic Information Daily, the domestic production of liquid crystal smoothly through the winter when it is not yet known.

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China’s hydroelectric power scope for in saving its location as the world’s first assembly

Monday, May 4th, 2009

April 20 Beijing China electric driven power commerce has went into a large power position, large flats, high-voltage, large power grids, automation and data era. The reporter wise from the unfastening in Beijing on the 20th the second worldwide seminar on hydro-electric power expertise was acquainted that as at the end of 2008, China’s established hydropower capability come to 172 million kilowatts, grade first in the world. Utilization of hydropower power development from the restructure and unfastening up the development of the expertise can be less than 10% to 27%.

According to China’s hydroelectric power venture Zhou Dabing Association, the maturity of the technical knowledge of hydroelectric power as renewable basis of vitality, has been bound many value to all nations in the world. After reorganise and unclasping up, China’s hydropower makeup has been the quick development of hydropower financial endeavour procedure, erected structure procedure, venture organisation procedure and waterway basin development procedure, and so the makeup procedure has undergone very large changes. At present, a large number of world-class mechanical apparatus, a large number of the world’s primary technical knowledge has been the get higher in China. End of last year, the Three Gorges Project has appealed worldwide alertness 26 700000 all engendering entities in performance, a total fitted scope for arrived at 18.2 million kilowatts, grading China’s hydropower makeup moved into a new golden era.

Zhou Dabing that electricity from western to eastern North and South each other for the national network development strategy for China’s hydro-electric power technology development opportunities. From 2008 to 2015, China will in the Jinsha River, the Dadu River, Yalong River, Lancang River, Wujiang River, the Yellow River upper reaches of the development of a number of cascade hydropower stations, about 150 of 700,000 kilowatts will be put into production a giant power generator. At present, there are 10 Pumped Storage Power Station is under construction, can add 30 million kilowatts of installed capacity.

Pang, Deputy Chief Engineer of the Ministry of Water Resources Jinwu display that after decades of efforts, China’s water assets development has made large achievements. At present, China has constructed 45,000 little hydropower positions, established capability come to 51 million kilowatts, the annual power lifetime capability of more than 1600 billion kilowatt-hours, the little hydropower goals the largest in the world.

State Electricity Regulatory Commission chief engineer, said Gu jun yuan, the State Council attached great importance to monitor the power utilities to develop renewable energy sources, but also attached great importance to the safety of dam regulation. From 2004 to 2009, respectively, promulgated the “dam safety regulatory requirements” “approach to dam safety registration” “way to regularly check dam” and other laws and regulations, supervision of dam safety put forward specific demands. As of the end of the year 2008, the country mainly in large and medium-sized power station completed the registration of security.

National Energy Board new and renewable sources of energy Shi Shan, deputy director of the view that, at present, China is in the water and electricity during the peak period of construction, but the new social environment for the development of hydropower construction to a new and higher demands. Correctly handle the construction of hydropower and environmental protection, hydropower construction and resettlement, water and electricity and the legislature building the relationship between economic development, hydropower construction is to be a high degree of attention. He pointed out that a major earthquake in Sichuan wen chun, the various aspects of the earthquake on the hydropower project and pay more attention to security issues, water and electricity is now building more than just a technology.

According to “China’s renewable power and long-term development planning”, by 2020, the nationwide established capability of hydropower will come to 300 million kilowatts. In other phrases, the next couple of years, China’s established capability of hydropower will be supplemented to come to 170 million kilowatts.

Electricite de France chief executive officer of the China Division, Mr. Ji qiang yi said that in the future will continue to develop cooperation with China, and through conventional hydropower and pumped storage power station project advisory services, with their Chinese counterparts to develop a lasting partnership.

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France trusts to join in China’s large plane venture

Sunday, May 3rd, 2009

The first visit to China since 1982 the French National Assembly Bernard said freshly in Tianjin, France and China bind many value to support in the paddock of aerospace. French assistant of state for foreign trade Anne made it clear that France would like to join in China’s large aeroplane project. “I called for more French financial gatherings to draw close to China, supplemented by the expansion of China’s aviation industry. This will sanction them to extend market share and enhance our competitiveness.” Bernard said.

The two senior officials of France in the Tianjin Binhai New Area of the “2009 Tianjin, China International Aviation and Aerospace Exhibition Fair trade” to make here. Show by the Tianjin Municipal Government, China International Trade Promotion, France BCI group organized more than 10 exhibitors of 346 countries aerospace companies and associations involved in aircraft manufacturing, aviation electronics, aviation mechanics, aviation new materials, aerospace defense , aviation research and development, aviation logistics and other fields.

Bernard at the commencing observance said that the display “full verification of just how gravely France and China in the areas of aerospace, to verify the world to China’s aviation commerce just how gravely the building.” He said that China and France are pleased to glimpse that 40 years of collaboration in the aviation area was a large achievement, and collaboration has become an progressively prevalent and more deep. Airbus A320 in Tianjin to invest large airplane manufacturer, is a emblem of Sino-French collaboration project.

Tianjin Airbus terminal assembly line in Hamburg, Germany and France, following Toulouse’s third after the terminal assembly line, this will be the first buyer deliverance of aircraft. Airbus major vice head and head of China Bolong, said today that more colleagues would like to gain enterprise chances here.

Bernard also took the initiative to talk about China’s first completely self-designed and built aircraft Extension – ARJ21 aircraft. He said, I believe that will attract international attention ARJ21, sold to the international market, but also hope to see China’s own production of more than 100 large aircraft.

