Huan Zhu
Xi-Scholz Meeting: Industrial Cooperation, Market Access, and Sustainability
Chinese President Xi Jinping met with German chancellor Olaf Scholz today during Scholz's three-day China trip. Xi defended China's exports and called for bilateral collaboration, especially in machinery, automobiles, and the green transition, while Scholz highlighted market access and the regulatory environment in China.
Beijing Opens up Telecom for Foreign Investment
China's Ministry of Industry and Information Technology (MIIT) announced last week that the government will open up foreign investment in the value-added telecommunication business in some cities as pilot projects.
MOFCOM Official Calls Out EU "Double Standard" and "Protectionism" on Green Products
At the China-Italy Business and Dialogue Forum in Italy last Friday, Chinese Minister of Commerce Wang Wentao criticized the European Commission's recent actions against Chinese green products, including electric vehicles (EVs), solar panels, and wind turbines, calling them "trade protectionist" and a "double standard."
Beijing Sanctions Two U.S. Firms for Taiwan Arms Sales
Today, China's Ministry of Foreign Affairs announced sanctions against two U.S. defense industry companies for their arms sales to Taiwan.
China Pushes Back against EU Subsidy Investigations and Market Distortion Report
Today, officials from China's Ministry of Commerce discussed recent EU subsidy investigations against Chinese producers and an EU report on state-induced distortions in China's economy with their EU counterparts.
First Meeting of China-U.S. Commercial Issues Working Group
Last week, Chinese MOFCOM officials led by vice minister Wang Shouwen visited the United States for the first vice-ministerial meeting of the bilateral Commercial Issues Working Group, a communication mechanism created last year.
MOFCOM Minister Wang Begins Europe Trip on EVs
China's Minister of Commerce Wang Wentao began a visit to Europe last weekend, focusing on the electric vehicle (EV) industry. During recent meetings, he told Chinese auto makers that his government still supports them in protecting their rights and interests, and encouraged more collaboration between the Chinese companies