Tailwinds favoring foreign trade enterprises
Trending News
3 weeks, 5 days ago

Tailwinds favoring foreign trade enterprises

China Daily  

Employees work on a photovoltaic module production line for export orders at a new energy technology company in Sihong Economic Development Zone, Jiangsu province, on Dec 2. Asia Best Partner Logistics, a company located in Shenzhen, Guangdong province, provides sea, land, and air transportation and has begun to transform its business to focus more on the cross-border e-commerce sector in recent years. During the first three quarters of the year, China's cross-border e-commerce imports and exports grew by 11.5 percent year-on-year, accounting for nearly 6 percent of the country's total foreign trade, data from the ministry showed. The rapid expansion of China's cross-border e-commerce sector underscores its growing significance in driving the overall growth of the nation's foreign trade, analysts said. Lan Qingxin, a professor in the School of International Trade and Economics at the University of International Business and Economics, said that China's cross-border e-commerce has achieved significant breakthroughs in diversifying its foreign trade markets, with business in emerging economies growing rapidly.

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History of this topic

Opening-up to spur foreign trade growth
3 weeks, 5 days ago

Opening-up to spur foreign trade growth

China Daily  

China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals in selected cities, including Beijing and Shanghai, Liu …

Tailwinds favoring foreign trade enterprises
Trending News
3 weeks, 5 days ago

Tailwinds favoring foreign trade enterprises

China Daily  

Automated vehicles deliver cargo at Qingdao Port's fully automated terminal in Shandong province on Dec 3. ZHANG JINGANG/FOR CHINA DAILY China will ramp up financial support, cultivate new growth engines, and strengthen services for foreign trade enterprises in order to unlock momentum and foster resilience in the country's foreign trade sector — a critical pillar underpinning overall economic growth, officials …

Opening-up to spur foreign trade growth
3 weeks, 5 days ago

Opening-up to spur foreign trade growth

China Daily  

A container ship leaves Qingdao Port, Shandong province. China will continue to advance institutionalized opening-up, broaden market access for global businesses and advocate free trade agreements, fueling its economic growth and bolstering multilateralism in 2025, market observers and business executives said on Sunday. Noting that China gave the green light earlier this year for the establishment of wholly foreign-owned hospitals …

Tailwinds favoring foreign trade enterprises
3 weeks, 5 days ago

Tailwinds favoring foreign trade enterprises

China Daily  

A China-Europe Railway Express departs from Chongqing to Duisburg, Germany, on Nov 15. Foreign trade companies have said that the coverage of export credit insurance needs to be further expanded, smaller firms are facing certain financing difficulties, and they are also encountering bottlenecks in sea freight transportation, Wang added. Foreign trade has been a bright spot in the Chinese economy …

Domestic firms, shoppers join Black Friday buying frenzy
4 weeks, 2 days ago

Domestic firms, shoppers join Black Friday buying frenzy

China Daily  

People shop during Black Friday in Rome, in November. Online shopping on Nov 29, the first day of this year's Black Friday shopping spree, reached a record $10.8 billion in sales, US media reported, citing data from Adobe Analytics, which tracks US e-commerce trends. Chinese cross-border e-commerce retailers like Shein, PDD's Temu, and TikTok Shop saw strong growth in sales …

Foreign trade growth on steady track
1 month ago

Foreign trade growth on steady track

China Daily  

A container ship leaves Qingdao Port, Shandong province. As global demand gains momentum, China's foreign trade is expected to maintain steady growth in the coming months, surpassing the usual seasonal fluctuations observed in previous years, trade experts and exporters said on Tuesday. China's foreign trade expanded by 4.9 percent year-on-year to 39.79 trillion yuan in the January-November period, while exports …

Nation steps up efforts to bolster import and export growth
Trending News
1 month ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Nation steps up efforts to bolster import and export growth
Trending News
1 month ago

Nation steps up efforts to bolster import and export growth

China Daily  

A view of a container terminal in Haikou, Hainan province, in October. In the first 10 months, China's total foreign trade value amounted to 36 trillion yuan, representing a 5.2 percent year-on-year increase, and its export share in the global market also remained largely stable. At a news conference last Friday, Vice-Minister of Commerce Wang Shouwen said China's foreign trade …