“We see that China’s large aircraft and the building of effective, and there will be a lot of the future, France would very much like to contribute in this regard.” France, Secretary of State for Foreign Trade Anne-Marie Idrac held a news conference in Tianjin, said. She said that the Sino-French aerospace co-operation was very good. Airbus assembly line in Tianjin has become an example of cooperation between the two countries is due to commercial interests and industrial co-operation together closely. “We are very pleased with the European symbol of technology and the characteristics of the aircraft assembled in China to achieve.”

In answer to a inquiry by this reporter, she apparently said that France proposes to take part in the China head agency in Shanghai’s household financial airplane large airplane tasks, with the competent administration of China about the issue, asked for China to drive representatives to the June The Paris Air Show to talk about space cooperation. At present, French businesses are employed with China, “to fly” contact.

French Embassy Economic and Fiscal Affairs Minister Counselor Hubert TESTAR told this reporter that France plans to supply China’s large aircraft engines, electronic instrumentation and so on.

Embassy of France to the press presents a number of statistics: the first quarter of 2009, the French investment in China grew 35 percent year-on-year, French companies operating in China reached 25 billion euros. Although the automotive industry and other sectors of the layoffs, but the areas of retail demand in the employment rise in the employment of French companies in China currently employs 25 million people.

Anne-Marie Idrac sharp out that the latest heating of bilateral political relatives, financial and trade collaboration will play a function in encouraging new.

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PE investment in China foreign investment enthusiasm unabated

Sunday, May 3rd, 2009

Foreign PE is not gold by China’s enthusiasm. In a small number days in the past from Binhai International Equity Exchange’s “investment in China,” Matchmaking Symposium on the venture, more than foreign capital to the PE subdivision, said that the worldwide fiscal turmoil did not give its enterprise in China to bear out a noteworthy impact.

A objective to invest in Asian financial gatherings European PE financial endeavour director advised reporters that “investment in China” is still to accept a award in Europe and the United States, universities and more other long-term financial endeavour finance were authorized. In early 2008 the instrumentality established a new account has been speculated in the in the household coal-bed methane, the broadcasting and other ventures, and will carry on to pay alertness to China’s other pick vitality, broadcasting, fiscal services, client and highly-developed financial endeavour opportunities.

Mitsubishi, Japan’s business in Asia Investment Co., Ltd. Ling Chen shi rong president revealed that the financial crisis makes companies more reasonable valuation, business investment Ling Mitsubishi is currently looking for domestic investment objectives, and focused its attention on the middle the size of the industry leaders.

Although the stride has not slowed down down, but the buying into scheme of foreign capital in the PE altering quietly. Binhai International Equity Exchange Teng yong notified reporters, general supervisor of foreign PE buying into has step-by-step moved its aim to the preceding financing from the pro-IPO tasks with caution in specific, at the identical time scale in periods of buying into furthermore control. Chen shi rong said that in the present position, from the passages of foreign PE is evolving more worried about the principles and guidelines should be farther advanced when likely in alignment to sustain the buying into eagerness of foreign investors.

Compared to the careful shareholder, enterprise financing is even more high enthusiasm. Teng yong notified reporters that since the middle of last year to squeeze borrowing, numerous household little and medium-sized enterprises will be views on the locality of equity financing, Binhai International Equity Exchange is the homeland to pace up the establishment six local agencies and encourage the development of more than 400 household and foreign intermediaries constituents so as to supply more possibilities for equity financing.

As the first professional to be engaged in business through the sale of equity financing to direct financing of the information market place, Binhai International Equity Stock Exchange since the test operation has attracted more than 5,000 small and medium-sized domestic concerns, the Institute will be held in June this year, before and after the formal operation .

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Reply to the message the Department of Public Information said none about the tariff request for paid job of precise cost

Sunday, May 3rd, 2009

Industry and the Ministry of Information Industry in Beijing yesterday, put forward by the lawyers to respond to information disclosure applications that 3G communications technology and electronic radiation products will not impact on human health, but concern for the public rates the issue of 3G, the letter said the Department used only 2G standards.

Beijing solicitor Dong Zhengwei in March this year a note to the Department of Public Works handed out a demand to open 3G communications expertise and electrical devices merchandise emission on human wellbeing and the influence of ecological contamination, the foremost 3G operator call allegations for the methods and the cornerstone of charge, as well as China Mobile, China Telecom and China Unicom three operators to invest hundreds of billions of causes of funding.

Department of Public Works answered that the note, hand-held RF terminals is non-ionizing emission exposure, and is vitally distinct from ionizing radiation. World Health Organization considers that the living clues can not verify that low-level exposure to electromagnetic areas on wellbeing impacts. China and electromagnetic emission in agreement with applicable nationwide measures, the Department of Public Works note in firm agreement with the nationwide measures has been demanded many of 2G and 3G wireless telephone electromagnetic emission measurement. Measurement outcomes display that the huge most of goods are in line with the threshold obligations, is safe.

Fees for the topic of 3G, the Department of answer note only said that the telecommunications business allegations 3G wireless telephone call is utilised 2G wireless telephone call allegations and methods for pricing. The three operators of the hundreds of billions of buying into capital, the Department of Public Works, said the note, 3G permits, China Mobile, China Telecom, China Unicom designs to issue the 3G building buying into for enterprises of all self-financing does not encompass capital of public finance.

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