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Chinese Premier Wen Jiabao told the Financial Times on Sunday that based on a scientific attitude and pragmatic view he is confident China will weather the global economic crisis. The confidence, Wen said, comes from a correct judgment of the current situation. He also credited China's robust material foundation and the strong economic system that his ...
Profits of China's shipbuilders rose 50 percent in 2008 from the same period a year ago, despite rising material costs and the appreciation of Renminbi, according to data released Monday by the Ministry of Industry and Information Technology (MIIT). Profits jumped 50.5 percent to 28.34 billion yuan (4.05 billion U.S. dollars). The industry value totale...
Google on Monday launched the latest version of Google Earth with new features that enable users to dive into the ocean, travel back in time and visit Mars. The ocean feature of Google Earth 5.0 provides users the opportunity to navigate beneath the ocean surface, explore 3D sea floor terrain and visit some of the most difficult-to-reach parts of the ...
The foreign exchange reserves of Macao Special Administrative Region (SAR) was preliminary estimated at 127.2 billion patacas (15.93 billion U.S. dollars) at the end of December 2008, the SAR's Monetary Authority announced on Friday. The reserves for December 2008 rose by 0.6 percent from the revised value of 126.4 billion (15.83 billion dollars) for ...
East China's Jiangxi Province is planning to kick off 14 railway projects by 2012 to improve transportation conditions, the local railway authority said Friday. The projects, involving an estimated investment of 116.52 billion yuan (17 billion U.S. dollars), will bring Jiangxi's total rail length to 3,500 kilometers upon completion. According to a...
Hong Kong's goods exports in December fell 11.4 percent year on year to 205.8 billion HK dollars (26.4 billion U.S. dollars), dragging the export growth for 2008 as a whole down to 5.1 percent, the Hong Kong Special Administrative Region (HKSAR) government said Thursday. The imports in December fell by 16.2 percent to 217.6 billion HK dollars (27.9 bi...
Northwest China's Xinjiang Uygur Autonomous Region is planning to invest 3.5 billion yuan (512 million U.S. dollars) this year in its rural highways, the regional transport department said Thursday. The money will be used to build and upgrade 11,000 km highways in rural areas, enabling 80 towns to have access to asphalt roads and 400 villages to be co...
Sino-African trade reached a "historic" level of 106.8 billion U.S. dollars in 2008, China's Ministry of Commerce said Tuesday. Bilateral trade was 10 billion U.S. dollars in 2000 but has since grown at an average year-on-year rate of more than 30 percent, the ministry said. China's cumulative investment in Africa from 2000 to 2008 was more ...
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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