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CHINA is striving to create a more open and more welcoming investment environment for foreign-investors, China's vice president Xi Jinping told the World Investment Forum (WIF) in Xiamen, reported Xinhua. "Today in China, 22 per cent of tax revenues, 28 per cent of added industrial value, 55 per cent of foreign trade, 50 per cent of technology import a...
CHINA's foreign trade in the first eight months rose 40 per cent year on year to US$1.88 trillion, said the General Administration of Customs (GAC) in a website statement. Exports increased 34.4 per cent year on year to $139.3 billion while imports rose 35.2 per cent to US$119.27 billion, reported Xinhua. Trade with the European Union, China's lar...
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 - China's domestic manufacturers sales to auto dealers rebounded 6.29 percent month on month to 1.322 million units in August after a monthly decline in July, the China Association of Automobile Manufacturers (CAAM) said here Thursday. The August auto sales at the wholesale level represented an increase of 16.14 percent year on year, according ...
BEIJING - Chinese Vice Premier Wang Qishan here on Thursday said China hoped Britain would expand exports of high-tech products to China. He made the remarks when meeting with Prince Andrew of Britain, who is also the United Kingdom's Special Representative for International Trade and Investment. Wang said China and Britain should continue to targe...
BEIJING - Chinese Vice Premier Wang Qishan said here Thursday that China will create a better environment for foreign companies in China. He made the remarks when meeting with former US Assistant to the President for National Security Affairs Samuel Berger, who held the position from 1997 to 2001 under the Clinton administration. Wang said he hoped ...
BEIJING - China continued its upward march in the rankings of a global competitiveness report released on Thursday, while the United States was displaced from the top of the table by Switzerland. The nation's ranking improved by two notches on the back of advances made in the financial sector and the massive infrastructure construction, said the Global...
The U.S. trade deficit narrowed by 14 percent to 42.8 billion dollars in July, the lowest level in 17 months, the Commerce Department reported Thursday. The July deficit was the smallest imbalance since August 2008, and was much lower than economists had expected. In July, exports rose 1.8 percent to 153.3 billion dollars, while imports dropped 2.1 ...
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