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Dynasty eyes vineyards in New World regions
The Tianjin-based company may buy vineyards in Australia, New Zealand, Chile or France and has 1 billion yuan ($146 million) in cash, Chairman Bai Zhisheng said in an interview on Tuesday.
Tianjin launches a week of folk culture

Tianjin began its week-long culture show at the World Expo 2010 yesterday with a display of many of its folk arts.

Binhai New Area
TEDA-Yale Executive Leadership Program launched
Yale University has dispatched famous professors to give a four-day discourse for about 50 business executives and governmental officials of Tianjin.
China promotes new-energy vehicles in 7 more cities

China is promoting clean-energy vehicles for public transportation in seven more cities on top of the 13 cities that began promoting such vehicles last year, the Ministry of Finance (MOF) said Wednesday.

The seven cities include Tianjin, Haikou, Zhengzhou, Xiamen, Suzhou, Tangshan, and Guangzhou.

The 13 cities, including Beijing, Shanghai, and Chongqing, started promoting hybrid, electric, and energy-efficient vehicles in 2009 for taxi, bus, sanitation and post office use.

The MOF will provide subsidies to provincial and municipal government finance bureaus for promotion of such vehicles, the statement released by the MOF said.

Local governments will have to apply for the funding based on a promotion plan. The statement did not elaborate on the total amount of funding or a time frame for the program.

China on Tuesday released details of its green-car subsidy program that is designed to boost the nation's auto industry and cut vehicle emissions.

Subsidies of up to 60,000 yuan (8,784 U.S. dollars) will be given to buyers of pure electric vehicles in cities taking part in the pilot program, Shanghai, Changchun, Shenzhen, Hangzhou and Hefei.

Buyers of plug-in hybrid cars will receive up to 50,000 yuan in subsidies.

TIANJIN City of Glamour
Interview with Hao Xishan