On Nov 3, a delegation of Canadian business leaders signed 20 deals with Chinese counterparts in Beijing in order to promote cooperation and strengthen ties between the two countries during the global economic slowdown period. The contract signed at a time when China becomes the second-largest trading partner of Canada, only second to the US.
More than 200 business leaders from Canada and about 400 from Read more…
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China Business, China Economy
Canada, China, cooperation, promote, trade
Danish Prime Minister Anders Fogh Rasmussen said yesterday, “To strengthen the mutually beneficial partnership between China and Denmark, the China Action Plan will be launched.”
The plan consists of political dialogue and cooperation in scientific research, technological innovation, education, trade and investment, culture, tourism, energy, environmental protection and the fight against climate change. Read more…
Popularity: 6%
China Economy
boost, Denmark, improve, Shanghai, trade
The National Bureau of Statistics (NBS) said yesterday that the contribution of trade to China’s economic growth fell to 12.5 percent in the first nine months of this year. The decline and the worsening global financial crisis have caused economists to forecast harder period for the exporters during the first half of next year. Read more…
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China Economy, China Trade Import Export
contribution, economic, fall, growth, trade
The free trade agreement (FAT), signed by China and New Zealand, signifies not only a great achievement for the two countries to promote their trade and economic ties. It also boosts free trade under the danger of a resurgence of protectionism.
China has been actively promoting free trade in recent years as the largest developing country in the world. The new agreement is the seventh FTAs China has signed with other Read more…
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China Business, China Business News, China Economy, China Trade Import Export
close, encourage, FAT, tie, trade
All overseas-funded enterprises will be unionized by the end of next year, an official from China’s top trade union body said yesterday.
Wang Ying, a division chief of the grassroots organization and capacity building department of the All-China Federation of Trade Unions (ACFTU), said more than 4,100 major foreign companies run by the Fortune 500 are doing business in China. Read more…
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China Business, China Business News, China Economy, China Trade Import Export
firm, overseas, trade, union
It is said that China is still the most attractive country for foreign direct investment (FDI) in the developing world despite the global financial crisis.
But according to a UN report, this year FDIs across the world will drop 10 percent from the record high of last year because major companies have scaled back their investment plans.
Global FDIs rose 30 percent to $1,833 billion in 2007, even Read more…
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China Business, China Business News, China Economy, China Trade Import Export, Investment China
direct, foreign, investment, trade
The biannual China Import and Export Fair has long been an event which attracts all traders.
The Canton Fair, as it is known, has been held every spring and autumn since 1957 in the southern city of Guangzhou.
The fair has become the bellwether of the nation’s foreign trade climate. People express their feeling “honoured” to be part of it.
In the early days, over 80 percent of China’s foreign trade deals were done with socialist countries led by the Soviet Union. But in the 1950s, Guangzhou was already the venue for entrepreneurs from Hong Kong, Macao Read more…
Popularity: 4%
China Business, China Economy, China Trade Import Export
event, fair, Guangzhou, history, trade
According to the fair organizers, the 13th Macao International Trade and Investment Fair (MIF) organizers, this fair is expected to attract more participants than ever from home and abroad with its much diversified displays.
The largest trade and economic annual event in the city will be held at The Cotai Strip TM Convention and Exhibition Center at the Venetian Macau from October 23 to 26, said Macao Trade and Investment Promotion Institute (IPIM).
The fair has contributed a lot to Macao in several aspects, such as investment, trade and cooperation with global business partners.
This year’s MIF will see a wider range of exhibiting pavilions, with the main displaying booths featuring companies from the mainland, European Union, and Portuguese-speaking countries. There will also be Read more…
Popularity: 4%
China Business, China Business News, China Economy, China Trade Import Export
business, event, fair, Macao, trade
More than 1,200 overseas exhibitors from 30 countries and regions are looking for trade opportunities at the 5th China International Small and Medium Enterprises Fair (CISMEF) and Sino-Korean Small and Medium Enterprises Fair that opened on Monday.
The fair was expected to promote exchanges between small and medium-sized enterprises at home and abroad. More than 10,000 participants were expected from overseas.
The South Korean Read more…
Popularity: unranked
China Business News
ASEM, exhibitors, industry, overseas, trade
The China-ASEAN (Association of Southeast Asian Nations) free trade area will be created by the catalyst—-the China-ASEAN Expo.
Gao Hucheng, vice-co-chair of the committee and also China’s vice-minister of commerce, said that the expo’s four successful rounds had made the FTA become true. Read more…
Popularity: 4%
China Economy, China Trade Import Export
ASEAN, China, expo, free, trade