1996 was the first year of Shanghai’s Ninth Five-year Plan in foreign trade. Although the country saw significant readjustment in foreign-related economic policies and great changes in macroeconomic environment, Shan...1996 was the first year of Shanghai’s Ninth Five-year Plan in foreign trade. Although the country saw significant readjustment in foreign-related economic policies and great changes in macroeconomic environment, Shanghai’s foreign economic and trade work stood the test, maintained steady growing development and realized all the goals set展开更多
Since the launch of the reform, China’s service trade has been growing at a much faster speed compared to that of the rest of the country’s economy and world trade. In developing commodity trade, we are also engaged...Since the launch of the reform, China’s service trade has been growing at a much faster speed compared to that of the rest of the country’s economy and world trade. In developing commodity trade, we are also engaged in technology trade, service trade and international investment, making efforts to achieve fusion and mutual promotion. Now, we are speeding up the opening展开更多
The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp...The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp.& exp.value of mechanic & electronic products reached USD 208.2 billion, an increase of 34.7%: USD 102.9 billion in imp. (increased by 32.6%) and USD 105.3 billion in exp. (increased by 36.9% up to 42.3% of展开更多
The rapid growth of crossborder e-commerce has exerted a strong impact on the traditional trade of China and the world.The slowing down for China’s foreign trade growth has become an inevitable facts,and as a new app...The rapid growth of crossborder e-commerce has exerted a strong impact on the traditional trade of China and the world.The slowing down for China’s foreign trade growth has become an inevitable facts,and as a new approach for international trade development,cross-border e-commerce has become the new driving engine of the trade growth and economic development under the new normal.What is crossborder e-commerce?Simply put,it means'internet+foreign trade'.展开更多
With a view to implementing the strategy of broadlybased economic and trade cooperation, facilitating the foreign economic relations and trade compaines and productive enterprises entitled to engage in import and expo...With a view to implementing the strategy of broadlybased economic and trade cooperation, facilitating the foreign economic relations and trade compaines and productive enterprises entitled to engage in import and export trade so as to develop their diversified market, and expanding the presence of China’s commodities on the international market, Ministry of Foreign Trade and Economic Cooperation (MOFTEC) has recently laid down new regulations on examining and approving the establishment of trading companies and representative offices outside the country (excluding Taiwan, HongKong and Macao). 1. The qualifications of the enterprises intending to apply for the establishment of overseas trading companies and representative offices: 1)With regard to foreign eco-展开更多
By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroug...By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and展开更多
This year marks the40th anniversary of China’s adoption of reform and opening-up policy.Openness has become a theme of modern China.The19th National Congress of CPC has set out a clear plan to make new grounds in pur...This year marks the40th anniversary of China’s adoption of reform and opening-up policy.Openness has become a theme of modern China.The19th National Congress of CPC has set out a clear plan to make new grounds in pursuing opening-up on all fronts,which pointed a new direction of the opening-up in the new era.展开更多
Fifty years ago, just after the foundingof new China, the Chinese Governmentwas invited to participate in twointernational industrial fairs in India andPakistan. The 30 member delegationbrought exhibits of metallurgy,...Fifty years ago, just after the foundingof new China, the Chinese Governmentwas invited to participate in twointernational industrial fairs in India andPakistan. The 30 member delegationbrought exhibits of metallurgy,machinery, chemicals, textiles,展开更多
The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corp...The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corporation, had registered annual import and export earnings of US$300 million, ranking first among the foreign trade corporations in Beijing. Its change into a shareholding corporation has aroused keen interest in garment展开更多
The 8th China Textile and Apparel Trade Show(New York)sponsored by China Textile and Apparel Council and organized by CCPIT TEX,STS and Youthful USA held from June 12th to 14th in Javits Convention Center in New York ...The 8th China Textile and Apparel Trade Show(New York)sponsored by China Textile and Apparel Council and organized by CCPIT TEX,STS and Youthful USA held from June 12th to 14th in Javits Convention Center in New York and now it is all set to open. China Textile and Apparel Trade Show(New York)has been successfully held in the last seven years through the careful operation of the sponsor and the organizers and the support of the展开更多
At a working conference, Vice Mayor Lu Yucheng presented a plan for Beijing’s 1997 work in foreign trade and economic cooperation. The general task is to carry out the strategy of great economy and trade, expand expo...At a working conference, Vice Mayor Lu Yucheng presented a plan for Beijing’s 1997 work in foreign trade and economic cooperation. The general task is to carry out the strategy of great economy and trade, expand exports, use foreign funds reasonably and effectively, and conduct international economic and technical cooperation. The major target is to complete export volume of US$2.3 billion. Last year’s import and展开更多
