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China and Thailand should outline the future five-year plan and define major projects for bilateral trade ties, said Chinese Premier Wen Jiabao here on Friday. While meeting with Thai Prime Minister Abhisit Vejjajiva in the southern China city of Guangzhou, Wen suggested the two countries enhance cooperation in the field of infrastructure like railway a...
Open trade complemented by well-designed domestic policies can effectively sustain global growth in long run, according to a joint report drafted by several international economic organizations and released Friday. The report, "Seizing the Benefits of Trade for Employment and Growth" is targeted at the Seoul G20 summit and prepared by the Paris-based Or...
The central parity rate of renminbi, or China's currency yuan, strengthened 3 basis points Friday to 6.6239 per U.S. dollar, or a new record high, 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 each way of...
The Chinese government has created numerous policies to encourage development of the country's patent industry, hoping to achieve "a series of breakthroughs in the patent field" in the next decade. According to a national development strategy plan of patent industry released Thursday by the State Intellectual Property Office (SIPO), China will reach a ...
Brazil's state-controlled oil and gas giant Petrobras announced Thursday it has signed a 3.46-billion-U.S.-dollar contract with Brazilian firm Engevix Engenharia for the construction of eight drilling platforms. The contract was signed with partner companies of BG, Galp Energia and Repsol, through Petrobras's affiliated companies Tupi-BV and Guara-BV....
Philippine-based Integrated Micro- Electronics Inc. (IMI), one of the world's largest electronics manufacturing service providers, chalked up a 22 percent growth in its net income in the first nine months of the year thanks to stronger sales particularly from its operations in China. IMI disclosed Thursday that net profit hit 5 million U.S. dollars, wh...
China's sustainable growth in the future would be dependent on how well the country can shift away from its old investment-led growth model to focus on boosting productivity and domestic consumption, an expert said Thursday. "However remarkable the success China has had in the last three decades, the next two or three decades will be ineluctably more d...
The on-going G20 Business Summit recommends the governments of the world's major advanced and developing countries to take actions in supporting the private sector in clean energy technologies. The private sector plays an important role in addressing energy issues and promoting sustainable economic growth. But the renewable technologies face cost and c...
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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