Foreign investment, trade highlighted in Government Work Report

We will open up more sectors of the economy in a more thorough fashion and participate more fully in international economic cooperation.

More policy support for businesses' R&D

China will step up efforts to spur innovation as it builds the new development paradigm in the coming five years, bringing sustained growth momentum to its economy and great opportunities to foreign businesses.

Geely, Volvo to further deepen partnership

China's Geely Auto and Sweden's Volvo Cars are expected to further their collaboration in sectors from electric vehicles to autonomous driving.

Central, Eastern European countries witness booming trade with China

China's foreign trade with Central and Eastern European countries grow by 8.4% in 2020 exceeding $100 billion.

China's international cooperation, by the numbers

Ningbo's cultural industry continues to prosper

The added value of the cultural industry above designated size in Ningbo, East China's Zhejiang province, increased 7.8 percent year-on-year to 25.8 billion yuan ($3.99 billion) in the first three quarters of 2020.

Sea-rail transportation up 34% at Ningbo Zhoushan Port in Jan

A total of 95,000 twenty-foot equivalent units (TEUs) were shipped via a sea-rail combined transport model at the Ningbo Zhoushan Port in January, a yearly uptick of 34 percent.