Articles for Services Trade

Merchandise trade deficit and services trade surplus to touch record high in Q3
2 weeks, 4 days ago

Merchandise trade deficit and services trade surplus to touch record high in Q3

Deccan Chronicle  

Chennai: In the December quarter, Indian trade will see both merchandise trade deficit and services trade surplus touching record high levels. The goods trade deficit is likely to touch a record high of $80 billion while services trade surplus too could register a fresh high of around $49 billion in Q3 FY25. The global trade in commercial services grew at …

Global Trade Services Merchandise High Billion Cent
Trump tariffs could hit UK goods trade as hard as Brexit, says think tank
2 weeks, 5 days ago

Trump tariffs could hit UK goods trade as hard as Brexit, says think tank

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Brexit British Britain Goods Services Trade Trump Tariffs Think Tank
Digital trade development key to growth
3 weeks, 2 days ago

Digital trade development key to growth

China Daily  

China's latest push to promote the reform and innovative development of digital trade is expected to foster new growth drivers for foreign trade, inject fresh impetus into high-quality economic development and strengthen its position as a strong trading nation, experts said. Zhu Keli, founding director of the China Institute of New Economy, said the guideline has set the direction for …

China Digital Digital Trade Services Trade Guideline Development Key
Trade cooperation to boost East Asian economy
3 weeks, 4 days ago

Trade cooperation to boost East Asian economy

China Daily  

WANG XIAOYING/CHINA DAILY The geopolitical and geo-economic landscapes will likely undergo profound changes after Donald Trump is sworn in as the United States president in January. Need to make new breakthroughs Trade and economic cooperation among China, Japan and the ROK has reached a critical juncture, from where they can "fall behind if not advancing". Since the next three to …

China Trade Japan Market Services Economic Cooperation
Qingdao FTZ hosts tire export seminar
3 weeks, 5 days ago

Qingdao FTZ hosts tire export seminar

China Daily  

The Qingdao Free Trade Zone hosted a tire export seminar on Nov 22, as part of its efforts to build the West Coast International Energy Free Trade Port and a bulk commodity resource hub. Over 30 representatives from firms dealing in tire exports, logistics, platforms, and finance gathered to explore the latest trends, opportunities, and challenges in the industry. Experts …

Export Qingdao Ftz Seminar Hosts Tire
Trump's tariffs will worry India, but wait, there’s more
1 month ago

Trump's tariffs will worry India, but wait, there’s more

Live Mint  

The return of Donald Trump to the US presidency has raised fears worldwide of a trade war. This resulted in a trade war with several countries, including China and India, which imposed retaliatory tariffs on US goods. Besides an increase in average tariffs on Indian imports, the number of tariff lines subject to tariffs of 25% or more rose from …

Global China Trade Trump Average Tariffs Goods
Labor market tightness eased slightly last quarter
1 month ago

Labor market tightness eased slightly last quarter

NL Times  

Labor market tightness in the Netherlands decreased slightly in the third quarter of this year, according to Statistics Netherlands. From July to September, there were 106 job openings per 100 unemployed people, down from 108 in the previous quarter. Trade saw a noticeable increase in job openings after nine quarters of decline, while healthcare and business services saw a slight …

Quarter Cbs
Trade in services experiencing exponential growth
3 months ago

Trade in services experiencing exponential growth

China Daily  

A visitor experiences a passenger-carrying autonomous aerial vehicle during the 2024 CIFTIS in Beijing on Sept 13. "Since China's manufacturing investment and goods trade have remained at a high level, trade in services plays an even more important role to drive high-quality economic growth and new quality productive forces," said Jiang Hao, a partner at global management consultancy Roland Berger. …

Growth China Trade Development Quality Saudi Arabia Saudi
China to expand trade in services within APAC, boost openness
3 months, 1 week ago

