Maldives Embraces Chinese Renminbi for Import Payments
Maldives will soon allow import payments to be settled using China’s renminbi (RMB), enhancing trade ties between the two nations, as announced by Minister Mohamed Saeed.
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China’s Foreign Trade Climbs 5% in Q1 2024, Official Data Shows
China’s total goods imports and exports grew by 5% year on year in the first quarter of 2024, signaling strong economic momentum amid global uncertainties, according to official data released on Friday.
Asia-Pacific’s Largest Boutique Expo, 4th CICPE, Kicks Off in Hainan
China’s first major international exhibition of 2024, the 4th CICPE, launches in Hainan, showcasing over 4,000 brands from 71 countries, marking Asia-Pacific’s largest boutique expo.
Experts Discuss China-U.S. Trade Relations and Asia’s Sustainable Future
Experts discuss the implications of China-U.S. trade dynamics and Asia’s sustainable future, highlighting the roles of cooperation and innovation in global economic and environmental challenges.
Global Leaders Attend China Development Forum to Discuss Future Economic Growth
Global leaders gathered in Beijing for the China Development Forum, where Chinese Premier Li Qiang emphasized commitments to sustainable growth and openness, outlining China’s pivotal priorities for 2024.
A Glance at the 2024 China International Consumer Products Expo
The fourth China International Consumer Products Expo, known as the Hainan Expo, is China’s first major international exhibition in 2024, promoting global trade under the theme ‘Share open opportunities, Co-create a better life.’
ECB Keeps Interest Rates Steady at Record Highs
The European Central Bank has held its key interest rates steady at record highs, signaling a cautious approach amid global economic uncertainties.
China’s Outdoor Sports Industry Blossoms into Billion-Dollar Market
China’s outdoor sports industry is booming this spring, growing into a multi-billion-dollar market as accessible and inclusive activities attract people of all ages to embrace a healthier lifestyle.
China-Italy Economic Collaboration Boosts Italian Development
China-Italy economic collaboration since 2019 has significantly boosted Italy’s development, aiding recovery post-debt crisis through key infrastructure projects and increased trade.
New Quality Productive Forces Propel China’s Economic Transformation
China’s strategic emerging industries now contribute over 13% to its GDP, signaling significant economic transformation driven by sectors like new energy vehicles.
China Opens Telecom Sector to Foreign Investors in Value-Added Services
China is removing restrictions on foreign investment in value-added telecom services, allowing qualified foreign investors to establish wholly owned businesses in pilot regions before expanding nationwide.
China, U.S., and EU Strengthen Consumer Product Safety Cooperation
China, the U.S., and the EU have reached a new consensus to enhance cooperation on consumer product safety, aiming to protect consumers and improve international standards.
Peony Festivals: Blossoming Culture and Economy in China
The peony, China’s “king of flowers,” not only holds deep cultural significance but also boosts local economies through festivals and global markets, intertwining tradition with modern growth.
Senior Chinese Official and Singaporean Deputy PM Discuss Economic Cooperation in Beijing
Senior Chinese official He Lifeng met with Singaporean Deputy Prime Minister Heng Swee Keat in Beijing to discuss deepening economic and financial cooperation between China and Singapore.
China’s March CPI Rises 0.1%, PPI Falls 2.8% Amid Seasonal Changes
China’s CPI rose 0.1% year on year in March, while PPI fell 2.8%, reflecting seasonal demand changes after the Spring Festival holidays, according to the National Bureau of Statistics.
ADB Raises China’s 2024 Growth Forecast to 4.8%
The Asian Development Bank has raised its forecast for China’s 2024 economic growth to 4.8%, reflecting a more optimistic outlook. Developing Asia’s growth forecast was also nudged up to 4.9%.
Camping Craze Boosts Coastal Tourism in Sanya
Coastal tourism surges in Sanya as camping events attract visitors to enjoy tent accommodations, sea breezes, and stunning sunsets.
Global Trade Set to Rebound by 2.6% in 2024, WTO Reports
The World Trade Organization forecasts a 2.6% rebound in global merchandise trade in 2024 after a contraction in 2023, attributing the growth to easing inflation and rising real incomes boosting consumption.
Oman Unveils $5.2 Billion Fund to Fuel Post-Oil Economic Transformation
Discover how Oman’s new $5.2 billion Oman Future Fund aims to drive economic diversification beyond oil and gas, aligning with the Sultanate’s Vision 2040 for comprehensive transformation.
China and EU Strengthen Economic Ties Amid Geopolitical Challenges
China and the EU are enhancing economic ties amid geopolitical challenges, implementing initiatives from recent summits and dialogues to reinforce their partnership and promote global economic stability.