Transport Infrastructure Development in China October Fung Business Intelligence Centre

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "Transport Infrastructure Development in China October 2013. Fung Business Intelligence Centre"

Transcription

1 Transport Infrastructure Development in China October 213 Fung Business Intelligence Centre

2 In this issue: Overview Four Transportation Modes Government Initiatives 2

3 Overview 3

4 Passenger traffic at a glance Passenger traffic by province, 212 Xinjiang Tibet > 5, million 2, million - 5, million 1, million - 2, million 5 million - 1, million < 5 million Source: China Statistical Yearbook (Abstract) 213 Gansu Qinghai Ningxia Shaanxi Henan Sichuan Chongqing Hubei Yunnan Inner Mongolia Guizhou Guangxi Hainan Beijing Liaoning Tianjin Hebei Shanxi Shandong Hunan Jiangxi Fujian Guangdong Jiangsu Anhui Zhejiang Heilongjiang Jilin Shanghai Passenger traffic in China, 212 Million Annual growth (%) Total 38,4 7.9% Highway 35, Railway 1, Water Air The top five busiest provinces in terms of passenger traffic, 212 Million Annual growth (%) Total 38,4 7.9% Guangdong 5, % Sichuan 2, % Jiangsu 2, % Shandong 2, % Zhejiang 2, % In 212, total passenger traffic in China was 38 billion, up by 7.9% year-on-year (yoy). It is observed that people in coastal area generally have higher levels of mobility as compared to their counterparts in inland area. Among the top five busiest provinces in terms of passenger traffic, Zhejiang and Guangdong grew with the fastest rates. It is believed that the presence of high-speed railway and intercity express were the major drivers. 4

5 Freight traffic at a glance Freight traffic by province, 212 (tonnes) Xinjiang Tibet > 3, million 2, million - 3, million 1, million - 2, million 5 million - 1, million < 5 million Source: China Statistical Yearbook (Abstract) 213 Gansu Qinghai Ningxia Shaanxi Henan Sichuan Chongqing Hubei Yunnan Inner Mongolia Guizhou Guangxi Hainan Beijing Liaoning Tianjin Hebei Shanxi Shandong Hunan Jiangxi Fujian Guangdong Jiangsu Anhui Zhejiang Heilongjiang Jilin Shanghai Freight traffic in China, 212 Million Annual growth (%) Total 4, % Highway 31, Railway 3,94 (.7) Water 4, Air 5.5 (2.2) Pipeline The top 5 busiest provinces in terms of freight traffic, 212 Million Annual growth (%) Total 4, % Shandong 3, % Anhui 3, % Henan 2, % Guangdong 2, % Jiangsu 2,2 8.6% In 212, total freight traffic in China was 41 billion tonnes, up by 1.9% yoy. Pearl River Delta, Yangtze River Delta and Bohai Rim recorded the strongest freight traffic volume. With industrial relocation from coastal areas to inland areas, freight traffic in inland China is now catching up, which was evident by the strong growth rates of freight traffic in Anhui and Henan. 5

6 Accelerating development in infrastructure Road (212) Fixed assets investment: 1,713 billion yuan (+6.6% yoy) Length of highway in operation: 4.2 million km (+3.2% yoy) Length of expressway in operation: 96,2 km (+13.3% yoy) Rail (212) Fixed assets investment: 66 billion yuan (+2.4% yoy) Length of railway in operation: 98,km (+5.4% yoy) Water (212) Fixed assets investment: 197 billion yuan (+2.1% yoy) Number of coastal and inland berths: 31,862 (-.3% yoy) Length of navigable inland waterway: 125, km Air (212) Fixed assets investment: 19 billion yuan (+3.2% yoy) Number of airports: 183 (+1.7% yoy) Source: China Statistical Yearbook (Abstract) 213 6

7 Road Transport 7

8 billion passenger-km billion tonne-km billion person billion tonne Highway passenger and freight traffic Total highway passenger traffic in China, Total passenger traffic yoy growth (%) Total highway passenger-kilometers in China, , 1,5 1, Total passenger-kilometers yoy growth (%) % % Total highway freight traffic in China, Total freight traffic yoy growth (%) Total highway freight-tonne-kilometers in China, , 6, 5, 4, 3, 2, 1, Total freight tonne-kilometers yoy growth (%) % % China s highway carried a total of 36 billion passengers in 212, up by 8.2% yoy. The total highway passenger-km rose by 1.2% yoy to 1,847 billion passenger-km. The volume of freight dispatched by highway in China amounted to 32 billion tonnes in 212, posting a yoy growth of 13.1%. The total highway freight-tonne-km climbed by 15.9% yoy to reach 5,954 billion tonne-km in 212. Source: China Statistical Yearbook (Abstract) 213 8

9 Guangdong registered the highest highway passenger traffic in China billion Passenger traffic by province, 212 (billion) Among all the provinces and municipalities in China, Guangdong registered the highest passenger traffic, with over 5.5 billion passengers in 212, followed by Sichuan (2.7 billion) and Jiangsu (2.6 billion). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Western China registered the highest highway passenger traffic among the five regions in China, with 7.8 billion passengers in 212, followed by northern China and southern China at 7.6 billion passengers each. Qinghai Ningxia Hebei Shanxi Shandong Passenger traffic by region, 212 (billion) Tibet > 5 billion 2 billion 3 billion 1 billion 2 billion.5 billion 1 billion <.5 billion Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangxi Guangdong Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract) 213 9

10 billion tonnes Shandong ranked first in highway freight transport in China Freight traffic by province, 212 (billion tonnes) In terms of highway freight traffic, Shandong was the busiest province with 3 billion tonnes of goods being transported in 212, followed by Anhui (2.6 billion) and Henan (2.5 billion). Xinjiang Gansu Beijing Tianjin Liaoning Heilongjiang Jilin Among the five regions in China, northern China ranked first in terms of volume of freight dispatched by road at 1.1 billion tonnes in 212, followed by central China (6.3 billion) and western China (5.8 billion). Qinghai Ningxia Hebei Shanxi Shandong Freight traffic by region, 212 (billion tonnes) Tibet > 2 billion 1.5 billion 2 billion 1 billion 1.5 billion.5 billion 1 billion <.5 billion Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangdong Guangxi Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract) 213 1

11 Rail Transport 11

12 billion passenger-km billion tonne-km million person billion tonne Railway passenger and freight traffic Total railway passenger traffic in China, , 1,5 1, Total railway passenger-kilometers in China, ,2 1, Total passenger traffic yoy growth (%) Total passenger-kilometers yoy growth (%) % % Total railway freight traffic in China, % (2) Total freight traffic yoy growth (%) Total railway freight-tonne-kilometers in China, ,5 12 3, , , 6 1,5 4 % 1, 2 5 (2) Total freight tonne-kilometers yoy growth (%) China s railway carried a total of 1,893 million passengers in 212, up by 1.7% yoy. The total railway passenger-km rose by 2.1% yoy to 981 billion passenger-km. The volume of freight dispatched by railway in China amounted to 3.9 billion tonnes in 212, dropped by.7% yoy. The total highway freighttonne-km reduced by.9% yoy to 2,919 billion tonne-km in 212. Source: China Statistical Yearbook (Abstract)