China to expand trade in services within APAC, boost openness

China Daily  

The skyline of Beijing. Fueled by a galloping services sector, digital technologies and industrial chain advantages, China's trade in services is set to become a key driver in supporting economic growth in the Asia-Pacific region and attracting foreign investment, said economists and business leaders on Friday. China will increasingly engage in services trade within the Asia-Pacific region through abundant high-quality …

Global China Trade Services Foreign Investment Beijing Foreign
China to expand trade in services within APAC, boost openness
3 months, 1 week ago

China to expand trade in services within APAC, boost openness

China Daily  

The skyline of Beijing. Fueled by a galloping services sector, digital technologies and industrial chain advantages, China's trade in services is set to become a key driver in supporting economic growth in the Asia-Pacific region and attracting foreign investment, said economists and business leaders on Friday. China will increasingly engage in services trade within the Asia-Pacific region through abundant high-quality …

Global China Trade Services Foreign Investment Beijing Foreign
Negative list management system in place for cross-border trade
3 months, 3 weeks ago

Negative list management system in place for cross-border trade

China Daily  

Photo shows a view of Nansha Port in Guangzhou, South China's Guangdong province. China will establish and improve a negative list management system for cross-border trade in services, said a policy document released by the State Council, the country's Cabinet, on Monday. A comprehensive negative list for cross-border trade in services will be implemented, accompanied by the establishment of a …

China Trade Services
China further relaxes foreign investment restrictions, vows to promote services trade
4 months ago

China further relaxes foreign investment restrictions, vows to promote services trade

China Daily  

Lujiazui, the financial center in Shanghai, forms a perfect backdrop to the Bund area. BEIJING -- An executive meeting of the State Council, presided over by Premier Li Qiang on Monday, reviewed and approved four documents, discussed policy measures to support the high-quality development of innovative small and medium-sized enterprises, and approved five nuclear power projects. The meeting stressed that …

China Trade Development Services Foreign Investment Meeting Services Trade
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 …

International Trade Port Foreign Trade Qingdao Measures
Self-driving company WeRide on track for US IPO
4 months, 1 week ago

Self-driving company WeRide on track for US IPO

China Daily  

Visitors observe a WeRide robobus at the second Global Digital Trade Expo in Hangzhou, Zhejiang province, on Nov 23. LONG WEI/FOR CHINA DAILY Chinese autonomous driving company WeRide is looking for its shares to take a ride on the Nasdaq. WeRide, based in Guangzhou in South China's Guangdong province, plans to offer 6.45 million American depositary shares, or ADS, at …

China Vehicles Company Sec Weride Chinese Autonomous
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 …

China Market Companies Developing Developing Countries Brazil Countries
每日一词|共享工厂 shared factory
5 months, 4 weeks ago

每日一词|共享工厂 shared factory

China Daily  

6月20日，广东预制菜企业在海外设立的首个“共享工厂”成功生产出首批产品——粤式饺子，并在新西兰的一家连锁门店上市。 The first Cantonese-style dumplings produced at the first overseas "shared factory" of a ready-made food enterprise in south China's Guangdong Province appeared on shelves at a New Zealand chain store on June 20. 【知识点】 共享工厂就是对各类生产经营资源进行整合重组的工厂订单外包模式的一种新方式。今年5月16日，由广东预制菜出海产业联盟组织的10余家企业组成的预制菜出海投资考察团前往澳大利亚和新西兰，积极探索广东预制菜国际化路径及建设海外“共享工厂”的落地可行性。本次考察团回国后立即推动“共享工厂”落地。5月31日，广州某食品科技有限公司与新西兰某预制菜有限公司成立跨国合资公司，并将首批产品定为新西兰消费者较易接受的“饺子”。经过近一个月的紧张筹备，拥有纯正广东风味的“饺子”就在新西兰市场正式上架。 与以往将成品运送至海外的传统出口模式不同，此次饺子出海实现了国内外资源整合的轻资本、集约化的新型出口模式——由国内企业提供生产配方和设备，新西兰企业提供原材料和技术，在新西兰制作生产并在当地市场销售。这种合作模式不仅缩短了产品从生产到消费的周期，也降低了流通成本，使得海外消费者能够便利地在当地享受到地道的新鲜粤式美食。此次“共享工厂”研发生产的首批产品，主要是猪肉白菜、韭菜鸡蛋、香菇青菜等薄皮饺子。其口味丰富多元，皮儿薄、馅儿足、汁水多，适合当地人口味。 【重要讲话】 中国愿同各国各方一道，以服务开放推动包容发展，以服务合作促进联动融通，以服务创新培育发展动能，以服务共享创造美好未来，携手推动世界经济走上持续复苏轨道。 In developing the services sector and trade in services, China will work with all countries and parties to advance inclusive development …

