Jinjiang: A small city’s rise to prosperity

Jinjiang: A small city’s rise to prosperity

Some 38 years ago, Ding Hemu (丁和木) sold all his valuable belongings and gathered 1,000 yuan (about 151 U.S. dollars) to start a small shoe-making workshop, hoping to feed his family. With per capita land of just 0.03 hectare, however, it was hard to make ends meet in Jinjiang through farming back then. Now, Ding […]

Stuck in Trade War, US and China Face Uncertain Path to Deal

Stuck in Trade War, US and China Face Uncertain Path to Deal

As the trade war between the world’s two largest economies nears the end of its first week, its most unsettling fact may be this: No one seems to foresee any clear path to peace. The United States insists that China abandon the brass-knuckles tactics it’s used to try to supplant America’s technological dominance. Yet Beijing […]

UK exports remain at record high

The International Trade Secretary Dr Liam Fox comments on the latest ONS trade figures.

UK exports remain at record high

There’s good news for the UK as the latest trade figures show demand for British goods and services is higher than ever with exports at record high of £620 billion in the year to May 2018. In data released by the British Office for National Statistics (ONS) on Tuesday, 10 July, UK exports to the […]

Panama, China launch free-trade talks for mutual benefit

Panama and China said they hoped to reach a mutually beneficial bilateral free trade agreement (FTA), after launching negotiations here on Monday. China’s Ambassador to Panama Wei Qiang told Xinhua that in negotiations of this kind, the key words are “mutual benefit.” The two countries aim to “negotiate a modern, ample, comprehensive and high-level FTA” […]

Int’l Trade Center unveils Market Price Information portal

The International Trade Centre (ITC) said Tuesday that it has launched the Market Price Information portal, an online database giving access to live updates and prices for more than 100 agriculture products. The portal was launched with a view to improve transparency in trade and help improve the decision-making processes for micro, small and medium-sized […]

China’s farm produce prices see slower declines

China’s farm produce prices saw slower declines in the week ending July 8, as vegetable prices stabilized, according to data from the Ministry of Commerce Tuesday. The price index for farm produce edged down 0.1 percent in the past week, narrowing from a 0.8-percent fall the previous week. The index for production materials fell 0.5 […]

China and Kuwait sign MoU on E-commerce Cooperation

On July 9, 2018, during the visit of Kuwait Emir Sabah’s visit to China, under the witness of the heads of state of China and Kuwait, Fu Ziying, Deputy Minister of the Ministry of Commerce of China, and HE Khaled Nasser Abdullah Al-Roudan, Minister of Commerce and Industry of Kuwait In Beijing, signed a Memorandum […]

Over 9,000 trips made via China-Europe trains

China-Europe freight trains have made over 9,000 trips by the end of June, the China Railway Corporation (CRC) said Monday. Since the services began in 2011, the trains have delivered 800,000 twenty-foot equivalent units (TEUs) of goods, connecting 48 Chinese cities with 42 European cities, according to CRC. For more than 7 years, the services […]

China’s economic fundamentals point towards high-quality development

China’s economic fundamentals point towards high-quality development

Although China’s growth data for the first half of the year is yet to be released, a glimpse into the positive changes in economic fundamentals showed China is moving steadily towards its goal of high-quality development. With overall economic activity maintaining stable expansion and industrial and service production picking up pace, China’s sound economic fundamentals […]

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