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Guangzhou port cargo throughput up 12% in 1H

China's Guangzhou port reported a cargo throughput of 201 million tonnes in the first half, up 11.7 percent from a year earlier. The major port handled 6.07 million twenty-foot equivalent units (TEU) of containers, up 16.8 percent from a year ago, the Guangzhou Port Authority ...

Auto subsidy fuels consumption by 20.5 bln yuan in 1H

China's auto replacement policy has boosted domestic auto spending by 20.5 billion yuan (US$3 billion) in the first half of the year, said the Ministry of Commerce (MOC) Friday in an online statement. Relevant departments had handed-out 2.4 billion yuan in subsidies that had ...

France upset by WTO delay in Boeing subsidies case

France ministers on Thursday expressed great disappointment over a delay of the World Trade Organization (WTO)'s decision on unfair US subsidies to aircraft maker Boeing. The French Economy Minister Christine Lagarde and State Secretary for Transport Dominique Bussereau both said ...

AVIC fund seeks to raise aviation industry

Aviation Industry Corp of China has set up the country's first aviation fund with China Construction Bank to boost the domestic aviation industry. The AVIC Fund of China aims to raise 5 billion yuan (US$737 million) in the first phase and a total of 20 billion yuan eventually, ...

Business aviation center starts at Hongqiao airport

A team of Shanghai government agencies has approved the first business aviation center on the Chinese mainland to start official operations at the city's Hongqiao International Airport. The Shanghai Municipal Office of Port Service, Shanghai Customs and Shanghai Entry-Exit ...

Mental depression cause of death for aviation official

Mental depression is to blame for the death of a senior Chinese civil aviation official who committed suicide last week, a source close to the aviation industry revealed Tuesday. The official, Liu Yajun, chief of Central and Southern Regional Administration (CSRA) of Civil ...

Commission clears way for Chinese JV

The European Commission has cleared the way under the European Union (EU) Merger Regulation for the acquisition of a stake in Air China Cargo, a wholly-owned subsidiary of Air China, by Hong Kong-based Cathay Pacific Airways. On May 10, the commission announced having received a ...

Air ticket commissions to be phased out

Direct sales from major airlines is expanding rapidly, pushing ticket agents to rethink their strategies. Lufthansa and Swiss Air will lower their commission from 3 percent to 1 percent for ticket sales on international itineraries effective August 1st. All Nippon Airways, China ...

China opens longest domestic flight from Guangdong to Xinjiang

China Southern Airlines Sunday opened a direct route from Guangdong Province in the south to far west Xinjiang Uygur Autonomous Region, making it the country's longest domestic flight. An Airbus A330 from Guangzhou, capital of Guangdong, arrived at 2:10 p.m. Sunday at the Kashgar ...

Tianjin Port to become largest home port in Asia for cruise liners

Asia' s largest and northern China' s first home port, Tianjin International Cruise Home Port made its debut Saturday, welcoming the Italy-based cruise ship Costa Romantica. The Costa Romantica has scheduled 10 cruises to depart from Tianjin Port from June 26 to Aug.19, offering ...

Chinese company completes 1st berth of Egyptian port

The first berth of the second phase project of Egypt's Port Said East Container Terminal has been completed, the Chinese builder said Wednesday. The delivery of the first berth as scheduled shows the construction has been going well, said Gao Hongbin, the manager of China Harbor ...

Airbus speeds up production in Tianjin

Airbus's assembly plant in north China's Tianjin Municipality plans to roll out 48 A320 aircraft in 2012, nearly doubling its current production capacity, said senior executives of the joint venture Wednesday. "The assembly line in Tianjin is well on track, and the company is ...

Chinese firm to produce low-carbon subway trains for India

A Chinese manufacturer has won a deal to produce five environment-friendly subway trains for India, the company's spokesman said Tuesday. Zhuzhou Electric Locomotive Co., Ltd., of China South Locomotive and Rolling Stock Corporation Limited (CSR), China's main rail vehicles ...

Cathay Pacific to cut fuel surcharges for July

Hong Kong's Civil Aviation Department approved Tuesday a reduction of passenger fuel surcharges levied by Cathay Pacific and Singapore Airlines for July. The maximum fuel surcharge for short-haul flights will fall 5 percent to 105 HK dollars while that for long-haul flights will ...

Stronger yuan to pep up domestic air carriers

Airline shares surged on the Shanghai Stock Exchange on Monday, on anticipation that their US-dollar-denominated overseas debts would shrink considerably after the central bank signaled an end to the currency's peg to the dollar. The People's Bank of China indicated during the ...

Airlines boost Strait ties with reduction in fares

Airlines across the Taiwan Strait have agreed to reduce prices of air tickets by 10 percent to 15 percent to boost exchanges between the Chinese mainland and Taiwan, a Chinese minister said Sunday. "In order to enhance the exchanges between the two sides, the aviation regulator ...

CAAC pushes more air routes to Urumqi

The Civil Aviation Administration of China (CAAC) called for more flights to the Xinjiang Uyghur Autonomous Region, an announcement that follows massive expansion of investment in the majority Muslim area. Industry analysts, however, expressed concerns over the economic ...

Finnair to compensate on volcano ash cloud

Finnish flagship carrier Finnair will compensate passengers whose flights were cancelled due to volcanic ash from Iceland this spring, according to a statement released by the company Friday. Finnair's flights were cancelled for days due to the ash cloud from Iceland in April. ...

Chinese shipbuilders almost double output

Chinese shipbuilders almost doubled production in the first five months of the year with output surging 94 percent year on year to 23.65 million deadweight tonnages, the Ministry of Industry and Information Technology (MIIT) said Thursday. About 81 percent of the vessels built in ...

New flight between Taipei, Shanghai in operation

The first plane of a new cross-Strait air route took off from Taipei's Songshan Airport Monday morning, heading towards Shanghai's Hongqiao Airport. The new direct flight route will effectively shorten the travel time between the two major cities across the Strait as the two ...
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china

Xi Jinping to lead national security commission
Xi Jinping to lead national security commission
The Political Bureau of the CPC Central Committee has decided that ...
China's reform leading group holds first meeting
China's reform leading group holds first meeting
BEIJING, Jan. 22 (Xinhua) -- China's leading group for overall reform ...
Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...

world

market

Xinhua Insight: Emerging economies able to secure steady growth
Xinhua Insight: Emerging economies able to secure steady growth
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China cuts retail oil prices
China cuts retail oil prices
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IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...

finance

company

Shell companies struggle to stay listed
Shell companies struggle to stay listed
China is planning to clamp down on back door listings. A back door ...
HK Disneyland Gets Toy Story Land
HK Disneyland Gets Toy Story Land
A general view of Toy Story Land at Hong Kong Disneyland is taken ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
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industry

sports

Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualifies for FIFA U-20 women's World Cup
Ghana qualified for the 2014 FIFA U-20 women's World Cup following a 4...
Stars 'Big Three' fall short of title in 1st year
Stars 'Big Three' fall short of title in 1st year
Miami Heat's LeBron James (R) stands with teammates Chris Bosh (C) and ...
Yao's gift of sport for all
Yao's gift of sport for all
Chinese NBA player Yao Ming teaches a boy with special needs how to ...
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