China’s Dongfang Electric Machinery successfully completed the manufacturing of the first batch of embedded components for six turbines it is supplying for the Koysha Hydroelectric Dam project in Ethiopia.Transported...China’s Dongfang Electric Machinery successfully completed the manufacturing of the first batch of embedded components for six turbines it is supplying for the Koysha Hydroelectric Dam project in Ethiopia.Transported by land and sea,these parts will arrive on site in three months.Once completed,the power plant will generate more than 6 billion kwh of electricity annually,reducing carbon dioxide emissions by 1 million tonnes per year.展开更多
Under the umbrella of WTO, the reduction in trade barriers has forced the policy makers to focus on the export competitiveness. Rice is an important source for foreign exchange earnings for the economy of Pakistan, ke...Under the umbrella of WTO, the reduction in trade barriers has forced the policy makers to focus on the export competitiveness. Rice is an important source for foreign exchange earnings for the economy of Pakistan, keeping in mind of this fact, the competitiveness of Pakistan＇s rice with other major exporters was examined by applying revealed competitive advantage. The domestic consumption trends of rice among the major rice exporting countries were also analyzed in the current study. The results revealed that as compare to other major exporters of rice in the world, Pakistan had high competitive and comparative advantage in the production of rice. The comparison of the movements in comparative advantage indices for Pakistan with the major world rice competitors/exporters showed that Pakistan possessed relatively high comparative and competitive advantages in rice production. The declining domestic per capita consumption of rice and increasing trends in competitiveness for Pakistan clearly revealed the expected potential of higher growth which meant that rice exports from Pakistan could continue to play an important role for the earnings of foreign exchange. In order to exploit the potential benefits of rice exports, we need to strengthen the competitiveness in rice sector of Pakistan.展开更多
How coral reefs with high productivity and biodiversity can flourish in oligotrophic tropical oceans has inspired substantial research on coral reef ecosystems.Increasing evidence shows that similar to water in an oas...How coral reefs with high productivity and biodiversity can flourish in oligotrophic tropical oceans has inspired substantial research on coral reef ecosystems.Increasing evidence shows that similar to water in an oasis in the desert,there are stable nutrient supplies to coral reefs in oligotrophic oceans.Here,with emphasis on the fluxes of organic matter,we summarize at the ecosystem level(1)the multiple input pathways of external nutrients,(2)the storage of nutrients in reef organisms,(3)the efficient retaining and recycling of dissolved and particulate organic matter within coral reef ecosystems,(4)the distinctly high phytoplankton productivity and biomass inside and near oceanic coral reefs,and(5)the export of reef-related organic carbon to adjacent open oceans.These properties enable coral reefs to function as ecological“pumps”for gathering nutrients across ecosystems and space,retaining and recycling nutrients within the ecosystem,supporting high phytoplankton productivity,and exporting organic carbon to adjacent open oceans.Particularly,the high phytoplankton productivity and biomass make waters around coral reefs potential hotspots of carbon export to ocean depths via the biological pump.We demonstrate that organic carbon influx is vital for coral reef ecosystems’carbon budget and carbon export.The concept of the coral reef ecological pump provides a framework to improve the understanding of the functioning of the coral reef ecosystem and its responses to disturbance.Prospects of the coral reef ecological pump in coral reef studies are discussed in changing oceans driven by human activities and global change in the Anthropocene.展开更多
Small and Medium Enterprises （SMEs）, account for more than 95% of all businesses in many countries. These foster economic development and are significant contributors to employment and wealth generation. An observed...Small and Medium Enterprises （SMEs）, account for more than 95% of all businesses in many countries. These foster economic development and are significant contributors to employment and wealth generation. An observed phenomenon is the increased momentum of internationalization of SMEs in the developed world. A concern however, is the small percentage of the SMEs from developing countries emulating this trend. Also unexplained are： （1） What makes a small percentage of SMEs in developing countries succeed in internationalizing their businesses when the large majority fail？ （2） What provides the differential advantage to the growth businesses？ Therefore, this paper attempts to address the research question ＂what impacts the owner-managers＇ （OMs＇） perceptions of internal and external barriers have on the internationalization process of the SMEs in a developing country？＂ The data was gathered from OMs of SMEs using a mail survey. Export growth was used as the dependent variable in the study. The differential performance of growth and non-growth SMEs in foreign markets is elucidated in relation to the OMs＇ perception of informational, operational, marketing, and environmental barriers to growth. Significant differences were found between growth and non-growth businesses in relation to the OMs＇ perception of the above barriers investigated.展开更多
