News

China’s port throughput boosted by foreign trade growth

NANNING, June 18 (Xinhua) — Amid the heat of a summer morning, Huang Zhiyi, a 34-year-old container crane operator, hopped on an elevator to reach his workstation 50 meters above the ground and started the day of “heavy lifting”. All around him, the usual bustling scene was in f... Read More

China’s first batch of infrastructure REIT expansion projects listed

BEIJING, June 16 (Xinhua) — China’s first group of four infrastructure real-estate investment trust (REIT) expansion projects were listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange on Friday. The listings of the first batch of projects will help promote the improve... Read More

Nation joining trade pact will benefit region

China has submitted the documents for joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, which if successful is expected to bring tangible economic benefits to participating countries and further bolster economic integration of the Asia-Pacific region, an expert sa... Read More

“World factory” upgraded with high-tech, new energy and originality

GUANGZHOU, June 11 (Xinhua) — An unparalleled manufacturing enterprise and foreign trade volume bestowed the title “world factory” to Dongguan in southern China’s Guangdong Province. As the 24th Chinese city whose GDP has surpassed 1 trillion yuan (about 140.62 billion U.S... Read More

RCEP boosts confidence in trade, regional cooperation

HEFEI, June 11 (Xinhua) — On June 2, the day the Regional Comprehensive Economic Partnership (RCEP) entered into force in the Philippines, Chizhou Customs in east China’s Anhui Province issued an RCEP Certificate of Origin for a batch of goods exported to the Southeast Asian country. ... Read More

More policy support urged for foreign trade growth

China’s foreign trade grew at a much slower pace than expected in May amid multiple headwinds, such as intensifying geopolitical tensions and a sagging world economy, which subdued global demand, prompting experts to call for greater policy support to stabilize the country’s export gr... Read More

China’s foreign trade shows resilience amid sustained growth

BEIJING, June 7 (Xinhua) — China’s total imports and exports expanded 4.7 percent year on year to 16.77 trillion yuan in the first five months of 2023, showing continued resilience amid sluggish external demand. Exports grew 8.1 percent year on year while imports rose 0.5 percent in t... Read More

China ready to work with int’l community to promote global trade, investment: vice premier

Chinese Vice Premier He Lifeng Wednesday said that China is ready to work with the international community to strengthen communication and exchanges, promote trade and stimulate growth drivers for investment cooperation. He, also a member of the Political Bureau of the Communist Party of China Ce... Read More

Trade between China’s Gansu, Belt and Road countries continues to surge

LANZHOU, May 25 (Xinhua) — China’s Gansu Province reported growing foreign trade in the first four months of 2023, with its trade volume with countries along the Belt and Road registering a year-on-year growth of 16.3 percent, data from local customs showed. From January to April, the... Read More

Escaping Dependency and Trade War:China and the US

Abstract: Marxist political economy provides a perspective for grasping the rootcause of the China-US trade war. The international relations of production, which stemfrom the international division of labor, shape the distribution of international economicinterests and the political status of cou... Read More

Manufacturing Localization, TechnologyBackfire, and Economic De-globalization

Abstract: Since the global financial crisis, global value chain (GVC) have beencontracting amid the trend toward economic de-globalization. With GVC participation ratein mind as the core indicator of economic de-globalization, in this paper we create a multicountrygeneral equilibrium model to cha... Read More

Steel: The demand for peak season gradually enters the platform period

The demand is relatively stable, and the impact of peripheral risk events has led to a slight decline of steel prices this week. The steel price has declined slightly. After the experience has gradually entered the platform period after the early stage of the experience, the screw steel apparent ... Read More
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