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MOFCOM 11-02-15
The market-based managed floating exchange rate regime tied to a basket of foreign currencies is the "best choice" for China's socialist market economy, a central bank official said Feb. 13.
Yi Gang, deputy governor of the People's Bank of China (PBOC), the central bank, said at a research conferenc...
MOFCOM 11-02-15
China would in the coming years inject more capital to support the infrastructure needs of Ghana, Chinese Ambassador to Ghana Gong Jianzhong has said.
Briefing the media to announce the visit to Ghana by Chen Deming, the Chinese Minister of Commerce, Ambassador Gong said that China is willing to joi...
MOFCOM 11-02-15
The general office of the State Council, or China's Cabinet, has decided to establish a ministerial joint committee for undertaking national-safety reviews of foreign mergers and acquisitions of domestic firms.
That was learned from a circular posted on www.gov.cn , the Chinese government's website,...
MOFCOM 11-02-14
Sales of home appliances to rural areas in January 2011 continued its growth and broke through 10 million units in a single month for the first time. There are 10.489 million units sold to rural areas with the value of 25.36 billion yuan, up by 80% and 123% year on year respectively. Sales of color ...
MOFCOM 11-02-14
China's securities regulator said on Feb. 11 that it would allow qualified futures firms to run consulting businesses on futures investment for profits.
The businesses include consultations on risk management and futures transactions, as well as futures research and analysis, the China Securities Re...
MOFCOM 11-02-14
China produced 340.88 tons of gold in 2010, an increase of 8.57 percent from last year, making it the world's top producer of gold for the fourth consecutive year, according to the website of the National Development and Reform Commission (NDRC) on Feb. 10.
The NDRC said China's gold industry has be...
MOFCOM 11-02-14
China's foreign exchange regulator said on Feb. 11 it did not suffer any losses from its investment in Fannie Mae and Freddie Mac bonds, adding that media reports of up to 450 billion U.S. dollars of losses were "groundless."
"Up until now, the capital and interest repayments of Fannie Mae and Fredd...
MOFCOM 11-02-12
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Vice Minister of Commerce Chen Jian addressed Summit Forum on "Going Global by Joint Efforts" in Hong Kong on January 20. And Mrs. Rita Lau Ng Wai-lan, Secretary for Commerce and Economic Development of Hong Kong SAR Government, delivered a welcome speech.
Chen Jian expressed that Hong Kong is a int...
MOFCOM 11-02-12
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- The Central Parity of RMB against the U.S. Dollar Slightly Down (10-04-16)
- China's Yuan Central Parity Rate Weakens agaist USD (10-06-29)
- Yuan Central Parity Rate against the U.S. Dollar Rebounded Slightly (09-12-08)
- Yuan Central Parity Rate against the U.S. Dollar Continues To Fall Slightly (10-01-29)
- Yuan Central Parity against the U.S. Dollar down For Three Consecutive Trade Day (09-12-07)
The Chinese currency, or the yuan, on Feb. 11 weakened 103 basis points to 6.5952 per U.S. dollar from its record high Feb. 10, snapping a streak of three consecutive trading days of gains, according to the China Foreign Exchange Trading System.
The central parity rate of the yuan, or RMB, hit a rec...
MOFCOM 11-02-12
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China Unionpay Co., the world's largest credit card company in terms of number of cards issued, said Feb. 10 its overseas transactions grew robustly during this year's Spring Festival holiday, which lasted from Feb. 2 to 8.
The value of overseas transactions using the China Unionpay cards jumped 44 ...
MOFCOM 11-02-12
The U.S. International Trade Commission (USITC) on Feb. 10 decided to keep the existing antidumping duty order on imports of magnesium from China, but would revoke the same order on imports of this product from Russia.
The USITC said that revoking the existing antidumping duty order on magnesium fro...
MOFCOM 11-02-12
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- Reconstruction of Market Service System in Sichuan Earthquake-stricken Area Proc (09-07-09)
- Reconstruction of Market Service System in Sichuan Earthquake-stricken Area Proc (09-07-15)
- Premier Wen Jiabao in Sichuan: Efforts Should Be Made On Post-Disaster Recovery (09-09-28)
- Sichuan Earthquake Re-market to Resume the Construction of Service System Procee (09-07-20)
Since post-Wenchuan earthquake reconstruction, commercial departments of all levels in Sichuan Province, officials and staff in commercial service enterprises in the earthquake-hit areas, set the goal of completion of three-year's tasks in two years", carry forward the spirit of fighting earthquake ...
