Action taken to ensure foreign trade growth
2 years, 9 months ago

Action taken to ensure foreign trade growth

China Daily  

By LIU ZHIHUA in Beijing and HU MEIDONG in Fuzhou | CHINA DAILY | Updated: 2022-03-08 07:12 Containers are unloaded at Lianyungang Port, Jiangsu province. Yin, from Hubei Kingshan Lighting Electrico, said many of the measures, which are highly detailed, are expected to result in immediate and significant help for foreign trade enterprises facing numerous uncertainties and challenges. He said measures to accelerate export tax rebates, increase export credit support, and improve export credit insurance, which protects against the risk of orders being canceled before shipment, are important in avoiding financial risks, especially for micro, small and medium-sized enterprises. Gao Shiwang, director of the industry development department at the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, said enterprises have welcomed measures aimed at helping them improve cash flows and avoid financial risks. He also stressed that to better cope with challenges and difficulties, foreign trade companies could adopt many measures to improve operations, enhance efficiency and increase profitability.

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History of this topic

Tailwinds favoring foreign trade enterprises
Trending News
1 week, 1 day 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 …

Tailwinds favoring foreign trade enterprises
Trending News
1 week, 1 day 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 …

China's Yiwu to launch new round of intl trade reforms
1 week, 5 days ago

China's Yiwu to launch new round of intl trade reforms

China Daily  

China's Yiwu to launch new round of intl trade reforms Xinhua Updated: Dec 12, 2024 Overseas buyers seen at the sporting goods section at Yiwu International Trade City in Yiwu, Zhejiang province. SHI BUFA/FOR CHINA DAILY BEIJING -- The Eastern Chinese city of Yiwu, known as the "world's supermarket" and a key supplier for Chinese cross-border e-commerce platforms, is set …

Nation steps up efforts to bolster import and export growth
Trending News
2 weeks, 4 days 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
2 weeks, 4 days 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 …

Global firms mark up expectations of China
3 weeks, 1 day ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

Global firms mark up expectations of China
3 weeks, 1 day ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

Global firms mark up expectations of China
3 weeks, 1 day ago

Global firms mark up expectations of China

China Daily  

By CHENG YU | China Daily | Updated: 2024-12-02 10:20 Delegates watch and take photos of a dancing humanoid robot during the seventh China International Import Expo in Shanghai on Nov 6. However, at the China International Import Expo, a major international event held in Shanghai in November each year, the brand growth cycle that used to be measured in …

China strengthens policy support for foreign trade development
1 month 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 …

Resilience and innovation key to e-commerce success
1 month ago

Resilience and innovation key to e-commerce success

China Daily  

Chinese entrepreneurs are reshaping cross-border e-commerce through resilience and innovation amid geopolitical tensions, according to latest industry analysis. Max Liang, senior business development director at Zyla, a subsidiary of fintech major Ant Group, stressed the critical role of compliance with local laws in achieving long-term success in cross-border e-commerce. "Chinese brands are shifting from B2B and B2C models to M2C …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors experience lens products from German optical systems company ZEISS Group at its booth during the seventh CIIE in Shanghai on Nov 9. Highlighting that this grand event has established itself as a premier venue for global product debuts for seven years, Arnold Li, senior vice-president of Ingersoll Rand Inc, a US industrial goods manufacturer and seven-time participant at the …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. TANG KE/FOR CHINA DAILY Three or four decades ago, multinational corporations used to take a simple approach while conducting their businesses in China. A large number of global companies have leaned heavily on the …

China pivotal to MNCs' global biz strategy
Trending News
1 month ago

China pivotal to MNCs' global biz strategy

China Daily  

Visitors check large aircraft parts from Swedish technology group Hexagon AB at its booth during the seventh China International Import Expo in Shanghai on Nov 5. TANG KE/FOR CHINA DAILY Three or four decades ago, multinational corporations used to take a simple approach while conducting their businesses in China. A large number of global companies have leaned heavily on the …

