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Chinese Vice Premier Li Keqiang and visiting French Prime Minister Francois Fillon commenced the construction of Taishan nuclear power plant in Beijing Monday, a Sino-French joint project in South China's Guangdong province. Source: BizChina
China's industrial output is expected to post an 11 percent rise from a year earlier this year, buoyed by the government's stimulus packages, Minister of Industry and Information Technology Li Yizhong said Monday. Li made the forecast at a two-day conference starting Monday in Beijing, adding the industrial output development would ensure the 8 percent ...
Chinese equities rose on Monday, with the benchmark Shanghai Composite Index up 0.29 percent, or 9.09 points, to close at 3,122.97 points. The Shenzhen Component Index gained 0.74 percent, or 96.18 points, to close at 13,011.15 points. Combined turnover shrank to 143.01 billion yuan ($21.09 billion), from 196.97 billion yuan on the previous trading day. ...
China's proactive employment policies and measures in the wake of the financial crisis have generated positive results, Yin Weimin, Minister of Human Resources and Social Security, said on Saturday. China is expected to create over 11 million jobs in 2009, well above the target set in March this year, Yin said. In a most important measure taken since t...
China lauded the Copenhagen Accord, hailing it an agreement based on arduous negotiation and the "sufficient, transparent and smooth" communication with other countries. In the aftermath to the United Nations climate change conference, which ended on Saturday and has drawn criticism for not doing enough to fight global warming, China's Foreign Ministry h...
China will maintain steady and relatively fast economic growth, and speed up the transformation of the economic development pattern in 2010, said Foreign Minister Yang Jiechi yesterday in Beijing. In the upcoming year, which is crucial for the recovery of the global economy and reform of the international financial system, China will work against risks an...
President Hu Jintao yesterday pledged support for Macao to develop in a "creative" manner as the festive special administrative region celebrated the 10th anniversary of its return to the motherland. Delivering a speech after the third-term government of Macao was sworn in, the president lauded the region's achievements over the past decade. "Macao ove...
Shanghai Automotive Industry Corp (SAIC) yesterday said it will form a $20-million venture with US-based A123 Systems Inc to jointly develop batteries and systems for green vehicles in China. The Shanghai Advanced Traction Battery Systems Co, which is 51 percent owned by SAIC, will focus on developing, manufacturing and selling complete vehicle traction b...
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.
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