China has always been a staunch supporter, active participant and key contributor of the multilateral trading system. MOFCOM said earlier that China had signed 19 FTAs with 26 countries and regions. Do you have any update? What are the future plans for signing or upgrading the FTAs?(2022-09-22)

Since China’s accession to the WTO over twenty years ago, its FTA circle of friends has kept expanding, with richer contents and rising standards......

On September 16, the Summit of Shanghai Cooperation Organization (SCO) was held at the Samarkand International Conference Center. What achievements have this Summit achieved on the economic and trade front? How about the implementation by the Ministry of Commerce in the next step?(2022-09-22)

On September 16 local time, the 22nd Meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) was held in Samarkand......

We've noted that the 22nd China International Fair for Investment and Trade opened officially this morning. Could you brief us on this year's CIFIT?(2022-09-08)

The 22nd CIFIT will be held between September 8 and 11 in Xiamen, Fujian......

In the first half this year, China’s trade with the ROK, China’s fourth largest trading partner, increased by 9.4% year-on-year. China and the ROK are also advancing the phase-two negotiation of their FTA. What are the reasons behind their booming trade relations? What are the progress so far in the phase-two negotiation?(2022-07-21)

China and the ROK are important trading partners for each other. Over the past thirty years since the establishment of their diplomatic relationship......

It’s reported that the leaders of the Group of Seven announced the Global Investment and infrastructure Partnership aimed at promoting the development of mid- and low-income countries and bolstering the global economy and supply chain stability with a planned investment of US$600 billion by 2027. Initiated and advocated by the US, the initiative is intended to counter China’s Belt and Road initiative. What is MOFCOM’s response?(2022-06-30)

Since the inception of the Belt and Road initiative nearly nine years ago, China has worked with related countries under the principle of......

We know that this year marks the 8th anniversary of the “Belt and Road” initiative. Over the past eight years, the economic and trade relations between China and the BRI countries have grown increasingly close, especially when the pandemic is spreading. Could you introduce the crucial changes on that respect? As a new mode of trade, how does the Silk Road e-commerce programs progress?(2021-09-02)

In 2013, President Xi Jinping proposed the joint construction of the “Belt and Road” initiative, which aims to carry forward the Silk Road spirits, jointly build an open cooperation platform......

Chinese companies’ investment in certain sectors in some regions surged in January-September this year. For instance, non-financial ODI in Belt & Road countries increased by 29.7% year-on-year, and ODI in the wholesale and retailing sector grew by 41.1% year-on-year. How do you explain such remarkable growth?(2020-10-22)

Since the beginning of this year, the uncertainties and destabilizing factors including COVID-19 have imposed serious impacts on global cross-border investment......

From this January to July, paid-in foreign investment in China increased by 17.3% year-on-year. What are the reasons for the significant investment growth in China by major global economies against the backdrop of world economic downturn?(2022-08-25)

This year, the paid-in foreign investment in China continues to grow, and the Chinese market remains its strong attraction to foreign investors......

It is reported the BMW plans to open a third factory in Shenyang on June 23, with over two billion euros investment--the biggest ever investment of BMW in China. What measures will MOFCOM take to serve the key foreign-invested projects and attract FDI?(2022-06-30)

We learned that BMW and a number of multinationals are increasing investments to China this year......

In the first five months, the year-on-year growth rate of China's foreign investment slowed down to 17.3%, which further decreased from the previous four months. Some people think that China's COVID-19 prevention and control policy will influence the prospect of foreign investment in China. What is the response of the Ministry of Commerce? How to predict the trend of China’s foreign investment this year?(2022-06-23)

From January to May this year, the paid-in foreign investment in China was RMB564.2 billion, a year-on-year increase of 17.3%.......

The recent executive meeting of the State Council proposed to expand the catalogue of manufacturing industries encouraged for foreign investment in the central and western regions of China. How is the work progressing? Are there any new areas included in the latest edition of the Catalogue of Industries Encouraged for Foreign Investment?(2022-06-16)

Revising and improving the Catalogue of Industries Encouraged for Foreign Investment is an important step for China to open up wider......

We learned that the first plants of BASF Guangdong Verbund site had started production on September 6. What has MOFCOM done in support of key foreign-invested projects recently? What’s the considerations for the next step?(2022-09-08)

In response to the decisions and deployment of the CPC Central Committee and the State Council to leverage the role of key foreign-invested projects in stabilizing foreign investments......

The 2022 China International Fair for Trade in Services (CIFTIS) was concluded on Monday in Beijing. What are the achievements of this year’s CIFTIS? What role has it played, amid Covid-19’s impact on the world economy, especially the service sector?(2022-09-08)

The 2022 CIFTIS was concluded in Beijing on September 5. It showcased various highlights and yielded abundant outcomes......

The 2022 China International Fair for Trade in Services opened yesterday. After delivering remarks for two years in a row, President Xi Jinping sent a congratulatory letter to the 2022 CIFTIS yesterday. Going forward, what will MOFCOM do to put President Xi’s words into action?(2022-09-01)

President Xi Jinping delivered remarks at the Global Trade in Services Summit of the 2020 and 2021 CIFTIS......