China Economic ReviewVice-Premier Wu Yi announced that a closer economic partnership agreement (CEPA) between Macau and China would be signed "very soon". Macau government sources said the CEPA signing would be witnessed by Vice-President Zeng Qinghong in Macau on Friday. The Macau CEPA is expected to be largely identical to the CEPA signed by Hong Kong and […]
Premier Wen Jiabao announced at the opening of this week's ASEAN meeting in Bali that the government would encourage Chinese companies to invest more in Southeast Asia. Wen suggested that in two years China's trade with the 10 ASEAN nations could overtake trade between the US and Southeast Asia, which was US$120 billion last year. […]
Hubei city set for full privatisation Huangshi city in Hubei province has set itself the goal of privatising all its remaining stateowned companies, South China Morning Post said. Developed as an industrial centre during the Qing dynasty, the city was China's main cement production base and once seen as a stronghold of state ownership. Now, […]
China set to lead filtration market A report by McIlvane Co of the US has predicted that China will play an increasingly important role in the market for macro liquid filtration equipment. By 2006, it is set to become the world's leading purchaser of granular media filters, which are used to purify drinking water. While […]
Veolia Environement, headquartered in France and one of the world's largest water and waste management companies, has increased its presence in the Chinese market. It has signed contracts valued at more than US$150m over their lifetimes to build a waste treatment plant in Beijing and a wasteto- energy plant in Shanghai. The contracts follow the […]