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CIFTIS: China's international business card for China's high-standard opening-up

At present, the global service trade is swiftly rising, emerging as the latest engine of worldwide economic growth. In March 2023, the latest "Global Trade Update" rele

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China's foreign trade with BRICS sees rapid growth in first seven months of 2023

In the first seven months of 2023, China's foreign trade with other BRICS countries (Brazil, Russia, India and South Africa) soared 19.1 percent year-on-year to 2.38 tr

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China, Cambodia continue to deepen economic and trade cooperation

Chinese Foreign Minister Wang Yi met with Cambodian Deputy Prime Minister Hor Namhong and Deputy Prime Minister-designate Sun Chanthol on Saturday. China will continue

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China's CPI increased MoM in July; PPI decrease narrowed

Data released by China's National Bureau of Statistics (NBS) on Wednesday showed that both year-on-year Consumer Price Index (CPI) and Producer Price Index (PPI) have f

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China introduces measures to spur consumption from cars to furniture

Consumer spending has provided a forcible boost to China's economy growth in the first half of 2023, but weak points persist prompting the government to do more to leve

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China's foreign trade in goods up 2.1% in first half

China's foreign trade grew by 2.1 percent year-on-year to 20.1 trillion yuan ($2.8 trillion) in the first half of 2023, data from the General Administration of Customs

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China's June annual CPI turns flat; PPI continues decline

China's consumer price index (CPI), the main gauge of inflation, came in flat in June compared with the same period last year, the National Bureau of Statistics (NBS) s

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APD | APD promote economic cooperation and cultural diversities in Guangzhou

By Ajith D Perera of Sri LankaIt has been my pleasure to join the study tour on Guangzhou organized by Asia Pacific Daily. The visit was consisted of many interesting m

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APD | Weekly top 10 hot news (Jun 24- Jun 30)

Every weekend, Asia Pacific Daily will provide you with a run-down of the latest hot news.This week, the following hot news you should know:Top 1 | Russia opens crimina

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China's tourism spending jumps during Dragon Boat Festival

China's tourism industry displayed strong signs of recovery during the three-day Dragon Boat Festival holiday that ended Saturday.Official data showed a domestic travel

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China's LPR cuts help expand domestic demand, strengthen basic economic fundamentals

China on Tuesday cut its market-based benchmark lending rates. The one-year loan prime rate (LPR) is now 3.55 percent, down from the previous reading of 3.65 percent, a

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China, Argentina to promote BRI as South America pivot rolls on

China has signed a cooperation agreement with Argentina on promoting the joint construction of the Belt and Road Initiative (BRI), China's state planner said on Friday.

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China, Australia agree to restart high-level economic, trade dialogue mechanisms

China and Australian have agreed to resume high-level economic and trade dialogue mechanisms, including a free trade agreement joint committee.According to a press stat

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China's foreign trade rises by 5.8% to 13.32t yuan in first 4 months

China's foreign trade has shown a relatively stable growth trend, with total imports and exports expanding 5.8 percent year on year to 13.32 trillion yuan ($1.94 trilli

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China sees over 274 million domestic trips during Labor Day holiday 2023

China's Ministry of Culture and Tourism announced on Wednesday that a total of 274 million domestic trips were made nationwide during the Labor Day holiday in 2023, a y

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Russia-Ukraine conflict spurs record Europe military spending

Military expenditure in Europe has seen its sharpest year-on-year rise in at least 30 years due to the conflict between Russia and Ukraine, according to a report recent

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China's March exports surge 14.8%, showing upbeat momentum

China's exports surged 14.8 percent in U.S. dollar terms from a year ago in March, greatly exceeding market expectations and pointing to a positive growth momentum for