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Monthly Archives: January 2015

Ministry confident of stable trade growth in 2015

The Ministry of Commerce (MOC) is confident of maintaining “moderately stable” growth in foreign trade in 2015, it was announced on Wednesday. MOC spokesman Shen Danyang cited the poor worldwide recovery, downward pressure on the domestic economy, rising corporate costs and an uncertain geo-political environment as challenges for sustaining trade...
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High-speed rail corridor in west China to link north with south

China is planning a new high-speed railway linking Baotou, a city in North China’s Inner Mongolia autonomous region, with Haikou, in South China’s Hainan province, to provide a fast link across China’s western region, the National Business Daily reported on Tuesday. The railway, with trains running an average of 350...
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Xi’s book on Chinese Dream presented in Bulgaria

Photo taken on Jan 19, 2015 shows the Bulgarian version of Chinese President Xi Jinping’s book “The Chinese Dream of the Great Rejuvenation of the Chinese Nation” in Sofia, capital of Bulgaria. The book consists of 146 expositions from Xi Jinping’s more than 50 documents between Nov 15, 2012 and...
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Sozopol in the TOP 3 tourism spots in the world

Bulgaria’s Black Sea gem Sozopol made it into the top three of the most desirable places for tourism in the world. The winner of Standart’s Wonders of Bulgaria 2011 was nominated by the World Council for Tourism and travel as the best destination of 2015. The city, guarding the relics...
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Goranov: Bulgaria began negotiations to join the eurozone

Bulgarian government will begin negotiations with the governments of the 19 eurozone countries to start accession to the common currency, said Finance Minister Vladislav Goranov in Vilnius, said on “24 Hours” and Nova TV. Bulgaria will ask the 19 countries already use the euro as currency roadmap with the commitments...
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3-D printing technology changes house building

A stand-alone villa and a full-sized, six-story building that had been created by huge printers with “contour crafting”, commonly known as 3-D printing technology, were recently shown at the Suzhou industrial park in Jiangsu province. “3-D technology has integrated the traditional processes of building a house, which helps improve work...
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Chinese real estate tycoon plans to buy Atletico stake

Chinese real estate tycoon Wang Jianlin plans to buy a 20-percent stake in Spanish league champions Atletico Madrid, media reported on Monday. Madrid sports daily AS said Wang planned to pay 40 million euros (46 million US dollars) for the stake. Various media reported that Atletico chairman Enrique Cerezo will...
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China exports oil rigs to Middle East

Two customized offshore platforms developed by Qingdao Haixi Heavy-Duty Machinery Co. are about to be shipped to the United Arab Emirates. Nearly 90 percent of the equipment for the two rigs were locally sourced. Measuring 85 meters in length and 40 meters in width and standing 90 meters above the...
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China to create $6.5 billion venture capital fund to support start-ups

China will set up a government venture capital fund worth 40 billion yuan ($6.5 billion) to support start-ups in emerging industries, in its latest move to support the private sector and foster innovation. “The establishment of the state venture capital investment guidance fund, with the focus to support fledging start-ups...
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А new golf complex and winery near Balchik to be built

New golf complex in the suburbs “Momchil” will be built near Balchik. This was announced by the municipality for the proposal lodged by investors, BTA. The municipal council in the seaside town already allowed to be made detailed plans for the construction of 1472 acres. The investment project of two...
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