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China's Bankcard Consumer Confidence Index, compiled by the Xinhua News Agency and China UnionPay, rose slightly in December to 85.92, up 0.06 points from November, as sales promotions for Christmas and New Year drove up consumption, according to figures released Sunday. The data also showed spending on non-essential items such as entertainment and jew...
Sales of new home appliances within a government-backed home appliance trade-in program, hit 121.11 billion yuan (18.35 billion U.S. dollars) in 2010, the Ministry of Commerce said Friday. The program, which was begun in June 2009 to boost domestic consumption and curb pollution, lifted the sales volume of home appliances to 32.22 million units last yea...
BEIJING -- Chinese mainland and Taiwan on Thursday jointly established an economic cooperation committee under the framework of the cross-Straits Economic Cooperation Framework Agreement (ECFA). The mainland and Taiwan agreed in their landmark economic pact reached last year that the two sides would set up such a committee to handl...
MADRID - China and Spain will ink governmental agreements and commercial contracts worth $7.5 billion, visiting Chinese Vice-Premier Li Keqiang said Wednesday at a breakfast meeting of Chinese and Spanish businesspeople. Li said China-Spain ties have stood the test of time since the two countries forged diplomatic relations decades...
China wants to develop the untapped purchasing potential of its domestic consumers and hopes Berlin will support the expansion of Chinese companies in Germany, a top Beijing official said on Wednesday. Chinese firms should have the chance to further boost some $1 billion in investments in Germany, Vice-Premier Li Keqiang wrote in a...
BEIJING - China has given initial environmental clearence to an $8.7 billion joint-venture refinery between PetroChina Co Ltd and Venezuela's state oil company Petroleos de Venezuela SA (PDVSA). The refinery, to be located in Jieyang in the southern Chinese province of Guangdong, would have a crude refining capacity of 400,000 barrels p...
PARIS - French giant oil company Total, which plans to spend more next year to bolster its market share, is looking to China to improve businesses in Asia, a local daily reported on Tuesday. "We are willing to participate in the construction of a refinery in China. We seek to combine our expertise and know-how with skills of a comp...
COPENHAGEN - Danish wind turbine maker Vestas said its orders from China this year reached a record high as the country invests more heavily in clean energy, including wind power, Reuters reported Thursday. China became the world's biggest wind turbine market in 2009 when energy infrastructure markets in the West were depressed, a...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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