13 Again, Guangdong registered the highest railway passenger traffic in China million Passenger traffic by province, 212 (million) Among all the provinces and municipalities in China, Guangdong registered the highest passenger traffic, with over 15 million passengers in 212, followed by Liaoning (12 million) and Jiangsu (118 million). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Northern China registered the highest highway passenger traffic among the five regions, with 689 million passengers in 212, followed by eastern China (34 million) and central China (324 million). Qinghai Ningxia Hebei Shanxi Shandong Passenger traffic by region, 212 (million) Tibet > 15 million 1 million 15 million 7 million 1 million 5 million 7 million < 5 million Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangxi Guangdong Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)

14 million tonnes Shanxi ranked first in railway freight traffic in China Freight traffic by province, 212 (million tonnes) Shanxi province ranked first in China in terms of railway freight traffic at 715 million tonnes in 212, followed by Inner Mongolia (647 million) and Shaanxi (319 million). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Most of the railway freight was dispatched in northern China at 2,332 million tonnes in 212, followed by western China (82 million) and central China (298 million). Qinghai Ningxia Hebei Shanxi Shandong Freight traffic by region, 212 (million tonnes) Tibet > 5 million 1 million 5 million 7 million 1 million 5 million 7 million <5 million Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangdong Guangxi Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)

15 Current development of high-speed railway network in China (as of September 213)* * The exhibit covers eight high-speed railway routes in China, of which, four routes connecting north and south and the other four linking east and west. Source: Internet sources, compiled by Fung Business Intelligence Centre 15

16 Water Transport 16

17 billion passenger-km billion tonne-km million person billion tonne Waterway passenger and freight traffic Total waterway passenger traffic in China, (1) (15) Total waterway passenger-kilometers in China, (5) Total passenger traffic yoy growth (%) (1) (2) (3) Total passenger-kilometers yoy growth (%) % % Total waterway freight traffic in China, Total waterway freight-tonne-kilometers in China, , 8, 7, 6, 5, 4, 3, 2, 1, Total freight traffic yoy growth (%) (5) (1) (15) (2) (25) Total freight tonne-kilometers yoy growth (%) % % China s waterway carried a total of 258 million passengers in 212, up by 4.9% yoy. The total waterway passenger-km rose by 2.7% yoy to 7.7 billion passenger-km. The volume of freight dispatched by waterway in China amounted to 4.6 billion tonnes in 212, posting a yoy growth of 7.7%. The total waterway freight-tonne-km climbed by 8.3% yoy to reach 8,171 billion tonne-km in 212. Source: China Statistical Yearbook (Abstract)

18 million tonnes Zhejiang s waterway passenger traffic ranked first in China Passenger traffic by province, 212 (million) Among all the provinces, Zhejiang s waterway passenger traffic ranked first at 35 million persons in 212, followed by Sichuan (33 million) and Guangdong (27 million). Xinjiang Gansu Qinghai Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin Hebei Shanxi Ningxia Shandong Waterway passenger traffic in western region had outstanding performance, as compared with the other four regions in China. In 212, waterway passenger traffic in western China was 85 million persons, followed by southern China (65 million) and eastern China (46 million). Passenger traffic by region, 212 (million) Tibet > 3 million 1 million 3 million 5 million 1 million 2 million 5 million < 2 million Not applicable Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangxi Guangdong Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)

19 Again, Zhejiang registered the highest waterway freight traffic in China million tonnes Freight traffic by province, 212 (million tonnes) In terms of waterway freight tonnage, the top three busiest provinces in China were Zhejiang (738 million), Jiangsu (586 million) and Guangdong (577 million). Xinjiang Gansu Heilongjiang Jilin Liaoning Inner Mongolia Beijing Tianjin In 212, nearly half of the waterway freight traffic was dispatched in eastern China at 2,235 million tonnes, followed by southern China (1,78 million) and central China (543 million). Qinghai Ningxia Hebei Shanxi Shandong Freight traffic by region, 212 (million tonnes) Tibet > 5 million 1 million 5 million 5 million 1 million 1 million 5 million <1 million Not applicable Shaanxi Henan Jiangsu Sichuan Anhui Shanghai Hubei Chongqing Zhejiang Hunan Jiangxi Guizhou Fujian Yunnan Guangdong Guangxi Hainan Eastern Northern Southern Central Western Eastern China: Anhui, Jiangsu, Shanghai, Zhejiang Northern China: Beijing, Hebei, Heilongjiang, Inner Mongolia, Jilin, Liaoning, Shandong, Shanxi, Tianjin Southern China: Fujian, Guangdong, Guangxi, Hainan Central China: Henan, Hubei, Hunan, Jiangxi Western China: Chongqing, Gansu, Guizhou, Ningxia, Qinghai, Shaanxi, Sichuan, Tibet, Xinjiang, Yunnan Source: China Statistical Yearbook (Abstract)

20 Shanghai port ranked first in the world Top 1 coastal ports handling the largest container throughput in China, 212 (million TEU) Yingkou (4.9m) Tianjin (12.3m) Dalian (8.1m) Qingdao (14.5m) Lianyungung (5.m) Shanghai (32.5m) Ningbo-Zhoushan (16.8m) Xiamen (7.2m) Guangzhou (14.5m) Shenzhen (22.9m) The total container throughput by container port in China amounted to 177 million TEU in 212, up by 8.4% yoy. 22 ports handled more than 1 million TEU in 212, including 18 coastal ports and four inland ports. Eight out of the world s top 2 ports are located in China. Shanghai was the world s busiest container terminal in 212, handling 32.6 million TEU, followed by Shenzhen (Rank #4) and Ningbo-Zhoushan (Rank #6). Global ranking, 212 (million TEU) Rank in 212 Port 212 (million TEU) 1 1 Shanghai* Singapore Hong Kong Shenzhen* Busan Ningbo-Zhoushan* Guangzhou* Qingdao* Dubai Tianjin* Rotterdam, Port Kelang Kaohsiung Hamburg Antwerp Los Angeles Dalian* Tanjung Pelepas Xiamen* Bremen Rank in 211 Annual growth (%) * Note: Ports in the Mainland China Source: The Ministry of Transport and World Shipping Council 2

21 Air Transport 21

22 billion passenger-km billion tonne-km million person million tonne Air passenger and freight traffic Total air passenger traffic in China, Total air passenger-kilometers in China, Total passenger traffic yoy growth (%) Total passenger-kilometers yoy growth (%) % % Total air freight traffic in China, Total air freight-tonne-kilometers in China, Total freight traffic yoy growth (%) (5) (1) Total freight tonne-kilometers yoy growth (%) % % The total air passenger traffic in China rose by 8.9% yoy in 212 to 319 million passengers. The total air passenger-km reached 52.6 billion passenger-km, up by 1.8% yoy. The total air freight traffic in China amounted to 5.5 million tonnes in 212, dropped by 2.2% yoy. The total air freight-tonne-km was 16.4 billion tonne-km in 212, recorded a yoy drop of 5.8%. Source: China Statistical Yearbook (Abstract)

