Chinese passenger airlines will be able to increase their weekly round-trip flights to the U.S. from the current 35 to 50, starting from March 31, the U.S. Department of Transportation (USDOT) said on Monday after frequent China-U.S. interactions.
China will strive to expand its carbon trading market as soon as possible, as both trade volume and prices in the program are increasing, Zhao Yingmin, vice-minister of ecology and environment, said on Monday.
China is capable of effecting more measures to boost market confidence in property developers' liquidity and credit, thereby reversing the downward pressure on the Chinese economy from real estate and further vitalizing the economy.
China's national carbon emissions trading market has become the largest of its kind worldwide for greenhouse gas emissions, with the annual market coverage of carbon dioxide emissions reaching about 5.1 billion tons.
China's Interim Regulations for the Management of Carbon Emission Trading will come into effect this May.
The country's carbon trading market, which was launched in July 2021, has registered increases in both trade volume and price, according to Zhao Yingmin, vice-minister of ecology and environment.
Chinese Minister of Commerce Wang Wentao met with U.S. Trade Representative Katherine Tai on Monday, during the 13th Ministerial Conference of the World Trade Organization in Abu Dhabi, the United Arab Emirates, according to the ministry.
China strongly opposes the United States' misrepresentation of its lawful trade activities as "economic coercion", and emphasizes that the country stands firmly against U.S. unilateralism and bullying behavior.
China is willing to work with all parties to achieve more pragmatic results at the 13th Ministerial Conference of the World Trade Organization held in Abu Dhabi, the United Arab Emirates, said the country's top commerce official on Sunday.
China strongly opposes the United States' accusations regarding its trade policies and economic practices and called on the country to abide by the rules of the World Trade Organization and its own commitments, said the Ministry of Commerce on Monday.
Chinese provinces and cities are starting off strong with obtaining overseas orders in the Year of the Dragon by sending teams abroad while actively participating in international exhibitions.
Chinese Commerce Minister Wang Wentao met with Director-General of the World Trade Organization (WTO) Ngozi Okonjo-Iweala in Abu Dhabi, United Arab Emirates, on Sunday.
The Beijing-Tianjin-Hebei integrated development region has deepened cooperation in many fields including transportation, ecology and industry over the past 10 years.
The Chinese mainland is still leading the amount of financing in IPOs in global capital markets, despite the recent temporary tightening pace of IPOs nationwide.
Chinese Commerce Minister Wang Wentao will attend the 13th Ministerial Conference of the World Trade Organization, and strengthen cooperation among all parties, the ministry said on Thursday.
China has taken a decisive step toward bolstering its private sector by starting to draft a law on promoting the private economy, marking the latest step in boosting business confidence and revitalizing the growth of the world's second-largest economy.
China has expressed strong concerns following the recent announcement by the European Commission to launch a probe into a Chinese train manufacturer's alleged subsidy issues in its bid for a project in Bulgaria.
The China Securities Regulatory Commission stressed on Thursday that the nation's market regulators shall not intervene in normal transactions, denying foreign media reports that regulatory measures have been taken to restrict legitimate transactions of unloading shares and short selling.
China's capital market has shown strong vitality, with companies engaged in technological innovation, advanced manufacturing and green development expected to usher in new listing opportunities in 2024.
The 25-basis-point cut to over-five-year loan prime rate to 3.95 percent on Tuesday is good news for mortgages, and will help commercial banks to lower interest rates on first-home loans and guide more capital to private and small enterprises
The appointment of Zhang Wencai, a Chinese national with rich experience in development, by the World Bank Group as managing director and chief administrative officer, reflects China's growing presence in global governance.
More foreign enterprises have chosen Chinese courts to settle their patent and technology-related disputes, due to the equal protection offered to them in the handling of such cases, said an official with China's top court.
Shanghai will step up efforts to attract more investment into the city in order to stabilize economic growth and optimize its economic structure, city officials said at a news conference on Wednesday.
China has embarked on the formulation of a law aimed at promoting the development of the private sector, according to a legislative work symposium held on Wednesday.
The World Bank Group has announced the appointment of Zhang Wencai as managing director and chief administrative officer. He is expected to officially take office in March.
China's manufacturing dominance remains unshaken, evolving and adapting to the shifting global landscape, said experts who believe that perceptions of diminishing power often stem from anecdotes rather than data.
According to analysts, the rapid advancement of these sectors is poised to inject a renewed sense of confidence and dynamism into the world's second-largest economy.
South Korean shoppers spent 6.75 trillion won ($5 billion) on direct purchases of overseas products online in 2023, up 26.9 percent year-on-year, according to a report from The Korea Times, citing data from Statistics Korea.
China implemented the biggest-ever cut to a mortgage rate benchmark on Tuesday, indicating policymakers' dedication to bolster the struggling housing sector and the broader economy, with additional interest rate cuts likely on the horizon, experts said.
China's central bank cut the five-year loan prime rate (LPR) by 25 basis points to 3.90% from 4.20% previously, while the one-year LPR was left unchanged at 3.45%.