News
China speeds up fostering new drivers in foreign trade
By Du Haitao, People's Daily
The recently hosted central economic work conference stressed that it will be imperative to foster
new drivers of foreign trade, reinforce the stable performance in foreign trade and foreign
investment, and expand trade in intermediate goods, trade in services, digital trade and exports of
cross-border e-commerce.
In 2023, China's foreign trade sector has withstood external pressures and continued to
demonstrate its resilience.
Recently, the first batch of 50 new energy buses made by Chinese bus manufacturer Higer Bus
were shipped from the Taicang port in east China's Jiangsu province, heading to Brazil.
With the support from the local customs, hawthorns grown in Laiwu, east China's Shandong
province were exported to Thailand for the first time.
Last year, China faced a complex and challenging external environment, as well as multiple
difficulties at home. Precise policy implementation, proactive efforts from businesses, and active
market exploration have promoted stability and improved quality in China's imports and exports
of goods amid uncertainties.
Since October 2023, China's foreign trade has shown year-on-year growth for two consecutive
months. In November, the total imports and exports increased by 1.2 percent compared to the
same period in 2022, 0.3 percentage points higher than that in October. These figures fully
reflected the good momentum for steady and improving growth of China's foreign trade.
Foreign trade is one of the important driving forces of economic growth. Promoting the sector to
stabilize the scale and optimize the structure has a crucial supportive role in maintaining stable
growth and employment, building a new development pattern, and advancing high-quality
development.
Currently, the number of foreign trade enterprises in China with import and export records has
increased to 597,000, and the import and export value of enterprises that have stayed active since
2020 accounts for nearly 80 percent of of the whole.
In the first 11 months of 2023, the imports and exports of general trade, which features longer
industrial chains and relatively higher added value, accounted for 64.8 percent of China's total
foreign trade, growing 1 percentage point year-on-year. This further reinforced the high-quality
development of foreign trade.
In the first three quarters of 2023, the combined exports of new energy vehicles, lithium batteries,
and photovoltaic products rose 41.7 percent year-on-year, with their share in China's total exports
up by 1.3 percentage points from a year ago.
The world has entered a new period of turbulence and change. The momentum of world
economic growth is sluggish. Destabilizing, uncertain and unpredictable factors are increasing.
Faced with a complex external environment, various regions and departments in China have
enhanced the internal driving force with reform and opening up. They coordinated efforts to
promote deepened reform and high-level opening up, continuously liberated and developed social
productive forces, stimulated and enhanced social vitality, and accelerated the cultivation of new
drivers of foreign trade, thus promoting the sustained improvement of foreign trade.
From the perspective of development trend, China's foreign trade in 2023 continued to consolidate
the foundation of "stability" and kept the momentum of "progress," expanding the space for
economic and trade cooperation.
China's exports of goods have been moving up the value chain. The share of electromechanical
product exports in the total has expanded, and the exports of green, low-carbon and smart products
have grown rapidly.
While fostering new drivers of foreign trade growth, China has not only focused on leveraging the
new advantages of traditional products, but also continuously expanded new areas of growth such
as new energy vehicles, lithium batteries and photovoltaic products, so as to further utilize its
advantages in new arenas.
China has employed digital technologies to improve the efficiency in all links of foreign trade,
facilitate the foreign trade sector and unleash the vitality of foreign trade entities. At the same
time, it has actively expanded trade in intermediate goods and expedited the growth of service
trade.
With the continued strength of domestic policies to stabilize foreign trade and the steady progress
of foreign trade reform measures, China's foreign trade will maintain stable growth, with
continuous optimization of trade structure and strengthening of internal growth drivers.
Various regions and departments across China will prioritize efforts to accelerate the optimization
and upgrading of the foreign trade structure. They will focus on cultivating new drivers of foreign
trade growth that are technologically advanced, high value-added, green and low-carbon, to
further promote high-quality development of the country's foreign trade sector.
News
‘Ombugadu Is a Brand, Not a Title’ — PDP Chieftain
By Emmanuel Kuza
A chieftain of the Peoples Democratic Party (PDP) in Nasarawa State, Abuga Ovie, has described the name Ombugadu as a political brand, saying the popularity and wide acceptance of the name have made David Emmanuel Ombugadu a major force in the state’s political landscape.
Ovie, who stated this in an interview on Tuesday, said what started as opposition from some of Ombugadu’s biological brothers and people he described as fathers and uncles who betrayed him for personal political interests had now assumed a wider dimension, with political parties allegedly joining the battle against him.
According to him, the latest development was an attempt to undermine the political value of the Ombugadu name by presenting another person with the same surname, describing it as an indication of how far some political actors were prepared to go to weaken the PDP governorship candidate.
“Ombugadu is a brand, not a title. The people are not fools. They know their own. You cannot simply bring another person bearing the same name and expect the people to forget the political identity that Ombugadu has built over the years,” he said.
He further alleged that a former governor was working to introduce a political associate who had served as Accountant-General of Nasarawa State into the political equation, with the alleged objective of destabilising the PDP and weakening its chances by ensuring that the party fields a less competitive candidate in 2027.