23 Beijing Capital International Airport was the 2 nd busiest passenger airport in the world Top 1 busiest passenger airports in China, 212 (million) In 212, 21 out of the 183 civil airports handled more than 1 million passengers, representing 74% of the total passenger throughput in China. The top four passenger airports in Beijing Capital, Guangzhou, Shanghai Pudong and Shanghai Hongqiao together accounted for 31% of the total passenger throughput in China. Chengdu (32 million) Kunming (24 million) Chongqing (22 million) Beijing (82 million) Xi an (23 million) Guangzhou (48 million) Hangzhou (19 million) Xiamen (17 million) Shenzhen (3 million) Shanghai Pudong + Hongqiao (79 million) Beijing Capital International Airport was the second busiest passenger airport in the world, carrying 81.9 million passengers in 212. Global ranking (million) Airport 212 (million) 1 Atlanta United States Beijing Capital* China London Heathrow United Kingdom Tokyo Haneda Japan Chicago United States Los Angeles United States Paris France Dallas/Fort Worth United States Jakarta Indonesia Dubai United Arab Emirates Frankfurt Germany Hong Kong Hong Kong, China Denver United States Bangkok Thailand Singapore Singapore Amsterdam Netherlands New York United States Guangzhou* China Madrid Spain Istanbul Turkey Shanghai Pudong* China Rank in 212 Annual growth (%) *Note: Airports in the Mainland China Source: China Statistical Yearbook (Abstract) 213 and Airport Council International 23

24 Shanghai Pudong International Airport was the 3 rd busiest cargo airport in the world Top 1 busiest cargo airports in China, 212 (million tonnes) In 212, 2 out of the 183 civil airport handled more than 1, tonnes of goods, accounting for 88% of the total air freight throughput of the year. The top four airports in Shanghai Pudong, Beijing Capital, Guangzhou and Shenzhen together accounted for 57% of the total air freight throughput in China. Shanghai Pudong International Airport was the third busiest cargo airport in the world, carrying 2.94 million tonnes in 212. Chengdu (.51 million) Kunming (.26 million) Chongqing (.27 million) Beijing (1.8 million) Nanjing (.25 million) Hangzhou (.34 million) Xiamen (.27 million) Guangzhou (1.25 million) Shenzhen (.85 million) Shanghai Pudong + Hongqiao (3.37 million) Global ranking (million tonnes) Rank in 212 Airport 212 (million tonnes) Annual growth (%) 1 Hong Kong Hong Kong, China Memphis United States Shanghai Pudong* China Incheon South Korea Anchorage United States Dubai United Arab Emirates Louisville United States Paris France Frankfurt Germany Tokyo Narita Japan Miami United States Singapore Singapore Beijing Capital* China Los Angeles United States Taipei Taiwan, China London Heathrow United Kingdom Chicago United States Amsterdam The Netherlands Bangkok Thailand New York United States Guangzhou* China Indianapolis United States Tokyo Haneda Japan Shenzhen* China Leipzig Germany *Note: Airports in the Mainland China Source: China Statistical Yearbook (Abstract) 213 and Airport Council International 24

25 Government Initiatives 25

26 The 12 th Five-Year Development Plan for Integrated Transportation System In July 212, the State Council promulgated the 12 th Five-Year Development Plan (FYP) for Integrated Transportation System. Major tasks during the 12 th FYP period: Accelerate the development of transport infrastructure and facilities Set-up inter-regional transportation networks Develop 42 integrated transportation hubs Establish inter-city transportation networks Strengthen public transport network Set-up rural transportation facilities Accelerate the transportation linkage with Hong Kong and Macau Uplift the technological level in transportation system and equipment Improve transportation service quality, providing a competitive market environment for the development of transportation and logistics services Strengthen traffic safety management Save resources in the process of transportation planning, construction, operation and maintenance; promoting environmental protection Key development goals for transport infrastructure by 215 (end of the 12 th FYP period): Indicators Unit 212 By 215 Length of railway in operation km electrified % Length of highway in operation Coastal deep-water berths km 4,2 4,5 Unit 1,774 (21 data) 2,214 Number of civil airports Unit Source: China Statistical Yearbook (Abstract) 213 and government website For more details, please refer to our Newsletter Issue 14 - An Update on the Transport Infrastructure Development in China (212) 26

27 Dismantling the Ministry of Railways Dismantling of Ministry of Railways Administrative arm Supervised by Formulating railway plans and policies Establishing railway technology standards Supervising railway work safety Assuring transport service quality and railway project quality Commercial arm Dispatch and command of rail transport Freight and passenger transport management Railway construction Newly established Ministry of Transport China Railways Corporation The State Council announced its plan in March 213 to dismantle the Ministry of Railways (MOR) to form administrative and commercial arms. Railway administration functions are to be supervised by the Ministry of Transport (MOT), while the newly formed China Railway Corporation (CRC) is to be responsible for all commercial activities. It is expected that restructuring will enhance China s transportation capabilities, as rail, road, water and air transport are managed and monitored under the same umbrella, the MOT. Integration should remove barriers against developing inter-modal transport between rail and other transport modes. Source: Compiled by Fung Business Intelligence Centre For more details, please refer to our Newsletter Issue Logistics reports in China: 27

28 Expanding VAT reform pilot programme nationwide Effective from 1 January 212 Effective from 1 August 213 Transportation services sector - Road transport - Water transport - Air transport - Pipeline transport Modern services sectors - Research, development and technical services - Information technology services - Cultural creative services - Logistics auxiliary services - Certification and consulting services - Tangible, movable property leasing services - Production, broadcast and publication of radio, films and television programmes In April 213, the State Council announced that it will expand the current Value-Added Tax (VAT) pilot programme nationwide and cover more services industries under the pilot scope. The VAT reform, which replaces Business Tax with VAT in the transportation service sector and selected modern service sectors, was first rolled out in Shanghai on 1 January 212, and was later expanded to a number of provinces and cities in China including Beijing, Tianjin, Jiangsu, Zhejiang, Anhui, Fujian, Hubei and Guangdong. VAT rates for the transportation and logistics auxiliary service sectors are 11% and 6%, respectively. The nationwide expansion announced will complete the first stage of the rollout of the VAT reform. Meanwhile, the scope of the VAT reform has also been expanded. The State Council has indicated that the rail transport, postal and telecommunication industries will be covered by the VAT pilot programme in the near future. Source: Compiled by Fung Business Intelligence Centre For more details, please refer to our Newsletter Issue Logistics reports in China: 28

