We have noticed that China and Ecuador have recently concluded the FTA negotiations. Could you tell us about it and how do you evaluate the significance of the FTA?(2023-02-23)

China-Ecuador FTA negotiations started in February, 2022. On February 16 this year, the third meeting of......

Recently, the first round of consultations of Version 3.0 China-ASEAN Free Trade Area (FTA) negotiations started. What is upgraded in Version 3.0 FTA compared with the previous one? How will it shape the future of China-ASEAN Free Trade Area?(2023-02-16)

Launched in 2002, the China-ASEAN FTA is the first free trade area negotiated by China with other sides, and also the first one by China and ASEAN as a whole......

Cambodian Prime Minister Hun Sen will pay an official visit to China from February 9 to 11. Can you brief us on trade and economic cooperation between China and Cambodia?(2023-02-09)

Over the past few years, under the strategic guidance of Chinese and Cambodian leaders, we have deepened and substantiated the cooperation......

President Marcos of the Philippines has just concluded his state visit to China. Can you share with us the achievements in trade and economic cooperation between the two countries over the past years?(2023-01-06)

China and the Philippines are close neighbors with long-standing friendship......

It’s reported that the leaders of the Group of Seven announced the Global Investment and infrastructure Partnership aimed at promoting the development of mid- and low-income countries and bolstering the global economy and supply chain stability with a planned investment of US$600 billion by 2027. Initiated and advocated by the US, the initiative is intended to counter China’s Belt and Road initiative. What is MOFCOM’s response?(2022-06-30)

Since the inception of the Belt and Road initiative nearly nine years ago, China has worked with related countries under the principle of......

We know that this year marks the 8th anniversary of the “Belt and Road” initiative. Over the past eight years, the economic and trade relations between China and the BRI countries have grown increasingly close, especially when the pandemic is spreading. Could you introduce the crucial changes on that respect? As a new mode of trade, how does the Silk Road e-commerce programs progress?(2021-09-02)

In 2013, President Xi Jinping proposed the joint construction of the “Belt and Road” initiative, which aims to carry forward the Silk Road spirits, jointly build an open cooperation platform......

Chinese companies’ investment in certain sectors in some regions surged in January-September this year. For instance, non-financial ODI in Belt & Road countries increased by 29.7% year-on-year, and ODI in the wholesale and retailing sector grew by 41.1% year-on-year. How do you explain such remarkable growth?(2020-10-22)

Since the beginning of this year, the uncertainties and destabilizing factors including COVID-19 have imposed serious impacts on global cross-border investment......

The 2023 government work report has identified intensifying efforts to attract and utilize foreign investment as one of the eight priorities this year and made a series of plans. It is believed that with a vast and open market, China is sure to provide even greater business opportunities for foreign companies in China. MOFCOM is to hold a series of activities to celebrate the “Invest in China Year”. Could you brief us on that and the considerations about how to further attract investment?(2023-03-16)

Launching the "Invest in China Year" series of investment promotion activities is an important initiative of MOFCOM to implement the decision of......

I'd like to ask if you have a forecast for China’s FDI this year, and whether some recent sanctions imposed by China on some American companies will create doubts for foreign-invested enterprises about investing in China?(2023-02-23)

Recently, we published China’s FDI in January, and I believe you have followed it closely. In January, China's FDI increased by 14.5% year-on-year......

This year, the chairs of Volkswagen and Kering have visited China for inspection. It is also reported that senior management of Apple, Mercedes Benz, Pfizer and other multinational corporations have plans to visit China soon. What's your comment? Also, What measures will MOFCOM take to attract foreign investment this year?(2023-02-23)

As far as I'm concerned, dozens of multinational headquarters have contacted MOFCOM to plan for business visits. That includes companies you just mentioned......

AmCham China and many other foreign chambers of commerce in China have welcomed China’s reopening. What are the comments of FIEs on the optimization of Covid-19 response? How will this affect China’s business environment?(2023-01-06)

Since the pandemic broke out, the Chinese government has upheld the belief that the people come first, and life matters most......

The CPC Central Committee recently published its Document No. 1 for 2023, calling for “faster development of modern rural services and all-round development of county-level commercial systems”. Could you please talk about the development of county-level commerce? What areas will MOFCOM focus on in the next step?(2023-02-23)

Strengthening county-level commercial systems is a key part of rural revitalization. It is an important step to increase both farmers' income and rural consumption......

We have noticed that 15-minute community service circles for the convenience of residents have been built in many places nationwide to promote high-quality development of the life service industry and keep urban economic microcirculation unimpeded. What are the main components of 15-minute community service circles?(2023-02-16)

The development of 15-minute community service circles for the convenience of residents is an important embodiment of......

We noticed that recently, the Ministry of Commerce and the State Administration of Market Regulation jointly released the First Group of Best Practices of National-level Service Industry Circulation Standardization. Could you please give us a briefing?(2023-02-09)

The pilot program for national service industry commercial circulation standardization, under the auspices of the Ministry of Commerce......