Central, Eastern European countries witness booming trade with China
3 years, 11 months ago

Central, Eastern European countries witness booming trade with China

China Daily  

Aerial photo shows a China-Europe cargo train loaded with containers of electronic products and accessories of household appliances leaving for Russia's Vorsino in Nanjing, east China's Jiangsu Province, Jan. 27, 2021. China's foreign trade with Central and Eastern European countries grow by 8.4% in 2020 exceeding $100 billion, which is faster than the country's annual trade volume with Europe as a whole, and also faster than China's yearly foreign trade growth rate for the year, Gao Feng, spokesperson of the Ministry of Commerce said on Thursday. By the end of 2020, Chinese foreign direct investment in Central and Eastern European countries' sectors including energy, infrastructure and logistics amounted to a gross $3.14 billion, while those countries' investment in China reached $1.72 billion, data from the MOFCOM showed. In 2020, China launched 12,400 China-Europe Railway Express services, with countries like Poland, Hungary and Czech becoming key passages and destinations of the link, said the trade ministry. Ningbo, East China's Zhejiang Province actively promotes the establishment of "17+1" economic and trade cooperation demonstration zone, while Cangzhou, North China's Hebei Province has established a cooperation zone for smaller companies from China and Central and Eastern European countries to promote cooperation in sectors including aviation, agriculture and high-end manufacturing, he said.

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History of this topic

Rail exports boost trade
4 days, 6 hours ago

Rail exports boost trade

China Daily  

The freight trains linking Hunan province with countries around the world have significantly boosted high-quality opening-up and international trade of the province, according to the Department of Commerce of Hunan province. More than 1,000 China-Europe freight train services departed from Changsha, capital city of Hunan, in 2024, carrying goods worth over 19.3 billion yuan, the department said. Moreover, the number …

China Details Steps to Form Unified Market Free of Local Hurdles
1 week, 1 day ago

China Details Steps to Form Unified Market Free of Local Hurdles

Live Mint  

China is pressing local officials to deliver on plans to build a unified national market, issuing guidelines for improving competition and dismantling barriers to access as Beijing looks to expand domestic demand. “We will push for regions to find their path to integrating in the unified national market,” Wang Shancheng, a senior NDRC official, said at a briefing devoted to …

Opening-up to spur foreign trade growth
4 weeks, 2 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 …

Opening-up to spur foreign trade growth
4 weeks, 2 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 …

China strengthens policy support for foreign trade development
1 month, 3 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 …

Central Asia's Green Cooperation Takes Center Stage in Ningxia Forum
2 months, 2 weeks ago

Central Asia's Green Cooperation Takes Center Stage in Ningxia Forum

China Daily  

China and Central Asia nations are seeking to strengthen cooperation in various areas, including green development, trade, and tourism. Participants at the 11th China-Central Asia Cooperation Forum in Yinchuan, Northwest China's Ningxia Hui autonomous region, expressed their hope for continued and deepened cooperation in these sectors.

Central Asia's Green Cooperation Takes Center Stage in Ningxia Forum
2 months, 2 weeks ago

Central Asia's Green Cooperation Takes Center Stage in Ningxia Forum

China Daily  

China and Central Asia nations are seeking more cooperation in various areas, including green development, agriculture, logistics, construction, and tourism. Participants at the 11th China-Central Asia Cooperation Forum in Yinchuan, China, expressed their hope for continued and deepened cooperation between the two regions.

China-Europe railway boosts new energy trade to Gothenburg
3 months, 3 weeks ago

China-Europe railway boosts new energy trade to Gothenburg

China Daily  

A new route of China-Europe Express Railway opened recently to reach Gothenburg, Sweden, which expects to boost trading of new energy products between China and North Europe. A new route of China-Europe Express Railway opened recently to reach Gothenburg, Sweden which expects to boost trading of new energy products between China and North Europe. Hubei expects to export more new …

China-Europe railway boosts new energy trade to Gothenburg
3 months, 3 weeks ago

China-Europe railway boosts new energy trade to Gothenburg

China Daily  

A new route of China-Europe Express Railway opened recently to reach Gothenburg, Sweden, which expects to boost trading of new energy products between China and North Europe. A new route of China-Europe Express Railway opened recently to reach Gothenburg, Sweden which expects to boost trading of new energy products between China and North Europe. Hubei expects to export more new …

