Apr 192014
 

China’s 100 largest restaurant chains saw their business revenue and profitability growth decelerate in 2013, as the nation is clamping down on government-funded receptions and their operation costs are on the rise.

Combined business revenue of China’s 100 largest restaurant chains grew by 5.7 percent in 2013 from the previous year to 191.1 billion yuan (31 billion U.S. dollars). The growth rate was 10.8 percentage points lower than that in 2012, the China Cuisine Association (CCA) said on Saturday.

Meanwhile, their average net profit margin narrowed to 4.1 percent last year, 3.62 percentage points lower than that in 2012, noted the report.

Fourteen big-name chains had to close restaurants in some cities, the CCA said in a latest report.

China’s central government this year will spend less on overseas visits, vehicles and receptions, popularly known as the “three public consumptions” amid the country’s frugality campaign, said the Ministry of Finance on Friday. For 2013, the central government spent 815 million yuan, or 10.2 percent, less than its original budget on the “three public consumptions.”

With the changing landscape of China’s cuisine industry, famous restaurant chains are spending more on employee training and research and development to lure new customers and enhance their competitiveness.

Growth of their combined spending on training as well as on research and development in 2013 surged 36.5 percent and 24.1 percent year on year, respectively, figures from the CCA revealed.

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Apr 132014
 

Police officers inspect confiscated knives on March 6 in Guiyang, capital of southwest China’s Guizhou province. [Photo/CFP]

Police have seized 15,000 guns and 120,000 knives in southwest Guizhou Province, the country’s largest haul of illegal weapons in its latest crackdown on violent crime.

Fifteen people suspected of being involved in the manufacture and trafficking of firearms have been arrested, China Central Television reported yesterday.

The seizure was the culmination of a four-month investigation which was launched after the capture of a street robbery suspect in the provincial capital Guiyang, who had a gun on him, CCTV said. He is said to have told police he bought the gun from a man surnamed Qu, who was later arrested.

Police found that Qu had been buying guns and illegal knives in neighboring Hunan Province and selling them in Guiyang.

A team of investigators sent to Hunan uncovered a family business headed by a man surnamed Chen and his son, and employing a number of relatives.

They had been handing out business cards across the country promoting the family’s “knife factory,” said a police official.

They had been in business for three years, buying guns and knives from south China’s Guangdong Province and selling them to buyers throughout the country, CCTV reported.

Police found that tens of millions of yuan had been flowing through bank accounts belonging to Chen and his son.

Guiyang police reported the case to the Ministry of Public Security, which directed a joint action by police from Guizhou, Hunan and Guangdong.

This resulted in the 15 arrests and the destruction of 11 sites where weapons were either being made or were being stored before being sold.

The guns found by police were made of iron and use steel balls as bullets. Some had a range of up to 200 meters.

They could cause serious injury at a distance but would prove fatal at close range, police said.

Machetes, daggers and other weapons, including crossbows, were also found to have been produced and sold by the business.

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Apr 042014
 

It was followed by the airports in Krakow(3.6 million),Gdansk(2.8 million)and Katowice(2.5 million).The Irish low fare carrier Ryanair carried a record 6.5 million passengers,followed by the Polish national carrier LOT and Eurolot with 5.8 million,Wizz Air with over 4 million and Lufthansa with 1.5 million.