Indonesia on Wednesday opened its 25th trade expo to promote non-oil and gas products, MetroTV reported in a live event. Trade Minister Mari Elka Pengestu in her opening speech said that the Trade Expo Indonesia (TEI) has a strategic function in elevating national branding. "Now, we raise theme of 'Remarkable Indonesia', to show that we are not on...
THE value of China's import and export totalled US$1,875.58 billion, up 40 per cent year on year from January to August, according to the Ministry of Commerce. The export value rose 35.5 per cent to $989.74 billion and the import value 45.5 per cent to US$885.84 billion. In August, the total value of China's exports and imports reached $258.5 bill...
BEIJING - China's imported auto market continues to flourish with sales of 460,000 in the first seven months of this year. It represents a growth rate of 150 percent compared with the same period of last year. "Imported cars are no longer a poor relation of domestic cars in the Chinese market but form a sector that is developing rapidly with its own st...
BEIJING - China is expected to lead in global patent activities by 2011, with significant rises in both the quality and quantity of patents, a Thomson Reuters analysis on intellectual property (IP) showed. The report, published on Oct 11 by the IP Solutions business of the world's leading information source for businesses and professionals, said based ...
HEFEI - An agreement to explore and develop an Australian coal project was signed Saturday by China Coal Geology Engineering Corporation (CCGEGC) and Wanbei Coal-Electricity Group Co in Hefei, capital of East China's Anhui province. The partners will carry out a five-year exploration and development venture in the Wallumbilla exploration block, which c...
Aluminum imports by China, the world's largest producer, may increase more than 25 times by 2015 as surging local demand outpaces growth in output, Bloomberg repoted on Oct 12. China's demand may gain 12.9 percent a year from 2011 to 2015, outpacing annual output growth of 9.8 percent, Bloomberg said, citing the report from research group Harbor Intel...
China will allow the two largest State-owned grains and oilseeds trading companies to import soybean oil from Argentina, easing restrictions imposed in April, Bloomberg reported on Oct 12 quoting two traders with direct knowledge of the matter. Beijing-based COFCO Ltd, China's biggest grain trader, and China Grain Reserves Corp have been cleared by the...
Russia had recently sealed a framework agreement with China to develop hydropower, the country's independent energy company EuroSibEnergo said late Monday. The deal was signed by Cao Guangjing, chairman of China Yangtze Power, the largest listed hydropower producer in China, and EuroSibEnergo chairman Andrey Likhachev. The two companies preliminari...
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