As uncertainties mount ahead of the presidential election in the United States in November, high-level meetings between Chinese and US commerce officials can offer enterprises crucial insights into the future economic and trade relationship between the two major economies, said market observers and business executives on Sunday. Wang Shouwen, vice-minister of commerce and China international…
BEIJING — The China-US commercial and trade working group held its second vice-ministerial meeting in Tianjin on Saturday to engage in professional, rational and pragmatic discussions on policy issues and business matters. The meeting was co-chaired by China International Trade Representative and Vice-Minister of Commerce Wang Shouwen and the US Under Secretary of Commerce for…
The 24th China International Fair for Investment and Trade (CIFIT) opened Sunday in the city of Xiamen, East China’s Fujian province. [Photo/VCG] XIAMEN — The 24th China International Fair for Investment and Trade (CIFIT) opened Sunday in the city of Xiamen, East China’s Fujian province. Covering around 120,000 square meters, the four-day event draws visitors…
The Ministry of Commerce. [Photo/VCG] BEIJING — China’s Ministry of Commerce (MOC) on Sunday expressed dissatisfaction with the Netherlands’ decision to further expand the scope of export controls on lithography machines, which builds on the semiconductor export control measures implemented in 2023. An MOC spokesperson made the remarks in response to a relevant media query.…
Employees of an engineering machinery manufacturer in Shandong province work on the company’s production line of loaders. [Photo/Xinhua] BEIJING — Restrictions on foreign investment in the manufacturing sector will be lifted with the release of the 2024 version of the negative list for foreign investment access, China’s top economic planner announced Sunday. Jointly issued by…
Yang Xueliang (left), senior vice-president of Geely Holding Group, explains features of a Zeekr 009 MPV in Harbin, Heilongjiang province, on Sept 6, 2024. [Photo provided to chinadaily.com.cn] Zeekr, the premium arm of Chinese carmaker Geely Holding Group, is to chauffeur participants at the 9th Asian Winter Games, which to be held in February 2025…
African exhibitors promote products via livestreaming at the China-Africa Economic and Trade Cooperation Promotion Innovation Demonstration Park (Gaoqiao Grand Market) in Changsha, Central China’s Hunan province, June 30, 2023. [Photo/Xinhua] CHANGSHA — A shipment of mutton from Madagascar was cleared at Changsha Customs in Central China’s Hunan province on Sunday, marking China’s first mutton imports…
Vehicle makers in Europe could face fines of 15 billion euros ($17.4 billion) for carbon emissions as they are selling too few electric vehicles, Renault CEO Luca de Meo said on Saturday. Luca, who is also president of the European Automobile Manufacturers Association, made the remarks in an interview with France Inter radio. The EU’s…
Merchants visit the “Invest in China” area of the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, Sept 8, 2024. [Photo/Xinhua] China’s attractiveness in opening-up and cooperation is strengthening, and the two-way investment is realizing new development, Xinhua News Agency reported, quoting a report released during the International Investment Forum…
The Ministry of Commerce. [Photo/VCG] China has urged the Netherlands to avoid hindering normal cooperation and development between the two countries’ semiconductor industries, emphasizing the need to ensure the interests of both Chinese and Dutch businesses, said the Ministry of Commerce on Sunday. The Dutch government has expanded its control measures on lithography machines, extending…