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders
1 month ago

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders

China Daily  

Chinese firms, shoppers join Black Friday frenzy as e-commerce bridges borders Xinhua Updated: Dec 05, 2024 BEIJING -- Transcending distances and national borders, the Black Friday shopping spree has become an extravaganza for both American and Chinese firms and consumers, thanks to the expansive reach of cross-border e-commerce. Online shopping on Nov 29, the first day of this year's Black …

China strengthens policy support for foreign trade development
1 month, 2 weeks ago

China strengthens policy support for foreign trade development

China Daily  

China strengthens policy support for foreign trade development Xinhua Updated: Nov 22, 2024 Ships get ready for their voyages in the foreign trade container terminal of Qingdao port in Shandong province. The country will also drive innovative development in green trade and border trade, attract and facilitate cross-border business travel, enhance maritime transport support for foreign trade, and strengthen employment …

Cross-border e-commerce growing in China
2 months ago

Cross-border e-commerce growing in China

China Daily  

Having worked as a tech reporter for about a decade, I have witnessed firsthand the rapid growth of China's cross-border e-commerce platforms and how the country's consumers have shown increasing demand for premium imported and foreign-branded products in recent years. According to a report from Chinese e-commerce platform JD's Consumption and Industry Development Research Institute, imported brands, including mobile phones, …

Foreign trade poised for steady growth amid headwinds
Trending News
2 months ago

Foreign trade poised for steady growth amid headwinds

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. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in the January-October period, while its exports rose 6.7 …

Foreign trade poised for steady growth amid headwinds
Top News
2 months ago

Foreign trade poised for steady growth amid headwinds

China Daily  

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. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

Foreign trade poised for steady growth amid headwinds
2 months ago

Foreign trade poised for steady growth amid headwinds

China Daily  

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. China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan in …

China records highest export growth in 2 years amid looming Trump’s 60% tariff threat
Trending News
2 months ago

China records highest export growth in 2 years amid looming Trump’s 60% tariff threat

Firstpost  

Exports far surpassed analyst’s estimates of about 5.5 per cent growth and outpaced September’s growth of just 2.4 per cent. China’s exports rose 12.7 per cent in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. It showed imports fell 2.3 per cent in October from a year earlier, …

Chinese Toymaker Seeks Global Expansion in Emerging Markets
Top News
2 months, 2 weeks ago

Chinese Toymaker Seeks Global Expansion in Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Boost Exports to Emerging Markets
2 months, 2 weeks ago

Chinese Toymaker Seeks to Boost Exports to Emerging Markets

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar
2 months, 2 weeks ago

Chinese Toymaker Seeks to Expand into Emerging Markets as Exports Soar

China Daily  

Emerging markets are driving China's export orders, with the country's foreign trade value with over 160 countries and regions continuing to grow. This growth is driven by several factors, including the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

E-commerce enterprises punching above weight
3 months, 3 weeks ago

E-commerce enterprises punching above weight

China Daily  

Livestreaming hosts promote sales at the 2023 China International Fair for Trade in Services in Beijing. The ongoing cross-border e-commerce surge in China is unlocking fresh growth opportunities for foreign trade, experts and executives said recently. They said there was a notable uptick in Customs-registered cross-border e-commerce enterprises from Chinese companies and a rise in funding, underscoring a dynamic landscape …

Guangdong foreign trade sweeps upward
3 months, 4 weeks ago

Guangdong foreign trade sweeps upward

China Daily  

Guangdong's foreign trade has made significant progress in emerging markets while maintaining good growth momentum in traditional markets during the first eight months of this year. According to the statement, exports of vessels, electric vehicles and containers achieved faster growth between January and August, increasing by 47.6 percent — 68.2 percent and 133.1 percent year-on-year, respectively — becoming new growth …

