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The central government announced yesterday that tax would be temporarily scrapped on the interest income from securities accounts of individual investors. The move, which follows the abolition of the 5 percent tax on interest income from bank deposits, is seen as yet another measure to shore up the sagging capital market. A joint statement issued ye...
Vietnam wants early opening of direct airline route and shipping routes to China's Yangpu port to cut trade costs. Vietnamese Prime Minister Nguyen Tan Dung made the remarks when he was visiting Yangpu in south China's island Province Hainan Monday afternoon. Established in 1992, the Yangpu economic development zone is about 40 kilometers north of...
A Chinese Foreign Ministry spokesman said in Beijing Tuesday that the Chinese government is willing to listen to complaints and find out what exactly are the problems relating to the U.S. recall of China-made cribs. China attaches high importance to product quality, especially to the quality of products relating to children, Qin Gang said in a reply t...
The first domestic Chinese Transnational Enterprises Ranking was released on October 24. Based on the rankings of foreign assets, the 18 Chinese transnational enterprises listed are as follows: CITIC Group, COSCO, China Architecture Engineering Group, China National Petroleum Corp, SNBJ, China Poly Group Cooperation, COOLC, Shougang Group, China Shipp...
Computer maker Dell Inc said it would continue its rapid growth in China in the years to come despite growing uncertainty due to the global economic crisis. Michael Dell, CEO and chairman of Dell Inc, said emerging markets, especially China, will continue to act as the most important engine for Dell's global business. IT spending in China is still a...
The 5th China-ASEAN (Association of Southeast Asian Nations) Expo opened here Wednesday to further cooperation in this region and will propose measures to deal with the financial crisis in the Western world. Chinese Vice Premier Wang Qishan attended the opening ceremony of the Expo in Nanning, capital city of the Guangxi Zhuang Autonomous Region in so...
More than 110,000 traders from home and abroad have gathered in Yiwu, a county in eastern Zhejiang Province, to attend the 2008 China Yiwu International Commodities Fair which opened here on Tuesday. Yiwu Mayor He Meihua said that about 17,000 traders came from more than 130 foreign countries and regions. The fair runs through Oct. 25. The fair ha...
China led the trade boom between Asian countries and the European Union (EU) over the last seven years, the EU's statistics bureau Eurostat announced Monday, four days ahead of an Asia-Europe summit in Beijing. Between 2000 and 2007, EU's trade with the 16 Asian countries taking part in the regular dialogue mechanism with it, or the Asia-Europe Meetin...
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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