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The Ministry of Commerce (MOFCOM) is an executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition (competition regulator) and negotiating bilateral and multilateral ...
Different sources of trade data may provide more or less complete data coverage, and more or less detail: reported vs. mirrored: One key distinction in trade data is between the reporting country (the country that provides data) and the partner country (the country listed as an export partner or import partner in the data provided by a reporting country).
In 2020, China signed major free trade agreements with the European Union as well as fifteen different Asia-Pacific countries. [11]: 259 As of at least 2023, China is the world's largest exporter, a status it has maintained continuously since 2010. [12]: 88 Effective 1 December 2024, China eliminated tariffs for goods imported from all of the ...
It provides a major trading platform and pricing center for renminbi and foreign exchange-related products. [2] CFETS is the trading platform of the China Interbank Bond Market (though not for the Chinese repo market, which is traded on the Shanghai Stock Exchange) and participates in China's policy of internationalization of the renminbi. It ...
Accession meant that China would engage in global competition according to rules that it did not make. China's admission was "an enormous multilateral achievement" that marked a clear commitment toward multilateralism. [16] When China joined the WTO, it agreed to considerably harsher conditions than other developing countries.
China has invested over 43.5 billion yuan ($6.12 billion) in a nationwide project to build computing data centers over the past years, a senior government official said on Thursday, amid tech ...
Washington has been trying to stem the flow of American personal data to China, part of a years-long struggle over trade and technology. In 2018, a U.S. panel that reviews foreign investments for ...
China International Electron Commerce Center (CIECC) is a government agency operating under the Ministry of Commerce of the People's Republic of China, that develops information projects. CIECC also facilitates international cooperation and exchanges in the electronic commerce with other countries at the state level.