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                  SOURCE >> Economy

                  China-US trade surged 3.9% in first 10 months as phase one deal goes smoothly amid pandemic: experts

                  China-US trade value surged 3.9 percent year-on-year to 3.2 trillion yuan ($480 billion) in the first 10 months, almost double the growth in the first three quarters, which experts said reflected the complementary trade structure of the world's two largest economies amid the coronavirus pandemic as well as China's commitment to implementing the phase one trade deal.
                  Source: Global Times | 2020/11/7 23:09:27

                  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

                  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

                  Norway's seafood exports to China see positive signs month-by-month

                  The export volume doubled in October compared to the month before, with the export value increasing by 89 percent.
                  Source: Global Times | 2020/11/6 15:05:20

                  Chinese online buyers take fast lane in CIIE to purchase overseas goods

                  The 3rd China International Import Expo (CIIE), which is one of the world's largest trade fairs, has offered a big stage for overseas brands, and more Chinese online companies have taken the "fast lane" to introduce more goods to the giant market, despite uncertainties in global trade brought by the coronavirus pandemic.
                  Source: Global Times | 2020/11/6 0:02:44

                  Moves against Australian goods 'comply with FTA'

                  China's Foreign Ministry said relevant measures taken on imported goods are in accordance with China's laws and international practice and aimed at safeguarding the interests of domestic industries and the safety of Chinese consumers, in response to a question raised over a reported ban by Chinese authorities on multiple categories of Australian goods.
                  Source: Global Times | 2020/11/5 22:27:04

                  Bourse to ensure investors get Ant IPO refunds

                  The Shanghai Stock Exchange (SSE) said on Thursday that a decision by Ant Group on the same day to suspend its IPO from the STAR Market is a responsible act for the market and investors.
                  Source: Global Times | 2020/11/5 22:13:27

                  BRI projects 'positive force' against COVID-19: FM

                  China's Foreign Ministry said projects under the China-proposed Belt and Road Initiative (BRI) have made positive contributions to countries where these projects are located amid the global fight against the COVID-19 pandemic.
                  Source: Global Times | 2020/11/5 21:53:40

                  Figuratively speaking

                  30,000 Square meters of expansion in exhibition area at 3rd China International Import Expo (CIIE) compared with 2nd event
                  Source: Global Times | 2020/11/5 21:28:40

                  UK trade minister sees growing bilateral business partnership

                  As the third China International Import Expo (CIIE) officially kicked off on Thursday in Shanghai, the Global Times (GT) London correspondent talked to British Minister for Exports Graham Stuart (Stuart) about the UK's participation in the event.
                  Source: Global Times | 2020/11/5 21:21:42

                  Chinese tech giants seek talent amid tech competition with US

                  Chinese tech giants, such as Xiaomi and ByteDance, are busy recruiting talent amid ring tech competition with the US, in a bid to gain an advantage when Washington is moving to strangle Chinese tech giants through administrative weapons.
                  Source: Global Times | 2020/11/5 21:18:40

                  Alibaba posts strong Q2 revenue growth

                  Chinese e-commerce giant Alibaba, which launched of the nation's annual Singles' Day shopping carnival, on Thursday posted very strong earnings for the past quarter, as the COVID-19 outbreak turns out to have amplified the buying power of the nation's internet savvy consumers.
                  Source: Global Times | 2020/11/5 20:23:40

                  Professional buyers go on purchasing binge at 3rd CIIE

                  Professional buyers from Chinese mainland companies began to place massive orders on Thursday, displaying China's vast demand for global goods and services.
                  Source: Global Times | 2020/11/5 19:48:40

                  Australian exporters still bullish on China

                  Australian food exporters attending the 3rd China International Import Expo (CIIE) in Shanghai said that they are still attracted by and bullish on China's vast potential as the world's largest consumer market, despite fraught political ties and concerns over China's possible restriction on a number of Australian products.
                  Source: Global Times | 2020/11/5 19:38:42

                  China shares rally as Biden is closer to winning presidency

                  China's A-share market rallied on Thursday, with all three major stock indexes gaining significantly, as Democratic presidential candidate Joe Biden has gained more votes to nearing winning the US presidency.
                  Source: Global Times | 2020/11/5 17:32:15

                  China approves two antigen detection kits, shortening COVID-19 testing time to 20 minutes

                  Chinese medical regulatory authority approved the first two COVID-19 antigen detection kits, which can shorten the testing time to 20 minutes, according to the National Medical Products Administration (NMPA).
                  Source: Global Times | 2020/11/5 14:23:40

                  Foreign investment in Q4 to remain stable in China: MOFCOM official

                  A Chinese official predicted that the foreign investment in the fourth quarter will maintain the current stable and positive trend, given a strong economic performance.
                  Source: Global Times | 2020/11/5 12:20:40

                  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

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