China Plans 83,000km Road Network
Main roads and highways now reach more than 90 per cent of China’s 1.3
billion people, state media reports. China currently has 53,000km of
highways, the second-highest in the world. By 2010, China
says that every village in western China will be accessible by road,
and by 2020 it aims to have a total national trunk road system of 85,000km. In
the same report, state media confirmed that of China’s 661 cities, 78 have a
population of 500,000 or more.
Howard Johnson Raises
Its China
Brand Profile
Howard Johnson International China has announced plans to operate 30 hotels
across the nation by the end of 2008 – up from 19 at the end of 2007. As part
of its expansion, the group will enter the competitive Hainan Island
market with a five-star, 1,160-room conference resort in Sanya in October 2008.
Chairman & CEO Wilburt Chang also announced the launch of the company's
first platinum five-star Plaza Royale brand, the launch of which will be in
Pudong, Shanghai in 2008, followed by a second
property in Changsha.
China Becomes Top EU Import Source
China
exported EUR123.7bn worth of goods to the Eurozone in the first nine months of
2007, up 20 per cent on the same 2006 period. In doing so, it overtook Britain
(EUR122.3bn) to become the largest source of imports into the Eurozone. The
trend may well continue if, as widely predicted, the U.S. economy heads into a slump.
Eurozone exports to China
were also up, rising 13 per cent in the first nine months of 2007.
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