International News
BEIJING - China will continue its efforts to widen market access for foreign investment and build a better business environment, Minister of Commerce Zhong Shan has said. In an interview on Friday, Zhong said measures will be taken to shorten negative lists for foreign investors adopted in pilot free trade zones (FTZs) and nationwide, and wholly-foreign ownership will be allowed in more sectors.
2019/1/13
China aims to build its comprehensive bonded zones into globally competitive centers for process manufacturing, research and design, logistics, maintenance, repair and sales services, high-ranking officials said on Thursday. Comprehensive bonded zones are special commercial areas managed by customs officials that feature favorable taxation policies.
2019/1/11
In a year when the US economy accelerated, it is worth bearing in mind that it was still China that drove the world economy, delivering an estimated 25 percent-plus of total global growth in 2018. That is a reality we will have to get used to, with a range of estimates forecasting that China will eventually overtake the United States as the largest and most influential economy in the world within the next 10 years.
2019/1/9
As 2018 draws to an end, China's imports are expected to surpass $2 trillion, a record high. Another piece of good news: nearly 100,000 square meters of exhibition area have been booked for the second China International Import Expo (CIIE) next year. According to Customs data, China's imports increased 14.6 percent year-on-year in the first 11 months of 2018. The expected $2 trillion in imports equals the gross domestic product of either Brazil or Italy in 2017.
2018/12/26

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