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Deutsche Borse, the Germany-based security exchange group, opens its representative office in Beijing on Friday. The runner of Frankfurt Stock Exchange was approved on Sept. 26by the China Securities Regulatory Commission to set up its Beijing office. Wu Jianhong will be the Chief Representative Officer. The opening under the global financial cris...
Undeterred by the current global economic crisis, Taiwan businesses will invest 20 billion yuan ($2.9 billion) in Tianjin, a top government official of the municipality said yesterday. There are 22 joint projects, involving an investment of 20 billion yuan, expected to be signed between Tianjin and Taiwan, Ren Xuefeng, the vice-mayor of Tianjin, said....
China's tropical farm produce made swift sales at a winter trade fair that ended on Sunday in southernmost province of Hainan, fetching 2.6 billion U.S. dollars in contractual deals, one billion more than last year's session. A total of 4.44 million tons of farm produce, including tropical fruit, aquatic products, poultry and flower, were sold at the ...
China and the United States yesterday agreed to collaborate on developing electric and hybrid vehicles in a significant boost to the green programmes expected to reshape the automobile industry. The collaboration comes at a time when US President-elect Barack Obama is heralding green cars as a crucial part of his energy strategy, while the Chinese gove...
After five years of double-digit economic growth, China on Wednesday set the tune of carrying out a soft landing to begin a new growth cycle, as Chinese policy makers gathered at the Central Economic Work Conference to tackle mounting difficulties in sustaining growth amid global financial tsunami. The central authorities pledged to strive for continu...
Japanese electronics giant Sony Corp is reviewing its China operations amid a global layoff plan that will see 16,000 people lose jobs. Sony China said it will actively cooperate with the initiative by its headquarters in Japan, the largest workforce reduction by a Japanese company since the start of the global economic crisis. The global slump has ...
The government is likely to cut the business and income tax levied on property transactions to further stimulate the real estate market, according to industry insiders. Policy makers at the recently concluded Central Economic Work Conference (CEWC) have recommended the construction of more low-cost houses and reducing the tax burden for individual home...
Bilateral trade between China and Vietnam hit 16.6 billion U.S. dollars in the first ten months this year, surpassing the figure for the whole of 2007, said Wang Chao, Assistant Minister of Chinese Ministry of Commerce here on Thursday. With this momentum, bilateral trade is likely to exceed the target of 25 billion U.S. dollars for 2010 ahead of time...
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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