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East Asia
China supports necessary reforms of WTO: Ministry of Commerce
China supports necessary reforms of the World Trade Organization (WTO) as the multilateral trading system is severely impacted, the Ministry of Commercesaid at a press conference on Nov. 23rd. The multilateral trading system is now challenged by unilateralism and trade protectionism, said Wang Shouwen, Vice Minister of Commerce. He said…
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East Asia
China, Panama to cultivate more envoys of friendship
Instituto Cultural, a school in Panama established nearly 60 years ago, is the first school in the country adopting bi-lingual education in Spanish and English, and also the first one introducing computers and internet. Now, it is taking lead again in Chinese language teaching. “We planned to launch Mandarin course…
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East Asia
China urges US to bring economic ties back on track
The new accusations against China made by the United States in the update of the Section 301 investigation are in disregard of the facts and totally unacceptable, China’s Ministry of Commerce (MOC) said on Thursday. China is deeply concerned with the new accusations, and urges the U.S. to stop making…
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East Asia
G20 Summit to create more development chances for world
The upcoming G20 summit in Buenos Aires, Argentina has been endowed with special realistic significance given the deep-seated contradictions facing global development as well as the overlying risks and uncertainties encountered by today’s world economy. The summit, which would last from Nov. 30 to Dec. 1, comes as the rising…
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East Asia
Xi’s visit to bring opportunities for cooperation: Spanish Senate President
Chinese President Xi Jinping’s state visit to Spain will inject new dynamism to the Spain-China comprehensive strategic partnership and bring new opportunities for future cooperation between the two countries, Senate President Pio Garcia Escudero of Spain told People’s Daily in a recent interview. Spain is looking forward to his visit,…
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East Asia
China to release cross-border e-commerce import expansion list
The Chinese government is drafting a detailed policy for cross-border e-commerce retail imports with an initial 63 tax items covering consumer technology, food and health care products. After the expansion, the cross-border retail import list will include over 1,300 tax items, which covers the Chinese consumer demand for more products,…
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East Asia
China rolls out 53 measures for further reform, innovation in pilot FTZs
China’s State Council rolled out a series of measures to support pilot free trade zones (FTZ) and deepen reform and innovation, according to Tang Wenhong, head of the Department of Foreign Investment Administration of the Ministry of Commerce. The 53 small measures are expected to reach quick returns, Tang introduced…
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East Asia
China’s new economy value increases 13 trillion yuan in 2017
The value-added output of new industries, new types of business and new business models was about 12.96 trillion yuan (about $1.87 trillion) in 2017, accounting for 15.7 percent of China’s GDP, up 0.4 percentage points from 2016, the National Bureau of Statistics (NBS) said Thursday. In current prices, China’s new economy…
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East Asia
‘Ssireum’ listed as UNESCO intangible cultural heritage
“Ssireum,” Korean traditional wrestling, successfully made its way onto the UNESCO Intangible Cultural Heritage list, Monday, through the first-ever joint bid by North and South Korea. The Cultural Heritage Administration (CHA) announced that the two Koreas’ bid to inscribe ssireum on the list was accepted during the 13th session of…
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East Asia
What is the prime power behind China’s development?
Not long ago, I met a young man named Jili Amu at Amador Convention Center in Panama. He is a Yi nationality, one of the China’s ethnic minorities, in Liangshan Yi Autonomous Prefecture, southwest China’s Sichuan province. Jili was sent on recommendation to a graduate program after receiving his bachelor’s…
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