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In a bid to ease some pressure for exhibitors amid the global financial crisis, the organizing committee of China Import and Export Fair, which begins on April 15, will lower the prices of exhibition booths.
GUANGZHOU: Hong Kong investors in firms based in Guangdong will benefit from a 1 billion yuan ($145 million) fund, Vice-Governor Wan Qingliang said yesterday.
The average house price in Beijing will plummet by as much as 20 percent as buyers snap up cut-price homes, according to the Beijing Academy of Social Sciences.
Thanks to its low reliance on the export trade, Heilongjiang province could still record a decent economic growth this year despite the global financial crisis, a top official said.
Authorities in Hunan province are planning 10 landmark projects this year to provide the urban cluster of Changsha, Zhuzhou and Xiangtan with a platform of modern infrastructure, a top official said on Monday.
With the goal of building a humane society, northeast China's Jilin province has taken tangible measures to improve people's livelihood while tackling the worst global economic recession in decades.
Guangdong province, which accounts for a quarter of China's total foreign trade, will set up two funds worth 1.9 billion yuan ($278 million) to support its exporters this year amid the global financial crisis, a senior official said on Monday.
SHANGHAI: Baosteel, one of China's largest steel producers, has secured a contract from Commercial Aircraft Corporation of China Ltd (CACC) to research and develop specialized steel plates for China's large aircraft program, a company official said.
Tourism officials here in the Shaanxi capital have launched an aggressive marketing campaign to combat the effects of the economic slowdown.
Tianjin Binhai International Airport (TBIA) plans to bring in more passenger and cargo airliners to counter the global recession.
Authorities in Zhejiang province will provide more fiscal and policy support for SMEs and the private sector in a bid to counter the effects of the financial crisis, a senior official said Wednesday.
New policies and measures have been drafted to attract more overseas professionals in the areas of finance and monetary to boost economy amidst global financial crises, said an official with the provincial government.
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