Quzhou's cross-border e-commerce shows great potential in global trade
1 month ago

Quzhou's cross-border e-commerce shows great potential in global trade

China Daily  

chinadaily.com.cn| Updated :2024-11-18 In July this year, the South Korea-China Entrepreneurs Exchange Association signed a cooperation framework agreement with the Quzhou Intelligent Manufacturing New City Cross-Border E-Commerce Public Service Center, proposing to establish a Quzhou overseas warehouse and exhibition hall in South Korea. According to Quzhou Customs, from January to September this year, the export value of goods through the …

Cross-border e-commerce growing in China
1 month, 1 week 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, …

Chinese enterprises' global expansion: Balancing growth and localization
1 month, 2 weeks ago

Chinese enterprises' global expansion: Balancing growth and localization

China Daily  

At the 2024 China Enterprise High Quality Going Overseas Forum in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally. At the 2024 China Enterprise High Quality Going Overseas Forum held recently in Beijing, experts and industry leaders shared insights into how Chinese companies can strategically expand globally, embracing high-quality development in increasingly complex …

Foreign trade poised for steady growth amid headwinds
1 month, 2 weeks ago

Foreign trade poised for steady growth amid headwinds

China Daily  

By Zhong Nan and Ouyang Shijia in Shanghai | China Daily | Updated: 2024-11-08 07:09 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 …

Shanghai's Pudong New Area to further open doors for foreign firms
Trending News
1 month, 2 weeks ago

Shanghai's Pudong New Area to further open doors for foreign firms

China Daily  

A view of Shanghai's Pudong New Area. Continued opening-up in Pudong New Area of Shanghai will help to provide more business opportunities to multinational companies, said officials and companies' top executives. Zhu Zhisong, Party secretary of Pudong New Area, said at the meeting that Pudong will further promote institutional opening-up and better align with the international high-standard economic and trade …

Shanghai's Pudong New Area to further open doors for foreign firms
Trending News
1 month, 2 weeks ago

Shanghai's Pudong New Area to further open doors for foreign firms

China Daily  

A view of Shanghai's Pudong New Area. Continued opening-up in Pudong New Area of Shanghai will help to provide more business opportunities to multinational companies, said officials and companies' top executives. Zhu Zhisong, Party secretary of Pudong New Area, said at the meeting that Pudong will further promote institutional opening-up and better align with the international high-standard economic and trade …

Deep Dive into Guangxi's Fruit Trade Boom: A Gateway to ASEAN
Trending News
1 month, 4 weeks ago

Deep Dive into Guangxi's Fruit Trade Boom: A Gateway to ASEAN

China Daily  

The article highlights the significant role played by the China-ASEAN pilot free trade zone in deepening economic links between China and ASEAN member countries. The zone's strategic location and infrastructure have attracted numerous businesses and investors, fostering trade and investment in the region. The flourishing fruit trade has created numerous opportunities for entrepreneurs and contributed to Guangxi's economic growth. The …

Deep Dive: Boosting Trade with ASEAN in the Heart of China's Gateway to the Region
1 month, 4 weeks ago

Deep Dive: Boosting Trade with ASEAN in the Heart of China's Gateway to the Region

China Daily  

Deepening economic links with ASEAN, the pilot free trade zone in Guangxi is fostering trade and investment between China and Southeast Asia. The zone has attracted numerous businesses and investors, with a focus on agricultural products and cross-border trade. The pilot FTZ's policies and infrastructure have created a conducive environment for businesses to thrive, leading to increased exports and economic …

Emerging Markets Driving Export Orders: Boosting Trade with Southeast Asia, Middle East, and South America
2 months ago

Emerging Markets Driving Export Orders: Boosting Trade with Southeast Asia, Middle East, and South America

China Daily  

Emerging markets are playing a significant role in boosting Chinese export orders, with a 37 percent increase in orders to these regions this year. This growth is driven by factors such as the diversification of China's export markets, increasing business and consumer demand in emerging regions, and changing global trade dynamics.

