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    <link>http://www.chinawhy.net/news/Article.asp?id=122</link>
    <title>As the Ocean freight Rises, Major Shipping Companies Raise the Price Substantially in March</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>2/20/2012 8:39:53 PM</pubDate>
    <description><![CDATA[
	Following last year&rsquo;s price war to compete for market share, container shipping companies are struggling to restore the freight rates.

	According to the 2011 operating results released by the shipping companies, following the high profits in 2010, shipping profits plunged in deep deficit. Therefore, in order to reverse the steep decline in price, all the shipping companies have introduced plans to restore the freight rates.

	In their view, the Asia-Europe line is crucial, but a wide gap between the price increases in various diff]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=121</link>
    <title>China’s Export of Christmas Products Saw Grave Slowdown</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>12/26/2011 2:04:59 AM</pubDate>
    <description><![CDATA[
	European debt crisis has generated a severe impact on toys and gift industry. At present the toy orders have dropped by 10%, the gift orders fell by20% -30 %. In some companies the percentage even decreased by 70 %.
	
	China is the largest producer and exporter of Christmas products. Many cities in Zhejiang provinces even rely on Christmas items export as one of the local pillar industries. With the spreading European debt crisis and the ongoing U.S. economic downturn, the domestic industry has also felt the Christmas chill. Although this ]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=120</link>
    <title>34 Departments Jointly Issued the 12th Five-Year Plan on Trade in Services</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>11/23/2011 11:17:44 PM</pubDate>
    <description><![CDATA[
	34 Departments Jointly Issued the 12th Five-Year Plan on Trade in Services

	The Plan stressed the need to develop trade in services so as to become a strong economy by 2015, with China&#39;s total import and export volume reaching 600 billion US dollars, achieving an annual growth of 10% .

	34 departments including the Ministry of Commerce and Development and Reform Commission recently jointly issued The Twelfth Five-Year Plan on Trade in Service. The Plan stressed the need to develop trade in services so as to become a strong economy ]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=119</link>
    <title>Canton Fair: ASEAN Products Vigorously Made Their Way into the Chinese Market</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>11/16/2011 4:46:57 AM</pubDate>
    <description><![CDATA[
	In trades between China and ASEAN Countries, ASEAN has always been in a surplus position. Chinese officials repeatedly said that their hopes are still up for more ASEAN products that are popular among Chinese people and enterprises to enter the Chinese market.
	
	Ever since the launching of the China - ASEAN Free Trade Area, the zero-tariff policy has been boosting the bilateral trade and economic to make rapid progress. It is learned that during the Canton Fair, known as the &quot;barometer and wind vane&rdquo; of the China&#39;s foreign ]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=118</link>
    <title>The Export of Traditional Chinese Medicine to EU Reduced Sharply by 50%</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>8/30/2011 6:10:26 AM</pubDate>
    <description><![CDATA[
	In June, the exports of Chinese patent medicine to the EU have reduced to half compared with the exports over the same period last year. By now, Chinese medicine companies have to swallow the bitter pill of their own making. They have to pay a dear price for wasting away the seven-year preparation period before the implementation of EU&rsquo;s new policy on herbal medicine
	
	The impact of EU&rsquo;s new herbal medicine policy, implemented on April 30 this year, begins to show on the export of traditional Chinese medicine. According to CHI]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=117</link>
    <title>Chinese Footware Enterprises Try out in Cross-Boarder RMB Trade Settlement</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>8/23/2011 6:02:04 AM</pubDate>
    <description><![CDATA[
	The pace with which one country&rsquo;s currency going global rests with the country&rsquo;s overall national strength and its multinational enterprises&rsquo; competitive edge. And apparently RMB cross-border trade settlement pilot program is a piece of touchstone of Chinese footwear industry.
	
	International experience shows that the pace of &ldquo;going global &ldquo;of a country&#39;s currency fundamentally depends on the country&#39;s overall national strength and the competitiveness of its multinational corporations. It is obvious t]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=116</link>
    <title>Chinese Suppliers: Orders Become Burden</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>8/4/2011 6:25:15 AM</pubDate>
    <description><![CDATA[
	In 2011, orders coming in flock could not upbeat exporting enterprises.
	
	Journalist of Half Month Talk found in an investigation that this year many companies showed hesitation and choosy when taking orders. They prefer short term order to long term one, and small-scale to big purchase. Even if purchasers provide higher offer, they would not like to take.
	
