The main share of imports is semi-finished products – 78.5% of the total volume of deliveries

Foreign direct investment in China's high-tech manufacturing sector jumped 10.1 percent year-on-year to 28.27 billion yuan ($3.92 billion) in the first two months, said the Ministry of Commerce.

The Chinese economy has shown strong resilience. China's urbanization, pursuit of low-carbon and green development, and rapid digitization have provided robust intrinsic momentum for its economic development.

However, most of the oil and chemical tankers, dual fuel-powered container ships and ore carriers built in the shipyards will not be delivered to domestic shipping and energy companies.

Chen Zhiqing, the mayor of Shaoguan, said the city is also cultivating emerging industries and leveraging scientific and technological innovation.

German cold rolled steel producer Wälzholz has announced that it has signed a memorandum of understanding with Tata Steel Nederland, a subsidiary of Indian steelmaker Tata Steel

At the“Economic Evaluation Meeting" held by the Turkey-based Aegean Ferrous and Non-Ferrous Metals Exporters Association, it was stated that the value of Turkey's steel exports in 2023 declined to $14 billion compared to $21.62 billion recorded in 2022

China's trade with Latin America and Africa has achieved a rapid growth of 13.9 percent, especially the export growth rate of more than 20 percent year-on-year.