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China's foreign trade development is expected to further stabilize and improve in 2018, the Ministry of Commerce (MOC) said Thursday.

Alibaba Group Holding Ltd is spreading its wings further into South Asia by acquiring the region's largest e-commerce platform.

China's leading electric vehicle maker BYD Co Ltd on Tuesday signed a contract for 500 electric dump trucks for construction companies in Shenzhen, Guangdong province, marking its largest sales order of its kind.

Despite a shaky global recovery and rising trade protectionism, the Asian economy will maintain robust growth in the upcoming years, as countries in the region deepen economic cooperation and benefit from the Belt and Road Initiative, renowned economists and officials recently said at the Boao Forum for Asia annual conference.

China's economy grew at an annual pace of 6.8% in the first quarter compared to the same period last year, according to official data, beating forecasts for the period.

China will allow full foreign ownership of car firms by 2022 in a move that could open up the world's biggest car market.

The nation will cut import tariffs on automobiles and other products as early as possible, as part of the country's initiative to further open up, Vice-Minister of Finance Cheng Lihua said on Wednesday.

China will boost the efficiency of its State-owned enterprises with market-oriented principles in the next round of the nation's opening-up so they can better compete in overseas markets, the head of the State-owned assets regulator said on Wednesday.

The World Trade Organization (WTO) said on Thursday that the global trade is expected to remain strong, with the merchandise trade volume will grow 4.4 percent in 2018 and 4.0 percent in 2019.

Two leading British academics were presented with 10-year multiple-entry R visas at China's Embassy in the UK on Tuesday. The R visas were introduced by China's government earlier this year in an effort to attract more overseas talent.

Chinese telecoms giant Huawei has launched Paris OpenLab as part of its plan to create an open system offering innovative solutions to pave the way for digital transformation and promote industry ecosystem development, it said in a statement released on Wednesday.

Tourism revenue in China is estimated to reach 167.7 billion yuan ($26.7 billion) during the upcoming spring holidays, according to statistics released by the Ministry of Culture and Tourism Tuesday.

A Sino-German intelligent manufacturing cooperation park has opened in South China's Foshan city, Guangdong province.The park is focused on robot manufacturing and is ready to accommodate at least 500 enterprises associated with robotics by 2025.

At a meeting in Beijing, the Lord Mayor of the City of London, Charles Bowman and Dr. Ma Jun, Chair of the China Green Finance Committee, are set to jointly establish the new UK-China Green Finance Centre.

China’s Hainan Airlines launched its second non-stop flight service to the UK on Friday, connecting London with Changsha, the capital of Hunan province.

China has begun implementing $10 billion worth of infrastructure projects in Bangladesh, said Chinese Ambassador to Bangladesh Zhang Zuo here on Wednesday at his first press conference since taking office.

Zhejiang Geely Holding Group will step up its digitalization and electrification efforts as more cars will become electrified, smart mobile terminals connected to the internet, said its chairman Li Shufu on Tuesday. Li, a deputy to the 13th National People's Congress, said studies on digitalization will prove crucial as the 21st century is an era that features technological revolution, industrial evolution and business remodeling.

The People's Bank of China has opened the country's mobile payment market to foreign companies in a move intended to encourage innovation and competition, according to a report in Securities Daily.

The Arctic states could find much-needed funding for infrastructure improvements through China’s Belt and Road. Infrastructure is the foundation for economic development. The Arctic is extremely rich in natural resources, accounting for up to 20 percent of Earth’s reserves, while the area is sparsely populated, with only 4 million inhabitants, and with underdeveloped infrastructure.

China's investment in property development expanded 9.9 percent year-on-year in the first two months of this year, up from 7 percent for 2017, new data showed Wednesday.

China's non-financial outbound direct investment (ODI) maintained double-digit growth in the first two months of the year, official data showed Wednesday. Domestic investors made $16.82 billion of non-financial ODI in 1,429 overseas enterprises in 135 countries and regions for January-February, the Ministry of Commerce (MOC) said.