As from March 1,the State Administration of Exchange Con-trol will implement a new "Provisional Regulations of Checking,Writing-off and Supervising Foreign Exchange Payment for TradeImport".This is an import...As from March 1,the State Administration of Exchange Con-trol will implement a new "Provisional Regulations of Checking,Writing-off and Supervising Foreign Exchange Payment for TradeImport".This is an important measure of reforming China’s for-eign exchange system, and is an afterwards supervising measure ofguaranteeing orderly proceeding of toreign exchange payment fortrade import after the exchange of regular items.One of the purpose of carrying out the new regulations is toform an afterwards supervising mechanism for foreign exchangeimport payment of regular items which guarantees the authenticityof foreign exchange import payment and orderly proceeding theexchange of Renminbi regular items;secondly,through examiningand verifying documents of foreign exchange import payment,veri-展开更多
Last year, China's trade surplus totaled $101.9 billion, more than triple that of 2004, arousing great concern among its trade partners. According to statistics recently released by the General Administration of C...Last year, China's trade surplus totaled $101.9 billion, more than triple that of 2004, arousing great concern among its trade partners. According to statistics recently released by the General Administration of Customs, China's monthly trade surplus in January this year rose 46.7 percent from a year ago to $9.49 billion, while its total trade volume rose 26.8 percent year on year to $120.5 billion. Exports from China grew to $64.9 billion in January, a 28.1 percent rise over the same period last year, a...展开更多
Panama International Merchandise Mart (PIMM) is to become the first and largest tax-free wholesale center in Latin America.By providing a platform for overseas manufacturers and industrialists to showcase their produc...Panama International Merchandise Mart (PIMM) is to become the first and largest tax-free wholesale center in Latin America.By providing a platform for overseas manufacturers and industrialists to showcase their products and interact directly with buyers in the Americas, the $1 billion PIMM project is based on a vision to revolutionize the way that goods are traded in the Western Hemisphere.展开更多
This year marks the 30th anniversary of the establishment of the Canada China Business Council(CCBC),a private,membership-based association that seeks to facilitate trade and investment between Canada and China. In an...This year marks the 30th anniversary of the establishment of the Canada China Business Council(CCBC),a private,membership-based association that seeks to facilitate trade and investment between Canada and China. In an exclusive interview with Beijing Review reporter Chen Ran,Sergio Marchi,President of the CCBC,shares his views on the current situation and prospects for Sino-Canadian trade links. For a video presentation of the interview, please visit www.bjreview.com.展开更多
China expands yuan settlement in trade with Russia, while allowing the yuan to trade against the ruble Cross-border trade between China and Russia was bountiful throughout the 1990s as a group of Chinese and Russian d...China expands yuan settlement in trade with Russia, while allowing the yuan to trade against the ruble Cross-border trade between China and Russia was bountiful throughout the 1990s as a group of Chinese and Russian dealers,nicknamed the daoye, or profiteers who buy low and sell high, shuttled consumer展开更多
Securities regulators formulated the risk-control mechanism prior to launch of stock index futures in China For three years Wang Liangguang, an experienced stock investor, waited patiently for the trading of stock ind...Securities regulators formulated the risk-control mechanism prior to launch of stock index futures in China For three years Wang Liangguang, an experienced stock investor, waited patiently for the trading of stock index futures. And now, that day展开更多
The overall planning of Beijing Global Trade Center (GTC) is being carried out by the U.S. designing firm EDAW and the first-phase office building has already been put into use, while the second and third phases are u...The overall planning of Beijing Global Trade Center (GTC) is being carried out by the U.S. designing firm EDAW and the first-phase office building has already been put into use, while the second and third phases are under construction. Guided by the modernity, hi-tech design, a human-oriented approach, and the integration of land-展开更多
The Ministry of Commerce announced in August last year that a pilot free trade zone was envisioned for Chongqing and six other provinciallevel areas.This means that Chongqing will benefit from favorable policies in tr...The Ministry of Commerce announced in August last year that a pilot free trade zone was envisioned for Chongqing and six other provinciallevel areas.This means that Chongqing will benefit from favorable policies in trade and investment in the near future,and goods can be imported and exported without tariffs.In September,Secretary of the CPC Chongqing Municipal Committee展开更多
文摘1996 was the first year of Shanghai’s Ninth Five-year Plan in foreign trade. Although the country saw significant readjustment in foreign-related economic policies and great changes in macroeconomic environment, Shanghai’s foreign economic and trade work stood the test, maintained steady growing development and realized all the goals set
文摘Since the launch of the reform, China’s service trade has been growing at a much faster speed compared to that of the rest of the country’s economy and world trade. In developing commodity trade, we are also engaged in technology trade, service trade and international investment, making efforts to achieve fusion and mutual promotion. Now, we are speeding up the opening
文摘The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp.& exp.value of mechanic & electronic products reached USD 208.2 billion, an increase of 34.7%: USD 102.9 billion in imp. (increased by 32.6%) and USD 105.3 billion in exp. (increased by 36.9% up to 42.3% of
文摘The rapid growth of crossborder e-commerce has exerted a strong impact on the traditional trade of China and the world.The slowing down for China’s foreign trade growth has become an inevitable facts,and as a new approach for international trade development,cross-border e-commerce has become the new driving engine of the trade growth and economic development under the new normal.What is crossborder e-commerce?Simply put,it means'internet+foreign trade'.