	Why did orders that used to be their favorites become hot potatoes? Experts believe that China&rsquo;s small and medium sized foreign trade companies are suffering from impacts of ]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=115</link>
    <title>China Import And Export Show Signs of Slowing Down</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/25/2011 10:57:52 PM</pubDate>
    <description><![CDATA[
	Zhong Shan, the vice minister of China&rsquo;s Ministry of Commerce (MOC), expressed that since this year, the foreign trade has kept an increasing trend yet the increasing speed is obviously falling back. Viewing from external point, the international trade environment is more complicated.
	&nbsp;&nbsp;&nbsp;
	Zhong Shan expressed on 17th that since this year, China&rsquo;s foreign trade has been kept in an increasing trend, but the increasing speed shows a declining trend. Situation of foreign trade in the next half year allows no optimi]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=114</link>
    <title>High Tax Cost Makes China’s Commodity Price Higher Than U.S</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/21/2011 5:43:39 AM</pubDate>
    <description><![CDATA[
	Before his trip to the U.S. last year, Shi Hanbing (a well-known financial reporter) had actually never thought of that China&rsquo;s commodity price can be even higher than that of the U.S.
	
	Before departure, a friend who had been to U.S. for many times reminded him: &quot;Just bring cash to America, for in the U.S everything is really cheap.&quot;
	
	Shi Hanbing was dubious about this advice.&nbsp; After all, it was him who always said &ldquo;American&rsquo;s per capita income is 34 times higher than that of Chinese people.&rdquo;
	]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=113</link>
    <title>China Will Lower Import Tariffs on Luxury Goods. Cosmetics, Tobacco and Liquor May Be on Top of the List</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/19/2011 10:33:00 PM</pubDate>
    <description><![CDATA[
	China will continue lowering its tariff on imported goods, including some of the medium and high end products such as cosmetics, luxury watches, etc, so as to increase the import of luxury goods and satisfy domestic demand. This marks the official confirmation of the rumor, which has been spreading widely for over a year, concerning the tariff cut on luxury products.
	
	Ministry of Commerce spokesman Yao Jian said on June 15th that China will cut its import tariffs to a further degree, including the tariff on some of the medium and high en]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=112</link>
    <title>China Customs: Import and Export Volume Exceeds 1700 Billion USD in first half of 2011</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/19/2011 12:07:24 AM</pubDate>
    <description><![CDATA[
	According to the General Administration of Customs of the People&rsquo;s Republic of China, from January to June, China&rsquo;s total volume of import and export had reached 1703.67 billion US dollar, 25.8% more than that of the corresponding period(similarly hereinafter )last year, of which the export volume was 874.3 billion US dollars, up by 24%, and the import volume was 829.27 billion US dollars. The accumulated surplus was 44.93 billion US dollars, narrowed by 18.2%.
	
	The custom statistics shows that total volume of import and expo]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=111</link>
    <title>Factory Refuse Orders Due to Power Shortage</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/19/2011 12:00:28 AM</pubDate>
    <description><![CDATA[
	
	Various methods are taken to deal with power shortage
	
	Electricity shortage spread nationwide. Guangdong didn&rsquo;t escape from it either. Days before, our journalist visited several manufacturers in Shenzheng, Dongguan and Foshan. Their feedback was that the ration of power supply 1-3 times a week have held back their production, output capacity decreased by 15% to 20%, they dare not take any offers right now.
	
	A related person of Industry and Information Commission of Guangdong Province (IICG) expressed that Guangdong is now i]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=110</link>
    <title>Qualified RE Export Companies To Be Shrink Down to 20 Next Year</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/17/2011 4:33:08 AM</pubDate>
    <description><![CDATA[
	The number of enterprises with export certifications of rare-earth (RE) has dropped to 32 currently from 47 in 2006, and it has a chance of further shrinking down next year.
	
	&ldquo;Probably under 20 with all pure RE trading companies being screened out leaving only entity enterprises.&rdquo; A reliable source revealed on November 5.
	
	Earlier news said that Ministry of Commerce (MOC) was adjusting the export policies on rare metals. And the export quotas saw a declining trend with extent of 2% to 3%. And the declining extent of expor]]></description>
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    <link>http://www.chinawhy.net/news/Article.asp?id=109</link>
    <title>China Cuts Its Import Tariffs on Refined Oil: Zero Tarrif</title>
    <author>ChinaWhy.Net</author>
    <category></category>
    <pubDate>7/16/2011 11:54:59 PM</pubDate>
    <description><![CDATA[
	According to a notification issued by Ministry of Finance, China will substantially reduce the import tariffs on gasoline, diesel, aviation kerosene and fuel oil, among which diesel and aviation kerosene will even be listed as zero-tariff. &nbsp;
	
	Ministry of Finance said the aim of the tariff cut is to further expand imports of advanced technology and equipment, key components, energy resources and raw materials, to strike a balance in foreign trade, to guarantee a steady operation of domestic economies, and to strengthen the constructi]]></description>
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