China’s retail sales rose 14.9 percent year-on-year to 2.12 trillion yuan (275 billion U.S. dollars) in the first quarter of this year, Li Xiaochao, spokesman with the National Bureau of Statistics, said on Thursday.
Li said at a press conference that the retail sales surged 15.3 percent in March, compared with 14.7 percent in the first [...]
A survey produced by the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) has said that while China has often been criticised for its trade surplus, its low-priced exports have actually helped hold down world inflation.
Between 2001 and 2005, the country’s exports helped reduce the annual inflation rate in the United [...]
The European Commission, the executive body of the European Union, has adopted a new strategy to seek market access in emerging economies, particularly China, relying on closer business cooperation and targeting non-tariff barriers.
The new Market Access Strategy was brought about by the change in the nature of barriers to trade, European Union’s Trade Commissioner Peter [...]
The central government will introduce stricter controls on fixed-asset investment as well as rein in growth of liquidity and trade surplus, a statement posted on the State Council’s website said Thurday.
The country’s overall economic and social development is sound but outstanding problems exist, concluded an executive conference that the State Council held on Wednesday to [...]
At a small Pittsburgh laboratory, Pennsylvania, workers assemble metal boxes connected to computers - devices used to measure the hydrogen-absorbing qualities of various materials.
The instruments, designed to help researchers study possible sources of hydrogen fuel for hybrid vehicles, carry a hefty price tag - about $100,000 (73,800 EUR) each. Advanced Materials Corp. has sold units [...]
Fortune Oil announces that China United Coalbed Methane Corporation Ltd (“CUCBMâ€), the Chinese Government agency responsible for the development of coal bed methane (“CBMâ€) projects in China, has formally reached agreement with Fortune Liulin Gas Company Limited (“FLGâ€) on the past costs incurred in the Liulin CBM block.
It has been finally agreed that US$2 [...]
