The General Administration of Customs released data on the 9th, stating that in the first five months of this year, China's total import and export value of goods trade was 1.794 trillion yuan, a year-on-year increase of 2.5%. Among them, exports increased by 7.2%, while the decline in imports narrowed to 3.8%.
BEIJING, June 10 (Xinhua) -- China this week launched a trial policy that grants unilateral visa-free entry to citizens of Saudi Arabia, Oman, Kuwait, and Bahrain, expanding its unilateral visa-free access list to 47 countries.
On May 30, 2025, the South Korean Ministry of Planning and Finance issued Announcement No. 2025-110, extending the deadline for the temporary anti-dumping duty on petroleum resin in mainland China and Taiwan from June 20, 2025 to July 31, 2025.
According to Lin, China will issue the corresponding category of "ASEAN Visa" for business personnel from the 11 countries, as well as their spouses and children, who meet the requirements. The visa will allow multiple entries within five years and a maximum stay period of 180 days.
EW YORK, May 29 (Xinhua) -- A day after the U.S. Court of International Trade invalidated U.S. President Donald Trump's reciprocal tariffs and other duties, a federal appeals court on Thursday granted the Trump administration's request to temporarily pause the trade court's ruling.
The judgment issued Wednesday by the international trade court is "temporarily stayed until further notice while this court considers the motions papers," the appeals court said in its order.
The minutes revealed that the Fed agreed to maintain the federal funds rate target range at 4.25%–4.5%. Participants unanimously emphasized that future adjustments to the rate would depend on "careful assessment of incoming data, the evolving outlook, and the balance of risks."
KUALA LUMPUR, May 28 (Xinhua) -- Amid escalating global challenges, China, the Association of Southeast Asian Nations (ASEAN), and the Gulf Cooperation Council (GCC) countries have forged a groundbreaking path in cross-regional cooperation.
Cambodian Prime Minister Hun Manet said here on Thursday that the Sihanoukville Special Economy Zone (SSEZ) has not only boosted the kingdom's trade and economic growth, but also improved local livelihoods.
GENEVA, May 22 (Xinhua) -- The European Union (EU) and other members of the World Trade Organization (WTO) have spoken out against the U.S. tariffs in Geneva, calling for collective efforts to strengthen the multilateral trading system.
On May 20, during the China-ASEAN Special Ministers of Trade Meeting, both sides announced the completion of negotiations for the China-ASEAN FTA 3.0
The China-ASEAN FTA was established in 2010. It was China's first FTA and ASEAN's first FTA. It was upgraded to Version 2.0 in 2015. Negotiations for the China-ASEAN FTA Version 3.0 took nearly two years and nine rounds. They concluded substantially in October 2024. Now, negotiations for the China-ASEAN FTA Version 3.0 have been fully completed.