China’s major auto import customs center in Tianjin Municipality has reported a strong increase in auto imports this year.
Customs statistics show January imports to the port hit 24,000 vehicles with a total value of 820 million U.S. dollars. Both figures represented a year-on-year jump of 120 percent.
Tianjin’s customs handle about half of China’s total auto [...]
China would make efforts to import more liquefied natural gas (LNG) to cope with supply shortage, said head of China’s National Energy Administration (NEA) on Sunday.
Zhang Guobao, also vice-minister of the National Development and Reform Commission, made the statement at a press conference in Beijing.
China would speed up the building of LNG terminals, natural gas [...]
China will probably overtake Germany to become the world’s largest exporter though its exports in 2009 had fallen 13.9 percent from a year earlier, according to figures released Sunday by the General Administration of Customs (GAC).
But Chinese experts and officials said the country was far from being a real trade power if measured by exports [...]
Stopping importing from China may result in an increase in the U.S. trade imbalance, chief economist of the World Bank Justin Yifu Lin said during a speech here on Thursday.
Addressing the audience at a forum about the forecast and views of Chinese economy held at the New York Stock Exchange, Lin said the imbalance between [...]
A 1,833-km pipeline carrying natural gas from Central Asia to Urumqi, capital of northwest China’s Xinjiang, will take another 10 days to provide a stable supply, said a city official Wednesday.
“The pipeline’s pressure is still low, and we are unable to increase the supply,” said Wu Jianmin, of the municipal natural gas office.
As China’s first [...]
China is to ban both import and export of ractopamine and ractopamine hydrochloride, the country’s Ministry of Commerce and the General Administration of Customs announced Tuesday.
The ban is to take effect on Wednesday.
Ractopamine and ractopamine hydrochloride are stimulant drugs that are used as feed additives to promote leanness in pigs raised for their meat. Most [...]
