China's passenger traffic could grow to five times its current size in 20 years, an Airbus Industrie executive said. Airbus Vice-President for Customer Affairs Adam Brown said traffic growth could exceed 20% through 2005. At that point industry growth could slow down to a more conventional pace of 8.1% but still reach almost 500 billion […]
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Taiwan chipmakers are gearing up mainland investment plans in hopes Taipei will approve investment projects as early as September, industry news service Digitimes reported. Among many companies with projects on the boards, King Yuan Electronics plans to invest US$6.5 million in its existing Suzhou, Jiangsu province-based plant, according to a July 8 filing with Taiwan's […]
The Ministry of Information Industry (MII) called for Chinese companies to bid on 19 technology research projects to be funded by the Electronics and Information Industry Development Fund. The projects cover Linux software, semiconductors, network game software, digital cameras and TV, 3G mobile technology and other areas, including polymer batteries. Last year, the fund solicited […]
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Shenzhen clean-up
In an effort to tidy up the city's image, the Shenzhen government ordered a crackdown on saunas and brothels masquerading as guest houses. The city said it plans to inspect 2 million rented apartments by the end of the year. Mayor Li Hongzhong, blaming the sleaze on a badly regulated rental market, said transactions often […]
In a first, environmental authorities named and shamed 10 cities with the worst air pollution in the country. Linfen, Yanquan and Datong, all in central Shanxi province topped the list of 113 mainland cities assessed last year by the State Environmental Protection Administration. Cities in Henan, Gansu, Hebei, Hunan and Shaanxi provinces were also named. […]