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Sep 19,2010

Subsidies for new energy vehicles are likely to be expanded to the manufacturing and usage sectors as the government releases preferential fiscal and taxation policies, said Xu Changming, head of information resource development at the State Informat...

Aug 26,2010

China's trade deficit with Southeast Asian nations ballooned to a record since the bilateral free trade agreement was put into force this year, sparking concerns that the agreement has become a catalyst for the trade deficit. Beijing doesn't seek a...

Jul 29,2010

China may make solar power as cheap as electricity produced from coal in about a decade as the country accelerates the development of cleaner energy to cut emissions. The country's solar-power tariffs may fall to between 0.6 yuan (9 cents) and 0.8 yu...

Jul 29,2010

China's Ministry of Commerce said it has approved Zhejiang Geely Holding Group Co's purchase of Ford Motor Co's Volvo Car unit, paving the way for completion of the $1.8 billion acquisition agreed by the two companies in March. The ministry signed of...

Jun 30,2010

China's top economic planner and ministries of commerce and finance said Tuesday the government would sell 100,000 tonnes of sugar from state reserves on July 6. The stocked sugar was to be sold via public auction with the base price set at 4,000 yua...

May 25,2010

Copper demand in China, the world's largest user of the metal used in pipes and wires, may gain as much as 12 percent this year and prices won't fall much further, according to Wanxiang Resources Co's chief analyst. "Consumption is still strong,...

May 25,2010

TOKYO: Astellas Pharma Inc, Japan's second - biggest drugmaker, will hire at least 300 sales employees in China as part of a plan to bolster global revenue by 17 percent in five years. Sales in China are projected to double by the year ending March 2...

May 25,2010

SHANGHAI - SAIC Motor Corp, China's largest domestic automaker, expects its first-half sales to increase to more than 1.65 million vehicles from 1.23 million a year earlier, President Chen Hong said. SAIC, which makes vehicles with General Motors Co ...

Apr 26,2010

BEIJING - China's Ministry of Commerce forecast Friday a 16 percent year on year increase in the country's retail sales for 2010 on a domestic economic recovery. An acceleration in urbanization will boost consumption and improvements in social welfar...

Apr 26,2010

The China Automotive Industry Climate Index set a new high of 105.8 points in the first quarter of this year, up 3.8 points from the fourth quarter of 2009. The index has been on the rise since it hit a record low in the first quarter of 2005. The ...

Apr 26,2010

The Chinese currency exchange rate has not been a top concern for US firms in China, Christian Murck, president of the American Chamber of Commerce in the People's Republic of China (AmCham-China), said Monday. "A singleminded focus on the yuan ...

Apr 26,2010

BEIJING: New data released Saturday reveal nearly 80 percent of Chinese entrepreneurs view rising costs of raw materials and labor as the biggest challenge for the future. Rising costs of raw materials and labor topped the list of challenges for Chin...

Mar 21,2010

China agreed to reopen its market to imports of US pork, ending a ban that went in place after the outbreak of the H1N1 flu last year, the US trade representative's office said. "This agreement is a win for America's pork producers, whose safe a...

Mar 21,2010

China is likely to see a trade deficit in March for the first time, Chinese Minister of Commerce Chen Deming said in Beijing Sunday. Chen made the remarks while delivering a speech at the China Development Forum 2010, running from Saturday to Monday,...

Feb 23,2010

China's net import volume of coal surged to 103 million tons in 2009, the first time for the country to become a net importer of its staple fuel, the Securities Daily reported today, citing statistics from the China National Energy Administration (NE...

Feb 21,2010

China exported 1.82 million tons of coal in January, down 50 percent year-on-year, the General Administration of Customs said on Wednesday. The number for exported coke is 40,000 tons, a 53 percent decrease. The amount of imported iron ore in the fi...

Feb 21,2010

South Korea plans to launch a joint research with China and Japan on the feasibility of a free trade agreement (FTA) among the three Northeast Asian countries, South Korea's foreign ministry said Wednesday. According to a report by the ministry, the ...

Feb 21,2010

The rate of decline for China's household appliance exports by value narrowed by 7.55 percentage points in the second half of 2009 compared with the first half, said the Ministry of Industry and Information Technology (MIIT) Sunday. Despite the nar...

Feb 21,2010

Some leading Chinese equipment makers that have gained an edge in the market are now stepping up efforts to improve the technology in order to fend off the effects of radical expansion in the wind power industry. Sinovel Wind Group Co, which has the ...

Feb 08,2010

China is to speed up restructuring in the steel sector, supporting the development of three to five major steel enterprises in an effort to address the long-standing problems of overcapacity and low industry concentration, the Securites Daily reporte...

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