China and the United States should work together to create a favorable environment for practical cooperation in agriculture and other sectors, a statement released by the Ministry of Commerce on Wednesday said. Li Chenggang, China international trade representative with the Ministry of Commerce and vice-minister of commerce, said during a meeting with a US agricultural…
China attaches great importance to joining the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and is actively advancing relevant efforts, the Ministry of Commerce said on Thursday. Against the backdrop of unilateralism and protectionism, which is severely impacting the international economic and trade order, China’s accession to the CPTPP will help…
BEIJING — China’s Ministry of Commerce announced Wednesday that in implementing the consensuses reached through the China-US economic and trade talks in Kuala Lumpur, China will continue to suspend for one year, effective from Nov 10, the unreliable entity list measures it announced on April 4 this year targeting some US companies. Also effective from…
China’s latest move to refine how mutual funds measure and evaluate performance marks a shift toward a more disciplined, quality-oriented capital market, experts said. They added that this would make fund managers more accountable and better align investment practices with investor interests. The comments came after the China Securities Regulatory Commission unveiled a draft guideline…
SHANGHAI — The World Openness Index, gauging the openness levels of 129 economies from 1990 to 2024, was released on Wednesday at the eighth Hongqiao International Economic Forum in Shanghai. In 2024, the World Openness Index was at 0.7545, down 0.05 percent from 2023, according to the index for last year. The 2024 index was…
A picture of BOC Global Payroll Solution Launch Ceremony. [Photo provided to chinadaily.com.cn] Bank of China, one of the “big four” State-owned commercial banks in the country, unveiled on Wednesday its global payroll solutions, aiming to better address the outbound reach of Chinese companies. The launch ceremony was part of the ongoing 8th China International…
The 8th China International Import Expo is now ongoing in Shanghai from Wednesday through Monday. The media center, aiming to enhance the reporting experience for domestic and international journalists through smart technology and thoughtful services, amazes users from home and abroad. Tanks to chinadaily.com.cn Please visit: Our Sponsor
SHANGHAI — Chinese Premier Li Qiang on Wednesday reaffirmed that the country will continue to seek high-quality growth and unswervingly promote high-standard opening up, making new contributions to the world economy. Li made the remarks during his keynote speech at the opening ceremony of the eighth China International Import Expo (CIIE) and the Hongqiao International…
China will lift the additional tariffs imposed on certain imported US goods, effective from 1:01 pm on Nov 10, the Customs Tariff Commission of the State Council said in a statement on Wednesday. The decision aligns with the consensus reached during China-US economic and trade consultations and follows relevant domestic laws and regulations, including China’s…
BEIJING — China’s service trade maintained steady growth in the first three quarters of the year, with total imports and exports reaching nearly 5.94 trillion yuan ($838 billion), up 7.6 percent year-on-year, the Ministry of Commerce said on Tuesday. Specifically, service exports rose 14.4 percent to over 2.6 trillion yuan, while imports increased 2.8 percent…