165 overseas institutions to participate in 2021 CIFTIS
x1
165 overseas institutions to participate in 2021 CIFTIS
3 Aug 2021
165 overseas institutions and foreign institutions in China from 108 overseas countries and regions have confirmed their participationonline or offline in the 2021 China International Fair forTradein Service (CIFTIS) which will be held in September 2-7,said Sun Yao, Deputy Director of Beijing Municipal Commerce Bureau. The countries and regions include 81 ones those have signedBelt and Roadcooperation agreements with China, and 29 of world top 30 countries and regions in servicetrade. According to Sun, 48 percent of the registered companies for exhibitions at the 2021 CIFTIS are the Fortune Global 500 andindustry-leading enterprises. Photo taken on Sept. 2, 2020 shows the outdoor exhibition area of the China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China. (Xinhua/Xing Guangli) Theme on "Enabling a Digital Future, Driving Development with Services", the 2021 CIFTIS will set up about 130,000 square meters of exhibition area, and organize more than 100 forums, conferences, promotion, and negotiation activities. Moreover, China's leading domestic and international enterprises in digital services such as 5G, big data, artificial intelligence, blockchain and cloud computing will be invited to showcase the latest progress, achievements and applications in the digital, web-based and intelligent development of global services. Source: Xinhua Silkroad
World Bank official: China's market drives global growth
x1
World Bank official: China's market drives global growth
3 Aug 2021
A World Bank official underlined recently the essential role China plays in boosting development with infrastructure investments and recognized the potential of its domestic market to drive the global economic recovery. "It's important that we see the significance of China's domestic market as an engine of growth for other countries," said Martin Raiser, the World Bank's country director for China, at the seventh China and Globalization Forum in Beijing on July 30. Martin Raiser, the World Bank's country director for China, speaks at the seventh China and Globalization Forum in Beijing on July 30. [Photo courtesy of the Center for China and Globalization (CCG)] Raiser stressed that China should see itself as a motor of consumption and international demand, in a bid to better contribute to the global economic recovery. "This will serve an important purpose particularly for many emerging markets," he added. China has been putting major effort into developing its domestic market since it introduced a "dual circulation" development paradigm last year. According to the country's 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, China will advance the building of a strong domestic market and a strong trading nation in a concerted way, based on domestic circulation. This strategy has proved effective. Earlier in June, the World Bank upgraded China's growth forecast to 8.5% in 2021, up a 0.6 percentage point from the previous projection. In the meantime, the global economy is expected to expand 5.6%, 1.5 percentage points higher than the previous projection. The strong rebounds in China have largely been supported by its infrastructure investments, so Raiser hoped the World Bank, the Asian Infrastructure Investment Bank (AIIB), and the Asian Development Bank (ADB) could collaborate on infrastructure projects in other countries. According to Raiser, over the past 40 years, China has significantly improved its domestic social and environmental standards, meanwhile enhancing the planning and economic analysis of infrastructure projects. "As a result, China has been a huge beneficiary of its own investment and infrastructure. This experience, we now need to bring together to other countries," he said, referring to China's commitment to building the capacity and adhering to international good practice standards, instead of simply providing capital. As China develops its own economy towards a greener and most sustainable path in line with its carbon neutrality goal by 2060, this will provide big technical opportunities for many other countries to learn from, Raiser noted. Chen Deming, former Chinese minister of commerce, speaks at the seventh China and Globalization Forum in Beijing on July 30. [Photo courtesy of the CCG] "There are many regions across the world that require the attention from both developed countries and emerging economies," said Chen Deming, former minister of commerce at the forum. Chen believed that investing in infrastructure projects in less-developed countries could be a win-win approach which would not only help drive their economic growth, but also solve the issue of overcapacity in developed countries. He noted that developed and emerging economies and developing countries should reach consensus regarding the formulation of investment standards and international rules in the fields of infrastructure construction.
China delivers 350 million doses vaccines to BRI partners
x1
China delivers 350 million doses vaccines to BRI partners
3 Aug 2021
China has delivered 350 million doses of vaccines to co-sponsors of the Initiative for Belt and Road Partnership on COVID-19 Vaccines Cooperation, a Foreign Ministry spokesperson said Monday. The spokesperson said in a press release that Chinese State Councilor and Foreign Minister Wang Yi chaired the Asia and Pacific High-level Conference on Belt and Road Cooperation in June this year. During the meeting, China and 28 countries jointly launched the Initiative for Belt and Road Partnership on COVID-19 Vaccines Cooperation, calling for stronger cooperation in vaccine assistance, export, and joint production. China has been actively implementing the initiative and reached cooperation agreements with co-sponsors of the initiative on a total of 775 million doses of vaccines, including in the form of concentrates, of which 350 million doses have been delivered, the spokesperson said. Chinese companies have started joint production with four co-sponsors of the initiative and are discussing joint production with other interested countries, said the spokesperson. China stands ready to carry forward the efforts with Belt and Road partners to promote the equitable distribution of vaccines globally and increase vaccine accessibility and affordability in Belt and Road countries and other developing countries, said the spokesperson. Source: Xinhua
China-Mongolia border port sees robust growth in China-Europe freight trains
x1
China-Mongolia border port sees robust growth in China-Europe freight trains
2 Aug 2021
