Tue, 21-Oct-2025

China’s FDI inflow up 14.9 pct to record high in 2021

China FDI

BEIJING – Foreign direct investment (FDI) into the Chinese mainland, in actual use, expanded 14.9 percent year on year to a record high of 1.15 trillion yuan in 2021, the Ministry of Commerce said Thursday. In U.S. dollar terms, the inflow went up 20.2 percent year on year to 173.48 billion dollars. High-tech industries saw … Read more

World’s largest free trade deal takes effect on first day of 2022

World’s largest free trade

BEIJING: The Regional Comprehensive Economic Partnership (RCEP) agreement, the world’s largest free trade agreement, entered into force on Saturday, injecting vitality into multilateralism and free trade amid the Covid-19 pandemic and global economic recovery. After the agreement takes effect, more than 90 per cent of merchandise trade among members that have approved the agreement will … Read more