JD.com commits to selling £2 billion of UK Products

JD.com commits to selling £2 billion of UK Products

From luxury British couture and tea, to chocolate, beauty products, home appliances and other items, UK products have gained popularity in China in recent years. To meet this growing demand, JD.com, China’s largest retailer, has announced plans to sell £2 billion of UK goods to Chinese consumers in the next two-to-three years. The agreement signed […]

China to open vast market to British beef for first time since 1996

China will further open its vast market to Britain as the green light has been given to allow British beef imports for the first time in twenty years.

On Wednesday (31 January), Prime Minister Theresa May met with China’s second most important politician, Premier Li Keqiang, to signal her determination to boost trade with the giant economy.   Speaking in Beijing, Mrs May revealed that British beef would be exported to China for the first time since the BSE, or ‘mad cow’, crisis […]

Int’l commodity fair opens in Xinjiang’s Kashgar

The 10th Kashgar Central and South Asia Commodity Fair kicked off Sunday in Kashgar, an ancient Silk Road town in northwest China’s Xinjiang Uygur Autonomous Region. As the largest trade event in south Xinjiang, the three-day fair has attracted 1,600 businessmen and delegates of trade and commerce associations, including 446 from six foreign countries, including […]

China Telecom gains Xbox One exclusivity

China Telecom will be the exclusive carrier of Microsoft Corp’s video game console Xbox One, the first of its kind to launch in the Chinese mainland this autumn, the Chinese operator announced on Thursday. The console will be sold in China Telecom’s sales outlets from September, the state-owned telecom firm announced at a press conference. […]

China to contribute to new global trade system

China to contribute to new global trade system

China will join in and contribute to the construction of a new global trade system, said Premier Li Keqiang in Beijing on Tuesday. Li also called on the United States to be more open and to create more favorable conditions for the two countries’ deeper cooperation, while meeting a delegation of U.S. business leaders and […]

Taiwan export orders up 10.6 percent in June

Taiwan export orders up 10.6 percent in June

Taiwan’s export orders surged 10.6 percent year on year in June to US$38.82 billion, buoyed by steadily warming global demand and a lower comparison base from last year, according to the Ministry of Economic Affairs July 21. “June marked the fifth consecutive month of growth and the largest percentage gain since December 2012,” said Lin […]

China-ASEAN trade up 4.8 pct in H1

Trade between China and the Association of Southeast Asian Nations (ASEAN) grew 4.8 percent year on year to 220.69 billion U.S. dollars in the first half of the year, according to the Ministry of Commerce (MOC) on Tuesday. Investment between China and ASEAN hit 120 billion U.S. dollars at the end of June this year, […]

Shanghai consumer goods imports on the rise

China’s financial hub of Shanghai has witnessed brisk demand for imported consumer goods, with a sustainable growth in value, said customs authorities on Tuesday. In the first half of this year, the value of goods imported to Shanghai reached 133.96 billion yuan (about 21.44 billion U.S. dollars), a 26.7-percent year-on-year increase, according to Shanghai customs. […]

G20 trade ministers meet in Sydney

The G20 trade ministers gathered in Sydney on Saturday to discuss the contribution of trade and investment to growth and how to strengthen the global trading system. Andrew Robb, Australian minister for Trade and Investment, said in the opening remarks to the G20 Trade Ministers Meeting that trade and investment have become of great interest […]

China to develop starting point of Maritime Silk Road

Chinese Vice Premier Zhang Gaoli urged acceleration of the opening-up of southeast China’s Fujian Province, the starting point of the historic Maritime Silk Road, during his visit there from Thursday to Saturday. Zhang said the local authorities should strengthen economic ties with countries and regions along the maritime trade route and boost two-way investment. More […]

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