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China raised the export rebate on 3,800 items to maintain growth, the Ministry of Finance and the State Administration of Taxation (SAT) said Friday. It was the sixth increase since last August when the government decided to raise refunds in an attempt to tackle slumping exports amid the global financial crisis. The export rebate for the textile and gar...
Sales of domestically produced motor vehicles in China set a new record of 1.11 million units in March, up 5 percent from a year earlier, the China Association of Automobile Manufacturers (CAAM) said Thursday. This was the third consecutive month that China's auto sales exceeded the United States, the world's largest auto market. According to Autodata...
China's exports fell for the fifth month in a row to 90.29 billion U.S. dollars in March, down 17.1 percent from a year earlier, the General Administration of Customs said Friday. In February, the country's exports plummeted 25.7 percent year-on-year, the worst decline in more than a decade. Imports slumped 25.1 percent year-on-year last month to 71.7...
Chinese Minister of Commerce Chen Deming has proposed stimulating domestic demand through foreign demand. China should actively expand its share in the world market, promoting employment and increasing income through foreign demand, so as to boost domestic demand and consumption. Chen wrote in the latest issue of the Qiushi Journal that, in a sense, sta...
The Chinese government gave the nod to shareholding reform and mergers of publishing houses, which are normally state owned. It encouraged and supported all investors, especially state-owned enterprises, to take part in restructuring publishing houses into joint-stock companies, said the circular made public Monday by the General Administration of Press a...
China has enhanced the protection of international trademarks in the past years, as more than 530,000 foreign trade marks from more than 130 countries or regions had been registered in China by 2008, Chinese authorities has said. The figure was over 100 times more than the 1979 level, said the State Administration For Industry and Commerce (SAIC). Compani...
German's main competition watchdog, the Federal Cartel Office, on Wednesday fined U.S. company Microsoft 9 million euros (about 11.9 million U.S. dollars) for colluding with retailers to set the price of Office Home and Student 2007. The watchdog said suppliers are allowed to talk to retailers about prices in Germany but need to be careful not to...
US software giant IBM Corp said on Wednesday that China's planned 850-billion yuan healthcare system overhaul will generate at least $1.5 billion in new spending in software, providing great opportunities for technology companies that have taken a beating in the current global economic downturn. Matt Wang, vice-president of IBM's China Development Lab, ...
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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