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China’s foreign trade sector strives for steady, high-quality growth
By Li Jie
China’s foreign trade, after experiencing a 7 percent year-on-year drop in January this year, went up 8 percent and 15.5 percent in the following two months, respectively. It manifests the country’s confidence in ensuring steady and high-quality foreign trade growth against a complicated background.
Recently, Chinese enterprises just wrapped up their exhibition at The World Smart Energy Week 2023 running from March 15 to 17 at the Tokyo International Exhibition Center features top-notch energy technologies and products in various categories. Many of them engaged in the new energy sector have signed major deals and met with new and old partners.
Japan is an important market for Chinese new energy products. Many Japanese companies have cooperated with their Chinese suppliers for over a decade.
“Chinese enterprises rushed to visit their Japanese clients at the earliest time possible immediately after China optimized its COVID-19 response last December,” said Meng Jing, general manager of the business department of Grand International Exhibition Co., Ltd., the company that led the Chinese enterprise delegation to Japan this time.
A high passion for joining overseas exhibitions has been observed among Chinese enterprises. The total exhibition area of Chinese enterprises at The World Smart Energy Week was expanded to 7,000 square meters from 2,000 square meters last year.
According to Meng, Chinese enterprises shone through at The World Smart Energy Week, thanks to their delicately decorated booths, well-prepared exhibits and sales strategy. Compared with that at the event held before COVID-19, the number of visitors this year rose 10 percent. Chinese new energy enterprises just received high attention.
Market expansion and order seeking have remained keywords for the Chinese foreign trade sector this year. Some regions have sent business delegations overseas for business negotiation and exhibitions, and some hosted brick-and-mortar economic forums, trying to gain an initiative as external demand weakens.
Expanding the foreign trade market is important for relevant enterprises. According to statistics, 457,000 foreign trade enterprises in China registered import and export performance in the first quarter, up 5.9 percent from a year ago.
In the first three months, China’s trade with ASEAN, its largest trading partner, stood at 1.56 trillion yuan ($226.15 billion), up 16.1 percent year-on-year, 11.3 percentage points higher than the country’s overall trade growth rate. It accounted for 15.8 percent of China’s total foreign trade in the same period.
China’s trade with the EU, the United States, Japan and the Republic of Korea reached 1.34 trillion yuan, 1.11 trillion yuan, 546.41 billion yuan and 528.46 billion yuan, respectively, during the three-month period, accounting for 35.6 percent of the country’s foreign trade.
From January to March, China’s imports and exports with economies participating in the Belt and Road Initiative surged 16.8 percent year-on-year to account for 34.6 percent of its foreign trade, while trade with other participating countries of the Regional Comprehensive Economic Partnership rose 7.3 percent from the first quarter of 2022. The country’s total imports and exports with emerging markets in Latin America and Africa grew 11.7 percent and 14.1 percent, respectively.
Bai Ming, a senior researcher with a Ministry of Commerce (MOFCOM) think tank, believes that developing countries and ASEAN make a huge market, and foreign enterprises should take the opportunities of the China-ASEAN free trade area and the RCEP to work for win-win results.
As the Philippines ratified the RCEP agreement, the trade pact has taken effect for all 15 member countries, which significantly widens market access for Chinese enterprises. Wang Shouwen, vice commerce minister and China international trade representative at the MOFCOM, noted that relevant departments are still negotiating over and signing new deals of free trade, to create a better external environment for China’s foreign trade.
As a barometer of China’s foreign trade, the China Import and Export Fair, also dubbed as the Canton Fair, is currently being hosted in Guangzhou, south China’s Guangdong province. The event has resumed physical exhibition and is joined by hundreds of thousands of exhibitors from more than 220 countries and regions.
“The Canton Fair is a hot destination for global products and merchants. It is where the flows of personnel, logistics, capital and information gather. It has forcefully promoted the development of trade, investment, consumption, tourism and catering,” said Chu Shijia, head of the China Foreign Trade Center, at a recent press conference.
A study showed that the Canton Fair contributed to the development of local economy by 1:13.6, which fully indicates the event’s important role in serving global trade, promoting Chinese-foreign connection and driving economic development.
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Kwara: Ifelodun Travellers Transport System Revived
- As Council Signs MoU With P&A Contract Ltd
Stephen Olufemi Oni, Ilorin
The Ifelodun local Government, under the leadership of Hadji Abdulrasheed Femi Yusuf, has signed a Memorandum of Understanding (MoU) with P & A Contract Limited for the construction of a modern motor park in Amoyo, as the Council moves to revive the Ifelodun Travellers transport system and improve transportation within the Local Government.
Speaking during the MoU signing ceremony at the Council s Contact Office in Amoyo, the Chairman explained that the decision to construct the motor park was driven by the need for Ifelodun Local Government to establish its own transport identity, intended to ease people’s transportation problem.
He recalled that residents travelling to and from Ifelodun had, over the years, relied on transport facilities at Offa Garage and Maraba in Ilorin, stressing the need to create a dedicated transport hub that would serve the people of the Local Government.
“At some point in the history of Ifelodun Local Government, we had Ifelodun Travellers, which does not exist anymore. I don’t think there is anything wrong with bringing that identity back to the limelight. Now, we want to add value to that identity,” the Chairman said.