Staff members check the locomotive of a freight train in Erenhot, north China's Inner Mongolia Autonomous Region, Jan. 8, 2021.(Xinhua/Guo Pengjie) The import and export values of goods transported by China-Europe freight trains has surpassed 20 billion yuan (about 3 billion U.S. dollars) via the border port of Erenhot in north China's Inner Mongolia Autonomous Region, local railway authorities said. The number of China-Europe freight trains via the port has reached 7,187 as of Wednesday, carrying 610,000 twenty-foot equivalent units (TEU) of goods. The top export commodities during the first half of the year were engineering vehicles, electrical equipment, auto parts and household appliances, according to the customs of Erenhot. Erenhot Port, an important channel for international cargo in north China's Inner Mongolia Autonomous Region, has around 50 China-Europe freight train routes passing through it. Source: Xinhua
Online expo boosts trade among RCEP members
x1
Online expo boosts trade among RCEP members
30 Jul 2021
An online expo aimed at boosting trade between the Regional Comprehensive Economic Partnership (RCEP) member nations opened its doors Wednesday. More than 2,000 enterprises have registered to participate in the 2021 RCEP Members International Trade Digital Expo, which is sponsored by the China Council for the Promotion of International Trade. About 20,000 professional buyers from RCEP member states are expected to visit the expo or negotiate online. The expo covers various industries, including intelligent manufacturing, new energy and services trade. It will end on Aug. 6. The RCEP, the world's largest free-trade deal, signed in November 2020, embraces the 10 members of the Association of Southeast Asian Nations (ASEAN), as well as China, Japan, the Republic of Korea, Australia and New Zealand. Source: Xinhua
China-ASEAN trade skyrockets by 85 times in three decades
x1
China-ASEAN trade skyrockets by 85 times in three decades
30 Jul 2021
Workers work at the construction site of the China-funded Binondo-Intramuros Bridge in Manila, the Philippines, Nov. 18, 2020. (Xinhua/Rouelle Umali) Trade between China and the Association of Southeast Asian Nations (ASEAN) has skyrocketed by 85 times since the two sides established their dialogue relations 30 years ago, official data showed. China has remained ASEAN's largest trading partner for 12 consecutive years, said Ren Hongbin, assistant minister of commerce. In 2020, ASEAN also became China's largest trading partner. In the first half of this year, bilateral trade between China and ASEAN continued robust expansion, registering a 38.2 percent year-on-year growth, Ren told a press conference Thursday. On the investment front, ASEAN has become one of China's major outbound investment destinations and sources of foreign direct investment, with cooperation booming in sectors such as manufacturing, agriculture, infrastructure, high-tech, the digital economy, and the green economy. Mutual investment between China and ASEAN exceeded 310 billion U.S. dollars as of June 2021, while the business revenue of Chinese enterprises from project contracts in ASEAN countries approached 350 billion U.S. dollars. Looking ahead, Ren said China would actively promote economic and trade ties with ASEAN by enhancing cooperation against the COVID-19 pandemic and jointly pushing forward the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement. The 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit will be held from September 10 to 13 in Nanning, the capital of south China's Guangxi Zhuang Autonomous Region. With an exhibition area of 124,000 square meters, the expo this year will set up a special area for RCEP members and has invited more countries and enterprises along the Belt and Road, according to Liu Hongwu, vice governor of Guangxi. Source: Xinhua
Concurso de Dibujo México-China
x1
Concurso de Dibujo México-China
16 Jul 2021
Concurso Internacional de Dibujo para Niños y Jóvenes 2021 Capítulo China-México A fin de promover el intercambio cultural entre niños y jóvenes de China y México, así como profundizar el entendimiento mutuo y la amistad, fortalecer la cooperación en la cultura, el arte y el turismo entre ambos países, invitamos a los niños y jóvenes de entre 3 y 16 años de edad a participar en el Concurso Internacional de Dibujo para Niños y Jóvenes 2021, organizado por la Cámara de Comercio Internacional de la Ruta de la Seda (Shanghái) y el Consulado General de México en Shanghái. El tema principal del concurso de dibujo es " México en los ojos de los niños y jóvenes", que incluye: la Amistad entre México y China, Viajar por México, Paisajes del Caribe, Cuentos de hadas populares, Arquitectura, Gastronomía, Danza folclórica, Artesanía en general y El Día de Muertos. Los participantes estarán divididos en tres grupos: de 3 a 6 años, de 6 a 9 años y de 9 a 16 años. El concurso quedará abierto a partir de la publicación de la presente convocatoria y hasta el 31 de agosto de 2021. Para mayor información, favor de consultar al siguiente correo electrónico (atención en inglés o mandarín): info@bwfer.com
E-courses and specialised programmes offered by ICC Academy: Part Two
x1
E-courses and specialised programmes offered by ICC Academy: Part Two
12 Jul 2021
Dear SRCIC members, We are delighted to present to you E-courses and specialised programmes on trade finance and cross border transactions (Part Two) provided by ICC Academy. INTERNATIONAL BUSINESS Incoterms® 2020 Certificate (INCO) The Incoterms® 2020 Certificate (INCO) provides a comprehensive working knowledge of ICC's globally recognised commercial trade terms, which offer specific guidance for corporate professionals involved in trade and international business transactions, trade and logistics professionals and those working in legal and regulatory affairs. This professional certificate helps traders avoid costly misunderstandings by clarifying the tasks, costs and risks involved in the delivery of goods. The certification includes access to 7 online, interactive lessons and the final exam, also taken online. Total learning time is approximately 4-5 hours and the course is available in English or Spanish. › Lesson 1: Overview of Incoterms® Rules › Lesson 2: Definition of Incoterms® 2020 › Lesson 3: Obligations Part 1 › Lesson 4: Obligations Part 2 › Lesson 5: Comparison Matrix › Lesson 6: Industry Case Studies › Lesson 7: Assessment Learn more at: https://icc.academy/certifications/incoterms-2020-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Export/Import Certificate (EIC) The EIC is the ICC's international trade certification that provides comprehensive and practical knowledge on how to conduct cross-border transactions. It will benefit export and import managers, trade finance bankers, freight forwarders and carriers, customs brokers, private and government inspectors and auditors, insurance providers, trade lawyers and trade promotion executives. The certification is split across 5 courses and the final exam, all taken online. Each of the courses will take 3-4 hours to complete and is designed to give you an in-depth understanding of international trade processes and their related risks. In total the EIC will take approximately 21 