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Hong Kong's total goods export volume in May rose 8 percent, while goods import volume grew 11.4 percent, the Census and Statistics Department of the Hong Kong Special Administrative Region government said Thursday. Among the total, the re-exports volume rose 9.2 percent and the domestic export volume dropped 17.8 percent. The month saw a rise of ...
China's digital and online communities are the world's leading users of mobile communication, instant messaging (IM) and web 2.0 applications, according to a new report by the Boston Consulting Group (BCG). The report, entitled China's Digital Generations: The 570-Million-Hour Opportunity, analyzed the rapid surge in the use of digital services in Chin...
China Guodian Corp, the country's third largest power producer by installed capacity, has embarked on power projects costing 20 billion yuan in Ili Kazak autonomous prefecture. The company has signed an agreement with the local government, under which it plans to start a thermal power plant and a hydropower plant before 2010, said Liu Kemou, an officia...
A Mercedes-Benz displayed at an auto exhibition in Jinan, Shandong Province. Last week, three German luxury vehicle brands all announced record sales in the Chinese market, outpacing the growth rate of the overall passenger car market of 17.07 percent. Tang Lei has been busy during the first half of the year, but he is able to find time to enjoy his a...
The Taiwan authority on Thursday approved to relax restrictions on investment in the mainland by investors. The move drew wide applause in Taiwan business circles. Under the new regulations beginning on Aug. 1, institutional investment will be 60 percent of a company's net value. Individuals are now allowed to invest as much as 5 million U.S. dollars,...
The Canadian company Bombardier Aerospace has sealed a deal with China's Shenyang Aircraft Corporation (SAC) at the on-going Farnborough International Air Show. Under the contract signed on Tuesday, China's SAC, a subsidiary of the state-owned aviation industrial entity China Aviation Industry Corporation (AVIC I), will supply the center fuselage on t...
Chinese Huawei Technologies ( Bangladesh) Ltd. signed an agreement here Wednesday with Bangladesh University of Engineering and Technology (BUET) for setting up a wireless communication lab and training center in the university. According to Zhang Hui, chief representative of Huawei in Bangladesh, Huawei will donate 3 million U.S. dollars GSM equipmen...
Property price growth in China's major cities slowed down 1 percentage point in June from the previous month, the National Development and Reform Commission (NDRC) said yesterday. In a statement published on its website, the NDRC said property prices in China's 70 large and medium-sized cities rose 8.2 percent year-on-year in June, compared with 9.2 pe...
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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