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China's central bank announced on Thursday that it has authorized the Bank of China (BOC), one of China's big-four banks, to be the clearing bank for renminbi (RMB) business in Frankfurt.The work will be undertaken by the BOC Frankfurt Branch, the People's Bank of China (PBOC) said in a statement on its website.The PBOC made the decision in accorda......
BEIJING, March 13 (Xinhua) -- Chinese Premier Li Keqiang and his Polish counterpart Donald Tusk on Thursday discussed bilateral relations and the Ukraine issue.In a telephone conversation, Li said that China highly values its relations with Poland and would like to develop their strategic partnership based on the principle of equality and mut......
BEIJING, Jan. 24 (Xinhua) -- A preliminary ruling by the Ministry of Commerce on Friday said solar-grade polysilicon from the European Union (EU) has been dumped in the Chinese market.Solar-grade polysilicon from the EU was subsidized and as a result, imports of the product substantially impaired China's domestic sector during the period of probe, ......
China supports European integration, Wang said, noting that the government is committed to deepening the comprehensive strategic partnership between China and the EU.Focusing on promoting green growth and maintaining global security, the EU would like to increase cooperation in various fields with China, said Ashton, who is also Vice President of t......
With China's investment in Germany increasing at a rapid pace in recent years, the nation's top diplomat in the European country sought to assure that this would benefit rather than harm local economic and employment prospects.Shi Mingde, Chinese ambassador to Germany, said China is quickly sharpening its industrial competitiveness and rapidly narr......
BEIJING, Oct. 10 -- China welcomes the EU's approval of the British Hinkley nuclear plant, a spokesman said on Friday.The European Commission concluded on Wednesday that the 16-billion-pound (about $26 billion) Hinkley Point C power station is compatible with EU rules, after Britain agreed to significantly modify the financing plan."China sup......
The economic and trade relationship between China and Britain is growing ever closer thanks to the series of cooperation deals they have just signed, visiting Chinese Premier Li Keqiang said Tuesday.[Special coverage]Speaking at a gathering of Chinese and British business elite, Li told the some 600 attendants that during his official visit to Brit......
China and Greece know they can count on each other during difficult times and hold hands in building a prosperous future, a veteran Chinese diplomat told Xinhua prior to a landmark visit by China's premier to the Mediterranean country.[Special coverage]Du Qiwen, former Chinese ambassador to Greece who spent most of his diplomatic career weaving the......
Premier says relations with Italy could be frontline with EuropeWhen Marco Polo traveled to China in the 13th century, he spent months on the long journey. Seven hundred years later, China and Italy cut that journey to one-and-a-half days of paperwork.The time required for Chinese to apply for an Italian visa will be cut to 36 hours on July 1.The v......
China remained the leading investor and proponent of renewable energy in 2013, even as global investment fell sharply, according to a report.The Global Status Report, released on Wednesday by the Renewable Energy Policy Network for the 21st Century, said China invested more in renewable energy than all of Europe did in 2013.Although the renewables ......