China to drive pan-Asia rail development
5 months, 1 week ago

China to drive pan-Asia rail development

China Daily  

A train on the China-Laos Railway travels through Xishuangbanna Dai autonomous prefecture, Yunnan province, in April, heading to Vientiane, the Laotian capital. Examples include the recently launched ASEAN cargo express and the China-Laos Railway, a key project under the Belt and Road Initiative. Boosting trade Tjia cited the ASEAN cargo express, which links Malaysia, Thailand and Laos with China, facilitating …

China-Europe rail service delivers strong improvement
6 months ago

China-Europe rail service delivers strong improvement

China Daily  

A China-Europe freight train departs from Tianjin, July 1, 2024. As of Wednesday, China has operated over 10,000 freight trains to Europe this year, 19 days ahead of last year's schedule, according to the service regulator and operator China State Railway Group on Wednesday. The China-Europe rail service has been a vital link in facilitating trade and connectivity between China …

Trade, tourism boost growth momentum of Chinese economy
6 months ago

Trade, tourism boost growth momentum of Chinese economy

China Daily  

Imports and exports going through key transportation hubs in China have witnessed growth during the first half of the year, boosting the Chinese economy together with an increasingly hot tourism market, CCTV.com reported on Sunday. As the most important transportation hub between China and Central Asia and Central Europe, Xinjiang Uygur autonomous region registered total foreign trade volume of 185.64 …

Nation vows to further deepen opening-up
6 months, 2 weeks ago

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, …

Nation vows to further deepen opening-up
6 months, 2 weeks ago

Nation vows to further deepen opening-up

China Daily  

By Wang Keju| China Daily| Updated :2024-06-27 An aerial view of Canton Tower in Guangzhou, capital of Guangdong province. YANG HE/FOR CHINA DAILY China will intensify efforts to further attract foreign investment, in order to drive the growth of the world's second-largest economy in the new development paradigm, according to an executive meeting of the State Council, the country's Cabinet, …

China-Europe freight train completes 90,000 trips
7 months, 2 weeks ago

China-Europe freight train completes 90,000 trips

China Daily  

By LUO WANGSHU in Xi'an | Updated :2024-05-27 The high-profile freight train service between China and Europe, supported by the Belt and Road Initiative, has recently achieved another significant milestone by completing its 90,000th journey as of Saturday, underscoring its crucial role in stabilizing global supply chains and driving economic development along the route. Began in 2011, the China-Europe freight …

A visit to preserve China’s interests in Europe
7 months, 3 weeks ago

A visit to preserve China’s interests in Europe

The Hindu  

The Chinese President Xi Jinping’s first trip to Europe in five years, earlier this month, was carefully constructed as evidenced by his ports of call — France, Serbia and Hungary. Mr. Xi had three goals — to prevent the EU from getting too close to the U.S., to avert a trade standoff with EU and to bolster China’s standing in …

China's new development, world's new opportunities
10 months ago

China's new development, world's new opportunities

China Daily  

The freight train carrying the first batch of solar modules for China Energy Engineering Corp's 1-gigawatt projects in Uzbekistan, departs from Xi'an, Shaanxi province, on Aug 3, 2023. Over the past decade, the Belt and Road Initiative had become an important international public good, opening up a development path leading to common prosperity for all partner countries. In 2023, the …

China's new development, world's new opportunities
10 months ago

China's new development, world's new opportunities

China Daily  

The freight train carrying the first batch of solar modules for China Energy Engineering Corp's 1-gigawatt projects in Uzbekistan, departs from Xi'an, Shaanxi province, on Aug 3, 2023. Over the past decade, the Belt and Road Initiative had become an important international public good, opening up a development path leading to common prosperity for all partner countries. In 2023, the …

China-ASEAN industrial cooperation deepens on RCEP
11 months, 1 week ago

China-ASEAN industrial cooperation deepens on RCEP

China Daily  

Customs officials inspect durian quality at a port in Pingxiang, Guangxi Zhuang autonomous region, in September. As the world's largest free trade agreement, the RCEP includes 10 ASEAN members, along with China, Japan, South Korea, Australia and New Zealand. According to China's General Administration of Customs, ASEAN remained China's largest trading partner in 2023, with the total trade between the …

Country largest trade partner of 25 BRI economies
1 year, 2 months ago

Country largest trade partner of 25 BRI economies

China Daily  

Visitors exchange views on smart city solutions during the second conference of the Global Economic Development and Security Forum of the Boao Forum for Asia in Changsha, Hunan province, on Sunday. China has become the largest trade partner of 25 economies involved in the Belt and Road Initiative, a report said. The import and export value between China and other …

