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Figures released by China's National Bureau of Statistics (NBS) on Friday showed that China's consumer confidence index (CCI) shrank slightly in September amid the global slow-down in economic growth. China's gross domestic product (GDP) grew by 9.9 percent year on year in the first three quarters of this year. The growth rate was 2.3 percentage point...
In the coming 20 years, the world will invest 3.2 trillion USD in purchasing 29,400 new commercial aircraft. China alone will need 3,710 new planes, worth about 390 billion USD, making China the fastest-growing commercial airplane market in the world, according to the details of its Current Market Outlook (CMO) on the China region for 2008 released by Boe...
Located in the Shanghai Chemical Industry Park, about 50 km from Shanghai city center, the Bayer integrated site is under operation. Developed by Bayer MaterialScience, the manufacturing facility is its largest investment outside Germany. The site of Bayer MaterialScience, one sub group under the chemical and pharmaceutical company Bayer, consists main...
The Chinese Commodities Distribution Center in Europe has completed construction and held a ceremony to mark the occasion here Tuesday. Zhang Wei, vice president of China Council for the Promotion of International Trade (CCPIT), and the Hague's Vice Mayor Henk Kool attended the ceremony. The distribution center, which began construction five years...
The latest figure released by the Ministry of Commerce (MOFCOM) shows that the trade between China and its largest trading partner European Union has been growing fast over the first nine months of the year but there were signs of slowdown due to the international financial crisis. Imports and exports between China and EU reached 3225 billion USD, ris...
Intel Capital, the chip giant's venture capital arm, yesterday made its first foray into the nation's clean technology sector, purchasing a $20 million stake in local solar energy firm Trony Solar Holdings Co Ltd. China's renewable energy industry is experiencing rapid development, said Cadol Cheung, managing director of Intel Capital Asia Pacific. We ...
US software outsourcing company CSC, one of the world's largest IT outsourcing firms, said yesterday it will launch a new delivery center in China as the global financial crisis may force more Western companies to outsource their business to the country. Michael Laphen, chairman and chief executive officer of CSC, said the financial turbulence would fo...
German companies hope to use Asia's largest power transmission control exhibition - PTC ASIA - this month to forge even stronger business ties with China. The world's second largest annual exhibition of its kind in the industry will serve as an important door to reaching the huge Chinese market for German companies at the end of the month, said Hartmut...
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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