China Economic ReviewThe phenomenal growth registered by Shenzhen’s technology sector is apparent from official statistics. In 1996, the output value of the city’s high-tech products amounted to Yn34.7bn, comprising 28.7 percent of Shenzhen’s total.
China is pushing ahead with sweeping changes to the airline industry that will lead to the creation of three big groups. However, not all the participants in the process are happy about their prospective partners. There is good and bad news for China’s big birds. On the positive side, Chinese airlines will grow bigger and […]
All Nippon Airways, Japan’s second largest airline, plans to increase its services to Chinese cities and other Asian destinations once a new runway is operational at Narita airport. The new runway, due to open in April this year, will allow ANA to use about 50 per cent more slots than it is currently allowed. The […]
China Southern Airlines has resumed its three weekly flights to Sharjah in the United Arab Emirates after suspending the service in the wake of the September 11 terrorist attacks. Xinhua said the service had been resumed because of a calming trend in the Middle East and growing market demand. The Boeing 757 service from Beijing […]
Shangri-La Hotels and Resorts announced that it will open a hotel in Fuzhou, capital of Fujian province, in early 2004. The 416- room property will be situated in the centre of the city, overlooking the main Wuyi Square. The US$70m new property will be majority owned by Shangri-La Asia. Another new hotel has opened in […]