Archive for April, 2009
China edges up on UNIDO’s rankings of industrial competitiveness
Singapore led the world in industrial competitiveness while China rose five places up from the 31st in 2000 to the 26th in 2005 in the rankings of the competitiveness industrial performance (CIP) index, according to the ... Read More
Commentary: Developed nations should take more responsibility in tackling climate change
Differences from different nations are still there when talking about the theme of climate change, Achim Steiner, executive director of the United Nations Environment Program (UNEP) said after a just-concluded summit of the ... Read More
China to be fairly represented in WB, IMF shares
World Bank President Robert Zoellick said here Sunday that he believes China and other rising economies will be “fairly and fully represented” in World Bank and the International Monetary Fund (IMF) ... Read More
Interview: Chinese FM makes five-point proposal to boost Mideast peace, development
During his Middle East tour, Chinese Foreign Minister Yang Jiechi on Sunday put out a five-point proposal to push forward the Middle East peace process and common development. Yang, who has visited Egypt, the Palestinian ... Read More
China of great help to Africa in fighting global financial crisis: Zambian minister
China is of great help to African countries in their efforts to deal with the current global financial crisis and the worst world economic downturn since the Great Depression in the 1930s, Zambian Minister of Finance Situmbeko ... Read More
Chinese naval frigate comes to escort released Filipino tanker in Somali waters
At the request of the Philippines, a Chinese naval frigate came to escort a Philippine-flagged chemical tanker which has just been released from pirates in Somali waters, according to the press office of China’s Ministry ... Read More
Sino-Arab trade ties to go beyond energy, resources
Business representatives from China and Arab countries expressed their will to expand trade cooperation during a forum that closed here Wednesday. Ahmed A. Goueli, Secretary-General of the Council of Arab Economic Unity, told ... Read More
Profits of China’s major oil companies rise as demand recovers
China’s top five oil companies saw profits up 13.2 percent in March from the same period a year ago, as stimulus package pushed up energy demand, according to a report released by the China Petroleum and Chemical Industry ... Read More
Profits of China’s major oil companies rise as demand recovers
China’s top five oil companies saw profits up 13.2 percent in March from the same period a year ago, as stimulus package pushed up energy demand, according to a report released by the China Petroleum and Chemical Industry ... Read More
China now 5th largest gold holder
China earned $82.5 billion from nearly $2 trillion in foreign exchange reserves last year, and is now the fifth largest holder of gold, the State Administration of Foreign Exchange (SAFE) said on Friday. Hu Xiaolian, head of ... Read More
Australia clears Minmetals plan to buy OZ
The Australian government has cleared China Minmetals’ $1.21 billion proposal to acquire the mining assets of OZ Minerals Ltd subject to certain conditions. Australia’s Federal Treasurer Wayne Swan approved the deal ... Read More
WB welcomes China’s investment in Africa
The World Bank said Friday it welcomes China’s investment in Africa, where capital and liquidity are in great demand as a result of the global financial crisis. With China’s capital surplus, how China spends this ... Read More
Textile Industry to Focus on Brand-Building, Higher Value-Added
China is aiming to develop around 100 domestic textile brands that can compete in the international market, which account for about 20 percent of the value of total textile exports. China’s three-year plan to revitalize its ... Read More