China is Colombia’s second most important trade partner, and the Chinese market presents numerous opportunities for Colombian products, said Oscar Felipe Rueda Plata, commercial counselor, Colombian Embassy in China, to China Daily Website during an interview at the World Economic Forum’s 16th Annual Meeting of the New Champions 2025, commonly known as the Summer Davos…
BEIJING — China firmly opposes any country making trade deals with the United States at the expense of Chinese interests in exchange for so-called “tariff relief,” a spokesperson for the Ministry of Commerce said on Saturday. “If such a situation arises, China will not accept it and will take resolute countermeasures to safeguard its legitimate…
BEIJING — China National Offshore Oil Corporation (CNOOC) announced Wednesday the full operation of the second phase of its flagship gas field in the South China Sea, marking the completion of the country’s largest offshore natural gas development to date. The progress brings the gas field, named Shenhai Yihao or Deep Sea No. 1, to…
An international automobile exhibition enables visitors to purchase brand models of mainstream automobiles and take advantage of a national subsidy policy in Beijing on June 12. GUO JUNFENG/FOR CHINA DAILY China stepped up its proactive fiscal policy and counter-cyclical measures last year to support economic recovery and stabilize growth, according to a report submitted to…
A staff member (L) introduces the policies related to car purchase subsidies to consumers at a 4S store in Chongqing, Southwest China, Oct 17, 2024. [Photo/Xinhua] China will further ramp up policy support and reinforce funding for large-scale equipment renewals and consumer goods trade-in programs to boost consumption and stabilize economic growth, officials and experts…
This panoramic aerial photo taken on Jan 10, 2023 shows a view of Lujiazui area in the China (Shanghai) Pilot Free Trade Zone in East China’s Shanghai. [Photo/Xinhua] Chinese lawmakers passed a revised version of the anti-unfair competition law on Friday, as part of the country’s broader efforts to drive a fair and orderly market…
German chemical giant BASF’s Verbund site project in Zhanjiang, Guangdong province, is expected to launch production and operation by the end of 2025, according to a senior marketing manager of the company. “We have high expectations for operations of the Verbund site project, which is one of BASF’s most important projects in China,” said Mao…
Jiang Zhao, an associate researcher with the Chinese Academy of International Trade and Economic Cooperation, has said during an exclusive interview with China Perspectives that against the backdrop of rising trade protectionism and escalating international geopolitical tensions, China’s efforts to build a global consumption community with shared interests carry profound strategic significance. This initiative not…
Chinese solar technology giant Longi Green Energy Technology Co announced plans for a solar panel manufacturing facility in Indonesia on Wednesday. According to Longi, the facility, which will be run in conjunction with Indonesia’s state-owned Pertamina New & Renewable Energy company, underscores a shared commitment to advancing renewable energy adoption in Southeast Asia and Indonesia’s…
China may soon reinforce its commitment to stabilizing growth with bolder, innovative measures aimed at promoting a consumption-driven recovery, as weak domestic demand continues to weigh on corporate profits, said leading economists and analysts. They said such efforts would not only bolster confidence in achieving the country’s full-year growth target, but also enhance the appeal…