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TRADE between China and Italy rose 36.3 per cent to US$20 million in the first half of 2010, said Xinhua. Investment from Chinese firms in Italy has increased since 2000 and mainly goes to the automotive, logistics and machinery industries, according to Invitalia, the Italian official agency for promoting overseas investment and enterprise development. ...
CHINA Federation of Logistics and Purchasing (CFLP) announced that China's non-manufacturing business activity index in early September stood at 60.1 points, unchanged month to month, Xinhua reported. The high level of such index indicates the building and the service industries have been operating in high speed. The indicator for new orders in Aug...
BEIJING - China's economy is not at risk from a "second dip" despite the anticipated slower industrial growth of 10 percent in the second half of the year, government officials said on Tuesday. Monthly industrial output has been growing steadily since April 2009, with growth peaking to 19.6 percent in the first quarter, compared with 5.1 percent during...
XIAMEN, Fujian - The trade surplus for the full year will continue to narrow on the back of steps taken by the government to boost domestic demand and imports, Minister of Commerce Chen Deming said on Tuesday. The nation will also take steps to increase foreign direct investment (FDI), especially in the high-tech and services sectors, over the next two ...
XIAMEN - China will work with other members of the World Trade Organization (WTO) to push forward the global trade talks, Vice President Xi Jinping said here Tuesday. "China will unswervingly promote its reform and opening-up and continue its important role in safeguarding the multilateral trade regime," Xi told WTO chief Pascal Lamy during a meeting at...
China started an annual international fair here Wednesday to promote investment and trade. Chinese Vice President Xi Jinping officially launched the event by raising a symbolic "golden key" to open the exhibition hall at the costal city of Xiamen in the southeast Fujian Province. About 50,000 domestic and foreign businessmen are expected to take par...
Bilateral trade between Myanmar and Thailand amounted to 3.577 billion U.S. dollars in the fiscal year 2009-10, which was doubled in five years, said the local weekly Yangon Times Tuesday. In 2005-06, the bilateral trade was 1.593 billion dollars ,the Union of Myanmar Federation of Chambers of Commerce and Industry ( UMFCCI) was quoted as saying. My...
CHINESE Automotive Technology and Research Centre has released figures that show that production of Chinese vehicles was up 35.45 per cent year on year to 10.92 million units and relative distribution up 31.53 per cent year on year to 9.46 million units, reported Xinhua. China's auto industry has weathered a seven-month shrinkage in sales. In August, v...
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