Monthly Archives: November 2010

No winner in currency war

It seems a wise decision by the Treasury Department of the United States to hold off releasing its semi-annual report to the Senate, thus delaying a decision on whether to brand China as a currency manipulator. There has been a nearly 2.6 percent rise in the value of the yuan against the dollar in recent […]

Posted in People |

Increase imports, enjoy benefits

China has been under tremendous pressure, especially from the United States, to revaluate its currency more rapidly. Many a suggestion has been put forward to ease this pressure without harming the national economy. One of them is to encourage more imports, especially from Western countries, to balance international trade. Wei Jianguo is one of the […]

Posted in People |

Call to boost training of skilled workers, technicians

Vocational education in China’s central and western areas should be boosted to improve the skill of workers as more manufacturers start to relocate there, according to experts. The call came from experts in human resources and education, following a Ministry of Human Resources and Social Security blueprint that wants to help 34 million skilled workers […]

Posted in Life |

High-tech companies head for West China

The first made-in-Chongqing Hewlett-Packard notebook rolled off the assembly line on Jan. 26, with its shiny orange metallic cover and two logos representing the municipality in Southwest China and the company based in the United States. That notebook is the first of 24 million that HP plans to produce from the southwestern city of Chongqing, […]

Posted in Business |

Environmental exchange operations head for China’s carbon market

Global environmental exchange operators are seeking partnerships in China to secure a place in the fledging carbon market while the country is on course to become a world leader in the low carbon sector. Exchange operator NYSE Euronext and carbon markets infrastructure provider APXInc.are joining forces to expand their existing market offerings from Europe to […]

Posted in Business |

Industrial zones come clean due to green drive

With its designer architecture, wide boulevards and manicured garden, Qianjiang Economic Development Zone stands in stark contrast to the traditional image of dirty industrial parks spitting out smelly smoke from tall chimneys. The zone is the epitome of Hangzhou’s ongoing quest to carve a new path to prosperity without putting too much carbon dioxide into […]

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