[ASEAN China will seek to upgrade China-ASEAN Free Trade Agreement] At the celebration of the 70th anniversary of the establishment of the China Council for the Promotion of International Trade and the Global Trade and Investment Promotion Summit held on May 18, 2022, ASEAN Secretary-General Lim Yuhui said that the economic relationship between ASEAN and China has never been stronger and closer than it is today. Seek to upgrade the ASEAN-China Free Trade Agreement to address new global challenges. Lin Yuhui said: "For decades, CCPIT has successfully promoted China's foreign trade and investment cooperation by strengthening public-private dialogue and business relationships. The economic relationship between ASEAN and China has never been stronger and closer than it is today." Editor/Xing Wentao

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• 2026.02.28 17:21
• [The situation in the Middle East is rapidly escalating]
• On February 28, 2026, the security risks in the Middle East continued to rise, with the United States, the United Kingdom, France, and others withdrawing non essential personnel from Iran and Israel, and multiple countries issuing travel bans. The Chinese Ministry of Foreign Affairs reminds citizens not to travel to Iran temporarily and to evacuate personnel in Iran as soon as possible. Regional tensions have pushed up international energy prices, and global market risk aversion has intensified.Editor/Bian Wenjun

• 2026.02.28 17:19
• [Risk preparation for forward foreign exchange sales starting from March 2nd]
• The People's Bank of China announced that from March 2, 2026, the foreign exchange risk reserve ratio for forward foreign exchange sales business will be reduced from 20% to 0. This move will significantly reduce the cost of currency hedging for foreign trade enterprises, support the stable development of the real economy, promote the smooth operation of the foreign exchange market, and release the policy intention of stabilizing foreign trade and expectations.Editor/Bian Wenjun