A total of Yn44.5bn is to be spent on cleaning up Guangdong's Pearl River, said Xinhua. The money will go towards building wastewater processing plants and other schemes for cleaning up the river and its tributaries. The province has identified 175 firms that are considered a serious threat to the river's water quality and they […]
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Work starts on Shaanxi highway
Construction has started on a 65km highway in Shaanxi province. Twelve tunnels and 50 bridges will form part of the highway, which will connect the provincial capital Xian with Zuoshi county. One of the tunnels that will pass through Qinling Mountain will be 18km long, making it the longest in the country. The highway will […]
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Funds to tackle traffic congestion in Xian
The Asian Development Bank and the Spanish and Italian governments are funding a technical assistance scheme to address worsening traffic problems in Xian, Shaanxi province. The scheme will look at the city's road infrastructure and traffic management in a bid to ease congestion. The creation of 11 satellite towns will take some pressure off the […]
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DHL buys into Air Hong Kong
DHL Worldwide Express has agreed terms to buy 30 per cent of Cathay Pacific's Air Hong Kong cargo subsidiary. The two companies have pledged to invest US$300m by 2004 to buy more freighters. Currently, Air Hong Kong leases three Boeing 747-200 freighters from Cathay but the company wants to buy five more freighters by 2010. […]
Shanghai's Pudong Airport expects cargo growth of 15-20 per cent annually over the next five years, said the airport's marketing manager Yi Jiwu. "Air cargo usually grows 2 per cent for every 1 per cent rise in GDP, and Shanghai and the Yangtze Delta region is growing at 10 per cent," he explained. Last year, […]