Shandong gears up for foreign trade growth in 2024
8 months, 4 weeks ago

Shandong gears up for foreign trade growth in 2024

China Daily  

Shandong achieved robust growth in foreign trade in 2023. Shandong is prioritizing the cultivation of new drivers of foreign trade growth in 2024 in an effort to achieve stable and high-quality foreign trade development and expand opening-up. A raft of new policies has been rolled out this year, focusing on fostering leading enterprises in the supply chain, driving the development of cross-border e-commerce, and promoting the country's new export categories, known as the so-called "new trio" — electric passenger cars, lithium-ion batteries, and solar cells. Shandong plans to participate in 263 exhibitions and 10 special matchmaking events overseas this year, helping enterprises explore new markets and enabling more high-quality Shandong products to go global. Nurturing new business models is a key driver of innovation, and Shandong aims to cultivate 50 new cross-border e-commerce brands and 10 cross-border e-commerce trading platforms within the year to expand this sector.

Trade Foreign Trade Shandong  ecommerce  growth  expand  foreign  key  shandong  markets  products  enterprises  2024  trade  gears

History of this topic

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

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

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 …

China pivotal to MNCs' global biz strategy
Trending News
1 month, 3 weeks 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 …

'New energy trio' next growth engine for Asia-Pacific
1 month, 4 weeks ago

'New energy trio' next growth engine for Asia-Pacific

China Daily  

MA XUEJING/CHINA DAILY Chinese-made electric vehicles, lithium batteries and solar photovoltaic products, the "new trio", have been praised and marveled worldwide. This means the Asia-Pacific region can use Chinese new energy products to achieve regional low-carbon transition and boost economic growth and technological advancement, as well as reduce the threat posed by climate change. The Chinese mainland, on its part, …

'New energy trio' next growth engine for Asia-Pacific
1 month, 4 weeks ago

'New energy trio' next growth engine for Asia-Pacific

China Daily  

MA XUEJING/CHINA DAILY Chinese-made electric vehicles, lithium batteries and solar photovoltaic products, the "new trio", have been praised and marveled worldwide. This means the Asia-Pacific region can use Chinese new energy products to achieve regional low-carbon transition and boost economic growth and technological advancement, as well as reduce the threat posed by climate change. The Chinese mainland, on its part, …

Shandong unveils measures to boost agricultural exports
2 months, 2 weeks ago

Shandong unveils measures to boost agricultural exports

China Daily  

Shandong, a major agricultural exporting province in China, has recently released a comprehensive set of ten measures to further enhance its agricultural export capabilities. To expand market access, Shandong plans to establish high-quality agricultural product display and trading centers in major domestic and international distribution hubs, including Beijing, Shanghai, the Guangdong-Hong Kong-Macao Greater Bay Area, and key overseas markets. The …

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

Emerging markets boosting export orders
2 months, 2 weeks 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 …

Shandong's economic zones boost China-Hungary cooperation, expert says
2 months, 3 weeks ago

Shandong's economic zones boost China-Hungary cooperation, expert says

China Daily  

The overseas economic zones, established by Shandong-based companies, play an important role in deepening cooperation between China and Hungary, while also benefitting collaboration between China and Central and Eastern European countries, according to Peto Erno, president of the Hungarian-Chinese Chamber of Economy. Erno shared his view on Shandong's contribution to the bilateral cooperation between China and Hungary in economy and …

Shandong, Germany deepen economic cooperation
3 months, 4 weeks ago

Shandong, Germany deepen economic cooperation

China Daily  

A China - Germany economic and trade cooperation exchange conference takes place in Munich, Germany, on Sept 11. A China - Germany economic and trade cooperation exchange conference was held in Munich, Germany, on Sept 11, with over 200 representatives from the German government, business associations, and Chinese and German enterprises in attendance. Representatives from Shandong and German enterprises and …

Shandong attracts foreign investment with key projects
4 months, 1 week ago

Shandong attracts foreign investment with key projects

China Daily  

Shandong province has been strengthening cooperation with multinational companies and comprehensively enhancing its level of openness to the outside world. As one of the signed projects of the third Qingdao Multinationals Summit in 2022, the high-end, foreign-funded dairy processing plant of Zhongdi Dairy Group in Shandong's Yinan county has a total investment of 1.83 billion yuan. The first phase, with …

Shandong welcomes foreign investment with open arms
4 months, 3 weeks ago

Shandong welcomes foreign investment with open arms

China Daily  

According to a news conference held by the State Council Information Office on Aug 16, the fifth Qingdao Multinationals Summit will be held in Qingdao, a coastal city in East China's Shandong, from Aug 27 to 29. Shandong has emerged as a highly attractive destination for foreign investment thanks to its robust economic growth and comprehensive industrial base. Moreover, Shandong …