Trade deficit widens to USD 18.71 billion in Feb as both imports, exports rise
9 months, 1 week ago

Trade deficit widens to USD 18.71 billion in Feb as both imports, exports rise

New Indian Express  

NEW DELHI: India’s trade deficit increased to $18.71 billion in February from $17.49 billion in January, with imports exceeding exports, amid red sea crisis, as per recent official data. Goods imports surged to $60.11 billion in February from $54.41 billion in January, while exports increased to $41.40 billion from $36.92 billion. Goods exports grew by 11.86% compared to $37.01 billion …

Trade Deficit Billion Deficit Widens Feb Barthwal Trade Deficit Widens Imports Exports
WTO MC13 | Services trade issues get less attention at WTO despite having over 20% share in world trade
9 months, 3 weeks ago

WTO MC13 | Services trade issues get less attention at WTO despite having over 20% share in world trade

The Hindu  

Trade in services such as movement of skilled professionals accounts for over 20% of the global commerce but the sector is still not getting sufficient attention in the negotiations of the WTO, according to experts and officials. “There are enough issues related to trade are there to discuss in the WTO like sanitary and phytosanitary issues, technical barriers to trade …

India Trade Services Developing Countries Countries Nations Issues
Free trade zone breathes new life into commerce
1 year, 2 months ago

Free trade zone breathes new life into commerce

China Daily  

After four years of development, the Qingdao Area of the China Pilot Free Trade Zone, or Qingdao FTZ, has made significant strides in improving its business environment and provision of services. Its international trade and financial service center has attracted 42 service agencies including banks, insurance and accounting firms, law firms and arbitration institutions that provide investment and financing services. …

Business China Financial Services Service Qingdao Qingdao Ftz
NCDRC Holds Real Estate Developer, Shreeniwas Cotton Mills Ltd. (“World One” Project) Liable For Unfair Trade Practices And Deficiency In Services
1 year, 2 months ago

NCDRC Holds Real Estate Developer, Shreeniwas Cotton Mills Ltd. (“World One” Project) Liable For Unfair Trade Practices And Deficiency In Services

Live Law  

The National Consumer Disputes Redressal Commission, presided over by Mr Subhash Chandra allowed a consumer complaint and held that real estate developer is liable for unfair trade practices and deficiency in services. Brief Facts This consumer case involves complainants who raised concerns about unfair trade practices and inadequate service provided by a property developer "Shreeniwas Cotton Mills Ltd". Furthermore, the …

Real Estate Project Cotton Commission Complainant Developer Possession
China's vibrant drive for greater trade liberalization invigorates global services trade
1 year, 3 months ago

China's vibrant drive for greater trade liberalization invigorates global services trade

China Daily  

Visitors learn about a new vehicle of Tesla during the 2023 China International Fair for Trade in Services at China National Convention Center in Beijing, capital of China, Sept 3, 2023. BEIJING -- China has long been wedded to bolstering services trade across the world, viewing it as a key component in the country's growth strategy and international cooperation. In …

Business Global International World Services Tesla Chinese
China's vibrant drive for greater trade liberalization invigorates global services trade
1 year, 3 months ago

China's vibrant drive for greater trade liberalization invigorates global services trade

