RMB Exchange Rate Reform：Past and future

With the deepening of China＇s financial reform, economic development and the enforcement of market roles, the RMB exchange rate needs to become more flexible and become a more sensitive reflection of the changes in market supply and demand. Under such circumstances, on July 21, the People＇s Bank of China announced that the previous system where China＇s RMB was pegged to the U.S. Dollar would be changed to include a basket of foreign currencies, shifting China＇s exchange rate system into a managed floating exchange rate regime based on market supply and demand.     

April,Another Recovering Month for Im/Ex

China＇s import and export in April,2009 continued to be another month of decreasing trade, the consecutive sixth month from last November.On May 12,General Administration of Customs of the People＇s Republic of China announced the profile of China foreign trade import and export in the first 4 months of this year.According to the customs＇ statistics,the total     

THE DIFFERENCE OF LAW ON ANTIDUMPING BETWEEN CHINA AND U.S

According to the statistics, China＇s total volume of foreign trade has exceeded 1 billion dollars in 2004. From 1997 to 2004, China began the Anti - Dumping investigation against the foreign products. Now, China is the world＇s biggest injured state of anti -dumping investigations. With the continuous come down of China＇s tariff, there are more and more dumping of foreign products in China. With increasingly severe anti - dumping lawsuits, we must be conscientious and make a good job of studying the basis of anti - dumping law and practice of the western countries, especially the USA. So that we can speed up the improve of China＇s anti - dumping legislation.     

Will China Continue to be the Engine of the World＇ s Economy？.

No one has an answer as to whether China＇ s economy will keep chugging along and remain the engine of the world＇ s economy. I for one am very optimistic as to the country＇ s growth prospects
With economic data consisting of mixed signals, it＇ s really a challenge to definitively know how China＇ s economy is really performing, and where it s headed.     

Annual Report On China＇s Exhibition Industrv 2009 （Ⅰ）

In order to enable those who are concerned with the development of exhibition industry to better understand China＇s exhibition industry＇s growth trend and basic features on policy regulation, opening up to the outside world and market characteristics, China Council for the Promotion of International Trade （CCPIT） organizes experts and scholars of the industry to compile and publish Annual Report on China＇s Exhibition Industry in both Chinese and English every year since 2004. After years of efforts,     

Two Sessions：Hopes Fill into Trades--Wen＇s Report：No Difficulty Can Daunt China

March in Beijing doesn＇t only embrace the warm spring＇s coming, also the two parliamentary sessions of China, the national conference in the highest level of China＇s parliament and top political advisory body. This year＇s two sessions, namely, the 2nd Session of the 1 lth National People＇s Congress （NPC） and the 2nd Session of the 1 lth National Committee of the Chinese People＇s Political Consultative Conference （CPPCC） lasted from March 5 to 18, and March 3 to 14, respectively. It was the first NPC ＆ CPPCC held since international financial crisis China strongly felt last September.     

Encouraged Projects for Foreign Investment in China

According to official statistics, the population of foreign residents in China amounted to above 320 thousand by the end of last year. Most of them are working for institutions and enterprises in China. They are an undividable part of Chinas growing economy. To better promote business exchange between China and the world, and to better serve those foreign friends in China who contribute for China＇s international exchange, China＇s Foreign Trade opens this special ＂Foreigner＇s Guidance＂ column, supplying useful information for foreign readers mainly on investment and trade in China. Each issue of the Magazine will focus on different aspect, from where business and life could be easier to start. We offer more than guidance!     

Focus on the Green Competitiveness

On May 16, the International Forum of China＇s Eco Civilization and Green Competitiveness was held in the Great Hall of the People. The forum was co-hosted by CCPIT, CPPCC Economic Committee and State Forestry Administration. China＇s Foreign Trade Council, China＇s Promotion Committee of Ecological Moral Education jointly undertook the forum, co-organized with Veolia Environment Group and Pinggu Government, Beijing. This forum aims at further enhancing people＇s awareness of ecology and the construction of environmental-friendly society in local government, strive to balance economic development and environmental protection, promote green production and consumption as well as to strength green competitiveness of both local and foreign enterprises, so as to enable them to better perform their social obligations.     

Italy and China： Trade, Culture and History——An Interview with Antonino Laspina, Commissioner of the Italian Trade Commission＇s Beijing office

Italy is a modern, industrialized nation which has managed to preserve its traditional culture intact. It is China＇s old friend, and its long-time trade partner. In 2006, the Year of Italy in China, various measures were taken to broaden the scope of China and Italy＇s relationship, not only in terms of economic cooperation and trade, but also concerning historical and cultural awareness. What sort of new opportunities for cooperation will we be seeing in the new year？ China＇s Foreign Trade interviewed Antonino Laspina, Commissioner of the Italian Trade Commission＇s Beijing office, about this question and more.     

Seeking China Capital for Investment in Iran Oil Refining

Influenced by the financial crisis, the overall bilateral trade volume between China and lran decreased .by 39% in the first quarter of 2009;however, the volume of Iran＇s exported crude oil to China has increased by 88% compared with the same period last year up to May of 2009, totaling 308.8 million tons. Iran, as the world＇s No.5 crude exporter, replaced Saudi Arabia as China＇s largest oil supplier. At the same time, China, as the world＇s No.2 oil consumer, now imports half of the crude oil it consumes, and has become Iran＇s third largest customer.     

