The Ministry of Commerce (MOC) said China and Pakistan free trade zone service trade agreement will take effect this month. It indicated a free trade zone between China and Pakistan would be set up involving goods trade, investment, according to the MOC. service trade and The agreement was signed in February this year. According to the agreement, based on the commitments to the World Trade Organization (WTO), Pakistan will open 102 sub-departments in 11 service departments and China will open 28 sub-departments in six service departments. China – Shang Hai Sustainable Economic Gain With Restructuring Shanghai is prioritizing its economic structure to achieve ...

Ministry of Commerce (MOC) spokesman Yao Jian said China strongly opposes US decision to impose special protectionist tariffs on tire imports from China. Yao said China has held negotiations with the US over the case but the US still sticks to this decision, which is serious trade protectionism, with which China is strongly dissatisfied. The Ministry said the US had violated the WTO rule by this decision, and also its relevant commitments made on the G-20 financial summit. The business situation of the US tire producers has shown no apparent changes after the entry of Chinese products. There exists no direct competition ...