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G20 in Nanjing

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China may have a role in reforming the International Monetary System. you will see it in this week’s G20 monetary seminar in Nanjing. The G20 is to study whether to include the Chinese yuan within the basket of currencies that make up the IMF's Special Drawing Right.

The Special Drawing Right, or SDR, is a quasi currency used within the IMF by its member countries.


Death Penalty for vice-mayor

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Former vice-mayors of Suzhou  Jiang Renjie was executed on Tuesday morning (July 20, 2011) for taking bribes and abusing his official powers, according to Chinese Supreme Court.

At a news conference on Tuesday, a spokesman for the court, announced the executions and said the Supreme People's Court will continue to battle corruption by meting out harsh punishments to those who are convicted of it.

"For crimes in which a person takes advantage of his office, especially for cases of corruption and bribery that are so severe that they can be punished by the death penalty, the court will not be soft but will instead approve executions decisively," the spokesman said.

Last Updated on Friday, 22 July 2011 16:09

South and North of Jiangsu

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The Yangtze River, the longest in China, cuts China into two parts through its heart, the north and the south both geographically and culturally. This cut also divides Jiangsu Province into two divisions, the North and South of Jiangsu.

The southern part of Jiangsu includes major cities of Suzhou, Wuxi, Changzhou and Zhenjiang Cities, and most part of Nanjing. The northern part embodies the rest of the province, including Nantong, Taizhou, Yangzhou, Huaian, Suqian, Xuzhou and Lianyungang. The north occupies three fourths of the province's territory. Many of expats view this region backward and poor. The south in other side is one of the most developed areas and the richest region in China. Join us to discover differences of its great humanity, culture and time-honoured history.

Last Updated on Friday, 11 March 2011 19:37

Jiangsu stays the number one among global capitals investments

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The Year of tiger went but the Year of Rabbit comes.

The province of Jiangsu, a rich coastal province in eastern China, is still listed as the number one area in China, achieving an actual foreign investment of more than 28 billion US dollar, up 12 percent over the previous year.

The size of the investment keeps in the first place in China for eight years in a row despite the global recession since for the past few years, according to the Commerce Department of Jiangsu Province. Foreign capital utilization was better structured in the year of 2010. Growing rates of the actual utilized foreign capital of both primary industry and tertiary industry were higher than that of secondary industry, respectively by 49 points and 15 points. Another progress was contributed by the soaring number of huge projects signed.

Last Updated on Sunday, 13 March 2011 16:19

Three reasons to build your business in Nanjing

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This year, Canada Export, an agency affiliated to Canadian government (Foreign Affairs and International Trade Canada), presented a conversation between the agency and Keith Kan, the trade commissioner at the Canadian Consulate General in Shanghai. We provide the information for your reference.

Canada has just doubled its commercial footprint in China.

The Canadian Trade Commissioner Service has opened six new offices in China. Starting now Canadian companies can benefit from expanded trade, investment and innovation partnerships with in market and local expertise.

The offices are staffed with business development experts with strong connections within each of the new cities, so Canadian companies might want to put their China strategy on the front burner if it isn’t already.


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