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China to remove additional tariffs on certain Canadian imports

China will remove additional tariffs imposed on certain imports from Canada, following recent consultations that led to a preliminary arrangement between the two countries, the Customs Tariff Commission of the State Council announced on Friday. The move comes after Canada adjusted some of its tariff measures targeting Chinese electric vehicles and steel and aluminum products.…

China’s EV infrastructure sees nearly 50% surge in charging plugs

China’s electric vehicle charging infrastructure reached a total of 20.70 million charging plugs by the end of January, marking a 49.6 percent increase from the previous year, according to the National Energy Administration. The rapid expansion comes as the world’s largest auto market continues its aggressive push toward new energy vehicles. The administration noted that…

China’s EV infrastructure sees nearly 50% surge in charging plugs

China’s electric vehicle charging infrastructure reached a total of 20.70 million charging plugs by the end of January, marking a 49.6 percent increase from the previous year, according to the National Energy Administration. The rapid expansion comes as the world’s largest auto market continues its aggressive push toward new energy vehicles. The administration noted that…

China’s EV infrastructure sees nearly 50% surge in charging plugs

China’s electric vehicle charging infrastructure reached a total of 20.70 million charging plugs by the end of January, marking a 49.6 percent increase from the previous year, according to the National Energy Administration. The rapid expansion comes as the world’s largest auto market continues its aggressive push toward new energy vehicles. The administration noted that…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

Hebei announces fresh initiatives to boost business environment, attract businesses

Hebei province has launched a fresh push to attract businesses, vowing to create a “first-class” environment for investors at home and abroad. At a key meeting in the provincial capital, Shijiazhuang, on Tuesday, officials declared their ambition to make the business climate the region’s “golden signboard”. It’s the fourth year running that the province has…

China set to cut forward FX risk reserve ratio to zero

China’s central bank announced on Friday that it will cut the foreign exchange risk reserve ratio for forward foreign exchange sales from 20 percent to zero, a move analysts say signals efforts to ease the rapid appreciation of the renminbi. The adjustment, effective March 2, is aimed at “promoting the development of the foreign exchange…