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On February 6, Wang Wentao (China's Commerce Minister) and Parks Tao (South Africa's Trade Minister) co-chaired the 9th China-South Africa Joint Economic and Trade Commission meeting in Beijing, discussing deepening bilateral economic and trade cooperation. They signed an economic partnership framework agreement and issued a joint statement.
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By 2025, China-Central Asia trade exceeds $100 billion, with China as their largest trading partner. Political mutual trust and complementary needs form the foundation. Chinese solutions fit Central Asia’s independent sustainable development, while future opportunities include green transformation, digital economy, and tailored cooperation.
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On February 5th, the Ministry of Commerce held a regular press conference. Regarding the US's response to the WTO ruling on China's lawsuit against the US Inflation Reduction Act (acknowledging defeat but accusing the ruling of being wrong), spokesperson He Yadong emphasized the ruling is objective and fair, urging the US to respect and abide by WTO rules.
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On February 5, Chinese Foreign Ministry spokesperson Lin Jian opposed the U.S.'s "Key Mineral Alliance", stating that an open and inclusive international trade environment and global key mineral supply chain stability are in all countries' interests, and rejecting "small circle" disruptions to the economic and trade order.
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Zhengzhou Customs issues FTA origin certificates to Henan enterprises, delivering tariff benefits (1.47B yuan savings last year) and boosting "Made in Henan" exports to Belt and Road countries. It will promote policy implementation and visa facilitation next.
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Goldman Sachs Chairman David Su (Su Dewei) expresses optimism about China's economy, citing 2025 growth target achievement, consumption as core driver, expected foreign investment rebound, long-term firm investment in China, and capital market opening-up attracting global capital.
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On January 30th local time in Geneva, the WTO expert group ruled US clean energy subsidy measures in the Inflation Reduction Act violated WTO rules, rejected US defense, demanded cancellation. China welcomes the fair ruling, hopes US respects it and corrects practices to maintain trade order.
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Recently, multiple foreign leaders visited China; international organizations and experts praise China's economic resilience, innovation, and openness, highlighting its growing "gravity" in the global economy as a reliable cooperation partner.
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During the 14th Five-Year Plan period, China's economy shifted to high-quality development, contributing around 30% to global growth. It leads in manufacturing, infrastructure, new quality productive forces, green transformation, and improved people's livelihoods, advancing toward Chinese path to modernization.
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The first National Product Digital Passport (DPP) Standardization Working Group is established with 43 experts. Bai Jinlong from Chongqing is the only local representative. DPP breaks cross-border info asymmetry, adapts to green trade rules. EU will integrate battery DPP by 2027, UN builds global framework; China promotes plans in 2025. The group links ISO59000, supporting Chinese enterprises' global integration. Chongqing's institute links SCO platform, boosting regional standard co-construction.
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The 2025 Central Economic Work Conference proposes promoting integration of trade and investment to advance China's open economy high-quality development. It analyzes the evolution of trade-investment relations, China's current status, strategic considerations amid global economic changes, and key tasks for integration to enhance its global value chain position and build a strong trading nation.
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On January 27th, the 2026 UN-China Sustainable Development Cooperation Joint Steering Committee meeting was held in Beijing. Both sides planned new-cycle cooperation priorities around the 15th Five-Year Plan, supported multilateralism, and aimed to advance the 2030 Agenda and South-South cooperation.
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