FTZ Deepens China-ASEAN Economic Ties with Fruit Processing Hub in Guangxi
2 months ago

FTZ Deepens China-ASEAN Economic Ties with Fruit Processing Hub in Guangxi

China Daily  

The article highlights the significant role of the China-ASEAN Free Trade Zone (FTZ) in deepening economic and trade ties between China and ASEAN. The FTZ has facilitated the growth of agricultural product trade between the two regions, with Guangxi, China, being a major beneficiary of this growth. The FTZ's policies and infrastructure have created a favorable environment for businesses and …

Emerging markets boosting export orders
2 months ago

Emerging markets boosting export orders

China Daily  

Emerging markets boosting export orders By ZHONG NAN China Daily Updated: Oct 22, 2024 View of Chinese-made vehicles to be exported at Yantai Port in Shandong province on Oct 14. "After mid-October, we will focus on non-Christmas-themed toys and expanding into emerging markets," said Wang, adding the company's total export orders for the Christmas season have reached 6.95 million yuan …

Appliance makers chart big overseas expansion
2 months, 1 week ago

Appliance makers chart big overseas expansion

China Daily  

Employees work on a TV production line at Hisense's industrial park in Atlantis, Western Cape province, South Africa, in April. WU XIAOHUI/CHINA DAILY Chinese home appliance makers are ratcheting up efforts to expand their presence in overseas markets and increase investments in localized operations covering research and development, production and marketing. Experts said establishing overseas manufacturing bases and production lines …

Chinese businesses advised to identify distinct markets overseas
2 months, 3 weeks ago

Chinese businesses advised to identify distinct markets overseas

China Daily  

More than 80 representatives from businesses and universities gathered in Shanghai on Saturday to discuss the opportunities and challenges faced by Chinese companies looking to go international. Hu Jie, a professor of practice at the Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University, highlighted in his keynote address that economic globalization has entered into a new era, where …

Artificial intelligence makes e-commerce even more efficient
2 months, 3 weeks ago

Artificial intelligence makes e-commerce even more efficient

China Daily  

China Daily | Updated: 2024-09-27 10:12 A robot poses during the 2024 China International Fair for Trade in Services in Beijing on Sept 12. The digital livestreamer named Yanxi has completed over 400,000 hours of livestreaming for more than 5,000 brands, attracting at least 100 million views, said a staff member at the booth of Chinese e-commerce giant JD.com at …

E-commerce enterprises punching above weight
3 months 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 …

Jiaxing sees expanded foreign trade in Jan-Aug
3 months ago

Jiaxing sees expanded foreign trade in Jan-Aug

China Daily  

chinadaily.com.cn| Updated : Sep 20, 2024 Jiaxing's ports have been bustling with activity, reflecting steady growth in foreign trade. To maintain and enhance foreign trade amidst challenges like weakening demand and insufficient orders, Jiaxing is stabilizing traditional markets, expanding into new ones, and adjusting industrial structures. By July, exports of traditional products like furniture, bags, and textiles reached 54.96 billion …

Guangdong foreign trade sweeps upward
3 months, 1 week 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 …

Foreign firms enthusiastic about opening-up progress
3 months, 1 week ago

Foreign firms enthusiastic about opening-up progress

China Daily  

Q4 While China is expanding opening-up, some are concerned that geopolitical tensions, rising protectionism and global supply chain adjustments may weaken China's attractiveness to foreign companies. Our investments in China are in line with BASF's strategy of producing where our customers are and where there is market growth. Zheng: Illumina continues to see China as a crucial part of our …

Cross-border e-commerce shows solid uptrend
3 months, 1 week 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, 1 week 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
3 months, 1 week 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 …

Dongying bolsters foreign trade and investment to drive business growth
3 months, 3 weeks ago

