Huan Zhu
China's Offshore Service Contracts Grow Slightly in 2023
China's Ministry of Commerce (MOFCOM) revealed that in 2023, China's total contract amount of offshore service outsourcing contracts reached US$215.4 billion, with the top destinations being the United States, Hong Kong, the European Union, and RCEP countries.
Xinjiang Exports to U.S. Rebound in 2023
According to official Chinese data, Xinjiang's exports to the United States and the rest of the world witnessed a rise last year. However, the region's trade is heavily skewed as it concentrates on a small set of nations and products.
New Chinese SPS Requirements for Food Imports in January
In January, China's General Administration of Customs (GACC) published sanitary requirements for food products from Brunei, Belgium, and Russia.
MOFCOM Criticizes U.S. Raids on Chinese Firms
The spokesperson for China's Ministry of Commerce today criticized U.S. government raids on Chinese firms, calling it "harm[ing] Chinese companies' confidence in investing in the United States."
China and Japan Meet about Export Controls as Japan Mulls New Controls
Earlier this month, trade officials from China and Japan held their first export control dialogue after a communication mechanism was first created last fall. But a new proposal in Japan that is currently under consideration will test the functionality of the mechanism.
MOFCOM: "Completed Preliminary Discussions" on DEPA, Continue Work on CPTPP
Last Friday, top level trade officials talked about the progress of China's trade talks in 2023, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), and highlighted that Beijing will add more "high-standard" rules on telecommunication and government
Chinese Premier Meets Japanese Business Group as Bilateral Economic Relations Chill
Today Chinese Premier Li Qiang met with a Japanese business delegation that visited Beijing, the first visit of this kind since 2019. In the backdrop, bilateral trade has chilled in recent years, but both governments have agreed to work together on a few issues that may help mitigate disagreements and