hours to complete. COURSES › International Trade Overview › Business Transactions and Contracts › Financing and Security Devices › International Logistics and Sourcing › Global Business Management Learn more at: https://icc.academy/certifications/export-import-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Free Trade Agreement Certificate (FTAC) The ICC Academy's Free Trade Agreement Certificate (FTAC) is designed to simplify the often difficult and legalistic FTA rules to help businesses access new markets, higher gross margins through cost reduction, and the ability to source new suppliers at more competitive rates. This professional certificate provides a collaborative mapping of how business units can come together to overcome perceived technicalities and generate revenue-boosting solutions – applicable to any size and industry sector. Divided into 5 lessons, the programme was developed by Globalab's Principal Trainer, Maler Vilee, who has more than 15 years of experience working with governments in trade, investment and free trade agreements. The three-hour interactive course aims to train companies, especially small and medium-sized enterprises, to be adept at using FTAs to boost export competitiveness and identify new growth opportunities. › Lesson 1: Strategic Planning Behind FTAs › Lesson 2: Overview of the FTA basics › Lesson 3: Importance of FTAs for Business Operations › Lesson 4: Industry Case Studies › Lesson 5: Assessment Learn more at: https://icc.academy/certifications/free-trade-agreement-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Invoicing Solutions Certificate (ESC) The E-Invoicing Solutions Certificate (ESC) explains the steps necessary to adopt e-invoicing, the processes for successful implementation and its benefits with the aim of expanding business. Divided into 5 lessons, the programme has been created alongside Mastercard and in partnership with Basware and Xero. The certificate leverages a deep understanding of the digital payment ecosystem to increase the efficiency of an organisation’s finance operations while making it easier to transact with customers. › Lesson 1: Traditional Methods › Lesson 2: E-Invoicing Overview › Lesson 3: Going Digital › Lesson 4: Industry Case Studies › Lesson 5: Assessment Learn more at: https://icc.academy/e-invoicing-solutions-certificate-esc/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Microfinance Associate Certificate (MAC) The Microfinance Associate Certificate (MAC) provides a practical overview and leverage a deeper understanding of challenges and processes required to achieve businessreadiness for anyone joining the microfinance industry. Comprising 5 courses, the programme has been created in partnership with Satin Creditcare Network (SCNL), one of the world’s leading microfinance providers. Microfinance institutions and services provide financial assistance and awareness to people living in less-developed economies. The certificate covers the primary models, application methods and impact of microfinance, as well as the possible risks and mitigation strategies. Courses › Introduction to Microfinance › Microfinance Ecosystem and Application › Microfinance Technology and Analytics › Microfinance Risk and Mitigation › Microfinance Indicators and Impact Learn more at: https://icc.academy/microfinance-associate-certificate-mac/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC
E-courses and specialised programmes offered by ICC Academy: Part One
x1
E-courses and specialised programmes offered by ICC Academy: Part One
9 Jul 2021
Dear SRCIC members, We are delighted to present to you a series of e-courses and specialised programmes on trade finance and cross border transactions provided by ICC Academy. ABOUT THE ACADEMY Founded in 2015, The ICC Academy is a ground-breaking e-learning platform brought to you by the International Chamber of Commerce (ICC), the world’s business organization. We offer dynamic e-courses and specialised programmes on trade finance and cross border transactions designed by leading industry experts to meet the educational needs of banks, corporates and other organisations at the forefront of international trade. We are part of the International Chamber of Commerce (ICC) –the world’s largest business organization representing more than 45 million companies in over 100 countries. ICC’s core mission is to make business work for everyone, every day, everywhere. Through a unique mix of advocacy, solutions and standard setting, ICC promote international trade, responsible business conduct and a global approach to regulation, in addition to providing market-leading dispute resolution services. ABOUT THE COURSES & PROGRAMMES Part I: TRADE FINANCE Global Trade Certificate (GTC) The GTC is an introductory-level programme designed to help you build a foundational understanding of global trade finance solutions. It will benefit transactional and relationship managers—as well as executives from management, credit, legal and compliance functions. Comprising 6 core courses and 3 electives, the industry-validated syllabus was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. Each course has been tailor-made to learn the essentials of global trade finance. CORE COURSES › Introduction to Trade Finance › Introduction to Collections › Introduction to Distributor Finance › Introduction to Documentary Credits › Introduction to Guarantees › Introduction to Receivables Finance ELECTIVE OPTIONS (Select 3) › Introduction to Capital and Pricing › Introduction to Compliance › Introduction to Cross Border Trade › Introduction to Fraud and Reputational Risk › Introduction to Risk Distribution › Introduction to Standby Letters of Credit › Introduction to Supply Chain Finance › Introduction to Trade Finance Sales Learn more at: https://icc.academy/certifications/icc-global-trade-certificate/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC Certified Trade Finance Professional (CTFP) The Certified Trade Finance Professional (CTFP) is an advanced professional certificate programme providing training and certification on key trade finance products, techniques and compliance issues. Comprising 5 core courses and 4 electives, the industry-validated syllabus was developed by a group of leading trade finance experts drawn from ICC’s Banking Commission. Each e-course has been tailor-made to develop the skills needed to sell, deliver and process global trade finance solutions. CORE COURSES › Advanced Working Capital for Trade › Advanced Documentary Credits › Advanced Guarantees › Advanced Supply Chain Finance › Export Finance ELECTIVE OPTIONS (Select 4) › Digital Trade Finance and Fintechs › Managing Trade Sales › Managing Trade Operations › Managing Trade Products › Advanced Commodity Finance › Advanced Standby Letters of Credit Learn more at: https://icc.academy/certified-trade-finance-professional/?utm_source=SRCIC&utm_medium=Website&utm_campaign=SRCIC To be continued!
