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The Fujian provincial government signed cooperation agreements with China's three telecom groups on August 19 and August 20 in Beijing.
Fujian’s GDP increased from 7.4% in the first quarter of this year to 8.5% in the first half of this year, according to a report released by the Fujian Statistic Bureau August 18. Industry, investment and consumption fields steadily developed, after the central government’s adjustment in fiscal policy took effect on November 4, 2008, as well as people’s livelihood, the report also showed.
Three hundred of the world's top industrial automation enterprises will take part in the 11th China International Industrial Automation & Instruments Exhibition on August 20.
The Fujian government has officially announced basic enforcement regulations for auto replacement and a corresponding subsidy program in an effort to tackle the adverse impact brought on by the international financial crisis. New regulations state automobiles can be replaced if listed with the following criteria: light trucks and mid-sized taxis with less than eight years of use; mid and small-sized trucks and mid-sized passenger cars (excluding taxis) with less than 12 years of use, according to a joint circular issued by the Ministry of Commerce and the Ministry of Finance. Owners must sell and deliver their qualified vehicles to designated enterprises engaged in recovering and dismantling and buy a new one between June 1, 2009 and May 31, 2010 in order to receive subsidies. The subsidies, ranging from 3,000 yuan to 6,000 yuan, will be paid out within 15 working days. The Fujian government has named 11 recycling and dismantling companies in nine cities and regions which have reclaim stations in urban areas and branch stations in 34 counties, including Changle, Lianjiang and Pingtan. “Auto replacement is a very effective stimulus to China’s domestic demand, especially consumption needs, [and] employment will be largely expanded and stabilized,” says Wang Hua, an official from the Fujian provincial Economic and Commercial Committee. “New cars, which are more energy-saving than old ones, can help to improve energy efficiency and reduce environmental pollution.”
The Common Fund for Commodities (CFC), an international financial institution established by the United Nations, will be holding its annual Round Table Meeting (RTM) on Commodity Development from August 17-20 in Nanning, Guangxi Zhuang autonomous region.
The first six-day "Strait Sailing Competition" ended on August 4 after 15 sailboats successfully traveled across the Taiwan Strait.
Fujian Banking Regulatory Commission (BRC) said on August 4 it plans to establish more branches of large-scale foreign investment banks in Fujian.
Fuzhou will take the lead in constructing a cross-straits industrial matching center for both sides of the Minjiang River port.
Vigorous cross-strait financial cooperation is expected to gain momentum, it was revealed at a financial symposium held on July 30 in Tianjin.
Health reform in Shandong province is moving ahead after getting a huge financial injection, the Shandong Provincial Government announced July 29.
The economic recession hasn't slowed down people's enthusiasm in pursuing natural and healthy outdoor activities, it was revealed at the Fourth Asia Outdoor Trade Fair.
Preparatory work for the 13th China International Fair for Investment & Trade (CIFIT) is coming to an end in time for its opening on September 8 in Xiamen.
Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
UN's top environmental honors go to three in China
German trains collide near Duesseldorf, several people injured
China beats Germany 7-4 in men's curling Olympic qualification
Bayern beat Paris Saint-Germain 3-1 in UEFA Champions League
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