Monday, January 28, 2013

ecns [expanded by feedex.net]: Guangdong requires officials disclose assets

ecns [expanded by feedex.net]

ecns

Guangdong requires officials disclose assets
http://www.ecns.cn/2013/01-28/47564.shtml
Jan 28th 2013, 08:14

















2013-01-28 17:14 Xinhua     Web Editor: Gu Liping
comment


More officials in south China's Guangdong Province have been required to disclose their financial status as part of trials of a scheme combating corruption.


Shixing County's government will ask its 526 officials, including bureau chiefs and county heads, to declare their family assets after the Spring Festival, said Zheng Zhentao, Party chief of Shaoguan City, which administers Shixing, at the first session of the 12th Guangdong Provincial People's Congress.


Assets the officials will be required to declare include salaries, bonuses and subsidies, labor income, real estate holdings, cars and investments, according to Zheng, also a deputy to the provincial legislative body.


Zheng said the financial status of these officials will be available for inquiry on the government's intranet after the Spring Festival, which falls on Feb.10.


"We will make their financial assets known to the public in an appropriate way in the future under the guidance of the provincial discipline authorities," the Party chief said.


He added that the government will push forward public disclosure of officials' financial assets, by drawing experiences from the scheme.


Shixing is one of three regions in the province to pilot the scheme amid increasing public calls for officials to disclose their assets so as to fight against corruption.


The Nansha New District of Guangzhou, provincial capital of Guangdong, and the Hengqin New District of Zhuhai City, have also put in place similar initiatives.












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ecns [expanded by feedex.net]: China's first luxury liner cruises into service

ecns [expanded by feedex.net]

ecns

China's first luxury liner cruises into service
http://www.ecns.cn/visual/hd/2013/01-28/13297.shtml
Jan 28th 2013, 08:20


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2013-01-28 17:16    chinadaily.com.cn     Web Editor:Wang YuXia






Henna, the first passenger cruise liner from the Chinese mainland, begins its maiden voyage from Sanya in Hainan province to Halong Bay in Vietnam on Jan 26, 2013. Henna will return to Sanya on Jan 28. The voyage marks the first liner from the Chinese mainland formally entering the cruise tourism market. Henna is 223 meters long, 31 meters wide, has 739 passenger cabins which can accommodate 1,965 people. The ship boasts a restaurant, duty free shop, theater, banquet hall, meeting rooms, bars, swimming pools, spa and fitness center. [Photo by Huang Yiming/Asianewsphoto]




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ecns [expanded by feedex.net]: Toy makers feel pinch of decrease in exports

ecns [expanded by feedex.net]

ecns

Toy makers feel pinch of decrease in exports
http://www.ecns.cn/business/2013/01-28/47567.shtml
Jan 28th 2013, 08:21

















2013-01-28 17:21 China Daily     Web Editor: qindexing
comment


An overseas businesswoman examining cloth toys at Huainan Youtong Toy Co in East China's Anhui province. The Anhui toy maker exports its products to the European market. The per capita monthly income of its staff, most of whom are from the countryside, is nearly 2,000 yuan ($321). [Photo / China Daily]




As world economy stutters, nation's businesses focus on domestic sales


Traditional toy makers in China say they are being hit hard on two fronts: a dramatic fall in exports and a huge rise in the popularity of electronic toys.


"Our sales revenue dropped 20 percent last year, largely due to the decline in export orders," said Ye Shuhui, manager of Ningbo Jinfan Toy Co, which sells most of its toys to the United States, Europe and Southeast Asia.


"The world economy has performed dreadfully over the past year and so the gloomy export market has given us enough headaches without even thinking about the challenge being posed by electronic toys."


Although the number of orders picked up in the latter half of 2012, said Ye, it still didn't help much.


Instead of calculating how much profit the company made last year, he added that this year he is still simply thinking about survival.


"Expensive toy making in China still belongs to a labor-intensive industry," he added, meaning that to make ends meet, the only solution has been to raise prices by about 30 percent.


According to estimates by Euromonitor, the market research firm, total retail sales of toys and games in China soared in value from $3.89 billion in 2007 to $8.3 billion in 2011, registering an average annual growth rate of 21 percent.


China's toy exports were worth $11.45 billion in 2012, a slgiht rise of 5.8 percent year-on-year, according to the Shanghai-headquartered Wind Information Co.


For most export-oriented toy makers in Yangzhou, in East China's Jiangsu province, the story is the same, despite its reputation as being the country's best known toy manufacturing area.


