Province a gauge to China's economy Apr 16, 2009
If you've purchased a watch, shoes or a cell phone in the past decade, they're likely to have passed through the hands of a worker in boom towns such as Shenzhen, Guangzhou and Dongguan. An army of immigrant workers has turned Hong Kong border towns such as Shenzhen from a fishing village into a city of millions in the past three decades. (CNN -- International)
Yuan edges into place as international trade currency Apr 16, 2009
Last week, the State Council (Cabinet) gave the green light to five major trade cities -- Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan -- to use the yuan, also known as Renminbi, as an option to settle international trade deals ... Cui Xiaolong, general manager of Honny Power based in Dongguan, Guangdong, said that in the second half of last year when exchange rates fluctuated wildly, a deal with a partner in South Africa, which was agreed in dollars, was delayed for two months ...... (Xinhuanet, China)
Chinese cities grow fastest, but competitiveness low Apr 16, 2009
The ten cities are Baotou and Hohhot in the northern Inner Mongolia Autonomous Region, Yantai, Weifang and Weihai in eastern Shandong Province, Dongguan, Zhongshan and Huizhou in southern Guangdong Province, and Wuhu and Hefei in eastern Anhui Province. However, Chinese cities ranked at only medium or low levels among world cities in terms of overall competitiveness, the report said. (Xinhuanet, China)
Chinese economy shows positive changes Apr 12, 2009
In response to questions about the trial of cross-border trade deals in the Chinese yuan, Wen said the central government has decided to test the program in the city of Shanghai, as well as four cities in south China's Guangdong province -- Guangzhou, Shenzhen, Dongguan and Zhuhai. Hong Kong and Macao will be included in the pilot program, and ASEAN members will become the first group of foreign countries to benefit from the scheme, Wen said, adding the regulatory documents governing the pilot... (Xinhuanet, China)
Yuan trade settlement to start in five Chinese cities Apr 10, 2009
Shanghai and four cities in the Pearl River Delta - Guangzhou, Shenzhen, Dongguan and Zhuhai - have been designated for the purpose, said a State Council meeting chaired by Premier Wen Jiabao yesterday. The Pearl River Delta boasts the country's largest cluster of export-oriented manufacturing operations. (Xinhuanet, China)
It's the currency, stupid! Apr 9, 2009
The State Council, headed by Premier Wen Jiabao, launched the pilot project on April 8, by naming Shanghai, Guangzhou, Shenzhen, Zhuhai and Dongguan to try out the scheme. Though details on how the plan evolves and cascades remain in the pipeline, we have ample confidence that the policy-drawers led by the central bank Governor Zhou Xiaochuan and Trade Minister Chen Deming, who are advised by the country's home-groomed business wizards, will ante up for a neat success. (People's Daily Online, China)
Slowdown's Gift To Beijing: Cleaner Air Apr 5, 2009
For example, the factory city of Dongguan reported more than a dozen days in the first half of 2008 when the air pollution index topped 100, a level considered unhealthy for sensitive groups including infants and the elderly. But in the second half of the year, there were only two such days. (CBS News -- World)
* Minister expecting cash inflow Apr 4, 2009
Other than big corporations that have doubts about coming back to Taiwan, Andrew Yeh (Ka), head of a Taiwanese businessmens association in Dongguan, China, said government measures should also favor SMEs. After all, the Taiwanese business landscape continues to be SME-dominated, he said. (Taipei Times, Taiwan -- Sports)
OECD expects world economy to shrink in 2009 Mar 20, 2009
AFP/File Chinese workers produce components at a factory in Dongguan, 2008. The world economy is likely to shrink. (Yahoo News -- Top Stories)
Jobless flock to China job market Mar 5, 2009
Advertisement The BBC's Robert Peston visits a job fair in Dongguan in southern China, and finds crowds of people competing for few jobs and falling wages. SEE ALSO. (BBC News -- Business)
Chinese officials grapple with slowdown Feb 28, 2009
