China’s foreign trade in goods 2024. CHINA DAILY China’s foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday. These steps will help address possible obstacles posed…
Visitors engage in discussions at a red wine exhibitor’s booth at the 7th China International Import Expo in Shanghai, on Nov 7, 2024. [Photo by Zhang Wei/chinadaily.com.cn] The 7th China International Import Expo (CIIE) has attracted numerous visitors to explore various exhibition areas, including the food and agricultural products area and the automobile area. The…
An employee shows gold ornaments at a jewelry firm’s display hall in Hangzhou, Zhejiang province. NI LIFANG/FOR CHINA DAILY Gold prices may rise to $2,800 per ounce by year-end and could even reach $3,000 next year, according to recent estimates by financial services provider UBS. Factors driving gold price hikes include the rate-cutting cycle started…
[Photo/VCG] The Shanghai municipal government has approved the merger and restructuring of Guotai Junan Securities and Haitong Securities, according to a document released on the government’s official website late Tuesday. Furthermore, the municipal State-owned assets supervision and administration commission will guide the two firms to conduct equity transactions according to related laws, help them to…
As the fall harvest season has brought an abundance of hawthorn fruits to Niuquan township in Jinan, Shandong province, local hawthorn processing enterprises are now experiencing a peak in production. As a key provincial-level agricultural enterprise, Laiwu-based Wanbang Food Co Ltd offers more than 50 hawthorn-based products, including freeze-dried hawthorn, candied hawthorn, and hawthorn wine.…
An aerial view of Zhangjiang Science City, formerly known as Zhangjiang Hi-tech Park, in Shanghai’s Pudong New Area. [Photo/Xinhua] In light of the latest application and development of synthetic biology in the skin health industry, the 2nd Frontier Forum on Peptides and Skin Health was held recently in Shanghai’s Pudong New Area. As part of…
Regardless of the stance taken by the new US administration, market forces will ensure that China-US economic and trade cooperation continues to forge ahead, said Zhou Mi, senior researcher at the Chinese Academy of International Trade and Economic Cooperation, which is affiliated with the Ministry of Commerce. “We need to hear from the market. And…
China’s largest single-unit coal subsidence photovoltaic (PV) base, with a capacity of 3 GW, has begun operations in Otog Front Banner in the Inner Mongolia autonomous region after 14 months of construction. Developed by CHN Energy Investment Group (CHN Energy), the solar power station will be delivering renewable energy from the west to eastern provinces…
Employees of China State Construction Engineering Corp work on a highway project in Wuhan, Hubei province, in January 2023. [Photo/CHINA DAILY] BEIJING – China has promoted the implementation of work-relief programs by local governments in key projects as well as agricultural and rural infrastructure projects to boost employment, the country’s top economic planning body said…
Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China. [Photo/Agencies] China’s financial regulators have reiterated their opening-up commitment and vowed to enhance communication with the market, highlighting Chinese policymakers’ strengthened emphasis on consolidating capital market investor confidence amid elevated external uncertainties. The People’s Bank of China, the country’s…