China Daily  

Visitors learn about a new vehicle of Tesla during the 2023 China International Fair for Trade in Services at China National Convention Center in Beijing, capital of China, Sept 3, 2023. BEIJING -- China has long been wedded to bolstering services trade across the world, viewing it as a key component in the country's growth strategy and international cooperation. In …

Business Global International China Trade World Services
习近平向2023年中国国际服务贸易交易会全球服务贸易峰会发表视频致辞
1 year, 3 months ago

习近平向2023年中国国际服务贸易交易会全球服务贸易峰会发表视频致辞

China Daily  

9月2日上午，国家主席习近平在北京向2023年中国国际服务贸易交易会全球服务贸易峰会发表视频致辞。 习近平指出，当前，百年变局加速演进，世界经济复苏动力不足。服务贸易是国际贸易的重要组成部分，服务业是国际经贸合作的重要领域。全球服务贸易和服务业合作深入发展，数字化、智能化、绿色化进程不断加快，新技术、新业态、新模式层出不穷，为推动经济全球化、恢复全球经济活力、增强世界经济发展韧性注入了强大动力。 习近平强调，今年是中国改革开放45周年，中国将坚持推进高水平对外开放，以高质量发展全面推进中国式现代化，为各国开放合作提供新机遇。中国愿同各国各方一道，以服务开放推动包容发展，以服务合作促进联动融通，以服务创新培育发展动能，以服务共享创造美好未来，携手推动世界经济走上持续复苏轨道。 我们将打造更加开放包容的发展环境。扩大面向全球的高标准自由贸易区网络，积极开展服务贸易和投资负面清单谈判，扩大电信、旅游、法律、职业考试等服务领域对外开放，在国家服务业扩大开放综合示范区以及有条件的自由贸易试验区和自由贸易港，率先对接国际高标准经贸规则。放宽服务业市场准入，有序推进跨境服务贸易开放进程，提升服务贸易标准化水平，稳步扩大制度型开放。 我们将拉紧互利共赢的合作纽带。加强同各国的发展战略和合作倡议对接，深化同共建“一带一路”国家服务贸易和数字贸易合作，促进各类资源要素跨境流动便利化，培育更多经济合作增长点。 我们将强化创新驱动的发展路径。加快培育服务贸易数字化新动能，推动数据基础制度先行先试改革，促进数字贸易改革创新发展。建设全国温室气体自愿减排交易市场，支持服务业在绿色发展中发挥更大作用。推动服务贸易与现代服务业、高端制造业、现代农业融合发展，释放更多创新活力。 我们将共享中国式现代化建设成果。着力扩大国内需求，加快建设强大国内市场，主动扩大优质服务进口，鼓励扩大知识密集型服务出口，以中国大市场机遇为世界提供新的发展动力，以高质量发展为全球提供更多更好的中国服务，增强世界人民的获得感。 习近平最后强调，世界经济开放则兴，封闭则衰。让我们共同维护来之不易的自由贸易和多边贸易体制，共同分享全球服务贸易发展的历史机遇，为开创世界更加美好繁荣的未来共同努力。 2023年中国国际服务贸易交易会9月2日至6日在北京举行，主题为“开放引领发展 合作共赢未来”。 Xi leads China's services sector opening up, cooperation to drive global recovery Chinese President Xi Jinping addressed the Global Trade in Services Summit of the 2023 China International Fair for Trade in Services via video on Saturday morning, taking the world's second-largest economy a step further in opening up its …

China Trade Services Economic Global Development Chinese Sector
China making its mark in global services trade
1 year, 5 months ago

China making its mark in global services trade

China Daily  

A view of Beijing's CBD area on Aug 19, 2022. The value of the country's trade in services grew by 9.1 percent on a yearly basis to 2.08 trillion yuan in the first four months, said the Ministry of Commerce. Experts said that segments like human capital-intensive services, knowledge-intensive services and travel services — education, tourism, aircraft and vessel maintenance, …

China Trade Services Services Trade