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What will be brought by China’s cancellation of registration mechanism for foreign trade business operators?

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By Kong Dechen
Since this year, Jiang Meixia, an official with the foreign trade management office of the Chongqing Municipal Commission of Commerce, has been receiving fewer and fewer calls at work.
“In the past, I got many calls asking about the registration requirements for businesses engaged in foreign trade activities every day, but now the requirements have been canceled,” Jiang told People’s Daily.
The registration mechanism for operators of foreign trade businesses had been in place since 2004. According to the mechanism, enterprises entering or preparing to enter the foreign trade sector must have their information registered before they officially started foreign trade businesses.
To optimize the business environment, the country officially canceled the mechanism on Dec. 30 last year. Companies and individuals no longer need to undergo registration and filing with local commerce authorities and will automatically obtain the right to import and export products to and from China.
This marks a major reform to foreign trade management and is an important step in promoting trade liberalization and facilitation.
The cancellation of the registration mechanism will bring tangible benefits to enterprises.
Sun Yuanxin, chief expert of the Collaborative Innovation Center of China Pilot Free Trade Zone, Shanghai University of Finance and Economics, told People’s Daily that in the past, applicants had to visit multiple departments and the registration usually took four to five days.
“The cancellation of the mechanism means that enterprises can directly enjoy foreign trading rights,” Sun said, adding that this not only saves enterprises’ time and costs and improves efficiency, but also encourages more private enterprises to go overseas and expand both domestic and international markets.
According to statistics released by the State Administration for Market Regulation, the number of market entities in China had grown to 169 million as of the end of 2022, up from 110 million in 2018. Both the numbers of enterprises and individual businesses crossed the 50 million and 100 million marks. Private enterprises are now major players in China’s foreign trade sector.
“Canceling the registration mechanism aims to better serve enterprises. This means a lot for small- and medium-sized enterprises that are fresh in the foreign trade sector or planning to do foreign trade businesses in the future. It makes the market more transparent and has further lifted the level of informatization,” said Zhang Jianping, deputy director of the academic board of the Chinese Academy of International Trade and Economic Cooperation.
Many experts said that it’s a common practice around the world to cancel registration requirements for businesses engaged in foreign trade activities, and the cancellation conforms to China’s active strategy of opening up and meets the country’s demand to grow from a major trading nation to a leading one.
This year, China will take more concrete measures to better serve foreign trade enterprises.
Li Xingqian, director general of the Department of Foreign Trade of the MOFCOM, told People’s Daily that China would roll out new trade policies this year to help enterprises lower cost, expand benefit and tackle challenges as well as improve the comprehensive competitiveness of Chinese foreign trade.
According to him, the country will build closer relations between suppliers and purchasers to stabilize exports. A number of export exhibitions, including the Canton Fair, will resume offline exhibitions. Besides, China will fully support foreign trade enterprises to join overseas exhibitions so as to gain more opportunities.
China will also build closer ties with its trading partners, give play to its advantages as a super-large market, and expand quality imports from other countries, so as to stabilize the global supply chain.
The country will promote the sustainable, rapid, and healthy development of new business forms such as cross-border e-commerce and overseas warehouses. In addition, China will reinforce the industrial foundation for foreign trade, continue optimizing the structure of the foreign trade sector, and encourage processing trade to shift to the central, western, and northeast regions while strengthening general trade.
According to statistics, China’s foreign trade in goods for the first time crossed the 40-trillion-yuan mark and reached 42.07 trillion yuan last year, up 7.7 percent from 2021.
“China’s foreign trade enjoys a sound structure and has expanded its circle of friends,” Zhang said.
The cancellation of the mechanism is an inevitable result of China’s institutional opening up, he noted, adding that the country will keep working to stabilize foreign trade and investment, enhance foreign trade facilitation, and build a better institutional environment for the development of foreign trade.

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2027: VP Shettima Urges Politicians To Play Politics without Bitterness

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  • As Gov AbdulRazaq Is Turbaned As Sadauna Of Ilorin Emirate

Stephen Olufemi Oni, Ilorin

Vice President Kashim Shettima has stressed the need for politicians to embrace one another, play politics without bitterness and according to the rules in order to ensure an astronomical growth and development for the country.

Shettima made the appeal on Wednesday in Ilorin, the Kwara State capital, at the turbaning of Governor AbdulRahman AbdulRazaq as the Sardauna of Ilorin Emirate by the Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari, while admonishing
Nigerians to serve with humility, do good to one another and have forgiving spirit, as they, according to him, would spend more time after office.

