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The construction of the Eastern Siberia-Pacific Ocean (ESPO) oil pipeline's branch to China started in the Russian far eastern town of Skovorodino Monday, news reports said Tuesday. The 63.8-kilometer-long branch will have an annual output capacity of 15 million tons of oil, the Itar-Tass news agency reported. Russian Deputy Prime Minister Igor Sechin ...
On April 27, Vice Minister of China's Ministry of Commerce Zhong Shan met with Dan Piccuta, Chargé d'affaires of the Embassy of the United States of America, to negotiate on two trade remedy investigations targeting Chinese-made products that US industries recently filed with the US government. Zhong said the Chinese government has always valued ...
China's goal to build Shanghai into an international financial center by 2020 will match the status of the national economy and the Chinese currency, a senior official said here Thursday. The internationalization of the yuan and the currency's free convertibility are related to various factors, Liu Tienan, deputy head of the National Development and Ref...
China will offer humanitarian aid worth $five million to Mexico, the Foreign Ministry said on Wednesday. The emergency humanitarian assistance comes in the wake of the epidemic of swine flu, and includes $one million in cash and material aid worth $four million, the ministry said. The probable death toll from swine flu in Mexico rose to 159, the Mexican...
Japanese Prime Minister Taro Aso arrived here at noon Wednesday, starting a two-day official visit to China. Aso will meet with Chinese leaders, exchange views with representatives of youth, business and cultural organizations and visit a Sino-Japanese cooperation project involving a Beijing-based steel maker. China hoped his visit would help increase m...
China's energy intensity dropped 2.89 percent in the first quarter, the National Bureau of Statistics (NBS) reported Tuesday. The decrease compared with 2.62 percent a year earlier. The NBS said the calculation, which reflects how much energy is used to produce a unit of gross domestic product (GDP), was based on a 3.04-percent increase in energy consu...
Former French Prime Minister Laurent Fabius said most world problems could not be solved by only one or two countries, and the notion of a China-US G2 raised by some was largely an illusion. Speaking at the ongoing 8th Euro-China Forum held in the northern port city of Tianjin Tuesday, Fabius said the world faced a financial crisis as well as terrorism, w...
China is building a $315-million hydropower station in the Pamirs to improve irrigation, power generation and flood control in the northwestern Xinjiang Uygur Autonomous Region. The project, whose construction began Tuesday at 3,300 meters above sea level, will be the first and largest of planned five hydropower stations along the Gez River in the Kirgiz ...
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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