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China to Maintain Strong Growth Despite Global Financial Turbulence

Source Xinhua 2008-04-08

China will continue its strong growth in the long term despite the global financial turbulence, World Bank President Robert Zoellick said Monday. Some Chinese stock markets have been hit by the turbulence and "China's economy will be likely to slow down a little bit," Zoellick said at a p...

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Experts say steel prices to stay high this year

Source Xinhuanet 2008-04-02

China's steel prices will continue to stay high this year, pushed up by booming demand and rising costs, say domestic industry experts. Steel prices still had room to expand, and the per-ton price would break the 1,000-U.S.-dollar threshold in the near future, Monday's China Securities Journal quot...

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China starts auto parts program for circular economy

Source Xinhuanet 2008-03-26

China last Friday started a pilot program to recover discarded auto parts as part of its efforts to achieve circular economy. The National Development and Reform Commission signed with three auto makers and 11 parts manufacturers letters of commitment on the pilot auto parts recovery program. ...

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New Energy in China

Source Xinhua 2008-03-18

China has announced a creation of a high-level body to integrate its energy management, supervision and policies, functions that are currently dispersed among many government agencies. The following is basic information about the use of clean and renewable forms of energy that China has been promot...

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China’s auto import, export down in Jan., but up over year earlier

Source Xinhua 2008-03-13

China's foreign trade in motor vehicles stood at 6.16 billion U.S. dollars in January, a bit lower than a month earlier, sources with the General Administration of Customs said on Wednesday. The total included 2.17 billion U.S. dollars in import value, down 23.27 percent from December 2007 but up 10...

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China has ‘made great progress’against fakes

Source Xinhua 2008-03-12

The anti-counterfeit cooperation between the European Union (EU) and China is making progress, European Commission (EC) President Jose Manuel Barroso has said. Speaking at the opening of the Global Anti-Counterfeit Summit on Monday, Barroso stressed the importance of cooperating with China in anti-...

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Feb Passenger Vehicle Sales Down in China from Month Ago

Source Xinhua 2008-03-12

China's sales of passenger vehicles went down in February on a monthly term, due largely to global price hikes for oil and extreme winter weather in southern part of the country. Sources with the China Association of Automobile Manufacturers said on Wednesday that February saw 488,900 passeng...

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Work on High-speed Rail to Start Soon

Source cri 2008-03-11

Work on the high-speed rail link between Beijing and Shanghai will start anytime soon, Shanghai Railway Administration director Wu Qiang said yesterday. The new line is expected to cut the travel time from 10 to 5 hours and strengthen the ties between the two major economic hubs of the Bohai Rim an...

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