The scale of China's cross-border e-commerce witnessed 18.6 percent growth to reach 1.92 trillion yuan ($290 billion) in 2021

China will work to promote WTO reform in the right direction

The ministry will also facilitate the development of new foreign trade formats like cross-border e-commerce and overseas warehouses.

So far, China has seen the establishment of more than 30,000 enterprises related to cross-border e-commerce

Over those four months, China's actual use of foreign capital increased 20.5 percent year-on-year, according to the Ministry of Commerce.

the country will also seek to bolster cross-border e-commerce

Cross-border renminbi settlements should also take a bigger share in business formats like cross-border e-commerce and procurement

China will continue to promote accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

According to the provincial department of commerce, foreign direct investment (FDI) into Hunan Province, in actual use, expanded 165.8 percent year on year to nearly 1.8 billion U.S. dollars in Q1, ranking first in central China.

Commerce ministry says higher-level opening-up spurring more FDI flows

the cross-border e-commerce cooperation between Malaysia and China, particularly in Guangxi, is set to expand even further

The Upgrade Protocol of the China-New Zealand Free Trade Agreement, which entered into force on Apr.7, will further expand the market opening of goods, services, investment and other areas between the two countries in the coming years, said the Ministry of Commerce in a statement posted online.