China’s Digital Services Boom Commended by WTO at CIFTIS 2024
At CIFTIS 2024, WTO Deputy Director-General Johanna Hill lauds China’s impressive growth in digital services exports and its further opening of sectors like banking and telecom.
Business
Comprehensive coverage of economic and business news worldwide, with a strong focus on Asia’s emerging markets, trends, and opportunities.
Read More
ISO President Praises China’s Leadership in Service Sector Standardization at CIFTIS 2024
At CIFTIS 2024, ISO President Sung Hwan Cho praised China’s key role in advancing service sector standardization, highlighting contributions to international standards in tourism, online travel, and exhibitions.
Australian Diplomat Highlights China and Australia as ‘Natural Trading Partners’
Australian diplomat Dominic Trindade describes China and Australia as “natural trading partners” with a long history, emphasizing the crucial role of services trade in their bilateral relationship.
CPA Australia President Praises CIFTIS as Global Platform for Innovation and Collaboration
CPA Australia President Dale Pinto praises the China International Fair for Trade in Services (CIFTIS) as a leading global event fostering collaboration, innovation sharing, and showcasing expertise.
New Payment Solutions Simplify Travel for Foreign Visitors in the Chinese Mainland
New payment solutions unveiled at CIFTIS are making travel in the Chinese mainland easier for foreign visitors. Discover how mobile payments are revolutionizing the tourist experience.
China Expresses Deep Disappointment Over EU’s Rejection of EV Proposals
China’s Commerce Ministry expresses deep disappointment as the EU rejects proposals from Chinese EV producers to avoid tariffs, potentially escalating trade tensions.
China Suspends PwC Operations for Six Months Over Evergrande Audit
China’s Finance Ministry has suspended PwC’s operations for six months and fined its onshore arm 116 million yuan due to its work with troubled property developer China Evergrande Group.
China Suspends PwC Operations Over Evergrande Audit
China’s Finance Ministry has suspended PwC’s operations for six months due to its audit work with troubled property developer China Evergrande Group, and fined its main onshore arm 116 million yuan.
Middle East Embraces Eastern Partnerships in New Era of Cooperation
Middle Eastern nations are ushering in a new era of political reconciliation and economic growth by strengthening ties with China and other eastern countries, signaling a shift in global dynamics.
Americans Brace for First Interest Rate Cut Since March 2022
Americans are preparing for a potential interest rate cut when the Federal Reserve meets in September, signaling a possible shift in monetary strategy. This would be the first cut since March 2022.
China Releases New Report Criticizing U.S. WTO Compliance
China’s Ministry of Commerce has released a new report accusing the United States of continued non-compliance with WTO rules, criticizing U.S. policies that undermine multilateral trading systems.
China’s CIFTIS 2024 Opens Doors to Global Opportunities in Services Trade
China’s International Fair for Trade in Services 2024 opens in Beijing, highlighting global opportunities in services trade and showcasing cutting-edge technologies.
China to Extend Zero-Tariff Benefits to All LDCs from December 2024
China announces zero-tariff treatment for all exports from least developed countries with diplomatic ties, starting December 1, 2024, to promote common development.
Chinese Commerce Minister Wang Wentao Set for EV Tariff Talks in Europe
Chinese Commerce Minister Wang Wentao will meet with Valdis Dombrovskis of the European Commission on September 19 to discuss the EU’s anti-subsidy case on Chinese-made electric vehicles.
President Xi Jinping Congratulates Opening of 2024 CIFTIS in Beijing
President Xi Jinping sends a congratulatory letter to the 2024 China International Fair for Trade in Services (CIFTIS), highlighting China’s commitment to high-quality development and global economic cooperation.
Chinese Premier Li Urges Saudi Companies to Deepen Investment in China
Chinese Premier Li Qiang urges Saudi companies to deepen investment in China, highlighting opportunities for enhanced cooperation in traditional and emerging sectors, and promising a favorable business environment.
Standard Chartered: China-Middle East Trade Corridor Among Fastest Growing
Standard Chartered’s President of International, Benjamin Hung, highlights the China-Middle East corridor as one of the fastest-growing trade routes, emphasizing China’s pivotal role in the region’s development.
Delayed Retirement Age Will Not Impact Employment in China, Says Think Tank
A delayed retirement age will not impact employment rates in China, as economic development is the ultimate factor, says Zheng Bingwen of the Chinese Academy of Social Sciences during the 2024 Bund Summit.
Strengthening China-Spain Relations: A New Chapter of Friendship and Cooperation
Spanish Prime Minister Pedro Sanchez’s recent visit to Beijing marks a significant milestone in strengthening China-Spain relations, highlighting the deepening friendship and growing cooperation between the two nations.
China’s Top 500 Enterprises Reach Record 110 Trillion Yuan in Revenue
China’s top 500 enterprises reached a record high revenue of 110 trillion yuan in 2023, marking a significant milestone in the nation’s economic development.