Foreign firms expand footprints in China amid swift recovery, further opening up

A giant ferris wheel, with the nickname "Tianjin Eye", is 110 meters in diameter and equipped with 48 capsules, which locates in Tianjin on Dec 30, 2019. [Photo/Xinhua] While global investments succumbed to the COVID-19 pandemics economic fallout, international companies are...

China records 6% rise in foreign trade

An employee inspects cargo handling equipment at a container terminal in the China (Shandong) Pilot Free Trade Zone in Qingdao, Shandong province. [Photo by Zhang Jingang/For China Daily] China saw its foreign trade increase 6 percent on a yearly basis to 2.88 trillion yuan in August,...

Understanding 'dual circulation' and what it means for world

An employee works at an aluminium alloy plant in Wuxing district of Huzhou, Zhejiang province. [Photo/Xinhua] Ever since Chinas top leadership floated the new economic development pattern of "dual circulation" in May, the market is abuzz with interpretations of how the model...

China's CIFTIS platform to boost trade in services: WTO official

Staff members walk in the temporary outdoor venue of the China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China, Sept 3, 2020. [Photo/Xinhua]World services trade is set to boom with digitization and e-commerce, and Chinas flagship fair kicking off Thursda...

FTZs sustain foreign trade

A technician works at a vehicle manufacturing plant in the Shandong FTZ in Jinan, East Chinas Shandong province. WANG KAI/XINHUAPilot zones with high standard to be set up in nation, says ministryChinas key free trade zones saw robust growth in foreign investment and trade during the ...