Vietnam will reduce the import tax rate of ASEAN and Chinese products to zero
Vietnam will reduce the import tax rate of ASEAN and Chinese products to zero

According to the China-ASEAN Comprehensive Economic Cooperation Framework Agreement (ACFTA), the Vietnamese government has enacted a special tariff preference law on imports from ASEAN and China from 2016 to 2018. According to experts, the move will create greater competitive pressure on local Vietnamese products. Under the Act, hundreds of products from ASEAN and China will […]

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Sino-US trade war has less impact on China’s machinery and equipment industry
Sino-US trade war has less impact on China's machinery and equipment industry

Among the listed companies in the machinery industry, 104 companies accounted for more than 20% of total revenue, accounting for about 30% of the total machinery industry; the export products are mainly textile machinery, ships and parts forming machinery, etc. For Asia, Africa, and Latin America, machinery and equipment are exported directly to the United […]

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China’s consumer electronics products will be more difficult in the US
China's consumer electronics products will be more difficult in the US

On March 22, 2018, in Washington, DC, US President Trump signed a memorandum for the president, announcing that it would impose large-scale tariffs on goods imported from China. Judging from the current Sino-US trade industry structure, China’s exports to the United States account for a large proportion of household appliances and electronics. According to the […]

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Chinese main categories of textiles and clothing exported to the United States
Chinese main categories of textiles and clothing exported to the United States

In recent years, China’s exports of American textiles and clothing are mainly in the following order: conventional and sensitive. Conventional: Conventional products are classified according to the general demand of the US market for China’s imports, and refer to the general classification of Chinese exports to the US market. At present, the main varieties that […]

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China maintains the largest export market for German electrical and electronic products
China maintains the largest export market for German electrical and electronic products

Xinhua News Agency, Berlin, March 12 (Reporter Qiao Jihong, Zhu Xi) The German electrical and electronics industry association announced on the 12th that the German electrical and electronics industry set a record in 2017, and China continues to be its largest export market. Data show that last year, the German electrical and electronics industry turnover […]

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Domestic mobile phone market shipments fell by 16.6% in January 2018
Domestic mobile phone market shipments fell by 16.6% in January 2018

On February 11, the China Academy of Information and Communications released the “Report on the Operation of the Domestic Mobile Phone Market in January 2018”. According to the report, in January 2018, the domestic mobile phone market shipped 39.064 million units, down 16.6 percent year-on-year; 51 new models were listed, down 19 percent year-on-year. Among […]

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China Mobile annual export value reached US$120 billion in 2017
China Mobile annual export value reached US$120 billion in 2017

The slowdown in global mobile phone market growth and the continued transfer of some production capacity to Vietnam, India and other places have caused China’s mobile phone exports to decline by 6% year-on-year in the first ten months of this year. However, due to the increase in the average price driven by product mix optimization, […]

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China’s machinery industry will continue its steady growth in 2018
China's machinery industry will continue its steady growth in 2018

China Machinery Industry Federation revealed on the 2nd that in 2018, the Chinese machinery industry will continue the steady growth of the previous year, and the growth rate of major economic indicators will remain at or slightly lower than the level of the previous year. It is expected that the value added of China’s machinery […]

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Chinese machinery exports surpass Japan only second to US and Germany
Chinese machinery exports surpass Japan only second to US and Germany

“China’s machinery manufacturing is really strong!” The German “Business Daily” said on the 19th, a survey released by the Euro-Asia Consulting Company on Tuesday (18th) revealed that China has surpassed Japan in the distribution map of global machinery manufacturing, ranked third, only behind Germany and the United States. From 2008 to 2012, the total sales […]

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