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China Industry Expo Opens in Myanmar's Yangon

A Chinese expo -- China Industry Expo (Myanmar) -- was inaugurated at the Tatmadaw Hall in Myanmar' s former capital of Yangon Wednesday to promote Chinese brands in the Myanmar market and bilateral economic and trade cooperation. Major-General Tin Ngwe from the Ministry of ...

China's November Power Consumption Climbs 5.36 Pct Year on Year

China's power consumption in November stood at 346 billion kilowatt-hours (kwh), up 5.36 percent year on year, according to a statement released Thursday by the National Energy Administration (NEA). This brought the country's total power consumption in the first 11 months to 3.83 ...

HK's Exports up 8.9% in October

Hong Kong's total exports of goods increased by 8.9 percent from a year earlier in October, said the Census and Statistics Department of the Hong Kong government on Thursday. In October 2010, the volume of Hong Kong's re-exports of goods increased by 9.0 percent over October 2009...

China Puts on Market Pork Reserves to Ensure Adequate Supplies

China has put on the market state pork reserves to stabilize prices and ensure adequate supplies during the upcoming New Year Festival, an unnamed official with the Ministry of Commerce said Friday. The government put on the market pork from 26 state reserves in 12 regions, ...

China's Lottery Sales for Nov. up 37%: Figures

China's lottery sales for November rose 36.9 percent year on year to 16.02 billion yuan (2.4 billion U.S. dollars), the Ministry of Finance (MOF) announced Monday. The November figure took sales of lottery tickets in the first 11 months of the year to 149.06 billion yuan, a year...

China Seeks to Add More Value to Domestic Products through Innovation

In the period of China's 11th Five-Year Plan (2006-2010), Chinese companies have been striving to raise the added value of their products by making independent technological innovations. Li Wei, vice president of the sugar producer, Xiwang Group in eastern China's Shandong ...

China Raises Gasoline, Diesel Prices

China will raise gasoline and diesel prices 310 yuan (about 46 U.S. dollars) per tonne and 300 yuan per tonne, respectively, beginning Wednesday, the National Development and Reform Commission(NDRC) announced Tuesday. The is the second increase in fuel prices in two months after ...

China's Fast Developing Service Industry Needs Further Boost: Report

China's service industry experienced rapid growth from 2006 to 2010, but it still lags behind the country's overall development, a work report on China's service industry has said. "Despite fast growth in the 11th five-year period, the overall development of our country's service ...

China's Booming Nuclear Power Industry Brings Opportunities for Domestic Firms

Hydropresses, cranes, planers, drills and lathes hum in the workshops of China First Heavy Industries in northeast China. Outside, snow piles up and leafless trees shiver in the cold. Over the past year, workers in China's largest heavy machinery company have been busy machining ...

China's Industrial Value-added Output Expected to Rise 15% in 2010: MIIT

China's industrial value-added output is expected to expand 15 percent year on year in 2010, according to the Ministry of Industry and Information Technology (MIIT), Saturday. The information came from a national meeting on industrial and information work held in Beijing. China's ...

China to Offer Overseas Tourists Tax Refund for Purchases in Hainan

Overseas tourists can from next year claim tax refunds of 11 percent of their purchases from certain shopping malls in south China's Hainan Province when leaving China there, a local official said Monday. The minimum purchase a tourist made at a shop within a day is 800 yuan (121 ...

China to Promote Auto Imports in Next Five Years: Official

China will actively promote auto imports over the next five years to help the country restructure and upgrade its auto industry, a Chinese official from the Ministry of Commerce (MOC) said Sunday. Qian Jingfen, an official in charge of imports at the MOC's Industrial Department, ...

China's Crude Oil Self-sufficiency 45 Pct in 2010, NDRC Expects

China's self-sufficiency in crude oil is expected to be 45 percent in 2010, the National Development and Reform Commission (NDRC), the nation's top economic planner, said Tuesday. The country imported 218 million tonnes of crude oil in the first 11 months, a rise of 19.8 percent ...

Chinese Software Industry Revenue in Nov. Surges 30.7 Pct

China's software industry revenue rose 30.7 percent year on year to 117.8 billion yuan (17.78 billion U.S. dollars) in November, the Ministry of Industry and Information Technology (MIIT) said Wednesday. The November figure took the software industry's revenue in the first 11 ...

China Continues to Enhance Regulating Property Market in 2011

China will enhance regulating its property market in 2011 and strengthen implementation of the tightening measures already unveiled by the government, a senior official said Wednesday. Jiang Weixin, minister of Housing and Urban-Rural Development, said at a national work ...

Chinese Company Gets Permission to Build Cement Factory in Suva

Fiji's Minister for Lands and Mineral Resources Netani Sukanaivalu on Thursday formalized a 99- year lease agreement for a Chinese cement factory to be set up in Veisari Lami outside Suva. Sukanaivalu told local media that the Tengy Cement Company Limited was given consent by the ...

China's Booming Home Service Sector to Create More Jobs: Official

The booming home service sector in China would "effectively" create more jobs in the coming years, said a official here Sunday. Cui Yu, director-general of the Department for Women's Development under the All-China Women's Federation, said China's aging society, with more than ...

China Completes 3rd Shaanxi-Beijing Natural Gas Pipeline

The third natural gas pipeline from northwestern China's Shaanxi Province to Beijing was completed Friday and will be put into use on Jan. 4, according to an official of the state-owned China National Petroleum Corp (CNPC). Zhao Yujian, head of the Pipeline Bureau of the CNPC, ...

Volume of Futures Contracts Traded on Chinese Exchanges Rises 45%

The number of futures contracts traded on Chinese exchanges rose 45.22 percent in 2010 compared with 2009, the China Futures Association (CFA) said Sunday. The volume of contracts traded on China's futures markets reached 3.13 billion contracts in 2010, the CFA said in an emailed ...

China to Boost IPR Protection, Overall Cooperation with EU

China will take further action to boost intellectual property rights (IPR) protection and improve its investment environment to shore up cooperation with the European Union (EU), a senior official said. The remarks were made by Vice Chairman of the National Development and Reform ...
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