Wed, May 26, 2010
Business > Markets

Economic news in brief: More than 140 Chinese enterprises listed at Nasdaq

2010-05-26 07:02:50 GMT2010-05-26 15:02:50 (Beijing Time)  Xinhua English

BEIJING, May 26 (Xinhua) -- The following are China economic news items in brief.

MORE THAN 140 CHINESE ENTERPRISES LISTED AT NASDAQ: MCCOOEY

More than 140 Chinese companies have been listed at Nasdaq, an increase of nearly 3 times from three years ago, said Robert McCooey, Nasdaq senior vice president, in north China's Inner Mongolia Autonomous Region Tuesday.

Leading a group of Nasdaq Corporate delegation members, McCooey started a three-day visit to Inner Mongolia Tuesday. The group paid a visit Tuesday to a science and technology service station of Yongye Group, the only Nasdaq-listed company in Inner Mongolia.

On their agenda, the members would hold discussions with representatives of local pre-IPOs and give lectures in Inner Mongolia University.

BEIJING TO BUILD FIRST ELECTRIC VEHICLE RECHARGING STATION IN JUNE

Beijing's first recharging station for electric vehicles is expected to be built in June.

The construction of the recharging station is a part of a cooperation program between the State Grid and the Beijing municipal government to boost the use of electric vehicles in the city.

TIANJIN PORT TO OFFER HOMEPORT SERVICE FOR INTERNATIONAL CRUISE LINERS IN JUNE

Tianjin port will officially start to offer homeport services for international cruise liners on June 26, said the port authority on Wednesday.

The world's leading cruise liner "Legend of the Seas" has booked the Tianjin Port as its homeport for eight voyages starting from July.

CHINA'S CONTAINER FREIGHT INDEX ON SHARP RISE IN May

China Containers Average Freight Index, a barometer of China's shipping market, has showed a consecutive rise of the container freight price in May.

The average comprehensive index on shipping routes between China and North American countries has risen by 200 points in May from 2,309 of April.

Experts with shippingchina.com, which issues the index, said the shipping price increase indicated a trend of decrease in the exports volumes for low value-added cargos in the near future.

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