Trade News

Digital waterway built for Yangtze River Sep 11, 2008

China's first digital waterway, the digital waterway in Nanliu section of Yangtze River, has been built successfully. It will lead Yangtze River waterway management and its external services into a digitization and information era. Starting at the river mouth of Cihu River on the boundary of Jiangsu Province and Anhui Province and ending at the ri...

European companies expect more business in China Sep 11, 2008

European companies are generally optimistic about their business in China thanks to the strong economic growth and positive progresses on the business environment. Trade imbalance, albeit still continuing, is not a big problem. But wider market access and more transparency is top on their wish list now. And they are seeking for more opportunity of engagem...

China trade surplus down 6.2% in Jan.-Aug. period Sep 11, 2008

China's trade surplus fell to 151.99 billion U.S. dollars in the first eight months, down 6.2 percent year on year, the General Administration of Customs said on Wednesday. Source:Xinhua  

China trade surplus jumps 15% in August Sep 11, 2008

China's trade surplus in August rose 14.9 percent from a year earlier, as imports growth decelerated sharply on lower commodities prices The surplus last month was 28.69 billion U.S. dollars, posting gains for the second month in a row. The figure was 25.28 billion U.S. dollars in July and 24.97 billion dollars last August. Exports in August jumpe...

Shanghai World Expo launches one-stop services Sep 11, 2008

The exhibiter service hall set up by the organizer of the World Exposition Shanghai China 2010 has been put into use recently. Meanwhile, the first batch of 22 one-stop management and services were launched. Sixteen related departments including Shanghai Customs will provide one-stop services on visa, residence permit, policy consultation on customs a...

China to begin Sunset Review of antidumping duties on imported SBR Sep 10, 2008

China's Ministry of Commerce announced on Monday it would initiate on Tuesday the Sunset Review of anti-dumping duties on Styrene Butadiene Rubber (SBR) originating in or exported from Russia, Japan and the Republic of Korea (ROK). The ministry would not cease imposing anti-dumping duties on these products until the review ended on Sept. 9, 2009, said...

U.S. Fed Expected to Hold Steady on Rates: reports Sep 10, 2008

The U.S. government's takeover of Fannie Mae and Freddie Mac won't change the Federal Reserve's current course of interest-rate policy, The Wall Street Journal reported Tuesday. Amid a nagging credit storm and improved inflation backdrop, the Fed looks increasingly likely to keep its benchmark interest rate unchanged at 2 percent into next year, said ...

Draft Rule Set to Limit Packaging Sep 10, 2008

Products with more than three layers of packaging or those that occupy less than 45 percent of package space will be banned if a draft regulation is passed as law. Such products can neither be produced nor sold in the country, says the draft, put up for public hearing yesterday. The packaging cost should not exceed 15 percent of the product's price,...

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