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Guangxi-based Yuchai Machinery Company recently signed a supply and marketing agreement with a Russian distribution enterprise involving engines worth 10 million yuan. This is the first time Chinese engines will be exported in bulk to Russia as a single product. Yuchai has China's largest diesel engines production base and to date, its products have been...
China remains fully committed to free trade and believes it is the right way to help the world out of the financial crisis, Chinese Commerce Minister Chen Deming said Wednesday. No country can escape the global financial crisis and economic downturn. Only through opening markets can we solve the problem, Chen told Xinhua in an interview Wednesday evenin...
China intensifies cooperation with its European partners while some other countries retreated to trade protectionism, it proves that China is a reliable partner in global financial crisis, said a German business leader Wednesday. Under the background of global financial crisis, China still sent procurement team to Germany to buy over 10 billion U.S. dolla...
A Chinese business delegation, led by Commerce Minister Chen Deming, signed here on Wednesday a total of 37 procurement deals worth around 11 billion euros (14 billion U.S. dollars) with German companies. According to Chen, the 37 deals are composed of two parts -- purchasing contracts, and cooperation agreements which need further negotiations. The dea...
German Economy Minister Karl-Theodor zu Guttenberg and Chinese Commerce Minister Chen Deming on Wednesday condemned protectionism, saying that opening markets is the proper approach to addressing the global economic crisis. The two ministers spoke at a German-Chinese business forum in Berlin. A Chinese procurement team, led by Chen, attended the forum. ...
A Chinese house hunting group bound for the US, known as China's first bargain house hunting group to purchase homes in the US, has finally left for the US today. Most of the members of this multimillionaire group are professionals and all of them have fortunes of over 10 million yuan. The first stop of their 11-day US house hunting tour will be Los Ange...
A business delegation of about 200 Chinese entrepreneurs arrived in Berlin Tuesday night, starting their four-state procurement tour in Europe. The delegation, led by Commerce Minister Chen Deming and composed of state-owned, joint venture and private companies from various industries, are expected to sign deals of purchasing automobiles, machinery, aircr...
Hong Kong Chief Secretary for Administration Henry Tang said Wednesday that the 2009-2010 Budget is outstanding and pragmatic. Speaking at a media session after Financial Secretary John Tsang presented the budget at the Legislative Council on Wednesday, Tang said the budget has a number of very good and appropriated measures, which will protect and promot...
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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