Bank of China will sell 15% to Royal Bank of Scotland. [27.07.2005]

It is said that Bank of China would reach agreement to sell 15% to Royal Bank of Scotland for 5 billion USD. This will be the highest foreign investment in China.

Rail between Hohhot, China and Frankfurt, Germany begins in 2005 [20.12.2004]

Rail between Hohhot, China and Frankfurt, Germany begins in 2005. This rail will shorten the transportation from over 60 days to 18 days. Twice a month, the special train will run via Mongolia, Russia, Belarus and Poland to Frankfurt, a total of 9,814 kilometer.

Two airlines will be sought to China Southern Airlines [15.11.2004]

Two airlines will be sought to China Southern Airlines. China's largest carrier, China Southern Airlines will buy from the parent company, the two airlines, China Southern Airlines Northern Co. and Xinjiang Airlines which were bought in 2002. This move is to expand flights due to the increase of air travel.

Chongqing Lifan has been permitted to manufacture motorcycle engines in India [07.11.2004]

Chongqing Lifan has been permitted to manufacture motorcycle engines in India. It is said that this is approved after a new proposal because the previous one was considered unfeasible with small investment. The new plan is for manufacturing engines only and the plant is at Pune in Maharashtra.

www.gsrail.com offers online ticket booking for long distance trains 4 to 10 days, departing from Shenzhen [19.10.2004]

www.gsrail.com offers online ticket booking for long distance trains 4 to 10 days, departing from Shenzhen. Tickets must be collected before 10 pm the same day at a specific window of the Shenzhen Railway Station. Tickets can be picked up from appointed offices with additional cost of five yuan.

Aokai Airlines will be the first private airline to fly over China [18.10.2004]

Aokai Airlines will be the first private airline to fly over China. This will start with six leased Boeing 737 airplanes and focus on domestic cargo and passengers.

Aokai Airlines, United Eagle Airlines and Air Spring are the three private airlines applied for permission.

Airport in Garze, 4,200 meters high, will be built [12.10.2004]

Airport in Garze, 4,200 meters high, will be built to link Shangri-La region to other provinces and overseas. It is second to Bamda Airport in Tibet at about 4,300 meters. Cost is estimated about US$ 100 million.

Air China and China Eastern Airlines ordered six A319s and twenty A330-300 respectively [10.10.2004]

Air China and China Eastern Airlines ordered six A319s and twenty A330-300 respectively. A319s will serve Chengdu-Lhasa, Sichuan and Tibet and the delivery will be in 2005.

08.10.2004 Nine new rail projects will improve the transportation capacity of Guangdong. These include the fourth rail between Guangzhou-Shenzhen and two trans-provincial railways that would have five in total. Total cost is about 17 billion US Dollars.

Shanghai will become US FedEx's Asia-Pacific cargo center [27.09.2004]

Shanghai will become US FedEx's Asia-Pacific cargo center with the addition of more flights to US, Europe and Asia-Pacific. FedEx said that there will be 23 weekly flights, more than double the present 11 weekly flights and this plan has been awarded by the US Department of Transportation.

Zhejiang new rail network linking with Pearl River region in 2010 [24.09.2004]

Zhejiang will invest USD 12 billion for new rail network linking with Pearl River region of southern Guangdong and expected to be completed by 2010.

Excess supplies of consumable products [20.09.2004]

Recent survey report of The Ministry of Commerce said that the supply is higher than demand in the consumer market. Some commodities excess by 84%.

Some major catergories are:
Export of corn has been reduced by 75.6%. Import of wheat has increased by eight folds due to the VAT policy and low freight rate. Edible vegetable oil also has an increase of 69.7% reaching 3,350,000 ton in first half year. It is estimated that over supply for the year would be 3,000,000 tons. Internal market for mobile phone increased by 30.7% while export also has an increase of 59.6%. But the annual production is expected to be 0.16 billion sets that making the over supply a certain outcome.

Airocean invested airline and courier for inland services of China [18.09.2004]

A new airline will be based in Guangdong with 19% investment from Airocean Group, a freight forwarder in Singapore. This airline will be managed by a joint venture with A-Sonic Aerospace (Singapore), Guangdong China Travel Service (Holdings) and China Xpress. Airocean and A-Sonic also jointly establish Express Courier China. Both the airline and this new Courier are aimed at inland services of China. Second Beijing airport before 2015 [16.09.2004]

It is said that Beijing will have the second airport within ten years' time. The chance of an airport in Langfang of Hebei has been turned down.
If the new airport would be some 40 kilometres from Tian'anmen Square, Daxing District of Beijing may be the final choice.

Success test of "Aerial Custom Declaration" in Guangzhou [10.09.2004]

The recent test of "Aerial Custom Declaration" in airport of Guangzhou is a success. This is a new arrangement for Custom Declaration right after the plane departed to Guangzhou from elsewhere. It is said that the test for a flight from Japan to Guangzhou saved about 5 hours' time.

UPS triple flights to China [08.09.2004]

UPS said that the flight to China would triple from six to eighteen. Six additional roundtrip flight to Shanghai will be started next month and six new roundtrip flight to Guangzhou next year.

Water and Road Transport double by 2020 [03.09.2004]

This is predicted by Weng Mengyong, Chinese vice minister of communications (MOC), in the Forum on Sustainable Development of China's Transportation, that the Road and Water transportation in China will be double by 2020.

Sixth Increase of Train Speed [03.09.2004]

In view of the contribution of train transport to the economic development, there will be the sixth increase of train speed up to 200 Km/hour.

Recently there are 2.41 millions seats for 3.05 millions travellers. The number of freight coach demand is between 280,000 to 300,000.

Therefore, it is an urgent need to solve the train traffic congestion. The 5th increase has lead up to 160 Km per hour.

The first stage is relied on foreign technologies. Joint operations between local and French, Japanese, Canada are chosen.