“The plan, as we understand it, is to destabilise the PDP and make sure the party presents a weak candidate, thereby creating an advantage for the former governor’s preferred candidate. But all those efforts have proved abortive because the national leadership of the PDP stood its ground and refused to lose its best bet for the 2027 governorship election,” Ovie said.
The PDP chieftain said the resolve of the national leadership to retain Ombugadu had demonstrated the confidence the party had in his capacity to win the governorship election, despite what he described as attempts by some political actors to frustrate his ambition.
Ovie urged political parties and their leaders to resolve their internal differences instead of concentrating their efforts on Ombugadu, whom he compared to David in the Bible, saying he remained focused despite betrayal and opposition from those close to him.
“Ombugadu is like David in the Bible. Even when his brothers forsook him, he remained focused. Today, despite the people who have betrayed him, he remains focused and has a blueprint that can rescue Nasarawa State,” he said.
He said political parties should concentrate on presenting their programmes and convincing voters about how they intend to address the challenges confronting the state rather than expending their energy on attempts to stop Ombugadu.
“Political parties should fix their problems instead of wasting their strength fighting Ombugadu. Let everybody bring their blueprint before the people and explain what they intend to do for Nasarawa State,” he said.
Ovie maintained that the 2027 election should be about ideas, competence and the future of Nasarawa State, rather than attempts to manipulate political structures or undermine individuals perceived to enjoy strong grassroots support.
He urged the people of the state, particularly the Eggon community, to remain politically vigilant and resist what he described as efforts to make them settle for less, insisting that voters would ultimately determine who enjoys their confidence at the polls.
Reduce repeated references to Ombugadu
News
200 widows benefit from empowerment outreach in Plateau
By Israel Adamu, Jos
Two hundred widows from communities across Langtang North Central State Constituency of Plateau State have benefited from an empowerment outreach organised by Gimbiya Gani Nandir Lar under the Jagoran Talakawa movement.
The outreach, held at Pilgani in Langtang North Local Government Area, was aimed at supporting vulnerable women and drawing attention to the challenges faced by widows, particularly those struggling to provide food, pay school fees and meet other basic needs for their families.
The organiser, Nandir Lar, who is the All Progressives Congress, APC, candidate for Langtang North Central State Constituency, said the gesture was motivated by compassion and concern for vulnerable members of the society.
She stressed that the outreach was not a political programme but an expression of love and support for humanity.
Nandir Lar said: “The plight of widows may not always make headlines, but their struggles are real, painful and deserving of our collective attention.
“This is simply an expression of compassion and love for humanity. It is not a political programme.
“Our constituency is home to people with diverse needs, including mothers, widows and young people who are seeking opportunities to improve their lives.”
Former Provost of the Federal College of Education, Pankshin, Amos Chirfat, commended the initiative, saying it had brought smiles to the faces of vulnerable women in the constituency.
Minority Leader of the Langtang North Legislative Council, Dirya Sheni, also commended Nandir Lar for supporting widows and other vulnerable members of the community.
At the end of the outreach, each of the 200 beneficiaries received a 10-kilogramme bag of corn flour, seasoning and N10,000 cash
News
SCUML, REDAN Strengthen Collaboration on Anti -Money Laundering Compliance
By Francis Wilfred
The Special Control Unit against Money Laundering (SCUML), and the Real Estate Developers Association of Nigeria (REDAN) have expressed commitment to ensure a full compliance with the Anti Money Laundering/Counter Finance on Terrorism/Counter Proliferation Financing, (AML/CFT/CPF) laws within the Nigeria’s real estate sector.
They made the resolve during a stakeholders’ engagement held on Thursday, September 10, 2026
The engagement focused on Mutual Evaluation readiness, risk-based supervision, beneficial ownership transparency, customer due diligence, internal controls and stronger collaboration between SCUML and the real estate sector.
Assistant Commander of the EFCC, ACE 1 Ibinabo Amachree, speaking on behalf of SCUML highlighted the strategic role of real estate operators in protecting the integrity of Nigeria’s financial system, particularly given the sector’s vulnerability to money laundering and other financial crime risks.
Amachree encouraged REDAN members to move beyond registration to ensure that compliance is embedded in their day-to-day operations. He mentioned the areas to include: understanding institutional risks, knowing customers and beneficial owners, identifying politically exposed persons, conducting appropriate sanctions screening, maintaining effective internal controls and meeting applicable reporting obligations
He, therefore, reaffirmed readiness to working closely with REDAN and other stakeholders to improve compliance, build capacity and promote a stronger culture of accountability across the real estate sector
“The message is clear: effective compliance is not just about meeting regulatory requirements; it is about protecting businesses, strengthening the real estate sector and safeguarding the integrity of Nigeria’s financial system”, she said.
In his remarks, the Chairman of REDAN, Lagos state, Mr Tony Kolawole pledged readiness to partner with SCUML in ensuring compliance with AML/CFT/CPF in the real estate sector to uphold financial integrity.
The engagement also provided an opportunity for REDAN members to share practical regulatory and operational challenges affecting the sector, reinforcing the importance of continuous dialogue between regulators and industry stakeholders.
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