Shandong companies seek business opportunities in Central Asia
1 year, 4 months ago

Shandong companies seek business opportunities in Central Asia

China Daily  

File photo of a China-Europe freight train. Since October 2018, the "Qilu" China-Europe freight train service has fully leveraged Shandong's advantages as a dual land and sea hub for the Belt and Road Initiative, and actively promoted the exports of advantageous industries and deepened economic and trade cooperation between Shandong and Central Asian countries. As of Aug 28, a total …

Shandong boosts collaboration with Central Asia under BRI
1 year, 4 months ago

Shandong boosts collaboration with Central Asia under BRI

China Daily  

A China-Europe freight train carrying 1,040 metric tons of barley departs the first overseas assembly center in Almaty, Kazakhstan on Sept 3. Data shows that in the first four months of this year, Kazakhstan and Uzbekistan ranked as Shandong's top two trading partners among the five Central Asian countries, accounting for 58.6 percent and 29 percent of Shandong's total imports …

New policy measures enrich land-sea trade corridor
1 year, 5 months ago

New policy measures enrich land-sea trade corridor

China Daily  

The General Administration of Customs unveiled 15 policy measures on Friday to enrich the growth of the New International Land-Sea Trade Corridor. Besides better linking the trade corridor with the booming China-Europe freight train services and the Yangtze River Economic Belt, the administration will assist domestic companies in fully utilizing the benefits of the rules of the RCEP pact, and …

New policy measures enrich land-sea trade corridor
1 year, 5 months ago

New policy measures enrich land-sea trade corridor

China Daily  

The General Administration of Customs unveiled 15 policy measures on Friday to enrich the growth of the New International Land-Sea Trade Corridor. Besides better linking the trade corridor with the booming China-Europe freight train services and the Yangtze River Economic Belt, the administration will assist domestic companies in fully utilizing the benefits of the rules of the RCEP pact, and …

Shandong expands ties with Central Asian countries under BRI
1 year, 7 months ago

Shandong expands ties with Central Asian countries under BRI

China Daily  

The China-Shanghai Cooperation Organization Local Economic and Trade Cooperation Demonstration Area. As a gateway to the Asian and European continents, Shandong has leveraged its geographic advantages and convenient transport in both land and sea, integrated into the Belt and Road Initiative, and accelerated the construction of the China-SCO Local Economic and Trade Cooperation Demonstration Area to boost cooperation with five …

China-Europe freight train services expand Shandong's foreign trade
1 year, 7 months ago

China-Europe freight train services expand Shandong's foreign trade

China Daily  

The Qilu China-Europe freight train service boosts foreign trade in Shandong. Shandong province has been working to strengthen the construction of transportation hubs for China-Europe freight train services to boost trade and cooperation with countries and regions involved in the Belt and Road Initiative. There are currently 53 Qilu China-Europe freight train routes that connect Shandong with 56 cities in …

China’s Xi presents development plans for Central Asia
1 year, 7 months ago

China’s Xi presents development plans for Central Asia

Al Jazeera  

Xi Jinping meets leaders of five Central Asian nations at a summit in China, calls for trade and energy development. “That’s a message that he reiterated to the other Central Asian leaders, a message of the friendship of cooperation of China being a reliable partner for the region,” Washington said. “To bolster our cooperation and Central Asian development, China will …

Qingdao FTZ to deepen cooperation with Central Asia
1 year, 10 months ago

Qingdao FTZ to deepen cooperation with Central Asia

China Daily  

A first-ever forum on industry and investment cooperation between China and five Central Asian countries - namely Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - kicked off on Feb 16 in Qingdao in East China's Shandong province. Since the approval of the Qingdao Area of the China Pilot Free Trade Zone, it has been working to expand cooperation with Central Asia, …

Qingdao FTZ to deepen cooperation with Central Asia
1 year, 10 months ago

Qingdao FTZ to deepen cooperation with Central Asia

China Daily  

A first-ever forum on industry and investment cooperation between China and five Central Asian countries - namely Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan - kicked off on Feb 16 in Qingdao in East China's Shandong province. Since the approval of the Qingdao Area of the China Pilot Free Trade Zone, it has been working to expand cooperation with Central Asia, …

Cross-border e-commerce gains steam in Ningbo during past decade
2 years, 3 months ago

Cross-border e-commerce gains steam in Ningbo during past decade

China Daily  

Ningbo Customs officials inspect imported goods. Ningbo in East China's Zhejiang province has emerged as a national hub for cross-border e-commerce since the 18 National Congress of the Communist Party of China. Over the past 10 years, nearly 600 million people from all over the country, including Hong Kong, Macao and Taiwan, have purchased goods through cross-border e-commerce platforms in …

