Outbound travel to Taiwan, Hong Kong and Macao remains popular with mainland travelers during the upcoming Spring Festival holiday season, an online survey has showed. About 11 percent of people polled in an online survey released by market research firm Nielsen during the weekend picked overseas travel destinations over domestic ones for the coming va...
Product recalls, rising production costs and the global financial crisis caused almost 1,000 Chinese toy exporters in just one province to shut down last year. According to data released Saturday by Huangpu Customs, 922 toy exporters in Guangdong Province closed operations in 2008. That leaves the area with 2,167 toy exporters compared with the 3,0...
Angola has now become China largest trade partner in Africa, with bilateral trade volume hitting an all time high of 25.3 billion U.S. dollars in 2008, visiting Chinese Minister of Commerce Chen Deming said on Sunday. At a press conference after meeting Angolan Prime Minister Antonio Paulo Kassoma, the Chinese minister told reporters that the past few...
Last year the General Administration of Quality Supervision, Inspection and Quarantine of the People's Republic of China (AQSIQ) paid more attention to the quality inspection and quarantine of imports and exports and found 108,000 batches of unqualified goods in total, worth 58.62 billion USD. Wang Yong, Minister of AQSIQ, said that AQSIQ intercepted a...
Foreign direct investment (FDI) in China jumped 23.58 percent annually to 92.395 billion U.S. dollars last year, Yao Jian, spokesman of the Ministry of Commerce, said Thursday. But the rate for the whole of 2008 was lower than the 26.3 percent for the first 11 months of last year and 35 percent for the first 10 months. Source:Xi...
The government should take steps to better protect Chinese workers abroad, especially because their number could increase to more than 1 million in the next few years, experts said Wednesday. The experts were responding to reports that 23 Chinese working on a construction site in Saudi Arabia had been deported for protesting against poor pay. They were...
A giant structure created with hundreds of tangerines is on display at a square in Hangzhou, Zhejiang province on Wednesday, 14 Jan, 2008. Authorities in Zhejiang province will provide more fiscal and policy support for SMEs and the private sector in a bid to counter the effects of the financial crisis, a senior official said Wednesday. Tax...
China's major automaker First Automobile Works (FAW) Group said Thursday its sales volume and revenue both reached record highs in 2008. The automaker said it sold more than 1.53 million vehicles last year, a 6.75 percent increase from 2007. Sales revenue totaled a record high of 218.4 billion yuan (about 32.12 billion U.S. dollars), up 8....
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.
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