Network spending fails to pick up China's telecoms operators are unlikely to increase their combined spending on network expansion this year, said a report in People's Post & Telecommunications News. The total was put at Yn207.7bn, about the same as in 2002, when spending slowed as a result of an industry restructuring. Of the country's […]
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Beijing Capital International Airport posted a 28 per cent year-on-year increase in earnings in 2002. The company said its net profit of Yn507m was the result of strong performances from aeronautical and nonaeronautical businesses, such as retailing, catering, advertising and car parking. Guangzhou Baiyun International Airport Co was expected to list on the Shanghai Stock […]
A feasibility study on a new trunk rail line from Beijing to Guangdong province was completed last month, reported China Daily. Trains on the 2,000km-long line to Shenzhen will be capable of a top speed of 200km/hour, twice that of the existing Beijing- Guangzhou line, according to an official with Shaoguan Transportation Bureau. The current […]
The Japan Bank for International Co-operation has signed loan agreements worth more than US$1bn with China. The priority areas for the loans are environmental conservation, education and poverty reduction. Six of the 13 projects in total cover environmental improvement. In Henan and Anhui provinces, projects will help to reduce air pollution by converting coal to […]
A report issued by the State Environmental Protection Administration concluded that, following a reduction in industrial pollution, chemical fertilisers, pesticides and animal waste of modern intensive agriculture were now the country's most serious environmental hazards, People's Daily said. The worst polluters were huge farms for rearing animals, which were often inappropriately sited and did not […]