Overview of global LNG trade development In recent years,the global trade volume of liquefied natural gas(LNG)has maintained a rapid growth trend,breaking the 300 million tons mark for the first time in 2018,with an a...Overview of global LNG trade development In recent years,the global trade volume of liquefied natural gas(LNG)has maintained a rapid growth trend,breaking the 300 million tons mark for the first time in 2018,with an average annual growth rate of 7.7%in the past five years.In 2020,the trade volume of LNG increased to 487.9 billion m3(356.1 million tons).Due to the impact of the COVID-19 epidemic on LNG supply and demand,the increase of LNG trade in 2020 was quite limited,standing at only 4.1 billion m3,far below the growth level in 2019(50.2 billion m3)(Fig.1).展开更多
In 2023,auto production and sales in China respectively achieved 30.161 million vehicles and 30.094 million vehicles,respectively YOY up by 11.6%and 12%.Export business and NEV became the driving force for the increas...In 2023,auto production and sales in China respectively achieved 30.161 million vehicles and 30.094 million vehicles,respectively YOY up by 11.6%and 12%.Export business and NEV became the driving force for the increase in auto market.On January,11th,China Association of Automobile Manufacturers(CAAM)disclosure the above data.展开更多
Cross-border e-commerce,as a new form of international trade,has shown great development potential in the context of the“Belt and Road”initiative.Based on the cross-border e-commerce export data from 2015 to 2024,th...Cross-border e-commerce,as a new form of international trade,has shown great development potential in the context of the“Belt and Road”initiative.Based on the cross-border e-commerce export data from 2015 to 2024,this paper analyzes the influencing factors of China's cross-border e-commerce exports to countries along the“Belt and Road”by constructing an econometric model.The study found that factors such as the perfection of digital infrastructure,the efficiency of logistics and transportation,the convenience of payment and settlement,and the penetration rate of consumers online shopping significantly affect the export scale of cross-border e-commerce.Institutional factors such as the development level of e-commerce platforms in countries along the route,market access thresholds,and tariff policies also play an important role.Based on the research results,suggestions are put forward to strengthen the construction of cross-border payment system,optimize the logistics distribution network,promote customs clearance facilitation,and deepen cooperation in the field of e-commerce,to provide references for promoting the development of China's crossborder e-commerce exports to countries along the“Belt and Road.”展开更多
In January and February of 2025,China's textile and clothing exports totaled 42.88 billion US dollars,marking a 4.5%decrease compared to the same period in the previous year.The primary factors contributing to thi...In January and February of 2025,China's textile and clothing exports totaled 42.88 billion US dollars,marking a 4.5%decrease compared to the same period in the previous year.The primary factors contributing to this decline are as follows:First,China’s textile and clothing exports nearly reached USD 45 billion in January and February of 2024,setting a high base.Second,in order to avoid tariffs imposed by the United States,enterprises generally concentrated their exports at the end of last year and January this year.展开更多
Since the beginning of this year, the China-US economic and trade tensions have brought many challenges to China's clothing export companies. Nevertheless, in the face of difficulties, China's clothing foreign...Since the beginning of this year, the China-US economic and trade tensions have brought many challenges to China's clothing export companies. Nevertheless, in the face of difficulties, China's clothing foreign trade still shows strong resilience and adaptability. From January to May, China's clothing exports showed characteristics such as increased volume, lower prices, category differentiation, and multi-point market layout. Meanwhile, Chinese clothing companies have actively responded to trade friction impacts by closely monitoring tariff negotiations, accelerating transformation and upgrading, exploring diversified international markets, and deepening domestic markets.展开更多
On 13 December 2024,liquefied natural gas(LNG)company Venture Global LNG(Arlington,VA,USA)commenced commercial production of the super-chilled fuel at its partially completed Plaquemines LNG export terminal in Louisia...On 13 December 2024,liquefied natural gas(LNG)company Venture Global LNG(Arlington,VA,USA)commenced commercial production of the super-chilled fuel at its partially completed Plaquemines LNG export terminal in Louisiana(Fig.1)[1].In terms of dollars invested,the 21 billion USD plant is the fourth largest infrastructure project in the world[2].Venture Global initially expected the terminal to produce and ship 20 million tonnes of LNG annually[3].An 18 billion USD expansion of the terminal approved in February 2025 will bring its maximum annual produc-tion capacity to 45 million tonnes[4].When fully operational in 2027,the facility,located in Plaquemines Parish on the Mississippi River about 32 km south of New Orleans,will be among the largest in the world,further contributing to the US position as the world’s biggest LNG exporter[1].展开更多
Chinese companies are transitioning from“manufacturing export”to brand export and from“value-for-money competition”to“value competition”,continuously expanding their presence in Russian-speaking markets.
