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Date:2012/02/08
Chinese shares opened slightly lower on Wednesday, with the benchmark Shanghai Composite Index down 0.09 percent to open at 2,291.81.
The Shenzhen Component Index opened at 9,259.64, down 0.08 percent.
Source: Xinhua
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Date:2012/02/08
China will launch its first composite index of nonferrous metals sometime this year, a move the industry hopes will reflect economic realities and help companies avoid risks, said a senior official on Tuesday.
The index will be calculated using data...
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Date:2012/02/10
More than 80 percent of employers in China have planned to increase employees' salaries by more than 6 percent year-on-year in 2012, according to a survey conducted by Hays PLC released on Thursday.
The UK-based recruiting consulting company sai...
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Date:2012/02/08
The Chinese currency Renminbi, or the yuan, gained 89 basis points to 6.3027 against the U.S. dollar on Wednesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or f...
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Date:2012/02/08
The 14th China-EU leaders' meeting will be held on February 14 in Beijing, focusing on the current European debt crisis, bilateral ties and cooperation, Foreign Ministry spokesman Liu Weimin said on Tuesday.
Premier Wen Jiabao, European Council...
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Date:2012/02/08
Overseas Chinese companies have in recent months gained more attention across the country as an increasing number of staff security issues make media headlines.
Senior management from some leading Chinese overseas companies believe the companies sho...
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Date:2012/02/06
Ji Guomiao has been busily recruiting factory workers for the past week, hoping to run ranks of textile machines at full blast as soon as possible.
The board chairman of Huatong Color Spun, based in the city of Shaoxing in east China's Zhejiang...
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Date:2012/02/08
Small and medium-sized enterprises are unlikely to close on a large scale this year, and they will receive 3 billion yuan ($475.6 million) annually in central government support for the next five years, said the Ministry of Industry and Information T...
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Date:2012/02/06
The Zambia-China Economic and Trade Cooperation Zone (ZCCZ) has generated around $500 million in tax revenue over the last five years, according to a press release from a ceremony held Friday to celebrate the zone's five-year anniversary.
Data ...
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Date:2012/02/08
Accordingly, the domestic social steel inventories in Chinese 26 main cities increased by 1.536 million metric tons vs prior week to 17.371 million metric tons last week, signifying that the domestic steel inventories have surged up for six straight ...
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Date:2012/02/06
China's premier said Friday that the country does not discriminate against foreign companies in terms of rare earth supplies, stating that policies and quotas for both domestic and foreign companies are the same.
Premier Wen Jiabao made t...
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Date:2012/02/07
Europe is not ready to grant China market economy status or lift an arms embargo to obtain the country's help in overcoming the eurozone's sovereign-debt troubles.
Ahead of the EU-China summit scheduled for next Tuesday in Beijing, s...
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Date:2012/02/06
Two new foreign trade routes will be opened this year in southwest China's Chongqing municipality, local authorities said Friday.
Container transport will be authorized for the Yunkunmianyue international railway, which begins in Chongqing and ...
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Date:2012/02/07
The International Monetary Fund (IMF) has cut its forecast for China's 2012 economic growth to 8.25 percent from the 9 percent projected in September, and it warned that exports would be a significant drag on expansion in the coming two years.&n...
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Date:2012/02/06
According to the data released by CISA (China Iron and Steel Association), Chinese registered steelmakers contributed a daily crude steel output of 1.488 million metric tons in middle January, down by 0.27% from early January. Meanwhile, Chinese aver...
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Date:2012/02/07
China may overtake the US to become the European Union's biggest exports destination this year, the EU ambassador to China said on Monday.
Markus Ederer said at a press conference in Beijing that the conclusion was based on the current trad...
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Date:2012/02/03
China may offer rescue funds to Europe, Premier Wen Jiabao said after meeting German Chancellor Angela Merkel on Thursday.
Wen said it was "urgent" to solve the European debt crisis, and China is willing to "involve itself more" in efforts to ...
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Date:2012/02/07
The approach of spring hasn't brought good tidings for Chinese shipyards, which continue to struggle as a sluggish world economy, a glut of vessels and surging fuel prices hurt shipping demand.
Some small Chinese shipyards, short of new o...
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Date:2012/02/03
Cambodia's Prime Minister Hun Sen said Wednesday the country's strong economic growth in past years owes a great deal to China's steady technical and financial assistance.
The premier made the remarks during a meeting with Li Ru...
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Date:2012/02/07
According to the data released by NBS, in January to December of 2011, Chinese overall coke output amounted to 427.78 million metric tons, surging by 11.8% year over year. While in December alone Chinese coke production stood at 34.878 million metric...