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The 2008 China-Middle East Summit opened in Riyadh Monday, bringing together nearly 100 entrepreneurs mainly from China and Saudi Arabia to discuss key opportunities and challenges of the 'New Silk Road.' The summit was jointly sponsored by the Financial Times and Hong Kong-based First Eastern Investment Group. Chinese Ambassador to Saudi Arabia Yang ...
Almost 480 of the Fortune 500 companies have invested in China during the past 30 years, Du Ying, deputy minister in charge of the National Development and Reform Commission said here on Monday. From 1978 to 2007, China's total use of foreign investment exceeded 760 billion U.S. dollars, the largest amount among developing countries and the second lar...
Vietnam has planned to spend roughly 160 million U.S. dollars purchasing 3.5 billion kWh of electricity this year from China, local newspaper Vietnam News reported Monday. The Electricity Vietnam (EVN), the country's biggest electricity producer and sole distributor, will have to pay 4.5 U.S. cents for each imported kWh of electricity, and resell it t...
China's securities watchdog has decided to allow mainland fund management companies to set up branches and representative offices in Hong Kong as of Sunday to promote cooperation in the area of asset management. Fund companies must seek permission, however, before establishing any such branches, representative offices and subsidiaries, the China Secur...
The southwestern province of Yunnan exported 1,712 tons of cut flowers in the first quarter of 2008, up 19.5 percent year-on-year, a local customs official said. By value, exports rose 8.9 percent to 4.89 million U.S. dollars. The province's cut flower exports accounted for about one fifth of the national total, according to the official. Yunnan is th...
Asahi Breweries Ltd., Japan's largest beer producer, is targeting the Chinese milk products market with an all-around manner with its new milk factory being under construction in China's Shandong Province, company officials told Xinhua Saturday. A milk company, which has been building the factory, was established in Laiyang city, Shandong Province, in...
Taiwan computer giant ASUSTeK Computer Inc. (ASUS) has recently laid the foundation for a 3-billion-yuan (428.6 million U.S. dollars) factory in the Chinesemainland's Jiangxi Province. The factory in Ji'an city will produce copper wire yarn and computer accessories in the preliminary stage. It will produce mainboards and assemble notebook compute...
Figures from China Customs show pork export was halved in first two months in comparison with that in the same period last year. China exported 12,000 tons of fresh and frozen pork in January and February, down 55.2 percent from the same period last year. Export value declined 16.8 percent to 37.62 million U.S. dollars. Pork export began to slow d...
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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