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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 ...
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 ...
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 ...
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).
As of 2023, Facebook operated 21 data centers. [200] It committed to purchase 100% renewable energy and to reduce its greenhouse gas emissions 75% by 2020. [ 201 ] Its data center technologies include Fabric Aggregator, a distributed network system that accommodates larger regions and varied traffic patterns.
The State Administration for Market Regulation (SAMR; 国家市场监督管理总局) is a Chinese ministerial-level agency directly under the State Council of the People's Republic of China responsible for market supervision and management. SAMR was established in 2018. It is China's primary antitrust regulator.
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 ...