20191110 China News

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China's foreign trade maintained stable growth during the first 10 months of the year, and is expected to continue growing for the rest of this year and next. Total foreign trade volume hit 25.6 trillion yuan ($3.67 trillion), expanding 2.4 percent year-on-year, the General Administration of Customs announced on Friday.


Global index provider MSCI will increase the weighting of China's A-shares in its widely tracked equity indexes, a move analysts said will draw a large amount of capital into the country's stock market this year.



When China's 22 listed paper mills reported sharp declines in first-half profit, Finnish forest-based bio-industry company UPM Group made two investments of more than 40 million euros ($44.3 million) in its paper plant in Changshu, Jiangsu province, mainly because of rising demand due to the boom in e-commerce and burgeoning economic activity, industry officials and sources said.


China will take stronger measures to ensure the supply of key farm produce and keep prices stable, the State Council's executive meeting, chaired by Premier Li Keqiang, decided on Wednesday.


China has rolled out 20 measures friendly to foreign investors, including further removing business restrictions and leveling the playing field for foreign businesses, to safeguard a more "fair, transparent and predictable" business environment for foreign enterprises.


China's show of support for reforms to the World Trade Organization (WTO) during the ministerial meeting on the sidelines of the China International Import Expo (CIIE) on Tuesday will be pivotal in helping kickstart the process, according to Keith Rockwell, director of the information and external relations division of the WTO.


China's consumer price index (CPI), a main gauge of inflation, rose 3.8 percent year-on-year in October, the National Bureau of Statistics (NBS) said Saturday. The growth rate, which was up from 3 percent in September, represented an annual high.

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Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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