GLOBALink | China's foreign trade of goods up 10.4 pct in first 7 months

Published in CHINA
Monday, 08 August 2022 13:13

China's foreign trade of goods jumped 10.4 percent year on year to 23.6 trillion yuan (about 3.5 trillion U.S. dollars) during the first seven months of the year, official data showed Sunday.

Exports rose 14.7 percent year on year to 13.37 trillion yuan, while imports increased 5.3 percent from a year ago to 10.23 trillion yuan, according to the General Administration of Customs (GAC).

During the period, China's trade with the Association of Southeast Asian Nations, the European Union and the United States, expanded by 13.2 percent, 8.9 percent and 11.8 percent from a year ago, respectively.

From January to July, China's trade with Belt and Road countries and other members of the Regional Comprehensive Economic Partnership (RCEP) soared by 19.8 percent and 7.5 percent year on year.

In July, trade with RCEP partners reached 1.17 trillion yuan, up 18.8 percent year on year, boosting the overall foreign trade growth by 5.6 percentage points, said Li Kuiwen, spokesperson for the GAC.

Produced by Xinhua Global Service

 

GLOBALink | Chinese-built Mombasa-Nairobi SGR helps increase environmental awareness

Published in CHINA
Thursday, 04 August 2022 21:24

NAIROBI, Aug. 2, 2022 (Xinhua) -- The construction of the Chinese-built Mombasa-Nairobi Standard Gauge Railway (SGR), which has just celebrated its fifth anniversary of safe operation, has shown that infrastructure construction could be environmentally friendly.

The Mombasa-Nairobi Railway passes through nature reserves such as the Nairobi National Park and Tsavo National Park. In order to reduce the impact on the environment, a series of measures have been taken during the design and construction of the railway such as bypassing the mangroves, which help keep the mangroves flourishing in the last five years.

Besides, a total of 14 large wildlife passages and 79 bridges have been set up along the entire railway in consideration of the living habits and migration paths of wild animals. Large animal passages with the height of over 6.5 meters were constructed beneath the track for large animals such as elephants and giraffes to get through. Fences are set up on both sides of the line to prevent animals from passing through and reduce the chance of collisions between animals and trains.

 

A passenger train runs on the Tsavo River Super Major Bridge near the Tsavo National Park in Kenya, on July 28, 2022. (Xinhua/Dong Jianghui)

 

Several buffaloes pass through the animal passages of the Nairobi National Park Super Major Bridge equipped with noise deflectors in Nairobi, Kenya, on May 19, 2021. (Xinhua/Dong Jianghui)

 

 

A freight train runs on the Mombasa-Nairobi Railway track in Mombasa, Kenya, on July 27, 2022. (Xinhua/Dong Jianghui)

(Xinhua/Sun Ruibo)

Video: https://english.news.cn/20220802/78fb704972984b24b0e485fb931e84fa/c.html

GLOBALink | Picturesque highway in China's Xinjiang boosts local tourism

Published in CHINA
Wednesday, 03 August 2022 17:58

A scenic highway built across Hongkeng Village in northwest China's Xinjiang has boosted local tourism industry and improved people's wellbeing.

The 301.6-km S101 highway links provincial capital Urumqi with Bayin'gou pasture in Wusu City.

Along the road, travelers can enjoy views of Yardang, Danxia, the Gobi desert, river valleys, canyons, alpine meadows and forests which are called the "geographic gallery on the Tianshan Mountain."

Produced by Xinhua Global Service

GLOBALink | China urges Japan to ensure steady growth of relations on right track

Published in CHINA
Tuesday, 02 August 2022 15:04

China urged Japan not to incite regional division and confrontation and to look at China's development in an objective light and ensure the steady growth of relations with China on the right track.

 

Produced by Xinhua Global Service

GLOBALink | High-tech products in spotlight at CICPE in Hainan, China

Published in CHINA
Friday, 29 July 2022 13:44

High-tech products and technology are grabbing the limelight at the second China International Consumer Products Expo (CICPE), which is underway in Haikou, China.