Workers laden with heavy bundles arriving at Dongguan East Railway Station, one of the main disembarkation points for migrant workers employed in factories in the manufacturing-heavy region in the southern Chinese province of Guangdong ... She said she arrived four days ago and first looked for factory work in the city of Dongguan, about an hour train ride south ... In recent weeks, leaders of prosperous Guangdong cities including Shenzhen and Dongguan have announced economic growth estimates... (MSNBC -- Business)
Good Life China (GLCC) Closes Acquisition of Shenzhen Bread Co. Feb 21, 2009
With gross revenues in the 10 million Yuan range, and a 20% net profit ratio, the Company is in an excellent position to continue to grow through cooperation agreements and by expanding its geographic footprint to build regional bakeries servicing a growing franchise chain network around the Pearl River Delta (including the principal cities of Dongguan, Huizhou, Zhuhai, and Guangzhou in Guangdong Province). Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain... (PR Newswire)
Tricky times for Chinese business Feb 20, 2009
On the road through Dongguan, a sprawling industrial city roughly halfway between Guangzhou and Shenzhen, building after building residential as well as industrial displays red banners advertising its availability ... The rapid collapse of economic activity around Dongguan indicates that China s private companies are being subjected to the same battering as their counterparts in many other countries ... Around Dongguan, local officials no longer seem bothered about pushing the region towards... (The Economist)
IT supplier blasted for exploiting its workers Feb 19, 2009
The China offices of IBM, Microsoft, Dell, Lenovo and Hewlett-Packard told Shanghai Daily that they welcome a probe into accusations by a U.S.-based non-government group spotlighting substandard working conditions at Meitai Plastic and Electronics Co, a producer of computer equipment for the five firms in Dongguan City, Guangdong Province ... The tech giants all emphasized that Meitai, which manufactures keyboards and printer cases and is owned by Taiwan entrepreneurs, was a subcontractor and... (Xinhuanet, China)
Job-hunting TV channel for migrant workers in S China Feb 18, 2009
Smart Union Group (Holdings) Limited, a Hong Kong listed company and supplier to U.S. Mattel Inc., whose two factories in Dongguan, Guangdong, were shut down on Oct. 15 laid off more than 7,000 workers. A total 452,000 migrant workers became unemployed and were forced to leave Guangdong in the past year. (Xinhuanet, China)
* TAITRA set to open four new offices across China Feb 17, 2009
To help China-based Taiwanese businesses tap into the market, TAITRA will send delegations to China from today until March 6 to hold a series of briefing sessions in about 10 cities, including Qingdao, Dongguan, Xiamen, Shenzhen, Quanzhou, Chengdu, Shanghai, Nanjing and Beijing, said Wu Lee-min (), director of TAITRAs information technology center. Most Taiwanese companies operating in China are export oriented, which have been hard hit by the economic downturn. (Taipei Times, Taiwan -- Sports)
Return of jobless migrants strains China Feb 17, 2009
For Lei Sanjun, 25, who spent seven years making sneakers in the coastal factory city of Dongguan in Guangdong province, government help will take too long to transform Bamboo Pole. "My hometown is backward. Just look at the poor roads and few factories here," he says. (USA Today)
Struggling for a job in China Feb 13, 2009
DONGGUAN, China - Xian Yuguo has a tattoo on his left arm with the Chinese character for wealth ... At a job fair in Dongguan, one of Guangdong's biggest manufacturing cities, recruiters sat behind large sign boards plastered with help-wanted notices from factories that make everything from iPods and furniture to Adidas and Reebok sneakers. (MSNBC -- International)
Newsweek: The end of the Chinese dream? Feb 12, 2009
An End to the Chinese Dream. to join the NEWSWEEK community, post comments and subscribe to our e-mail newsletters. (MSNBC -- International)
Vice Premier: boost employment, guarantee people's living Feb 10, 2009
Chinese Vice Premier Li Keqiang (C), who is also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, shakes hands with a job seeker at a personnel market in Dongguan, south China's Guangdong Province, Feb. 8, 2009. Li Keqiang paid a visit to Guangdong Province from Feb. 6 through 9. (Xinhuanet, China)
