The economic belt has already become a new platform for opening-up Liaoning Province and other provinces in northeast China and east Inner Mongolia. It has also become an important point of growth to revitalize northeast China. The economic belt is becoming a major bridge transferring
To meet the summer high season demand, Okay Airways is launching a roundtrip flight from Tianjin to the border city of Yanji in Jilin province from July 15. The flight will take off each Wednesday and Friday from Tianjin at 18:00, and return from Yanji at 20:50.
China National Nuclear Corp (CNNC), the country's major nuclear power plants builder, expects to start construction of its Hainan nuclear power plant at the end of this year. The company also expects to start building the second phase of the Tianwan nuclear power project by the end of next year
China's State Council, the Cabinet,approved plans Wednesday to develop the coastal economic belt in the northeastern Liaoning Province in effort to rejuvenate the traditional industrial base.
Prolonged drought and a heat wave continued to plague north China Wednesday while at least 10 central and southern provinces are on flood alarm. In Beijing temperatures have hovered around 35 degrees Celsius for nearly 10 days, and there is still no sign of a drop of temperature.CEO Paul Otellini's announcement, that Intel would invest US$2.5 billion building a plant in Dalian (Liaoning Province in China's Northeast) capable of producing 300-millimetre (12-inch) integrated wafers was simply stunning! Even more interesting, it is the largest investment outside of the United States. However, the most exciting part is that once completed, Dalian will become Asia's largest IC chip production base. ChinaFIG takes its hat off to Mr. Otellini in leading his firm's Board in this direction. In fact, when the medals are handed out, his (and Chairman Craig Barrett's) should be as big as a frying pan!

From the West's point of view, Beijing, Shanghai or Shenzhen are the three cities of choice for considering staking your claim in the China boom. These tried and proven grounds have become the mindset for establishing a business in China, whether a Joint Venture, Merger & Acquisition or simply for finding a trading partner. How could one go wrong, with such a long success record. But not every firm strikes gold! In fact, bookshelves are full of horror stories for those who have called a retreat after losing millions … and their shirts. Competition is fierce in these enclaves, property and rental prices are soaring, staff wages are surging and the quality of life is dampened by the traffic, pollution and size woes of these mammoth cities.
Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, will partner with Shenyang Aircraft Corporation (SAC) to manufacture the new Model 162 SkyCatcher light sport aircraft (LSA). SAC is a subsidiary of China Aviation Industry Corporation I (AVIC I), which is a government-owned consortium of aircraft manufacturers.

















