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          SOURCE >> Economy

          The third CIIE: high-tech

          The third China International Import Expo (CIIE) ended on Tuesday. The event offered enterprises from 64 countries channels to help them resume trade amid the COVID-19 pandemic, which has put a halt to many international activities.
          Source: Global Times | 2020/11/10 22:33:40

          China's import fair reports 2% rise in turnover

          The third China International Import Expo (CIIE), the largest in-person global trade event amid the pandemic so far this year, ended in Shanghai on Tuesday with a turnover of $72.62 billion, an increase of 2.1 percent over last year's - proof of China's ability to fulfill its opening-up promise despite headwinds, and this remarkable result also injects confidence in global businesses still struggling from the pandemic's impact.
          Source: Global Times | 2020/11/10 21:13:40

          Excavator sales jump in China, indicating robust economic recovery

          Propelled in part by the largest buying spree of the year, China's excavator index is reflecting optimism over near-term economic growth, especially in infrastructure and real estate, according to experts.
          Source: Global Times | 2020/11/10 20:43:40

          Biden can't ignore cooperation with China

          While Democrat Joe Biden, declared victory for the US presidential election over the weekend, may unite the country's allies in setting rules for global trade and continue to confront China after he assumes the presidency, he can't neglect cooperation with the world's second-largest economy, experts say.
          Source: Global Times | 2020/11/10 20:13:40

          China has clear rules for ships' cargo, crews: FM response to concerns over Indian cargo ship

          China has clear rules for epidemic prevention and crew quarantine at ports, Chinese Foreign Ministry spokesperson Wang Wenbin said on Tuesday, in response to concerns over an Indian ship stuck at a Chinese port.
          Source: Global Times | 2020/11/10 18:33:40

          China's import fair reports 2% rise in turnover

          The third China International Import Expo (CIIE) achieved cumulative intended turnover of $72.62 billion, up 2.1 percent year-on-year, reflecting China's achievements in COVID-19 prevention and control as well as economic and social development.
          Source: Global Times | 2020/11/10 18:08:40

          Higher expectations for China-Greece ties

          More than two thousand years ago, ancient Greeks thought of the far-off land in the east with beautiful imagination, dubbing China "the land of silk," and it wasn't long before the two ancient civilizations conducted trading and learned from each other via the ancient Silk Road.
          Source: Global Times | 2020/11/10 17:38:33

          China's inflation up 0.5% in October, the first time the index went below 1% in 42 months

          China's consumer price index (CPI), a key gauge of inflation, rose 0.5 percent in October year-on-year, dropping by 1.2 percentage points compared with last month, the National Bureau of Statistics (NBS) said Tuesday, marking the first time the index went below 1 percent in 42 months - since March 2017.
          Source: Global Times | 2020/11/10 11:30:26

          China's CPI was up 0.5% in October, the first time the index went below 1% since March 2017

          China's CPI was up 0.5% year-on-year in October, compared with 1.7% in the previous month. Food prices fell 1.8%, compared to an increase of 0.4% last month. It marked the first time the index – a gauge of inflation— went below 1% since March 2017.
          Source: Global Times | 2020/11/10 9:50:22

          China aims for more FTAs in further foreign trade development

          To adapt to the changing international and domestic trends, China will pursue international cooperation and competition as well as innovative development in foreign trade, one of the driving forces of the nation's economic growth.
          Source: Global Times | 2020/11/10 4:43:38

          China explains development blueprint to ambassadors, reiterates opening-up commitment

          China on Monday held a background briefing on the Fifth Plenary Session of the 19th Central Committee of the Communist Party of China (CPC) for ambassadors and representatives to China, where officials introduced the country's 14th Five-Year Plan (2021-25), long-range goals through the year 2035, and how they will provide opportunities to countries around the world that have been battered by the COVID-19 pandemic.
          Source: Global Times | 2020/11/9 21:57:47

          Chinese mask producers ready to lend hand if US needs amid epidemic

          Chinese personal protective equipment (PPE) suppliers may see increasing demand from the US as serious preventative measures are expected to be in place under a new Biden government, said industry representatives and experts.
          Source: Global Times | 2020/11/9 20:03:40

          Markets see Biden surge

          A coming Joe Biden US presidency is sending global markets higher and injecting notable optimism into China's equity market, as he is expected to move away from a financial decoupling with China, market observers said.
          Source: Global Times | 2020/11/9 19:41:20

          Foreign firms see opportunity in 'dual circulation' strategy

          At a time when China is rolling out a new roadmap for economic development pattern called “dual circulation“, many foreign companies view it as an opportunity to broaden their business operation in China, senior managers told the Global Times at the third China International Import Expo (CIIE) in Shanghai.
          Source: Global Times | 2020/11/9 19:08:40

          China-Mozambique financing cooperation is about development

          Mozambique's debt to China is moderate, and the current repayment situation is generally normal and sustainable. In response to a study by the Centre for Public Integrity in Mozambique on "hidden debt," both diplomat and expert have said that a debt status reality check needs to be carried out whilst keeping development in mind.
          Source: Global Times | 2020/11/9 19:03:40

          Supreme Court approves proposals for Shenzhen's new role

          China's Supreme People's Court has approved proposals that support Shenzhen in South China's Guangdong Province to become a pilot demonstration zone of socialism with Chinese characteristics, effective Monday.
          Source: Global Times | 2020/11/9 18:43:40

          Deep-water oil exploration on upward trend, global cooperation needed: experts

          Deepwater oil and gas production remains a key trend in the energy sector, and global cooperation on deep-water exploration needs to be enhanced to reduce costs against a backdrop of low oil prices, Chinese oil and gas experts said at China Energy Week 2020, a conference jointly held by the Oil Observer and Shanghai Petroleum and Natural Gas Exchange.
          Source: Global Times | 2020/11/9 16:25:21

          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

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