Saturday, February 03, 2007

China continues to register strong growth in the production of consumer goods

NO SLOWING CHINA GROWTH
LOS ANGELES -- China continues to register strong growth in the production of consumer goods and will remain the main engine of growth in the U.S. import trades, according to economic forecasters at Global Insight.Some economists predicted that attempts last year by Beijing to slow down the torrid expansion of China's manufacturing sector would result in more modest growth in its containerized exports to the U.S. According to official statistics released in Beijing,...

China: Manufacturing becomes leading sector in Qingdao
Qingdao, 22 March: Manufacturing has flourished to become the leading industry in the coastal city of Qingdao, east China's Shandong Province.In 2002, local industrial enterprises registered 206.4bn yuan (24.58bn US dollars) in output value, up 22 per cent on a yearly basis, and 54.2bn yuan (6.53bn dollars) in added value, up 18 per cent from a year earlier.The sector earned 6.84bn yuan (823m dollars) in profits, an increase of 14.6 per cent on the 2005 figure.Xia Geng,...

HONG KONG ADDS MUSCLE TO GROWING CHEMICAL SECTOR
Hong Kong's chemical sector is adding manufacturing muscle to its traditional trading prowess, thanks to close links with dynamic companies in southern China like S.O.E. (Group) Co.S.O.E., based about 100 miles from Hong Kong in the Shantou special economic zone of adjacent Guangdong province, depends heavily on its office in the colony to find foreign partners and money. "S.O.E. is very aggressive, and a new-style company," said Hitoshi Matsuda, deputy...

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