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Date:2011/10/24
The Chinese government encourages domestic companies to invest in ASEAN countries and will provide necessary supports to them, Vice-Minister of Commerce Gao Hucheng said here on Saturday at the eighth China-ASEAN Expo.
Gao said two-way investm...
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Date:2011/10/27
Chinese Vice-Premier Zhang Dejiang on Tuesday called for boosting transportation cooperation between Asian and European countries and establishing an environmentally-friendly, safe and efficient transportation system linking the two continents.
Zhan...
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Date:2011/10/26
The reformation of China's resource tax will not impact China's domestic prices for oil and natural gas, the Ministry of Finance (MOF) and the State Administration of Taxation said Monday.
China's pricing mechanism for oil products is...
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Date:2011/10/24
While Europe struggles with its sovereign debt crisis and recovery falters in the United States, China is becoming the focus of attention for global manufacturers hoping to increase sales in the world's second-largest economy.
While the g...
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Date:2011/10/27
The annual China-ASEAN Expo is one of the very successful measures established to boost the China-ASEAN economic relationship, in particular to realize the China-ASEAN free trade area. It is widely believed that there is vast untapped potential for C...
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Date:2011/10/26
South Korean Coast Guard on Tuesday released two Chinese fishing boats detained three days ago, Chinese diplomats said, adding that the boats will leave for home on Wednesday.
The two fishing boats, with 20 crew members on board, were seized on Satu...
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Date:2011/10/24
According to the data released by NDRC recently, Chinese steel industry had made a profit of 206.7 billion yuan from January to August, up 32.6% year over year. Among them, 62.19 billion yuan was contributed by ferrous material mining industr...
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Date:2011/10/27
China is becoming increasingly involved with global governance. As the sovereign debt crisis in Europe continues, Premier Wen Jiabao said last month that China will be a friend to Europe. The question is: how will China help alleviate the sovereign d...
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Date:2011/10/25
The Chinese currency Renminbi, or the yuan, strengthened for five straight trading days to a record high of 6.3425 against the U.S. dollar on Tuesday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot mark...
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Date:2011/10/21
The Chinese currency Renminbi, or the yuan, strengthened 24 basis points to 6.3628 against the U.S. dollar on Friday, according to the China Foreign Exchange Trading system.
In China's foreign exchange spot market, the yuan is allowed to rise o...
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Date:2011/10/25
China's stocks opened slightly lower on Tuesday with the benchmark Shanghai Composite Index down 0.17 percent to open at 2,366.4.
The Shenzhen Component Index edged down 0.03 percent to open at 9,954.23.
Source: Xinhua
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Date:2011/10/27
Accordingly, China had imported 0.3 million t of the coated steel plate in September, down 1.7% month over month and 5.2% year over year. Meanwhile, Chinese overall coated steel plate exports came to 0.52 million t, down 1.1% month over month while s...
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Date:2011/10/21
Accordingly, the price in China's coke market is basically stable but the deals are few and far between. Influenced by the soft demand from steel industry, the domestic coke market is currently undergoing a tough time with desolate trans...
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Date:2011/10/25
In September of current year, China had produced 13.072 million t of HRC, down 6.7% month over month. Meanwhile, China's average daily HRC output came to 0.422 million t in September, down 6.7% month over month.
In the given month, China's...
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Date:2011/10/20
China's stocks opened lower on Thursday following sharp losses on the U.S. markets.
The benchmark Shanghai Composite Index shed 0.49 percent to open at 2,365.91, while the Shenzhen Component Index opened 0.56 percent lower at 10,049.37.
The U.S...
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Date:2011/10/26
According to the coke and steel forum held in Yinchuan Ningxia Province on October 22, experts said Chinese steel market is still spacious in the period of Twelfth Five-Year Plan.
“China is within the age of industrialization, thus the infrastructur...
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Date:2011/10/24
China's stocks rallied on Monday, ending a four-day losing streak, as improving manufacturing data and easing concerns of inflation boosted market sentiment.
The benchmark Shanghai Composite Index gained 2.29 percent, or 53.06 points, to close ...
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Date:2011/10/20
The Chinese currency Renminbi, or the yuan, strengthened 75 basis points to 6.3652 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 rise...
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Date:2011/10/24
China will strictly control the consumption of non-renewable energy in the next five years by setting mandatory ceilings for local governments, a senior energy official said here Sunday.
Jiang Bing, director of the development and planning departmen...
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Date:2011/10/26
China's stocks opened slightly lower on Wednesday with the benchmark Shanghai Composite Index down 0.48 percent to open at 2,398.19.
The Shenzhen Component Index edged down 0.56 percent to open at 10,146.75.
Source: Xinhua