Sino-Greece Session: 2021 International Youth Friendly Art Exchange Competition
x1
Sino-Greece Session: 2021 International Youth Friendly Art Exchange Competition
6 Apr 2021
Aiming at the promotion of mutual understanding and friendship as well as of cooperation in the fields of culture, art, tourism and sports amongst countries through art exchanges of young people, the Sino-Greece Session of the International Youth Friendly Art Exchange Competition will be held, under the auspices of the Consulate General of Greece in Shanghai. The main themes of the painting competition are: “Friendship between Greece and China”, “Children see Greece”, “Go to Greece with a Sketchpad”, “Greek mythology”, “Aegean scenery” and “Mediterranean food”. Participants will be divided in three groups: 3-6 years old, 6-9 years old, 9-16 years old. The deadline for the submission of paintings is April 20, 2021. For further information, please contact info@bwfer.com.
SRCIC Attends Education, Economic and Trade Cooperation Meeting between Shaanxi and Mogilev
x1
SRCIC Attends Education, Economic and Trade Cooperation Meeting between Shaanxi and Mogilev
7 Dec 2020
2 December 2020, the online exchange meeting concerning education and economic and trade cooperation was held between Shaanxi, China and Mogilev, Belarus. Speeches were delivered respectively by Yao Hongjuan, Member of the Shaanxi Provincial Party Committee and Director of the Provincial Foreign Affairs Office, Tang Yugang, Deputy Director of the Department of Commerce, Marinenko Pavel Leonidovich, Vice Chairman of the Executive Committee and Economic Committee of Mogilev, Ivanistov Aleksandr Nikolaevich, Director of the Scientific Research Department of the Belarusian Academy of Agricultural Sciences, Yartsev Andrey Viktorovich, Director of Free Economic Zone of Mogilev, and Luo Jun, Vice President of Northwest Agricultural and Forestry University. In addition, representatives of 12 enterprises in food industry, meat import and export, dairy products and other fields promoted their products at the meeting. Diane Bian, Secretary General of the SRCIC, was also invited to the online meeting. SG Bian introduced the major conferences and international activities held by the SRCIC since its establishment, and also elaborated how the SRCIC actively use its member network and cooperative platform to boost economic and trade cooperation, and cultural exchanges between China and Belarus. SG Bian said that the SRCIC is committed to mobilizing its member resources to strengthen the collaboration between the Sino-Belarusian business communities and enabling the enterprises of Shaanxi and Mogilev to participate in the Belt and Road construction, so as to share the development dividend of the B&R initiative. Finally, SG Bian gave an introduction to the Silk Road Urban Alliance (SRUA) initiated by SRCIC in 2018. She warmly welcomed Mogilev to join in the SRUA for the potential collaboration and win-win development.
SRCIC Holds its 6th Presidium Meeting on Line
x1
SRCIC Holds its 6th Presidium Meeting on Line
23 Nov 2020
On November 16, 2020, SRCIC held its 6th Presidium meeting on line. The meeting was attended by SRCIC Chairman Lu Jianzhong, Honorary Chairmen Jemal Inaishvili, Liu Changle (represented by He Daguang, Vice Executive Chairman of the Phoenix TV), Wang Shi, Executive Chairman Jean-Guy Carrier, Executive Vice Chairman Wu Yunguo, Vice Chairman Li Zhonghang, and Secretary General Diane Bian. During the meeting, Chairman Lu gave a report on the work of SRCIC in 2020 and SRCIC’s plan for the next stage. The attendees also had a discussion on the proposal for the Silk Road Business Summit to be held in Haikou, Hainan in 2021. Chairman Lu praised SRCIC members’ efforts to tackle the global challenge of COVID-19 and to promote the Belt and Road international cooperation, demonstrating the sense of responsibility of the organization. He then briefed on SRCIC’s plan to build an international culture museum park and an artwork trading center in the backdrop of the construction of the Hainan Free Trade Port and signing of the Regional Comprehensive Economic Partnership. He subsequently sought SRCIC chairmen and members’ attention and participation in those projects. All Chairmen expressed their support for SRCIC's work plan in 2021 and their acknowledgement for the excellent performance of SRCIC Secretariat in the past months, especially during the COVID-19 outbreak. Chairman Jemal stated his appreciation to Chairman Lu and other Chairmen for their effort in responding to our common challenge of the pandemic. He also suggested a webinar should be held at the end of the year to strengthen the exchange among SRCIC members. Chairman Carrier thanked Chairman Lu for his endeavors in pioneering SRCIC's development and suggested SRCIC maintain close contacts with international organizations such as the International Chamber of Commerce. SRCIC Deputy Secretaries-General Mr. Li Qiang, Mr. Wang Yan, Mrs. Tian Xiaohong and Mr. Huang Zhe were also present at the meeting.