29 Major government policies related to transport infrastructure development Date Name of Policy Launched by Key Highlights May 212 Opinions on Encouraging Private Investment in Railways Ministry of Railways - Support private enterprises to invest in the construction of railway projects, including dedicated passenger lines, inter-regional lines, dedicated coal lines, rail stations, etc. - Encourage private enterprises to provide passenger and freight services - Encourage private enterprises to participate in inspection and safety evaluation of rail projects, etc. July 212 Opinions on Strengthening Road Transport Safety The State Council - Strengthen safety management of road transport enterprises via regulating the operation activities and standardizing road safety mechanism of enterprises - Reinforce the safety responsibility of road transport enterprises July 212 Opinions on Promoting the Development of Civil Aviation Industry The State Council - Strengthen airport network planning and the connectivity between hub airports and small airports - Accelerate the development of general aviation - Enhance airport competitiveness in the international aviation market - Accelerate the establishment of a modernized air space system August 212 Opinions on Improving Management and Accelerating the Healthy Development of the Shipping Sector Ministry of Transport - Enhance market surveillance and analysis of the shipping sector - Strengthen resource allocation and vessels capacity control - Encourage the development of shipping enterprises by promoting merger and acquisition, and organizational restructuring September 213 Action Plan of Accelerating the Development of Yangtze River and Other Inland Waterways (213 22) Ministry of Transport - Accelerate the construction of inland waterways networks along Yangtze River, Xijiang River, Beijing-Hangzhou Grand Canal and the Pearl River Delta - Optimize the hubbing functions of inland ports - Upgrade the service standard of inland waterways - Support project development and standardize the requirement of each project Source: Government websites 29

30 For more information Fung Business Intelligence Centre 1/F, LiFung Tower, 888 Cheung Sha Wan Road, Kowloon, Hong Kong Tel: Fax: Copyright 213 The Fung Business Intelligence Centre. All rights reserved. Though the Fung Business Intelligence Centre endeavours to ensure the information provided in this publication is accurate and updated, no legal liability can be attached as to the contents hereof. Reproduction or redistribution of this material without prior written consent of the Fung Business Intelligence Centre is prohibited. 3

China - One Nation, Multiple Markets

China - One Nation, Multiple Markets Hong Kong Your Fast Track to China China - One Nation, Multiple Markets Presented by : Fanny Ting Marketing Director Victorinox Hong Kong Limited Agenda 1. How Victorinox Hong Kong (VHK) sees the China

More information

Global Access Information. Conferencing

Global Access Information. Conferencing Conferencing Global Access Information Global Access allows audio conferencing participants the ability to join calls from around the globe using local and freephone dial-in numbers. Dialing Information

More information

China Railways Development, Financing and Challenges

China Railways Development, Financing and Challenges China Railways Development, Financing and Challenges Zhang, Jianping Depart. of Development & Planning Ministry of Railway, P. R. China March 31, 2006 Transport Forum, World Bank 1. Current Situation of

More information

China: Business Opportunities and Challenges

China: Business Opportunities and Challenges China: Business Opportunities and Challenges March 3, 2005 Agenda Vitro Overview Business Opportunities in China Business Challenges in China 1 Vitro's Profile 2004 3Q-LTM Sales 1 : US$2,261 Mill 90% of

More information

CNOOC Natural Gas Business

CNOOC Natural Gas Business CNOOC Natural Gas Business CNOOC 2 October 2014 1. CNOOC Gas & Power Overview 2. Chinese Gas Market Overview 3. Chinese Economic & Gas Market Update 4. Chinese Gas Market Outlook 5. Summary CNOOC Overview

More information

Annual Salary Survey Report 2013

Annual Salary Survey Report 2013 Annual Salary Survey Report 2013 14 th October 2013 Results and key findings of the 6 th annual wage survey of the German Chamber of Commerce in China Full report is available free of charge for GCC members.

More information

POLICY ON DATA PROTECTION AND PRIVACY OF PERSONAL DATA

POLICY ON DATA PROTECTION AND PRIVACY OF PERSONAL DATA PURPOSE: POLICY ON DATA PROTECTION AND PRIVACY OF PERSONAL DATA This Policy sets forth how the Company will manage the Personal Data that it collects in the normal course of business. SCOPE: This Policy

More information

Development of Shanghai Integrated Transport (2010-2015) XIAO Hui and GU Yu

Development of Shanghai Integrated Transport (2010-2015) XIAO Hui and GU Yu Development of Shanghai Integrated Transport (2010-2015) XIAO Hui and GU Yu Abstract This article summarises the general situation of Shanghai s integrated transport system and then determines the trends

More information

F n i a n l a Ac A c c o c u o n u t n s t of o th t e h Ch C i h n i a

F n i a n l a Ac A c c o c u o n u t n s t of o th t e h Ch C i h n i a Final Accounts of the China Securities Regulatory Commission (CSRC) 2012 1 Content Part I Profile of the CSRC I. Main responsibilities II. Composition of department budget entities Part II Final Accounts

More information

Asian electricity and gas price drivers and trends Presentation at the 18 th World Chlor-alkali Conference, Singapore Mike Thomas

Asian electricity and gas price drivers and trends Presentation at the 18 th World Chlor-alkali Conference, Singapore Mike Thomas Asian electricity and gas price drivers and trends Presentation at the 18 th World Chlor-alkali Conference, Singapore Mike Thomas (mthomas@lantaugroup.com) 19 June 2014 Observation Asia faces unprecedented

More information

What happened so far?

What happened so far? Marcus Wassmuth June 15th, 2011 Use of CNY in International Trade Settlement German Chamber Shanghai Workshop Controlling Marcus Wassmuth, June 15th, 2011, Page 1 Titel der Präsentation, Referent, Seite

More information

Lawrence Berkeley National Laboratory. Key China Energy Statistics

Lawrence Berkeley National Laboratory. Key China Energy Statistics Lawrence Berkeley National Laboratory Key China Energy Statistics 2012 The LBNL China Energy Group The China Energy Group at Lawrence Berkeley National Laboratory (LBNL) was established in 1988. Over the

More information

Development of the Internet and Digital Divide in China: A Spatial Analysis

Development of the Internet and Digital Divide in China: A Spatial Analysis Development of the Internet and Digital Divide in China: A Spatial Analysis Wei, University of Louisville We are in an era in which the nature of work, as measured by the industrial or occupational structure

More information

China s Electricity System: A Primer on Planning, Pricing, and Operations. Fritz Kahrl Jim Williams E3

China s Electricity System: A Primer on Planning, Pricing, and Operations. Fritz Kahrl Jim Williams E3 China s Electricity System: A Primer on Planning, Pricing, and Operations Fritz Kahrl Jim Williams E3 Context Framing question: How to reduce CO 2 emissions in China s power sector? Figure: Wind Curtailment

More information

China: The second home market of the Volkswagen Group

China: The second home market of the Volkswagen Group China: The second home market of the Volkswagen Group Carsten Isensee Executive Vice President Finance, Volkswagen Group China HSBC Roadshow, Hongkong, 24-25 November 2014 Business overview and sales performance

More information

Challenges and Perspectives of Welfare Regimes in China

Challenges and Perspectives of Welfare Regimes in China Challenges and Perspectives of Welfare Regimes in China Ye Jingzhong, Wang Yihuan 1 During the period of planned economy, China adopted a highly centralized approach to welfare provision, i.e. the social

