Chinese Minister of Commerce Chen Deming speaks at a press conference held by the first session of the 12th National People's Congress (NPC) in Beijing, capital of China, March 8, 2013. (Xinhua/Wang Peng)

Doha trade talks should be pushed forward

Chinese Minister of Commerce Chen Deming said on Friday that the Doha round of trade talks should be further promoted in formulating new rules on world trade.

Chen said the Doha Development Agenda under the framework of the World Trade Organizations (WTO) should remain the main channel for multilateral trade talks despite the difficulties it had gone through.  >> More

China asks major economies not to sharply devalue currencies

Chinese Minister of Commerce Chen Deming said Friday major economies in the world should consider the spillover effect of their monetary policies and avoid drastic currency devaluation.

"Any major depreciation of the world's major currencies of the Japanese yen, the U.S. dollar and euro means great trouble for China and other emerging economies," Chen said at a press conference on the sidelines of the parliament's annual session. >> More

China's e-commerce revenue hits over 1 trillion yuan in 2012

China's booming online commerce industry is expected to reap more than 1.1 trillion yuan (about 175 billion U.S. dollars) in revenue in 2012, Minister of Commerce Chen Deming said on Friday.

"The total revenue of online commerce is estimated to be around 1.1 trillion yuan (about 175 billion U.S. dollars) to 1.2 trillion in 2012," said Chen, noting that the exact figure was not available. >> More

China supports enterprises to defend legitimate rights overseas

Minister of Commerce Chen Deming said Friday that the Chinese government will support domestic firms investing overseas that wish to safeguard their rights according to law.

Chen said recipient countries should create a more transparent and just environment to boost the confidence of foreign investors. >> More

China urges EU to properly handle solar panel friction

Chinese Commerce Minister Chen Deming Friday urged politicians and entrepreneurs of the European Union to properly handle the solar panel friction with China to avoid greater losses for both sides.

"We hope to address the dispute through negotiations between Chinese and European companies and boost our industrial cooperation and seek third-party markets," Chen told a press conference on the sidelines of the annual session of the National People's Congress. >> More

Minister calls for transparency, inclusiveness in regional trade talks

Chinese Minister of Commerce Chen Deming said on Friday regional and sub-regional trade negotiations should be transparent and inclusive.

Chen said the United States has been promoting bilateral trade talks, including the Trans-Pacific Partnership (TTP) and the Transatlantic Trade and Investment Partnership (TTIP). China is also in talks with other Asian countries on possible free trade areas. >> More