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BEIJING -- The commercial value of China's forestry products is expected to hit 2.4 trillion yuan ($364.74 billion) in 2011, according to the State Forestry Administration. The value of forestry industry output stood at 2 trillion yuan last year. Rosin, rattan and bamboo furniture, wooden floorboards, fried fruits and flowers contributed noticeably to ...
Singapore -- Bilateral economic relations between Singapore and China are strong, and as the world continues to recover from the global economic crisis, the bilateral trade has risen more than 25 percent to S$ 95.3 billion ($74.5 billion) in 2010, Singapore minister for trade and industry Lim Hng Kiang said here on Saturday. China is currently Singapore'...
China has no need to revalue its yuan currency for trade reasons, as export growth will slow to a still strong 10 percent this year and its surplus is set to contract by 2015, its trade chief said on Friday. Imports from the world's second largest economy will probably grow faster than exports this year, Commerce Minister Chen Deming said. Chen dismiss...
The Chinese mainland would support the government of the Hong Kong Special Administrative Region (SAR) in seeking an economic cooperation agreement with Taiwan, a mainland spokeswoman on Taiwan affairs said Wednesday. Fan Liqing, spokeswoman for the State Council's Taiwan Affairs Office, made the remarks at a press conference when a reporter asked her to...
China's top offshore oil and gas producer, CNOOC Ltd, has lifted its 2011 production target by up to 11 percent as new projects at home and overseas come on stream. CNOOC, with a market capitalization of about $105 billion, said in a statement on Thursday that it aimed to produce between 355 and 365 million barrels of oil equivalent (BOE), compared with ...
Japanese Prime Minister Naoto Kan's statement "welcoming" China overtaking his nation as the world's second-largest economy points to a positive and strong change in future China-Japan relations, according to analysts. Kan made the comment at the World Economic Forum in Davos, Switzerland, which he visited on Saturday to address the VIP gathering. In ...
DAVOS, Switzerland - Ten years ago when China laboriously won membership of the World Trade Organization (WTO), many were doubtful. Who would be the biggest losers, they asked, China, or the rest of the world? Looking back and reflecting on the debates on China's WTO entry during that time, the organization's chief Pascal Lamy disappointed the doubters....
China lowered the import tax on electrical products from 20 to 10 percent starting from January 27, 2011, the State Council Tariffs Commission announced on Thursday, Beijing News reported. Products with reduced import duties include computers and cameras, which means the tax on iPad imports drops from 1000 yuan ($152) to up to 500 yuan ($76). But video ...
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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