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Chinese commerce minister vows continued efforts to attract foreign investment
BEIJING - China will continue its efforts to widen market access for foreign investment and build a better business environment, Minister of Commerce Zhong Shan has said. In an interview on Friday, Zhong said measures will be taken to shorten negative lists for foreign investors adopted in pilot free trade zones (FTZs) and nationwide, and wholly-foreign ownership will be allowed in more sectors.
2019/1/13
Bonded zones to be expanded
China aims to build its comprehensive bonded zones into globally competitive centers for process manufacturing, research and design, logistics, maintenance, repair and sales services, high-ranking officials said on Thursday. Comprehensive bonded zones are special commercial areas managed by customs officials that feature favorable taxation policies.
2019/1/11
China will keep driving the world economy
In a year when the US economy accelerated, it is worth bearing in mind that it was still China that drove the world economy, delivering an estimated 25 percent-plus of total global growth in 2018. That is a reality we will have to get used to, with a range of estimates forecasting that China will eventually overtake the United States as the largest and most influential economy in the world within the next 10 years.
2019/1/9
China's imports record inspiring for world economy
As 2018 draws to an end, China's imports are expected to surpass $2 trillion, a record high. Another piece of good news: nearly 100,000 square meters of exhibition area have been booked for the second China International Import Expo (CIIE) next year. According to Customs data, China's imports increased 14.6 percent year-on-year in the first 11 months of 2018. The expected $2 trillion in imports equals the gross domestic product of either Brazil or Italy in 2017.
2018/12/26
China's imports to surpass $2 trln in 2018: official
BEIJING - China's total imports will likely exceed $2 trillion this year, setting a new record, a trade official said. Song Xianmao, deputy director of the foreign trade department under the Ministry of Commerce, made the remarks at a trade meeting Saturday, adding that multiple measures will be taken to further expand imports in next year.
2018/12/23
China's foreign trade growth to remain stable in 2019: report
BEIJING - China's foreign trade is expected to remain stable in 2019 as the sector exerts more growth potential amid external challenges, according to a foreign trade report released by the Ministry of Commerce. The country's foreign trade could maintain stable growth and the quality be further lifted with sound economic fundamentals, greater opening up and policy support, the report read. High-quality development of China's economy has laid a solid foundation for its foreign trade, with greater domestic consumption expected to inject new impetus in import growth.
2018/12/16
China facilitates human rights development in the world: White paper
BEIJING -- China has been facilitating the development of human rights in the world over the past 40 years of its reform and opening up, said a white paper released Wednesday by the State Council Information Office.
2018/12/12

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