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Three figures show that China's economic growth is roaring in consumption. First, retail sales rose at the strongest pace in eight months in October. Second, the consumer confidence index rebounded for the first time after six consecutive months of decline. Third, on Nov. 11, express delivery volumes reached 701 million packages, setting a new record for Singles' Day.
U.S. retailers are creating contingency plans to deal with the prospect of President-elect Donald Trump's proposed tariffs as he heads back to the White House.ory tariffs.
Experts and officials from both domestic and international spheres have praised China's voluntary financial support to developing nations within the South-South cooperation framework.
China's trade with Brazil increased by nearly 10 percent in the first 10 months of 2024, highlighting the deep economic and trade ties the two nations have built over the past 50 years, Chinese state broadcaster CCTV said on Sunday.
China is poised to meet its annual growth target of around 5 percent this year as positive factors continue to accumulate heading into the fourth quarter, and as the effects of recent stimulus policies gradually take hold, economists said on Friday.
The China-Europe freight train service, a calling card of the Belt and Road Initiative, reached a major milestone on Friday, with the departure of the 100,000th train service, according to China State Railway Group, which manages and oversees the service.
U.S. retailers are creating contingency plans to deal with the prospect of President-elect Donald Trump's proposed tariffs as he heads back to the White House.
Chile firmly supports China's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), said Chilean President Gabriel Boric on Friday.
At the recently concluded China International Import Expo in Shanghai, Peru's fluffy alpaca toys became one of the most viral items.
APEC has become an increasingly valuable platform for fostering international cooperation and promoting trade liberalization, experts said.
China has "full confidence" that it will meet the growth targets for this year and remain the biggest engine of world economic growth, President Xi Jinping said on Friday, reaffirming Beijing's pledge to open its door to the world even wider.
A newly opened sea-rail transportation service has facilitated the import of nonferrous metals from Peru to Northwest China's Gansu province, which is expected to expand business and benefit the economies of both sides.
"The United Kingdom and China are perfect partners if we can work together on ESG (Environmental, Social and Governance) and sustainability, overcoming our differences to make the world a better place," said Stuart Dunn, executive director of BritCham Shanghai, during an interview with China News Network.
China is willing to exchange experience on industrial park construction with Peru, said Chinese President Xi Jinping on Thursday.
The Chancay Port will strongly consolidate Peru's position as a gateway that connects land and sea, Asia and Latin America, said Chinese President Xi Jinping on Thursday.
China and Peru will continue to support an open, transparent, and non-discriminatory multilateral trading system centered on the World Trade Organization (WTO), said a joint statement issued Thursday.
China and Peru reaffirmed their commitment to multilateralism, pledging to uphold the UN-centered international system and the international order based on international law, said a joint statement issued Thursday.
China reported sustained recovery trends in October due to a set of incremental policy measures that have significantly bolstered market confidence, key economic indicators revealed on Friday.
Amid complex geopolitical challenges, it is more important than ever for member economies of the Asia-Pacific Economic Cooperation to build closer links and strengthen regional trade capacities, experts said at a webinar on Wednesday.
China and Peru stressed the importance of cooperation in artificial intelligence capacity building, and enhancing the digital competitiveness of all people, especially vulnerable groups, said a joint statement issued Thursday.
China and Peru are willing to enhance their cooperation on fishing industry, so as to promote the sustainable development of this industry, said a joint statement issued Thursday.
China and Peru will jointly explore new opportunities for cooperation under the framework of the Belt and Road Initiative to achieve mutual benefit and win-win results.
China and Peru are willing to incorporate projects in such emerging areas as circular economy, sustainable agriculture, industrial and supply chains, digital economy investment and green development into bilateral cooperation.
China and Peru welcomed the establishment of China-Peru aviation links by Chinese airlines through code-sharing, cultivating the market for the launch of direct flights.
Trade in goods between China and Latin America and the Caribbean (LAC) hit $427.4 billion in the first three quarters this year, up by 7.7 percent year-on-year.
China and Peru welcomed the signing of a protocol on upgrading the bilateral free trade agreement during Chinese President Xi Jinping's visit, said a joint statement issued Thursday.
Preferential tax policies — including lowering transaction costs — have been announced to actively support housing demand and ease financial strain among real estate developers.
Premier Li Qiang has urged Hebei province to step up efforts to build the Xiong'an New Area into a high-quality area with high standards and make new progress in promoting the coordinated development of the Beijing-Tianjin-Hebei region.
In its 35th year of existence, the Asia-Pacific Economic Cooperation continues to remain relevant despite the emergence of other regional forums and is projected to maintain its growth in the face of global uncertainties and challenges.
With the joint efforts from both sides, China-Latin America trade in goods "will continue to grow at a high rate and achieve a higher level of mutual benefit and win-win results".
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