Surging commodity prices to leave limited impact By ZHANG YUE | China Daily | Updated: 2021-04-17 08:10 Share CLOSE A worker is busy on the production line at the weaving workshop in an economy development zone in Lianyungang, Jiangsu province, on Oct 19, 2020. [Photo/Xinhua]
Though global bulk commodity price hikes may bring certain impact to some industries in China, raw material prices of the country s upstream industries do not have the logic for long term increase, the National Bureau of Statistics said on Friday when responding to a question on the recent increases in commodity price.
Liu Aihua, a spokeswoman for the NBS, said improved global liquidity, recovering market demand and supply shortages have led to higher bulk commodity prices. In China, raw material prices have been trending upward with the producer price index rising 4.4 percent on a yearly basis in March. The index has been climbing since the begi
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FDI inflows set to rise this year By Liu Zhihua | China Daily | Updated: 2021-04-15 07:19 Share CLOSE Employees work on the production line of a Spanish electronics company in Hai an, Jiangsu province. [Photo by Zhai Huiyong/for China Daily]
Upticks likely in producer services and advanced manufacturing
Foreign direct investment inflows into China are expected to expand at a relatively fast pace this year despite the complex domestic and international situation, according to industry experts and business leaders.
Sectors like producer services, a category of services based on service functions, high-tech and advanced manufacturing, will become more attractive for foreign investment this year, they said.
China: Emphasis put on attracting international investors
China will further open up its vast domestic market to global investors in the next five years as part of ongoing efforts to foster innovation-driven and high-quality development, officials and experts said.
“China will raise the level of opening-up in an all-around manner during the 14th Five-Year Plan (2021-25) period,” said Ning Jizhe, deputy head of the National Development and Reform Commission. “We will further advance liberalization and facilitation in trade and investment, continue to promote opening-up based on flows of goods and factors of production, and give greater emphasis to opening-up based on rules and related institutions.”
MIL-OSI China: FDI inflows set to rise this year | ForeignAffairs co nz foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.