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[Trade News] The Ministry of Finance announced the administrative measures for the release of government procurement information

The Ministry of Finance announced the administrative measures for the release of government procurement informationThe Ministry of Finance of the People's Republic of China announced on December 10 the "Administrative Measures on the Procurement of Government Procurement Information", which came int

2019-12

[Trade News] China Council for the Promotion of International Trade issues country guidelines to help companies invest abroad

China Council for the Promotion of International Trade issues country guidelines to help companies invest abroadThe China Council for the Promotion of International Trade (CCPIT) released the first batch of "Guidelines on Business Environment for Enterprises' Overseas Investment in Countries (Region

2019-12

[Trade News] Germany: the output value of the machinery manufacturing industry may continue to decline

Germany: the output value of the machinery manufacturing industry may continue to declineKarl Martin Welk, Chairman of the German Machinery and Equipment Manufacturing Association, said on December 10 that it is difficult for machinery manufacturing as a pillar industry in Germany to quickly get out

2019-12

[Trade News] South Korea: proposed to impose income tax on Bitcoin transactions

South Korea: proposed to impose income tax on Bitcoin transactionsAccording to South Korea's "Central Daily" report, the Ministry of Planning and Finance of the Republic of Korea stated on December 8 that the government has decided to levy income taxes on virtual assets such as Bitcoin and Ethereum,

2019-12

[Trade News] World Trade Organization: Appellate Body Formally "Stopped" on the 11th

World Trade Organization: Appellate Body Formally "Stopped" on the 11thThe Director-General of the World Trade Organization, Azevedo, announced on December 10 that the Appellate Body was officially “closed” from the 11th. This will undoubtedly damage the WTO dispute settlement mechanism, but it does

2019-12

[Trade News] Academy of Social Sciences: expected economic growth of 6% next year

Academy of Social Sciences: expected economic growth of 6% next yearOn December 9, the "2020 Economic Blue Book" conference and China's economic situation report hosted by the Chinese Academy of Social Sciences was held in Beijing. The "Economic Blue Book" points out that under the combined effect o

2019-12

[Trade News] China completed $ 2.38 billion in renewable energy investments along the Belt and Road Initiative in the first ten months

China completed $ 2.38 billion in renewable energy investments along the Belt and Road Initiative in the first ten months"From January to October this year, China's investment in renewable energy along the Belt and Road was $ 2.38 billion." Said Zhai Dongsheng, director of the Belt and Road Construc

2019-12

[Trade News] National Bureau of Statistics: November 2019 CPI rose 4.5% year-on-year

National Bureau of Statistics: November 2019 CPI rose 4.5% year-on-yearIn November, cities rose 4.2% and rural areas rose 5.5%; food prices rose 19.1%, non-food prices rose 1.0%; consumer prices rose 6.5%, and service prices rose 1.2%. On average from January to November, the national consumer price

2019-12

[Trade News] Brazil: Central Bank survey predicts higher economic growth this year

Brazil: Central Bank survey predicts higher economic growth this yearOn December 9th, the "Focus Survey" released by the Central Bank of Brazil showed that the financial market expects the Brazilian economy to achieve higher growth and raised its inflation expectations for the fifth consecutive wee

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