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DAVOS, Switzerland, Jan. 28 (Xinhua) -- A "revolution" is urgently needed in thinking and policy to bring about sustainable economic growth that can both protect the environment and raise living standards, the UN chief said on Friday. "We need a revolution. We need revolutionary change, revolutionary action. We need a free market revolution for global s...
DAVOS, Switzerland - All nations have an obligation to green economic recovery, said climate experts attending the World Economic Forum (WEF) annual meeting in Davos this week, Xinhua News Agency reported Saturday. This is the most important new norm the world should support to tackle the interconnected crisis caused by scarcity of water, food and energy,...
A policy of more trade and greater openness to the rest of the world has brought significant benefits to China and greater market opportunities to its trading partners, the head of the World Trade Organization says. "I don't think there is any question that China joining the WTO has been a very good thing for China and for the WTO and its members," WTO D...
BEIJING - The United States will probably allow huge business opportunities to go to European Union (EU) countries and Japan if it refuses to rescind controls on exports to China as soon as possible, according to Chinese government officials. The comments came at a monthly forum on China-US Economic Relations held by the China Center for International Ec...
BEIJING - China's fast rising labor costs are likely to affect the flow of foreign direct investment (FDI) and will make the country's labor-intensive manufacturing industry face more intense competition from other Asian economies, Nomura Securities said in a report. "For some labor-intensive manufacturers, China's wage level is no longer attractive. ...
DAVOS -- A policy of more trade and greater openness to the rest of the world has brought significant benefits to China and greater market opportunities to its trading partners, the head of the World Trade Organization says. "I don't think there is any question that China joining the WTO has been a very good thing for China and for the WTO and its member...
Consumers to gain as China fulfills promise to WTO: analyst BEIJING - China slashed its import tariff on some electronic products, such as laptops and digital cameras, by 50 percent, benefiting multinational companies, including Hewlett-Packard Co (HP) and Dell Inc, and stimulating their sales in the world's fastest-growing IT market. According to a ...
Beijing: China coal imports reach 164.83m tons in 2010, up 30.99% year on year and coal exports drop 15.03%, reported by a local media. The National Development and Reform Commission said Indonesia was the largest coal exporter to China, followed by Australia, Vietnam, Mongolia and Russia. The five accounted for 84% of the nation's coal imports. Coal ...
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