Latest news with #commerce ministry
LBCI
7 days ago
- Business
- LBCI
China confirms Vice Premier to attend US trade talks in Stockholm
China confirmed on Wednesday that Vice Premier He Lifeng will attend trade talks with the United States next week in Sweden, following U.S. Treasury Secretary Janet Yellen's announcement of the Stockholm negotiations. "Vice Premier of the State Council He Lifeng will go to Sweden from July 27 to 30 to hold economic and trade talks with the United States," a commerce ministry spokesperson said in a statement, adding the countries will continue negotiating "in the spirit of mutual respect, peaceful coexistence and win-win cooperation." AFP
LBCI
21-07-2025
- Business
- LBCI
Beijing slams 'serious negative impact' of EU sanctions over Russia
Beijing's commerce ministry criticized new sanctions by the European Union on targets, including Chinese entities intended to restrict Russia's military, according to a statement on Monday, which referred to the measures as "mistaken." "The European Union's actions are contrary to the consensus reached by the leaders of China and the European Union and have had a serious negative impact on China-EU economic and trade relations and financial cooperation," a commerce ministry spokesperson said.
CNA
19-07-2025
- Business
- CNA
China vows tougher action against smuggling of strategic minerals
SHANGHAI: China vowed on Saturday (Jul 19) to step up a crackdown and toughen law enforcement against smuggling of strategic minerals seen as vital to national security and critical for development. The remarks by the commerce ministry came a day after the state security ministry accused foreign spy agencies of having tried to "steal" rare earths and pledged to crack down on infiltration and espionage targeting the critical sector. The world's largest supplier of dozens of strategic minerals, China began imposing export curbs in 2023 on supplies vital to sectors ranging from chipmaking and the energy transition to defence. The commerce ministry remarks, describing smuggling and export of strategic minerals as a severe problem to be combated, came at a meeting of officials responsible for export control coordination and other government bodies. "Cases of smuggling by a small number of criminals for their own selfish interests and collusion between domestic and foreign parties are still occurring," it said in a statement. Evasive methods such as false declarations and third-country transshipment were taking on increasingly covert forms, it added, urging government bodies to prevent illegal outflows of strategic minerals and related technologies. China has adopted a "zero-tolerance" approach to smuggling and export of strategic minerals, which it will fight with a heavy hand, through special efforts to toughen law enforcement, the ministry said.
Yahoo
18-07-2025
- Business
- Yahoo
China urges Canada to drop steel import curbs and threatens countermeasures
BEIJING (Reuters) -China's commerce ministry called on Canada to correct the "wrong practice" of restrictions on steel imports and said in a statement on Friday it would take necessary measures to safeguard the legitimate rights and interests of Chinese firms. Ottawa this week introduced a tariff rate quota for countries with which it has free trade agreements, excluding the U.S., and imposed additional tariffs on steel imports from all countries containing steel melted and poured in China before the end of July.
Reuters
18-07-2025
- Business
- Reuters
China urges Canada to drop steel import curbs and threatens countermeasures
BEIJING, July 18 (Reuters) - China's commerce ministry called on Canada to correct the "wrong practice" of restrictions on steel imports and said in a statement on Friday it would take necessary measures to safeguard the legitimate rights and interests of Chinese firms. Ottawa this week introduced a tariff rate quota for countries with which it has free trade agreements, excluding the U.S., and imposed additional tariffs on steel imports from all countries containing steel melted and poured in China before the end of July.
