A Chinese business delegation led by Mr Luo Huining, Secretary of the Provincial Committee of the Communist Party of China of Qinghai Province, will pay a working visit to Vietnam to promote friendship ties and economic and commercial exchange between China's Qinghai Province with Vietnam's provinces and cities. On this occasion, the People's Government of Qinghai Province will organise a "Vietnam - China (Qinghai) Goods Exhibition" in Hanoi from October 28 to 31, 2013, with the participation of many Qinghai brand names specialised in winter fungus (ophiocordyceps sinensis), pharmaceuticals, textile, foods and drinks, and handicrafts. During the exhibition, the Vietnam Chamber of Commerce and Industry (VCCI) will collaborate with the Qinghai Provincial Department of Commerce to host a seminar entitled "Vietnam - China Trade and Tourism Promotion" to help enterprises of both sides to meet and exchange cooperation opportunities. In addition, to raise mutual understanding, the Department … [Read more...] about Intensifying Introduction for Goods Made by Vietnamese and Qinghai (China) Businesses
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Vietnam depends heavily on China textile, footwear material
Vietnam depends heavily on China textile, footwear material Tran Son By Tran Son - The Saigon Times Daily HCMC – The nation’s total textile and footwear material imports from China hit nearly US$888 million in January-September, up around 30.5% compared to the same period of last year. According to data of the Ministry of Industry and Trade, total apparel and footwear material imports amounted to over US$2.7 billion in the first nine months, of which China accounted for 32.5%. Many enterprises in the industry have expressed concerns about the country’s heavy dependence on China as a major supplier of material. In the coming time, Chinese companies are feared to take bigger profit and share in the value chain of the Vietnamese garment and textile industry. Many Chinese enterprises have expanded their business operations in the local market to take advantage of the Trans-Pacific Partnership (TPP) agreement over which Vietnam is in talks. Texhong Textile, Pacific … [Read more...] about Vietnam depends heavily on China textile, footwear material
China, Europe ink investment and trade deals
(VOVworld)-China and Europe have inked six investment and trade deals worth 270 million U.S.D at the ongoing Western China International Fair (WCIF) in the city of Chengdu in southwest China. Among the six deals signed, three investment projects totaling 190 million USD will provide funding for a Sino-French sewage treatment project, a Sichuan Mianyang Haosheng BMW engine project, and increased investment in Shell Oil Company gas stations. Three other trade projects worth a total of 80 million USD were signed. The same day, Foreign Ministry spokeswoman Hua Chunying announced that China and the European Union will hold their fourth High-Level Economic and Trade Dialogue on Thursday in Brussels. Chinese Vice Premier Ma Kai will co-chair the dialogue with Olli Rehn, European Commission Vice-President and European economic and monetary affairs commissioner, and EU trade commissioner Karel De Gucht. … [Read more...] about China, Europe ink investment and trade deals
China media regulator speaks out over reporter arrest
BEIJING - China's media regulator has vowed to protect "lawful reporting rights", state media said, in a rare official intervention over press freedom after a journalist was detained by police. Chen Yongzhou, a journalist with the New Express tabloid based in the southern city of Guangzhou, was held on Friday by police on "suspicion of damaging business reputation" after he wrote 15 articles on "financial problems" at Zoomlion, a partly state-owned construction machinery manufacturer. The New Express on Wednesday ran a full-page editorial on its front page to call for Chen's release, in a rare example of media defying authorities that drew an outpouring of sympathy and support online and among its press peers. China's General Administration of Press and Publication, Radio, Film and Television (GAPPRFT) said it was "highly concerned" by Chen's detention, the China Press and Publishing Journal, which is run by the agency, reported late Wednesday. The agency has "coordinated with … [Read more...] about China media regulator speaks out over reporter arrest
China school wall collapse kills two children
Two Chinese children were killed and another four injured after a wall at their primary school collapsed, reports said. Map showing China's Yunnan province where two Chinese children were killed and another four injured after a wall at their primary school collapsed, according to reports The victims, a girl named Wang Yuzhen and a boy named An Zhengguo, both 12, died as they were being taken to hospital in Linkou in Yunnan, according to yunnan.cn. The news portal, which is run by the southwestern province's government, added the other four victims, all fifth-graders at the school, were in stable condition with non-life-threatening injuries. It quoted a local resident saying the collapse on Wednesday could have been caused by pressure from large stacks of coal that had been piled up against the wall. Infrastructure problems have become a source of increasing concern in China, where the booming economy has spurred a wave of new construction but where corruption is … [Read more...] about China school wall collapse kills two children