In 2014, MOFCOM made active efforts to perfect the support policies system on trade in services, build a market environment of fair competition and raise trade in services into a new step. In 2014, China’s trade in services maintained ...
Tags: trade in services, bilateral cooperation, service outsourcing industry
The national teleconference on foreign trade was held in Beijing on February 26, 2015. Vice Premier Wang Yang attended and addressed the meeting. Also attending and addressing the meeting was Minister of Commerce Gao Hucheng. Gao said ...
Tags: high value-added products, corn processing products, textiles
On April 25, 2015, the 2015 Quarterly Analysis Conference, sponsored by China Association of International Trade, and undertaken by the Study Commission of Investment Planning association and the China Enterprise Cooperation and Promoting ...
Tags: Foreign Trade, international economic order, financing environment
On May 19, 2015, China-Brazil Commercial Summit was held in Brasilia successfully. The summit was sponsored by Chinese Ministry of Commerce and Brazilian Ministry of Foreign Affairs. Chinese Premier Li Keqiang and Brazilian President Dilma ...
Tags: productivity cooperation, infrastructure, financial cooperation
The 5th Cross-Strait Service Industry Forum opened on May 18-19 in Taipei, and more than 300 participants from both sides across the strait attended the forum, discussing the cooperation development of opportunities of the service industry ...
People’s Bank of China published the statement on improving the quotation of the middle exchange rate of RMB against the U.S. dollar on August 11. RMB depreciates against US dollars almost 4.6% in 4 days. This is the biased correction ...
Tags: foreign trade situation, rate of RMB against the U.S.dollar
China has adopted International Monetary Fund rules aimed at helping to improve the transparency, reliability and international comparability of the country's statistics. The move, announced on Thursday, is being viewed by Beijing-based ...
Tags: IMF, Economic Statistics
China's central bank continued to pump billions of yuan into the financial system on Tuesday to ease liquidity strains. The People's Bank of China (PBOC) conducted 150 billion yuan (23.6 billion U.S. dollars) of seven-day reverse ...
Depreciation of China's currency offers opportunities for economies in Europe Last week's depreciation of the yuan stoked fears that European exports to China could be hit. As the euro and the pound strengthened, concerns started to grow ...
Tags: global currency, Yuan Move
China's new forex rate formation mechanism is credit positive as it will increase currency flexibility and support China's capital account liberalization, said Moody's in a recent report. The People's Bank of China on Tuesday adjusted the ...
China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
The People's Bank of China (PBOC), the central bank, announced it would issue a new 100-yuan bank note from Nov 12 on Monday. The new bank note will be harder to counterfeit and easier for machines to read. Part of the fifth set of bank ...
Tags: central bank, new 100-yuan
Housewives compare prices every day, including Zhang Ming, a 60-year-old retired woman who frequents a supermarket in Beijing's Fengtai district. On Sunday morning, she spent 45 yuan ($7.30) on 1 kg of pork fillet. "It's amazing ...
Tags: Pork, vegetables
A guideline for China's Internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum. The guideline seeks to "promote the healthy development ...
China's new yuan-denominated lending reached 6.56 trillion yuan (1.07 trillion U.S. dollars) in the first half of this year, the central bank said Tuesday. The volume was 537.1 billion yuan more than that in the same period of last year, ...