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China's economic recovery to continue in H2: spokesperson

China's economy has sufficient support to sustain its recovery in the second half (H2) of 2020, a spokesperson with the National Bureau of Statistics (NBS) said Thursda

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Cross-border trade settlement in renminbi at 3.08 trillion yuan in H1

Renminbi-denominated cross-border trade settlement hit 3.08 trillion yuan (about 440 billion U.S. dollars) in the first half of the year, central bank data showed Frid

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China-ASEAN Expo postponed due to COVID-19

The 17th China-ASEAN Expo has been postponed until further notice due to the COVID-19 pandemic, according to a meeting of senior officials held Thursday. The expo was

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More reforms from China's pilot FTZs to be adopted nationwide

The State Council, China's cabinet, has decided to implement more reform measures experimented with at the pilot free trade zones (FTZs) across the nation. It is the s

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Hainan scales up duty-free shopping quota to 100,000 yuan

02:18 China's Ministry of Finance gave approval to the country's southernmost Hainan Province to increase its annual tax-free shopping quota for travelers this week.This is part of an

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China to close all live poultry markets gradually

China will close all live poultry markets in a step-by-step manner in a bid to reduce public health risks, an official said Friday. China will crack down on the illega

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Projects worth over 38 bln USD inked at online trade fair in Lanzhou

The 26th China Lanzhou Investment and Trade Fair kicked off online on Thursday in Lanzhou, capital of northwest China's Gansu Province, with 587 projects worth 273 billion yuan (about 38.6 billion U.

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Tribes In A Flux: Survive or die out?

04:33 People are the link to culture and tradition, in Morocco where members of the Berber tribes live. A big part of this culture is in the intricately woven rugs, whose trade has bee

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China's Hangzhou launches online mediation platform for IPR, int'l commercial disputes

An online mediation platform was officially launched Tuesday for cases concerning intellectual property rights and international commercial disputes within the eastern

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China lowers corporate, personal income tax for Hainan free trade port

Chinese authorities have rolled out preferential income tax plans for companies and individuals in the southern island province of Hainan to build it into a globally-i

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African experts root for policy shift to hasten post-COVID-19 recovery

Governments across the Sub-Saharan African region should embark on a realignment of economic policies to boost recovery from COVID-19 disruptions and strengthen resilience against future shocks, expe

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Online special feature on investment in south China's Jiangdong New Area launched

An online special feature on investment in Jiangdong New Area of Haikou city, south China's Hainan Province, has been launched by Jiangdong New Area Administration Bureau and China Economic Informat

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China sees current account deficit in Q1

China saw a current account deficit in the first quarter of this year amid disruptions brought about by the COVID-19 pandemic. The current account deficit stood at 33.

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China extends fee cuts, exemptions for foreign trade firms

Chinese authorities have announced the extension of fee cuts and exemptions for import and export enterprises to stabilize the foreign trade sector amid the COVID-19 e

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WTO expects global trade to plunge 18.5 pct in Q2 2020

Global trade is expected to drop around 18.5 percent year on year in the second quarter of 2020 in a coronavirus driven plunge which could have been much worse, the World Trade Organization said o

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Ministry, bank sign MoU to stabilize foreign trade

China's Ministry of Commerce (MOC) has inked a memorandum of understanding (MoU) with China Construction Bank (CCB) to jointly take measures to help firms overcome cor

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Maritime Silk Road Trade Index rebounds in April

The Maritime Silk Road Trade Index, between China and countries along the 21st Century Maritime Silk Road, posted stronger growth in April compared to March. The overall import and export index climb