165 overseas institutions to participate in 2021 CIFTIS
x1
165 overseas institutions to participate in 2021 CIFTIS
3 Aug 2021
165 overseas institutions and foreign institutions in China from 108 overseas countries and regions have confirmed their participationonline or offline in the 2021 China International Fair forTradein Service (CIFTIS) which will be held in September 2-7,said Sun Yao, Deputy Director of Beijing Municipal Commerce Bureau. The countries and regions include 81 ones those have signedBelt and Roadcooperation agreements with China, and 29 of world top 30 countries and regions in servicetrade. According to Sun, 48 percent of the registered companies for exhibitions at the 2021 CIFTIS are the Fortune Global 500 andindustry-leading enterprises. Photo taken on Sept. 2, 2020 shows the outdoor exhibition area of the China International Fair for Trade in Services (CIFTIS) in Beijing, capital of China. (Xinhua/Xing Guangli) Theme on "Enabling a Digital Future, Driving Development with Services", the 2021 CIFTIS will set up about 130,000 square meters of exhibition area, and organize more than 100 forums, conferences, promotion, and negotiation activities. Moreover, China's leading domestic and international enterprises in digital services such as 5G, big data, artificial intelligence, blockchain and cloud computing will be invited to showcase the latest progress, achievements and applications in the digital, web-based and intelligent development of global services. Source: Xinhua Silkroad
World Bank official: China's market drives global growth
x1
World Bank official: China's market drives global growth
3 Aug 2021
A World Bank official underlined recently the essential role China plays in boosting development with infrastructure investments and recognized the potential of its domestic market to drive the global economic recovery. "It's important that we see the significance of China's domestic market as an engine of growth for other countries," said Martin Raiser, the World Bank's country director for China, at the seventh China and Globalization Forum in Beijing on July 30. Martin Raiser, the World Bank's country director for China, speaks at the seventh China and Globalization Forum in Beijing on July 30. [Photo courtesy of the Center for China and Globalization (CCG)] Raiser stressed that China should see itself as a motor of consumption and international demand, in a bid to better contribute to the global economic recovery. "This will serve an important purpose particularly for many emerging markets," he added. China has been putting major effort into developing its domestic market since it introduced a "dual circulation" development paradigm last year. According to the country's 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035, China will advance the building of a strong domestic market and a strong trading nation in a concerted way, based on domestic circulation. This strategy has proved effective. Earlier in June, the World Bank upgraded China's growth forecast to 8.5% in 2021, up a 0.6 percentage point from the previous projection. In the meantime, the global economy is expected to expand 5.6%, 1.5 percentage points higher than the previous projection. The strong rebounds in China have largely been supported by its infrastructure investments, so Raiser hoped the World Bank, the Asian Infrastructure Investment Bank (AIIB), and the Asian Development Bank (ADB) could collaborate on infrastructure projects in other countries. According to Raiser, over the past 40 years, China has significantly improved its domestic social and environmental standards, meanwhile enhancing the planning and economic analysis of infrastructure projects. "As a result, China has been a huge beneficiary of its own investment and infrastructure. This experience, we now need to bring together to other countries," he said, referring to China's commitment to building the capacity and adhering to international good practice standards, instead of simply providing capital. As China develops its own economy towards a greener and most sustainable path in line with its carbon neutrality goal by 2060, this will provide big technical opportunities for many other countries to learn from, Raiser noted. Chen Deming, former Chinese minister of commerce, speaks at the seventh China and Globalization Forum in Beijing on July 30. [Photo courtesy of the CCG] "There are many regions across the world that require the attention from both developed countries and emerging economies," said Chen Deming, former minister of commerce at the forum. Chen believed that investing in infrastructure projects in less-developed countries could be a win-win approach which would not only help drive their economic growth, but also solve the issue of overcapacity in developed countries. He noted that developed and emerging economies and developing countries should reach consensus regarding the formulation of investment standards and international rules in the fields of infrastructure construction.
China delivers 350 million doses vaccines to BRI partners
x1
China delivers 350 million doses vaccines to BRI partners
3 Aug 2021
China has delivered 350 million doses of vaccines to co-sponsors of the Initiative for Belt and Road Partnership on COVID-19 Vaccines Cooperation, a Foreign Ministry spokesperson said Monday. The spokesperson said in a press release that Chinese State Councilor and Foreign Minister Wang Yi chaired the Asia and Pacific High-level Conference on Belt and Road Cooperation in June this year. During the meeting, China and 28 countries jointly launched the Initiative for Belt and Road Partnership on COVID-19 Vaccines Cooperation, calling for stronger cooperation in vaccine assistance, export, and joint production. China has been actively implementing the initiative and reached cooperation agreements with co-sponsors of the initiative on a total of 775 million doses of vaccines, including in the form of concentrates, of which 350 million doses have been delivered, the spokesperson said. Chinese companies have started joint production with four co-sponsors of the initiative and are discussing joint production with other interested countries, said the spokesperson. China stands ready to carry forward the efforts with Belt and Road partners to promote the equitable distribution of vaccines globally and increase vaccine accessibility and affordability in Belt and Road countries and other developing countries, said the spokesperson. Source: Xinhua
China-Mongolia border port sees robust growth in China-Europe freight trains
x1
China-Mongolia border port sees robust growth in China-Europe freight trains
2 Aug 2021
Staff members check the locomotive of a freight train in Erenhot, north China's Inner Mongolia Autonomous Region, Jan. 8, 2021.(Xinhua/Guo Pengjie) The import and export values of goods transported by China-Europe freight trains has surpassed 20 billion yuan (about 3 billion U.S. dollars) via the border port of Erenhot in north China's Inner Mongolia Autonomous Region, local railway authorities said. The number of China-Europe freight trains via the port has reached 7,187 as of Wednesday, carrying 610,000 twenty-foot equivalent units (TEU) of goods. The top export commodities during the first half of the year were engineering vehicles, electrical equipment, auto parts and household appliances, according to the customs of Erenhot. Erenhot Port, an important channel for international cargo in north China's Inner Mongolia Autonomous Region, has around 50 China-Europe freight train routes passing through it. Source: Xinhua