"Overseas orders were down by at least 40 percent in 2012 and that's had a huge impact on Chinese toy exports," said Yang Junliang, the sales manager of Yangzhou Oasis Ocean Toys.


"Although labor costs have remained steady over the past year, workers' salaries at around 3,000 yuan ($482) a month are still considered high by factory owners.


"Polyester, the raw material we use the most, has also seen its price rise by about 10 percent since June last year," added Yang, who used to export his toys to United States and most of Europe.


According to export analysts, the world's economy remained stagnant last year.


The US still lacks strength, the European Union remains on the verge of economic recession and economic growth has generally slowed in all developing countries, the key markets for China's top exporters.


Oasis Ocean Toys has now started selling its previously export-targeted products in the Chinese market, Yang said, so the company at least managed to see some growth last year, although not by a significant amount.


This trend of exploring the Chinese market has also started to have a strong influence in Dongguan, a city once known as the "world's factory" in Guangdong province which has always been seen as a key top manufacturing city, according to David Zhang, a research analyst specializing in the toy market with Euromonitor.


"The lousy performance of the overseas market has at least helped to boost the Chinese market by introducing more competition," said Zhang.


"Toy manufacturing has become quite scattered, but the difficulties in the overseas market have meant that stronger companies have been able to consolidate their position, while weaker, less competitive ones have quit," he added.


The leading players in the Chinese market also represent some of the biggest names in the global market.


In October, Guangdong Alpha Animation and Culture Co signed an investment agreement with US entertainment giant Hasbro Inc to establish a joint venture for the development and design of animation toys.


The JV will attract a total of $15 million from both sides and will distribute products and manage the use of brands globally.


The Nasdaq-listed Hasbro is a branded play company providing a wide-range of entertainment offerings based on the company's global brand leaders such as Transformers, My Little Pony, and Monopoly, among others.


Although generally welcomed, the Hasbro deal has signaled the other the big challenge facing Chinese toy makers - that world-renowned companies are keen to get their own slice of the China market.


Hong Kong Trade Development Council reported in its China's Toy Market Report released in August last year that it is estimated about 75 percent of toys worldwide are made in China.


It highlighted the main toy production and export bases are the "five provinces and one city": Guangdong, Jiangsu, Shandong, Zhejiang and Fujian provinces and Shanghai municipality.


The bulk of toy exports are produced to original equipment manufacture orders for foreign brands.


However, the report concluded that foreign products and products made by Sino-foreign joint ventures make up the lion's share of the Chinese toy market and the majority of the locally-made toys remain at the medium- to low-end of the market.


Their product range is limited, with plush toys and wooden toys being the mainstay. In terms of pricing, there is also a huge gap between Chinese made toys and foreign brands.


As such, Chinese toys still maintain a strong edge in the medium- to low-end segments of the market and practically monopolize sales channels in the wholesale market and among individually-run retailers.


Zhejiang Muwan Toys Co, a 40-year-old company, which specializes in the production of wooden toys, started looking at its e-commerce functions as early as 2007.


"Apart from the department store Bao Da Xiang Shopping For Kids, which is famous in Shanghai, we have been using e-commerce a lot and are one of the first toy makers in China to start B2C services," said Yu Jiangnan, its regional marketing manager.


Although the company does no export business, it expected to achieve 30 percent growth in 2012.


"We are also producing toys to our own design, which is another comfort to customers, especially at a time of economic uncertainty," he said.


Like so many area of modern life, electronic devices such as the iPad are having an effect on the Chinese toy industry.


According to industry experts, many parents consider them to be a companion for their children and, as such, should not be seen as a threat to them using or enjoying toys.


The current Chinese toy market is differentiated according to age groups, with toddlers and babies under the age of 5 being the major buyers of traditional toys and those above 5, able to use iPads and other electronic devices to play on, according to Euromonitor.


Much the bigger threat to the industy, it says, is from those companies ignoring intellectual property rights, designing or selling products illegally.


According to Euromonitor, only 60 percent of toy makers in China are considered "authorized".


"Without an awareness of the intellectual property rights, there cannot be sound competition in the market.


"It would also be difficult for Chinese toy makers to establish their own brand names," said Zhang of Euromonitor.












