Chinese Business News in Hongkong and Taiwan
RMB Cash Exchange Operation in Taiwan
The reporter learned from Taiwan Financial Institution on Oct.4 that since June 30, Taiwan banks total brought 665 million RMB and sold 1010 million RMB. The transaction volume has been over 1600 million RMB.
Taiwan sets up AC LED Applications Research Alliance
The news from ChinaByte Net on Oct.4 that China Taiwan AC LED Applications Research Alliance has formally been established, which aims at the LED lighting market.
“Food Capital of Asia”: Hong Kong
Hong Kong Obtains 38.6 billion Hong Kong dollar for total restaurant receipts in the first half of this year.
Another Three Hong Kong Banks Raise 0.5% Mortgage Interest Rate
News from Xinhua Net on October 3 that after HSBC, Bank of China, and other firms recently raised mortgage interest rates, Another three Hong Kong banks announced on the 3rd to raise 0.5% mortgage interest rate, they are Citigroup, DahSing, and MEVAS.
Data from National Development and Reform Commission (NDRC)
NDRC: Proportion of Investment in Middle and Western Regions Increases
The National Development and Reform Commission (NDRC) recently announced the investment data: from January to August, the proportion of investment in Chinese middle and western regions was 48.6% in the whole fixed assets investment in China, which increased 1.8 percentage points compared with the same period last year.
From January to August, Fixed Assets Investment Proportion Growth Rate in China
The Statistics released by NDRC showed that from January to August the fixed assets investment in eastern China was increasing 22.6% compared with the same period last year, the middle part of China rose 35.3% while western China increased 29.1% compared with the same time last year.
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