News

China tourism revenues up 10.7 pct in first half

China tourism revenues up 10.7 pct in first half

13.07.2013

Tourism industry raked in 1.4 trillion yuan (228 billion U.S. dollars) in revenues in the first six months of the year, up 10.7 percent year on year, according to official statistics.   ...
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China auto sales pick up in first half

China auto sales pick up in first half

11.07.2013

Automobile sales posted strong growth in the first half of the year, despite the country's lackluster economic performance, according to China Association of Automobile Manufacturing (CAAM) data on Wednesday.   Sales grew by 12.34 ...
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Xinhua launches English travel website

Xinhua launches English travel website

11.07.2013

The Xinhua News Agency has launched its first English language travel website, www.icrosschina.com, introducing China's natural scenery, history, culture and people to the world.   An increasing number of overseas tourists have visited ...
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China Insurer Buys London’s Lloyds Building for $388 Million

China Insurer Buys London’s Lloyds Building for $388 Million

08.07.2013

A Chinese insurance company has agreed to buy the Lloyd’s of London building, home of the Lloyd’s insurance market, for 260 million pounds (8 million) from a Commerz Real AG-managed fund, Bloomberg reported.   The ...
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China-Switzerland  signed free trade agreement

China-Switzerland signed free trade agreement

06.07.2013

A just-signed free trade agreement (FTA) between China and Switzerland sent the world a strong signal against trade protectionism and will serve as a positive example for China-Europe cooperation, Premier Li Keqiang said Saturday.   ...
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Moet toasts opening of first sparkling winery

Moet toasts opening of first sparkling winery

02.07.2013

Moet Hennessy, the wine and spirits unit owned by French luxury group LVMH, inaugurated China's first winery dedicated to the production of premium sparkling wine on Friday, in the Ningxia Hui autonomous region.   Domaine ...
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Bulgaria-Tianjin economic, trade forum held in Sofia

01.07.2013

More than 60 representatives from some 40 state-owned enterprises from the Chinese metropolis of Tianjin and 150 Bulgarian companies participated in a bilateral economic and trade forum here on Monday.   Addressing the event, Dragomir ...
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China launches anti-dumping probes into EU wine

China launches anti-dumping probes into EU wine

01.07.2013

The Ministry of Commerce (MOC) said Monday that it will conduct year-long anti-dumping investigations into wine imported from the EU, Xinhua agency reported.   The investigations were launched in response to an application from the ...
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440 bln credit line for building smart cities: ministry

440 bln credit line for building smart cities: ministry

12.04.2013

BEIJING, April 11 (Xinhua) -- Banks and investors promised a hefty credit line of at least 440 billion yuan (70.3 billion U.S. dollars) for China's "smart city" projects, according to the Ministry of ...
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Xi says China to sustain "relatively high" growth

Xi says China to sustain "relatively high" growth

09.04.2013

BOAO, April 8 (Xinhua) -- President Xi Jinping said Monday that the country will sustain "relatively high" economic growth but refrain from only seeking speed in growth. China's development is generally in good shape and ...
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