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Although affected by the international financial crisis, the imports and exports of China service trade in 2008 still kept its original increasing trend , but created the largest trade deficit since 1997. The latest data released by Ministry of Commerce shows, in 2008, the total amount of the imports and exports of China service trade(based on the caliber statistics of the international income and expense, excluding government service, similarly hereinafter) is USD 304.45 billion, which increased by 21.3% compared to last year, down 9.6 percentage points . Among that, the amounts of exports and imports are USD 146.45 billion and USD 158 billion separately, representing year-on-year growths of 20.4% and 22.2%, down 12.7 and 6.6 percentage points. |
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The maker of Tamiflu, the weapon at the heart of the fight against the H1N1 flu virus, says it is ramping up production of the drug. The drug has a main ingredient largely supplied by China. |
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Under the influences of global financial crisis, the prosperity of Chinese papermaking industry was rapid decline from the latter half of 2008 and to the bottom low in the fourth quarter of 2008. During November and December of 2008, many Chinese papermaking enterprises were lost as well as the price decline and the inventory increases. Besides, the trade protectionism in the international field gained ground, leading to fiercer competition in the papermaking industry. |
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The building and testing of a machine that can create super X-rays capable of exposing the complicated structures of chemical compounds and proteins has been completed at Shanghai Zhangjiang High-tech Park in Pudong New Area. |
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Cargo throughput at main ports across China was estimated to reach 500 million tonnes in April, down 1.9 percent from a year earlier. |
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China National Petroleum Company ( CNPC ) and Industrial & Commercial Bank of China ( ICBC ) concluded a strategic cooperation agreement on April 29th, which will reinforce the cooperation among the financial institutions under them. |
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Buyers from across China are on the alert as the countdown to two of the world's most important textile trade fairs begins. |
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It is learned that China UnionPay has made an important strategic adjustment, i.e. the online payment business promotion will be one of the priorities of this year’s jobs, and 2700 million in China's Internet online payment market is coming out. |
The net profit of the Industrial and Commercial Bank of China (ICBC) increased by 6.16% year on year, and of the China Construction Bank (CCB) and of the Bank of China (BC) respectively have a decrease of 18.25% and 14.40% comparing to the same period last year. Despite the revenue reduction, the CCB and the BC have made a better performance than their overseas counterparts in the global financial crisis. |
 A few days ago, Airbus (Tianjin), general manager of assembly Lu Shang said that since September 28 last year, China-EU cooperation Airbus (Tianjin) Company production assembly, the first A320 aircraft has now completed the painting o… |
 Urban daily life waste in china is mostly disposed by environment authorities. Environment authorities have to pay in every step from gathering , transportation to final disposal.
urban waste |
A local university student has decided to go into full-time duck farming after she graduates in June, having already found some success in farming ducks near her home in suburban Feng°?xian District.
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