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Hawang Technology, China's leading producer of electronic book readers (e-reader), surpassed Sony in monthly sales to become the world's second largest e-reader producer after Amazon.com since September this year, according to Liu Yingjian, founder and chairman of the company. Monthly sales of Hanwang's e-readers come to 30,000 units at present. It has...
The ChiNext Index, China's start-up board for small and medium-sized enterprises to raise capital, closed higher on Wednesday as all the 28 stocks were up. The board, based in Shenzhen and started trading on October 30, 2009, is tailored to the needs of enterprises engaged in independent innovation and other enterprises with great growth potential. Sou...
The United States and China, the world's first and third largest economies, have pledged to rebalance each other's economy and move in tandem on forward-looking monetary polices for a strong and durable global economic recovery, according to a China-US joint statement released in Beijing on Tuesday. The statement, issued after talks between Chinese Pres...
China Merchants Securities, which raised 11.1 billion yuan ($1.63 billion) from its initial public offering, rose 8.42 percent on its debut at the Shanghai stock exchange yesterday, making it the weakest opening in three years on the domestic bourse. Shares of Merchants Securities, the eighth-largest domestic brokerage, opened at 35.01 yuan, up 12.9 perce...
Dominique Strauss-Kahn, managing director of the International Monetary Fund(IMF), said Tuesday the Fund fully supports China's efforts to shift its growth model "from heavy reliance on exports toward private consumption." "Chinese government strategy will be good not only to Chinese people but also to the world economy," said the IMF chief at a press co...
A Chinese economist has warned that the country's soaring property prices and equities were "signs of asset bubbles," owing to excessive liquidity. The Economic Information Daily reported Tuesday that Wu Jinglian, an expert with the Development Research Center of China's State Council, or Cabinet, said excessive lending and liquidity would be a long-ter...
Chinese Vice Premier Li Keqiang said Tuesday that he hoped China and the United States would strengthen dialogue on policies and seek a more effective cooperative mechanism to promote clean energy development. Li expressed the hope in a meeting with US Secretary of Commerce Gary Locke, Secretary of Energy Steven Chu, Trade Representative Ron Kirk, and Leo...
Himin Solar Energy Group launches its latest solar water heating solutions, named "3G", on Nov 16, a move to further consolidate its leading position in China's solar thermal industry. The Shangdong-based company has also set up a bundle of experiencing centers nationwide to promote life styles created through its solar water heating technologies. As C...
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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