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Adviser: Taiwan-funded enterprises should participate more in BRI

Skyline of Taipei, China's Taiwan region. /VCG Taiwan-funded enterprises should be encouraged to participate more in the Belt and Road Initiative (BRI), so as to maintain stability in foreign

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Chinese UN Mission marks first Int'l Tea Day

China's Permanent Mission to the United Nations on Thursday held a virtual event to celebrate the first International Tea Day. The inception of International Tea Day has given tea new life and vital

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China stresses joint implementation of trade deal with U.S.

China has stressed the joint implementation of the China-U.S. phase-one economic and trade agreement, according to a government work report submitted to the national l

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Central, western China to open new pilot FTZs, integrated bonded areas

China will establish new pilot free trade zones (FTZs) and integrated bonded areas in the country's central and western regions, according to a government work report

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China to stabilize overall performance of foreign trade, investment

China will further stabilize foreign trade and actively leverage the role of foreign capital, according to a government work report submitted to the national legislatu

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China to firmly safeguard multilateral trading regime

China will resolutely safeguard the multilateral trading regime and actively participate in reform of the World Trade Organization, according to a government work report submitted to the national leg

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1,500 kilos of Rwandan coffee beans sold out online in a second in China

"It is particularly important at the time when the global world is closing down that we continue trade, because that's the only way that we can build a prosperous world and a prosperous Africa togethe

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ICBC granted branch banking licence in New Zealand

The New Zealand Reserve Bank announced in a statement on Monday that it has registered Industrial and Commercial Bank of China Limited (ICBC) to provide banking services in New Zealand. ICBC will op

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Ganzhou in east China starts cross-border e-commerce business with Poland

A cross-border e-commerce pilot zone in eastern China's Jiangxi Province started business on Saturday as the first freight train departed from Ganzhou Port for Poland. The launch of the cross-border

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Hungary welcomes 100th Wizz Air plane bringing medical equipment from China: FM

Hungary welcomed the 100th Wizz Air aircraft that brought medical equipment from China to fight the novel coronavirus, Hungarian Minister of Foreign Affairs and Trade Peter Szijjarto said Saturday.

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WTO chief to leave office later this year

World Trade Organization (WTO) Director-General Roberto Azevedo said in an announcement published Thursday that he will step down at the end of August this year, before the end of his term. Azevedo i

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China's foreign direct investment posts positive growth in April

VCG Foreign direct investment (FDI) into the Chinese mainlandrose by11.8 percent year on year to 70.36 billion yuan (9.92 billion U.S. dollars) in April amid the COVID-19 pandemic, said an off

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Report: WTO chief plans to step down before term ends in 2021

The Director-General of the World Trade Organization (WTO) Roberto Azevedo intends to step down before his term ends in 2021, Bloomberg has reported citing four people familiar with the matter.

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Global trade down 3 percent in Q1 2020: UN agency

Global trade down 3 percent in Q1: UN agencyWorld merchandise trade is seen down three percent in the first quarter of 2020 from the last three months of 2019 due to the coronavirus pandemic, the Uni

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Standard Chartered issues 1st int'l yuan-denominated letter of credit using blockchain

Standard Chartered Bank (SCB) has recently facilitated the completion of the first international yuan-denominated Letter of Credit (LC) transaction using blockchain, si

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Through The Lens: Street vendors in Kibera strongly hit by pandemic

03:15 Amid the COVID-19 pandemic, street vendors in Kenya have been hit hard.The hash effects have been strongly felt in Kibera, an informal settlement in the capital Nairobi, where ma

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China to maintain stability of yuan exchange rate: central bank

China's central bank said Sunday it would further deepen the reform of the yuan's exchange rate formation mechanism and maintain the basic stability of the exchange rate at a reasonable and balanced