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ADB is assisting the People's Republic of China (PRC) to develop more efficient and viable passenger railway systems, through a technical assistance (TA) grant of US$600,000.
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At the end of 2005 China owned 1030 production berths (over 10,000 tons); 10 ports had joined the global top ten ports (100 million tons). China’s port handling capacity had amounted to 4.91 billion tons, up by 17.7% compared to the year of 2004; the container handling capacity also had reached 75.8 million TEU, up by 23% compared to 2004.
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Up to the end of December 2005, the total assets of China's city commercial banks had topped RMB 2.04 trillion, increased by 19.4%; the total liabilities was RMB 1.95 trillion, up 18.6%. In 2005, China's city commercial banks explored and innovated on displacement and operations by encircling the assets and removing the historical burden, which made great progress.
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With a history of over 20 years, the Chinese environmental protection industry is developing along with the environmental protection course. In the 1980s, the environmental pollution grew worse under the rapid growth of the national economy, so measures were taken to control the pollution, and then the environmental protection industry experienced a further development.
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The games market in China, inclusive of online, packaged PC and video games, will exceed $1.3 billion in 2008.
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Technological innovations are rapidly redrawing the Chinese telco landscape. Operators are compelled to diversify in order to thrive in the competitive environment. The November 2006 announcement of Jiangsu Telecom’s network expansion effort to meet subscribers’ demand for IPTV, VOD, and other advanced IP services was just the latest in a similar series of moves to support multi-play service offerings.
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The Asian region has continued to experience a generally stronger run of economic growth through 2005 and into 2006. The region, however, continues to share the concerns of the rest of the world about rising oil prices and the likely impact on the global economy. There is also a degree of anxiety about a slowdown in China.
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While a very young market at present, the Chinese telematics and infotainment markets is likely to witness considerable growth and development over the forecast period.
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The Chinese retail banking industry in the post-WTO scenario and the how the countrys accession to WTO and consequent banking reforms are altering the retail banking landscape.
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JETRO's monthly survey of Japanese companies and affiliates operating in 12 countries/regions of East Asia revealed that overall current sentiment recovered slightly in the ASEAN region, most notably in Indonesia, while continuing strong in mainland China and Hong Kong in December. Meanwhile, Taiwan and the Republic of Korea (ROK) recorded their lowest levels in 2006 in this month's survey.
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