Shandong, Japan foster economic ties at industrial cooperation conference
5 months, 1 week ago

Shandong, Japan foster economic ties at industrial cooperation conference

China Daily  

An industrial cooperation conference between Shandong and Japan takes place in Jinan on July 31. An industrial cooperation conference between Shandong and Japan was held in Jinan, Shandong province, on July 31. Shandong has been actively making its business environment friendlier to Japanese companies and investment, and this event has provided an excellent platform for further deepening cooperation between the …

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 …

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 …

Building RCEP region into a big market
7 months, 1 week ago

Building RCEP region into a big market

China Daily  

JIN DING/CHINA DAILY In the two years since the Regional Comprehensive Economic Partnership agreement came into effect, a new regional cooperation architecture featuring shared dividends and common development has taken preliminary shape. Building the RCEP trade area into a big and high-level regional market will not only help boost regional and global economic growth but also stabilize the global economy …

Shandong, Hong Kong, Macao expand multifaceted cooperation
7 months, 1 week ago

Shandong, Hong Kong, Macao expand multifaceted cooperation

China Daily  

Fully leveraging their respective resources, industrial foundations and geographical advantages, Shandong, Hong Kong and Macao are further expanding cooperation and exchanges in multiple fields, including projects, talent, industry and trade. As of the end of the first quarter of this year, 68 Shandong enterprises had been listed on the Hong Kong Stock Exchange, accounting for 54 percent of the province's …

Shandong gears up for foreign trade growth in 2024
8 months, 4 weeks ago

Shandong gears up for foreign trade growth in 2024

China Daily  

Shandong achieved robust growth in foreign trade in 2023. Shandong is prioritizing the cultivation of new drivers of foreign trade growth in 2024 in an effort to achieve stable and high-quality foreign trade development and expand opening-up. A raft of new policies has been rolled out this year, focusing on fostering leading enterprises in the supply chain, driving the development …

Shandong ramps up opening-up for high-quality growth
9 months, 4 weeks ago

Shandong ramps up opening-up for high-quality growth

China Daily  

Container ships sail into the harbor at the Qingdao Port of Shandong Port Group. The Government Work Report has highlighted "expanding high-level opening-up and promoting mutually beneficial cooperation" as a key task for stabilizing foreign trade and attracting foreign investment, which will help in overcoming various risks and challenges, stabilizing economic growth, and enhancing international competitiveness. The Shandong Province Overseas …

China-ASEAN industrial cooperation deepens on RCEP
11 months 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 …

Shandong unveils 2024 development blueprint
11 months, 2 weeks ago

Shandong unveils 2024 development blueprint

China Daily  

Shandong Provincial People's Congress assembled on Jan 22 to attend the read of the report on the work of Shandong Provincial People's Government, a part of the annual two sessions of the province. The importance of attracting foreign investment was highlighted, showcasing a strategic approach to connecting with Fortune 500 companies, fostering innovative business models, and promoting comprehensive development in …

Shandong unveils 2024 development blueprint
11 months, 2 weeks ago

Shandong unveils 2024 development blueprint

China Daily  

Shandong Provincial People's Congress assembled on Jan 22 to attend the read of the report on the work of Shandong Provincial People's Government, a part of the annual two sessions of the province. The importance of attracting foreign investment was highlighted, showcasing a strategic approach to connecting with Fortune 500 companies, fostering innovative business models, and promoting comprehensive development in …

Shandong elevates foreign trade through intermediate goods
1 year ago

Shandong elevates foreign trade through intermediate goods

China Daily  

Shandong province aims to spearhead a dynamic foreign trade agenda in 2024, zeroed in on the expansion of intermediate goods trade. In the global trade landscape, intermediate goods, exemplified by lithium batteries and photovoltaic products in recent years, played a pivotal role in driving China's manufacturing growth. In 2022, Shandong's trade with RCEP member economies saw intermediate goods constituting a …

RCEP boosts Shandong enterprises' global trade opportunities
1 year ago

RCEP boosts Shandong enterprises' global trade opportunities

China Daily  

Residents apply for document in customs office. Shandong enterprises have seized remarkable opportunities in the wake of the Regional Comprehensive Economic Partnership taking effect two years ago, marking a milestone in the region's economic collaboration. With the world's largest free trade area in operation since Jan 1, 2022, Shandong's strategic geographic and industrial advantages have positioned it as a potential …

RCEP boosts Shandong enterprises' global trade opportunities
1 year ago

RCEP boosts Shandong enterprises' global trade opportunities

China Daily  

Residents apply for document in customs office. Shandong enterprises have seized remarkable opportunities in the wake of the Regional Comprehensive Economic Partnership taking effect two years ago, marking a milestone in the region's economic collaboration. With the world's largest free trade area in operation since Jan 1, 2022, Shandong's strategic geographic and industrial advantages have positioned it as a potential …

