Archive for January, 2008

Sino-Iran 2007 trade volume exceeds US$20 bln

According to the latest statistics from Iran, the total trade volume between China and Iran exceeded US$20 billion in 2007, soaring more than 38% from the previous year.
In recent years, Iran raised exports of crude oil and construction materials to China, and it has seen growing imports of electronic products and auto components from China.

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Shanghai Notary Public Office launches new supervision service

The Shanghai Notary Public Office is introducing a capital supervision service to help ensure the security of second-hand property deals, a senior notary official told Shanghai Daily on Tuesday.
According to Zheng Jianjun, a senior notary with the office, local buyers and sellers of second-hand properties will be able to utilize the Office’s exclusively-designated bank account [...]

Sinopec plans to produce 42 mln tons of oil in 2008

China Petrochemical Corp (Sinopec Group), the nation’s top oil company, disclosed its production plan of 2008, told by National Development and Reform Commission (NDRC) yesterday.
Sinopec will produce 42 million tons of crude oil, 9 billion cubic meters of natural gas and 6.8 million tons of ethylene. Meanwhile it will process 178 million tons of crude [...]

Huawei, HP and PTCL to jointly launch network operating center

Huawei Technologies Pakistan, Pakistan Telecommunication Co., Ltd (PTCL) and Hewlett Packard (HP) inked an agreement to jointly launch their ‘Network Operation Center’ project, market sources reported.
This project would enhance the relationship between PTCL and Huawei, and enable HP to become an important partner in the transformation that had been initiated by PTCL, said Walid Irshaid, [...]

Standard Chartered to cooperate with China Eximbank

Standard Chartered Bank (China) announced on Tuesday that it has formed a global co-operation agreement with the Export-Import Bank of China (Eximbank), China’s state-owned policy bank focusing on trade, aiming to provide financial support for Chinese enterprises’ overseas expansion.

Tags: bank

Shanghai VW to launch Santana 4000 this year

Shanghai will launch its first own brand Model Y or Santana 4000 this year, Chinese media reported today.
Shanghai VW plans to launch five car models this year, the joint venture automaker announced last week. So far three models— Cross Polo, Santana Vista and Touran have already on sale in Chinese. The automaker plans to launch [...]

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