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Date:2011/12/07
China, the world's largest exporter and second largest economy, is seeking a sustainable development mode for its foreign trade as emerging problems, such as rising production costs and environmental damage, lead to the choice.A white paper on t...
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Date:2011/12/06
China will make great progress in establishing multilateral free trade areas (FTA) in the next few years, after a decade's efforts to promote bilateral FTAs since the nation entered the World Trade Organization (WTO) in 2001.
During the f...
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Date:2011/12/06
When China joined the World Trade Organization ten years ago, it marked the beginning of a new era in which China would become one of the world's most important economic powers.
During the past decade, China has made great economic ...
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Date:2011/12/05
China's top climate negotiator said he is upbeat about the possibility of progress as talks enter a second week, despite differences among countries on issues such as the extension of the Kyoto Protocol and the creation of a Green Climate Fund.&...
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Date:2011/12/02
In January to October of this year, Chinese overall coke output amounted to 358 million metric tons, surging by 13.65% year over year. While in October alone Chinese coke production stood at 35.7385 million metric tons, rising by 10.7% as com...
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Date:2011/12/05
China needs to boost its competitiveness, especially in service trade, to make use of its WTO membership, said WTO experts.
Zheng Zhihai said it was beyond his imagination 10 years ago that China would be the largest exporter and the second-largest e...
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Date:2011/12/01
China's stocks shot up on the first day of December after the PBOC cut bank reserve requirements for the first time since 2008.
The benchmark Shanghai Composite Index was up 2.53 percent, or 59.07 points, to open at 2,392.49. The rebound came a...
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Date:2011/11/30
China aims to eliminate 250 million tons of outdated production capacity in the cement industry in the 2011-2015 period, the Ministry of Industry and Information Technology (MIIT) said Tuesday.
The country's top 10 cement companies will s...
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Date:2011/12/05
Chinese Vice Premier Wang Qishan on Sunday stressed the importance of China stabilizing its exports and increasing imports despite the grim and complicated global economic outlook sapping demand.
Faced with such a troubled external environment, Chin...
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Date:2011/11/30
The Aluminum Corporation of China (Chinalco), the country's top aluminum producer, said Monday it has teamed up with several Chinese companies to form a consortium to develop the Simandou iron ore project in Guinea.
The consortium is esta...
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Date:2011/12/01
The People's Bank of China, the country's central bank, said Wednesday it will lower banks' reserve requirement ratio (RRR) by 50 basis points for the first time in three years in order to replenish liquidity in the country's bank...
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Date:2011/12/05
China on Friday launched a trans-national free trade center near the China-Kazakhstan border as part of its efforts to boost economic cooperation with central Asia.
Vice Premier Zhang Dejiang and Kazakh Deputy Prime Minister Aset Isekeshev att...
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Date:2011/11/30
Accordingly, the domestic social steel inventories in Chinese 26 main cities decreased by 28000 metric tons vs prior week to 13.136 million metric tons last week, signifying that the domestic steel stockpiles have decrease for seventh straigh...
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Date:2011/12/01
China will raise on-grid power prices and electricity rates for industrial users effective Thursday, and put a ceiling on coal prices, as the government moves to adjust the energy pricing system.
On-grid electricity prices will increase by 0.02...
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Date:2011/12/05
The northeastern Chinese city of Dandong, which borders the Democratic People's Republic of Korea (DPRK), will host a Sino-DPRK economic, trade and cultural exposition in June next year, a local Chinese official said Saturday.
A series of...
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Date:2011/11/29
Chinese stock markets rallied Tuesday with the benchmark Shanghai Composite Index up 1.23 percent, or 29.36 points, to close at 2,412.39.
The Shenzhen Component Index gained 128.24 points, or 1.30 percent, to close at 10,012.94.
Source: Xinhua
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Date:2011/12/01
A draft regulation on the implementation of the Tendering and Bidding Law was reviewed and approved at an executive meeting of the State Council on Wednesday, as the government looks to guarantee an open and fair process for procuring public projects...
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Date:2011/12/05
Accordingly, the domestic imported iron ore stockpiles in Chinese main ports amounted to 97.24 million metric tons last week, decreasing by 90 thousand tons or 0.1 percent as compared to prior week. Meanwhile, there's data released by St...
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Date:2011/11/29
Chinese Commerce Minister Chen Deming said Monday that China will make more vigorous efforts to promote comprehensive and in-depth development of Sino-foreign investment cooperation.
While fulfilling commitments such as cutting tariffs that China ma...
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Date:2011/12/01
China will introduce a special value-added tax invoice for the rare earth sector "as soon as possible" in order to further crack down on the illegal mining and over-exploration of rare earths, a government official overseeing the sector said Wednesda...