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Gold price closes flat in Hong Kong 08/05/2014
by Chinaview.cnTopic: Economics
The gold price in Hong Kong closed flat with 11,980 HK dollars per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,297.58 U.S.dollars a troy ounce at the latest exchange rate of one U.S. dollar against 7.76 HK dollars.
Hong Kong stocks close 0.20 percent higher 08/05/2014
by Chinaview.cnTopic: Economics
Hong Kong stocks went up 48.18 points, or 0.20 percent, to close on Tuesday at 24,648.26 points, after the release of HSBC figures showing a rise in the city's manufacturing activity in July.

The benchmark Hang Seng Index traded between 24,494.09 and 24, 679.11. Turnover totaled 70.85 billion HK dollars (about 9.14 billion U.S.dollars).

The Hang Seng China Enterprises Ind ...Read More
China sets solar power target for 2014 08/05/2014
by Chinaview.cnTopic: Economics
China's central energy authority unveiled its photovoltaic (PV) development targets for 2014 on Tuesday, vowing to install 13 gigawatts of new PV power capacity this year.

Wu Xinxiong, head of the National Energy Administration (NEA), said China will strive to secure the target by supporting the development of distributed PV power generation.

The target is more ambitious ...Read More
Gold price closes flat in Hong Kong 05/26/2014
by Chinaview.cnTopic: Economics
The gold price in Hong Kong closed flat at 11,977 HK dollars per tael on Monday, according to the Chinese Gold and Silver Exchange Society.

The price is equivalent to 1,295.58 U.S. dollars a troy ounce at the latest exchange rate of 1 U.S. dollar against 7.76 HK dollars.
China's bank card issuance at 4.39 bln 05/26/2014
by Chinaview.cnTopic: Economics
Total bank cards issued by China's financial institutions reached 4.39 billion at the end of the first quarter, putting average per capita bank card ownership at 3.24, the latest data from the central bank showed on Monday.

In breakdown, debit card issuance amounted to 3.98 billion, and credit cards totaled 414 million, according to a report released by the People's Bank of Chin ...Read More
China's logistics growth further slows 05/26/2014
by Chinaview.cnTopic: Economics
 The growth of China's logistics industry continued to slow in the first four months of 2014 due to shrinking demand amid an economic slowdown, new data showed on Monday.

The total value of goods transported by logistics services increased 8.5 percent year on year to 64.2 trillion yuan (10.4 trillion U.S. dollars), according to the National Development and Reform Commission. ...Read More
China faces complex external economic environment 02/27/2014
by Chinaview.cnTopic: Economics
 China will face a complicated external economic environment this year, even though world economic growth momentum will be slightly stronger than 2013, the country's top statistics bureau said Thursday.

There will be continued divergence of growth rates in both developed and developing nations. Some developing countries will have weak growth momentum, the National Bureau of Sta ...Read More
Huawei, Optus conduct world-first Gigasite trial in Australia 02/27/2014
by Chinaview.cnTopic: Economics
Chinese telecom giant Huawei announced here on Friday that the company and Optus, Australia's second largest telecommunication company, have completed a world- first technology trial combining multiple mobile broadband technologies, hitting aggregate throughput of 2.3 Gbps for a single, live network mobile site.

The Gigasite trial combined Optus' spectrum assets across seven fre ...Read More
Growth in China, Europe support stable outlook for auto industry: Moody's 02/27/2014
by Chinaview.cnTopic: Economics
The outlook for global automobile manufactures remains stable, as the continuous market growth in China and the recovery in Western Europe will offset the ease of demand in some emerging market, said Moody's Investors Service in a report on Thursday.

"We revised our growth forecasts for global light vehicle sales to 3.2 percent in 2014, from 4.8 percent earlier, mainly because ...Read More
Chinese, European pharmaceutical companies strike 534-mln-dollar deal 10/23/2013
by Chinaview.cnTopic: Economics
An agreement amounting more than 500 million U.S. dollars between Greek- Swiss pharmaceutical and clinical research group Sellas Clinicals Holding and Chinese pharmaceutical conglomerate Fosun Pharma for the development and marketing of two drugs for treating diabetes and lung cancer was signed in Athens on Wednesday.

It is the first time that Greek and Chinese scientists and businessme ...Read More
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