Editor's note: China will step up the pace of its free trade negotiations this year as it seeks to build stronger trade ties with more partners and reduce the dominance of the United States' currency in the global trading system. |
Decisive measures needed to put China at the core of global activity Trade experts say China needs another round of decisive measures to put its export growth on a firmer footing in 2015, amid declining demand in major foreign markets. Zhou Shijian, the standing councilor of the China Society for World Trade Organization Studies, said new measures should include pushing the Chinese currency to play a bigger role in foreign trade, developing new trading routes in neighboring regions, and encouraging more high-value added products onto the global market. Read more>> |
Free trade moves to gather pace China will step up the pace of its free trade negotiations this year as it seeks to build stronger trade ties with more partners and reduce the dominance of the United States' currency in the global trading system. Zhang Shaogang, director-general of the department of international trade and economic affairs at the Ministry of Commerce, said China will launch FTA negotiations with Israel and initiate FTA feasibility studies with Colombia, India, Nepal, Maldives and South Pacific island nations like Fiji, Vanuatu and Papua New Guinea this year. Read more>> |
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Deals concluded or in progress (Source:Ministry of Commerce) |
Free trade agreements China-ASEAN FTA; China-Pakistan FTA China-Chile FTA China-New Zealand FTA China-Singapore FTA China-Peru FTA Mainland and Hong Kong Closer Economic Partnership Arrangement Mainland and Macao Closer Economic Partnership Arrangement China-Costa Rica FTA China-Iceland FTA China-Switzerland FTA |
FTAs under consideration
China-India Regional Trade Arrangement Joint Feasibility Study China-Columbia FTA Joint Feasibility Study China-Israel FTA Joint Feasibility Study China-Moldova FTA Joint Feasibility Study China-Nigeria FTA Joint Feasibility Study China-Nepal FTA Joint Feasibility Study China-Maldives FTA Joint Feasibility Study China-South Pacific island countries FTA Joint Feasibility Study Concluded FTA negotiations China-Australia FTA; China-South Korea FTA |
FTAs under consideration China-India Regional Trade Arrangement Joint Feasibility Study China-Columbia FTA Joint Feasibility Study; China-Israel FTA Joint Feasibility Study China-Moldova FTA Joint Feasibility Study; China-Nigeria FTA Joint Feasibility Study China-Nepal FTA Joint Feasibility Study;China-Maldives FTA Joint Feasibility Study China-South Pacific island countries FTA Joint Feasibility Study |
Food companies find room to grow in Australia, NZ Companies based in China are investing in Australia and New Zealand's agricultural sectors as they pursue a larger foothold in these lucrative markets through favorable policies offered by bilateral free trade agreements. As China and Australia announced the practical conclusion of negotiations on an FTA in November, the new trade agreement has benefited Australia's agriculture and services industries in particular, as well as leading to growth in Chinese investment in the country. Read more>> |