Consumption replaced investments as the most powerful engine of China’s economic in 2007 for the first time in seven years, a senior official with the National Bureau of Statistics (NBS) said on Wednesday.
China’s gross domestic product (GDP) grew 11.4 percent year-on-year to 24.6619 trillion yuan (3.43 trillion U.S. dollars) in 2007. The 11.4 percent growth [...]
World leading iron ore provider BHP Billiton announced Wednesday it had signed a 10-year deal to supply China’s Baoshan Iron and Steel Co. (Baosteel) with an additional 94 million tons of iron ore.
The Anglo-Australia miner will supply 10 million tons of iron ore annually to China’s largest steel producer, up from 6 million tons under [...]
The Prudential was once one of the most famous and trusted brands in Britain. The ‘man from the Pru’ was a loved figurehead for the company. Recently the company’s image has been more than somewhat tarnished and its worth diminished on the stock market.
The Chinese company has raised £11bn in the country’s biggest share sale [...]
According to the China National Aero-Technology Import & Export Corporation two Xinzhou-60 passenger planes will soon fly to Bolivia and operate under a local air carrier.
Huang Bin, a vic e president of the company, said the Xinzhou-60 aircraft will be the first batch of China-made planes in commercial flights in South America.
Tags: aircraft, flights, port
Even the idea of industrial zones can be exported.
The National Development and Reform Commission (NDRC) has issued approval for the Suzhou Industrial Park in east China’s Jiangsu Province to build a special economic zone in Laos.
This will be built by the specially set up Suzhou Industrial Park Overseas Investment which will build a joint venture [...]
China’s foreign trade in electronic information products in 2007 rose 23.5% year-on-year to US$804.7 billion, according to official statistics.
However, the growth rate is 9.8% less than the same period last year.
Tags: Electronics, export, exports