Online expo boosts trade among RCEP members
x1
Online expo boosts trade among RCEP members
30 Jul 2021
An online expo aimed at boosting trade between the Regional Comprehensive Economic Partnership (RCEP) member nations opened its doors Wednesday. More than 2,000 enterprises have registered to participate in the 2021 RCEP Members International Trade Digital Expo, which is sponsored by the China Council for the Promotion of International Trade. About 20,000 professional buyers from RCEP member states are expected to visit the expo or negotiate online. The expo covers various industries, including intelligent manufacturing, new energy and services trade. It will end on Aug. 6. The RCEP, the world's largest free-trade deal, signed in November 2020, embraces the 10 members of the Association of Southeast Asian Nations (ASEAN), as well as China, Japan, the Republic of Korea, Australia and New Zealand. Source: Xinhua
China-ASEAN trade skyrockets by 85 times in three decades
x1
China-ASEAN trade skyrockets by 85 times in three decades
30 Jul 2021
Workers work at the construction site of the China-funded Binondo-Intramuros Bridge in Manila, the Philippines, Nov. 18, 2020. (Xinhua/Rouelle Umali) Trade between China and the Association of Southeast Asian Nations (ASEAN) has skyrocketed by 85 times since the two sides established their dialogue relations 30 years ago, official data showed. China has remained ASEAN's largest trading partner for 12 consecutive years, said Ren Hongbin, assistant minister of commerce. In 2020, ASEAN also became China's largest trading partner. In the first half of this year, bilateral trade between China and ASEAN continued robust expansion, registering a 38.2 percent year-on-year growth, Ren told a press conference Thursday. On the investment front, ASEAN has become one of China's major outbound investment destinations and sources of foreign direct investment, with cooperation booming in sectors such as manufacturing, agriculture, infrastructure, high-tech, the digital economy, and the green economy. Mutual investment between China and ASEAN exceeded 310 billion U.S. dollars as of June 2021, while the business revenue of Chinese enterprises from project contracts in ASEAN countries approached 350 billion U.S. dollars. Looking ahead, Ren said China would actively promote economic and trade ties with ASEAN by enhancing cooperation against the COVID-19 pandemic and jointly pushing forward the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement. The 18th China-ASEAN Expo and China-ASEAN Business and Investment Summit will be held from September 10 to 13 in Nanning, the capital of south China's Guangxi Zhuang Autonomous Region. With an exhibition area of 124,000 square meters, the expo this year will set up a special area for RCEP members and has invited more countries and enterprises along the Belt and Road, according to Liu Hongwu, vice governor of Guangxi. Source: Xinhua
INOV Contacto International Internships
x1
INOV Contacto International Internships
19 Jul 2021
Dear SRCIC members, We would like to inform you that "INOV Contacto" is now accepting applications for its International Internship Programme. If you want to strengthen your international team with a qualified, paid intern (whose profile is matched with the job description) during six months, you can take advantage of this programme that begins in January, 2022. "INOV Contacto" is an initiative promoted by the Portuguese Trade & Investment Agency since 1997, with more than 5,800 internships across 1,200 companies worldwide. To find out more and/or apply, click HERE.
SRCIC members attend the CPC and World Political Parties Summit
x1
SRCIC members attend the CPC and World Political Parties Summit
9 Jul 2021
On July 6, 2021, the Communist Party of China (CPC) and World Political Parties Summit was held via video link. Xi Jinping, general secretary of the CPC Central Committee and Chinese president, attended the summit in Beijing and delivered a keynote speech. In his speech titled Strengthening Cooperation Among Political Parties to Jointly Pursue the People's Wellbeing, Xi stressed that political parties, as an important force behind human progress, need to set the right course forward and shoulder their historic responsibility to ensure the people's well-being and pursue human progress. He also pointed out that the CPC stands ready to work with world political parties to be builders of world peace, advocates for global development, and guardians of the international order. Xi Jinping, general secretary of the CPC Central Committee and Chinese president, delivers a keynote speech (Source: Xinhua News Agency) The cloud summit gathered leaders of more than 500 political parties and organizations from over 160 countries. Political parties from 100-plus countries set up nearly 200 venues in their home countries to organize their representatives to attend the summit. SRCIC members including the Philippine Silk Road International Chamber of Commerce (PSRICC), Chinese Southeast European Business Association (CSEBA), Arab-Chinese Cooperation and Development Association, Office of Georgian Chamber of Commerce and Industry in China, Silk Road Association Alliance members including Latin American Centre of Political and Economics Studies of China (CLEPEC), Malaysian Chamber of Commerce and Industry in China, and SRCIC partner Russian Federation Chamber of Commerce and Industry in Eastern Asia (Beijing) attended the summit. Francis Chua, Vice Chairman of SRCIC and Chairman of the PSRICC pointed out that this year marks the centenary the CPC. For 100 years, the mission of the CPC has been to bring prosperity to the Chinese people. Through decades of arduous struggle, the CPC has achieved one victory after another, profoundly changing the history and destiny of China. The PSRICC is willing to promote the cooperation between the Philippine business community and China. “When we communicate with countries around the world, we will tell them that China is a country that values peace, a country that cares about its people and its neighbors, a country that keeps its word and walks by its word. We will tell the world about China's efforts in promoting global peace and development. That's what we at the PSRICC are doing, and we want to continue to tell good stories about China,”Chua said. The image above is President Xi Jinping delivering a keynote speech. The image below, at left, is President Duterte's video address to the conference. On the right is the scene at PSRICC. Mario Rendulić, president of CSEBA said they will convey President Xi’s ideas to the Croatian people in a suitable way. He hoped that the Croatian leaders will have a deeper understanding of the CPC and draw on it to accelerate Croatia's development in all aspects. He then reiterated his willingness to further promote the Belt and Road Initiative in Croatia in the hope of building stronger ties between the two countries. President of CSEBA Mario Rendulić (R) and President of CSEBA in Asian-Pacific Li Zhenwei (L) attending the online meeting President of Arab-Chinese Cooperation and Development Association Kassem Tofailli(the first row from left) attending the online meeting Chief Representative of Russian Federation Chamber of Commerce and Industry in Eastern Asia(Beijing) Ivan A.Izotov attending the meeting Bekar, representative of Georgian Chamber of Commerce and Industry in China, congratulated on the success of the CPC and World Political Parties Summit. He expressed heartfelt congratulations on CPC's centenary and wished China continuous progress and development. He said that from the perspective of history, the period of 100 years is very short. But within such a short time frame, Chinese people managed to make unprecedented achievements under the leadership of the CPC.China is an important strategic partner of Georgia, and the two countries enjoyatime-honoredfriendship and close cooperation, which he hoped to continue to deepen and develop in the years to come. Source: People's Daily and SRCIC members
