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Salary increases for executives of state-owned enterprises (SOE) should be in line with those for employees, Hu Xiaoyi, vice minister of Human Resources and Social Security, said Tuesday. Hu said that the government was formulating a document to regulate more effectively SOE executives' salary plans, and the document would be released in the near future....
China National Petroleum Corp (CNPC) and BP are expected to jointly finalize their contracts with Iraqi partners for the development of the Rumaila oilfield by the end of October, after the two companies were awarded the contract to develop the field in June. CNPC President Jiang Jiemin was scheduled to travel to London this week to meet with BP's top ma...
China generated 348.5 billion kilowatts of electricity in July, up 4.21 percent year-on-year, according to figures from the power dispatch center of the State Grid Corporation of China Tuesday. This was the second consecutive month of electricity generation volume growth and a sign of economic stabilization and a recovery in domestic industrial production...
Olympic souvineers collected from the public will be auctioned off on August 8th, the first anniversary of the 2008 Beijing games, the China Beijing Equity Exchange (CBEX) announced Tuesday, according to the Beijing Youth Daily. Opening bids for many items will start at zero yuan. The items on sale will include an Olympic torch autographed by Juan Antonio...
CHINA-Vietnam Red River Bridge, jointly designed and built by the two countries over the border, opens to traffic September 1, Xinhua reported. The CNY69.3 million (US$10.1 million) bridge, is located at the confluence of the Red River and Nanxi River, joining China's Yunnan province at the north and Vietnam's Lao Cai province in the south. The four-lan...
TRADE groups have warned the US Senate to refrain from including trade and competitiveness provisions in global warming legislation or risk a "green trade war", reported American Shipper. A submission from the Emergency Committee for American Trade, National Foreign Trade Council, US Chamber of Commerce, and US. Council for International Business said tha...
Northwest China's Xinjiang Uygur autonomous region will spend 5.4 billion yuan ($790.6 million) in the next two months to speed up highway construction, said a senior transport official Tuesday. Wang Xinhua, Communist Party chief of the regional transport department, said a record high 15 billion yuan has been earmarked for highway construction in Xinjia...
Chinese shares continued to rise for the fourth consecutive trading day on Tuesday, but at a slower pace as investors are getting cautious. The benchmark Shanghai Composite Index rose 0.26 percent, or 8.85 points, to finish at 3,471.44. It set a record close since the gauge ended at 3,473.09 on May 23, 2008. The Shenzhen Component Index gained 0.34 perc...
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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