China is projected to import 30 million metric tons of soybeans from the United States during the 2025 marketing year (Sept 1, 2024, to Aug 31, 2025), with both countries recognizing significant opportunities for expanding agricultural cooperation, according to a senior executive of the US Soybean Export Council. Janna Fritz, the council’s vice-chair, noted that […]
November 12, 2024 — South China’s Guangdong province has demonstrated a significant demand for major imported products in the first 10 months of 2024, reinforcing its position as China’s largest foreign trader. Official statistics released by the Guangdong Sub-Administration of General Administration of Customs of China (GACC) on Monday revealed a strong year-on-year increase in […]
November 12, 2024 — Despite global geopolitical uncertainties and the rise of protectionism, China and Finland are intensifying their collaboration in green technologies, which officials say will play a crucial role in driving sustainable growth globally. This message was prominently echoed during the 2024 Finland-China Business Summit held in Shanghai in late October, where Finnish […]
Siemens Energy is deepening its commitment to China, reinforcing its role as a key player in the country’s energy transition. This was underscored by Christian Bruch, President and CEO of Siemens Energy AG, who highlighted the growing collaboration with local partners to support both China’s energy modernization and the broader global transition to sustainable energy. […]
South China’s Guangdong Province, the country’s largest foreign trader, has reported impressive growth in its imports during the first 10 months of 2024. The province’s demand for major imported products has seen significant increases, driven by both strong economic growth and high domestic demand. Key Import Statistics: Trade Performance and Economic Outlook: Significance of Guangdong’s […]
China’s foreign trade surged by 5.2% year-on-year to reach 36.02 trillion yuan ($5.03 trillion) in the first ten months of 2024, with exports rising 6.7% to 20.8 trillion yuan, according to data from the General Administration of Customs. This growth is underpinned by policies designed to maintain trade momentum, with expectations that the country will […]
As of September 2024, China’s total number of business entities has risen to 188 million, a 3.9% increase from the previous year, according to the State Administration for Market Regulation. The growth was driven by the registration of 20.7 million new entities in the first three quarters of 2024, with self-employed businesses accounting for over […]
The humanoid robot industry in China is experiencing impressive growth, with 54 A-share listed companies in the sector reporting a combined revenue of 246.71 billion yuan ($34.59 billion) for the first nine months of 2024. This represents a 9.21 percent increase compared to the same period last year. Net profits for these companies also saw […]
China’s energy storage industry has seen explosive growth in recent years, positioning the country as a global leader in both capacity and technological innovation. According to the China Energy Storage Alliance (CNESA), China now holds a commanding 38% share of the global energy storage market, driven by a surge in new capacity and groundbreaking advancements […]
Key Takeaways from the CIIE Opening: The CIIE’s Growing Significance Global Political Engagement at CIIE Looking Ahead The discussions and agreements made at the CIIE highlight a concerted effort by China to position itself as a leader in global trade and innovation. With its proactive stance on market opening, technological advancements, and multilateral cooperation, China […]
