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XINJIANG plans to pour CNY30 billion (US$4.6 billion) on civil aviation industry during the next five years from 2011 to 2015, 350 per cent more than the sum in the earlier five years from 2006 to 2010, Xinhua reports. Xinjiang is to build four new airports, redevelop and expand six airports with the investment. By the end of 2015, the region will have 2...
PARIS area logistics provider Geodis Group has announced an operating profit of EUR35.1 million (US$48.24 million) for 2010, an increase of EUR75.4 million drawn on revenues EUR6.56 billion a jump of 31.1 per cent year on year. The result, which erases EUR40.3 million 2009 loss, was attributed to business growth and cost-cutting. A statement from the c...
China's energy consumption per 10,000 yuan ($1,520) of gross domestic product went down 4.01 percent year-on-year in 2010, said the National Bureau of Statistics Monday. (Source:http://www.chinadaily.com.cn)
China Monday said its trade deficit of cultural products and services have been gradually shrinking in recent years. Sun Zhijun, deputy head of Publicity Department of the Communist Party of China (CPC) Central Committee, told a press conference that the country's films reaped 3.5 billion yuan ($532 million) at overseas box offices last year. Compa...
China's holdings of long-term US Treasury securities totaled $1.16 trillion at the end of December 2010, according to an annual revision report released by the US Treasury Department on Monday. The figure was an increase of $268.5 billion, or 30 percent from an estimate the government reported on Feb 15. The US Treasury made the change to its month...
BEIJING - China launched a litigation proceeding under the World Trade Organization (WTO) against the United States on Monday, urging the latter to remove what it says is an unfair method of calculating anti-dumping tariffs on warmwater shrimp exported from China. "If the WTO's final ruling is in China's favor then the tariff rate imposed by the US on...
The European Union (EU) will discuss cutting interest rates on loans offered to Ireland as the bloc seeks a comprehensive package to deal with the debt crisis, a top EU official said on Monday. "Pricing policy, I am referring to the interest rates, is one key issue here which will be discussed in the context of the comprehensive strategy of the European U...
U.S. real gross domestic product (GDP) is expected to grow faster than previously estimated as demand from consumers, businesses and other countries picks up, according to a survey released Monday by U.S. National Association for Business Economics (NABE). The NABE said that U.S. economy would grow 3.3 percent year-on- year in 2011, up from the previous p...
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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