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Five hundred automobiles manufactured by a Chinese carmaker are about to be shipped to the Netherlands at a dock of Lianyungang port, east China’s Jiangsu province, Feb. 3, 2020. Photo by Wang Chun, People’s Daily Online

China’s automotive aftermarket hits US$153.78 billion in 2020 – Ministry of Commerce

China's automotive aftermarket is estimated to have hit 1 trillion yuan ($153.78 billion) in 2020, said the country's Ministry of Commerce (MOFCOM) Wednesday. The...
Photo taken on April 19, 2016 shows some space station's components printed by a micro-g 3D printer at a research center in southwest China's Chongqing Municipality, April 19, 2016. The Research Center for Additive Manufacturing (3D Printing) Technology of Chongqing Institute of Green and Intelligent Technology announced on Tuesday that the first micro-g 3D printer was successfully developed. [Photo: Xinhua/Liu Chan]

China becomes largest destination for FDI

By Kong Dechen While global foreign direct investment (FDI) collapsed significantly in 2020, China’s inbound FDI grew against the trend by 4 percent to $163...
A China-Europe freight train loaded with electronic products departs from the Chengdu International Railway Port, starting a 13-day journey to its destination Tilburg, the Netherlands, Feb. 19, 2020. Photo by Bai Guibin, People’s Daily Online

China takes lead in ratifying RCEP

By Du Yifei China has taken the lead in ratifying the Regional Comprehensive Economic Partnership (RCEP) agreement, said Yu Benlin, director-general of the Department of...
The recession of 2008-09 may have had a long term impact on global growth rates, says the WTO

China to set up 10 demonstration zones to promote imports

By Luo Shanshan Nine departments and institutions in China announced on Nov. 4 that the country plans to set up 10 demonstration zones to promote...
Employees of Hubei Ourselves Garment Co., Ltd., Qianjiang, Hubei province manufacture protective suits, March 25, 2020. The company can produce 8,000 protective suits per day which are exported to the U.S., Japan, South Korea and the European Union. Photo by Wu Yanjun/ People’s Daily Online

China takes tough measures to ensure export quality of pandemic prevention materials

By Qiu Chaoyi “We will spare no effort to ensure the quality of exports, set standards for businesses to operate with and safeguard the reputation...
An Egyptian and a Romanian technicians working for Chinese companies in Yemen prepare to board a Chinese navy vessel in Aden Harbor, Yemen, March 29, 2015. China is withdrawing hundreds of citizens from Yemen with the help of Chinese warships, Foreign Ministry Spokeswoman Hua Chunying said Monday. Hua told a daily press briefing that China has already moved 122 citizens from Yemen to Djibouti. (Xinhua/Xiong Libing)

China subcontracting services growth shoots up

Chinese companies inked service outsourcing contracts worth 349 billion yuan (53 billion U.S. dollars) in the period, up 24.8 percent year on year, faster...

More exports items banned from entering China from DPRK

The ban, with immediate effect, follows UN Security Council resolutions, said the Ministry of Commerce website. The list names dozens of banned items including metal...

China State Hualong to help grow bilateral relations with Ghana

Mr Liang said this during a media tour of the expanded New Century Career Training Institute (NCCTI) into a comprehensive career training institute and...
Hi Tech Steel

China’s Baosteel Group Describes U.S. Steel Accusation As Untrue

Baosteel Group strictly abides by laws and regulations and respects the rules of the market, the statement said. The accusation that the company had stolen...
Tema Steel Company

China Rejects US investigations into Chinese stainless steel trade

On Friday, the U.S. Department of Commerce launched an anti-dumping and countervailing duty investigation into stainless steel products imported from China. ...

Trade Ministers of G20 scheduled to meet in Shanghai

The two-day meeting will be held in advance of the G20 Hangzhou Summit, which is slated for Sept. 4 and 5. China took...

African trading bloc mulls industrialization drive

A meeting aimed at finalizing a policy to drive industrialization in Africa's largest trading bloc opened here Monday with a call for member states...
China and Russia flags

China confident in trade with Russia

China is confident about trade with Russia although a slump has been a cause for concern in the past two months. The decline was billed...

China released revised guidance for foreign investment

China released revised guidance for foreign investment on Friday, relaxing many restrictions on overseas companies. "The catalogue of industries to guide foreign investment" issued by...