More information

Infrastructure in China

Infrastructure in China INFRASTRUCTURE Infrastructure in China Sustaining quality growth kpmg.com/cn Sustaining quality growth Infrastructure in China 3 Contents 4 Introduction 6 12 th Five-Year Plan 10 Roads 14 Railways 18

More information

Key Development Trends in Supply Chain Management

Key Development Trends in Supply Chain Management Key Development Trends in Supply Chain Management November 4, 2010 A member of the Li & Fung Group Three Key Supply Chain Challenges These Days 1. Unpredictable Customer Demand 2. Sophisticated Supply

More information

Session C1: 14.40 15.30. An Overview of Actuarial Assessment of Damages in Personal Injury Litigation in Asia

Session C1: 14.40 15.30. An Overview of Actuarial Assessment of Damages in Personal Injury Litigation in Asia Session C1: 14.40 15.30 An Overview of Actuarial Assessment of Damages in Personal Injury Litigation in Asia Wai Sum Chan, PhD, FSA, HonFIA, CStat Professor of Finance The Chinese University of Hong Kong

More information

Social Insurance in China

Social Insurance in China Issue 138 November 2013 From Dezan Shira & Associates Social Insurance in China Overview of Social Insurance in China Foreigners Participation in China s Social Insurance System Determining Minimum and

More information

BlueScope Butler China

BlueScope Butler China China Shanghai Analyst Briefing - Shanghai 12th November, 2004 Presented by: Mike Alossi President BlueScope Steel China Tianjin Presentation Outline 1. Overview 2. Facilities and Processes 3. Products

More information

Investing in China s private healthcare system

Investing in China s private healthcare system 1Minutes Industry Series Healthcare China s reformed health sector Investing in China s private healthcare system April 213 Highlights Reform in China will expand healthcare for citizens and allow foreign

More information

China Internet. Report. The Second Quarter of 2013. Content-aware Network Services. en.chinac ache. com. www.ccindex.cn. ChinaCache.

China Internet. Report. The Second Quarter of 2013. Content-aware Network Services. en.chinac ache. com. www.ccindex.cn. ChinaCache. Content-aware Network Services China Internet en.chinac ache. com www.ccindex.cn Report The Second Quarter of 201 ChinaCache ChinaCache_CCIH ChinaCache International Holdings Ltd. Table of Contents Abstract

More information

Patterns of Domestic Grain Flows and Regional Comparative Advantage in Grain Production in China

Patterns of Domestic Grain Flows and Regional Comparative Advantage in Grain Production in China ACIAR China Grain Market Policy Project Paper No. 9 Patterns of Domestic Grain Flows and Regional Comparative Advantage in Grain Production in China Chen Chunlai (Department of Economics, Adelaide University)

More information

Teacher Education in China : Current Situation & Related Issues

Teacher Education in China : Current Situation & Related Issues 2013-04-26 Teacher Education in China : Current Situation & Related Issues Dr. Tingjie YU Zhejiang Normal University 2 Institute of Educational Science (IES) of Zhejiang Normal University IES, established

More information

Connecting Global Competence. The future of building for China

Connecting Global Competence. The future of building for China Connecting Global Competence The future of building for China BAU Congress China BAU Congress China is an annual congress and accompanying exhibition that focuses clearly on high-quality building design,

More information

Nonperforming Debts in Chinese Enterprises: Patterns, Causes, and Implications for Banking Reform *

Nonperforming Debts in Chinese Enterprises: Patterns, Causes, and Implications for Banking Reform * Nonperforming Debts in Chinese Enterprises: Patterns, Causes, and Implications for Banking Reform * Geng Xiao The University of Hong Kong Hong Kong, SAR, China xiaogeng@hku.hk Abstract Given the domination

More information

On October 23, 2002, Peking University Library, the

On October 23, 2002, Peking University Library, the INTERNATIONAL PERSPECTIVES The Academic Library Development in China by Jianzhong Wu and Ruhua Huang On October 23, 2002, Peking University Library, the biggest university library in Asia, celebrated its

More information

An Overview of Cathay Pacific Airways

An Overview of Cathay Pacific Airways An Overview of Cathay Pacific Airways A Home Carrier in Hong Kong Founded in 1946 Based in Hong Kong 126 aircraft, average age under 11 years 117 destinations in 37 countries worldwide 18,500 staff: including

More information

German Business in China

German Business in China German Business in China Business Confidence Survey 2015 Press Conference China German Business in China Key Developments China has emerged as one of Germany s most important international partner economies.

More information

Outline. Urbanization. Prospect of automobile industry in process of the Mega city develpment in China. 1. Urbanization development in Great China

Outline. Urbanization. Prospect of automobile industry in process of the Mega city develpment in China. 1. Urbanization development in Great China Outline 1. Urbanization development in Great China 2. Mobility development in the process of China s urbanization Prospect of automobile industry in process of the Mega city develpment in China Die Zukunft

More information

BUSINESS REVIEW. The following table sets out our key operating data in 2002, 2003 and 2004.

BUSINESS REVIEW. The following table sets out our key operating data in 2002, 2003 and 2004. PIONEERING The following table sets out our key operating data in 2002, 2003 and 2004. Key Operating Data Change 2004 over Unit 2002 2003 2004 2003 Local wireline access lines in service thousand 133,056

More information

Fung Business Intelligence Centre

Fung Business Intelligence Centre Fung Business Intelligence Centre 1 Regional development By province By city Economic performance & commercial landscape of major cities 2 Regional Development - By province 3 Five major regions in China

More information

Beijing Jiaotong University (BJTU) is a university with over 100 years

Beijing Jiaotong University (BJTU) is a university with over 100 years Logistics Informatics and Its Practice in China Dr. Runtong Zhang Professor & Head Department of Information Management School of Economics and Management Beijing Jiaotong University Beijing, 100044 China

More information

Cities Research Center, 2015. China60: From Fast Growth to Smart Growth

Cities Research Center, 2015. China60: From Fast Growth to Smart Growth Cities Research Center, 2015 China60: From Fast Growth to Smart Growth 2 Cities Research Center China60 Cities Research Center China60 3 Contents Foreword 5 Executive Summary 7 Introducing the China60

More information

Rural Energy Consumption and its impacts on Climate Change

Rural Energy Consumption and its impacts on Climate Change Rural Energy Consumption and its impacts on Climate Change Rural Energy Program Global Environmental Institute 2011 With Support from: 1 Content Executive Summary... 4 Acknowledgements... 6 1. Introduction...

