China will intensify efforts to advance high-quality trade development, deepen international cooperation and bolster innovation to further boost exports during the 15th Five-Year Plan (2026-30) period, the country’s top commerce official said on Friday. Speaking at a news conference in Beijing, Commerce Minister Wang Wentao said these measures will foster an open, cooperative and mutually…
BEIJING — Any attempt to forcibly “decouple” China-US economic and trade ties is destined to fail, China’s Commerce Minister Wang Wentao said on Friday. The economic and trade relationship between China and the United States has experienced its ups and downs over the years, but the two countries remain important partners to each other, Wang…
BEIJING — China has seen robust trade and investment with countries participating in Belt and Road cooperation over the past years, vice-commerce minister Li Chenggang told a press conference on Friday. The combined trade between China and related countries climbed from $2.7 trillion in 2021 to $3.1 trillion last year, with an average annual growth…
China unveiled 12 targeted measures on Friday to further attract and utilize foreign investment, with a specific focus on encouraging foreign enterprises to reinvest in the domestic market. The new document, jointly issued by the National Development and Reform Commission and six other central departments, calls on local governments to establish project databases tailored for…
China is deeply dissatisfied with and firmly opposed to Canada’s imposition of tariffs on products containing Chinese steel, and will take all necessary measures to safeguard the lawful rights of Chinese enterprises, the Ministry of Commerce said on Friday. The ministry’s remarks came after Canada announced on Wednesday an additional tariff of 25 percent on…
China’s policy of attracting foreign investment remains unchanged, and the door will only open wider, said the country’s top commerce official. During his meeting with Jensen Huang, president and CEO of Nvidia, the United States-based semiconductor company, in Beijing on Thursday, Commerce Minister Wang Wentao said China hopes multinational companies, including Nvidia, will provide high-quality…
China will take necessary measures to firmly safeguard the legitimate rights and interests of its businesses, after the European Union decided to include certain Chinese companies and financial institutions in its 18th round of sanctions against Russia last week, said the Ministry of Commerce on Monday. The EU’s move, despite repeated representations and objections from…
BEIJING — Consumption has contributed around 60 percent on average annually to China’s economic growth over the past four years, and the role of consumption as the economy’s main engine has continued to strengthen, China’s Minister of Commerce Wang Wentao said on Friday. Tanks to chinadaily.com.cn Please visit: Our Sponsor
BEIJING — China imported consumer goods worth 7.4 trillion yuan (about $1.03 trillion) between 2021 and 2024, the first four years of the 14th Five-Year Plan period (2021-2025), China’s Commerce Minister Wang Wentao told a press conference Friday. Citing figures of the World Trade Organization, he said goods imports by the Chinese mainland and China’s…
HANOI — China became Vietnam’s largest seafood export market in the first half of 2025, with exports reaching $1.1 billion, up 45 percent year-on-year, according to official data. According to statistics from Vietnam’s Ministry of Agriculture and Environment, Vietnam’s total seafood export revenue in the first six months of 2025 reached $5.16 billion, up 16.9…