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Regional Comprehensive Economic Partnership
(RCEP)

7 Feb 2022 - Shanghai Customs handled 273 declarations of imports under RCEP in January 2022, saving companies import duties of RMB4.89 million on RMB280 million of imports. 

RCEP Agreement officially takes effect on 1 January 2022, aligning regional trades of China, Japan, New Zealand, Australia with six ASEAN countries of Vietnam, Thailand, Cambodia, Singapore, Laos and Brunei.

Industry Snapshot

Spotlight

The Colour around China

The completion of Zhengzhou South Railway Station, Zhengzhou, Henan province witnesses China's first use of architectural concrete and green materials in railway stations. Courtesy of China Railway Construction Group 14 March 2022

Zhengzhou South Railway Station, Zhengzhou, Henan Province - Photo courtesy of China Railway Construction Group 14 March 2022

What to watch

1 Apr 2022 - National Development and Reform Commission (NDRC) held the first joint meeting to organize the construction and development of 102 substantial engineering projects for the 14th Five-year Plan period (2021-2025). ​

16 Mar 2022 – State-Asset Supervision and Administration Commission (SASAC) has just formed two bureaus to promote tech innovation and social responsibility at central government-owned and state-owned companies. ​

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Celebrating the 110th Anniversary of Nantong University
-
A NEW ERA FEEL THE FEELINGS OF PROSPERITY
​sponsored by:
Committee of Arts Education of
The Chinese Society of Education
 Jiangsu Province Artists Association
Nantong University​

​Exhibition time: 2022-04-30 to 2022-05-11

Winter Morning - by Xiang Yuan in 2014 Dimension: 20x30cm on wood craft

A matter of fact -
​China's 21 pilot free trade zones (FTZs):
- Shanghai (approved in 2013)
- Tianjin (2014)
- Guangdong province (2014)
- Fujian province (2014)
- Liaoning province (cities of Dalian,    Shenyang, Yingkou)
- Henan province (Zhengzhou, Kaifeng, Luoyang)
- Zhejiang province (Zhoushan)
- Hubei province (Wuhan, Xiangyang, Yichang)
- Chongqing (Liangjiang, Xiyung, Guoyuan)
- Sichuan province (Chengdu)
- Shaanxi province (Xi'an)
- Shandong province (2019)
- Jiangsu province (2019)
- Guangxi Autonomous Region (2019)
- Hebei province (2019)
- Yunnan province (2019)
- Heilongjiang province (2019)
​- Hainan province (2020)
- Beijing (2020)
- Hunan province (2020)
- Anhui province (2020)

CHINA FREE TRADE AGREEMENTS

Up-dating China economics
Time: Jan-Feb 2022

Consumer Price Index (CPI): 0.9%
- Urban: 1.1%
- Rural: 0.5%
- Food: -3.8%
- Non-food: 2.1%
- Ex-food and energy: 1.2%
​
CPI by category:
- Meat: - 25.8%
- Aquamarine: 6.8%
- Egg: 2.3%
- Fruit: 8.2%
- Clothing: 0.5%
​- Transportation fuel: 21.8%
- Traveling: 6.5% 

Source: National Bureau of Statistics of China