CHINESE consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US.1 billion) last year, an industry report shows.Hong Kong, the No. 1 market for Swiss watches, contributed 410 million Swiss francs to its global sales, followed by the United States with 190 million Swiss francs and the Chinese mainland with 160 million Swiss francs, the Federation of
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Luxury: Swiss watches clocking up record sales in China
Posted by admin (#1) 1 day 8 hours ago (http://www.mychinab2b.net)
CHINESE consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US.1 billion) last year, an industry report shows.Hong Kong, the No. 1 market for Swiss watches, contributed 410 million Swiss francs to its global sales, followed by the United States with 190 million Swiss francs and the Chinese mainland with 160 million Swiss francs, the Federation of
MANUFACTURING activities in China's state-owned enterprises continued to expand in January while the private sector reported shrinking activities, according to two separate surveys released today.
Their results, however, pointed to a stabilizing trend in the world's second-largest economy which remained a star performer last month amid slow economic growth worldwide, analysts said.
The offi
Their results, however, pointed to a stabilizing trend in the world's second-largest economy which remained a star performer last month amid slow economic growth worldwide, analysts said.
The offi
LIUZHOU City government has started to monitor the quality of its drinking water as water tainted by a mining firm at the upper reaches is floating closer towards the water source of the city.
Cadmium pollutants were detected in the Liujiang River near Liuzhou City of Guangxi Zhuang Autonomous Region yesterday afternoon, the city's environmental protection bureau said. Liuzhou City has a popul
Cadmium pollutants were detected in the Liujiang River near Liuzhou City of Guangxi Zhuang Autonomous Region yesterday afternoon, the city's environmental protection bureau said. Liuzhou City has a popul
Economy: Davos leaders focusing on China
Posted by admin (#1) 9 days ago (http://www.mychinab2b.net)
Fast forward to 2012 and business and economic leaders gathering in Davos have a more sober take on the Asian juggernaut, now seen as a source of hope and opportunity but also possible unpleasant surprises.The world's second-largest economy is still expected to grow this year at a pace that would make most of the world jealous, but concern that China may mismanage a soft landing gets mentioned in
CHINA'S US$410 billion sovereign wealth fund has bought a minority stake in Thames Water, a water and sewage company, in its first acquisition in the UK.
China Investment Corp said in a statement yesterday that it acquired an 8.68 percent stake in Thames Water through a wholly-owned unit. But CIC did not provide a value for the deal.
The CIC transaction followed a visit to Beijing earlier t
China Investment Corp said in a statement yesterday that it acquired an 8.68 percent stake in Thames Water through a wholly-owned unit. But CIC did not provide a value for the deal.
The CIC transaction followed a visit to Beijing earlier t
Railway transport specialist Liu Youmei said the new train is economical and safe. "It can be used for public transport in populous areas and at scenic spots with fragile environments," Liu told Xinhua.
Liu said China is one of a few countries that have applied maglev technology.
FDI registers another drop in Dec | Economy | chinadaily.com.cn
Posted by admin (#1) 16 days ago (http://www.chinadaily.com.cn)
Fragile world economic recovery and increasing labor costs blamed
BEIJING - Foreign direct investment (FDI) in China registered the sharpest year-on-year decline in December since August 2009, when the country was hit by the global financial crisis, the Ministry of Commerce said on Wednesday.
Officials and analysts attributed the slowdown to a fragile recovery for the world economy and incr
China's industrial output is expected to grow 8 percent annually during the remainder of the 12th Five-Year Plan (2011-15) period, down from 11.7 percent in 2011, the State Council said in its first medium- to long-term industrial restructuring and upgrading plan on Wednesday.
The Ministry of Industry and Information Technology said the deceleration was a sign that the central government would
