Trade News

China-Ukraine first half trade value up 31.3pc to US$3.3 billion Sep 8, 2010

FIRST half trade value between China and Ukraine increased 31.3 per cent year on year to US$3.3 billion, reports Xinhua. President Hu Jintao and Ukrainian President Viktor Yanukovich met in Beijing on September 2 to express their willingness to increase the bilateral trade to $10 billion by 2012. Highlighted sectors for co-operation involve finance, inf...

Xian-Taiwan trade value amounts to US$200 millionSep 8, 2010

TRADE value between Taiwan and Xian, the capital city of China's Shaanxi province, amounted to US$200 million in the first half of the year with imports accounting for $171 million including oil, tarmac, green plant, steel, apple juice and green bean. XIAN has secured $610 million investment from Taiwan covering 322 projects in manufacturing, housing d...

China expects 13% growth in industrial production: official Sep 7, 2010

Growth in China's industrial value-added output is likely to slow to around 10 percent year on year in the second half, but annual growth will be 13 percent, a senior official said Tuesday. The growth rates compared with the 17.6-percent year-on-year increase in the first half this year and the 11-percent gain for 2009. The slowdown in industrial p...

S. Korea's IT exports expand 26.5% in AugustSep 7, 2010

South Korea's information technology (IT) product exports expanded 26.5 percent in August from a year ago, on the back of a surge in semiconductor and smartphone shipments, the government said Tuesday. According to the Ministry of Knowledge Economy, the country's IT product exports totaled 13.4 billion U.S. dollars last month, up from 10.6 billion U.S...

Trade fair a "golden opportunity" Sep 7, 2010

The Ningxia international investment and trade fair and the first Sino-Arabian economic forum will be held September 26 to 30 in Yinchuan. Founded in 2006 as a local exhibition, the fair was recognized by the State and international corporations last year. The annual event has promoted development in Ningxia by leaps and bounds, said its organizing ...

China's domestic trade to top $2 trillion this year: senior officialSep 7, 2010

China's broad market and potential for development will see the nation's domestic market grow to 2 trillion U.S. dollars this year, a senior trade official said here Monday. Chong Quan, Deputy International Trade Representative of China, was speaking at a forum on China's imports and exports, which opened in Beijing Monday. The scale of the domes...

China's import drive to be launched Sep 7, 2010

China will "vigorously" expand its imports of key products as the nation strives to cut its trade surplus amid growing protectionism against the world's largest exporter, a senior Chinese trade official said on Monday. "We will especially encourage imports of products the nation is short of, especially advanced technology and key equipment," said Chong...

China strives to build open, optimal investment environment for foreig...Sep 7, 2010

Chinese Vice President Xi Jinping said Tuesday China is taking vigorous steps to create a more open and optimal investment environment for foreign-invested enterprises. Xi made the remarks while attending the opening ceremony of the 2nd World Investment Forum (WIF) in Xiamen City in southeast China's Fujian Province. With the theme "Investment for ...

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