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ecns [expanded by feedex.net]: Fat Daddy's

ecns [expanded by feedex.net]

ecns

Fat Daddy's
http://www.ecns.cn/experience/2013/01-28/47565.shtml
Jan 28th 2013, 08:15



















Bar One




Catwalk Bar




The Bar at Migas




Chill Bar






2013-01-28 17:15 eChinacities.com     Web Editor: yaolan
comment




Fat Daddy's is not only one of the best places for top international cuisine and cocktails in Sanya, but the venue is also a reliable spot for regular live music. From Monday to Friday guests can enjoy a live house band that play the best of jazz, salsa, Latin hip hop and rock and roll. Wear a comfortable pair of flip flops and dance the night away.


Price: 100 RMB


Chinese Name: 胖老爸


Address: No.1 Villa, Lanhai Garden, Sanyawan Lu, Sanya 三亚市三亚湾路兰海花园二期商铺1号别墅


Contact: 0898 8839 1046


Hours: 09:00 - 01:00


Website: www.sanyafatdaddys.com


Getting There: Take bus No.6, 7, 20, 21 to Sanya Bay Lu stop












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ecns [expanded by feedex.net]: China's food expo expands

ecns [expanded by feedex.net]

ecns

China's food expo expands
http://www.ecns.cn/business/2013/01-28/47568.shtml
Jan 28th 2013, 08:26

2013-01-28 17:26 chinadaily.com.cn     Web Editor: qindexing
comment


The scale of SIAL China 2013 - a major food expo - will grow 15 percent this year in terms of exhibitors and visitors, despite the global economic slowdown, the organizer said in an e-mailed statement on Monday.


According to the organizer, around 80 percent of the expo's overseas quota was sold out at the end of 2012, faster than in the previous year.


The expo will be held in Shanghai in May.


The rapid expansion of China's food import sector is the major reason for the growth amid a sluggish economy in both Europe and the United States, the organizer said.





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Sunday, January 27, 2013

ecns [expanded by feedex.net]: Dairy imports from NZ checked for toxin

ecns [expanded by feedex.net]

ecns

Dairy imports from NZ checked for toxin
http://www.ecns.cn/2013/01-28/47491.shtml
Jan 28th 2013, 01:39

















2013-01-28 10:39 Shanghai Daily     Web Editor: Wang YuXia
comment


Companies that import dairy products from New Zealand are being checked by authorities in Shanghai, Guangzhou and Tianjin in the wake of the discovery of traces of a toxic chemical.


Quality watchdogs and Shanghai Customs said any problem products found would be sealed. Last week, two makers of agricultural chemicals in New Zealand said they halted sales of dicyandiamide (DCD) after low levels were found in dairy products.


In China, many people have turned to New Zealand products following scandals in the domestic dairy industry.


However, the discovery of the toxic chemical, used on pasture to reduce greenhouse gas emissions and nitrogen leaching, has raised concerns.


In Shanghai, baby formula from Abbott sold in the city was identified as using raw material from New Zealand. But Abbott said the company did not use powder from New Zealand's Fonterra Co-operative Group, which is involved in the scandal.


Two other popular brands of baby milk powder, MeadJohnson and Wyeth, do not specify the origin of their raw material. Their milk powder products were simply marked "100 percent imported dairy source."


"I don't know which country's milk source was used, which makes me worried," said a Shanghai mother Yu Ge. She has been feeding her 13-month-old daughter with Wyeth's baby formula.


No one at Wyeth was available for comment yesterday. MeadJohnson said it imported raw material from several countries including the United States, Australia and New Zealand, but its products were safe and met both international and national standards.


Shanghai's market watchdog said it was paying close attention to the incident, but had not ordered local supermarkets and stores to take New Zealand dairy products or products that contains raw dairy material off the shelves.


Fonterra Co-operative Group China said it had no plan to suspend sales of its products. China's General Administration of Quality Supervision, Inspection and Quarantine said they are asking New Zealand authorities to provide detailed information on the incident.


About 80 percent of China's imported milk comes from New Zealand, according to Xinhua news agency. Experts say there is no need for panic - the chemical has only very slight toxicity.












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ecns [expanded by feedex.net]: Heavy fog shrouds many parts of China

ecns [expanded by feedex.net]

ecns

Heavy fog shrouds many parts of China
http://www.ecns.cn/visual/hd/2013/01-28/13261.shtml
Jan 28th 2013, 01:41


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2013-01-28 10:29    Ecns.cn     Web Editor:Su Jie






Heavy fog disturbs traffic on a highway in Jiangxi Province, January 27, 2013. A smog hit the province on Sunday, reducing visibility to less than 500 meters in some areas.[Photo: CNS/Hu Dunhuang]




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