news

Plum rain season starts

Hangzhou Observatory announced that Hangzhou would enter the plum rain season today with rain, high humidity and sultry weather this week. After the season ends, Hangzhou will enter the hottest period of the year. Since...

Jun 17, 2010 | Source: City Express/Translated by Shanghai Daily


Hangzhou expands service outsourcing industry

The 2nd China International Service Outsourcing Fair was held on June 15 at West Lake in Hangzhou. To integrate global resources and promote overall competitiveness, international companies have increasingly outsourced...

Jun 17, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Hangzhou hosts Dragon Boat Festival events

Two hundred dragon boats yesterday took part in a race in Xixi Wetland Park to celebrate the Dragon Boat Festival in Hangzhou. About 65,000 people gathered to watch the race, which was won by Shanghai TSS in a record...

Jun 17, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Hangzhou's CPI grows 4.7%

Hangzhou's consumer price index hit a 33-month high by rising 4.7 percent year on year in May, National Bureau of Statistics reported yesterday. The May figure was up 1.1 percentage points from April's reading. It...

Jun 12, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Hangzhou hands out sports coupons with SGM

Hangzhou Bureau of Sports yesterday joined hands with Shanghai GM to distribute Hangzhou sports coupons through Shanghai GM's car shop network. Shanghai GM, which is a 2010 World Expo sponsor, will integrate the...

Jun 12, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Car repairing prices drop

Hangzhou Bureau of Transportation yesterday launched an auto parts online purchasing platform after two months of trial operation. Since the trial started in April, car shops and repair companies have made 700 deals...

Jun 11, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Hangzhou controls power use to avoid cuts

Unequal distribution of electricity and large municipal reconstruction projects has worsened the likelihood of power shortages in Hangzhou this summer. Maximum power demand will reach approximately 8 million kilowatts...

Jun 11, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Student entrepreneurs enjoy easier access to funds

China's central bank has launched a new system to make state-granted funds easier to reach student entrepreneurs. The new Central System of Treasury Accounting Data (TCBS) began to function in early May in Hangzhou....

Jun 11, 2010 | Source: Hangzhou Daily/Translated by Shanghai Daily


Small loans

ALIBABA opened on Tuesday the first micro finance company in China, providing small loans to entrepreneurs and small businesses. Ma Yun, CEO of Alibaba, said that small businesses need loans of 500,000 yuan (US$73,190)...

Jun 11, 2010 | Source: Shanghai Daily


Having a ball

Jun 11, 2010 | Source: Shanghai Daily