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Trade and Investment

China´s Q1 coal output increases 28%

China´s coal output grew 28 percent, year on year, to well over three-quarters of a billion tons in the first quarter, according to the National Bureau of Statistics.

China works toward balancing foreign trade

The goal of China´s foreign trade policy in 2010 was to improve its trade balance while maintaining steady export growth, said the Ministry of Commerce (MOC) spokesman Thursday.

Policy to benefit overseas investment

China´s top economic planner and Commerce Ministry have outlined the country´s amendments to overseas investment policies. The announcement was made at a news conference on Wednesday.

China to see frequent monthly trade deficits in 1st half of this year

According to a spokesman for the Ministry of Commerce, China will record more monthly trade deficits in the first half of this year. On Saturday, China reported a 7.2 billion US dollar trade deficit for March, the first since 2004.

US Chamber welcomes China move on investment

A US business group says it welcomes China´s plans to ease restrictions on foreign investment. The move is a sign that tensions over currency have not blocked progress on all trade issues between the two countries.

Expo commercial card launched

The Shanghai World Expo has launched a card allowing people to pay for purchases at businesses inside the park. The card will be further expanded for use in the whole country after expo is over.

17bln USD set for qualified foreign investors

China´s foreign exchange authority says that 17 billion US dollars worth of quota had been issued to 88 QFII, or qualified foreign institutional investors, by the end of the first quarter.

China to further support foreign investment as FDI surges

China will continue to support foreign investment, Vice Commerce Minister Ma Xiuhong pledged Wednesday as the government released figures showing a 7.7-percent year-on-year rise in foreign direct investment in the first quarter.

Phase 3 ECFA talks coming soon

A spokesperson for the State Council Taiwan Affairs Office says the mainland and Taiwan will work to accelerate the signing of the Economic Cooperation Framework Agreement or ECFA.

China´s FDI up 7.7% in Q1: official

Foreign direct investment (FDI) to China increased 7.7 percent year on year to 23.44 billion U.S. dollars in the first quarter, vice commerce minister Ma Xiuhong said here Wednesday.

China unveils new foreign investment rules

The State Council Information office says one of the main challenges now is to convert the large influx of foreign capital into long-term prosperity for the nation.

China´s FDI up 7.7% in Q1

Foreign direct investment (FDI) to China increased 7.7 percent year-on-year to $23.44 billion in the first quarter, vice commerce minister Ma Xiuhong said here Wednesday.

Small caps dip in volatile trading

Small-cap shares on the A-share market suffered their biggest loss in three months on Tuesday in volatile trade as profit-taking by investors led to capital outflows.

China bids for overseas investment

China is now targeting further foreign investment. A State Council paper advises on how to use investment from abroad. For the first time the paper encourages foreign ventures to list on the Chinese domestic stock market.

China´s "west delta" new magnet for overseas investment

The "west delta", the unofficial name for a planned economic zone in relatively less developed western China, is becoming a magnet for overseas investment thanks to policy incentives, low costs, a large, educated workforce and low competition.

China to impose anti-dumping duties on U.S., Russian steel

China decided to impose anti-dumping duties on oriented electrical steel imported from the United States and Russia from April 11, according to the Ministry of Commerce (MOC).

Margin trading leads short selling

Pilot operations for margin trading and short selling have been going on for seven working days. Investors are showing far more interest in margin trading than short selling. A combined 70 million yuan has been borrowed in the Shanghai and Shenzhen markets for margin trading. Only 120 thousand yuan worth of securities was borrowed for short selling. That reflects very positive investor sentiment on the upward trend of the stock market.

Macao to unveil trade, investment fair in October

The 15th Macao International Trade and Investment Fair (MIF) will be held on 21-24 in October this year, the government of Macao Special Administrative Region (SAR) announced on Monday.

Taiwan entrepreneurs upbeat on ECFA

Taiwan business delegates at this year´s BOAO Forum, are calling for the signing of the Economic Cooperation Framework Agreement, or ECFA. They believe the deal will enhance cross-strait economic ties.

SSF to more than double to $300 bln by 2015

At the Boao Forum for Asia, head of China´s National Social Security Fund says the fund will be more than doubled to 300-billion US dollars by 2015. The SSF is ready to buy into unlisted companies and invest more in private equity funds this year. The agency has invested 6 to 7 billion yuan in five local PE funds.