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China's Ministry of Land and Resources(MLR) said on Tuesday that it has issued a circular with 10 other authorities to step up land use planning and management after the country unveiled measures to stimulate domestic demand. Local authorities should protect the arable land and farmers' legitimate interests in handling land use applications of new proj...
Four executives of Sanlu Group, the major dairy at the center of China's tainted milk scandal, went on trial Wednesday at a court in Shijiazhuang, capital of northern Hebei Province. The Shijiazhuang Intermediate People's Court accused Tian Wenhua, Sanlu's former board chairwoman and general manager and three other executives of producing and selling f...
Human Resources and Social Security Minister Yin Weimin said here on Monday that China aims to create 9 million new jobs in urban districts next year. Yin said China wants to keep the registered urban unemployment rate under 4.6 percent next year. The economic slowdown due to the financial crisis will add difficulties for Chinese [seeking...
To date, there are approximately 33,000 foreign enterprises actually operating in Shanghai. The survival rate of foreign enterprises over the past 30 years exceeds 60%, according to a report from Xinhuanet.com. In August 1980, Shanghai saw the founding of the first Chinese-foreign joint venture enterprise since reform and opening-up in the form of the ...
Conditions of foreign-funded enterprises here have deteriorated in the past four months amid the global financial crisis, according to a municipal government report on Monday. In the first 11 months of 2008, such enterprises had a 17.7 percent rise in operating income and a 9 percent rise in profits year-on-year, compared with 25.8 percent and 67.6 pe...
China will increase the export tax rebates for some machinery products as of Jan. 1, 2009, in a bid to alleviate cost burdens on exporters, the country's taxation watchdogs said Monday. The rebate hikes will involve 553 types of high-tech and high value-added mechanical and electrical products, the Ministry of Finance (MOF) and the State Administratio...
China's Ministry of Commerce started Monday an anti-dumping investigation into carbon steel fasteners imported from the European Union (EU), the country's latest response to the latter's proposed high anti-dumping duties on Chinese fastener exports. An application for a probe was filed on Dec. 1 by the fastener branch of the China General Machine Comp...
South Korea's state fund plans to trim its stock investment ratio by nearly 10 percentage points in 2009 amid worldwide bearish equity markets stemming from global financial turmoil, the South Korean government said Monday. The National Pension Service (NPS), the nation's largest institutional investor, will trim its stock investment ratio from ...
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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