Cross-border e-commerce shows solid uptrend
3 months, 4 weeks ago

Cross-border e-commerce shows solid uptrend

China Daily  

Shoppers browse Shein's wedding pop-up and retail shop at Fashion Show Las Vegas in the United States in March. "Chinese consumers have shown rising purchasing demand for diversified, personalized and niche overseas products, and are attaching more importance to the value of the goods they buy," said Zhang Zhouping, a senior analyst who tracks business-to-business and cross-border activities at the …

Cross-border e-commerce shows solid uptrend
3 months, 4 weeks ago

Cross-border e-commerce shows solid uptrend

China Daily  

Shoppers browse Shein's wedding pop-up and retail shop at Fashion Show Las Vegas in the United States in March. "Chinese consumers have shown rising purchasing demand for diversified, personalized and niche overseas products, and are attaching more importance to the value of the goods they buy," said Zhang Zhouping, a senior analyst who tracks business-to-business and cross-border activities at the …

Country's foreign trade shows strong resilience
4 months ago

Country's foreign trade shows strong resilience

China Daily  

Container vessels unload cargo at a terminal in Qingdao, Shandong province, in August. China's foreign trade has continued to demonstrate strong resilience, and the nation's enhanced export channels with emerging economies, coupled with ongoing support from its opening-up policies, will drive its economic growth throughout the year despite external challenges, government officials and experts said. According to the General Administration …

Expert: China's economic growth boon to global economy
4 months, 2 weeks ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. RIO DE JANEIRO — Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial …

Expert: China's economic growth boon to global economy
4 months, 2 weeks ago

Expert: China's economic growth boon to global economy

China Daily  

The skyline of Beijing. Thanks to effective incentive policies by the Chinese government, the country's economic growth is projected to exceed market expectations this year and be a driver for the global economy, a Brazilian economist said. China is a major driver of global economic growth that "has boosted international investor confidence and reduced international financial market volatility," Ronnie Lins, …

Guangdong's imports and exports surge in July
4 months, 4 weeks ago

Guangdong's imports and exports surge in July

China Daily  

An overview of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone in Shenzhen, Guangdong province, Aug 23, 2023. South China's Guangdong province achieved a foreign trade volume of more than 800 billion yuan in July, up year-on-year by 15.5 percent, Guangdong Customs statistics revealed on Monday. Through the first seven months of the year, Guangdong achieved an export …

Foreign trade to stay resilient in second half
5 months ago

Foreign trade to stay resilient in second half

China Daily  

China Daily| Updated :2024-08-05 MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's foreign trade, underpinned by an improved overseas appetite, an optimized trading structure increasingly driven by high-tech and green products, and more diversified export destinations, will continue to show resilience in the second half …

Foreign trade to stay resilient in second half
5 months, 1 week ago

Foreign trade to stay resilient in second half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's foreign trade, underpinned by an improved overseas appetite, an optimized trading structure increasingly driven by high-tech and green products, and more diversified export destinations, will continue to show resilience in the second half of the year, officials …

Policies to expand foreign trade will give competitiveness a boost
5 months, 1 week ago

Policies to expand foreign trade will give competitiveness a boost

China Daily  

Automated cranes deliver containers at Qinzhou Port in Qinzhou, South China's Guangxi Zhuang autonomous region, in February. As external demand and supportive policies improve, China's trade in goods reached a new high in the first half of 2024, with overall foreign trade exceeding 21 trillion yuan, and export growth in June of 10.7 percent year-on-year, exceeding all expectations. China's exports …

Nation to implement steps for foreign trade growth
5 months, 1 week ago

Nation to implement steps for foreign trade growth

China Daily  

Amid rising protectionism and geopolitical risks, China will implement a series of measures in the second half of the year to sustain and enhance its positive foreign trade trajectory, customs officials said on Tuesday. Despite facing challenges such as unilateralism and the disruption of global supply chains, Lyu said that supported by the advantages of a vast domestic market and …

Quzhou's e-commerce growth crosses borders
5 months, 3 weeks ago

Quzhou's e-commerce growth crosses borders

China Daily  

ezhejiang.gov.cn| Updated :2024-07-19 According to data from Quzhou Customs, from January to May, Quzhou's total import and export value reached 30.43 billion yuan, a 12.6 percent increase year-on-year. An authority with the Quzhou bureau of commerce attributed the rapid growth of cross-border e-commerce to sustained market growth with increasing bilateral cooperation and the emergence of new markets. Last year, Quzhou's …