Dongying bolsters foreign trade and investment to drive business growth

China Daily  

This year, Dongying in East China's Shandong province has bolstered its foundation in foreign trade and investment. This year, Dongying has leveraged export credit insurance policies to support 420 companies, facilitating foreign trade exports totaling more than $700 million. From January to July, the city’s foreign trade import and export volume reached 156.85 billion yuan, marking a 13.2% year-on-year increase. …

Chinese funds help energize Global South
3 months, 3 weeks ago

Chinese funds help energize Global South

China Daily  

An employee works on an assembly line of electric buses, whose components are imported from China, in Addis Ababa, Ethiopia, in March. Today, Chinese firms, especially those engaged in sectors like high-end manufacturing and trade-in services, are adapting their strategies to better align with the changing global market environment. Over the past five years, with the global landscape evolving rapidly, …

Qingdao: A magnet for multinational investment
4 months ago

Qingdao: A magnet for multinational investment

China Daily  

Qingdao, a pivotal gateway for Shandong's economic opening, is rapidly becoming a hub for multinational corporations seeking to capitalize on China's burgeoning market. Diehl Group, a leading global player in the electronic control systems for home appliances, recently celebrated the first anniversary of its production base at the Sino-German Ecopark in Qingdao West Coast New Area. This $40 million facility …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

China Daily| Updated :2024-08-20 Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its …

Steps to bolster service trade
4 months ago

Steps to bolster service trade

China Daily  

Tourists enjoy a seaside barbecue at Zaihaiyifang Park in Lianyungang, Jiangsu province, Aug 16, 2024. China will accelerate the development of trade in services as part of its efforts to expand high-level opening-up and foster new drivers for foreign trade growth, the State Council, the country's Cabinet, said on Monday. In a move to bolster its service trade capabilities, China …

Qingdao unveils measures to boost foreign trade
4 months, 1 week ago

Qingdao unveils measures to boost foreign trade

China Daily  

Qingdao has announced a series of comprehensive measures to solidify its role as a major player in foreign trade and stimulate economic growth. The measures focus on five key areas: fostering high-caliber trade entities, improving the quality of foreign trade, developing innovative trade models, enhancing the business environment in foreign trade, and strengthening service support. Furthermore, the measures address the …

High-level opening-up to benefit other nations
4 months, 2 weeks ago

High-level opening-up to benefit other nations

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. And the fact that the recent third plenary session of the 20th Central Committee of the Communist Party of China has vowed to promote "high-standard opening-up" means a vast range of new opportunities will be created for other countries, especially developing countries, including Brazil. While the …

High-level opening-up to benefit other nations
4 months, 2 weeks ago

High-level opening-up to benefit other nations

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. And the fact that the recent third plenary session of the 20th Central Committee of the Communist Party of China has vowed to promote "high-standard opening-up" means a vast range of new opportunities will be created for other countries, especially developing countries, including Brazil. While the …

Foreign trade to stay resilient in second half
4 months, 2 weeks 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
4 months, 3 weeks 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 …

China taking steps to expand market access
4 months, 3 weeks ago

China taking steps to expand market access

China Daily  

Large ships under construction at a shipyard in Rongcheng, Shandong province. LI XINJUN/FOR CHINA DAILY China is taking significant steps to expand market access and encourage foreign investment across a wide range of industries such as finance, manufacturing and services, the Ministry of Commerce said on Friday. China is revising and will publish the regulations for strategic investments by foreign …

Policies to expand foreign trade will give competitiveness a boost
4 months, 3 weeks 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
4 months, 3 weeks 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 …

Policy thrust set to safeguard commerce
5 months ago

Policy thrust set to safeguard commerce

China Daily  

BYD vehicles bound for Brazil await shipment in Lianyungang, Jiangsu province. China's resolve to intensify its efforts to harmonize foreign trade policies with fiscal, tax, financial and industrial policies will foster a robust institutional framework to cement the country's position as a trading powerhouse and better underpin economic growth, experts said after reviewing the highlights of a recent tone-setting meeting. …

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