中华人民共和国商务部MOFCOM
@MOFCOM_China
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Welcome to the official account of the Ministry of Commerce of the People's Republic of China.
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#RCEP
enters into force!
On January 1, 2022, the Regional Comprehensive Economic Partnership Agreement (RCEP) takes effect for the 10 countries, including
#Brunei
,
#Cambodia
,
#Laos
,
#Singapore
,
#Thailand
,
#Vietnam
,
#China
,
#Japan
,
#NewZealand
and
#Australia
.
5
26
71
In the first half of this year, China's
#foreigntrade
in goods reached a new high.
The total
#import
and
#export
were RMB19.8 trillion, with a YoY increase of 9.4% (equivalent to USD3.08 trillion, with a YoY increase of 10.3%).
1
17
67
Welcome to the official account of the Ministry of Commerce, P.R.C.
We hope to show you a real, full, multi-dimensional and exciting picture of China’s Commerce.
Follow us to learn the latest developments in China’s commerce and share in opportunities in China’s development.
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China’s past decade has been a decade of solid progress in opening-up and development.
China's two-way investment has ranked among the highest worldwide, with RMB1.15 trillion of
#FDI
in 2021, up 62.9% from 2012 and ranking 2nd in the world for four consecutive years since 2017.
6
25
47
On the afternoon of April 24, Minister of Commerce Wang Wentao met with Executive Vice-President and Trade Commissioner of the European Commission Valdis Dombrovskis in Brussels,
3
7
48
The restrictive measures in the
#negativelist
for foreign investment in
#China
has been gradually reduced, and institutional opening-up has seen constant improvement in the past decade.⬇️
2
14
37
#China
's
#tradeinservices
maintained relatively rapid growth in the first half of 2022. The total imports and exports of services amounted to USD445.91 billion, a year-on-year increase of 21.4%.⬇️
7
9
42
#BeltandRoad
Outcomes-Trade
From 2013 to 2021, China’s trade with BRI partner countries expanded from USD1.04 trillion to USD1.8 trillion, up 73%.⬇️
0
11
28
The sales of
#BeijingWinterOlympics
souvenirs such as
#BingDwenDwen
continue to grow. Have you got one?
9
8
34
Consumption related to winter sports in China, which was boosted by the
#Beijing2022
Winter Olympics, grew quickly during the Spring Festival.
4
8
27
The total import and export of cross-border
#ecommerce
in
#China
surged by nearly 10 times within five years, injecting new momentum to global
#trade
and
#investment
.⬇️
4
13
21
Significant progress has been made in modernizing
#China
’s distribution system in the past decade, with new characteristics in urban commerce and more convenient and diversified consumer and leisure experience.⬇️
0
9
21
#CIFTIS
2022 attracts a wider range of participants. As of August 22, apart from the country pavilion and the exhibition for Chinese provinces, autonomous regions, and municipalities, a total of 1,407 companies will participate on-site at the event,
3
10
24
#China
has fully delivered on its accession commitments. By 2010, China had fulfilled all of its tariff reduction commitments, reducing the average tariff level from 15.3 percent in 2001 to 9.8 percent.
2
6
21
MOFCOM spokesperson Shu Jueting said at the regular press conference on September 30 that preparations for the 4th CIIE were well under way.
1
5
23
#China
's
#tradeinservices
continues to maintain steady growth.
From January to May 2022, the total imports and exports of services amounted to RMB2,365.36 billion, a year-on-year increase of 22%.
2
8
15
#BeltandRoad
Outcomes-Mechanisms and Platforms
Bilateral economic and trade mechanisms kept improving. Over 100 cooperation mechanisms were created and promoted for unimpeded trade, investment cooperation, trade in services and e-commerce.⬇️
1
9
16
Various decorations featuring tiger elements are showed across the pedestrian streets in
#Beijing
to greet the year of the tiger🐯, creating a great New Year’s atmosphere.
#SpringFestival
4
5
20
How to attend the
#CantonFair
online？
Take a look at our guidance video↓
#The131stCantonFair
#The131stCantonFair
is scheduled to be held online from April 15 to 24. Come and have a look at our guidance video newly released for global buyers, to get more tips on participating in the Fair! Register now to discover more companies and products:
2
5
9
1
10
22
#CantonFair
helps businesses grasp new opportunities of
#RCEP
.
#CantonFair
currently has 170 global partners, including 40 partners from
#RCEP
members, covering all
#RCEP
member countries.
