Archive for July, 2007
China-Africa Fund Starts with US$ 1 Billion
China Development Bank (CDB) has launched the China-Africa Development Fund, fulfilling a promise made by President Hu Jintao during a China-Africa summit last November. With an initial US$ 1 billion for its first phase, ... Read More
Two Mozambique Projects Undertaken by the Group Corporation finish
In July 20th the completion ceremony of Mozambique Quelimane water supply system and Licuari water disposal installation undertaken by the Eleventh Bureau held in Nikodala Water Supply Center. Mozambique President ... Read More
China Eximbank was awarded once again the Asia’s Best Export Credit Agency in Asia
Recently, Trade Finance, a world-renowned magazine, held the second award ceremony for Asia in Hong Kong, presenting a number of prizes including Asia’s Best Export Credit Agency, Best Trade Bank, Asia’s Best ... Read More
Oil refiners seek gasoline price hike
In response to another round of rising global crude prices, China’s top oil producers are considering seeking approval from the National Development and Reform Commission (NDRC) to increase prices of gasoline ... Read More
Hong Kong Targets Africa as a New Business Destination
The UN Development Programme announced today the successful conclusion to the forum highlighting Hong Kong’s role in Sino-African relations. Hong Kong is an emerging platform tightening the economic ties between ... Read More
Nation to levy tax on oil exports by foreign partners
Tax on oil exports Tax will be levied from August 1 on crude oil exports by foreign partners in offshore exploration joint ventures, the government said last Tuesday. But it will grant companies a five-year holiday from ... Read More
Scientists Say Climate Change Reducing Flow of Rivers
Climate change linked to the contraction of wetlands at the source of the country’s two longest rivers, the Yangtze and the Yellow, has reduced the volume of water flowing in them, scientists said. Scientists from ... Read More
Trade pact with Chile expected
China and Chile are expected to ink a free trade agreement (FTA) on investment and services next year, according to senior Chilean officials. “We expect the two sides to sign the agreement for the second phase of a ... Read More
Carbon challenge
China’s efforts to reduce greenhouse gas emissions are shifting, say experts, from a focus on easier targets to addressing the more challenging tasks. The country initially concentrated on controlling HFC23, a gas ... Read More
Eco-friendly opportunities at Asian carbon trade fair
The Carbon Forum Asia 2007 Trade Fair & Conference, a major platform for emissions trading, carbon reduction solutions and new technologies, will be held from November 6 to 7 at Suntec International Convention and ... Read More
Madagascar Invites More Investment from China
Madagascar, lying off the southeastern coast of Africa, is the fourth largest island in the world. Many rare species of flora and fauna inhabit the island, quite a few of which are hard to find elsewhere, hence the name ... Read More
Macao given wider access
The central government yesterday granted Macao-based companies larger access to the Chinese mainland market in 11 more industries by signing a new supplement to the Closer Economic Partnership Arrangement (CEPA) with the ... Read More
The Group Corporation Won the Bid One After Another Ethiopian Three Road Projects
Recently, the Group Corporation received one after another the written notices of three Ethiopian three road projects issued by Ethiopiam Road Bureau. The three road items are loaned by the World Bank, they are: ... Read More