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China's dairy industry is on the move if developments in Xingtang county in north China's Hebei province are anything to go by. Cows used to roam around rural houses there, but now they are being sent to the province's 109 new dairy farms built this year. The county government has encouraged dairy farmers to set up the large dairy farms of at least 1,0...
Chinese equities fell slightly on Friday, led by a weak performance by the heavy weights. The benchmark Shanghai Composite Index was down 0.38 percent, or 12.06 points, to close at 3,141.35 points. The Shenzhen Component Index lost 0.12 percent, or 15.37 points, to close at 13,289.94 points. Combined turnover dropped to 175.63 billion yuan ($25.71 bil...
At a time when the world auto industry was experiencing huge difficulties caused by the global downturn, Geely's aim, as it said on the company website -- "let Geely cars go to the whole world", seemed very ambition. Geely's going-global strategy latest move was the high-profile bid for Volvo, the almost century-old Swedish luxury car brand. The Unite...
China Petrochemical Corp (Sinopec Group), Asia's largest refiner, expects business conditions to stay challenging next year as crude oil prices rise while fuel demand growth lags behind expansion in processing capacity. The domestic oil-product market will be oversupplied next year when new refining facilities come on-stream and independent plants increa...
China would enhance supports to small and medium-sized enterprises (SMEs) next year with preferential tax policy and easier channels to raise fund, a senior official said Thursday. Li Yizhong, Minister of Industry and Information Technology, told members of the National People's Congress Standing Committee that the government has set up a special fund un...
China Minmetals Corporation appears to be edging closer to gaining control of Hunan Nonferrous Metals Holding Group (HNG) after the metals trader said it was increasing its stake in the Hong Kong-listed firm. Minmetals plans to increase its holdings to 51 percent from 40 percent, sources familiar with the matter said yesterday. The two companies are exp...
China has released a rating system to assess land quality, in the first such effort in decades to protect shrinking arable land from being used for non-agricultural purposes. "Based on the land quality rating, we will map out a national arable land protection zone to cover most arable land of high quality and prevent it from being lost to urbanization, th...
China's foreign trade is expected to decline 16 percent in 2009 from a year ago, to about $2.2 trillion, the Minister of Commerce said on Thursday. The annual retail sales is likely to rise more than 15 percent to 12.5 trillion yuan ($1.84 trillion), minister Chen Deming told a national meeting on commerce. Source: BizChina
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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