More information

Global Real Estate Outlook

Global Real Estate Outlook Global Real Estate Outlook August 2014 The Hierarchy of Economic Performance, 2014-2015 China Indonesia India Poland South Korea Turkey Australia Mexico United Kingdom Sweden United States Canada South

More information

China Telecom Corporation Limited

China Telecom Corporation Limited THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action to be taken, you should consult your stockbroker or other

More information

Statistical Report on Internet Development in China

Statistical Report on Internet Development in China Statistical Report on Internet Development in China (January 2014) China Internet Network Information Center Preface In 1997 state competent departments decided to let China Internet Network Information

More information

Review of the Development and Reform of the Telecommunications Sector in China

Review of the Development and Reform of the Telecommunications Sector in China Please cite this paper as: OECD (2003), Review of the Development and Reform of the Telecommunications Sector in China, OECD Digital Economy Papers, No. 69, OECD Publishing. http://dx.doi.org/10.1787/233204728762

More information

China Business Dashboard January 2007

China Business Dashboard January 2007 China Business Dashboard January 2007 Key headlines Bubbly growth expectations: Executives' confidence in China remains extremely high, particularly with regard to domestic sales prospects. Confidence

More information

Statistical Report on Internet Development in China

Statistical Report on Internet Development in China Statistical Report on Internet Development in China (January 2013) China Internet Network Information Center Preface In 1997, state competent departments decided through discussion to let China Internet

More information

INTERPROVINCIAL MIGRATION IN CHINA: THE EFFECTS OF INVESTMENT AND MIGRANT NETWORKS

INTERPROVINCIAL MIGRATION IN CHINA: THE EFFECTS OF INVESTMENT AND MIGRANT NETWORKS INTERPROVINCIAL MIGRATION IN CHINA: THE EFFECTS OF INVESTMENT AND MIGRANT NETWORKS by Shuming Bao China Data Center University of Michigan 1810 South University Avenue Ann Arbor, MI 48109-1106, USA Phone:

More information

CONTACT US. CITIC Group Corporation

CONTACT US. CITIC Group Corporation CITIC Group Corporation District, Website: http://www.citicgroup.com.cn CITIC Limited District, Website: http://www.citic.com Citic Guoan Wine Industry Co., Ltd. (listed company) Telephone: 86-991-8883267

More information

[ Review of. Operations ]

[ Review of. Operations ] [ Review of Operations ] 14 The port and cargo handling operations of PPC encompass the geographic regions of North China, East China and South China. The greatest activity is in the South China ports

More information

Human Resources Solution For Group Enterprise

Human Resources Solution For Group Enterprise Human Resources Solution For Group Enterprise TESTIMONIALS UFIDA-eHR has been implemented in our offices at 19 provinces throughout China and has tremendously upgraded the performance of our HR management.

More information

China Private Wealth Report. China s private banking industry: Deeper relationships produce stronger ties

China Private Wealth Report. China s private banking industry: Deeper relationships produce stronger ties China Private Wealth Report China s private banking industry: Deeper relationships produce stronger ties DIREC TORY Table of contents Preface: Deeper relationships produce stronger ties... 1 Acknowledgments...

More information

13 th Statistical Survey on the Internet Development in China (Jan. 2004) China Internet Network Information Center

13 th Statistical Survey on the Internet Development in China (Jan. 2004) China Internet Network Information Center 13 th Statistical Survey on the Internet Development in China (Jan. 2004) China Internet Network Information Center Table of Content Section I Background...2 Section II Survey Content...2 Section III Description

More information

Setting up Business in China - Advertising Business. 16 September 2015

Setting up Business in China - Advertising Business. 16 September 2015 Setting up Business in China - Advertising Business 16 September 2015 1 Today s Agenda A. Snapshots of China B. An overview of the China media market C. How to set up a business in China 2 (A) SNAPSHOTS

More information

Carlos Fernández Alvarez. Senior Coal Analyst

Carlos Fernández Alvarez. Senior Coal Analyst Carlos Fernández Alvarez. Senior Coal Analyst AGENDA BACKGROUND What is coal, how is coal mined, where is coal used for COAL ATTRIBUTES Coal is cheap, abundant and diversified SUPPLY AND DEMAND TRENDS

More information

Logistics Industry in China. August 2013!"#$%&"'(#)''%*#+),,($)#-)%.)#+/)

Logistics Industry in China. August 2013!#$%&'(#)''%*#+),,($)#-)%.)#+/) Logistics Industry in China August 2013!"#$%&"'(#)''%*#+),,($)#-)%.)#+/) Table of Contents Introduction... 2 Industry overview... 3 Logistics industry demonstrates robust growth... 4 Total logistics costs

More information

2015 Half-year results Conference presentation for investors, analysts & media

2015 Half-year results Conference presentation for investors, analysts & media 2015 Half-year results Conference presentation for investors, analysts & media Basel, 20 August 2015 Disclaimer This presentation contains certain forward-looking statements that reflect the current views

More information

Annual Development Report on China's Trademark Strategy 2010

Annual Development Report on China's Trademark Strategy 2010 Annual Development Report on China's Trademark Strategy 2010 TRADEMARK OFFICE/TRADEMARK REVIEW AND ADJUDICATION BOARD OF STATE ADMINISTRATION FOR INDUSTRY AND COMMERCE PEOPLE`S REPUBLIC OF CHINA Comprehensively

More information

China Mobile (Hong Kong) Limited ANNUAL REPORT 2005. Stock code: 941

China Mobile (Hong Kong) Limited ANNUAL REPORT 2005. Stock code: 941 China Mobile (Hong Kong) Limited ANNUAL REPORT 2005 Stock code: 941 1 THE CORE VALUE OF CHINA MOBILE Responsibility makes perfection About the cover Over the years, China Mobile has never rested on its

More information

CHINA FORDOO HOLDINGS LIMITED

CHINA FORDOO HOLDINGS LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

GLOBAL TRANSPARK: NEW COMPETITIVENESS FOR HONG KONG AND SOUTH CHINA BASED ON AIR LOGISTICS

GLOBAL TRANSPARK: NEW COMPETITIVENESS FOR HONG KONG AND SOUTH CHINA BASED ON AIR LOGISTICS GLOBAL TRANSPARK: NEW COMPETITIVENESS FOR HONG KONG AND SOUTH CHINA BASED ON AIR LOGISTICS by Victor Sit Sit, V., 2004: Global TransPark: New Competitiveness for Hong Kong and South China Based on Air

More information

The Role and Scope of Private Medical Practice in China. Lim Meng Kin Yang Hui, Zhang Tuohong Zhou Zijun Feng Wen Chen Yude

The Role and Scope of Private Medical Practice in China. Lim Meng Kin Yang Hui, Zhang Tuohong Zhou Zijun Feng Wen Chen Yude The Role and Scope of Private Medical Practice in China Lim Meng Kin Yang Hui, Zhang Tuohong Zhou Zijun Feng Wen Chen Yude March 2002 Contents Page List of tables List of figures Acknowledgements Abstract

More information

Local Government Financing Platforms in China: A Fortune or Misfortune?

