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China’s foreign trade maintains strong momentum

China’s foreign trade maintains strong momentum

China’s foreign trade has kept momentum for stable growth with ever stronger internal driving forces amid complex external environment and uncertainties. The China Import and Export Fair, the country’s largest trade fair, concluded its 125th session on May 5 in Guangzhou, capital of south China’s Guangdong Province. The fair is considered as a barometer of […]

China’s foreign trade up 4.3% in first four months

China’s foreign trade up 4.3% in first four months

China’s foreign trade saw steady development and its structure has been improved in the first four months of this year as the sector seeks high-quality growth. The country’s foreign trade of goods grew 4.3 percent year on year during this period to 9.51 trillion yuan ($1.41 trillion), customs data showed. Exports increased by 5.7 percent […]

China to seek stable, better-structured trade in 2019: commerce minister

China to seek stable, better-structured trade in 2019: commerce minister

China will take a string of measures to promote stable and higher quality growth of foreign trade this year, said Zhong Shan, China’s Minister of Commerce at a press conference for the second session of the 13th National People’s Congress (NPC) on March 9. The minister hailed China’s trade performance in 2018 as the country expanded […]

Expanded opening up prospers China’s border trade

Expanded opening up prospers China’s border trade

The prospering border trade of China is a reflection of the great vitality of the country’s opening up, as China has just celebrated the 40th anniversary of reform and opening up at the end of last year. The convenient custom clearance services at ports in Heilongjiang province and Guangxi Zhuang Autonomous Region, as well as […]

Changes in world trade

Changes in world trade

There is broad historic agreement that the World Trade Organization (WTO) has been one of the most successful international institutions; its membership accounts for more than 98 percent of world trade. However, today’s global economic landscape is changing rapidly, coupled with retrenchment and distancing from multilateral agreements. Combined, these factors impact the discernible value and role […]

Abe’s advice to Xi meeting Trump at trade war dinner

Abe’s advice to Xi meeting Trump at trade war dinner

When Chinese President Xi Jinping sat across the table from his US counterpart Donald Trump in Argentina last weekend, he exuded quiet confidence and impressed the Americans with a detailed presentation that led to a truce in the trade war between the two countries. But a month earlier at a dinner in Beijing with Japanese […]

Here is what you need to know about G20 leaders’ summit

Here is what you need to know about G20 leaders’ summit

The 13th G20 Leaders’ Summit, under the theme of “building consensus for fair and sustainable development,” will take place Friday to Saturday in Buenos Aires, the capital city of #Argentina. Media hail the role of the G20 Leaders’ Summit on the world stage as “indispensable.” However, do you know why it started and how it […]

China’s foreign trade structure further optimized in first seven months

China’s foreign trade structure further optimized in first seven months

China’s imports and exports went up 8.6 percent year-on-year to 16.72 trillion yuan ($2.45 trillion) in the first seven months of this year, the official with Ministry of Commerce (MOFCOM) announced Tuesday quoting customs data. Exports grew 5 percent over the same period of last year to 8.89 trillion yuan while imports was up 12.9 […]

Commentary: US-initiated trade war damages international rules

Commentary: US-initiated trade war damages international rules

Washington is on one hand waving the tariff stick to pressure and blackmail China, while on the other hand threatening to withdraw from international groups in pursuit of its own interests. Like a bull on rage, today’s Uncle Sam is trampling upon international rules and damaging the current global trade system and economic globalization. The […]

Chinese economy runs stable despite of mounting global protectionism

Chinese economy runs stable despite of mounting global protectionism

Chinese economy has been running in a stable pace in the first half of 2018, despite of the rising tide of trade protectionism and the uncertainties emerging in the process of global recovery. The International Monetary Fund (IMF) forecast in late July that China’s economy will grow 6.6 percent in 2018-unchanged from its April projection-in […]

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