China has ordered companies and joint ventures from the Democratic People's Republic of Korea to shut down within 120 days as it applies UN sanctions imposed following Pyongyang's sixth nuclear test, the Ministry of Commerce and the State Administration for Industry and Commerce said on Thursday.Overseas Chinese joint ventures launched with DPRK firms or individuals should also be closed according to the sanctions from the United Nations, which did not give a deadline in a joint statement on its website.The UN Security Council unanimously adopted a resolution on Sept 12 imposing new sa...
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US Secretary of State Rex Tillerson will be in Beijing on Saturday in a visit that will pave the way for US President Donald Trump's trip to China before the end of the year.The top US diplomat will meet State Councilor Yang Jiechi and Foreign Minister Wang Yi to exchange views on bilateral ties, the planned Trump visit and major international and regional issues, Foreign Ministry spokesman Lu Kang said on Wednesday.Tillerson's second visit to China, following his trip in March, is part of the recent frequent exchanges between the two countries. US Commerce Secretary Wilbur Ross was in...
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Xiamen, a coastal city in Fujian province, has taken advantage of its geographical position to benefit from the Belt and Road Initiative. The city now has three regular railway services linking it to Europe and Central Asian countries. The longest railway service is to Hamburg in Germany, with the others heading to Moscow and Almaty, the largest city in Kazakhstan. The Hamburg line passes through Central Asia on its 16-day journey, which stretches a total length of 11,866 kilometers. Rows of containers can be seen at the terminals of these railway services in Xiamen. Since the services launche...
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China and India should maintain peace and tranquility along their border region, President Xi Jinping told Indian Prime Minister Narendra Modi on Tuesday, and he called for mutual respect between the world's two largest developing countries. Each should adhere to the basic thought that both countries present development opportunities rather than threats for the other, Xi said at the meeting on the sidelines of the BRICS Summit in Xiamen, Fujian province. China hopes India will maintain a proper and reasonable attitude toward China's development, Xi said, adding that the two should seek...
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There's a new rail route to ship goods from Zhengzhou to Europe, building upon an earlier route－and encouragement from President Xi Jinping during a visit in 2014 to turn Henan province into a transportation and logistics hub that can serve the Belt and Road Initiative.The Zhengzhou-Europe Block Train, which has had service to Hamburg, Germany, since 2013, now can transport goods to and from Munich, Germany. The Hamburg line generally serves Eastern Europe and Russia while the new line to Munich which launched service last month, serves Western Europe, officials said.On May 10, 2014, Xi tr...
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