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Chinese customs suspend an Indonesian fish supplier after positive nucleic test

Chinese customs authorities suspend imports from Indonesian aquatic product manufacturer Anugrah Laut for one week nationwide after a sample of the company's frozen pomfret fish tested positive for COVID-19.
Source: Global Times | 2020/11/10 10:56:26

Chinese yuan continues to rally, hitting 24-month high against dollar

The Chinese currency, the yuan, strengthened to hit a 24-month high on Monday, as investors projected Joe Biden's winning US presidential election is most likely to remove uncertainty in the market, and that the world's second-largest economy's steady recovery would translate to a firmer currency.
Source: Global Times | 2020/11/9 15:25:01

China's BRI provides opportunities for development, say experts

China's Belt and Road Initiative (BRI) has become the world's largest platform for international cooperation, providing states, especially members of the Shanghai Cooperation Organization (SCO), with opportunities for development, Russian experts have told Xinhua.
Source: Xinhua | 2020/11/9 13:55:53

Shenzhen Component Index surges to 5-year high after US election

China's Shenzhen Component Index gained 2.26% on Monday morning, hitting record high since July 2015.
Source: Global Times | 2020/11/9 11:31:26

Chinese stocks rise on Monday after Biden becomes the US president-elect

Chinese A-shares opened higher on Monday, with all three major indexes rising after US president-elect Joe Biden prepares to move into the White House.
Source: Global Times | 2020/11/9 10:35:39

High-tech goods on full display in third CIIE

From smart unmanned vaccination capsules and artificial meat to the world's first complete carbon fiber supercar and the safest electric wheeled excavator, the ongoing third China International Import Expo (CIIE) in Shanghai has become a fest for high-tech products, showcasing consumer options for an exciting future.
Source: Global Times | 2020/11/8 18:38:40

Third China Int'l Import Expo sees fruitful results, despite logistical issue

Despite logistical hurdles caused by the pandemic, the third China International Import Expo (CIIE) kicked off in Shanghai on Wednesday, with 674 exhibitors and 1,351 shoppers from 64 countries participating, and 861 cooperation intention deals signed, the expo organizer said on Sunday, a strong evidence of how China's rising market has become a driving force for global businesses.
Source: Global Times | 2020/11/8 14:23:13

Luxury brands flock to CIIE eyeing the potential of Chinese market

From Cartier to Gucci, international luxury brands are showcasing their latest collections in the consumption exhibition hall of the third China International Import Expo (CIIE), turning it into one of the most glittering, bejeweled sections of the CIIE.
Source: Global Times | 2020/11/7 20:18:57

China's October exports growth hits 19-month high post COVID-19

Chinese exports grew at their fastest pace in 19 months in October, surging 11.4 percent year-on-year in dollar terms, data from China's customs authority showed on Saturday. Experts are linking the better-than-expected exports to China's resilience as the world's factory and its quick containment of the coronavirus as orders for the upcoming Christmas season are on the rise.
Source: Global Times | 2020/11/7 11:12:45

Shanghai ranks 6th globally in economic aggregate: report

Shanghai ranks sixth among cities globally in terms of economic aggregate, according to a report released on Friday at the ongoing China International Import Expo (CIIE).
Source: Xinhua | 2020/11/7 8:22:58

Rise of young spenders reflects China's consumption strength

Born to an ordinary family in Urumqi, capital of Northwest China's Xinjiang Uygur Autonomous Region, Sherry Guo was not a typical posh youngster featured in metropolis-themed dramas about China's dazzling urban lifestyles.
Source: Global Times | 2020/11/6 20:48:41

US rice enters Chinese market, on sale this month

The US has started to ship rice to China for the first time, as a leading multinational grain company revealed to the Global Times that the first batch of US-produced rice had been cleared and is set to hit markets later this month.
Source: Global Times | 2020/11/6 20:38:40

US voting curve-themed hoodies on sale on Taobao just after election

Before the White House claims a new master, Chinese clothing vendors have released products featuring the nail-biting US presidential election, with netizens praising Chinese manufacturers' sharp business sense.
Source: Global Times | 2020/11/6 19:38:40

First batch of US rice exports to China arrives, set to hit stores later this month

First batch of US rice exports to China arrives, set to hit stores later this month
Source: Global Times | 2020/11/6 18:28:14

China to further loosen foreign ownership restrictions on service sectors

Amid China's unswerving promotion of opening-up to the global market, China's Ministry of Commerce (MOFCOM) on Friday announced it will further loosen foreign ownership restrictions on service industries, including value-added telecommunications services, commercial services and other sectors, to facilitate the development of new forms of service trade.
Source: Global Times | 2020/11/6 17:08:40

China shares rally amid border opening-up commitment, close race in US presidential election

China's A-share market opens higher on Thursday amid a tough race in the US presidential election, with all three major indexes tensing upward.
Source: Global Times | 2020/11/5 11:50:23

China planning to boost holiday consumption

China will improve its holiday system, completely implement the paid leave system, and increase consumption during holidays, according to the full text of the proposals for the 14th Five-Year Plan (2021-25) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, which was released on Tuesday.
Source: Global Times | 2020/11/4 22:32:01

Diplomats in Shanghai discuss their preparation for third CIIE to take place amid epidemic

The third China International Import Expo (CIIE) will be held in Shanghai from November 5 to 10 as scheduled despite the impact of COVID-19 outbreak. The Global Times interviewed 12 foreign diplomats in Shanghai about their preparation and expectations of the upcoming CIIE.
Source: Global Times | 2020/11/4 20:23:40