Chinese consumers browsing e-commerce platforms or walking in supermarket aisles have noticed a new feature:dedicated sections for high-quality export products.Far from being a mere marketing gimmick,this trend emerge...Chinese consumers browsing e-commerce platforms or walking in supermarket aisles have noticed a new feature:dedicated sections for high-quality export products.Far from being a mere marketing gimmick,this trend emerged due to intense pressure from a slide in global demand.展开更多
China has long been recognized as a major producer and exporter of sporting goods,with its share of global sporting goods exports continuing to rise steadily.The implementation of the RCEP agreement presents both oppo...China has long been recognized as a major producer and exporter of sporting goods,with its share of global sporting goods exports continuing to rise steadily.The implementation of the RCEP agreement presents both opportunities and challenges for China’s sporting goods export trade.To achieve sustained growth,enterprises must enhance their innovation capacity,improve product quality,strengthen brand influence,and refine marketing strategies.At the same time,they must proactively manage risks related to exchange rate fluctuations and rising international logistics costs.展开更多
Zimbabwe’s blueberry exports get the green light to supply China’s health-conscious consumers Inside a temperature-controlled greenhouse in Goromonzi in Mashonaland East Province about 40 km outside Zimbabwe’s capi...Zimbabwe’s blueberry exports get the green light to supply China’s health-conscious consumers Inside a temperature-controlled greenhouse in Goromonzi in Mashonaland East Province about 40 km outside Zimbabwe’s capital Harare,a quiet blue revolution is taking place.Workers move carefully among lush green shrubs,their hands delicately harvesting plump,juicy blueberries.展开更多
Cross-border e-commerce has emerged as a new growth point in foreign trade.While the Dalian comprehensive pilot zone has made some progress,its development is constrained by issues such as the global economic slowdown...Cross-border e-commerce has emerged as a new growth point in foreign trade.While the Dalian comprehensive pilot zone has made some progress,its development is constrained by issues such as the global economic slowdown,the relatively small scale of cross-border e-commerce,a high concentration of export commodities,imperfect information mechanisms,and high overall costs.To address these challenges,this paper explores the importance of the construction of the Dalian comprehensive pilot zone for cross-border e-commerce to the transformation and upgrading of exports.Based on my research project,“Research on Path Optimization of Financial Support for the Development of Advanced Manufacturing Clusters in Dalian,”this paper analyzes the current challenges and limiting factors and proposes corresponding countermeasures and suggestions.展开更多
The Swiss textile machinery industry has staged a strong recovery in the first half of 2025,with export volumes rising by 12.2%compared to the same period last year.This positive rebound marks a significant turnaround...The Swiss textile machinery industry has staged a strong recovery in the first half of 2025,with export volumes rising by 12.2%compared to the same period last year.This positive rebound marks a significant turnaround from a challenging 2024,which saw exports decline by 17.7%.The upturn is fueled by renewed demand from key Asian markets,including China,India,and Bangladesh,alongside growing interest from Southeast Asia and North Africa.This resurgence highlights the resilience of Swiss manufacturers and the global industry's ongoing drive toward advanced and sustainable technologies,even amidst complex global economic conditions.展开更多
In the Turkish Economy,there were radical changes in the structure of the economy with the policies of opening up to the outside world and transition to a free market economy in the 1980s,and the last step of this ope...In the Turkish Economy,there were radical changes in the structure of the economy with the policies of opening up to the outside world and transition to a free market economy in the 1980s,and the last step of this opening up and liberalization process was realized with the decision number 32 in 1989.We can say that with the liberalization of capital movements in the 1990s,economic growth and development were tried to be achieved through hot money inflows rather than direct foreign investments.This trend made the economy more open to crises,and for the first time,a crisis occurred in the form of the 1994 economic crisis,which was understood to be caused by hot money.The same economic structure experienced a financial and economic crisis caused by hot money again in November 2000 and February 2001.While the crisis was overcome with the stand-by agreement made with the IMF(International Monetary Fund)and the announced Transition to a Strong Economy program,the economy started to grow rapidly with the ease of using foreign resources,and political stability seems to have enabled this economic growth process to continue uninterruptedly except 2009.There was also a decrease in inflation rates.The same economic structure continued in the period between 2010 and 2020,and the financing need of economic growth was met by outsourcing.However,this process was different from the previous decade and there was no economic and financial crisis other than the sudden increase in exchange rates in 2018.We can say that the sudden exchange rate increase in 2018 was perceived as a harbinger of possible exchange rate shocks in the following years.展开更多
Foreign Trade Sets New High China’s foreign trade in goods in the first quarter of 2025 grew by 1.3 percent year on year,reaching 10.3 trillion yuan($1.41 trillion),which marks a stable start to the year,as various s...Foreign Trade Sets New High China’s foreign trade in goods in the first quarter of 2025 grew by 1.3 percent year on year,reaching 10.3 trillion yuan($1.41 trillion),which marks a stable start to the year,as various support policies continue to produce effects,official data showed on 14 April.Between January and March,the country’s exports grew by 6.9 percent year on year,totalling 6.13 trillion yuan(about$850.1 billion).展开更多
The Nanning Four-Leaf Clover Cultural Communication Company(“Clover Culture”for short),which has been deeply engaged in the cultural and creative industry for 13 years,has become a calling card of this year’s China...The Nanning Four-Leaf Clover Cultural Communication Company(“Clover Culture”for short),which has been deeply engaged in the cultural and creative industry for 13 years,has become a calling card of this year’s China-ASEAN Expo(CAEXPO)thanks to its creativity in AI technology.As a first-time exhibitor,Clover Culture has not only brought its original IP“077”with the Guangxi white-headed langur as the prototype,but also collaborated with the Guangxi International Expo Affairs Bureau to launch AI animation videos and cultural and creative products.With the innovative model of“IP collaboration plus industrial activities,”the company has injected new vitality into the development of the cultural and creative industry and promoted the export of Chinese animation.展开更多
文摘China’s Dongfang Electric Machinery successfully completed the manufacturing of the first batch of embedded components for six turbines it is supplying for the Koysha Hydroelectric Dam project in Ethiopia.Transported by land and sea,these parts will arrive on site in three months.Once completed,the power plant will generate more than 6 billion kwh of electricity annually,reducing carbon dioxide emissions by 1 million tonnes per year.
