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BEIJING - Qingdao Port, China's second largest foreign trade port, saw its foreign trade cargo throughput up 21 percent year-on-year in the first six months of 2010, the port's chairman said Thursday. Foreign trade cargo throughput hit 128.87 million tons in the first half of the year, said Chang Dechuan, chairman and president of Qingdao Port. ...
BEIJING - China's Ministry of Commerce (MOC) announced Thursday that the country will cease levying tariffs on 60 percent of imports from 26 least developed African nations, including Ethiopia and Liberia. This policy went into effect July 1, an MOC spokesman said Thursday. The spokesman said the move was in line with China's pledge, as part...
BEIJING - China plans to subsidize the price to the public of 150 million compact fluorescent light bulbs (CFLs) this year to save energy, the country's top economic planner said on Tuesday. At least 30 percent of the CFL bulbs would be distributed in rural communities, said a statement of the National Development and Reform Commission (NDRC). ...
BEIJING: Central Asian gas will reach southern China's Jiangxi and Hunan provinces soon as State-owned oil and gas major China National Petroleum Corp is set to put into operation more gas pipelines before the end of the year, the China Petroleum Daily reported on Wednesday. This will increase gas supplies to central and southern regions, which were hi...
China National Petroleum Corp (CNPC) signed a strategic cooperation agreement with China Resources Group Co (CRC), the Shanghai Securities News reported Wednesday. The two companies pledged to become partners in city gas supply, oil distribution, gas-powered electricity generation, engineering construction and overseas investment projects, according to ...
CHENGDU: A copper mine joint venture between Metallurgical Corp of China and Jiangxi Copper in Afghanistan is expected to start production of copper concentrates in 2013, an executive at MCC Tongsin Resources Ltd said on Wednesday. The first phase of the Aynak copper mining project would have a designed capacity of 200,000 tonnes of copper in concentrat...
BEIJING - The Purchasing Managers' Index (PMI) for China's manufacturing sector stood at 52.1 percent in June, down 1.8 percentage points from last month, the China Federation of Logistics and Purchasing said Thursday. The PMI includes a package of indices to measure manufacturing sector performance. A reading above 50 percent indicates e...
A trade fair is expected to lure hundreds of Chinese enterprises to explore business potential in the US in late October. The fair, sponsored by the US-China Business & Culture Association, will be held between Oct 28 and Nov 5 in San Francisco, Calif. The Chinese business delegation, which will include entrepreneurs from sectors such as real es...
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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