News

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

Steel export went up by 0.9% y-o-y in 2022

ccording to the statistics of the Customs, the export of steel products was 5.401Mt in December. The total export was 67.323Mt in 2022, up by 0.9% y-o-y. The import of steel products was 700,000t in December. The total import was 10.566Mt in 2022, down by 25.9% y-o-y. As for iron ore and concentr... Read More

What is Q960E?

1.Q960E is the brand of the carbon steel plate. It belongs to high -strength quality steel plates. Q960E steel plate execution standard GB/T16270 steel plate standard production. Q960E steel plate is a high -strength steel plate. In capital, there are six types of steel plates of steel plates. Th... Read More

Steel export went up by 0.9% y-o-y in 2022

According to the statistics of the Customs, the export of steel products was 5.401Mt in December. The total export was 67.323Mt in 2022, up by 0.9% y-o-y. The import of steel products was 700,000t in December. The total import was 10.566Mt in 2022, down by 25.9% y-o-y. As for iron ore and concent... Read More

Steel PMI increased to 46.6% in January

According to the latest data released by China Federation of Logistics & Purchasing (CFLP) and NBS, the Purchasing Managers’ Index (PMI) of manufacturing industry was 50.1% in January, 3.1 percentage points higher than that in December 2022. New order index (NOI) was 50.9% in January, 7.0 per... Read More
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