Guangzhou Toyota sets 17% higher sales goal in 2008
The News Review:
- Guangzhou Toyota sets 17% higher sales goal in 2008
- Rare pet craze spurs smuggling
- Tosoh PVC project operates smoothly.
- China yuan ends at 7.3444 to US dollar vs 7.3297 in TC trade
- Report: China mulls Japan bullet train for new high-speed rail line
- Source: CCTV.com
Guangzhou Toyota sets 17% higher sales goal in 2008
china.org.cn – Dec 26, 2007
cnGuangzhou Toyota Motor Co Ltd plans to raise its sales target by 17 percent next year as it launches new models and on an expanded output capacity. 2007-12-26 13:47:21. The second Chinese joint venture of Toyota Motor Corp aims tosell 210000 vehicles next year including 175000 units of Camrypremier sedan and 35000 Yaris hatchback which is scheduled to selldomestically in the middle of next year the company saidyesterday. Guangzhou Toyota has pinned high hopes on the Yaris one of theJapanese car maker’s global models to tap the nation’s fastgrowing economy car segment amid rising demand for fuel-efficientmodels.
Rare pet craze spurs smuggling
China Internet Information Center| – Dec 26, 2007
“In the past two years we have been seizing a lot of animals including some on the lists of endangered species assembled by international organizations” a publicity official at Guangzhou Customs surnamed Xu told China Daily yesterday. Many of them were destined for local pet markets she said. Smugglers send the animals from other countries to China via sea transport or mail she said. Customs officials recently cracked a case in which a South Korean man tried to smuggle 50 boas and 56 lizards into Guangzhou from Jakarta Indonesia by air… “It is cheaper to smuggle some kinds of animals which can be had for just half or a third of the normal price on the market” Chen told China Daily. Their research has found that dealers are cautious about discussing smuggled pets with strangers preferring to deal only with frequent buyers or their friends he said. An official surnamed Yuan with the Guangzhou publicity and education center on environmental protection an organization under Guangzhou environmental protection bureau had called on the pet owners to buy animals through legal channels. The center has urged people not to let imported pets loose in nature as alien species have been known to harm the environment. (China Daily December 26 2007).
Tosoh PVC project operates smoothly.
Entrepreneur – Dec 26, 2007
The US$75 million project uses TosohCorporation’s complete PVC manufacturing technique with theworld’s top level and went on stream on May 30th 2007. 23)TGC a jointly venture invested by Tosoh Corporation MitsubishiCorporation Mitsui & Co… The US$75 million project uses TosohCorporation’s complete PVC manufacturing technique with theworld’s top level and went on stream on May 30th 2007. 23)TGC a jointly venture invested by Tosoh Corporation MitsubishiCorporation Mitsui & Co. and Marubeni Corporation is engagedin the manufacture and sale of PVC as well as related research anddevelopment.
China yuan ends at 7.3444 to US dollar vs 7.3297 in TC trade
Forbes – Dec 26, 2007
3444 to the US dollar on the over-the-counter (TC) market against a record high of 7. n the exchange-traded market the yuan ended at 7. 3320 in the previous session a Guangzhou-based trader with a foreign bank said. The yuan traded between 7.
Report: China mulls Japan bullet train for new high-speed rail line
International Herald Tribune – Dec 26, 2007
CSR Sifang Locomotive plans to produce 60 trains modeled on Japan's bullet trains which will also likely be used for other routes including one that will link the cities of Guangzhou and Wuhan it said. The Chinese government apparently concluded that the anti-Japanese sentiment among the public — which came to a head during nationwide demonstrations in 2005 — had subsided and that the adoption of Japanese-style trains would not ignite a backlash it said. Kawasaki official Katsuhiro Sato said the company has been providing CSR Sifang technological support toward developing a 300-kph bullet train since April 2006. However he refrained from commenting on whether any decisions had been made regarding their use in China saying any announcements would be Beijing's prerogative. He added that Kawasaki had earlier provided support on a 200-kph (124-mph) Japanese-style bullet train already in operation in China.
Source: CCTV.com
央è§åé – Dec 26, 2007
China’s veteran Ma Haijun failed to keep his position in the leading peloton and was edged out of the top ten in the final run. Wednesday’s stage will start in Guangzhou.
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