China Launches 7 New Free Trades Zones Across the Country

Seven new free trade zones (FTZ) began operation across China on April 1, with the aim of further opening up the country and coordinating development between various regions. The new zones are in the provinces of Liaoning, Zhejiang, Henan, Hubei, Sichuan and Shaanxi, as well as in Chongqing municipality, with each area having its own

New Zealand Joins China’s One Belt, One Road Initiative

New Zealand on Monday [27 March 2017] inked a cooperation agreement on the Belt and Road Initiative with China, becoming the first among Western developed countries. Visiting Chinese Premier Li Keqiang and his New Zealand counterpart, Bill English, witnessed the signing of the memorandum of understanding, which adds to the long list of ground-breaking achievements

British Food and Beverage Exports to China Rose in 2016

A growing taste for meat, dairy, beer and “afternoon tea” products among Chinese consumers contributed to a 51 percent increase in British food and drink exports to China in 2016, making it the UK’s fastest growing market…Full Article: ECNS.cn Mar 2017 Key Point In 2016, the UK exported GBP 439.5 million (US$546.6 million) worth of

China Signs Deal to Purchase US$1.7 billion Worth of Agricultural Products from the Philippines

China on Wednesday [15 March 2017] signed deals committing it to buy US$1.7 billion worth of fruits and other agricultural products from the Philippines, the latest in a series of agreements in an era of cordial ties under President Rodrigo Duterte…Full Article: The Bangkok Post Mar 2017 Key Point Since Duterte’s visit to China in

China’s Foreign Minister Endorses Upgrade of NZ-China Free Trade Agreement

Chinese Foreign Minister Wang Yi urged on Thursday [9 February 2017] that China and New Zealand should start talks on upgrading their free trade agreement (FTA). The minister made the comment during his meeting with New Zealand Prime Minister Bill English in Beijing…Full Article: The Global Times Feb 2017 Key Point Chinese Foreign Minister expressed

Shandong Province Reports Agricultural Exports Rose to US$15.6 Billion in 2016

Shandong Province in east China set a new record of exporting farm products worth 107.5 billion yuan (about 15.6 billion U.S. dollars) in 2016, according to the provincial government. Shandong has been the country’s top agricultural product exporter for the past 18 years. Shandong’s farm exports, accounting for nearly a quarter of the nation’s total,