1
6
19
In the afternoon of April 25, Minister of Commerce Wang Wentao met with Bavarian Minister-President Markus Soeder in Munich, Germany. The two sides had a friendly and candid exchange of views on such topics as deepening local trade and economic cooperation
4
7
20
China International Consumer Products Expo 2022 concluded on July 30 in Haikou, Hainan Province, China.
#CICPE
The 2022 expo received more than 280,000 visits.
4
2
20
On March 22, China’s Minister of Commerce Wang Wentao met with Tim Cook, CEO of Apple. The two sides had exchanges on Apple’s development in China and China-U.S. trade and economic relations.
2
5
20
Since its return 25 years ago, Hong Kong has further strengthened its role as a major gateway of trade.
0
4
16
#China
's
#servicetrade
enjoys wider market access and greater openness in the past decade.⬇️
1
4
16
#China
has been working hard to advance the agricultural product markets and improving distribution system in the past decade. The county-level commerce development initiative has yielded initial results.⬇️
0
7
14
On June 2, China’s Minister of Commerce Wang Wentao visited the Chery/Ebro joint venture plant in Barcelona, Spain. Chinese Ambassador to Spain Yao Jing joined the visit.
3
3
19
Recently, 8 departments issued an announcement to optimize the catalogue of retail imports via cross-border e-commerce from March 1, 2022. For more details:
8
4
18
MOFCOM spokesperson Shu Jueting said at the regular press conference on September 30 that the second China-Africa Economic and Trade Expo had yielded positive outcomes.
1
4
17
On the morning of October 9, Vice Premier Liu He held a video talk with United States Trade Representative Katherine Tai at the latter’s request.
2
4
18
Happy Chinese Lunar New Year!
Chinese Lunar New Year, or
#SpringFestival
, celebrates the beginning of a new year on the traditional lunisolar Chinese calendar. In 2022, the first day of the Chinese New Year is on Feb. 1. This is also the Year of the Tiger🐯.
6
5
18
From January to July, 2022,
#trade
between China and other SCO Member States rose by 25% year-on-year to USD226.8 billion, showing good momentum in regional trade cooperation.
2
2
16
Launched in 2018, the China International Import Expo has been successfully held four times. It is a witness of shared opportunities and mutual benefit among all countries.
#CIIE
7
0
15
#China
has made historic achievements in opening-up in the past decade.
In 2012, China's total trade in goods and services amounted to USD4.4 trillion, ranking second in the world. In 2021, this figure increased to USD6.9 trillion, topping the world for two years in a row.⬇️
1
4
11
Distribution efficiency has improved in the past decade.
The total logistics cost of
#China
steadily declined as a share of GDP, to 14.6% in 2021, down by 3.4 percentage points from 2012.⬇️
4
1
11
#China
's
#consumption
market has steadily expanded, and the contribution of consumption increased in the past decade.⬇️
1
5
9
We give strong support to help Hong Kong participate in Belt and Road cooperation and China’s overall development.
#HKSAR25YEARS
0
4
8
Recently, 17 departments, including the Ministry of Commerce, issued the Circular on Several Measures on Bolstering Automobile Distribution and Expanding Automobile Consumption.
The Several Measures focus on supporting the purchase and use of new energy vehicles,
4
1
9
📢📢The 100-day countdown to the 5th
#CIIE
begins today!
See you at the
#CIIE2022
in
#Shanghai
on Nov 5-10! 🗓️
#100daystogo
5
1
12
The 4th China International Import Expo concluded on Nov. 10th. Let’s review the keynote speeches by President Xi Jinping from the 1st to 4th
#CIIE
.
Since the launch of the China International Import Expo in Shanghai in 2018, Chinese President Xi Jinping has delivered keynote speeches at the annual event for four consecutive years.
What did he say? The five takeaways that we have compiled for you are must-read
#CIIE
5
10
21
1
4
13
In the afternoon of April 27, Minister of Commerce Wang Wentao met with Robert Habeck, Vice Chancellor and Federal Minister for Economic Affairs and Climate Action of Germany in Berlin. The two sides had a candid and in-depth discussion on such topics as implementing
3
3
12
China’s further voluntary moves to cut tariffs brought its overall tariff level further down to the current 7.4 percent in 2021.
0
4
12
China's gross domestic product (GDP) grew 5 percent year on year in the first half of 2024, data from the National Bureau of Statistics (NBS) showed Monday.
For more details, click the link below:
1
1
13
#China
's
#tradeinservices
continues to grow rapidly.
In the first quarter of 2022, the total imports and exports of services amounted to RMB1456.99 billion, a year-on-year increase of 25.8%.
1
4
9
The 4th Brand and Quality Online Shopping Festival and Quality African Products Online Shopping Festival will gather top-quality African products, which will provide domestic consumers with more diversified choices and expand the import of African products.
