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The National Development and Reform Commission (NDRC) plans to raise on-grid power prices by 0.02 yuan per kilowatt-hour in the provinces of Jiangxi, Hunan and Guizhou provinces in order to eliminate power shortages and boost local power companies' flagging profits. The provinces of Henan and Hubei will also see price rises of 0.005 yuan per kwh, said an...
Rising dairy and fuel prices pushed up New Zealand producer output and input prices in the quarter ending March, the government statistics agency said Wednesday. Key influences on the outputs index, which was up 1.7 percent in the quarter, came from five industries, said a statement from Statistics New Zealand. The dairy sector contributed an 8.4-percen...
France recorded a smaller number of enterprise births in April compared with that in March and the same month of last year, French national statistics bureau Insee said on Wednesday. Enterprise births dropped 22.8 percent excluding self-managed enterprises (seasonally and working-day adjusted data) from March, while including the number of self-managed en...
China's central bank said on Wednesday that the funds outstanding for foreign exchange totaled 310.72 billion yuan (47.08 billion U.S. dollars) in April, less than the 407.9 billion billion yuan in March. The total balance of the funds stood at 24 trillion yuan at the end of April, the People's Bank of China said. This meant that the central bank boug...
The latest trade frictions between China and the European Union (EU) do not amount to a trade war, said Ministry of Commerce (MOC) spokesman Yao Jian on Tuesday. It's not surprising for China and the EU to have trade disputes as the two sides have maintained large trade volumes over the past years, said Yao at a routine press release. "For some product...
Trade between Russia and Brazil grew 28 percent last year, laying a good foundation for bilateral cooperation, Russian Prime Minister Vladimir Putin told Brazilian Vice President Michel Temer here Tuesday. "Brazil is one of our strategic partners not only in Latin America but in the world. We have many interesting projects and very good prospects," Putin ...
The European Union (EU) has replaced Japan as China's No.1 import source region based on trade figures in the first four months, China's Ministry of Commerce (MOC) announced on Tuesday. Trade between China and the EU soared 23.5 percent in the first four months from a year earlier to 170.01 billion U.S. dollars, according to MOC spokesman Yao Jian. Ch...
SHANGHAI has reversed the typical China maxim, "strong export, weak import" since the 2009 global downturn, when import growth started to exceed export growth, a trend that has persisted for two consecutive years, reports Xinhua. In the first quarter, Shanghai imports grew 24 per cent year on year to US$102.79 billion in value while imports increased 19....
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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