Robust foreign trade to further drive economic growth, experts say
5 months, 3 weeks ago

Robust foreign trade to further drive economic growth, experts say

China Daily  

Vehicles await loading to be transported at a terminal of Yantai Port in Shandong province on June 24. ZHU ZHENG/XINHUA China's supportive policies and ongoing quality upgrades in foreign trade are set to bolster economic growth throughout the year despite lingering external challenges, market watchers and business leaders said on Thursday. According to a communique released on Thursday after the …

【双语财讯】专家：外贸提质将助推中国经济增长
5 months, 3 weeks ago

【双语财讯】专家：外贸提质将助推中国经济增长

China Daily  

市场观察人士和企业界人士日前表示，尽管外部挑战仍然存在，但中国的支持性政策和外贸的持续提质将助推中国全年经济增长。 Vehicles await loading to be transported at a terminal of Yantai Port in Shandong province on June 24. ZHU ZHENG/XINHUA China's supportive policies and ongoing quality upgrades in foreign trade are set to bolster economic growth throughout the year despite lingering external challenges, market watchers and business leaders said on Thursday. 日前召开的中国共产党第二十届中央委员会第三次全体会议提出，要进一步深化改革和继续扩大开放，包括深化贸易领域的改革。 According to a communique released on Thursday …

【双语财讯】专家：外贸提质将助推中国经济增长
5 months, 3 weeks ago

【双语财讯】专家：外贸提质将助推中国经济增长

China Daily  

市场观察人士和企业界人士日前表示，尽管外部挑战仍然存在，但中国的支持性政策和外贸的持续提质将助推中国全年经济增长。 Vehicles await loading to be transported at a terminal of Yantai Port in Shandong province on June 24. ZHU ZHENG/XINHUA China's supportive policies and ongoing quality upgrades in foreign trade are set to bolster economic growth throughout the year despite lingering external challenges, market watchers and business leaders said on Thursday. 日前召开的中国共产党第二十届中央委员会第三次全体会议提出，要进一步深化改革和继续扩大开放，包括深化贸易领域的改革。 According to a communique released on Thursday …

Structure more important than growth rate of trade
5 months, 3 weeks ago

Structure more important than growth rate of trade

China Daily  

Containers are unloaded at Qingdao Port in Shandong province in March. The national foreign trade data for the first half of the year, released on Friday, show the total value of China's import and export of goods was 21.17 trillion yuan, an increase of 6.1 percent year-on-year, continuing and consolidating the previous upward trend. In terms of growth rate, the …

Foreign trade hits new high in first half
5 months, 4 weeks ago

Foreign trade hits new high in first half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's total goods exports and imports reached a new high in the first half of the year despite challenges such as escalating trade protectionism and intensifying geopolitical tensions, signaling an encouraging improvement in demand both at home and …

Foreign trade hits new high in first half
5 months, 4 weeks ago

Foreign trade hits new high in first half

China Daily  

MSC Irina, the world's largest container vessel, docks at Ningbo Zhoushan Port in Zhejiang province on April 2. JIANG XIAODONG/FOR CHINA DAILY China's total goods exports and imports reached a new high in the first half of the year despite challenges such as escalating trade protectionism and intensifying geopolitical tensions, signaling an encouraging improvement in demand both at home and …

Shandong's foreign trade, investment demonstrate upward trend
6 months, 2 weeks ago

Shandong's foreign trade, investment demonstrate upward trend

China Daily  

Shandong province's unwavering commitment to deepening international economic and trade cooperation has yielded remarkable results in the first five months of 2024. The province's total import and export volume surged by 6.6 percent year-on-year to 1.32 trillion yuan, with exports witnessing an impressive 11.6 percent growth rate, outpacing the national average by 5.5 percentage points. The province has also witnessed …