​Jinan to build regional cross-border center for imported goods
2 years, 9 months ago

​Jinan to build regional cross-border center for imported goods

China Daily  

Jinan, capital of East China's Shandong province, aims to develop a regional cross-border commodity center integrating imports, exhibitions, experiences and trade during the 14th Five-Year Plan period, according to its business development plan. Jinan will further strengthen cooperation with countries in the European Union and give full play to the role of the China-Europe freight train service, overseas economic and …

Xiconomics: How people-centered philosophy navigates China's high-quality growth, common development
2 years, 9 months ago

Xiconomics: How people-centered philosophy navigates China's high-quality growth, common development

China Daily  

BOOSTING COMMON DEVELOPMENT From China's growth to the common development of countries worldwide, Xi's economic thought addresses the needs and difficulties of global development through cooperation frameworks such as the Belt and Road Initiative and the Global Development Initiative. The railway, which connects Kunming, the capital city of southwestern China's Yunnan Province, and Vientiane, the capital of Laos, ushered in …

Action taken to ensure foreign trade growth
2 years, 10 months ago

Action taken to ensure foreign trade growth

China Daily  

Vehicles are assembled at Cowin Auto's plant in Yibin, Sichuan province, for export to a total of 10 countries and regions. This huge integrated regional market, with closer ties in production, value and supply chains, will see significant growth in goods and services trade and enhanced economic welfare, thanks to a reduction in trade and investment barriers. The trade pact …

China opens up wider in 2021
3 years ago

China opens up wider in 2021

China Daily  

chinadaily.com.cn| Updated :2022-01-06 China remained steadfast in opening-up wider and further facilitating foreign entry to the country amid uncertainties in the past year. Bucking a sharp drop in global cross-border investment, China attracted $149.34 billion of foreign investment in 2020, maintaining its status as the world's second-biggest recipient of foreign investment. Shortening negative lists for foreign investment China unveiled two …

Shandong furthers opening-up
3 years, 2 months ago

Shandong furthers opening-up

China Daily  

Shandong province has been ramping up efforts to promote the high-quality development of its open economy and build itself into a beacon of opening up in recent years, said local authorities. The 600th Qilu China-Europe freight train of this year departs from Jinan, capital of Shandong province. According to the latest statistics, in the first three quarters of this year, …

China, CEEC boost economic, trade, investment cooperation
3 years, 3 months ago

China, CEEC boost economic, trade, investment cooperation

China Daily  

chinadaily.com.cn | Updated: 2021-09-26 The China-Europe Economic, Trade and Investment and Online Session for China-CEEC Cross-border Industry Investment Promotion is held on Sept 24. The China-Europe Economic, Trade and Investment and Online Session for China-CEEC Cross-border Industry Investment Promotion was held on Sept 24. Organized by the Investment Promotion Agency of the Ministry of Commerce and the Fujian Provincial Department …

China-Europe trains have boosted investment and trade across Eurasia
3 years, 4 months ago

China-Europe trains have boosted investment and trade across Eurasia

China Daily  

A China-Europe Railway Express freight train departs from Dongguan, Guangdong province, for Moscow in January. Editor's Note: Better infrastructure connectivity including the Belt and Road Initiative, especially the China-Europe rail freight network, has played a big role in China becoming the top foreign direct investment destination as well as the top source of outward foreign direct investment in the world, …

More steps to boost foreign trade
3 years, 5 months ago

More steps to boost foreign trade

China Daily  

Infrastructure, new business formats, tech, services will be in focus in 2021-25 China will encourage its pilot free trade zones and comprehensive bonded areas to build global supply warehouses and transportation hubs during the 14th Five-Year Plan period, in order to spur new forms and models of foreign trade, a government official said on Tuesday. Under the GAC's five-year plan, …

Shandong bolsters ties with EU
3 years, 6 months ago

Shandong bolsters ties with EU

China Daily  

Shandong province has been ramping up efforts to boost cooperation and facilitate investment from EU countries in the post-pandemic era, said local officials. The "Connecting Shandong with Fortune Global 500 & Deepening Shandong-EU Cooperation" event is held on June 18. The "Connecting Shandong with Fortune Global 500 & Deepening Shandong-EU Cooperation" event was held on June 18 via both online …

