Foreign Trade Needs to Break Through the Besieged Bottom

The predicament in China＇s foreign trade has been turned over as an old page and the favorable balance in the first half of 2010 is narrowing, which both predict a basically balanced development of Chinas foreign trade. But our export industrial chain calls for an urgent upgrading. Export and import in the foreign trade does not speed up its recovery without obstacles.     

Where We Are with CNY invoicing

CNY trade settlement volumes are increasing, and the pilot programme has been expanded Regulatory complexity is an issue as different localities issue different guidance Hong Kong has moved to allow more local CNY products and will likely become the key offshore CNY centre.     

China to be Latin America's2nd largest trade partner in 2015

Xnhua reported that China will become Latin America's second largest trade partner as early as in 2015,the UN Economic Commission for Latin America and the Caribbean (ECLAC) said on September 8.Osvaldo Kacef,director of ECLAC's Economic Development Division,said the current China-Latin America trade volume has already reached that of Europe.     

The Conspicuous Opening Date of CHAD

“The Opening Date of Chad”-an event organized by the Chadian Embassy to China will be held In Beijing on the 28th and 29th of June.It will take up such forms as meeting for discussions and site touring ect.,with the purpose of facilitating the mutual under standing between Chad and China as well as boosting the international exchanges between the two countrics in the area of culture,economy and trade.     

Package of Favorable Policies to Combat Virus and Stabilize Foreign Trade

Government institutions have recently promoted multiple policy measures to create a favorable business environment for enterprises and stimulate foreign trade.These measures include paperless procedures,optimization of export tax rebates,promotion of loan support and more favorable import taxes.It is believed that foreign trade will continue to receive support in this way as more policy measures are issued and implemented.     

CHINA'S FURTHER OPENING TO THE OUTSIDE WORLD

The Ninth Five-Year Plan is a crucial period for China's economicdevelopment.Through the efforts made over the past decade,Chinahas laid a very good foundation for opening to the outside world.From now on, while continuing to expand the scope of opening,moreattention will be paid to raising its level so as to promote economicgrowth and increase quality benefits as a target and expand technicalexchange and cooperation in foreign trade and economy.     

A Mixed Picture of AQUATIC PRODUCTS

Aquatic products constitute an important part of China＇s international trade in agricultural products with the strongest competitiveness for export. The aquatic products industry of apparent competitive edge has maintained a considerable trade surplus despite the general trend of trade deficit among agricultural products in recent years. Nevertheless, the great changes taking place in the global economic and trade pattern in late years have given rise to the increasing uncertainties of the supply and demand as well as the price in the international aquatic products market.     

The 101^st Canton Fair, Import Functions Added, Eyes New Market, New Trade Partners

The 101st Session of Canton Fair will be held in Canton city,Guangdong province from April 15 to 30, 2007. The fair, used to be named as China Export Commodities Fair for 100 sessions, is to be rebranded as China Import and Export Fair. By changing the name, a new service as import will be added, so as to encourage more import to meet the capacious market demand in China market, pursuing a more balanced and healthier international trade development.     

The Twelfth Five-year Plan About to Come Clear： China＇s Foreign Trade Accelerate to Transform

Resources say that China＇s total volume of import and export trade will hopefully reach or exceed USD 2.5 trillion in 2010; and trade surplus will stay at around USD 180 billion, which not only will turn last year＇s downward trend around, but also indicates an overall positive trend.