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China's Foreign Trade Up 16.2% In January

BEIJING - China's foreign trade volume rose 16.2 percent year-on-year in January to 2.51 trillion yuan ($397 billion). China's exports increased 6 percent to reach 1.32 trillion yuan, while imports surged 30.2 percent to stand at 1.19 trillion yuan in January, according to the General Administration of Customs Thursday.
China's foreign trade up 14.2 pct in 2017

China's foreign trade volume rose 14.2 percent year on year to 27.79 trillion yuan (4.28 trillion U.S. dollars), ending the previous continuous drop of the previous two years, official data showed Friday.
E-commerce Firms Make Headway in Stamping Out Counterfeits

E-commerce giant Alibaba Group Holding Ltd made considerable progress in stamping out counterfeit goods on its online shopping portal Taobao in 2017, as consumer requests for return of goods fell 29 percent from the same period in 2016, a new report said.
China to optimize business environment

The business environment is the foundation for developing a modern economy and ensuring high-quality development,Optimizing business environment would help productivity and competitiveness.
China's Economic Guide Set for 2018

High-quality development and forestalling risks will be the major theme of China's economic policies next year, according to decisions made at the Central Economic Work Conference, which concluded on Wednesday. The annual meeting, which sets the tone for China's economic policies, was attended this week by President Xi Jinping, who is also general secretary of the Communist Party of China Central Committee, and all major leaders from the Party, central and local government bodies and the military. This year's meeting started on Monday.
Spending Climbs By 39% On This Year's Singles Day

Bargain hunters splurged by spending a record 168.2 billion yuan ($25.3 billion) during this year's Singles Day on Saturday, the world's largest daylong discount gala, as e-commerce giant Alibaba Group took the online shopping spree to brick-and-mortar stores and beyond the nation's borders, banking on China's technological prowess. Spending surged 39.3 percent during 2017's sale — the ninth iteration of the event — as consumers from 225 countries and regions scooped up goods that included apparel, mobile phones and motor vehicles from 140,000 brands that offered promotions during the annual jamboree.
Innovation Is key to The Future

Chinese enterprises are involved in areas such as 5G technology, artificial intelligence, the internet of things, big data, integrated circuits, robotics, and virtual and augmented reality. During the next few years, these areas will serve as engines for innovation and trigger economic growth. I am pleased to see that Qualcomm is working closely with Chinese companies in these fields.

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