He added that the Council was also working with relevant stakeholders to bring in 10 units of Korope buses, which would commence operations as soon as possible.
“We are working with the NURTW, Kwara State Chapter, for guidance and to ensure that the operation runs smoothly,” he added.
The Supervisory Councillor for Works and Infrastructure Development, Mrs. Kolo Rebecca, explained that the proposed park would feature several amenities, including a garage, warehouse, 100-unit shopping complex, parking spaces and general toilets.
She said the facilities were designed to boost economic activities, improve the image of the Local Government and provide a more convenient transportation system for residents.
According to her, the initiative is also in line with the efforts of the Kwara State Governor, Mallam AbdulRahman AbdulRazaq, to take governance and development directly to the grassroots.
The contractor, Mallam Jimoh Toheeb Abolore, assured the Local Government of the prompt execution of the project, promising that the construction would meet the required standards and contribute positively to the image and development of Ifelodun Local Government.
Those in attendance included the Vice Chairman, Hon. Nike Ajibola; Secretary to the Local Government, Dr. Kamil Akorede; DPM, Mallam Ayinde Salman; LGT, Mallam Usman Waheed; Chief of Staff to the Chairman, Chief Ademola Zubair; Head of Works, Engr. Awodi Muhammad; Land officer, Tola Kadir and other Special Assistants.
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Lawyer Demands Release of Detained Kano Blogger, Maryam Shehu
By Hassan Agboola
A lawyer and human rights activist, Hamza Nuhu Dantani, has called for the immediate release of Kano-based blogger, Maryam Shehu, who he said has been in the custody of the Economic and Financial Crimes Commission (EFCC) for almost 30 days.
Dantani, in a statement on Monday, said the prolonged detention of Shehu was becoming difficult to reconcile with the rule of law and provisions of the 1999 Constitution, particularly her fundamental right to personal liberty.
He questioned why Shehu should remain in detention for nearly 30 days, particularly over an offence he described as ordinarily bailable.
“How on earth can a person be detained for almost 30 days and counting, particularly in relation to an offence that is ordinarily bailable, without meaningful consideration of her liberty and constitutional rights?” he asked.
Dantani said the EFCC’s powers to investigate did not give the commission the right to detain a suspect indefinitely, punish her before trial or disregard her fundamental rights.
He also criticised the alleged practice of photographing persons in EFCC custody and publishing their images online while they remain presumed innocent.
Citing Section 36(5) of the Constitution, Dantani said the law guarantees the presumption of innocence until a suspect is proven guilty by a competent court.
He warned that publicly portraying suspects as criminals before trial could amount to subjecting them to public punishment and humiliation.
“The EFCC is a law-enforcement institution. It must therefore be the first institution to demonstrate obedience to law. It cannot demand respect for law from citizens while appearing to disregard constitutional safeguards itself,” he said.
Dantani urged the commission to either charge Shehu before a competent court if it has credible evidence against her or release her immediately
.
“We call on EFCC to respect the Constitution, respect presumption of innocence and respect fundamental right to personal liberty. Investigation is not conviction. Detention is not punishment. And an allegation is not guilt,” he said.
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Cristiano Ronaldo’s Comment on Lionel Messi’s Tribute to His Dad Becomes Most-Liked Instagram Comment
By Fabian Apechihin
Cristiano Ronaldo’s heartfelt message to Lionel Messi following the death of his father, Jorge Messi, has reportedly become the most-liked comment in Instagram history.
Jorge Messi died on August 7 in Rosario, Argentina, aged 68. Five days later, Messi paid tribute to his late father in an emotional Instagram post featuring a photo of the pair.
In the post, Messi wrote, “Te amo, pa” — meaning “I love you, Dad” — alongside a lengthy tribute reflecting on his father’s influence and the pain of losing him.
Among the many reactions from fans, celebrities and fellow footballers was a message from Ronaldo.
“Un abrazo enorme para ti y los tuyos en estos duros momentos, Leo. Mucha fuerza,” Ronaldo wrote, which translates to: “A huge hug to you and yours in these tough times, Leo. Much strength.”
Ronaldo’s comment reportedly attracted more than 6.86 million likes and over 86,000 comments, making it the most-liked comment on Instagram.
The previous record was also held by Ronaldo, whose comment on Kylian Mbappé’s announcement of his move to Real Madrid reportedly received more than five million likes.
Other football stars also expressed their condolences to Messi. Neymar Jr.’s message, translated as “Much strength for you and your family. Big hug,” reportedly received more than 1.6 million likes, while David Beckham’s comment expressing support for Messi and his family attracted more than 300,000 likes.
In his tribute, Messi described his father’s death as difficult to comprehend, saying he struggled to accept that he would no longer see or speak with him.
Messi also recalled how his father had encouraged him to play at the 2026 World Cup despite his deteriorating health. He said his father had hoped to watch him compete and had planned to travel if his condition improved.
According to Messi, he had promised his father that Argentina would reach the final so he could be there. Although Argentina reached the final, his father was unable to attend.
Reflecting on the loss, Messi said he had wanted to win the tournament and bring the trophy to his father but ultimately struggled physically during the competition.
The emotional tribute highlighted the close bond between Messi and his father and the profound impact of his loss on the football superstar.
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