Shenzhen may establish city university

Source: SD News SHENZHEN would establish a city university after a proposal submitted by a political adviser was approved by education authorities, yesterday’s Guangzhou Daily reported. Jin Xinyi, a member of the city advisory body, said Sunday he had just received feedback from the education bureau regarding the establishment of Shenzhen City University. Jin said…

British consul general visits SZ

2011-January-21 08:53 | Shenzhen Daily Shenzhen and the United Kingdom have big potential for cooperation, new British Consul General to South China Alastair Morgan said during his first visit to Shenzhen on Thursday. “Looking at the scope of British engagement in Hong Kong, you can see how much the scope of Shenzhen and U.K. trade…

China committed to more open market

2011-January-11 08:53 | Shenzhen Daily CHINA was committed to expanding domestic consumption and would continue on its path toward a more open market, Vice Premier Li Keqiang said yesterday. “Reform and opening up are the driving forces behind our development. China will be steadfast in promoting reform,” Li wrote in an opinion piece published in…

2010 GDP growth about 10%

2011-January-10 08:53 | Shenzhen Daily CHINA’S economy grew by around 10 percent in 2010, with retail sales up 18.5 percent, showing that it was now relying more on domestic consumption, Vice Premier Li Keqiang said in remarks published Saturday. “The driving force of domestic consumption is rising, and its increase contributed over 90 percent to…

CPPCC to discuss SZ-HK cooperation

2011-January-7 08:53 | Shenzhen Daily Dicussion on how to promote cooperation between Shenzhen and Hong Kong, particularly the development of Qianhai and cultural industries, would be highlights of this year’s session of the city’s top advisory body, the Shenzhen Committee of the CPPCC announced yesterday. The session will be held from Jan. 15 to 18,…

Stocks gain 1.6% on first trading day

2011-January-5 08:53 | Shenzhen Daily CHINA stocks rose on the first trading day of the year on speculation inflation eased last month and that the government will not impose further curbs on the property market. Improving global sentiment and economic figures boosted the appetite for risk assets, said Wang Zheng, Shanghai-based chief investment officer at…

China aims to improve trade balance in 2011

10:58PM GMT 23 Dec 2010 | Shenzhen Daily CHINA would try to import more in 2011 while keeping exports steady, Commerce Minister Chen Deming said yesterday, in a sign that the world’s second-largest economy is keen to pull more weight as a consumer. In a statement on the ministry’s Web site, Chen said China wanted…

Foreign direct investment up 38% in Nov

8:58am 16 Dec 2010 | Shenzhen Daily CHINA attracted US$91.7 billion in foreign direct investment (FDI) in the 11 months of 2010, nearly 18 percent more than the same period of 2009, the Ministry of Commerce said yesterday. The country was on course to attract US$100 billion in FDI this year, commerce ministry spokesman Yao…

Huawei turns focus on India

10:58PM GMT 15 Dec 2010 | www.telegraph.co.uk On the eve of Premier Wen Jiabao’s India visit last week, Chinese telecommunication giant Huawei Technologies announced a $2 billion (around Rs.9,000 crore) investment in India over the next five years, clearly indicating how serious it is to tap the hidden potential of the Indian telecom sector. Though…