 Produced by Xinhua Global Service

GLOBALink | University in China's Gansu provides talent, technical support for China-Laos Railway

Published in CHINA
Thursday, 28 July 2022 13:02

A university in China's Gansu Province has been providing talent and technical training for the China-Laos Railway, which went into operation in December last year.

Produced by Xinhua Global Service

GLOBALink | China, Indonesia working together for more achievements in major BRI projects

Published in CHINA
Wednesday, 27 July 2022 12:34

China and Indonesia are working together for more achievements in major Belt and Road projects, such as the Jakarta-Bandung High-Speed Railway (HSR), the Regional Comprehensive Economic Corridor and the "Two Countries, Twin Parks" project.

Produced by Xinhua Global Service

GLOBALink | What to expect from China International Consumer Products Expo

Published in CHINA
Tuesday, 26 July 2022 14:32

The second China International Consumer Products Expo, to be held from July 25 to 30 in Haikou, capital of southern tropical province of Hainan, will provide a platform for the display and trading of high-level consumer goods from China and abroad.

With a larger exhibition area, more participating exhibitors and brands, and a special focus on new and quality products, the expo is expected to remain the largest consumer boutique exhibition in the Asia-Pacific region.

Produced by Xinhua Global Service

GLOBALink | WEF president optimistic about China's economic outlook

Published in CHINA
Monday, 25 July 2022 17:23

"China's role in securing global growth has been incredible ... What happens in China economically has a huge impact on the rest of the world, and that will continue because it is the second largest economy," said World Economic Forum President Borge Brende.

by Martina Fuchs

GENEVA, July 25 (Xinhua) -- World Economic Forum (WEF) President Borge Brende said on Thursday that he was optimistic about the economic outlook for China in the medium and long-term.

"We are expecting that the measures taken by China and the Chinese authorities will lead to a revival of growth" and are optimistic about the medium- and long-term economic development in China, Brende said, adding that as for the rest of the world, "the coming year is going to be a bumpy year."

The WEF president made the remarks as data from the National Bureau of Statistics (NBS) showed on July 15 that China's gross domestic product (GDP) expanded 2.5 percent year on year in the first half of 2022.

"The global recovery is slowing and it is now becoming a weaker and weaker recovery. This is also influencing the Chinese economy that is growing more slowly," Brende, a former minister of foreign affairs of Norway, said via a video conference.

According to the International Monetary Fund (IMF), global growth is projected to slow from an estimated 6.1 percent in 2021 to 3.6 percent in 2022 and 2023, 0.8 and 0.2 percentage points lower for 2022 and 2023 than the global lender projected in January.

Prime Minister Irakli Garibashvili’s meeting with China’s new Ambassador to Georgia, Zhou Qian

Published in Politics
Monday, 25 July 2022 11:53

Today, Georgian Prime Minister Irakli Garibashvili met with China’s new Ambassador Extraordinary and Plenipotentiary to Georgia, Zhou Qian.

The Head of Government wished the newly appointed Ambassador success and expressed hope in continuous productive cooperation between Georgia and China.
The meeting pointed out that China is among Georgia’s top five trade partners, with this year’s January-June trade turnover between the countries reaching 922 million USD. The conversation also revolved around Chinese investments, namely highlighting that Chinese FDAs exceed 695 million USD, a fact welcomed by Georgia.
The meeting also focused on tourism, singling out direct flights between Georgia and China as a contributing factor behind a dynamic growth in tourist flows.
The parties also expressed hope that the next annual meeting of the Intergovernmental Commission on Trade and Economic Cooperation of Georgia and the People’s Republic of China will be held soon. The meeting also underscored the importance of maintaining the positive dynamic of high-level visits.
The meeting also underlined that Georgia appreciates the support of the People’s Republic of China for Georgia’s sovereignty and territorial integrity.
The parties also focused on bolstering bilateral educational and scientific ties, with emphasis on the fact that this year marks the 30th anniversary of diplomatic relations between Georgia and China.
 
Press Service of the Government Administration

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