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Wang Yang News

10 Jul 2014

Shanghai, L.A. Ports Launch 'Ecopartnership'

The Beijing Signing Ceremont (Credit: Port of LA)

The Port of Los Angeles and the Port of Shanghai signed a formal agreement to exchange information, technical expertise and practices to expand the use of shore power at the Port of Shanghai. The signing ceremony concluded the sixth meeting of the U.S.-China Strategic and Economic Dialogue. The meeting was co-directed by: U.S. Secretary of State John Kerry, Treasury Secretary Jacob Lew, China’s Vice Premier Wang Yang, and State Councilor Yang Jiechi. The annual conference brought the two nations together to address mutual challenges and opportunities on a wide range of bilateral…

26 Jun 2014

Cruise Lines Spend Big, Get Quirky to Lure Chinese Travellers

Looking to convince Chinese tourists that a ship can be a holiday destination and not just a way to get there, the world's leading cruise lines are spending billions of dollars on flashy new vessels and quirky on-board services. Carnival Corp and Royal Caribbean Cruises Ltd are trying to pique interest with China-centric attractions such as a menu inspired by an ex-president. They are also tapping a national penchant for education with classes ranging from foreign languages to silver service. Drawing cruise lines to China is the prospect of $11.5 billion in sales come 2018 compared with $6.8 billion last year, according to researcher Euromonitor. The market will soon be the second-biggest and could eventually surpass the United States, industry executives said.