Archive for the ‘Business’ Category

China has invested $ 40 billion to Africa

For all the time of cooperation until the end of 2010, Chinese government and the companies have invested a total of $ 40 billion in various projects in 50 African countries and regions. The funds were directed to more than 2000 enterprises. China has become Africa’s main trading partner.

China will become the second international aviation market

The next 20 years the Republic of China will need five thousand aircrafts worth up to $ 600 billion. Thus, by 2030 China will become the second largest aviation market in the world. This is the forecast of experts from American Aircraft Corporation Boeing.

China takes the first place in the growth of investment in the U.S.

Until 2010, China has invested to $ 6 billion in the economy of the United States of America. China ranked first in investment growth in the U.S. economy. According to the representative of U.S. Department of Commerce Barry Johnson at the China International Trade and Investment Fair in Xiamen, from 2005 to 2010 the volume [...]

Tax collection in China in 2010 grew by more than 20 percent

BEIJING, January 10 – RIA Novosti, Vasily Kashin. Tax collection in China in 2010 grew by 20,8% and amounted to 6.686 trillion yuans (1.1 trillion U.S. dollars), as stated by the State Tax Administration of China. Import duties for the same period increased by 35,9% – up to 1.053 trillion yuans (160 billion dollars). Tax [...]