Job prospects bleak in China's export hub Feb 9, 2009
DONGGUAN, China Train and bus stations in China's southern export hub are swollen with migrant workers returning from their annual holiday but the signs are not good for many hoping to find their factory open or seeking new jobs ... Xie Fuyuan, a 26-year-old migrant worker from a small mountain village in Guangdong province, waits at a bus station after arriving at Dongguan East Railway Station ... Dragging two suitcases in a wobbly line while jostled by migrant workers spilling from trains at... (Globe and Mail -- Business)
1st liquefied natural gas shipment arrives in Guangdong Feb 8, 2009
A CNOOC statement said 65 percent of the LNG would be used for power generation and the other 35 percent was allocated to domestic users in Shenzhen, Dongguan, Guangzhou, and Foshan cities of Guangdong, and Hong Kong. The project was expected to change China's energy supply and consumption structure, which had been based mainly on coal, said experts. (Xinhuanet, China -- Business)
Remaking 'Made in China' Feb 8, 2009
Children's shoes on display at China Shoetec, a trade fair held in the manufacturing city of Dongguan, China ... He recently opened a boutique design studio in Dongguan ... Since the opening of the Chinese economy in the late 1970s, the Pearl River Delta region of Guangdong Province, home to Dongguan, has lured shoe manufacturers - mostly from Taiwan and Hong Kong - with the promise of cheap land, lax regulations and a seemingly endless supply of low-cost workers. (International Herald Tribune -- Business)
China's unemployment swells as exports falter Feb 8, 2009
In the factory city of Dongguan, adjacent to Guangzhou, many plants have deferred reopening for up to three weeks for lack of orders from the United States and Europe, said Eddie Leung, the chairman of the Dongguan Association of Foreign Invested Enterprises. At Fortunique, a manufacturer of hospital gowns and other protective wear on the southern outskirts of Guangzhou, about 50 men and women showed up early Thursday morning looking in vain for jobs. (International Herald Tribune -- Business)
China users react to BBC access Mar 26, 2008
Sadelsor, Dongguan City China. All I want to say is the civilians know few news about the outbreaks of unrest in Tibet. (BBC News -- Technology)
Green challenge toChina's mega-projects Mar 20, 2008
"Nansha is in the heart of the delta. The project will have substantial impacts on not only Guangzhou and Shenzhen, but Zhongshan, Dongguan and Hong Kong as well," said Liu, citing important urban centers and in the province. Tian Rugeng, a retired urban planning expert in Shenzhen, has submitted an analysis to the provincial government, opposing the launch of the Nansha project, citing its proximity to heavily populated cities in the region. (Asia Times Online)
Next up for Boston? Streaking Rockets Mar 18, 2008
Harris averaged 24 points and 12 rebounds in 25 games with DongGuan in the Chinese Basketball Association. That season ended last month and when rookie Carl Landry went down with a bruised knee, Harris was back in Houston working out. (MSNBC -- Sports)
Fund to aid PRD firms restructure Mar 5, 2008
BEIJING, March 5 -- Overseas-funded firms in Guangzhou, Shenzhen, Foshan and Dongguan in Guangdong Province have to undergo restructuring to raise their level of efficiency. The Dongguan city government will offer 1 billion yuan (140 million U.S. dollars) annually to Taiwan-funded firms from this year to encourage their scientific and technological development, a city information office statement said yesterday ... The move is aimed at helping labor-intensive Taiwan-funded firms undergo... (Xinhuanet, China)
* China, South Korea probe closure of Korean plants Feb 29, 2008
Officials in Seoul said a task force set up by the South Korean government traveled to Shandong, Shanghai and Dongguan in southern China's Guangdong Province a month ago to study the situation. The task force, based in Qingdao, will help companies legally liquidate their businesses if necessary, the South Korean government said in a statement. (Taipei Times, Taiwan -- World)
China, S. Korea probe factory closures Feb 28, 2008
