CWLC — China Wireless Communications
CWLC, by locating in Tianjin, China’s third largest city and China’s largest port city on the dynamic east coast and an hour north of Beijing, has positioned itself in one of the most dynamic manufacturing areas in China.
CWLC has snagged a coveted contract with Hyundai High-Tech Electronics, Ltd in Tianjing and they have a serious contract with it’s Hongmeigui Foods, Ltd.
I think taking a look at the business environment of Tianjin will help to understand this company’s potential.
First, their geography is crucial. Tianjin is one hour north of Beijing and located on the Western Coast of China. This is the third largest city in China with a population exceeding ten million people.
Tianjin has always been one of China’s great industrial cities. After the 1949 revolution, the foreigners were sent packing, and the communists got busy developing Tianjin into one of China’s largest industrial bases. This was where the early industrial pioneers came in the nineties to set up shop. Otis Elevator got there early, so did Procter & Gamble, Motorola, GE, Coca-Cola, Pepsi, and Honeywell and others, such as Samsung, Yamaha, Novo Nordisk, and Nestle.
It was Tianjin’s port, good railways, and airport, that drew these early industrialists. Now Tianjin is firmly established as the industrial heart of China.
I include these images so you can understand the dynamic growth being experienced in Tianjin. This city will be entirely wi-fi in the next year. The services industry is at this point growing more quickly than the industrial sector.
CWLC is a part of this amazing growth. Tianjin, the leading port city in north China, set a new record in using foreign investment in 2005.
Tianjin obtained a contractual value of 7.32 billion U.S. dollars last year, up 31 percent over the previous year.
The actual amount of investment used in local projects surged 34.6 percent to reach 3.33 billion U.S. dollars.
A total of 1,309 new foreign-funded firms began to run their businesses in Tianjin last year, 18.8 percent more than that of the previous year.
The service sector witnessed a rapid growth in using direct foreign investment, which increased 56.4 percent year-on-year to reach over 3 billion U.S. dollars.
Statistics show that Tianjin approved the establishment of 306 foreign-funded enterprises involving contractual foreign investment of 2.759 billion US dollars in January-April of 2007.
The paid-in direct investment came to a record of 1.732 billion US dollars, an increase of 34.5 percent over the same period of the previous year.
Witness Tianjin and you will begin to understand the excitement this city generates:
This is a dynamic city and CWLC has proven it knows how to navigate these Chinese waters.
Source: CWLC
China Wireless Communications Inc.
Denver Office:
1746 Cole Boulevard, Suite 225
Golden, Colorado
80401
Hawaii Office:
570 Dillingham Blvd., #214
Honolulu, Hawaii 96817-4601
Beijing Office:
China Wireless Communications, Inc.
0612 Room, 4 Lou, No. 9, Xi
Ying Fang Bystreet
Dong Cheng District, Beijing 100011
Tianjin Office:
Tianjin Create Electronic Technology Company, Ltd.
1006 Time Building B
Anshanxi
Road, Tianjin
Denver: (303) 277-9968
Hawaii: (808) 486-5190
About China Wireless Communications, Inc. China Wireless Communications, Inc., headquartered in Denver, CO, is an information technology company in North America and Asia. Our business plan is to provide both wireless and wired high-speed data and telecommunication connectivity for data and video over internet network systems to our customers.
Forward Looking Statements: Statements regarding financial matters in this press release other than historical facts are “forward-looking statements.” The company intends that such statements about the Company’s future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the safe harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company’s actual results may differ materially from the expected results. Forward Looking Statement: This release contains “forward-looking statements” based on current expectations but involving known and unknown risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. The Company’s plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate. The Company makes no undertaking to update such forward-looking statements. Except for the historical information contained herein, the matters discussed in this release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See filings with the Securities and Exchange Commission, including, without limitation, recently filed Form 10-KSB and 10-QSB.
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StockGuru.com is owned and operated by Pentony Enterprises LLC, 9555 Lebanon Road, Suite 103, Frisco, Texas 75035. Telephone: (469) 252-3030. Web: StockGuru.com. Email: Publisher@stockguru.com. Weekend Look at CWLC and the Importance of a Tianjin Location