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China's Ministry of Finance (MOF) said Wednesday it would issue 13.1 billion yuan (1.92 billion U.S. dollars) of three-year local government bonds from May 14 to 18 on behalf of three provinces at a fixed annual coupon rate of 1.71 percent. The plan allocates 3.1 billion yuan for Hubei Province, 9 billion yuan for Sichuan Province and 1 billion yuan fo...
China provided further details Tuesday on a three-year plan to stimulate the equipment manufacturing industry. A report from the State Council, or Cabinet, said the industry lacked innovative ability and had underdeveloped technology. The report expands on a plan approved by the Council on Feb. 4, which aims to raise the market share of the domestic i...
China's industrial expansion slowed in April amid overcapacity in the world's third-largest economy. Industrial output slowed to 7.3 percent year on year in April from 8.3 percent in March, the National Bureau of Statistics (NBS) said Wednesday. The figure was at the high end of analysts' expectations, which ranged from 7.1 percent to 7.3 percent. ...
Chinese insurers had paid 1.66 billion yuan (243 million U.S. dollars) in claims from areas affected by last year's May 12 earthquake as of May 10 this year, the China Insurance Regulatory Commission (CIRC) said in a statement Tuesday. Insurers had settled 231,000 claims involving 12,900 deaths, 743 people who became disabled and 3,343 who needed medical...
According to customs statistics, the total value of China's imports and exports in March this year amounts to 162.02 billion USD, down 20.9 percent year-on-year. Exports in March dropped 17.1 percent year-on-year to 90.29 billion USD, and imports fell 25.1 percent year-on-year to 71.73 billion USD. The trade surplus in March was 18.56 billion USD, up 41.2 ...
Chinese Vice Premier Wang Qishan (L) and British Chancellor of the Exchequer Alistair Darling hold a press conference after the Second China-UK Economic and Financial Dialogue in London, Britain, May 11, 2009. [Photo: Xinhua] Chinese Vice-Premier Wang Qishan and Britain's Chancellor Darling jointly held the Second China-UK Economic and Financial Dialogue...
Microsoft Corp. on Monday announced that Windows 7, next version of its operating system, is on track for sale by 2009 holiday season. It is anticipating that Windows 7 "will be available to customers in time for the holiday shopping season," the software giant said in a press release. With early RC (Release Candidate) testing and exte...
China has earmarked 3 billion yuan ($439 million) this year to support the large-scale breeding of pigs and cows in a bid to stabilize agricultural development and help raise farmers' incomes, the State Council said in a statement on Sunday. The cabinet, urged governments at all levels to put into effect all subsidy and stimulus policies regarding pig an...
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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