China’s Import New Record in 2018 Inspires the World Economy

With the end of 2018, China’s total imports are expected to exceed US$2 trillion, a new record high. According to customs data, in the first 11 months of 2018, China’s imports increased by 14.6% year-on-year....

Chinese Textile Companies Show Strength in Canada

While Canada faces trade frictions with the US, its textile industry is gaining a boost from Chinese partners. Hundreds of Chinese enterprises have joined the Apparel Textile Sourcing Canada (ATSC). China is the largest source-garment...

Chinese Manufacturers Eye Africa to Switch Production

China’s economy is moving to higher-value-added production, and worker’s wages are rising rather rapidly, this drives many low-wage producers, especially those in textile and garment sector to switch production to countries and regions with...

The Belt and Road Initiative Provides Opportunities for Chinese Tea Exports

According to China customs data, in the first three quarters of 2018, China exported 263,000 tons of tea, a year-on-year increase of 0.29%. The value was US$1.28 billion, an increase of 10.41%. It is...

Chinese Players Set Tone for Global 5G Development

China is planning on a large-scale commercial deployment of 5G in the first half of 2020. This will drive global players in telecommunication to catch up and seek for business expansion in China, according...

China Has Become the Second Largest Trading Partner of Latin America

Since the beginning of the 21st century, China-Latin America economic and trade relations have continued to develop steadily. Latin America has become one of the most dynamic regions in China's trade cooperation. China's Ministry...

Microsoft to Ramp up Efforts in AI Push

American tech giant Microsoft is planning on boosting its push in deepening AI in China through cooperation with healthcare players and empowering them with algorithms that are needed in the detection and prevention of...

China Opens Market to Indian Tea

The Chinese tea market is opening to India. China's consumption upgrades, rising consumer tastes, and the government's opening-up marked by relatively low import tariffs have brought unprecedented opportunities to Indian tea exporters. China's relatively low...

China’s November Figures Send Positive Messages for Manufacturing Sector

November has witnessed better-than-expected growth in China’s manufacturing sector, with the purchasing managers index rising to 50.2 from 50.1 in October, sending positive signals to the economy amid lingering downward pressure. Analyst expect that there...

AI Should Be a Public Good for The Whole World

AI has become a fieldthat is increasingly being seen as a global race. Countries are making effortsto develop AI and get an edge, enterprises are also racing to pool AI talent,data advantages.

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EU and Japan Sign Free Trade Agreement

The European Union(EU) and Japan signed an agreement on tariff reduction on Tuesday. According to the deal, 99 percent of the tariffs on Japanese...