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CFETS provides a major trading platform and pricing center for renminbi and foreign exchange-related products. [2] It 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.
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 ...
The China Council for the Promotion of International Trade (CCPIT), also called the China Chamber of International Commerce (CCOIC), is a trade body founded in 1952. [ 1 ] [ 2 ] CCPIT is controlled by the Ministry of Commerce .
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 ...
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.
The data showed China "is not yet out of the woods", said Erin Xin, Greater China economist at HSBC in a note, adding she expected China to ease monetary policy further and expand support for ...
In 2020, China signed major free trade agreements with the European Union as well as fifteen different Asia-Pacific countries. [12]: 259 As of at least 2023, China is the world's largest exporter, a status it has maintained continuously since 2010. [13]: 88 Effective 1 December 2024, China eliminated tariffs for goods imported from all of the ...
This follows years of new rules targeting China’s tech sector, including export bans on advanced chips and chipmaking equipment, steep tariffs on Chinese EVs, and a ban on U.S. investment into ...