Local Government Financing Platforms in China: A Fortune or Misfortune? WP/13/243 Local Government Financing Platforms in China: A Fortune or Misfortune? Yinqiu Lu and Tao Sun 213 International Monetary Fund WP/13/243 IMF Working Paper European Department and Monetary and

More information

LISTADO DE UNIVERSIDADES ESPAÑOLAS QUE HAN SUSCRITO ACUERDOS CON UNIVERSIDADES CHINAS

LISTADO DE UNIVERSIDADES ESPAÑOLAS QUE HAN SUSCRITO ACUERDOS CON UNIVERSIDADES CHINAS Embajada De España En China CONSEJERIA DE EDUCACIÓN LISTADO DE UNIVERSIDADES ESPAÑOLAS QUE HAN SUSCRITO ACUERDOS CON UNIVERSIDADES CHINAS [Actualizada en 5 de mayo de 2011] Nº Universidad españolas (por

More information

Mapping the Trend of Regional Inequality in China from Nighttime Light Data

Mapping the Trend of Regional Inequality in China from Nighttime Light Data Mapping the Trend of Regional Inequality in China from Nighttime Light Data Xiaomeng Jin, Chi Chen Abstract In the past 50 years, a series of reform policies accelerated the development in China, especially

More information

SUMMARY OF CONTENTS. Economic Cooperation

SUMMARY OF CONTENTS. Economic Cooperation SUMMARY OF CONTENTS Economic Cooperation The Chinese central government and the government of the Hong Kong SAR have signed a Supplement IV to the Mainland and Hong Kong Closer Economic Partnership Arrangement

More information

The Basic old-age insurance of China: Challenges and Countermeasures. Zhen Li 1

The Basic old-age insurance of China: Challenges and Countermeasures. Zhen Li 1 The Basic old-age insurance of China: Challenges and Countermeasures Zhen Li 1 1. Introduction China established the basic old-age insurance system (BOAI) for urban employees in 1997. China s basic old-age

More information

Hong Kong: The gateway to Mainland markets. Hong Kong Economic and Trade Office (Toronto)

Hong Kong: The gateway to Mainland markets. Hong Kong Economic and Trade Office (Toronto) Hong Kong: The gateway to Mainland markets Hong Kong Economic and Trade Office (Toronto) October, 2013 1 Hong Kong Special Administrative Region SAR of the People s Republic of China since 1 July 1997

More information

Utilizing and Prospects for the Guangdong Pilot Free Trade Zone

Utilizing and Prospects for the Guangdong Pilot Free Trade Zone Mizuho Bank, Ltd., Hong Kong Corporate Banking Division No. 1 China ASEAN Research & Advisory Department June 2015 Utilizing and Prospects for the Guangdong Kazutaka Sakauchi China ASEAN Research & Advisory

More information

P R E S S R E L E A S E

P R E S S R E L E A S E P R E S S R E L E A S E Contact: Robert McGrath 212.984.8267 robert.mcgrath@cbre.com Corey Mirman 212.984.6542 corey.mirman@cbre.com LONDON IS WORLD S MOST EXPENSIVE OFFICE MARKET FOR SECOND STRAIGHT YEAR

More information

A Study Report on China Environmental and Economic Accounting in 2004

A Study Report on China Environmental and Economic Accounting in 2004 A Study Report on China Environmental and Economic Accounting in 2004 Wang Jinnan Yu Fang 1 Cao Dong Jiang Hongqiang Zhao Yue Pan Wen Ge Chazhong Guo Xiaomin Gao Shuting Yan Gang (Chinese Academy for Environmental

More information

CHINA WEALTH 2011. Wealth Markets in China. Seeking the Opportunity to Lead

CHINA WEALTH 2011. Wealth Markets in China. Seeking the Opportunity to Lead CHINA WEALTH 211 Wealth Markets in China Seeking the Opportunity to Lead About The Boston Consulting Group The Boston Consulting Group (BCG) is a global management consulting firm and the world s leading

More information

Business Regulation and Tax Analysis

Business Regulation and Tax Analysis Tax Issue P186/2013 27 September 2013 Business Regulation and Tax Analysis Authors: Shanghai Leonard Khaw, Tel: +86 21 6141 1498 Email: lkhaw@deloitte.com.cn Clare Lu, /Attorney-at-law Tel: +86 21 6141

More information

Industrial Relocation of Foxconn (East West)

Industrial Relocation of Foxconn (East West) Student Research Projects/Outputs No.038 Industrial Relocation of Foxconn (East West) Enar lazcano MBA 2009 China Europe International Business School 699, Hong Feng Road Pudong, Shanghai People s Republic

More information

An Overview of the Educational Administration

An Overview of the Educational Administration 1. There Firstly, Professional 171 An Overview of the Educational Administration Higher Education System of China are 1080 universities and colleges of full-time higher education in China. They areadminis

More information

China s Railway Development Program and the Vision for the Future

China s Railway Development Program and the Vision for the Future China s Railway Development Program and the Vision for the Future INDIAN RAILWAYS STRATEGY WORKSHOP New Delhi, March 2009 John Scales, Transport Coordinator, Beijing Jit Sondhi, Railway Consultant 0 Contents

More information

HKFRS Update. March 2013 year-end focus areas. Background. What are the new and revised HKFRSs that are effective as at 1 April 2012?

HKFRS Update. March 2013 year-end focus areas. Background. What are the new and revised HKFRSs that are effective as at 1 April 2012? HKFRS Update March 2013 year-end focus areas April Newsletter Issue No. 2/2013 Background This update serves as a reminder and provides a summary of significant areas to consider in preparing your financial

More information

www.pwccn.com Overview of China s Aircraft Leasing Industry Promoting industry development

www.pwccn.com Overview of China s Aircraft Leasing Industry Promoting industry development www.pwccn.com Overview of China s Aircraft Leasing Industry Promoting industry development PwC-Aircraft Leasing Abstract October, 2012 Index 1. China leasing industry and aircraft leasing industry an

More information

China P&C Insurance and Reinsurance Market Report

China P&C Insurance and Reinsurance Market Report China P&C Insurance and Reinsurance Market Report September 2013 Empower Results Contents 3 Foreword 4 Executive Summary 5 Insurance Market Overview 16 Reinsurance Market Overview 50 Appendices 56 Glossary

More information

HNA Capital, Creating a Miracle

HNA Capital, Creating a Miracle HNA Capital, Creating a Miracle CONTENTS 01 Capital Overview 02 Business Profile 03 Social Responsibilities 04 Global Organizations 01 PART ONE Capital Overview HNA Capital Introduction As the a core industry

More information

I. The Establishment and Development of Teaching of Traditional Chinese Instrumental Music Theory in the 20 th Century

I. The Establishment and Development of Teaching of Traditional Chinese Instrumental Music Theory in the 20 th Century The Teaching of Traditional Chinese Instrumental Music Theory In the 20 th Century and Its Future Development Yuan Jingfang, Central Conservatory of Music, Beijing, China I. The Establishment and Development

More information

ECONOMIC CONTRIBUTION

ECONOMIC CONTRIBUTION ECONOMIC CONTRIBUTION HKIA works around the clock to support Hong Kong s role as a financial, logistics and transportation hub by connecting the city, the PRD and Southeast Asia through its large network

More information

Harbin Bank s Featured Road to Inclusive Finance

Harbin Bank s Featured Road to Inclusive Finance Harbin Bank s Featured Road to Inclusive Finance Ms. Sun Jiawei, Assitant President of Harbin Bank 2014 August 6th Sun Jiawei, is the assistant president of Harbin Bank, standing director of China Association