Shandong's global trade initiatives take flight in 2024
1 year ago

Shandong's global trade initiatives take flight in 2024

China Daily  

Shandong province kicked off the new year with resounding achievements in global trade. In the early hours of Jan 1, Flight 5Y4701 took off from Jinan Yaoqiang International Airport, laden with instruments, marking the region's first airfreight export to New York. Wunaizha Express, as the first cargo ship launched by Shandong's global promotion ceremony in 2024, departed for the eastern …

Two countries capitalizing on their complementary industrial structures
1 year ago

Two countries capitalizing on their complementary industrial structures

China Daily  

Customers shop at the ASEAN goods section of the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 19. Growing trade between the two countries, advantageous tariff rates resulting from free trade agreements, enhanced international capacity cooperation and surging Chinese corporate investment in Vietnam are creating many more opportunities, they said. Amid a global economic slowdown and weakening …

Two countries capitalizing on their complementary industrial structures
1 year ago

Two countries capitalizing on their complementary industrial structures

China Daily  

Customers shop at the ASEAN goods section of the 20th China-ASEAN Expo in Nanning, Guangxi Zhuang autonomous region, on Sept 19. Growing trade between the two countries, advantageous tariff rates resulting from free trade agreements, enhanced international capacity cooperation and surging Chinese corporate investment in Vietnam are creating many more opportunities, they said. Amid a global economic slowdown and weakening …

Shandong Heavy Industry Group strengthens global partnerships
1 year, 1 month ago

Shandong Heavy Industry Group strengthens global partnerships

China Daily  

The Shandong Heavy Industry Group Global Partner Conference and a product exhibition were held in Dubai, the United Arab Emirates on Nov 25. As this year marks the 10th anniversary of the Belt and Road Initiative, Shandong Heavy Industry Group has initiated a series of global partner conferences to strengthen cooperation with its peers. The Shandong Heavy Industry Group is …

Shandong contributes greatly to BRI development
1 year, 2 months ago

Shandong contributes greatly to BRI development

China Daily  

WANG XIAOYING/CHINA DAILY East China's Shandong province has actively integrated itself into the national opening-up strategy since the launch of the Belt and Road Initiative. According to official statistics, the number of BRI countries with annual trade volume exceeding 10 billion yuan with Shandong increased from 18 to 30 from 2013 to 2022. Over the past 10 years, Shandong's trade …

Shandong boosts partnership with Central Asia
1 year, 4 months ago

Shandong boosts partnership with Central Asia

China Daily  

The China-SCO Local Economic and Trade Cooperation Demonstration Area is located in Jiaozhou, Qingdao, Shandong province. It has also actively participated in and integrated itself into the development of the Belt and Road Initiative, and strengthened cooperation with the five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan. Uzbek Commodity Exchange opens branch in SCODA At the end of …

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 …

Shandong ramps up green efforts with plan for low-carbon pilot zone
1 year, 4 months ago

Shandong ramps up green efforts with plan for low-carbon pilot zone

China Daily  

Visitors check a model of a clean energy project during the Green, Low-carbon and High-quality Development Conference in Yantai, Shandong province, on Aug 28. At an industrial park in Yantai, Shandong province, a truck is filled with liquid carbon dioxide on Aug 28 and heads for Weihai, neighboring Yantai. Built by Moon Environment Technology Co Ltd, two cylinder-shaped containers hold …

Shandong sees trade with BRICS countries rise
1 year, 4 months ago

Shandong sees trade with BRICS countries rise

China Daily  

Uploaded containers are seen at Qingdao Port in Shandong province on Jan 9, 2023. According to statistics provided by Qingdao Customs, since the official launch of the BRICS cooperation mechanism in 2009, Shandong's trade volume with the other four members - Russia, India, Brazil and South Africa - has grown at an average annual rate of 13.1 percent. In the …

Shandong issues 255,000 RCEP certificates of origin
1 year, 4 months ago

Shandong issues 255,000 RCEP certificates of origin

China Daily  

By the end of July, East China's Shandong province had issued 255,000 certificates of origin under the Regional Comprehensive Economic Partnership, ranking it first in the country by this metric. The certificates involved 67.61 billion yuan of exported goods, and local enterprises can enjoy tariff concessions of nearly 700 million yuan in destination countries. Increasing numbers of foreign trade enterprises …

Shandong sees trade with BRICS countries rise
1 year, 4 months ago

Shandong sees trade with BRICS countries rise

China Daily  

Uploaded containers are seen at Qingdao Port in Shandong province on Jan 9, 2023. According to statistics provided by Qingdao Customs, since the official launch of the BRICS cooperation mechanism in 2009, Shandong's trade volume with the other four members - Russia, India, Brazil and South Africa - has grown at an average annual rate of 13.1 percent. In the …

