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China and Russia may jointly build a $4-billion oil refinery in the northern Tianjin municipality next year to cater to the rising domestic demand, according to the local government. The project, developed by China National Petroleum Corp (CNPC) and Russia's OAO Rosneft, will be located in Binhai Industrial Zone. It can process 10 million tons of crude a...
Chinese Vice Minister of Commerce Zhong Shan said in Shanghai Sunday the nation would face a severe situation in foreign trade this year against the backdrop of the spreading global financial crisis. The financial crisis has not bottomed out yet, which may reduce the country's international trade markedly, Zhong said at a forum held on the sideline of th...
Baosteel Group, a leading Chinese steelmaker, announced Sunday it would form a new joint venture with two domestic rivals in eastern Zhejiang Province. Baosteel, together with the Hangzhou Iron and Steel Group Company (HISGC), would restructure the Ningbo Iron and Steel Co. Ltd. as the largest stockholder of the new company, the Shanghai-based steel giant...
China would send a small-scale delegation to Britain to explore mutual investment opportunities, said Minister of Commerce Chen Deming here Monday. China's procurement trip to Europe is very successful, said Chen, who made the comments when taking reporter questions at a television meeting discussing how to expand consumption and facilitate circulation. ...
A high-powered trade delegation ended its European shopping trip over the weekend, signing deals worth more than $13 billion in four countries. The trip demonstrates China's commitment to open its market and oppose trade protectionism, Chen Deming, the minister of commerce and delegation head, was quoted as saying by Xinhua. The procurement will help c...
Chinese Vice Minister of Commerce Zhong Shan said in Shanghai Sunday the nation would face a severe situation in foreign trade this year against the backdrop of the spreading global financial crisis. The financial crisis has not bottomed out yet, which may reduce the country's international trade markedly, Zhong said at a forum held on the sideline of th...
Baosteel Group, a leading Chinese steelmaker, announced Sunday it would form a new joint venture with two domestic rivals in eastern Zhejiang Province. Baosteel, together with the Hangzhou Iron and Steel Group Company (HISGC), would restructure the Ningbo Iron and Steel Co. Ltd. as the largest stockholder of the new company, the Shanghai-based steel giant...
China's aquatic product export volume valued at 10.6 billion U.S. dollars in 2008, making it the biggest sources, or 26.2 percent of the country's total farm produce exports, according to the Ministry of Agriculture (MOA) statistics. China exported 2.97 million tonnes of aquatic products last year, a year-on-year drop of 3.2 percent, but the export valu...
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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