Trade moves to ensure jobs
3 years, 7 months ago

Trade moves to ensure jobs

China Daily  

Cargo is loaded at Qingdao Port, Shandong province. Govt measures set to consolidate stability of supply, industrial chains China will promote the integration of domestic and foreign trade, and consolidate the stability of the supply and industrial chains to ensure jobs for nearly 200 million people during the 14th Five-Year Plan period, a government report said on Wednesday. Global economic …

Cross-border e-commerce fuels Ningbo-CEEC trade growth
3 years, 7 months ago

Cross-border e-commerce fuels Ningbo-CEEC trade growth

China Daily  

Products imported from Serbia are displayed at the Qianwan Free Trade Zone in Ningbo, East China's Zhejiang province. Cross-border e-commerce has emerged as an engine fueling Ningbo's trade with Central and Eastern European countries. A wide range of CEEC commodities stocked in the Qianwan Free Trade Zone in Ningbo, such as dairy products from Poland and baby rice noodles from …

China to boost central provinces' trade, investment
3 years, 7 months ago

China to boost central provinces' trade, investment

China Daily  

Updated: May 24, 2021 By Sun Ruisheng in Taiyuan and Liu Yukun in Beijing chinadaily.com.cn Visitors are seen at the 12th Expo Central China in Taiyuan, North China's Shanxi province on May 21, 2021. China will step up efforts promoting trade and investment in six central provinces, as part of its concerted efforts in facilitating open markets, said an official …

Ningbo CIC to spur nation's trade with CEEC
3 years, 8 months ago

Ningbo CIC to spur nation's trade with CEEC

China Daily  

The new Customs Information Center that began operations on Tuesday in Ningbo, Zhejiang province, is expected to boost the country's trade with Central and Eastern European countries, or CEEC, experts said. Government officials said that the new facility, named China-CEEC Customs Information Center, will create a new digital platform for both sides to expand trade and help China import more …

Nation eases path for multinationals
3 years, 10 months ago

Nation eases path for multinationals

China Daily  

Overseas companies welcome new investment policies For multinational corporations grappling with the coronavirus pandemic, China emerged as a silver lining to their balance sheets last year. Initiatives launched French cosmetics giant L'Oreal, whose China headquarters is located in Shanghai, cited a number of initiatives launched by the local government that helped advance the company's development in the country and achieve …

Shandong to bolster foreign trade, cooperation
3 years, 10 months ago

Shandong to bolster foreign trade, cooperation

China Daily  

The province of Shandong will launch a slew of measures to facilitate foreign trade and explore more cooperation opportunities over the 14th Five-Year Plan period, local authorities announced during a news conference held on March 1 by the Information Office of Shandong Provincial People's Government. According to Zhang Yiying, deputy director of the Shandong Provincial Department of Commerce, imports and …

Foreigners encouraged to invest in more industries
4 years ago

Foreigners encouraged to invest in more industries

China Daily  

By HE WEI in Shanghai and OUYANG SHIJIA in BeijingChina DailyUpdated: January 4, 2021 China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve. The National Development and Reform Commission and the Ministry of Commerce on Monday released a revised …

Foreigners encouraged to invest in more industries
4 years ago

Foreigners encouraged to invest in more industries

China Daily  

By HE WEI in Shanghai and OUYANG SHIJIA in Beijing| China Daily| Updated :2021-01-04 China is enlarging the scope of investment by foreigners with a revised catalog of industries in which such investment is encouraged, a fresh sign of opening-up and high-quality development resolve. The National Development and Reform Commission and the Ministry of Commerce on Monday released a revised …

Shandong furthers opening up
4 years, 1 month ago

Shandong furthers opening up

China Daily  

East China's Shandong province has proved itself to be a top destination for foreign investment with its ever-improving business environment, deepening reform and opening-up efforts. Actual utilized foreign capital reached $10.78 billion, up 27.9 percent, while the province's imports and exports grew 4.2 percent, 3.5 percentage points higher than the national average. The province has fully implemented the "pre-establishment national …

Strong China-Europe rail links boost cargo traffic amid pandemic
4 years, 5 months ago

Strong China-Europe rail links boost cargo traffic amid pandemic

China Daily  

A China-Europe freight train bound for Kyiv, the capital of Ukraine, departs from Xi'an, Shaanxi province, on July 24. TANG ZHENJIANG/XINHUA While the COVID-19 pandemic has brought unprecedented disruption to the world economy, it has also strengthened the rail links between China and Europe, and industry experts believe the growing volume of rail freight between East and West will aid …

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