German exports expanded 17.1 percent in the first six months on a yearly basis, greatly promoted by bulk orders from major developing countries, the Federal Statistical Office said Tuesday. Latest data showed that Germany's dispatches to European Union (EU) member States climbed 12.0 percent to 279.8 billion euros ( 358.2 billion dollars) from January ...
High ranking energy officials from EU and Africa issued a joint declaration here Tuesday, pledging to make modern and sustainable energy services accessible for at least an additional 100 million African people before 2020. Africa and EU will take joint action to increase both energy efficiency and the use of renewable energy and achieved the following ...
Contract prices for coking coal declined as Chinese steel mills reduce imports and cut output to meet energy saving and carbon-emission reduction goals, the 21st Century Business Herald reported Friday. BHP Billiton Ltd, the world's largest mining company and also the biggest exporter of coking coal, has agreed Japanese steel producers to cut the quart...
Beijing - Global nuclear companies are tapping market opportunities in nuclear fuels in China as the country launches an ambitious nuclear expansion program. Chinese demand for uranium may rise to 20,000 tons a year by 2020, more than one-third of the 50,572 tons mined globally last year, the World Nuclear Association reported. The country's demand...
BEIJING - The world economy has good chances of avoiding a double dip recession and the Chinese economy could expand by about 10 percent this year, said Klaus Schwab, founder and executive chairman of the World Economic Forum. "I'm not one of those who feel the world will have a double dip," he said ahead of the Summer Davos Forum meeting, which opens ...
HANGZHOU - E-commerce retail sales in China more than doubled from a year earlier to 211.8 billion yuan ($31 billion) in the first half this year, along with the rapid expansion of e-shopping amid the government drive to make the economy more consumer-dependent, an industry report showed. Retail sales at e-shops more than tripled between 2007 and 2009, ...
SHANGHAI - The Ministry of Railways on Monday signed a Memorandum of Understanding (MOU) with the Bay Area Council for investing in California's future high-speed rail network. Under the MOU, the council will provide assistance and consultancy services on high-speed railway construction to the Ministry of Railways and other companies under the ministry...
TIANJIN - Premier Wen Jiabao assured foreign investors on Monday that China is still committed to creating an open and fair environment for them, amid recent complaints by some executives of multinational firms. "I wish to reiterate here that all enterprises registered in China according to Chinese laws are Chinese enterprises. Their products are made-i...
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