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South China's Guangzhou city will reduce the unemployment insurance premium for enterprises next year, aiming to partly offset the impact of the global financial crisis. Cui Renquan, head of the city's bureau of labor and social security, said unemployment insurance premium will be reduced by a big margin starting from January to alleviate burden of en...
The central Chinese province of Hubei is preparing for the construction of the country's first inland nuclear plant, a local planning official said on Sunday. Local authorities have relocated residents from the land designated for the plant in Xianning City, and completed road construction for the project, the official from the city's planning commissi...
It remained uncertain whether a deal on the Doha Round of global trade talks could be reached by the year end, the European Union (EU)'s French presidency said on Monday, citing the U.S. stance as an obstacle. The reality is that there is a lot of uncertainty, French Secretary of State for Trade Anne-Marie Idrac told reporters after a meeting with EU ...
China's screw and fastener exporters are concerned that they face anti-dumping duties of up to 87 percent in the markets of the European Union (EU) and might set internal price controls to avert European action, an industry expert said on Sunday. Anti-dumping moves in the EU would aggregate the plight of the Chinese exporters, whose orders have fallen...
Experts have urged the government to spend more money out of its $586-billion economic stimulus package on health, housing, social insurance and education sectors to increase domestic demand. The issue may be discussed at the Central Economic Conference, which begins today in Beijing, Dong Xian'an, a macroeconomic analyst with China Southwest Securitie...
China on Friday exported its first batch of cooked poultry meat to the European Union (EU) after the lifting of a six-year ban, the Ministry of Commerce said in a statement. Shandong Zhucheng Foreign Trade Co. Ltd. in the eastern province of Shandong shipped 60 tons of cooked chicken meat, or 10percent of its export deal, from Qingdao to Antwerp, Belg...
Tianjin Binhai New Area, a pilot zone of China's economic reform and a promising growth locomotive for North China, is not backing down amid the economic slowdown. Gou Lijun, director of the Tianjin Binhai New Area administrative committee, said some foreign investors are slowing their pace in funding new projects in Binhai, and the harbor has wit...
Siemens yesterday said its sales and new orders in China both saw 19 percent growth in fiscal year 2008 despite the economic slowdown. Last year sales and new orders of Siemens China surged to 57 billion yuan and 65.5 billion yuan, respectively. In face of a global economic downturn the results of our China operations again contribute significantly to ...
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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