Trade measures passed by the US Congress violated both US laws and World Trade Organization rules, Chen Deming, minister of commerce, said.
'China should not be blamed'
Overseas Investment from China's coal-rich Shaanxi province will benefit from closer ties with Russia and African countries, said provincial governor Zhao Zhengyong at the fifth session of the Eleventh National People's Congress on Wednesday.
A political adviser has proposed that daily necessities should be exempt from value-added tax (VAT) to cope with the rising of prices.
China should promote fiscal and tax reform, Li Jinhua, former auditor general of the National Audit Office, said on Wednesday.
China anticipates "a slight drop of 2 to 3 percent" in exports to the EU the first two months of this year, said Commerce Minister Chen Deming. Exports to the EU slowed down during the second half of 2011.
China will resume the construction of nuclear power plants halted in the aftermath of Japan's Fukushima nuclear power plant accident last year.
Bright Food Group Co Ltd expects its revenues to increase by between 15 and 20 percent in 2012.
Investment outflows from China's coal-rich Northwest Shaanxi province will benefit from closer ties with African countries and Russia, said provincial governor Zhao Zhengyong.
Safety needs to be further improved in Libya before Chinese engineering companies can return and restart their engineering projects, Commerce Minister Chen Deming said on Wednesday.
China can undertake dialogues with complaining countries on specific subsidy issues, China's Commerce Minister Chen Deming said.
China will establish a platform to promote trade with underdeveloped economies and emerging markets, said Commerce Minister Chen Deming on Wednesday.
China's aggregate trade in January and February will increase by 7 percent and the trade situation will be "better in the next half", Commerce Minister Chen Deming said.Sino-US trade imbalance questionable US duty violates WTO rules Firms in Libya
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