The skyline of Beijing. [Photo/VCG] Fueled by a galloping services sector, digital technologies and industrial chain advantages, China’s trade in services is set to become a key driver in supporting economic growth in the Asia-Pacific region and attracting foreign investment, said economists and business leaders on Friday. In contrast to goods trade, trade in services…
China’s carbon market is emerging as the world’s largest with a comprehensive regulatory framework in place, said a report by accounting firm Ernst & Young on Friday. It reported that China’s carbon market saw trades of 442 million metric tons of emission quotas as of date, generating a cumulative transaction value of 24.9 billion yuan…
The image of Fuyan, mascot of China International Fair for Trade in Services (CIFTIS), is pictured at the China National Convention Center in Beijing, capital of China, Sept 11, 2024. [Photo/Xinhua] Further efforts are needed to fortify international partnerships in meteorology amid global climate change, as extreme weather events become more frequent and their…
A view of the venue for the 20th China-ASEAN Expo in Nanning, South China’s Guangxi Zhuang autonomous region. PENG HUAN/FOR CHINA DAILY Business leaders from China and economies involved in the Association of Southeast Asian Nations are expected to further strengthen cooperation at the upcoming 21st China-ASEAN Expo to be held from Sept 24 to…
Having lived in China for a decade, Jelena Grubor Stefanovic, director of the Representative Office of the Serbian Chamber of Commerce and Industry in China, will be attending her third China International Fair for Investment and Trade (CIFIT) on Sept 8. She recognizes CIFIT’s importance as a pivotal platform for foreign companies seeking opportunities in…
China will further open up its services sector, promote convenient cross-border flow of various innovation elements, and optimize the environment for the growth of trade in services, a senior official said. The State Council, China’s Cabinet, released a policy document earlier this month regarding promotion of the development of trade in services through high-standard opening-up.…
In a recent interview with #ChinaPerspectives, Huang Hanquan, head of the Chinese Academy of Macroeconomic Research, said China’s real estate supply-demand relationship has undergone significant changes, and the country needs to accept the reality of the declining contribution of real estate to economic growth. He said the country should foster new pillar industries including next-generation…
A German business delegation visits Chongqing City Vocational College on Thursday. CHEN ANXIN/FOR CHINA DAILY A good location, strong industrial strength, ample skilled workers, a beautiful environment and a supportive local government in Chongqing’s Yongchuan district impressed a visiting German business delegation last week, as they signed a series of agreements in modern manufacturing and…
Visitors check out products during the 24th China International Fair for Investment and Trade in Xiamen, Fujian province. HU MEIDONG/CHINA DAILY China’s commitment to high-standard opening-up and expanded cooperation has created more opportunities for the outside world and boosted foreign investors’ confidence, officials and business leaders have said. They made the remarks at the 24th…
The skyline of Beijing. [Photo/VCG] Multinational corporations have vowed to deepen ties with their partners in China and seize the tremendous opportunities, as the country has removed all foreign investment restrictions in the manufacturing sector with the release of the 2024 version of the negative list for foreign investment access. The release of the shortened…