ChinaRealNews

Citibank (China), INBAR launch "Sustainable Bamboo Enterprise Program" in Sichuan province

2009-02-26 Chengdu

Citibank (China) and the International Network for Bamboo and Rattan ("INBAR"), together with the Sichuan Forestry Department and Sichuan Lin He Yi Bamboo Industry, recently announced the launch of a new "Sustainable Bamboo Enterprise Program" in Sichuan province, China. With inaugural investment of US$200,000, the program is designed to help rebuild livelihoods by promoting bamboo-based employment opportunities for families affected by the earthquake, while supporting the development of the local bamboo sector.

Chinese Premier, German Chancellor attend signing ceremony for China’s largest ever investment program in Europe

2009-02-06 Beijing
 
Visiting Chinese Premier Wen Jiabao, along with German Chancellor Angela Merkel, recently attended a signing ceremony for China’s largest ever investment program in Europe, under which China-based SANY Heavy Industry will set up its European research and development center as well as a machinery manufacturing facility with annual sales of 350 million euros.

Occupancy rate of HK’s private hospitals expected to drop to 50% in 2009

2008-10-29 Hong Kong
 
Some private hospitals in Hong Kong are expected to see decline in demand in 2009, due to the global financial crisis. The occupancy rate of private hospitals is expected to drop to about 50 percent in the next year, indicated an administrative director at Hong Kong Baptist Hospital. According to a spokesperson at Quality HealthCare Asia, the global financial crisis has small impact on private hospitals, and the center currently has no plan to cut jobs.

Logistics sector in Jiangxi experiences strong growth

2008-10-28 Nanchang
 
Statistics show that despite a range of adverse factors including the Sichuan earthquake and economic fluctuation, the logistics sector in Jiangxi province experienced strong growth. During the first eight months of this year, the sector delivered 282 million tons of freights, up 6.8% from a year earlier.
 

Crisis halts hotel room supply in Asia-Pacific

2008-10-16 Beijing
 
The global financial crisis will delay plans for as many as 90,000 new hotel beds in the Asia-Pacific region and pull back growth in revenue to single digits this year from 18 per cent last year. Hotels are bracing for a sharp slide in revenue per available room, or yield, in the fourth quarter. The mainland is expected to see a 3 per cent drop in yield this year, underscoring the impact of visa restrictions on foreign visitors since June and shrinking business travel. 
 

Five children in Hong Kong confirmed to develop kidney stones

2008-10-06 Hong Kong

According to director general of the Food and Health Bureau, fresh milk from mainland China will not be allowed to be sold in Hong Kong unless being tested, in a move to ensure safety. In addition, a 10-year-old boy was recently found to have kidney stones in his left kidney, bringing the total number of children with kidney stones to five in Hong Kong. In light of the issues arising from the tainted Sanlu milk, Quality HealthCare Asia announced yesterday that the company’s designated medical centers will provide children with kidney screening and evaluation services at an affordable price.

P&G, HP team up for anti-quake hope school in China

2008-09-05 Chengdu

More than 1,400 pupils and middle school students in Guanzhuang Town, Qingchuan County, Sichuan Province, recently attended an opening ceremony for a P&G anti-quake hope school and an HP hope computer classroom. The anti-quake hope school is the largest of its kind in China. To date, Procter & Gamble (China) Co., Ltd has set up 20 P&G anti-quake elementary hope schools in the earthquake-hit areas in China’s Sichuan, Gansu and Shaanxi provinces in cooperation with HP China.

Researchers expect Liu Xiang’s withdrawal from competition to bring extra-rewards to sponsors

2008-09-03 Beijing

It is generally believed that Liu Xiang’s withdrawal from the Olympic Games will lead to huge losses to his sponsors including Nike. However, according to researchers, Liu’s quit from the 110-meter hurdles may bring extra-rewards to the sponsors. Psychological studies show that people will have a deep impression on unexpected and surprising things rather than common things. As a result, Liu’s unexpected departure will definitely leave a strong impression on the public. This, combined with the wide coverage of media across the globe, virtually markets the brands of the advertisers to the whole world for free. In addition, Nike has adjusted its advertising strategy timely to cope with the incident. The combined factors are expected to bring extra-rewards to sponsors.

Games were a great draw

2008-09-02 Beijing

Budding artist Lau Tsun-ming, 12, not only won a trip to the Olympics but his artwork took the grand prize in the Visa Olympics of the Imagination art contest, booking him a ticket to the 2010 Winter Olympics in Vancouver, Canada. Tsun-ming was accompanied to Beijing by 15-year-old Ho Sze-wing, who also won a prize for her artwork. The lucky two were chosen from more than a million entries by children all over the world. They joined the other 28 winners on a six-day trip to enjoy the Beijing Games.

Phelps impressed by Beijing

2008-09-01 Beijing

Beijing is a wonderful place, and it provided sportsmen with comfortable accommodation and a good dining space during the Beijing 2008 Olympic Games, said Phelps, swimmer who won 8 gold medals at the Beijing Games, at a donation ceremony organized by Visa International.