Guangzhou,also known as Canton,is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about 120 km (75 mi) north-northwest of Hong Kong and 145 km (90 mi) north of Macau,Guangzhou has a history of over 2,200 years and was a major terminus of the maritime Silk Road;it continues to serve as a major port and transportation hub as well as being one of China's three largest cities. For a long time it was the only Chinese port accessible to most foreign traders. Guangzhou was captured by the British during the First Opium War and no longer enjoyed a monopoly after the war;consequently it lost trade to other ports such as Hong Kong and Shanghai,but continued to serve as a major transshipment port. Due to a high urban population and large volumes of port traffic,Guangzhou is classified as a Large-Port Megacity,the largest type of port city in the world. Due to worldwide travel restrictions at the beginning of the COVID-19 pandemic,Guangzhou Baiyun International Airport,the major airport of Guangzhou,briefly became the world's busiest airport by passenger traffic in 2020.
Guangdong,Cantonese:Canton or Kwangtung,is a province in southern China. It is China's top economically developed province and located on the north shore of the South China Sea,bordering Hong Kong. The capital of the province is Guangzhou. With a population of 126.84 million across a total area of about 179,800 km2 (69,400 sq mi),Guangdong is the most populous province of China and the 15th-largest by area as well as the second-most populous country subdivision in the world. In the province,the most developed city is Shenzhen,which directly borders Hong Kong and is often described as China's Silicon Valley.
The Ministry of Commerce (MOFCOM) is a executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade,export and import regulations,foreign direct investments,consumer protection,market competition and negotiating bilateral and multilateral trade agreements. it is the 20th-ranking department of the State Council. The current minister is Wang Wentao.
The Canton System served as a means for Qing China to control trade with the West within its own country by focusing all trade on the southern port of Canton. The protectionist policy arose in 1757 as a response to a perceived political and commercial threat from abroad on the part of successive Chinese emperors.
Zhengzhou Commodity Exchange,established in 1990,is a futures exchange in Zhengzhou,one of the four futures exchanges in China. The ZCE is under the vertical management of China Securities Regulatory Commission (CSRC).
The Dalian Commodity Exchange (DCE) is a Chinese futures exchange based in Dalian,Liaoning province,China. It is a non-profit,self-regulating and membership legal entity established on February 28,1993.
Hong Kong Brands and Products Expo is a large expo of local products held annually in Hong Kong,at Victoria Park. It was originally established in 1938,and was renamed as Hong Kong Brands and Products Expo in 1994. It is organised by The Chinese Manufacturers' Association of Hong Kong (CMA).
James Flint was an 18th-century British merchant and diplomat employed by the East India Company and noted for his role in precipitating the Canton System of Chinese trade with the West. One of the first English people to learn the Chinese language,Flint broke Qing dynasty court protocol through a direct complaint to the Qianlong Emperor,which led to three years of detention in the Portuguese colony of Macau. In later life,he was jointly responsible for the introduction of the soybean to North America.
Trade is a key factor of the economy of China. In the three decades following the dump of the Communist Chinese state in 1949,China's trade institutions at first developed into a partially modern but somewhat inefficient system. The drive to modernize the economy that began in 1978 required a sharp acceleration in commodity flows and greatly improved efficiency in economic transactions. In the ensuing years economic reforms were adopted by the government to develop a socialist market economy. This type of economy combined central planning with market mechanisms. The changes resulted in the decentralization and expansion of domestic and foreign trade institutions,as well as a greatly enlarged role for free market in the distribution of goods,and a prominent role for foreign trade and investment in economic development.
The Cohong,sometimes spelled kehang or gonghang,a guild of Chinese merchants or hongs,operated the import–export monopoly in Canton during the Qing dynasty (1644–1911). During the century prior to the First Opium War of 1839–1842,trade relations between China and Europe took place exclusively via the Cohong –a system formalised by an imperial edict of the Qianlong Emperor in 1760. The Chinese merchants who made up the Cohong were referred to as hangshang (行商) and their foreign counterparts as yanghang.
Chinaplas is an Asian trade show for the plastics and rubber industries.
The Export–Import Bank of China is one of two institutional banks in China chartered to implement the state policies in industry,foreign trade,economy,and foreign aid to other developing countries,and provide policy financial support so as to promote the export of Chinese products and services.
The World of Pet Supplies is an international pet fair organised by the Hong Kong Trade Development Council (HKTDC).
The sex toy industry in China is the largest in the world,with 70% of the world's sex toys being manufactured there. The value of the sex toy industry in the country is estimated at US$2 billion,with over 1,000 manufacturers nationwide.
The China–South Korea Free Trade Agreement is a free trade agreement between China and South Korea signed in 2014 and active since the following year.
The following is a timeline of the history of the Chinese city of Guangzhou,also formerly known as Panyu,Canton,and Kwang-chow.
Interwine China,also known as China (Guangzhou) International Wine &Spirits Exhibition,is a trade show in China organized by Canton Universal Fair Group Ltd. It was founded in 2005,when the customs duty on imports of wine decreased from 40% to 14%. It is a showcase for wine and spirits production,trade,and related products and services from abroad,responding to the need of professionals in the field for a trade-fair with strong international appeal and a strict business-to-business formula. In the context of China's rapidly growing appetite for wine consumption,it is the largest international wine exhibition in China and the only wine and spirits fair approved to exhibit at the Guangzhou International Convention and Exhibition Center in Pazhou. It is dedicated entirely to the wine and spirits industry,and brings together the country's whole community of wine and spirits importers,distributors,wholesalers and retailers,along with large-scale buyers such as hotels,airlines,and restaurants.
Shanghai Free-Trade Zone,officially China (Shanghai) Pilot Free-Trade Zone,is a free-trade zone in Shanghai,China. On 22 August 2013,the State Council approved the establishment of the zone. Officially launched on 29 September 2013 with the backing of Chinese Premier Li Keqiang,it is the first free-trade zone in mainland China and covers an area of 240.2 square kilometres (92.7 sq mi). Shanghai FTZ integrates four existing bonded zones in the district of Pudong—Waigaoqiao Free Trade Zone,Waigaoqiao Free Trade Logistics Park,Yangshan Free Trade Port Area and Pudong Airport Comprehensive Free Trade Zone.
Jiang Xiaojuan is a Chinese economist and politician. She is a Professor and Dean of the School of Public Policy and Management of Tsinghua University,and a research professor at the Chinese Academy of Social Sciences (CASS). She is a Standing Committee Member of the National People's Congress (NPC) and Vice Chairperson of the NPC Social Construction Committee,taking charge of lawmaking,revision,enforcement,and supervision of social insurance,sports,protection of women's and children's rights and others. She was elected President of the Chinese Public Administration Society in 2019.