More information

OVERSEAS REGULATORY ANNOUNCEMENT

OVERSEAS REGULATORY ANNOUNCEMENT Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

TOM OMG ranks third largest advertising company in China on successfully Integration

TOM OMG ranks third largest advertising company in China on successfully Integration TOM OMG ranks third largest advertising company in China on successfully Integration Hong Kong, July 10, 2005 TOM Outdoor Media Group Limited (TOM OMG), the outdoor advertising flagship of media group

More information

The Volvo Group SustainableTransportation

The Volvo Group SustainableTransportation The SustainableTransportation Jan Hellaker VP, Transport Solutions & Services Trucks Technology 1 The Our Corporate Values Volvo Technology The s CSR approach Volvo Technology Sustainable Transportation

More information

BOTTLED WATER IN CHINA BOOM OR BUST? Exposure To Water Risks Point To An Uncertain Future

BOTTLED WATER IN CHINA BOOM OR BUST? Exposure To Water Risks Point To An Uncertain Future BOTTLED WATER IN CHINA BOOM OR BUST? Exposure To Water Risks Point To An Uncertain Future It has only taken China two decades to become the world s largest bottled water consumer and a major producer.

More information

China s Natural Gas Market

China s Natural Gas Market Report China s Natural Gas Market China s gas market is hitting new highs; this report will detail the growth of China s natural gas market and illustrate how its success depends on developing pipeline

More information

EU China River Basin Management Programme

EU China River Basin Management Programme Ministry of Water Resources Ministry of Environmental Protection EU China River Basin Management Programme Technical Report 075 Ben Piper, Zhang Wang and Liao Sihui July 2012 Document Information: Document

More information

7. Student Loan Reform in China: Problems and challenges

7. Student Loan Reform in China: Problems and challenges 7. Student Loan Reform in China: Problems and challenges Wei Jianguo and Wang Rong China Institute for Educational Finance Research, Peking University Development of Student Loans in China The development

More information

LOCAL GOVERNMENT DEBT AND ECONOMIC GROWTH IN CHINA. Yanrui Wu Economics Business School University of Western Australia (yanrui.wu@uwa.edu.

LOCAL GOVERNMENT DEBT AND ECONOMIC GROWTH IN CHINA. Yanrui Wu Economics Business School University of Western Australia (yanrui.wu@uwa.edu. LOCAL GOVERNMENT DEBT AND ECONOMIC GROWTH IN CHINA Yanrui Wu Economics Business School University of Western Australia (yanrui.wu@uwa.edu.au) First draft only Paper prepared for presentation at the Conference:

More information

Statistical Report on Internet Development in China

Statistical Report on Internet Development in China Statistical Report on Internet Development in China (January 2015) China Internet Network Information Center Preface In 1997, China s state competent departments authorized China Internet Network Information

More information

Regional Strategies 82/90

Regional Strategies 82/90 Regional Strategies 82/90 Global Operations NTT Com Group has subsidiaries and offices in 85 cities in 30 countries/regions except Japan, which connect networks to more than 150 countries around the world.

More information

Resource Taxes to Help Local Governments, Boost Western Development

Resource Taxes to Help Local Governments, Boost Western Development Resource Taxes to Help Local Governments, Boost Western Development HANDS-ON CHINA REPORT July 8, 2010 Jing Ulrich Managing Director, Chairman, China Equities and Commodities, +852 2800 8635 jing.l.ulrich@jpmorgan.com

More information

Development of High-Speed Railways in China

Development of High-Speed Railways in China Development of High-Speed Railways in China Kiyoharu Takagi Introduction The rapid developments seen recently in high-speed railways in China are astonishing. The lengths and speeds of lines in operation

More information

Automotive Manufacturing & Design for China

Automotive Manufacturing & Design for China Automotive Manufacturing & Design for China 2015 Media Planner Webinars Integrated Media Platform for Lead Generation & Branding Video Mobile Social Media: www.industrysourcing.com www.industrysourcing.cn

More information

CHINA RAILWAY GROUP LIMITED

CHINA RAILWAY GROUP LIMITED Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

Embracing Internet plus - Strategic partnership between leading retail players

Embracing Internet plus - Strategic partnership between leading retail players China Retail Embracing Internet plus - Strategic partnership between leading retail players The cases of Alibaba and Suning Commerce / JD.com and Yonghui Superstores August 2015 1 Introduction Competitive

More information

Joint General Assembly APLAC-PAC 2014 June 21-28, Guadalaja, Mexico

Joint General Assembly APLAC-PAC 2014 June 21-28, Guadalaja, Mexico Joint General Assembly APLAC-PAC 2014 June 21-28, Guadalaja, Mexico Suggestions air transportation to Guadalajara, Mexico Below are some suggested connections that can be taken from different countries

More information

E-commerce liberalization in China: State Council and MIIT push forward

E-commerce liberalization in China: State Council and MIIT push forward E-commerce liberalization in China: State Council and MIIT push forward Contents State Council orders government agencies to take liberalization steps 1 JUNE [ MIIT removes foreign ownership restrictions

More information

Natural Gas Pricing Reform in China: Getting Closer to a Market System?

Natural Gas Pricing Reform in China: Getting Closer to a Market System? Natural Gas Pricing Reform in China: Getting Closer to a Market System? Sergey Paltsev and Danwei Zhang TSINGHUA - MIT China Energy & Climate Project Report No. 282 July 2015 The MIT Joint Program on the

More information

BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT

BIOGRAPHICAL DETAILS OF DIRECTORS AND SENIOR MANAGEMENT Director & Chief Financial Officer Mr. Ding Donghua Chairman & Chief Executive Officer Mr. Wang Xiaochu Vice Chairman & Chief Operating Officer Mr. Li Zhenqun 9 EXECUTIVE DIRECTORS Mr. Wang Xiaochu Mr.

More information

Opening Remarks at Business Seminar Hong Kong: Seize Now Your Opportunities for Business in China and Beyond

Opening Remarks at Business Seminar Hong Kong: Seize Now Your Opportunities for Business in China and Beyond Opening Remarks at Business Seminar Hong Kong: Seize Now Your Opportunities for Business in China and Beyond co-organised by HKETO(Sing) and THTA on 27 October 2009 at Conrad Hotel, Bangkok, Thailand Your

More information

A Study of Chinese Tourists in Finland - Winter 2003

A Study of Chinese Tourists in Finland - Winter 2003 A Study of Chinese Tourists in Finland - Winter 2003 Tong Tuominen TABLE OF CONTENTS 1. INTRODUCTION 3 1.1 The purpose of the research 3 1.2 Data collection 3 2. DATA 5 2.1 The profile of the respondents

More information

Authors: The American Recovery and Reinvestment Act of 2009: A Guide for State and Local Governments

Authors: The American Recovery and Reinvestment Act of 2009: A Guide for State and Local Governments Latham & Watkins LLP As of February 2009 Authors: Stuart S. Kurlander +1.202.637.2169 Edward W. Correia +1.202.637.2220 Gabriel K. Bell* +1.202.637.2227 www.lw.com Copyright 2009 Latham & Watkins. All

More information