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Date:2011/12/20
A second duty-free shop will open in south China's island province of Hainan on Wednesday, marking the full implementation of the region's trial program for duty exemptions, local authorities said Monday.
The new shop will open to visitors...
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Date:2011/12/16
According to the data released by China Customs recently, in January to November of this year, Chinese overall coke and semi-finished coke exports amounted to 3.2 million metric tons, surging by 6.6% year over year. Meanwhile, in November alo...
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Date:2011/12/14
China's plan to establish a carbon Emissions Trading System (ETS) is of great significance to the development of its low-carbon economy, a German climate expert said Monday.
China played a very important role at the just-concluded Durban climat...
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Date:2011/12/20
The value of imports and exports from east China's Shandong province to the Association of Southeast Asian Nations (ASEAN) reached $28.65 billion in the first eleven months of 2011, up 39.6 percent year-on-year, according to Shandong customs aut...
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Date:2011/12/15
The Chinese currency Renminbi, or the yuan, weakened 25 basis points to 6.3421 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to ri...
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Date:2011/12/14
These measures include supporting exporters' drive to tap emerging markets, approving the establishment of 59 export bases, strengthening traditional industries and helping exporters in the central and western regions expand overseas.
Cond...
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Date:2011/12/20
The adoption of adjusted taxes for vehicles and vessels under a new law is intended to contribute to efforts of energy conservation and emissions reduction in China, a government statement said.
The Vehicle and Vessel Tax Law, effective Jan 1, will ...
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Date:2011/12/15
According to the data released by MOFCOM on December 14, Chinese domestic steel price decreased by 0.1% last week as compared to prior week. Looking at the price trend in last week in detail, the price for galvanized steel sheet with thicknes...
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Date:2011/12/14
Despite China's debt-laden Ministry of Railways struggling to finance the construction of its high-speed railway network, global consulting firm A.T. Kearney said the railway system can still yield enough profits and cash-flow to survive.
...
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Date:2011/12/19
China plans to spend 46.3 billion yuan ($7.2 billion) upgrading police-run detention houses in the coming five years, an official with the Ministry of Public Security said Saturday.
The money will be used to improve conditions of dentention houses, ...
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Date:2011/12/15
China's foreign exchange regulator on Wednesday called for efforts to guard against the flow of abnormal cross-border funds amid concerns that overseas capital is fleeing the country during the world economic downturn.
Regulators of all l...
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Date:2011/12/13
The Chinese currency Renminbi, or the yuan, weakened 62 basis points to 6.3359 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading System.
In China's foreign exchange spot market, the yuan is allowed to rise or fa...
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Date:2011/12/19
China's economic diplomacy will face growing challenges in the form of trade and exchange rate disputes, as well as the task of protecting overseas investment interests, over the next few years, experts said on Sunday.
Next year will be an elec...
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Date:2011/12/15
It's still too early for Chinese shipbuilders to complain of a bad year, but they are likely to have reason to.
During the first 10 months of the year, Chinese shipyards produced 41 percent of all ships made in the world during that period...
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Date:2011/12/13
According to the data released by NBS (National Bureau of Statistics), in November of this year Chinese overall crude steel output amounted to 49.883 million metric tons, decreasing by 0.2 percent as compared to the same period of last year. ...
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Date:2011/12/19
Italy has called for more Chinese investment, saying it will benefit both countries.
Giancarlo Innocenzi Botti, head of Invitalia which operates on behalf of the Italian government to attract investment and promote business development, said, "We co...
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Date:2011/12/15
China will seek stable and relatively fast economic growth next year amid the "extremely grim and complicated" global outlook, according to a statement issued after the closure of an annual central economic work conference on Wednesday.
The main the...
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Date:2011/12/12
With time winding down at the Durban climate change talks, countries are narrowing their options for a balanced solution.
"An outcome is still within reach as long as all the countries can take on more flexibility at this final stage of negoti...
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Date:2011/12/19
Trade volume between China and the Association of Southeast Asian Nations (ASEAN) in 2010 was 36 times what it was in 1991, the year in which formal relations between the two sides were established, according to new statistics.
The volume is expecte...
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Date:2011/12/15
The race to build and buy bigger ships never seems to end.
The present trend can be traced back to the latter half of 2010 as shipping companies across the world started using larger vessels. In the container-shipping sector, the climax of the...