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1）Logistics firms face increasing preure
China's logistics companies will face increasing costs as a result of waning demand and rising oil prices, the China Federation of Logistics and Purchasing(CFLP)said Thursday.2）China to expand VAT reform: official
China will expand the scope of value-added tax reforms in a bid to accelerate structural adjustments in the economy, a senior official said Sunday.3）Fuel price hike drags car market downwards In addition to a slowing economy, the latest fuel price hike will add more downward preure on the car market this year, according to industry analysts.It was the biggest increase in government-controlled fuel pricing since June 2009 and boosted average retail prices for gasoline and diesel to record highs of more than 8 yuan per liter.4）Hotel giants bet big on Sanya tourism
China's southern Hainan province is a veritable paradise, with tourists flocking to its sunny shores and golden sands.Luxury hotels are speeding up their expansion there.5）Time for solar firms to tap new markets
In the face of rising trade frictions from the US and the EU, Chinese solar energy companies should explore new markets, especially the domestic market, said industry insiders at a conference in Beijing Friday.6）More Chinese go gym for fitne A growing desire by men for “six-pack” abdominal muscles is costing them time and money and expanding the market for the fitne and slimming industries in China.7）US firms see slower growth in China US companies in China expect their busine in the country to experience slower growth this year as they tackle a macroeconomic slowdown and soaring operating costs.8）School to equip students with iPads A top-tier high school in Nanjing in considering equipping its seniors with iPads, the first in China to do so9）Coca-Cola plans China investment
The Coca-Cola Co plans to accelerate its investing into China to meet demands arising from the country's increasing middle-cla population and urbanization.10）China no longer top tea exporter
Tea is the world's most widely consumed beverage after water, and Chinese teas are still highly prized: A pre-sale 500-gram batch of West Lake Longjing, a renowned roasted green tea, drew a bid of 180,000 yuan($28,500)at an auction in Hangzhou last week.Weight for weight that made the tea 25 percent more expensive than gold on the day.Despite the long and illustrious history, however, China is no longer the world's biggest exporter of tea.In 2010, Kenya was the world leader, with 441,021 kilograms, while China's 302,419 kg only secured second place.