1
6
11
The Circular on Several Measures on Bolstering Automobile Distribution and Expanding Automobile Consumption focuses on removing systemic and institutional barriers that have long restricted the development of automobile distribution,
1
2
6
During this Spring Festival holiday, time-honored brands achieved more than RMB300 million of online sales, up 5% year-on-year. Consumption of food delivery and take-out services grew by 13.5% year-on-year, becoming a highlight in the consumption market.
4
2
11
The State Council Information Office (SCIO) held a press conference in Beijing on Jan. 25 about China's commerce development in 2021. Click the link for full text.
China's
#trade
of goods with countries along the
#BeltandRoad
set an 8-year record high of 11.6 trillion yuan in 2021, increasing by 23.6% from 2020.
The amount marked 29.7% of China's total foreign trade last year.
#PressroomHighlights
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9
#China
stands ready to work with all members to strengthen solidarity and cooperation and sustain the momentum, and intensify relevant consultations for positive outcomes at
#MC12
.
#MofcomVoice
0
2
12
Cool！1,300 drones lit up the sky in
#Guangzhou
for the 130th
#CantonFair
(Oct.15-19).
Watch the spectacular drone show here！👇
1
0
11
Matchmaking has become more targeted and efficient at
#the131stCantonFair
.
Eight trade promotion and matchmaking activities of
#DiscoverCantonFairwithBeeandHoney
were held, with 1,484,000 views, …
2
5
11
The 4th Brand and Quality Online Shopping Festival and Quality African Products Online Shopping Festival will be held from April 28 to May 12, 2022.
There will be more green, healthy and intelligent products available for consumers.
Let's look forward to it!
0
4
11
On February 26, China’s Minister of Commerce Wang Wentao met with South African Minister of Trade, Industry and Competition Ebrahim Patel on the sidelines of the WTO’s 13th Ministerial Conference (MC13) in Abu Dhabi, the UAE.
1
68
8
On March 26, China’s Minister of Commerce Wang Wentao met with Mathias Cormann, OECD Secretary-General. The two sides exchanged views on ways to deepen cooperation between China and the OECD.
6
3
11
In the first two months of this year,
#China
's trade in services maintained a sound momentum. The total imports and exports of services amounted to RMB953.48 billion, a year-on-year increase of 33.5%.
1
4
10
In recent years, the new business forms and new models of
#China
's foreign trade have developed vigorously, with continuous innovation.
1
6
10
MOFCOM responding to the FCC decision to revoke and terminate China Telecom Americas' Section 214 authority to operate in the U.S.👇
#MofcomVoice
2
2
9
Welcome to the
#RCEP
sharing forums hosted by the 131st
#CantonFair
.
1⃣Opportunities brought by RCEP for the toy industry
2⃣Opportunities and challenges of RMB internationalization under RCEP
3⃣How RCEP rejuvenates regional economy
Live streaming:
0
5
10
In the afternoon of April 26, Minister of Commerce Wang Wentao met with Head of the Federal Chancellery of Germany Wolfgang Schmidt in Berlin. The two ministers had a candid and practical discussion on such topics as implementing the consensus reached between
1
2
10
New breakthrough has been made under the
#China
's
#FreeTradeAreas
upgrading strategy in the past decade.⬇️
0
3
9
Protocol to upgrade the free trade agreement (
#FTA
) between
#China
and
#NewZealand
enters into force on April 7, 2022.
5
4
10
Chinese Premier Li Keqiang delivered a speech at the opening ceremony of the 130th session of the
#China
Import and Export Fair, which is also known as
#CantonFair
.
China's development is propelled by opening-up and reform, and China will share its development opportunities with the world to achieve better development: premier Li
0
12
46
0
1
11
Winter sports have gained popularity nationwide among people of all ages as
#BeijingWinterOlympics
is just around the corner. Consumption related to ice and snow such as skiing and skating is very popular.
#Beijing2022
, Together for a Shared Future!
2
3
11
Let’s join the CAEXPO for the charm of Paper-cutting Skill, an Intangible Cultural Heritage. Click on the video for more.
#19thCAEXPO
⬇️⬇️
2
2
9
On February 1, 2022, the Regional Comprehensive Economic Partnership Agreement (
#RCEP
) takes effect for the Republic of Korea.
7
3
11
#China
's rural and urban areas have seen coordinated development in
#consumption
in the past decade.⬇️
0
4
6
In 2021, China's
#trade
with other SCO Member States increased by 40% year-on-year to a record high of USD343.3 billion, 28 times the amount in 2001 when the organization was first established.
0
2
10
