Trade News

Power firm shows stable results despite consumption dropJul 23, 2009

Despite a downfall in domestic electricity consumption earlier this year, the first interim results of power generation companies remained stable and showed recovery signs of the industry, the Securities Daily reported on Thursday. Baolihua New Energy Stock Co Ltd, a Guangdong-based power generation group, chalked up 1.326 billion yuan ($194.12 million) i...

Securities companies report rising profitsJul 23, 2009

China's securities companies are on track for rising profits this year with the nation's economic growth back on track, a renowned financial analyst said Wednesday. Yi Xianrong, an analyst with the Financial Research Institute of the Chinese Academy of Science, said China's economic recovery was a major factor leading to the sound performances of secur...

Telecom behemoths spend 80b yuan on 3G rolloutJul 23, 2009

Chinese telecom operators have invested 80 billion yuan ($11.71 billion) in the first half of this year to build a third-generation (3G) services network, according to figures from the Ministry of Industry and Information Technology (MIIT). But mobile users in the country have been slow to accept the new service, Chinese media said. Zhu Jun, deputy dire...

Australia urged to treat Rio Tinto spy case 'properly'Jul 23, 2009

A senior Chinese diplomat yesterday urged Australia to respect the judicial sovereignty of China in handling the espionage case involving Anglo-Australian mining giant Rio Tinto. "The Australian side should look at it as an individual case and treat it properly," said Deputy Foreign Minister He Yafei. He made the remarks during a press briefing in advan...

China should continue macroeconomic policy: economistJul 23, 2009

China should stick to its proactive fiscal policy and moderately easy monetary policy to fuel the economic growth as the foundation for recovery is not solid yet, said a Chinese economist on Wednesday. Li Yining, a renowned economist at the Peking University, said at a conference in Beijing that the current economic advance was pushed by investment, which...

NBS official refutes charges of unreliable GDP figureJul 23, 2009

In an exclusive interview with China Daily, a China National Statistics Bureau official rebutted claims by a US researcher who challenged the credibility of China's statistical data and blamed the strategy the nation has adopted to fight the economic crisis. The official said that the NBS has employed a full-fledged statistical survey system to ensure the ...

Chery Auto revives initial offer plansJul 22, 2009

China's largest private automaker Chery Automobile Co said yesterday that it was resuming plans for an A-share initial public offering (IPO) as the stock market has recovered from the effects of the global financial crisis. "We are preparing for the IPO and hope to be listed soon," Chery's spokesman Jin Yibo told China Daily. "As an ambitious auto man...

E-Class sedan hits roadJul 22, 2009

German luxury carmaker Mercedes-Benz is hoping to grab more market share in China's medium-sized premium sedan segment with its all-new E-Class model and the sedan was a crucial step in its overall strategy to get ahead in what is currently the world's biggest automobile market, a senior company official said yesterday. "The all-new E-Class is the most ...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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  • Country:China