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China: China continues to expand its global trade reach
China - February 20, 2025 China continues to expand its global trade reach (Voice_over) Local customs and government officials in China have been assisting foreign trade companies in their overseas expansions with favorable policies and incentives. Representatives from roughly 30 textile companies from eastern China's Changxing County attended an annual international interior-textile trade fair in Frankfurk, Germany earlier this year. Local trade authorities in Changxing have put measures in place to provide a smooth transition for companies looking to set up operations overseas. (Sound_bite) Xu Hu, Chief of foreign trade section, Changxing County Commerce Bureau: "We've established some platforms for foreign trade operation, and provide export credit insurance for enterprises to help them go overseas smoothly and safely." (Voice_over) Meanwhile, within the China-Kazakhstan Horgos International Border Cooperation Center in western China, vendors at the mini Yiwu Interntional Trade City, which is named after the original in eastern China, can now reach more customers thanks to newly opened livestreaming channels. (Sound_bite) Wang Peng, Deputy director, Horgos Municipal Bureau of Commerce "We've opened the first cross-border e-commerce live streaming line in Xinjiang, which has strengthened our connection with Central Asian, West Asian and European markets." (Voice_over) According to official statistics, as of last November, more than 6.6 million people had visited the China-Kazakhstan cooperation center, a year-on-year increase of 77 percent. [Restriction: No access Chinese mainland]
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