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Aviation market predicted to grow by 2014

China will emerge as the world's fastest-growing market for air travel by 2014, posing a major challenge for the country's air traffic management, according to the International Air Transport Association (IATA). Of the 800 million new travelers expected to fly by 2014, 360 ...

Tibet Airline to begin offering flights in July

China' s Tibet Airlines Company, the first airline based in southwestern Tibet Autonomous Region, will inaugurate its first flight in July, said the company on Monday. As the company' s first aircraft will be delivered in Hamburg, Germany on July 7, the company will then offer ...

Import taxes to be lowered

China is to cut import taxes on some products, including formula milk and cosmetics, as part of a series of reductions aimed at balancing international trade, the Nanfang Daily said Monday. The newspaper quoted an unidentified official with the State Administration of Taxation ...

China becomes biggest investor in Myanmar

China, building on its warm relations with Myanmar, has become the Southwest Asia country's largest foreign investor, a report said Monday. The Myanmar-language Weekly Eleven says that China poured more than $3 billion into Myanmar from November last year through January this ...

China eases tariffs to boost domestic consumption

China may reduce import duty and consumption tax on some products to avoid tax losses through "unusual import methods," China National Radio reported. The State Administration of Taxation plans to cancel the consumption tax for cosmetic products and abolish it for gold and ...

Stanley Lewis introduces SS11 collection of designer socks

Stanley Lewis men s socks are made in Italy by the world s most acclaimed sock maker. Each of these designer socks is created using colors and technology not previously seen. Stanley Lewis is renowned for his edgy designs and is first to go beyond traditional design codes with a ...

Ecolab uses breathable garment material to make Stackhouse

Ecolab Inc introduced the new Stackhouse Disposable Helmet System, a unique, fully disposable product that offers a clean, sterile helmet for medical staff performing surgical procedures. Invented by an orthopedic surgeon, the disposable helmet system is made with a breathable ...

U.S. overreacts to Chinese company's normal acquisition, experts say

Chinese and foreign experts said Saturday that the United States had overreacted to a 2-million-dollar deal of a Chinese hi-tech company's purchase of a U.S. company, and called to remove non-trade barriers between the two countries. Any technology-intensive corporation may ...

Yueda to invest in Taiwanese firms subsidiary

Tex-Ray Industrial Co. Ltd., a textile manufacturer based in Taiwan, recently said that China s Yueda Textile Group has taken a decision to become a stakeholder in the Taiwanese company s subsidiary in the Jiangsu Province. The company added that Yueda will hold 40 percent stake ...

GUESS opens North American flagship location on Fifth Avenue

GUESS open the doors to its largest flagship location in the world on February 17, 2011. The store is located at 575 Fifth Avenue at 47th Street in New York City. Situated in the heart of Fifth Avenue, one of the world's premier shopping areas, the GUESS store will add to the ...

BP to expand purified terephthalic acid operations in Zhuhai

BP plc confirmed that it is proceeding with its project for a major increase in purified terephthalic acid (PTA) production capacity at the BP Zhuhai Chemical Company Limited (BP Zhuhai) site in Guangdong Province, China, a JV between BP and Zhuhai Port Co., Ltd. (formerly named ...

Cross-Strait economic committee to convene first meeting in Taiwan

A cross-Strait economic cooperation committee will convene its first meeting on Feb. 22 in Taoyuan, Taiwan, said the mainland's Association for Relations Across the Taiwan Straits (ARATS) here Friday. Jiang Zengwei, the ARATS special advisor, will be the mainland's chief ...

China to crack down of fakes, improve quality of exports

China will further improve the quality standards of products made in China as well as the quality of goods made for export, and it ill step up efforts to crack down on fake exports to Africa, said Yao Jian, spokesman for the Chinese Ministry of Commerce, during the regular ...

IEA: Chinese national oil companies independent from gov't

Chinese national oil companies' investment activities around the world appear mainly to be driven by "commercial incentives" rather than government instructions, the International Energy Agency said in a report on Feb. 17. The IEA's report repudiated recent criticisms, which ...

China's airports rank among world's best 5

Airports in the Asia-Pacific region have swept all five top spots in a survey for the world's five best airports of high-quality of customer service. China registered a strong presence in the rankings, with Hong Kong International, Beijing Capital International and Shanghai ...

FTA prompts trade increase

New Zealand's Free Trade Agreement (FTA) with China has resulted in total trade between the countries jumping by more than a third in its first two years. "Since it has been in force, total trade between New Zealand and China has increased by more than a third, from NZ$8.5 ...

China calls for more US transparency

China hopes the United States will make the approval process for Chineseenterprises seeking to invest in the US more transparent, the spokesman for the Ministry of Commerce (MOFCOM) said Thursday. Yao Jian, the ministry spokesman, made the remarks during a news briefing when a ...

MOFCOM studies import tax cuts

The Ministry of Commerce has asked for opinions from other ministries about the idea of cutting import taxes on a range of goods, two sources said Thursday. One of the sources, an official who had seen a MOFCOM document sent out after the Lunar New Year holiday, said the ministry ...

FDI growth steadies in January

FOREIGN direct investment in China expanded steadily at the start of 2011, following more extreme growth rates toward the end of last year. However, analysts say the country should still be on the lookout for the inflow of speculative "hot money" which can lead to destabilizing ...

Nation boosts efforts to tackle trade surplus

China will increase efforts to expand imports this year to help balance trade, and to maintain the surplus-deficit ratio at below 3 percent of GDP on the nation's current account, said the Ministry of Commerce on Thursday. The General Administration of Customs said the trade ...
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Latest World News

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
DAVOS, Switzerland, Jan. 25 (Xinhua) -- Emerging economies are ...
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%
A Wal-Mart store is seen in Stratford, Connecticut, the United States. ...

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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