Yiwu's foreign trade surges in first 2 months
9 months, 3 weeks ago

Yiwu's foreign trade surges in first 2 months

China Daily  

chinadaily.com.cn| Updated :2024-03-18 Foreign merchants buy goods at the Yiwu International Trade Market. According to Yiwu Customs, the city's total import and export value soared to 116.6 billion yuan during the first two months, marking a substantial 47.3-percent increase compared to the same period last year. The city's exports accounted for 102.77 billion yuan, rising by 41 percent, while imports …

Guangdong sees trade growth in first 2 months of year
9 months, 4 weeks ago

Guangdong sees trade growth in first 2 months of year

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. Meanwhile, Guangdong's foreign trade volume with countries involved in the Belt and Road Initiative hit 515.33 billion yuan in January and February, up by 23.1 percent year-on-year and accounting for 38.2 percent of province's total, the statement said. Guangdong's good foreign trade performance with its major trade …

4 Key Takeaways Emerging From China’s Trade Data
10 months, 1 week ago

4 Key Takeaways Emerging From China’s Trade Data

The Diplomat  

Amid tensions with the U.S., China is recalibrating its approach to international trade – a strategic shift now visible in the trade data. According to Financial Times calculations, in the 12 months leading up to October 2023, this network covered almost 40 percent of China’s exports and trade between China and FTA partners was worth approximately $1.3 trillion. As Chinese …

Chinese automakers embrace export boom with own shipping fleets
11 months, 3 weeks ago

Chinese automakers embrace export boom with own shipping fleets

China Daily  

BYD Explorer No.1 docks at a port in Shandong province. It is the first vessel in the shipping fleet of BYD, which has joined a number of Chinese automakers in accelerating car exports by operating their own shipping fleets. As China's automobile industry embraces a new export era, automakers are grappling with challenges such as soaring rents, shipping capacity constraints, …

China's cross-border e-commerce trade value exceeds 2t yuan in 2022: report
1 year, 6 months ago

China's cross-border e-commerce trade value exceeds 2t yuan in 2022: report

China Daily  

SHIJIAZHUANG -- The value of China's cross-border e-commerce imports and exports exceeded 2 trillion yuan for the first time in 2022, reaching 2.1 trillion yuan and marking an increase of 7.1 percent compared with 2021, according to a report released Saturday. Among the export destinations in China's cross-border e-commerce in 2022, the United States accounted for 34.3 percent of the …

Trade figures give fresh push to recovery
1 year, 7 months ago

Trade figures give fresh push to recovery

China Daily  

Containers are transferred at the China-Kazakhstan International Logistics Base in Lianyungang, Jiangsu province, on Nov 25, 2022. Experts: Govt should support private firms in facing multiple headwinds The fact that China's major foreign-trade powerhouses posted robust import and export numbers in the first four months has consolidated the recovery momentum and bodes well for a stable trade scenario this year, …

Trade figures give fresh push to recovery
1 year, 7 months ago

Trade figures give fresh push to recovery

China Daily  

Containers are transferred at the China-Kazakhstan International Logistics Base in Lianyungang, Jiangsu province, on Nov 25, 2022. Experts: Govt should support private firms in facing multiple headwinds The fact that China's major foreign-trade powerhouses posted robust import and export numbers in the first four months has consolidated the recovery momentum and bodes well for a stable trade scenario this year, …

China introduces policies to stabilize foreign trade
1 year, 8 months ago

China introduces policies to stabilize foreign trade

China Daily  

An aerial view of Beibu Gulf Port in Qinzhou, Guangxi Zhuang autonomous region. China has introduced a series of policies to stabilize the scale of its foreign trade and improve its structure amid uncertain external demand, trade risks and other challenges, said the Ministry of Commerce on Sunday. To keep the foreign trade scale stable, the country will make efforts …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the difficulties and bottlenecks …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

chinadaily.com.cn| Updated :2023-04-24 Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the …

Measures set to strengthen foreign trade
1 year, 8 months ago

Measures set to strengthen foreign trade

China Daily  

Trade: Burdens of enterprises to be eased China will step up efforts to stabilize foreign trade performance while improving the trade structure through a raft of policy measures, government officials said at a news conference on Sunday. Wu Haiping, director-general of the General Administration of Customs' department of general operations, said that in order to address the difficulties and bottlenecks …

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