Diversity Defeats Singularity: Daryl Guppy
x1
Diversity Defeats Singularity: Daryl Guppy
9 Jul 2021
The axis of the world is inexorably tilting, although some are reluctant to acknowledge this. Just how this tilt will rebalance is the key question of our time. Two potential answers are encapsulated in the Group 7 meeting and the World Political Parties Summit of 160 countries and over 500 leaders of parties and political organizations. The sheer imbalance of numbers attending these respective meetings is proof enough alone of the momentum tilting the axis. The pressure for change in the structure of international trade relations is building and it is enabled by the increased connectivity made possible by advances in 5G and AI. The current “global order” labelled by a few countries is an extension of the outdated imperial order and excludes most countries from any meaningful participation in creating the rules that govern international trade. The time has come for these rules to be based on internationally recognised norms rather than rules imposed by an elite few. Block-chain solutions help eliminate inefficiencies in trade settlement but they require common and cooperative standards. These cannot be achieved if the process is dominated by the interests of just a few countries. The World Political Parties Summit held on July 6 via video link considered alternatives to the narrow-based hegemony favoured by the G7. It united the conversation around the concept of Governance delivering “the common values of humanity” by fostering broad-minded tolerance in the understanding of values of different civilizations. The Communist Party of China (CPC) and World Political Parties Summit is held via video link in Beijing on July 6, 2021. (Photo/Xinhua) The Summit recognised that no single political system provided a universal solution to the common question of how to improve living standards for their citizens. This is the key difference in approach, with the Summit embracing a diversity of solutions free from ideological blinkers. Global business organisations like the Silk Road Chamber of International Commerce have long recognised that there is a diversity of solutions to bringing prosperity to citizens. The Summit confirmed this approach must also extend to political parties and Government. In contrast to the G7 meeting, the summit recognised that “There doesn’t exist a fixed model for the path to modernization” so each country will select the path that serves it well. Central to progress is the freedom to develop in ways that are most appropriate for the economic and social stage of development. This is why the summit also rejected the idea that any country had the right to try to limit the prosperity of others by denying access to technology, innovation and financing. This ‘developmental decoupling’ works against the need to build a community with a shared future for mankind. In contrast to the G7 meeting, the World Political Parties Summit bought a breath of fresh air and new cooperative thinking. The summit showed the axis of the world is tilting towards giving more voice to choose and diversity and away from domination by a few. Source: cnfocus.com
Forthcoming book: China for SMEs Essential Elements of Success
x1
Forthcoming book: China for SMEs Essential Elements of Success
12 Apr 2021
Mr. Daryl Guppy, SRCIC member and Chairman of Australia China Business Council (ACBC), will release his new book China for SMEs Essential Elements of Success. He is also the founder and CEO of Guppytraders.com, an international financial market education and training organisation with offices in Darwin, Singapore and Beijing. As China grows in importance to companies around the world, it is vital for companies to understand the Chinese business culture. This book is an essential read for anyone serious about successful business in modern China.Mr. Daryl Guppy outlines the crucial ingredients for success, culled from more than 20 years of experience in China business, official meetings and government advisory. Reviews "If you want to do business in China, this book is an absolute must. Nobody I know understands China and the Chinese people as well as Daryl Guppy. His knowledge and insights are built on his decades of business experience, his wide networks and friendships. I strongly recommend this book for anyone currently doing business, studying business or wanting to do business with China." John Brumby Former Premier of Victoria, Australia and National President of the Australia China Business Council 2014–2019 "Guppy's great skill is to eschew the usual cliches and urban myths about doing business in China. Instead, he emphasises the background work required to know your customer, know your market, know the diversity of China, even within a single city, know yourself, and know your offer, be it in products or services. Guppy's analysis will help many to get to success for years to come." Geoff Raby Former Australian Ambassador to China Independent ASX company director, Chairman, Geoff Raby and Associates "Daryl Guppy's book is a rich repository of behavioural observations, nuances and understandings which are fundamental to building the all-important relationships and trust that drive successful engagement with the Chinese. Anyone looking to engage successfully with the Chinese would benefit greatly from exploring the insights which shape the 'deep seated' perceptions of the Chinese people." Hon. Andrew Robb AO Former Minister for Trade and Investment and architect of the China Australia Free Trade Agreement For the further information , please download from https://worldscientific.com/worldscibooks/10.1142/12167
COVID-19 passport success relies on coordination: Daryl Guppy
x1
COVID-19 passport success relies on coordination: Daryl Guppy
15 Mar 2021
