Indonesia will lift an export ban on crude palm oil, cooking oil, refined, bleached and deodorized (RBD) palm oil, and RBD palm olein starting May 23, as the country has brought domestic cooking oil prices and supply under control.
The bilateral trade between China and the Republic of Korea (ROK) has exceeded 360 billion U.S. dollars due to the rapid development of economic and trade ties between the two countries, said the Ministry of Commerce Thursday.
China's consumption is expected to sustain its recovery momentum as the impact of COVID-19 is gradually brought under control and supportive policies take effect, said an official with the Ministry of Commerce (MOC) Thursday.
Both the United States and China were better off for the development and success of bilateral commercial relations over the past few decades, a U.S. business leader said on Wednesday.
China will ramp up multiple policy supports, including cutting costs and increasing funding, to help small and medium-sized companies tide over difficulties, officials told a press conference on Wednesday.
Premier Li Keqiang pledged stronger support for the platform economy and the digital economy on Wednesday, including steps to help businesses get listed both in China and abroad, as part of broader steps to counter the downside pressure facing the economy.
Though recent outbreaks of COVID-19 have been pressuring small and medium-sized enterprises, China's economic fundamentals remain unchanged and more efforts will be made to bolster SMEs' ability to cope with short-term difficulties, an official said on Wednesday.
China's accelerated push for building a national unified market will create broader development space for all players, including foreign businesses, signaling a key step to deepen market-oriented reforms and foster high-quality development.
Chinese Premier Li Keqiang has called for an accelerated pace and ramped-up efforts in the implementation of macro policies.
The Chinese side hopes the United States will listen attentively to the sensible and pragmatic voice of U.S. companies, and bring bilateral relations back onto the right track of sound and steady development.
Heilongjiang, China's northernmost province, saw its foreign trade in goods grow 34.1 percent year on year to 77.77 billion yuan (about 11.5 billion U.S. dollars) in the first four months of this year, customs data showed.
Northwest China's Xinjiang Uygur Autonomous Region saw foreign trade of around 52 billion yuan (about 7.7 billion U.S. dollars) in the first four months of this year, up 33.7 percent year on year, according to local customs.
Shanghai has cut off the community transmission in the latest resurgence of COVID-19 infections in all districts, as businesses began to resume operation starting Monday.
Ever since the People's Bank of China, the country's central bank, announced in early April a list of 11 cities joining the trial use of the digital yuan, many first attempts have been made over the past month, largely enriching the e-CNY's application scenarios.
China is studying and revising the catalog of industries in which foreign investment is encouraged and therefore offering more business opportunities for global stakeholders to participate in China's high-quality development.
A growing number of manufacturers in Shanghai have relaunched their operations despite the challenges posed by COVID-19, showing their confidence in the city's economic outlook.
China is considering additional fiscal policy support while mounting an all-out effort to put existing measures into place, providing a strong buffer against downward pressures on the national economy, officials and experts said on Tuesday.
China's top political advisor Wang Yang on Tuesday urged continued efforts to boost the development of the digital economy.
China became the third largest source of imported goods for Ireland in the first quarter (Q1) of this year, up two places compared to a year ago, the latest official data shows.
China has continued to record a net inflow of cross-border capital, and has maintained the yuan's generally stable exchange rate as Chinese banks reported a large net foreign exchange purchase last month, official data showed on Tuesday.
China has accelerated the implementation of a slew of fiscal and tax policies to shore up economic growth, a senior official said on Tuesday.
China's economy will return to normal operations soon thanks to effective epidemic control and a raft of policies, an official said Tuesday.
More than 81 million domestic and overseas tourists visited south China's tropical island province of Hainan in 2021, equivalent to 97.5 percent of visits in 2019, local authorities said Tuesday.
All 16 Shanghai districts have recorded zero COVID-19 community transmissions outside quarantine areas, said Zhao Dandan, deputy director of Shanghai Health Commission at a press conference Tuesday.
The number of trips handled by China-Europe freight trains saw a steady rise in April while maintaining smooth and stable operation, an official said Tuesday..
China's economy will return to normal operations soon thanks to effective epidemic control and a raft of policies, an official said Tuesday.
India's ban on wheat exports has renewed global concerns about rising food prices and could add to the woes of food-deficit countries since the onset of the Russia-Ukraine conflict.
Economists advised China to adopt a more proactive fiscal policy, increase government spending and take greater steps to bolster consumption, as the economy may encounter strong headwinds during the lingering COVID-19 pandemic.
The differentiated home loan policies announced on Sunday by State financial authorities will not only lower homebuyers' monthly repayment amount but send a positive signal that the government is all for the stable and healthy development of the housing market.
China's economy is supposed to see improvement this month despite weak business data in April, and economic activities may rebound with a gradual recovery in household spending and strong fixed-investment support in the following months.