Officials in Seoul said a task force set up by the South Korean government traveled to Shandong, Shanghai and Dongguan in southern China's Guangdong province a month ago to study the situation. The task force, based in Qingdao, a city in Shandong, will help companies legally liquidate their businesses if necessary, the South Korean government said in a statement. (Anchorage Daily News)
* Taiwan News Quick Take Feb 26, 2008
80) from a store in Dongguan, Guangdong Province, last year, the Apple Daily reported. Hsu began to use the hairbands recently, but found that they snapped after being used two or three times and made her scalp itchy. (Taipei Times, Taiwan -- World)
The Great Mall Feb 24, 2008
The South China Mall in Dongguan, a manufacturing hub in Guangdong province, is the world's largest shopping center. Opened in 2005, it's a gaudy monument to the breakneck ascent of Chinese capitalism 7 million sq. ft. (650,000 sq m) of leasable space, with wings designed to mimic Venice and the Champs Elys;es. (Time.com)
* China starting to lose out to cheaper Asian markets Feb 23, 2008
As many as 300 of some 1,000 shoe factories in the Guangdong factory zone of Dongguan have closed down, according to a report by the China Light Industry Council. It said half of the shoe factories set up by Taiwan investors had already shifted production to Vietnam. (Taipei Times, Taiwan -- World)
Chinese factories lose competitive edge Feb 22, 2008
Workers assemble toy cars at the production line of Dongguan Da Lang Wealthwise Plastic Factory in Dongguan, China. . (MSNBC -- International)
Guangdong beats Liaoning in 2nd round of CBA finals Feb 16, 2008
Guangzhou's Chen Jianghua (front) goes for a shoot against Liaoning's Zhang Qingpeng during their second round competition of the finals for China Basketball League Division A in Dongguan, east China's Guangdong Province, Feb. 15, 2008. Guangdong won the match 114-105. (Xinhuanet, China)
South China expressway closed over subsidence collapse Feb 15, 2008
The subsidence left a V-shaped indentation on the Wangniudun section of the expressway, between Guangzhou and the manufacturing town of Dongguan ... Traffic police immediately closed the Dongguan-Guangzhou section of the expressway, and diverted vehicles to the Beijing-Zhuhai expressway and state highway 107 connecting Beijing and Shenzhen ... The road collapse and subsequent traffic control measures have extended the trip from Dongguan to Guangzhou's Baiyun Airport from 70 minutes to two hours,... (Xinhuanet, China)
* Chen urges Beijing to resume negotiations Feb 15, 2008
Steven Tsai (~), a businessman based in Dongguan, China, said he has decided to move back with his family. China's dramatic policy changes and his age were the main reasons for his decision, he said. (Taipei Times, Taiwan -- World)
More Bad Weather Ahead As China Gets Back To Work Feb 13, 2008
Six people were killed and 12 injured on Monday when a bus carrying 42 passengers crashed in Dongguan, in southern Guangdong province, Xinhua said. It cited a local government spokesman as blaming driver fatigue and speeding for the crash. (Planet Ark, United States)
* Fire disrupts work at Lite-On LCD factory in China Feb 13, 2008
The company said that the fire broke out at its factory in Dongguan on Feb. 3 and was caused by a short-circuiting electrical line. No injuries were reported, it said. (Taipei Times, Taiwan -- World)
Protection fromthe big freeze Feb 6, 2008
If the price in Guangzhou is higher than in other places, say neighboring Dongguan or Shenzhen, farmers naturally want to sell their pigs in Guangzhou. But if prices elsewhere are higher, Zhao's ban deprives the farmers of their right to make more money. (Asia Times Online)
Last call for shoe firms in Guangdong Feb 5, 2008
Hong Kong businessman Leung Ka-yiu, boss of a shoe factory in the Guangdong city of Dongguan, broke off an interview earlier this month for a phone discussion on transferring the plant to Vietnam ... " Leung also doesn't qualify for help under the new Corporate Income Tax Law, which will phase out tax concessions for general manufacturing and export businesses of foreign investors, with exceptions for foreign-invested enterprises investing in research and development. That will particularly hit... (Asia Times Online)
Fog worsens central China's traffic logjam Feb 3, 2008
