BEIJING — Chinese regulators have proposed revisions to current regulations on the import and export of gold and gold products, aiming to streamline administration, facilitate trade, and improve the management of gold carried across the border by individuals. The People’s Bank of China said the draft amendments were jointly formulated with the General Administration of…
China’s central bank said on Friday that it has authorized Standard Bank, Africa’s largest lender, and the Industrial and Commercial Bank of China to jointly serve as the RMB clearing bank for Africa. This is a significant step by ICBC, China’s largest State-owned commercial bank, to promote the cross-border use of the RMB, support an…
Brazil has formally kicked off plans to issue its first sovereign panda bonds. The planned issuance, worth up to 5 billion yuan ($735 million), would mark the first such move by a Latin American economy. Join us to witness a milestone in China-Brazil financial cooperation. Huang Qi contributed to this story. Tanks to chinadaily.com.cn Please…
China will further regulate trademark registration and step up its crackdown on deceptive and misleading trademarks to encourage innovation and support high-quality economic development, according to a newly revised law. The amended Trademark Law was adopted on Friday as the Standing Committee of the National People’s Congress, the country’s top legislative body, concluded its latest…
Prospects of an inaugural meeting under the China-EU trade and investment consultation mechanism, scheduled for next week, have become increasingly uncertain despite intensive working-level consultations, a Ministry of Commerce source told China Daily on Friday. The uncertainty stems from the European Union’s increasingly protectionist stance toward China and its failure to make any progress in…
China has announced the Jakarta branch of Bank of China (Hong Kong) as the renminbi clearing bank in Indonesia, extending the RMB clearing network to one of Asia’s largest emerging economies. The move is expected to facilitate bilateral trade and investment while advancing the international use of the Chinese currency in Southeast Asia, experts said.…
The outlook for the first meeting under the China-EU trade and investment consultation mechanism, scheduled for next week, has become increasingly uncertain despite intensive consultations at the working level, a Ministry of Commerce source told China Daily on Friday. The uncertainty stems from the European Union’s increasingly protectionist stance toward China and its failure to…
A bird’s-eye view of Wuxi. [Photo provided to chinadaily.com.cn] Wuxi, an economic powerhouse in East China’s Jiangsu province, officially unveiled its 15th Five-Year Plan (2026–30) at a press conference on June 25, outlining a comprehensive roadmap to strengthen its position as a modern industrial and commercial hub while advancing high-quality development. Mayor Jiang Feng outlined…
Cemil Ceyhan Aral, who has visited China for over 30 years, said at the 9th China-Eurasia Expo in Urumqi, the capital of Xinjiang Uygur autonomous region, on June 25 that he has witnessed the nation’s rapid development. Dedicated to enhancing bilateral ties, he regards such cooperation as crucial — which is exactly why he attended…
Strengthening policy coordination and expanding industrial cooperation between China and Eurasian countries will generate new growth momentum, deepen regional economic integration and enhance regional connectivity, senior government officials from both sides said on Thursday. While delivering a speech at the opening ceremony of the 9th China-Eurasia Expo in Urumqi, the capital of Xinjiang Uygur autonomous…