Voices from the ＂Summer Davos＂ in Asia

China pledges to sustained growth
Wen Jiabao, Premier of the People＇s Republic of China, opened the World Economic Forum＇s Annual Meeting of the New Champions, laying out an ambitious agenda to reinvigorate China＇s economy while meeting social goals. He explained the nation＇s stimulus plan and called for increased cooperation to meet collective challenges as the world recovers from the recent financial turmoil. ＂Over the past year, the world economy has experienced the most severe challenge since the Great Depression,＂ said Wen. ＂Thanks to the concerted efforts and active measures of the entire world community, the world economy has started to recover.＂     

Im/Ex in April, 2010： First Monthly Trade Deficit in Six Years

On April 10, 2010, General Administration of Customs of the People＇s Republic of China （GAC） released the profile of China foreign trade import and export in April and the first quarter of this year. China＇s trade balance turned red in March with the country＇s first monthly trade deficit in six years. The GAC attributed the March deficit to shrinking exports of labor-intensive products, surging imports and rising commodity prices.     

Chile：Close Tie between China and Latin America

Chile was the first country in South America to establish a diplomatic relationship with China more than 38 years ago.Since then,with the bilateral free trade agreement in place,Chile has become China＇s second-largest trading partner in Latin America,and China is currently Chile＇s largest trading partner in the world.In April of 2008,China and Chile signed the Supplementary Agreement on Trade in Services of the Free Trade Agreement between the Government of the People＇s Republic of China and the Government of the Republic of Chile in Sanya, Hainan province.This was a historical milestone marking the longstanding relationship between China and Chile.To learn more about this bilateral relationship,China＇s Foreign Trade invited Mr.Mario I.Artaza,Director Commercial Office Trade Representative at the Beijing Embassy of Chile in China,to give us his point of view on the current business and economic environment that exists between these two countries.     

Weaving A Global Network

in recent years, private enterprises have increasingly become a major economic force in China. As such businesses grow, the revenue from the international business that they conduct grows accordingly. China＇s private enterprises are going global. Due to the world＇s economic globalizatlon and China＇s entry into the WTO, both domestic and international competition has come to be more intensified, which to some extent has provided a favorable environment for the international business operations of China＇s private enterprises. A document entitled Opinions of the State Council on Encouraging, Supporting and Guiding the Development of the Non-Public Ownership Economy, Including Individual Ownership and Private Investment, issued in February 2005, explicitly supports the exploration of foreign markets by private enterpris- es. It is the definitive guide for private business in China, and thus has been a driving force behind private enterprises to start international business.     

Im/Ex in March Witnesses Recovery Signal

China＇s import and export in March, 2009 continued to be another month of decreasing trade. On April 10, General Administration of Customs of the People＇s Republic of China announced the profile of China foreign trade import and export in the first quarter of this year. According to the customs＇ statistics, the total import and export value for March amounted to US$162.02 billion, 20.9% decreasing compared with the same period last year. Among the total value, the export value amounted to US$90.29 billion, down 17.1% year-on-year,     

Energy Saving,Environmental Protection：Top Priority in China＇s Development——Exclusive interview with Dr.Yonglong L,Secretary-general,Chinese Committee for SCOPE（Scientific Committee on Problems of the Environment/ICSU）.

Energy saving,emission reduction and economic development are major issues China has to meet in building a harmonious society.On one hand,China should pursue a sustainable,fast and sound economic development,on the other hand,she should try to decrease the overuse of energy resources and the environmental problems caused by the rapid economic growth. In this regard,on June 24,the Standing Committee of National People＇s Congress deliberated the draft of Energy Saving Law,according to which China is to take“resources saving”as a basic national policy.This is a key issue to the long-term benefits of China.With relevant questions,China＇s Foreign Trade interviewed Dr, Yonglong L（？）,Secretary-general,Chinese Committee for SCOPE（Scientific Committee on Problems of the Environment/ICSU）.and Research Professor at the Chinese Academy of Sciences. Let＇s listen to Dr.L（？）＇s comments with wisdom.[第一段]     

Congratulatory Messages For the New Year

The Embassy of the Islamic Republic of Afghanistan in Beijing wishes a happy and a prosperous New Year in 2007 to the People and Government of the People＇s Republic of China. In the year of 2007, we look forward to strengthening the relationships between the two countries and further cooperation between the Government of the People＇s Republic of China and the Government of the Islamic Republic of Afghanistan in various fields.     

Im/Ex in September, 2010: Export Continued to Surge

On October 13, 2010, General Administration of Customs of the People＇s Republic of China （GAC） released the profile of China＇s import and export in September and the first nine months of this year. China＇s foreign trade in the first nine months totaled US$2.15 trillion, a year-on-year increase of 37.9 percent, according to the GAC. Trade surplus for the first nine months of the year totaled US$120.6 billion.     

Penetrating Persisting and Partnering to Explore the International Market——Exclusive interview with Mr.Zhang Xiaoyu,Vice Chairman of CMIF

It can be said that the auto industry has seen a big shakeup since the breakout of the financial crisis last year, whether in China or in western countries. In order to help the auto industry keep its steady development, the Chinese government formulated the Automobile Industry Restructuring.and Revitalization Plan. Many other related institutes also took measures to assist the development of this industry. The China Auto International Exhibition Tour, organized by the China Machinery Industry Federation （CMIF） and the China Council for the Promotion of International Trade （CCPIT）, has been engaged in introducing China＇s automobiles to the world and promoting the worldwide recognition of Chinese auto brands since 1995. Now, as the 7th China Auto International Exhibition Tour is about to begin, China＇s Foreign Trade interviewed Zhang Xiaoyu, Vice Chairman of CMIF, about the current status of the auto industry in China and China＇s auto exports in 2009.     

Manufacturing：World Factory on Work

In the U-style trend of 2009, this year is predicted to face more difficulties and challenges in world and China＇s economic fields. China＇s Foreign Trade picks up several main industries, such as manufacture, energy, auto, high-tech industry and banking, to illustrate ＂the profile of industrial development in China far the new year.