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Georgia has posted a foreign trade of 5.883 billion U.S. dollars in the first 11 months of this year, 19 percent up year-on-year against 2009. But the foreign trade total in the 11 months was 25 percent less compared with the corresponding period of 2008, Georgia's national statistical agency GeoStat said on Monday. The statistical agency broke the...
CHINA is forecasting that the value of its foreign trade will surpass US$2.9 trillion in 2010, making it very likely that China will become the world's largest exporter and the second largest importer by the end of the year due to strong growth in exports and imports, according to Minister of Commerce Chen Deming. In an interview with Xinhua, Mr Chen s...
BEIJING - China's outbound overseas direct investment (ODI) to non-financial sectors totaled $216.6 billion in the 2006-2010 period, exceeding the government's target 3.6 times, the Minister of Commerce (MOC) Chen Deming said Friday. The annual growth rate was 38.8 percent during the period, taking China to fifth place in global ranking from 18th plac...
BEIJING - China National Petroleum Corp (CNPC) said on Thursday that its average annual growth rate of overseas crude oil production reached 15.6 percent, with gas production at 21.3 percent during the past five years. CNPC, China's biggest oil and gas producer, said in a statement on its website that overseas oil production is more than 10 million ton...
BEIJING - China's industrial value-added output is expected to expand 15 percent year-on-year in 2010, according to the Ministry of Industry and Information Technology (MIIT), Saturday. The information came from a national meeting on industrial and information work held in Beijing. China's industrial value-added output this year is expected to hit...
China's central bank announced Saturday that it will raise the one-year lending and deposit interest rate for the second time this year, as the government continues its battle against surging prices. The People's Bank of China (PBOC) said in a statement posted on its website that it will hike the benchmark interest rate by 25 basis points beginning Su...
China will actively promote auto imports over the next five years to help the country restructure and upgrade its auto industry, a Chinese official from the Ministry of Commerce (MOC) said Sunday. Qian Jingfen, an official in charge of imports at the MOC's Industrial Department, told an auto imports forum in Beijing that the auto import-promotion strat...
The value of yuan gained as the central parity rate of Renminbi, China's currency, was set at 6.6305 per U.S. dollar Monday, compared with Friday's 6.6371, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on the inter-bank foreign exchange market within a daily limit of 0.5 percent e...
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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