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Long-term thinking needed to ensure RCEP success

This aerial photo taken on Sept 12, 2023 shows a view of the container terminal of Haikou Port in Haikou, South China’s Hainan province. [Photo/Xinhua] Two years on from the Regional Comprehensive Economic Partnership taking effect, the trade pact has shown signs of early progress, but the full benefits of the agreement will require a…

Record high inbound and outbound visits at 136th Canton Fair

Border inspectors are busy inspecting inbound and outbound passengers at Guangzhou Baiyun International Airport, which opened a special green channel for the business people attending the 136th Canton Fair. [Photo by Ling Guanming/for chinadaily.com.cn] Guangzhou, the capital of Guangdong province, witnessed a record high of inbound and outbound passenger visits during the 136th China Import…

Record number of intl buyers seen at Canton Fair

Foreign visitors inquire about a healthcare product during the 136th Canton Fair in Guangzhou, Guangdong province, on Monday. LU HANXIN/XINHUA The 136th China Import and Export Fair, widely known as the Canton Fair, concluded in Guangzhou, Guangdong province, on Monday, recording a historic high in terms of overseas buyers, according to the event’s organizers. As of…

China to cut gasoline, diesel retail prices

An employee of a gas station in Xingtai, Hebei province, operates a fuel filling facility. [Photo/Xinhua] BEIJING – China will cut the retail prices of gasoline and diesel on Thursday, based on recent changes in international oil prices, the country’s top economic planner said on Wednesday. Gasoline prices will be reduced by 145 yuan ($20.42)…

CHN Energy signs agreements with 45 companies at CIIE

The logo of CHN Energy. [Photo by Sun Chi/chinadaily.com.cn] CHN Energy Investment Group (CHN Energy) signed agreements on Wednesday with 45 companies from 14 countries and regions, including Mongolia, Indonesia, South Africa, the United States, and Germany, during the ongoing 7th China International Import Expo in Shanghai. The contracts cover the import of high-quality coal,…

Japanese consumer goods giant Kao reaffirms commitment to China

Japanese consumer goods giant Kao Corp reiterated its commitment to the Chinese market with more technological innovation and diversified product lines at the China International Import Expo on Nov 6. [Photo provided to chinadaily.com.cn] Japanese consumer goods giant Kao Corp reiterated its commitment to the Chinese market with more technological innovation and diversified product lines…

Book on pet food regulations and standards released

The booth of Blue Buffalo, a high-end pet food brand of General Mills, at the seventh China International Import Expo in Shanghai. [Photo provided to chinadaily.com.cn] China Animal Health and Food Safety Alliance, together with Blue Buffalo, a high-end pet food brand of General Mills, released a book focusing on regulations and standards on pet…

Global firms and Chinese partners to jointly build an innovative healthcare ecosystem

Sanofi China and the Maternal and Child Health Center of the National Health Commission signed a strategic cooperation memorandum on disease prevention and health promotion for children at the ongoing 7th China International Import Expo held in Shanghai on Nov 6. [Photo provided to chinadaily.com.cn] Multinational medical companies reached collaborations with local healthcare authorities, hospitals and…

China reports sharp increase in EV charging facilities

BEIJING — The number of charging piles for electric vehicles (EV) in China reached 11.43 million as of the end of September this year, marking an increase of 49.6 percent from a year ago, latest government data showed. Among them, around 3.33 million were public charging facilities while 8.1 million were private, according National Energy…

China revises rules to ease foreign strategic investment in listed firms

A view of Shanghai’s Lujiazui area in July 2021. [Photo/IC] BEIJING – Chinese authorities on Friday released revised rules on foreign investors’ strategic investment in listed companies in a move to encourage foreign investors to make long-term and value investment in the country. The revised rules, jointly released by six government departments, including the Ministry…