The China Business Conference 2014

34 speakers will address 500 delegates on China in Transformation and Opportunities for Britain #ChBiz2014 On Tuesday 14 January 2014 in central London, 500 delegates will attend the China-Britain Business Council’s (CBBC) annual conference. Endorsed by the Prime Minister, this sold-out conference will look at China in Transformation and Opportunities for Britain. The China Business […]

Beijing to hold lottery for low-cost housing

Beijing’s plan to build low-cost housing for residential use has attracted wide attention since last month. Intended buyers can apply for the first batch of flats through a lottery by the end of this month, the Beijing News reports. The Beijing Municipal Commission of Housing and Urban-Rural Development unveiled its plan to supply 70,000 units […]

SCO members expected to ease Asia-Europe road transport

An agreement opening road transportation between Asia and Europe is expected to be signed at the upcoming 12th prime ministers’ meeting of the Shanghai Cooperation Organization (SCO) member states, a Chinese diplomat said on Wednesday. Vice Foreign Minister Cheng Guoping told a press conference that the agreement would create conditions for an Asia-Europe transport corridor […]

OECD revise up British economic growth

The Organization for Economic Cooperation and Development (OECD) on Tuesday sharply upgraded its growth forecast for Britain in 2013 and 2014, while revising down global economic growth estimates by a big margin. In its latest Economic Outlook report, the OECD said the British economy would grow by 1.4 percent this year and 2.4 percent in […]

Vice premier Wang Yang urges better business environment

Chinese Vice Premier Wang Yang said at a meeting on Tuesday that China will speed up construction of a modern market system. During the meeting with Chairman and Chief Executive Officer Scott Davis of United Parcel Service, Wang said China will build an open economic system, improve the environment for foreign investment, and actively push […]

Xi stresses innovation in revitalizing old industrial bases

Chinese President Xi Jinping recently stressed innovation-powered development in the revitalization of old industrial bases in northeast China and other regions. Xi, who is also general secretary of the Communist Party of China Central Committee, took an inspection tour to northeast China’s Liaoning Province from August 28 to August 31. During the tour, Xi underlined […]

China’s manufacturing sees hefty rebound in Aug.

China’s manufacturing sees hefty rebound in Aug.

China’s manufacturing sector saw a strong recovery in August, offering further signs that the world’s second-largest economy is moving out of the shadows of a protracted slowdown. The Purchasing Managers’ Index (PMI) for the manufacturing sector rose to 51.0 percent in August from 50.3 percent in July, marking the second monthly expansion in a row, […]

Azevedo takes office as WTO’s sixth director-general

Azevedo takes office as WTO’s sixth director-general

Brazilian diplomat Roberto Azevedo took the helm of the World Trade Organization (WTO) Sunday as the sixth director-general, announced the WTO. Azevedo was appointed to a four-year term by the organization’s General Council on May 14 after three rounds of selection, replacing Frenchman Pascal Lamy, who stepped down on Aug. 31 after two consecutive terms. […]

Northwest China to drive auto market growth

Northwest China to drive auto market growth

As China’s auto market slows after a decade of unprecedented growth, the country’s vast central and western regions are offering a new impetus to keep the boom rolling, industry watchers and insiders say. The northwest, in particular, is playing a more important role for the auto industry as recent sales growth there has far exceeded […]

Xinjiang’s foreign trade growth dips

Foreign trade growth in northwest China’s Xinjiang Uygur Autonomous Region has been slipping since June, according to statistics released by customs authorities in the regional capital of Urumqi. The region’s import-export volume totaled 12.53 billion U.S. dollars from January to July, up just 2.2 percent year on year. Exports during the period amounted to 10.94 […]

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