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2008-05-30 Beijing
More than 500 children of migrant workers studying in 72 schools in Beijing gathered at Beijing National Day School on May 25 to pray for the quake-hit people, and attended a sports meeting. Representatives from the All-China Women's Federation, China Children and Teenagers’ Fund, Haidian district government and Nike Sports (China) Co., Ltd. were present at the activity.
2008-05-30 Guangzhou
The Foshan Administration for Industry & Commerce launched a quality monitoring program for children garments in the Foshan market. The administration investigated 90 batches of children garment in major supermarkets, and found that some children garments contain several carcinogens. For the 19 batches of garments produced by Foshan enterprises, less than two percent can meet relevant quality standards.
2008-05-30 Nanjing
A press conference concerning Jiangsu province’s modern service industry cluster districts was held in Wuxi on 28 May, 2008. During the conference, 20 locations including Nanjing Jiangdong Software Town were announced to be one of the second batch of the provincial modern service industry cluster districts.
2008-05-30 Beijing
According to Chen Bo, media manager of Carrefour Greater China, an enterprise’s corporate social responsibility (CSR) and commercial benefits can be well combined. Although Carrefour needs to cost to assume its social responsibility by launching an energy-saving program, the company can take back the investment later with a large sum of cost savings in energy expenditures, Chen cited an example in Carrefour as saying.
2008-05-30 Beijing
As of the end of last year, the number of new and high-tech enterprises above provincial-level in Yuxi New & Hi-tech Industrial Development Zone has increased to 15 from 9 in 2003, accounting for 35% of the city’s total. In addition, the new and high-tech sector in the zone posted industrial output value of RMB1128 million during the period, up 141.5% from 2003 and making up 30.5% of the total industrial production value in the park. In addition, local officials are stepping up their efforts at facilitating the development of the sector.
2008-05-30 Hefei
With a total investment of US$60 million by two foremost parts makers--Delphi Automotive Systems Singapore Pte Ltd Hebei LingYun Industrial Group Co., Ltd, Saginaw Lingyun Drive Shaft (Wuhu) Co., Ltd was recently completed and will be put into operation next month. Saginaw Lingyun Drive Shaft (Wuhu) will focus on the production and sale of auto parts including drive systems, with international advanced technology and equipment. The Wuhu firm will conduct a deeper cooperation with Chery to help promote the development of the auto company.
2008-05-30 Shijiazhuang
Caofeidian Industrial Area, Tangshan, Hebei provicne is planning to establish a 30 billion yuan industry fund, which is expected to be jointly invested by large enterprises and the city’s government. The industry area will also set up Caofeidian Holding Co., Ltd, which will go public in the near future. The provincial and municipal governments said they will give sufficient financial support for the development of the industrial area.
2008-05-30 Beijing
A freighter carrying 170,000-ton iron ore of Australia’s FMG called at Majishan Port on May 29, marking a new phase of the cooperation between Baosteel Group and FMG. Baosteel reached a ten-year collaboration agreement with FMG., one of the fastest growing listed companies in Australia, in February 2007, according to which FMG will provide 20 million tons of iron ore to Baosteel per year. A spokesperson for Baosteel Group said the cooperation not only helps promote both companies’ development, but will be of great significance to the social and economic development of China and Australia.
2008-05-30 Guangzhou
Guangdong’s responsible authorities recently issued an investigation report on the “sweatshop” scandal of Nine Dragons Paper, which is suspected of exploiting workers of its Dongguan plant. According to the report, there are indeed some problems in the company’s internal management, including high work injury rate and overtime work. However, the “sweatshop” conclusion was unfair, the report said. In addition, industry analysts note that the collective bargaining regime will play an important role in the sustainable labor relations.
2008-05-30 Shenyang
The Liaoning Branch of China Export & Credit Insurance Corporation, China’s only policy-based credit insurer, said that ten businesses had taken out an insurance policy of the branch as of 20 May 2008. In addition to risk control, those customers can also receive financial support through the fundraising service offered by the credit insurance products. The Liaoning Branch has provided RMB210 million to support the policyholders in terms of domestic trade.
