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标题： China Mo forming machine bile invests another US$5

China Mo forming machine bile invests another US$500 mln in Pakistan

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China Mobile invests another US$500 mln in PakistanPublished: 30 Jun 2009 18:04:15 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comChina to build 7 wind power bases by 2020Capital Research and Management raises stake in China TelecomProperty firms acquire 8 land parcels in Beijing in 2 daysSMIC raises Q2 revenue growth estimateChina Mobile invests another US$500 mln in Pakistan<P]Jul. 1, 2009 (China Knowledge) - China Mobile Ltd<0941><CHL>, the country"s largest telecom operator, plans to invest an additional US$500 million in Pakistan in 2009 to expand its local unit"s mobile network capacity for its mobile brand Zong, a Pakistani newspaper reported.</P]<P]CM Pak Ltd, China Mobile"s wholly-owned subsidiary in Pakistan, is now building 4,500 base stations in the country, thus bringing the total number to 9,000 before the end of this year. </P]<P]The expansion move is expected to offer customers steady and fast signal transition, the Pakistan Telecommunication Authority (PTA) said in a statement.</P]<P]The authority also said CM Pak"s user base is the fastest-growing. The company"s market share increased to 6.7% this year from 2% in 2008. CM Pak had 6.23 million subscribers as of the end of May 2009. </P]<P]China Mobile acquired Paktel on February 2007 for US$460 million and obtained a license from Millicom to operate a GSM network in the country. Previous reports said CMPak had invested more than US$1.6 billion in the telecom sector in Pakistan, creating 41,700 job opportunities for the country.<BR]</P]
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回复人： bb5tgh 回复日期： 2011-12-10 15:30:08

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CITIC-Pr cast steel valve udential Life Insurance mulls A-share listing in 2012

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CITIC-Prudential Life Insurance mulls A-share listing in 2012Published: 07 May 2009 17:01:08 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]Top 5 News From ChinaKnowledge.comCITIC-Prudential Life Insurance mulls A-share listing in 2012Everbright Securities sees Q1 profit up 20%Number of visitors to Hong Kong up 1.8% in Q1Apple expects to bring iPhone to China in 2010UBS raises stake in China Merchants Bank to 7.12%<P]May 8, 2009 (China Knowledge) - CITIC-Prudential Life Insurance Co Ltd, a joint venture (JV) equally-owned by state-owed China's CITIC Group and Prudential Plc of Britain, intends to launch an A-share listing in 2012, the Shanghai Securities News reported on Thursday, citing sources familiar with the matter.</P]<P]To achieve that goal, the insurer, CITIC's first JV in insurance business, will introduce several new measures that will include adjustment of product structure, increase of sales, cost cuts and financial reinsurance, said the sources.</P]<P]CITIC-Prudential has been posting losses since its establishment in October 2000. As of the end of last year, it might have registered a net loss of about RMB 200 million.</P]<P]In the first quarter of this year, it realized standard premium income of RMB 220 million, achieving 90% of its target for the period. At the beginning of this year, the company set a goal of RMB 1.3 billion, 30% more than RMB 1 billion it realized in 2008.<BR]</P]
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回复人： bb5tgh 回复日期： 2011-12-10 15:31:12

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AviChina Trifluralin cuts stake in Dongan Atuo to 54.51%

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AviChina cuts stake in Dongan Atuo to 54.51%Published: 26 Oct 2009 20:34:40 PST<p class="authorInfor"]</p]<!--begin CK content--]<ul class="narrow"]More From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial Market<P]Oct. 27, 2009 (China Knowledge) - AviChina Industry & Technology Co Ltd<2357> recently cut its shareholding in Harbin Dongan Auto Engine Co Ltd<600178> to 54.51% from the previous 56.45%, sources reported.</P]<P]AviChina recently sold a total of 8.95 million shares, or 1.94% of Dongan Auto's total issued share capital.</P]<P]Dongan Auto is mainly engaged in the development, manufacture and sale of automobile engines. Its principal products are used in mini automobiles. The company's three affiliates are involved in the manufacture and sale of petroleum engines, pistons and other auto parts.<BR]</P]
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回复人： bb5tgh 回复日期： 2011-12-10 15:32:13

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Administ confetti cannon ration suspends plan to curtail e-bikes

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Administration suspends plan to curtail e-bikesPublished: 16 Dec 2009 13:02:01 PST<p class="authorInfor"]</p]
The Standardization Administration said in a statement on its website Wednesday that it has suspended some requirements that could have restricted the use and production of electric bicycles in the country.</p]
Earlier this month, the body said e-bikes that weighed over 40 kilograms or could go faster than 20 kilometers per hour were classified as electric motorbikes, stirring widespread fears that more than 2,000 e-bike factories would close and millions of e-bike users would need to get licenses and insurance for the motorbikes.</p]
"This is good news," said an official at the China Bicycles Association.</p]
He added that the industry body had lobbied the Standardization Administration to relax the standards for e-bikes following the release of the previous document.</p]
The association was drafting standards of e-bikes and would submit the proposed standards to the government, he said, without providing a timeframe for the submission and details of the proposed standards.</p]
Many e-bikes in China have designed capacity of 30 kph. The bikes usually carry four lead batteries, which weigh 16- 28 kg.</p]
Riding an e-bike is regarded a cost-effective way to travel. But some traffic authorities are concerned with road safety hazards involving e-bikes.</p]
<em]Global Times – Reuters </em]<br /]</p]<p align=center] Explore the World, Understand China!
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