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British Prime Minister Gordon Brown said there are five urgent challenges that next week's UN meeting and G20 Summit in America must seek to address, reported in London on Sunday. Brown said world leaders must agree common action to prevent climate change, fight terrorism, end nuclear proliferation, overcome poverty and secure prosperity. He said tough...
Government warnings are growing about excess production capacity in China's auto industry in the years to come as a result of feverish construction of new facilities by automakers. Chen Bin, an official from the National Development and Reform Commission (NDRC), China's top industry planner, recently said that many vehicle producers, encouraged by the o...
China would make pilot moves to raise hydropower electricity prices in a bid to subsidize residents who made way for the power projects, Zhang Guobao, vice minister of the National Development and Reform Commission, China's top economic planning agency, said over the weekend. "The commission is about to raise hydropower electricity prices to the same lev...
Many foreign companies, including PepsiCo and Mead Johnson, from 25 countries have been blacklisted from a monthly report by a State Council watchdog in charge of product quality. Among the companies blacklisted, the most prominent name was PepsiCo, which has its international branch based in New York. Nearly 38 tons of frozen concentrated orange juice th...
Opportunities for Chinese investment in the United States are a significant part of US-China trade relations, US Secretary of Commerce Gary Locke said in Washington. "It is important that we focus on mutually beneficial trade," Locke said in a recent exclusive interview with the US Edition of China Daily. "We believe that opportunities for trade between...
Leading officials within the Communist Party of China (CPC) will soon have to declare all assets and investments, as well as details on their family, as part of anti-graft measures to curb corruption. High-ranking members will be ordered to disclose all housing and business dealings, along with the jobs of their spouses and children. The CPC's Central ...
International Business Machines Corp (IBM), the Shenyang city government and Shenyang-based Northeastern University jointly announced the establishment of an eco-city collaborative laboratory, or 'collaboratory' on Wednesday. The planned collaboratory, located in the city's Hunnan New Area, where thousands of hi-tech companies are already located, will...
Chinese equities closed 3.19 percent down on Friday, led by financial stocks and heavyweights. The benchmark Shanghai Composite Index dropped 97.59 points to finish at 2,940.83. The Shenzhen Component Index dipped 3.98 percent, or 496.21 points, to end at 11,977.40. Aggregate turnover shrank to 202.36 billion yuan ($29.63 billion) from 275.29 billion yu...
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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