My Tiny Feed

china.org.cn

CIIE 2024: Record Deals & Global Collaboration

The 7th China International Import Expo (CIIE) achieved record-breaking deals, showcasing China's commitment to opening up, fostering inclusive growth, and promoting innovation.

Read original article in English

English

China

ChinaEconomic GrowthInternational TradeInnovationGlobal TradeImport ExpoOpenness

China International Import Expo (Ciie)United Nations Conference On Trade And DevelopmentWorld Intellectual Property OrganizationGeneral Administration Of CustomsUnited Soybean Board (Usb)

Xi JinpingLi QiangRebeca Grynspan MayufisYsabel ZeaSteve Reinhard

How does the CIIE reflect China's economic policies and global role?: The CIIE demonstrates China's commitment to openness and its role in promoting inclusive global economic development. It serves as a platform for global enterprises to connect with the vast Chinese market and contribute to a more prosperous world economy.
What is China's stance on openness and how is it reflected in the CIIE?: China's openness index has risen significantly, placing it among the top economies globally in terms of growth rate. This reflects the country's continuous efforts to lower tariffs, trim negative lists for foreign investment, and expand market access.
What were the results of the 7th China International Import Expo (CIIE)?: The 7th China International Import Expo (CIIE) generated $80.01 billion in tentative deals, a 2% increase from the previous year. This showcases China's commitment to opening its market and fostering global trade.
How does the CIIE support least developed countries and promote inclusive development?: The CIIE supports least developed countries (LDCs) by offering free booths and other assistance, enabling them to access the Chinese market and enhance their participation in the global economy. This aligns with China's commitment to South-South cooperation.
What is the role of innovation in the CIIE and how does it represent China's economic development?: Innovation is a key driver of the CIIE, with numerous new products, technologies, and services showcased each year. This highlights China's shift towards high-quality development and its attractiveness to global companies seeking opportunities in innovative growth sectors.

Jan 22, 01:08

Trump Memo Orders Review of Unfair Foreign Trade Practices

President Trump's January 20 Memorandum on America First Trade Policy directs executive agencies to report by April 1 on actions to counter unfair foreign trade practices, focusing on using Anticompetitive Market Distortions analysis for effective remedies and potentially forming international coalitions.

Jan 21, 22:09

Trump's Tariff Plans Face Public Opposition Amidst Price Hike Fears

Donald Trump's October 2024 interview revealed his fondness for tariffs, but polls show Americans are divided on the issue, with concerns about price hikes and partisan differences influencing support, despite long-standing support for protecting American jobs and addressing unfair trade practices, particularly from China.

Jan 14, 04:05

NVIDIA Condemns Biden's "AI Diffusion" Rule as Threat to US Tech Leadership

NVIDIA condemned the Biden Administration's new "AI Diffusion" rule, claiming it threatens US global tech leadership by imposing bureaucratic control and restricting access to mainstream computing applications worldwide, impacting sectors like healthcare and agriculture; the rule, which won't be enforced for 120 days, is already undermining US interests, according to NVIDIA.

Dec 30, 04:08

China's Pre-Made Meal Boom: Addressing Safety Concerns and Tapping Global Potential

China's \$69.4 billion pre-made meal industry, while booming, faces consumer trust issues due to its nascent stage compared to the West; however, strict regulations, fresh ingredients, and initiatives like the Henan premade dish industrial alliance aim to boost transparency and safety, creating economic benefits including 300,000 jobs (85% rural) at Huayu Holding Co.