China will take more steps to ensure a seamless flow of cutting-edge ideas from the laboratory to the production line, as the country moves toward building a modern industrial system, experts said at a symposium during the third China International Supply Chain Expo in Beijing. The integration of innovation chains and industrial chains still faces…
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…
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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
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CHONGQING — The first Belt and Road Conference for Overseas Chinese Cooperation and Development opened in Southwest China’s Chongqing municipality on Thursday, aiming to harness the strength of the overseas Chinese communities to advance the Belt and Road Initiative. Deals worth 43.79 billion yuan (about $6.13 billion) covering 66 projects across green energy, cross-border trade,…
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…
In May 2025, EU imports from China remained flat, while exports fell by a further 11%. As a result, its trade deficit widened to €27.4 billion, up 15% from €23.9 billion in May 2024. That amounts to more than $1 billion per day. It is with such numbers that the EU meets China at a…