An International Certificate of Vaccination or Prophylax is shown in front of the Berlaymont, the EU Commission headquarter in Brussels, Belgium, March 13, 2021. /Getty Editor's note:Daryl Guppy is an international financial technical analysis expert. He has provided weekly Shanghai Index analysis for Chinese mainland media for more than a decade. Guppy appears regularly on CNBC Asia and is known as "The Chart Man." He is a national board member of the Australia China Business Council. The article reflects the author's views and not necessarily those of CGTN. Responses to COVID-19 in 2020 exposed significant cracks in the implementation of public health policy. Unfortunately that same dysfunction threatens the resumption of international travel and commerce because of lack of agreement about the form of a COVID-19 passport. In China, the public health response to COVID-19 was disciplined, coordinated and effective; in the United States, the response was disjointed with inconsistent standards applied by different states and by the political leadership; in the United Kingdom, the response was an abject failure of planning and implementation. Some countries – like Australia and New Zealand – effectively kept COVID-19 contained and managed by the simple expedient of closing their island borders. Celebration of the low infection rate in Australia disguised the failure to develop any nationally recognized track and trace system, with each State setting their own standards for quarantine, tracking and border closures. People have every reason to expect that the management of the post-COVID-19 recovery will draw on the lessons learned during the COVID-19 crisis. Unfortunately this does not appear to be the case as some countries are developing their own COVID-19 passport solutions without reference to others. Some other countries are simply not actively considering the issue at this time. At one level, developing a secure COVID-19 passport is simply a matter of applying the appropriate technology. It should be a straightforward solution using blockchain security features. The inability to develop COVID-19 track and trace systems in some countries suggests the problem of an acceptable COVID-19 passport may be more difficult to resolve. The passport must rest of unquestionable proof of vaccination. Currently, several groups are developing COVID-19 passports. China has just launched its digital version of a health certificate for international travelers. It uses an encrypted QR code based on blockchain security. Singapore has a government-led process. GovTech (Singapore) developed digital COVID-19 test credentials for travellers pre-departure validation. These are fully compliant with Singapore's SafeTravel program. Considerable work with blockchain based passports has been undertaken by the International Air Transport Association and the EU. They are well advanced in developing and adopting a standard. This initiative is led by business; so the challenge is to persuade governments to recognize the solutions. Elsewhere business organizations are taking the lead. The Australia China Business Council is urging the Australian government to support the development of a COVID-19 vaccine passport using blockchain technology to help open international travel. President David Olsson said "We see an opportunity for the Australian government to work with China and other nations in our region to develop the recommended standards for security, authentication, privacy and data exchange." Michelle Reeves and Marc Reeves and their family's passports to Australia seen on the counterspace, July 27, 2020. /Getty These varied approaches means questions remain around the compatibility and cross border acceptance of these COVID-19 passports. Mutual recognition of these different approaches is the first barrier to overcome before international travel can truly resume. However, immunization in itself poses a problem. People who have been vaccinated will show lingering historical evidence of a low level COVID-19 infection. These viral remnants may be picked up by the nucleic and serum IgM antibody tests regimes and deliver a COVID-19 positive result. This may prevent a green tick on the COVID-19 passport. The suggested solution is for proof of vaccination to be given absolute priority over any lingering COVID-19 positive result. At a deeper level, and more alarmingly, are the problems associated with the architectural foundations of a COVID-19 passport. It's an issue that is concerning many business organizations because it goes to the heart of the efficacy of a COVID-19 passport. This issue rests on the recognition of a range of vaccines that will provide the platform for a major boost for international tourism and for a resumption of international business and student travel. The COVID-19 passport is not genuinely useful unless it includes and recognizes "approved" vaccination sources which will enable quarantine free international travel. The architecture of the COVID-19 passport is the key issue because it rests on the mutual recognition of vaccines as suitable for permitting quarantine free travel. A COVID-19 passport requires much more than a green tick. Business groups have an important role to play in ensuring that the operational details of a COVID-19 passport, including mutual vaccine recognition, really make international business and tourist travel accessible and possible. Source: CGTN
Main Fairs and Exhibitions in Cuba 2021
x1
Main Fairs and Exhibitions in Cuba 2021
15 Mar 2021
【About the Chamber of Commerce of the Republic of Cuba】 The Chamber of Commerce of the Republic of Cuba was created on February 1, 1963. The Chamber was seen as an effective instrument to contribute to the search for new markets, support the great reorganization of foreign trade, and to enable business relationships with other countries. 【Fairs & Exhibitions】 Nowadays, fairs and exhibitions have become an essential component of Cuba’s commercial and business scene. Below are some of the fairs and exhibitions to be held in Cuba in 2021. February International Book Fair March International Agricultural Fair March INFORMATICA 2021 - 18th International IT Convention & Fair April International Hotel Trade Fair May International Tourism Fair May International Fair Renewable energy June Cubaindustria 2021 June EXPOMATANZAS June EXPOCARIBE September International Fair Transport & Logistic November Havana International Trade Fair, FIHAV December International Crafts Fair 【Trade & Investment】 Cuba, as an important gateway to South America, enjoys political stability and crucial strategic position. The country is rich in agriculture, fishery and tourism resources, bringing great potential for development. On the website of Procuba www.procuba.cu you can find the portfolio of investment opportunities and the Cuban exportable offer. 【Mariel Special Development Zone (MSDZ)】 MSDZ is situated 45km west of Havana and has an area of 465.4km². Since its establishment more than seven years ago, MSDZ has become an important platform for Cuba to attract foreign investment. Activities and sectors prioritized in the MSDZ: Biotechnology, development and production of drugs Containers and Packaging Industry Renewable energy Agriculture Food industry Industry Telecommunications and Informatics Tourism and Real Estate Investments in Infrastructure For more information, please visit www.zedmariel.com/en or download Business with Cuba.
Chairman's Message

Greetings from the Silk Road Chamber of International Commerce! On behalf of SRCIC, I would like to welcome you to our website!

Member DirectoryMore
cacciunion_of_arab_chambers俄罗斯联邦国旗阿富汗伊斯兰共和国国旗阿塞拜疆共和国国旗埃及爱沙尼亚共和国国旗澳大利亚巴布亚新几内亚独立国国旗巴基斯坦伊斯兰共和国国旗巴勒斯坦国国旗白俄罗斯共和国国旗波黑国旗波兰玻利维亚共和国国旗俄罗斯联邦国旗菲律宾哥伦比亚国旗格鲁吉亚共和国国旗韩国吉布提共和国国旗吉尔吉斯共和国国旗科索沃共和国国旗黎巴嫩共和国国旗立陶宛共和国国旗马其顿共和国国旗蒙古国国旗孟加拉人民共和国国旗摩尔多瓦共和国国旗墨西哥尼泊尔联邦民主共和国国旗塞尔维亚国旗塞浦路斯共和国国旗斯里兰卡民主社会主义共和国国旗斯洛伐克共和国国旗塔吉克斯坦共和国国旗图瓦卢国旗土耳其共和国国旗乌克兰国旗希腊共和国国旗亚美尼亚共和国国旗伊朗伊斯兰共和国国旗以色列国旗意大利