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Malaysian durians still popular with Chinese consumers
Luckily for Malaysian durian growers, better trade, business and logistics networks develop across the region and beyond to cater to pent-up, post-pandemic demand. Chinese authorities rolled out measures in May 2019 to expand the import of Malaysian durians, aimed at boosting the 300,000 metric tons of durians China takes in every year, mostly from Thailand.
The move fueled the import of whole durian fruits from Malaysia, which already saw its total durian production rise to 341,000 tons in 2018 from 211,000 tons in 2017. The improved links to the Chinese market were set to contribute nearly 500 million ringgit ($121 million) to Malaysia s total export value annually, according to Malaysian authorities in 2019.
Photo taken on Nov. 11, 2020 shows a view of the China (Shanghai) Pilot Free Trade Zone at Pudong New Area in Shanghai, east China. (Xinhua/Fang Zhe)
Shanghai s Pudong New Area is striving to make its per capita GDP reach more than 40,000 U.S. dollars by 2025, local authorities said on Wednesday.
The area celebrated its 30th anniversary of development and opening-up in 2020, which also epitomizes China s continuous efforts to deepen reforms and open its doors to the world.
Since designated a new area in 1990, Pudong has undergone a remarkable transformation, becoming a popular destination for investors, innovators, and policy pilots. Its regional GDP had surged more than 210 times from 6 billion yuan (about 906 million U.S. dollars) in 1990 to 1.27 trillion yuan in 2019.
2021-04-16 09:40:51 GMT2021-04-16 17:40:51(Beijing Time) Xinhua English
SHANGHAI, April 16 (Xinhua) Shanghai, the city that witnessed ping-pong diplomacy between China and the United States in 1971, has played an important role and immensely benefited from the China-U.S. economic and trade exchanges, according to entrepreneurs and experts in the city.
During a series of commemorative events on the 50th anniversary of ping-pong diplomacy, some impressive investment and trade figures involving the two countries were released.
Despite the COVID-19 pandemic, U.S. investment into Shanghai saw double-digit growth last year, bringing the aggregate contractual investment of the United States into the city to more than 28 billion U.S. dollars by the end of 2020, according to the Shanghai municipal commission of commerce. Meanwhile, enterprises in Shanghai have invested more than 22.4 billion U.S. dollars in the United States.
Shanghai to unveil global trade promotion plan By SHI JING in Shanghai | China Daily | Updated: 2021-04-09 07:33 Share CLOSE Yangshan Port in Shanghai, which will strengthen its capabilities to distribute products relating to intelligent manufacturing, integrated circuits and biomedicine. [Photo by Yao Feng/For China Daily]
Shanghai will launch a detailed plan to promote international trade in the city during the 14th Five-Year Plan period (2021-25), improve overall core competitiveness and advance a new round of opening-up, municipal government officials said on Thursday.
The plan envisages giving Shanghai the required competitive edge to be a hub for international trade. It also aims to make the city a major import and export distribution center connecting the Yangtze River Delta region and serving the entire country.