MOFCOM 11-02-11
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- MOFCOM Released Final Ruling on Anti-dumping Measures on Dispersion Unshifted Single-Mode Optical Fiber Imports from Japan and ROK (11-01-04)
- China to Impose Anti-Dumping Duties on Imported Optical Fiber (11-02-11)
- Ministry Of Commerce to Start Anti-Dumping Investigation on Non-Dispersion Shift (10-04-23)
The Ministry of Commerce (MOFCOM) released on February 9 its preliminary ruling on anti-dumping investigation on Dispersion Unshifted Single-Mode Optical Fiber imports in Announcement No.4, 2011 . Findings of the investigation confirm that dumping exists in Dispersion Unshifted Single-Mode Optical F...
MOFCOM 11-02-11
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- The Central Parity of RMB against the U.S. Dollar Slightly Down (10-04-16)
- Central Parity of RMB Against USD Slightly Down for Four Consecutive Days (10-05-28)
- Central Parity of RMB against the U.S. Dollar up 85 Basis Points on August 17 (10-08-17)
- Yuan Central Parity against the U.S. Dollar down For Three Consecutive Trade Day (09-12-07)
- Central Parity Rate of RMB against the U.S. Dollar Lowers by One Basis Point (10-05-31)
The Chinese currency, or the yuan, rose to a new high of 6.585 against the U.S. dollar on Feb. 9, according to the China Foreign Exchange Trading System.
The central parity rate of the RMB, or the yuan, was 10 basis points higher than the previous record of 6.586 set on Feb. 1, the previous trading ...
MOFCOM 11-02-11
China's Ministry of Commerce (MOC) announced on Feb. 9 it will impose temporary anti-dumping measures on optical fiber imported from the United States and European Union.
The preliminary ruling requires importers of dispersion unshifted single-mode optical fiber, a material used in high-speed and lo...
MOFCOM 11-02-11
China's State Council, the nation's cabinet, pledged on Feb.9 to step up efforts to boost grain production as relentless droughts continue to wreak havoc in north China's wheat growing regions.
To encourage farmers to plant more and increase production, China will increase minimum purchase prices fo...
MOFCOM 11-02-11
Minister Chen Deming chaired the 47th Executive Meeting of MOFCOM in the morning on February 1, 2011 to deliberate on 12th Five-Year Planning.
The executive meeting made arrangement on drawing-up of MOFCOM 12th Five-Year Planning. The meeting made reference to that China's economic development still...
MOFCOM 11-02-10
To implement the spirit of the"National business system Tele-video conference on cracking down IPR infringement and the manufacture and distribution of fake and shoddy products", and the requirements of the "Notice concerning printing and distributing the campaign plan for IPR infringement and the m...
MOFCOM 11-02-10
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- Fourth-Round China-Chile FTA Negotiation on Investment Successfully Held (09-09-28)
- China-Switzerland FTA Feasibility Study Launched (09-12-02)
- Third-Round China-Chile FTA Negotiation on Investment Successfully Held (09-06-29)
- The First China - Switzerland Joint FTA Feasibility Study Meeting Held in Beijin (10-02-05)
- Eighth Round Negotiation of China-Norway FTA Held in Norway (10-09-17)
China and Switzerland formally launched bilateral negotiation on a free trade agreement on January 28 at Davos. Chinese Minister of Commerce Chen Deming and Swiss Economy Minister Johann Schneider-Ammann attended the launch ceremony, and signed MOU on Launching China-Switzerland FTA Negotiation.
Che...
MOFCOM 11-02-10
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Chinese Commerce Minister Chen Deming, entourage of President Hu Jintao in his visit to the US, attended and addressed the China-US Economic and Trade Cooperation Forum in Chicago. Chinese Vice Minister Commerce Wang Chao chaired the Forum.
Chen said that, Head of State of China and the US proposed ...
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