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The president of the newly-established Commercial Aircraft Corporation of China Ltd (CACC) said its guiding principle of becoming an independent, competitive civil aircraft manufacturer will not affect the company's openness to international collaboration. We welcome foreign suppliers, and will purchase engines and other on-board systems and facilities...
Shanghai has favorable conditions to become an international financial center, said an official at a forum on Saturday. Shanghai was an Asian financial center in the history. Developing for 30 years after the reform and opening-up, it has maintained several advantages, said Wu Dingfu, chairman of the China Insurance Regulatory Commission at the first ...
EU has overtaken the U.S. as the largest export market of Fujian Province. According to Customs statistics, Fujian's exports to the United States is 2.549 billion U.S. dollars in the first quarter, a slight increase of 9.9% over the same period last year, and 13% lower than the average exports growth rate of the province in the same period. The rapid d...
China's first exported food identification tracing-down system - exported eel products identification tracing-down system has been established in Fujian Province. This system will soon be generally applied to the aquatic products, and extended to vegetables, meat, and other fields. Following the operation of the tracing-down system, an integral tracea...
China imported 103,200 vehicles in the first quarter this year, up 74.54 percent year on year, according to statistics from the China Association of Automobile Manufacturers (CAAM). Specifically, imports of luxury auto brands like Lexus, Mercedes-Benz, BMW, Volkswagen, Volvo and the latecomer Infiniti, grew a sharp 82 percent in the first quarter. ...
The government's priority has been to curb the skyrocketing trade surplus in formulating policies. But now that exports have indeed slowed down, more problems have surfaced and both industry and government bodies are worried. Chinese textile companies have been hit the hardest as many of them rely on exports for profits and the profit margin for most i...
Google Inc and Chinese software company Kingsoft have announced a co-branding initiative to tap China's booming online market by launching a Web-based dictionary. The new application, developed by the two firms, enables users to utilize Google's translation service on Kingsoft's popular English-Chinese dictionary software PowerWord, which has an estima...
Palo Alto, California: If you have a chunk of change stashed away (say, a few hundred million dollars) and are wondering how to emerge from the US economic downturn unscathed, Gavin Ni, founder and CEO of the Zero2IPO Group, and John Dean, the firm's chairman, would tell you to invest in the red-hot venture capital (VC) and private equity (PE) market in C...
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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