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Crude oil imports are likely to go up by 9.1 percent this year to 212 million tons, according to a report from oil and gas producer China National Petroleum Corp (CNPC). Net oil imports, including crude and refined oil products, may rise 8.3 percent to 234 million tons, said the report released by the Research Institute of Economics and Technology of CNPC...
BEIJING: China and Switzerland held their first study meeting on the feasibility of a Free Trade Area (FTA) in Beijing on Thursday, China's Ministry of Commerce (MOC) said in a statement on its website. The meeting will continue until Friday, the department of international trade and economic affairs of the MOC told Xinhua. According to MOC statistics,...
China yesterday lodged a complaint with the World Trade Organization (WTO) over the European Union's (EU) anti-dumping duties on Chinese leather shoe imports. This is the second time that China has taken the EU to the WTO for dispute settlement after the fastener case in October 2009. That matter is still under investigation by a Dispute Settlement Panel...
Survey-based system to record unemployment 'more accurate' A leading expert on labor studies has called for the country's existing practice of tallying an urban unemployment rating system to be replaced by a statistical method based on surveys. "The current system only reflects the general trend of joblessness in the country," Zhang Libin, a leading ...
SHANGHAI: Tibetan tourism and drug stocks rose the most in China's benchmark stock index after the National Business Daily reported the government will increase stimulus spending and seek industry mergers in the autonomous region. Tibet Rhodiola Pharmaceutical Holding Co, a manufacturer of local medicines, gained by the daily limit of 10 percent to 16.67...
Chinese government Thursday added 30 million yuan ($4.4 million) to the snowstorm disaster relief fund for north China's Inner Mongolia Autonomous Region, the Ministry of Finance (MOF) said. About 18 million yuan of the financial aid would be used to purchase tools and materials necessary for the recovery of agriculture and animal husbandry in the storm-...
BEIJING: A gathering was held here Wednesday to mark the establishment of the China-Africa Economic and Technology Cooperation Committee (CAETCC) of China Economic and Social Council (CESC). About 80 diplomats from over 40 African countries and near 100 Chinese officials attended the gathering. Zhao Qizheng, chairman of the Foreign Affairs Committee of ...
Property developers in the country are at the crossroads. While the skyrocketing prices signal improved prospects for companies, the government's plan to cool down the sector and the absence of foreign buyers indicates that all is not well on the realty front. Nothing could justify this more than the complete absence of foreign buyers at many of the rece...
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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