Shandong promotes stable growth of foreign trade, investment
1 year, 5 months ago

Shandong promotes stable growth of foreign trade, investment

China Daily  

Uploaded containers are seen at Qingdao Port in Shandong province on Jan 9, 2023. Shandong province recently launched 26 measures aimed at achieving higher-standard opening up, promoting stable growth of foreign trade and investment, and optimizing the business environment. Steps will be taken to strengthen export credit support, refine foreign exchange services, expedite the process for export rebates, and help …

Shandong registers record high foreign trade in H1
1 year, 5 months ago

Shandong registers record high foreign trade in H1

China Daily  

Qingdao Port, Shandong province. The foreign trade of East China's Shandong province rose 1.8 percent year-on-year to 1.56 trillion yuan in the first half of the year, the best performance in its history, according to official data released by the local customs authorities on July 18. During the Jan-June period, the imports and exports volume of Shandong's private enterprises hit …

Shandong maps out blueprint for cross-border e-commerce
1 year, 5 months ago

Shandong maps out blueprint for cross-border e-commerce

China Daily  

To boost cross-border e-commerce and promote the stable growth of foreign trade, Shandong province will implement 44 measures, including the construction of cross-border e-commerce industrial belts, cultivation of well-known brands, financial and logistics services, and improvement of trade facilitation, according to a three-year action plan released on July 11. According to the plan, Shandong will ramp up efforts to build …

RCEP boosts confidence in trade, regional cooperation
1 year, 6 months ago

RCEP boosts confidence in trade, regional cooperation

China Daily  

HEFEI - On June 2, the day the Regional Comprehensive Economic Partnership entered into force in the Philippines, Chizhou Customs in East China's Anhui province issued an RCEP Certificate of Origin for a batch of goods exported to the Southeast Asian country. Yang Jun, chairman of Conch Group Co Ltd, a leader in China's cement industry, said on Friday that …

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 …

Shandong sees 27.2% growth in BRI trade
1 year, 7 months ago

Shandong sees 27.2% growth in BRI trade

China Daily  

In the first quarter of this year, Shandong's trade with countries and regions involved in the Belt and Road Initiative increased by 27.2 percent year-on-year, hitting 315.46 billion yuan. From January to March, the export volume between Shandong and BRI countries reached 163.24 billion yuan, up 27.4 percent, while imports stood at 152.22 billion yuan, up 27.1 percent. Proposed in …

Shandong sees sustained momentum in RCEP trade
1 year, 8 months ago

Shandong sees sustained momentum in RCEP trade

China Daily  

East China's Shandong province has been focusing on boosting exports to other signatory economies of the Regional Comprehensive Economic Partnership agreement, which will help sustain the province's foreign trade growth this year. In the first quarter of this year, Shandong's imports and exports to other RCEP member states increased by 14.3 percent year-on-year to 290.82 billion yuan, accounting for 38 …

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 …

Chinese manufacturers hail closer economic ties with RCEP countries
1 year, 9 months ago

Chinese manufacturers hail closer economic ties with RCEP countries

China Daily  

Vehicles with RCEP written on the body are seen at a port. Situated in South China's Guangxi Zhuang autonomous region, which faces RCEP economies in Southeast Asia, the company has achieved a string of breakthroughs in overseas markets this year, riding the wave of China's economic recovery and booming China-RCEP cooperation. Our sales network in the region is fairly complete," …

Shandong stabilizes foreign trade, investment
1 year, 11 months ago

Shandong stabilizes foreign trade, investment

China Daily  

Containers at a port in Qingdao, East China's Shandong province, on Jan 22, 2023. East China's Shandong province plans to ramp up efforts to stabilize foreign trade and investment and expand opening-up this year, according to officials from the Department of Commerce of Shandong. Official data showed that in 2022, the total value of Shandong's foreign trade reached a record …

Agreement injects impetus into Asia-Pacific trade
1 year, 11 months ago

Agreement injects impetus into Asia-Pacific trade

China Daily  

While most people were enjoying a good rest to usher in the New Year, warehouses in Guangxi Wuzhou Rixin Plastics Industrial Co Ltd were moving into top gear for a new consignment of exports. The RCEP agreement, which entered into force on Jan 1, 2022, comprises 15 Asia-Pacific countries, including 10 ASEAN member states and five major trading partners — …

Shandong foreign trade benefits from RCEP
2 years ago

Shandong foreign trade benefits from RCEP

China Daily  

As the Regional Comprehensive Economic Partnership agreement, or RCEP, has been implemented in more countries, foreign trade companies in Shandong have been leveraging the chance to achieve further development. In 2022, Yantai Longda Foostuffs Co applied for 1,083 RCEP certificates of origin from customs, with the value of export benefits reaching 291 million yuan. Among them, trade made with countries …

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