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Algeria included in China's 'major trading partners' guide

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  • Algeria included in China's 'major trading partners' guide

    (China's) Ministry of Commerce is due to release a foreign market access report today, explaining the trade and investment environment for Chinese firms in the nation's 25 major trading partners.

    The annual report reflects the Chinese Government's concerns about the international trade environment and overseas investment, said Wang Shichun, director with the ministry's Bureau of Fair Trade for Imports and Exports.

    The report aims to help domestic companies trade and invest abroad explaining such things as technical standards, quarantine and quality inspections and intellectual property rights. It also looks at customs procedures, environmental protection and labour standards that major trading partners at times use as trade barriers against Chinese exports and investment.

    This year's report highlights trading partners' legislation and management mechanisms concerning foreign trade and investment as well as changes in legislation overseas.....

    ......Today's report is the fourth of its kind to be issued by the ministry with this year's edition also including Algeria, Kenya and Kazakstan.

    The 25 trading partners in the report account for over 70 per cent of China's total foreign trade last year....

    Report: How best to invest overseas