industry

China needs to diversify its massive holding of foreign exchange reserves to prevent consistent devaluation amid volatile global economic conditions, a leading Chinese economist said on Tuesday. "The portfolio of China's foreign exchanges should be adjusted based on changing ...
China is capable of keeping inflation around 4 percent this year if the central government's policies are well implemented, China's former chief statistician said on Tuesday.
The Chile-Turkey Free Trade Agreement (FTA) became effective Tuesday, with 98 percent of bilateral trade now tax-free and the rest to follow suit within six years. It is Chile's 21st valid trade agreement described as a win-win deal, under which the South American country hopes ...
Colombian Foreign Minister Maria Angela Holguin on Tuesday said her country is looking for a commercial approach to increase its trade balance with several Asian countries. "Colombia must get closer to Asia. Now we are opening embassies in Indonesia, Turkey, United Arab Emirates. ...
China's Ministry of Commerce said Thursday it appreciated the European Union ending an investigation into Chinese wireless wide area networking (WWAN) modems. The decision, which was announced by the European Commission Thursday, sent positive signals and will boost the stable ...
China plans sweeping economic change, focusing on transforming the economic development model, to boost growth in a sustainable manner. The transformation is also the key goal of China's 12th Five-Year Plan (2011-2015), but Chinese and foreign experts said in interviews with ...
The global economy is now expanding after the profound crisis over the last three years, but the recovery is facing several major challenges and risks in the near term, said U.S. Treasury Secretary Timothy Geithner on Thursday. The world economy is advancing at different speeds ...
East Asia should wait no more for the opening of dialogues over the establishment of a free trade area (FTA) that will help facilitate the global economic recovery, a Chinese commerce official said here on Tuesday. Yu Jianhua, assistant commerce minister, said that the conditions ...
The U.S. stocks ended mixed on Thursday as oil prices eased after breaking the important psychological level of 100 dollars a barrel. Stocks have been under severe pressure this week as investor feared the unrest in Libya would spread to more countries in the region, especially ...
On March 24th, Chinese Vice Premier Zhang Dejiang, accompanied by CCPIT Vice Chairman Yu Ping and others, met with the Japanese Delegation led by Tadashi Okamura, Chairman of Japanese Chamber of Commerce (JCC) and advisor to Toshiba in Beijing. Zhang expressed that the Chinese ...
The Shanghai municipal government has announced details of property tax rates on Tuesday. The decision to impose the property tax was announced on Jan 27, in an effort to cool property prices in the Chinese economic hub. The rates have two slabs. The properties priced at or below ...
China and India will lead mergers and acquisitions (M&A) in metals and mining in 2011 after global deals rose 89 percent last year. That's as rivalry for commodities among the fastest-growing economies spurs prices, said Ernst & Young LLP. "The majors out of India and China will ...
On March 25th, CCPIT Vice Chairman Dong Songgen met with the Maltese Deputy Prime Minister and Foreign Minister Tonio Borg and attended the Seminar on Maltese Investment Opportunities co-hosted by CCPIT and the Maltese Embassy in Beijing.
On March 24th, CCPIT Vice Chairman Yu Ping met with Myron Brilliant, Senior Vice-President of U.S. Chamber of Commerce.
On March 23rd, China-Japan SMEs Development Forum co-hosted by CCPIT and the Japanese Chamber of Commerce (JCC) was concluded in Beijing.
On March 24th, China-Afghanistan Economic and Trade Investment Seminar was held in Beijing. The seminar was attended by Afghan President Hamid Karzai, CCPIT Vice Chairman Dong Songgen, Afghan Ambassador to China Sultan A Baheen and the Chinese Ambassador to Afghanistan Zheng ...
On March 22nd, CCPIT Vice Chairman Wang Jinzhen met with Alexander Shokhin, former Vice Prime Minister of Russia and the now President of Russian Union of Industrialists and Entrepreneurs.
Wang Xiaodong, Executive Vice Governor and Member of the Standing Committee of CPC of Guizhou Provincial Government, Zhou Yupeng, Deputy Director of the Standing Committee of Shanghai Municipal Government and Federica Busa, Head of Communication of BIE and Advisor to Secretary...
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Bill Gates talks nuclear
Bill Gates talks nuclear
Microsoft co-founder Bill Gates confirmed on Wednesday that he is ...
China offers inspirations to global dilemmas
China offers inspirations to global dilemmas
BEIJING, Jan. 22 (Xinhua) -- Policies of China's new leadership in the ...
Merck to put $1.5b in R&D
Merck to put $1.5b in R&D
Merck Sharp & Dohme (MSD), the world's second-largest drug producer by ...
IMF chief warns of risks to recovery
IMF chief warns of risks to recovery
DAVOS, Switzerland, Jan. 25 (Xinhua) -- The International Monetary ...
China's farm product pricing plan shifts to market orientation
China's farm product pricing plan shifts to market orientation
The Number One Document also proposed a new pricing plan for China's ...
Chinese investors look to overseas opportunities
Chinese investors look to overseas opportunities
SHANGHAI, Jan. 25 (Xinhua) -- China, the world's top manufacturer and ...
Retailer's Net Profit Falls 3%
Retailer's Net Profit Falls 3%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...
Gaming Firms Find Going Tough
Gaming Firms Find Going Tough
Employees demonstrate Sony Ericsson Mobile Communications' Xperia Play ...
Boeing Wins Biggest Order of US$26b
Boeing Wins Biggest Order of US$26b
A formation of nine Royal Air Force Red Arrows Hawk aircraft fly ...
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 ...
Lucrative golf industry lures stiff competition
Lucrative golf industry lures stiff competition
Two models stand beside golf equipment and bags at a recent golf ...
Li Na wins French Open women's singles title
Li Na wins French Open women's singles title
History-making tennis legend Li Na notched the first-ever grand slam ...