He added: “Power is given by God to the people He so wishes and not because we are better than others. I, therefore, call on all politicians to unite themselves as one family despite their political differences.

“Take a cue from President Bola Ahmed Tinubu that I serve as his assistant. He is a good and decent man who has the love and interest of Nigerians at heart.”

Shettima explained that when they assumed office in 2023, the economy of the country was at the brink of collapse, but President Tinubu refused to pass blame; with courage he accepted both the assets and liabilities and moved on.

He further disclosed that during the 2023 electioneering campaign, only six out of the 19 northern governors supported Tinubu’s presidential aspiration, based on the erroneous belief that Baba (Buhari) didn’t like him, adding: “But today the President has embraced everybody as his own and things are going on well”.

He added: “President Bola Ahmed Tinubu is a good man by all standard; he believes in the people that work with him.”

Shettima also thanked the Emir of Ilorin for the honour done to Governor AbdulRazaq, which , he noted, was based on his contributions to the development of the Ilorin Emirate and the State at large, adding that “the father of the Governor had planted a solid footprint in the Ilorin Emirate and by extension Nigeria as a whole”.

Shettima, who expressed optimism that this new chapter would create a stronger bond between the Emirate and the family of Governor AbdulRazaq, urged the people to continue to pray for the progress and development of the Emirate and the State as a whole.

He commended Governor AbdulRazaq for his efforts in the massive improvement on infrastructure to assist the people of the State, as well as for his
contributions to the actualisation of policies and programmes of government at the federal level towards providing succour to average Nigerians.

In his remarks, the Matawaliof Ilorin Emirate, Dr.Alimi AbdulRazaq, said the title of Sardauna bestowed on the Governor was well deserved, thanking the Emir of Ilorin for finding the Governor worthy of the noble recognition by the Emirate.

Dr,Alimi urged the Governor to see the tittle as a clarion call to provide more dividends of democracy to the nooks and crannies of the State.

The turbaning ceremony witnessed large turnout of dignitaries, including the Governor of Niger state, Umar Bago, Governor of Kaduna state, Senator Uba Sani, Governor of Imo State ,Hope Uzodinma, and Governors of Kebbi ,Katsina States.

Others are the Emir of Zazzau Emirate, Ambassador Ahmed Nuhu Bamali, the Deputy Governors of Sokoto, Anambra, Nasarawa, Delta, Ondo, and Oyo States.

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Gov AbdulRazaq Lauded Over Conferment Of Sadauna Of Ilorin Title

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Stephen Olufemi Oni, Ilorin

Kwara State Governor AbdulRahman AbdulRazaq has been hailed for the conferment of the prestigious Sadauna of Ilorin Emirate title on him by His Royal Highness, the Emir of Ilorin, Alhaji (Dr.) Ibrahim Sulu-Gambari, CFR.

Giving the commendation on Tuesday in a statement in Ilorin, the state capital, Alhaji Yakubu Garba Gobir, who is the Sarkin Gobir and Madawaki of the Ilorin Emirate, described the recognition and honour on Governor AbdulRazaq as well deserved, timely and apt, giving his huge contributions to the growth and development of Ilorin Emirate and Kwara State as a whole.

Gobir specifically commended the Emir of Ilorin for conferring this distinguished title in recognition of the qualities and contributions of the new Sardauna, noting that it is a solemn call for greater responsibility, leadership, loyalty and devoted service to the Emirate and its people.

He added: “The title of Sardauna occupies a position of profound significance in the history, heritage and traditions of the Ilorin Emirate. I commend His Royal Highness, Alhaji (Dr.) Ibrahim Sulu-Gambari, CFR, the Emir of Ilorin, for conferring this distinguished title in recognition of the qualities and contributions of the new Sardauna.

“The title embodies courage, leadership, loyalty and devoted service to the Emirate and its people. Your elevation is therefore not merely a mark of honour; it is also a solemn call to greater responsibility and continued service.

“As a fellow title-holder in the Ilorin Emirate, I am particularly delighted to welcome you into this distinguished circle of traditional leadership. I am confident that you will bring to the office the same qualities of leadership, dignity and unwavering commitment to public service that have distinguished your tenure and career.

“At a time when our Emirate and our State require men and women of character, wisdom and courage to advance the interests of our people, I am certain that you will make a meaningful contribution to the enduring unity, progress and development of the Ilorin Emirate.”

