China Shifts Foreign Trade Focus to Sustainability by 2025

China Shifts Foreign Trade Focus to Sustainability by 2025

By 2025, China's foreign trade will shift away from a reliance on scale and achieve steady growth. Emerging markets will become the primary engine of growth, with a surge in exports of high value-added products, led by the 'new three'. The role of private enterprises will be strengthened, and trade patterns will diversify. Coastal regions will remain the main force, while central and western regions will accelerate their rise. China's foreign trade is transitioning from 'scale resilience' to 'structural resilience'.

Iran and China Facilitate Rialyuan Trade for Crossborder Payments

Iran and China Facilitate Rialyuan Trade for Crossborder Payments

Say goodbye to complicated Iranian Rial to CNY exchange rate calculations! We offer real-time updated rates, intuitive charts, quick conversions for common amounts, and exchange rate inquiries for various popular currencies. Smart search and secure payments simplify cross-border transactions. Data-driven insights, personalized customization, and customer-centric service help you navigate international transactions with ease. Get accurate exchange rates and streamline your cross-border payments involving Iranian Rial.

China Eyes Service Export Growth Amid Trilliondollar Trade Opportunity

China Eyes Service Export Growth Amid Trilliondollar Trade Opportunity

China's service trade is entering a golden age with significant export growth potential. By deepening institutional opening-up and focusing on new drivers like digital trade, green services, and "AI + Services", while optimizing the structure of traditional and high-end services and building a collaborative ecosystem, China is poised to achieve leapfrog development in service trade. This will contribute Eastern wisdom to the global economy. The key is to foster innovation and create a more favorable environment for international cooperation in the service sector.

China and Croatia Strengthen Ties Via Trade and Culture

China and Croatia Strengthen Ties Via Trade and Culture

The straight-line distance between China and Croatia is approximately 8,000 kilometers, but actual travel distance increases due to transfers. Air travel is fast but expensive, sea freight is economical but time-consuming, and land transport is a multi-country adventure. Despite the long distance, cultural exchange and cooperation between China and China and Croatia are growing closer. This involves navigating logistical challenges related to transnational transportation and planning for an extended Eurasian journey.

China Clarifies Export Tax Rebates for Foreign Trade Firms

China Clarifies Export Tax Rebates for Foreign Trade Firms

This article provides an in-depth interpretation of the "Exemption, Credit, and Refund for Export Tax" and "Exemption and Refund for Export Tax" policies within the export tax rebate system. It details the differences in applicable entities, calculation formulas, and tax bases. The aim is to assist foreign trade enterprises in selecting the appropriate tax rebate method based on their specific circumstances, thereby reducing tax costs and enhancing competitiveness. The article focuses on the practical application and comparative analysis of these two policies.

US China Agree to 90day Trade Truce Delay Tariffs

US China Agree to 90day Trade Truce Delay Tariffs

The US has once again extended tariff exemptions on Chinese goods, providing a 90-day buffer for US-China trade relations. This article analyzes the impact of the tariff extension on industries such as toys, furniture, and consumer electronics. It emphasizes the irreversible trend of supply chain diversification and highlights that these 90 days are a crucial period for businesses to adjust their strategies and prepare for future uncertainties. Companies should leverage this time to re-evaluate sourcing options and build resilience against potential disruptions.

China Restricts Mask Exports As US Raises Trade Concerns

China Restricts Mask Exports As US Raises Trade Concerns

Amidst the global pandemic, China's mask exports have drawn international attention. The US has accused China of hoarding supplies for profit, while China refutes this with data, emphasizing its significant aid to the US. This issue potentially involves trade friction and geopolitical maneuvering. Chinese companies should adhere to quality standards and adopt a cooperative approach to address global challenges. The controversy highlights the complexities of international relations during a global health crisis and the importance of reliable supply chains for essential medical goods.

China Cargo Airlines Opens Chongqingbudapest Route to Expand Trade

China Cargo Airlines Opens Chongqingbudapest Route to Expand Trade

China Eastern Logistics launched a direct Chongqing-Budapest cargo route, operated three times a week by Boeing 777F aircraft, primarily transporting cross-border e-commerce goods and IT products. This initiative will improve the efficiency of Chongqing's advantageous products entering the European market and further enhance the international cargo route network of Chongqing Jiangbei International Airport, contributing to the development of foreign trade in the central and western regions of China.

02/05/2026 Logistics
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Hong Kong China and Switzerland Push Trade Efficiency Reforms

Hong Kong China and Switzerland Push Trade Efficiency Reforms

The joint proposal by Hong Kong, China, and Switzerland aims to simplify import and export procedures, reduce documentary requirements, improve customs clearance efficiency, lower business costs, and promote trade growth. The proposal emphasizes minimizing procedural complexity, seeking alternative solutions, enhancing efficiency, conducting regular reviews, and abolishing unnecessary measures. It also focuses on the needs of developing and least developed countries through technical assistance and capacity building, jointly building a more open and efficient global trading system.

China Opposes EU Carbon Border Tax As Trade Barrier

China Opposes EU Carbon Border Tax As Trade Barrier

China's Ministry of Commerce has expressed concerns regarding the EU's Carbon Border Adjustment Mechanism (CBAM), arguing that its design exhibits trade protectionist tendencies and unfairly impacts Chinese exports. China emphasizes the principle of "common but differentiated responsibilities" and urges the EU to adhere to international rules, abandon protectionism, and jointly promote green trade and investment. China also stresses the importance of maintaining the stability of global supply chains.