China leads world's trade confidence index: HSBC survey

    JAKARTA, Oct. 5 (Xinhua) -- A latest HSBC Indonesia survey showed Monday that China is ranked the top in favorite trade partner list of Indonesian businessmen in the next three month.

    According to the survey conducted by HSBC-hired survey firm TNS from August to September 2009, of 0-200 level of trade confidence index points, in which 200 represents the highest level, Chinese mainland market obtained the highest 121 points in the bank's global survey. Indonesian market stood second at 120 points, followed by United Arab Emirates (UAE) market at 118 points. Full story

China's auto exports decline for 12 consecutive months

    BEIJING, Sept. 22 (Xinhua) -- China's auto exports have declined for 12 consecutive months since August last year because of a big contraction in the international auto market due to the financial crisis.

    Starting from the second half of last year, China's foreign trade experienced a sharp decline, with auto exports from January to July plunging 56.9 percent to 191,000 units, compared to the same period last year, said Commerce Ministry official Zhou Ruojun Tuesday. Full story

China becomes world largest exporter for first time

    BEIJING, Aug. 26 -- China's rise as the world largest exporter, though significant, does not mean Chinese exports will be of as high a quality as Germany's goods, experts said.

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China retains foreign trade advantages: official

    BEIJING, July 4 (Xinhua) -- China did not lose its advantages in foreign trade despite global downturn and could retain foreign trade level above the global average once global economy recovered, a senior Chinese official said Saturday.

    Yi Xiaozhun, vice commerce minister, was speaking at the Global Think Tank Summit that ended Saturday in Beijing. Full story

Innovation, key for "Made in China" to out of crisis

    BEIJING, Sept. 24 (Xinhua) -- China's foreign trade and export enterprises have encountered unprecedented pressure during the global financial crisis -- but analysts say they believe innovation is the way out for the "Made in China" brand.

    The Quanzhou Baofeng Shoes Company, one of China's leading producer of slippers, is precisely the type of exporter that should be on its knees. Headquartered in Quanzhou, a coastal city in southeastern Fujian Province, Baofeng used to export 90 percent of its annual output to the United States. Full story

Chinese exporters have confidence in U.S. market: senior official

    LAS VEGAS, the United States, Aug. 10 (Xinhua) -- A record number of Chinese businesses and manufacturers are participating in the annual exhibition of Chinese products in the United States, in a way to show their confidence in the U.S. market and American consumers, a senior Chinese official said here on Monday.

    Inaugurating the "China Brand Show 2009" in the Las Vegas International Convention Center, Vice Minister of Commerce Zhong Shan said the Chinese government pays much attention to the difficulties its economy is facing amid the global financial crisis. Full story

China a major target of trade protectionism: Official

    BEIJING, July 31 -- China can expect to be a major target of rising trade protectionism - particularly from the United States and India - as the world struggles to recover from the global financial crisis, the Ministry of Commerce (MOFCOM) said Thursday.

    The crisis has pushed trade protectionist cases to a historical high. Full story