August 17, 2012

News Letter China -July 2012

D'WellResearch ..... Updates on China
Highlights of July 2012
Telecom
  • The booming third generation (3G) wireless service businesses in China have helped three Chinese telecom operators to lead the world's telecom industry in terms of revenue growth since last year.
  • China- Telecom industry on fast track.
  • China's homegrown standard for fourth-generation wireless technology has started to make its way abroad.
Automobile
  • China's auto sales expected to hit 20m in 2012.
  • China’s auto sales growth slows in July, adding to signs of economic weakness.
Energy
  • China's power consumption growth slumped significantly in the first half of the year amid an economic slowdown.
  • China's trans-provincial electricity trade totaled 176.02 billion kilowatt-hours in the first half of the year, a rise of 2.14 percent from a year earlier.
  • China is cutting petrol and diesel prices by nearly 6pc as the world's second-biggest economy looks to stimulate consumer demand and combat the effects of the eurozone debt crisis.
Medical
  • Investment Opportunities in China’s Medical Industry.
Electronics & IT
  • China successfully launched the Tianlian I-03 satellite on Wednesday from the Xichang Satellite Launch Center in Sichuan province, completing the country's first data relay satellite network system.
  • China will launch its third lunar probe, Chang'e-3, in the second half of 2013.
Agriculture
  • Chinese botanists have collected the seeds of more than 1,100 plant species found in the southwestern Tibet autonomous region and preserved them in a national germplasm bank.
     Comments on this news letter
Vol-1, Issue-3
August 2012
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