The children left their homes in the central province of Hubei on Jan. 24 to spend the Chinese New Year with their parents, who work in the southern "boom towns" of Shenzhen, Zhuhai and Dongguan. The journey, which usually takes 15 hours, lasted until Saturday, when volunteers from the South China Metropolitan News helped arrange family reunions. (Xinhuanet, China)
China warns weather crisis 'remains grim' Feb 2, 2008
Wang Kaiming, 25, an employee in an electrical appliance factory in Dongguan, near the provincial capital of Guangzhou, said cashing in his ticket to his hometown in the central province of Hubei was an easy decision. "After I arrived at the station, I took one look around and decided that waiting was too much trouble," said Wang. (USA Today)
Railways best serve our transport needs Feb 1, 2008
Similar constructions are underway in Shenzhen and Dongguan ... The cities around the Pearl River Delta, including Hong Kong, Shenzhen, Dongguan, Guangzhou, Foshan, Zhongshan, Zhuhai and Macao are all within one hour's traveling distance. (Xinhuanet, China)
'Horrible scenes'Travellers describe the transport chaos in southern China Jan 30, 2008
Luckily it is not as cold in Guangzhou, Dongguan and Shenzhen as it is in other parts of China. I talked to some of those camped out and they had been there for a two nights. (BBC News -- Asia-Pacific)
Nation-spanning trip opens rider's eyes to blind Jan 30, 2008
Liu visited a college classmate in Dongguan, Guangdong province. As he looked out of the French windows in his friend's duplex apartment, Liu said he struggled with his mood. (Xinhuanet, China)
China's small bankshead to market Jan 26, 2008
" Hitherto, the city banks' income has come mainly from loan interest, while their deposits mainly came from corporate savings with about 10% from private savings. Bank of Ningbo led the way with city bank IPOs along with Bank of Nanjing, partly owned by French lender BNP Paribas and based in the capital of eastern Jiangsu province, which raised 6.93 billion yuan last July. Bank of Beijing, which raised $2 billion in September when it became the third city-level bank to go public in Shanghai,... (Asia Times Online)
The worlds largest malls: Will they last? Jan 25, 2008
Courtesy of South China MallIn the Chinese mall arms race, the South China Mall in Dongguan, China opened a year after the Golden Resources Mall to displace it as the country's and the world's largest ... A pair of Chinese malls that rank as the world's two largestthe South China Mall in Dongguan and Golden Resources Mall in Beijing--include features like wind mills and kids' theme parks. (MSNBC -- Travel)
The World's Largest Malls Jan 19, 2008
A pair of Chinese malls that rank as the world's two largest--the South China Mall in Dongguan and Golden Resources Mall in Beijing--include features like wind mills and kids' theme parks. Golden Resources Mall is surrounded by newly built apartments and office buildings. (Forbes -- Business)
Air Pollution at Historic Highs in China's Guangdong Jan 17, 2008
Provincial blackspots included Enping with 240 hazy days and Dongguan with 213, Xinhua added. "It may take at least 20 or 30 years to bring the haze under control. Cities in the delta region should join in fighting air pollution instead of acting by themselves," Wu Dui, an atmospheric studies expert from the Guangdong Provincial Meteorological Bureau, was quoted by Xinhua as saying. (Planet Ark, United States)
"Cats" to hit Beijing in the Year of Rat Jan 15, 2008
The itinerary for the musical's upcoming China tour will include stops in Beijing, Macao, Guangzhou, Wuhan, Chengdu, Dongguan and Shenzhen. (Source: CRIENGLISH. com). (Xinhuanet, China)
Europe can't agree on anti-dumping rules Jan 14, 2008
Toy assembly in a Dongguan, China factory. European leaders have been unable to reach a consensus on how to address Chinese imports and jobs lost to outsourcing in Asia. (International Herald Tribune)
* Chinese labor law cuts profits of Taiwan firms Jan 9, 2008
Andrew Yeh (Ka), chairman of the Taiwan Merchant Association in the southern city of Dongguan, a major center for Taiwanese investment on the mainland, said the new law had raised the cost of doing business for Taiwanese companies in the area by 20 to 40 percent. "Some companies have started to look for a new country to move to," he said. (Taipei Times, Taiwan -- World)
Furniture Brands establishes Asian headquarters Jan 8, 2008
