Trade News

China to Take More Measures to Spur Consumption Dec 25, 2008

More measures will be taken to stimulate consumption and support foreign trade, according to Wednesday's executive meeting of China's State Council, or the cabinet. A document released after the meeting, chaired by Premier Wen Jiabao, said to stimulate domestic consumption, efforts should be made to improve the rural circulation network, increase the ...

Overseas Money to Help Chinese Quake Zone Dec 25, 2008

China is using a total of $1.5 billion in overseas preferential loans to rebuild its quake hit areas, according to the National Development and Reform Commission, China's top economic planning body. These contingency funds will be used in Sichuan, Gansu and Shaanxi provinces for the reconstruction of urban buildings, education & healthcare facilities, ...

Certificate of Origin Cuts USD 5.65 billion Tariff for Chinese Exporte...Dec 25, 2008

China had issued 3.96 million certificates of origin in the first 11 months to November, which reduced and exempted tariffs worth 5.65 billion U.S. dollars for Chinese exporters, the quality supervisor said Wednesday. In January through November, exported goods with certificates of origin issued by the General Administration of Quality Supervision, In...

China Customs advance manifestDec 24, 2008

China Customs will enforce new rules on the advance manifest of export and import shipments with effective date 1st January 2009. The regulations apply on all shipments to and from Chinese ports excluding Hong Kong and Macau. Import from China In ocean freight, the advance manifest must be subimitted to China Customs by the carrier 24 hours before ...

Exporters' pain felt in faraway ParisBy Dec 24, 2008

PrintMailFinding a parking space around the bustling wholesale market of Aubervilliers in northern Paris used to be a harrowing experience. During the peak season, bulk buyers from across Europe often had to wait in queues before getting a parking space. After all, Aubervilliers is the continent's largest wholesale hub of Chinese goods where one cou...

Fall in SOE's Profits Deepens Dec 24, 2008

The combined net profit of China's State-owned enterprises (SOEs) for the first 11 months of 2008 amounted to 1.2 trillion yuan ($175 billion), down 15.7 percent from a year earlier, Ministry of Finance figures showed. Aggregate sales rose 20.3 percent to 19 trillion yuan. The 143 SOEs directly controlled by the central government posted a total profit...

Tibet Cuts Fares, Hotel Rates to Lure Winter Sightseers Dec 24, 2008

Tibet's tourism market, battered by riots in March, has cut travel and hotel costs in hopes of luring domestic and international sightseers. The tourism bureau is promoting a winter tour package, deputy chief Wang Songping said on Tuesday. Most of the tourist attractions, airline companies, hotels and travel services joined the promotion and offered di...

EU Approves Modified British Financial Bailout Plan Dec 24, 2008

The European Commission said on Tuesday it has approved modifications to Britain's financial bailout plan. The amendments mainly concern the fee payable on guaranteed liabilities and the widening of the range of currencies in which the guaranteed instruments can be issued. The modifications will bring the British scheme in line with those in other ...

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Transportation Center Connecting Asia and Europe Market

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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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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