文摘With a view to implementing the strategy of broadlybased economic and trade cooperation, facilitating the foreign economic relations and trade compaines and productive enterprises entitled to engage in import and export trade so as to develop their diversified market, and expanding the presence of China’s commodities on the international market, Ministry of Foreign Trade and Economic Cooperation (MOFTEC) has recently laid down new regulations on examining and approving the establishment of trading companies and representative offices outside the country (excluding Taiwan, HongKong and Macao). 1. The qualifications of the enterprises intending to apply for the establishment of overseas trading companies and representative offices: 1)With regard to foreign eco-
文摘By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and
文摘This year marks the40th anniversary of China’s adoption of reform and opening-up policy.Openness has become a theme of modern China.The19th National Congress of CPC has set out a clear plan to make new grounds in pursuing opening-up on all fronts,which pointed a new direction of the opening-up in the new era.
文摘Fifty years ago, just after the foundingof new China, the Chinese Governmentwas invited to participate in twointernational industrial fairs in India andPakistan. The 30 member delegationbrought exhibits of metallurgy,machinery, chemicals, textiles,
文摘The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corporation, had registered annual import and export earnings of US$300 million, ranking first among the foreign trade corporations in Beijing. Its change into a shareholding corporation has aroused keen interest in garment
文摘The 8th China Textile and Apparel Trade Show(New York)sponsored by China Textile and Apparel Council and organized by CCPIT TEX,STS and Youthful USA held from June 12th to 14th in Javits Convention Center in New York and now it is all set to open. China Textile and Apparel Trade Show(New York)has been successfully held in the last seven years through the careful operation of the sponsor and the organizers and the support of the
文摘At a working conference, Vice Mayor Lu Yucheng presented a plan for Beijing’s 1997 work in foreign trade and economic cooperation. The general task is to carry out the strategy of great economy and trade, expand exports, use foreign funds reasonably and effectively, and conduct international economic and technical cooperation. The major target is to complete export volume of US$2.3 billion. Last year’s import and
文摘As from March 1,the State Administration of Exchange Con-trol will implement a new "Provisional Regulations of Checking,Writing-off and Supervising Foreign Exchange Payment for TradeImport".This is an important measure of reforming China’s for-eign exchange system, and is an afterwards supervising measure ofguaranteeing orderly proceeding of toreign exchange payment fortrade import after the exchange of regular items.One of the purpose of carrying out the new regulations is toform an afterwards supervising mechanism for foreign exchangeimport payment of regular items which guarantees the authenticityof foreign exchange import payment and orderly proceeding theexchange of Renminbi regular items;secondly,through examiningand verifying documents of foreign exchange import payment,veri-
文摘Last year, China's trade surplus totaled $101.9 billion, more than triple that of 2004, arousing great concern among its trade partners. According to statistics recently released by the General Administration of Customs, China's monthly trade surplus in January this year rose 46.7 percent from a year ago to $9.49 billion, while its total trade volume rose 26.8 percent year on year to $120.5 billion. Exports from China grew to $64.9 billion in January, a 28.1 percent rise over the same period last year, a...
文摘Panama International Merchandise Mart (PIMM) is to become the first and largest tax-free wholesale center in Latin America.By providing a platform for overseas manufacturers and industrialists to showcase their products and interact directly with buyers in the Americas, the $1 billion PIMM project is based on a vision to revolutionize the way that goods are traded in the Western Hemisphere.
文摘This year marks the 30th anniversary of the establishment of the Canada China Business Council(CCBC),a private,membership-based association that seeks to facilitate trade and investment between Canada and China. In an exclusive interview with Beijing Review reporter Chen Ran,Sergio Marchi,President of the CCBC,shares his views on the current situation and prospects for Sino-Canadian trade links. For a video presentation of the interview, please visit www.bjreview.com.
文摘China expands yuan settlement in trade with Russia, while allowing the yuan to trade against the ruble Cross-border trade between China and Russia was bountiful throughout the 1990s as a group of Chinese and Russian dealers,nicknamed the daoye, or profiteers who buy low and sell high, shuttled consumer
文摘Securities regulators formulated the risk-control mechanism prior to launch of stock index futures in China For three years Wang Liangguang, an experienced stock investor, waited patiently for the trading of stock index futures. And now, that day
文摘The overall planning of Beijing Global Trade Center (GTC) is being carried out by the U.S. designing firm EDAW and the first-phase office building has already been put into use, while the second and third phases are under construction. Guided by the modernity, hi-tech design, a human-oriented approach, and the integration of land-
文摘The Ministry of Commerce announced in August last year that a pilot free trade zone was envisioned for Chongqing and six other provinciallevel areas.This means that Chongqing will benefit from favorable policies in trade and investment in the near future,and goods can be imported and exported without tariffs.In September,Secretary of the CPC Chongqing Municipal Committee