He will be stationed in Dongguan, China. The company named Davy Whittington head of distribution and logistics; Jeff Smith head of product development; Brian Martin head of sourcing operations; and Tara Newman will coordinate import logistics functions. (St. Louis Business Journal, MO)
China's employers leery of new labour law Dec 31, 2007
"To be frank, in the processing trade here, the biggest advantage was cheap labour. But now that's going to change," said Hsieh Ching-yuan, vice-president of the Taiwan Businessmen's Association in Dongguan, an industrial hub in the Pearl River Delta in southern China ... "Hundreds of small-sized Taiwan-invested firms in Dongguan and Shenzhen will be dead next year due to the new law," he said. (Ottawa Citizen)
China's cool war rages Dec 21, 2007
"Since some second-tier cities such as Tianjin and Chengdu have been well explored, some property developers have shifted their focus to third-tier locations such as Zhuhai, Weizhou and Dongguan," he said. Luk expected more tightening policies, including increases in interest rates and mortgage deposits. (Asia Times Online)
* Three links are not a money mecca Dec 21, 2007
Starting from the Dongguan area in Guangdong, major electronics companies such as Hon Hai Technology Group and Compal Electronics Inc are planning factories in Vietnam. Compal envisions a factory there on the same scale as its facility in Kunshan, China. (Taipei Times, Taiwan -- World)
Foreign-brand toys favored by Chinese parents Dec 16, 2007
Chinese-brand toys are crammed into a few shelves stacked with dolls and toddler toys made by Star Moon Toys, a manufacturer in the southern city of Dongguan that also makes toys for some of the world s biggest brands. China s toy market is still in its infancy. (Coos Bay-North Bend The World, OR)
Primitive salamander species found in S China Dec 14, 2007
Asiatic salamanders, one of the most primitive salamander species, are found alive in a forest park in Dongguan, Guangdong Province, Dec. 9, 2007. The salamanders found that day were about 13 cm in length. (Xinhuanet, China)
China's labor law is alast straw for Taiwanese Dec 14, 2007
And Andrew Yeh, chairman of the Taiwanese Businesses Association in Dongguan, predicted that some 700 factories would close by year's end. Chinas National Peoples Congress passed the Law of Employment Contracts on June 29, 2007. (Asia Times Online)
* Concerns on safety, tariffs hurt Chinese shoemakers Dec 13, 2007
In the city of Dongguan, home to 1,000 shoemakers alone, up to 300 firms had closed, Li said. These smaller companies, which rely on cheap pricing strategies and often have weak management practices, are increasingly unable to compete against larger, better operated companies, according to Li. (Taipei Times, Taiwan -- World)
Fires at apartment building, restaurant claim 31 lives in China Dec 13, 2007
Xinhua News Agency said the fire at a restaurant in the booming manufacturing city of Dongguan in Guangdong province also injured nine. It said the fire late Wednesday afternoon spread quickly before being brought under control by firefighters. (International Herald Tribune)
Sun Red Capital Corporation: Announcement of Agreement in Principle Dec 5, 2007
Wide Broad Group Limited will hold all of the issued and outstanding shares of Dongguan Chditn Printing Co. Ltd. ("Chditn"), a decorative paper printing company headquartered in the Guangdong Province in the People's Republic of China ("PRC"). ADVERTISEMENT. (CCNMatthews Press Releases)
Plantronics to close China facilities Nov 29, 2007
The company said it will close manufacturing facility in Dongguan, China; shut down a related Hong Kong research and development, sales and procurement office; and consolidate procurement, research and development activities in a new Shenzhen, China site ... These actions will eventually result in the elimination of all manufacturing operations positions in Dongguan, China and certain related support functions, the company said. (San Jose Business Journal, CA)
Job protection scaresChina's workers Nov 29, 2007
It is reported that about 200 people will be fired worldwide, half of whom will be from its China operations in Shenzhen, Shanghai, Putian and Dongguan. The company claimed the cuts were part of a restructuring of its global procurement operations and didn't specially target China. (Asia Times Online)