Gobir offered prayers for a successful, impactful and enduring tenure for the new Sadauna, adding:
“May Almighty Allah grant you wisdom, sound health and strength, and may He make your tenure as Sardauna of Ilorin a source of lasting honour to you, your family and the entire Ilorin Emirate.”

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FG Commissions KWASU ICT Centre To Enhance Graduates Employability

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Stephen Olufemi Oni, Ilorin.

The wife of President Bola Ahmed Tinubu, Senator Oluremi Tinubu, has commissioned a TETFund/Renewed Hope Initiative-backed ICT Experience Centre at the Kwara State University (KWASU), Malete.

It would be recalled that KWASU is one of the six tertiary institutions selected for the pilot phase of this intervention, with one institution representing each of the Nigerian six geopolitical zones.

Represented at the commissioning on Tuesday by the wife of the Vice-President, Nana Shettima, Tinubu said the project is a testament to the federal government’s commitment to advancing education, digital inclusion and enhancing graduate employability.

“The TETFund/Renewed Hope Initiative ICT Experience Centre we are commissioning today represents opportunity, innovation, knowledge, and the future of young people in Kwara State and beyond.

She said: “This initiative aligns with the Renewed Hope Agenda of the administration of His Excellency, President Bola Ahmed Tinubu, GCFR, which places emphasis on youth empowerment, education, innovation, and economic transformation. Mr President is committed to creating opportunities that will equip Nigerian youths with knowledge and skills required to thrive in a modern and competitive world.”

Senator Tinubu said the facility was designed as a modern technology centre equipped with ICT laboratory, interactive digital display, conference facility, and exhibition spaces, adding that it would be an environment for learning, creativity, research, and technology advancement.

According to her, the ICT centres had been commissioned at the Ekiti State University on May 28, University of Cross Rivers State on September 4, Anambra State Polytechnic on September 10, adding that the Centres at Kaduna State University and Taraba State Universities would be commissioned soon.

“The next phase of this intervention will cover 15 institutions in Adamawa, Bayelsa, Borno, Delta, Edo, Enugu, Imo, Katsina, Nasarawa, Niger, Ondo, Osun, Rivers, Yobe, and Zamfara states which construction is currently ongoing. This expansion demonstrates the administration’s commitment to ensuring that more Nigerian youths, irrespective of their locations, have access to digital learning opportunities,” she said.

She encouraged the students to take ownership of the facility, maximise the opportunity it provides, and use technology positively to enhance their lives, community, and the nation.

In his speech, the Executive Secretary of Tetfund, Architect Sonny Echono, said the centres are being established across selected Universities, Polytechnics and Colleges of Education, with the Kwara State University, Malete proudly hosting the facility in the North-Central Zone.

“Through practical training and digital skills acquisition, TETFund seeks to enhance graduate employability, foster innovation and position Nigeria to participate more effectively in the global
technology-driven economy,” he added.

Echono also said that the ICT Experience Centre is designed to equip students and lecturers with critical digital skills in Artificial Intelligence, Cybersecurity, Robotics and Software Development.

He added: “The Centre being commissioned today is one of the foremost ICT Experience Centres being delivered across the country, and the third to be commissioned this year. The Centre is equipped with modern digital devices, Computer systems and relevant software to facilitate training, practical learning and skills development. The facility is appropriately furnished and
fully air-conditioned, with supporting power and municipal infrastructure.”

Also speaking, the Vice Chancellor of the University, Professor Shaykh- Luqman Jimoh, said the new facility represents vision, belief, and an investment in the Nigerian youth to better shape the future of our
nation.

The Vice Chancellor described the ICT Experience Centre as an investment in human capital, in innovation, in entrepreneurship, and, most importantly, it is an investment in the future of Nigeria.

“This Centre will provide opportunities for our students to develop practical digital skills and engage with contemporary technologies. Importantly, it is our hub for interdisciplinary engagement.

“This ICT Experience Centre is therefore a timely, critical, and strategic infrastructure that will definitely enhance research, teaching, learning, entrepreneurship, and community service. This intervention is at the core of what this university seeks from partners and donors: synergies that add value and impact on today and the future,” he started.

KWASU Vice Chancellor also assured that the ICT Experience Centre would be put to maximum use for the benefit of students, researchers, and the University
community, adding that the “KWASU community would engage with the facilities in this Centre, we will use it. We will explore, experiment, learn, and innovate in i

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