The processing trade is one of the sectors most affected by rising labor costs in China. In the eyes of some Westerners, China's labor-intensive processing trade has lost its competitiveness, but the ...

China's recent initiative to bolster processing trade activity will offer export-oriented companies more options to sustain growth in 2024, thus aiding in the transformation from a labor-intensive ...

The processing trade, which has become hugely popular in China, involves domestic firms obtaining raw materials or intermediate inputs from abroad, processing them locally, and exporting the ...

This aerial photo shows a cargo ship at a smart container terminal of Tianjin Port in north China's Tianjin, July 7, 2023. [Photo/Xinhua] Chinese authorities have rolled out a guideline to improve the ...

Global head of trade strategic initiatives, treasury and trade solutions, Citi Technological innovation and digitization have transformed many aspects of our personal and business lives. In the ...

For a while now, China's foreign trade has been shifting from processing trade to general trade. Processing trade involves Chinese importers of raw materials who process them in China and then export ...

Ships get ready for their voyages in the foreign trade container terminal of Qingdao port in Shandong province. [Photo by Yu Fangping / For China Daily] China will create fresh momentum for exports in ...

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, outlined a vision for institutional trade processing that ...