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Freight train makes history
A freight train waits to depart at Tianjin’s pilot free trade zone yesterday. Loaded with 104 containers of construction materials, it is the first China-Europe freight train to leave the Tianjin FTZ, and is set to arrive in Minsk, capital of Belarus, around December 4. The return trip will carry goods to China, including wood products from Belarus and surrounding countries. The freight service is set to expand to more European cities in the future. ...
November 22, 2016, Tuesday
Hebei ports booming
Cargo ships berthed in Qinhuangdao Port in Hebei Province yesterday. Ports of the province handled 778 million tons of goods during the first 10 months of the year, a year-on-year increase of 2.6 percent. ...
November 21, 2016, Monday
Rail spending boost
China’s top economic planner has approved spending of 194.58 billion yuan (US$28.3 billion) on five railway projects....
November 18, 2016, Friday
Tetra Pak fined for monopoly
THE State Administration for Industry and Commerce has fined packaging giant Tetra Pak 668 million yuan (US$97 million) for breaking anti-monopoly laws and abusing its monopolistic market position. Tetra ...
November 17, 2016, Thursday
Didi joins Avis to diversify services
Avis Budget Group, a US-based vehicle rental services group, is partnering Didi Chuxing to provide Chinese Didi users with car rental services in other countries as Didi diversifies its services and builds...
November 16, 2016, Wednesday
Hyundai to spin off firms to improve efficiency
South Korea’s Hyundai Heavy Industries said yesterday it will split its non-shipbuilding businesses into separate companies to improve management efficiency as the country’s shipyards undergo massive ...
November 16, 2016, Wednesday
Gwader-Kashgar trade route opens
A Pakistani Navy personnel stands guard beside a ship carrying containers during the opening of a trade project in Gwadar port, some 700 kilometers west of Karachi, on Sunday. China and Pakistan have launched a trade route linking Gwadar to the Chinese city of Kashgar as part of a joint multibillion-dollar project to jumpstart economic growth in the South Asian country. ...
November 15, 2016, Tuesday
Revenue gains 44.5% for couriers
China’s courier sector grew steadily for the first 10 months of the year, thanks to continued efforts to boost consumption and services, the State Post Bureau said yesterday. Revenue for couriers was ...
November 15, 2016, Tuesday
Air China launches major flight between Sydney and Chengdu
CHINA'S flag carrier Air China welcomed a major flight between Sydney and Chengdu, capital of southwest China's Sichuan province, on Saturday. An Airbus 330-200 plane flying Sydney's first direct route ...
November 12, 2016, Saturday
China, Russia reveal mock-up of long-haul jet
CHINA and Russia have taken a step closer to the joint development of a long-haul jet to challenge Boeing and Airbus, yesterday displaying a model of the unnamed plane that would compete with Western ...
November 3, 2016, Thursday
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