# Ministry of Commerce
Latest news and articles about Ministry of Commerce
Total: 7 articles found
China’s Vice Premier He Lifeng to Lead Trade Talks with U.S. in France Next Week
China’s Vice Premier He Lifeng will lead a delegation to France from March 14–17 for the sixth round of China‑U.S. economic and trade consultations, guided by consensus from the leaders’ Busan meeting. The talks are likely to focus on market access, export controls, subsidies and supply‑chain issues, with limited expectations for sweeping breakthroughs but potential for procedural progress that could ease business uncertainty.
Beijing Blasts UK’s New Russia-Linked Sanctions on Chinese Firms, Warns of Retaliation
China condemned a new set of UK sanctions announced on 24 February that name multiple Chinese companies for alleged Russia‑related activity, calling the measures unilateral and without UN authorization. Beijing demanded the sanctions be revoked, warned it would take necessary measures to protect its firms, and framed the move as part of a pattern of extraterritorial Western pressure. The dispute risks raising commercial and diplomatic friction between China and Britain and highlights broader tensions over the use and reach of sanctions in global trade.
Beijing Pumps Rmb62.5bn into Spring Festival Stimulus, Turning Smart Gadgets Into This Year’s Must‑Buy
China has launched a Rmb62.5 billion Spring Festival subsidy program that prioritises trade‑ins for affordable smart devices, offering consumers 15% rebates up to Rmb500 on phones, tablets and wearables priced under Rmb6,000. The measures aim to stimulate near‑term spending while accelerating mass adoption of connected hardware, benefiting mid‑range manufacturers and related supply chains.
China Imposes Five-Year Countervailing Duties on EU Dairy, Escalating Trade Pressure on European Exporters
China will levy countervailing duties on certain dairy imports from the EU for five years starting 13 February 2026, following an investigation that found EU subsidies harmed China’s dairy industry. The decision imposes company-specific duties, includes limited retroactivity for provisional bonds, and opens administrative and judicial review pathways.
China Boots Up Spring Festival Trade‑In Subsidies to Prime Consumer Demand
China’s Ministry of Commerce has ordered robust implementation of trade‑in subsidies for appliances, electronics and automobiles during the nine‑day 2026 Spring Festival holiday, prioritising offline channels and rural participation. The policy is a targeted consumption stimulus designed to boost holiday spending, support physical retailers and protect subsidy integrity through upgraded information systems and anti‑fraud measures.
China’s New-For-Old Subsidies Spark Surge in Appliance and Smart-Device Sales, Selling Over 15 Million Units in January
China’s subsidy programme for appliance trade‑ins and purchases of digital and smart products produced more than 15 million unit sales in January, generating nearly 590 billion yuan in turnover. The rapid local rollout — with all 32 regions activating subsidies — signals an early policy success in boosting consumption and encouraging greener, higher‑tech upgrades, though risks remain around front‑loading, fiscal cost and recycling capacity.
China to Open Service Sectors, Launch Overseas One‑Stop Platform and Promote Digital Trade in 2026 Push for Market Expansion
China’s Ministry of Commerce has announced a service‑focused opening for 2026 that includes pilot liberalisation of telecoms, healthcare and education, a national one‑stop overseas platform for outbound firms, and a push to build a national digital trade demonstration zone with interoperable standards. The package aims to attract foreign investment, deepen digital trade, and leverage China’s large domestic market while advancing multilateral engagement at the WTO.