The US is considering to end current tariff exemptions for packages valued under $800, which is seen as a move to crack down on the large amount of goods imported from China in duty-free packages.
China s trade sector grew 8.9 percent in April in yuan s terms, data released by the Chinese customs showed on Tuesday. The data, although demonstrating a certain level of slowdown compared with data from March, still showed a trend of persistent recovery in the trade sector which experts said has beaten their anticipations.
The 133rd China Import and Export Fair, commonly known as the Canton Fair, which will officially open on Saturday, will be the largest ever since 1957 in terms of the number of exhibitors and the exhibition area, and it will also welcome a large number of foreign traders.
A global cross-border e-commerce exhibition kicked off on Tuesday in Shenzhen, South China s Guangdong Province, amid the rising popularity of such exhibitions, where Chinese exporters explore new ways to sell overseas.
China s consumption posted a remarkable rebound during the 2023 Spring Festival, the most important holiday after the country optimized COVID-19 response in December last year, sending out an encouraging signal about the swift recovery of the world s second-largest economy, and that a vibrant Chinese economy will help lift the global economy out of the shadow of the epidemic.