文摘Under the umbrella of WTO, the reduction in trade barriers has forced the policy makers to focus on the export competitiveness. Rice is an important source for foreign exchange earnings for the economy of Pakistan, keeping in mind of this fact, the competitiveness of Pakistan＇s rice with other major exporters was examined by applying revealed competitive advantage. The domestic consumption trends of rice among the major rice exporting countries were also analyzed in the current study. The results revealed that as compare to other major exporters of rice in the world, Pakistan had high competitive and comparative advantage in the production of rice. The comparison of the movements in comparative advantage indices for Pakistan with the major world rice competitors/exporters showed that Pakistan possessed relatively high comparative and competitive advantages in rice production. The declining domestic per capita consumption of rice and increasing trends in competitiveness for Pakistan clearly revealed the expected potential of higher growth which meant that rice exports from Pakistan could continue to play an important role for the earnings of foreign exchange. In order to exploit the potential benefits of rice exports, we need to strengthen the competitiveness in rice sector of Pakistan.
基金The Key Special Project for Introduced Talents Team of Southern Marine Science and Engineering Guangdong Laboratory (Guangzhou) under contract No.GML2019ZD0405the National Natural Science Foundation of China under contract Nos41506150 and 41130855+3 种基金the Guangdong Basic and Applied Basic Research Foundation under contract No.2019A1515011645the National Science and Technology Basic Work Program of the Ministry of Science and Technology of China under contract No.2015FY110600the Science and Technology Planning Project of Guangdong Province,China under contract No.2020B1212060058the Development Fund of South China Sea Institute of Oceanology of the Chinese Academy of Sciences under contract No.SCSIO202204。
文摘How coral reefs with high productivity and biodiversity can flourish in oligotrophic tropical oceans has inspired substantial research on coral reef ecosystems.Increasing evidence shows that similar to water in an oasis in the desert,there are stable nutrient supplies to coral reefs in oligotrophic oceans.Here,with emphasis on the fluxes of organic matter,we summarize at the ecosystem level(1)the multiple input pathways of external nutrients,(2)the storage of nutrients in reef organisms,(3)the efficient retaining and recycling of dissolved and particulate organic matter within coral reef ecosystems,(4)the distinctly high phytoplankton productivity and biomass inside and near oceanic coral reefs,and(5)the export of reef-related organic carbon to adjacent open oceans.These properties enable coral reefs to function as ecological“pumps”for gathering nutrients across ecosystems and space,retaining and recycling nutrients within the ecosystem,supporting high phytoplankton productivity,and exporting organic carbon to adjacent open oceans.Particularly,the high phytoplankton productivity and biomass make waters around coral reefs potential hotspots of carbon export to ocean depths via the biological pump.We demonstrate that organic carbon influx is vital for coral reef ecosystems’carbon budget and carbon export.The concept of the coral reef ecological pump provides a framework to improve the understanding of the functioning of the coral reef ecosystem and its responses to disturbance.Prospects of the coral reef ecological pump in coral reef studies are discussed in changing oceans driven by human activities and global change in the Anthropocene.
文摘Small and Medium Enterprises （SMEs）, account for more than 95% of all businesses in many countries. These foster economic development and are significant contributors to employment and wealth generation. An observed phenomenon is the increased momentum of internationalization of SMEs in the developed world. A concern however, is the small percentage of the SMEs from developing countries emulating this trend. Also unexplained are： （1） What makes a small percentage of SMEs in developing countries succeed in internationalizing their businesses when the large majority fail？ （2） What provides the differential advantage to the growth businesses？ Therefore, this paper attempts to address the research question ＂what impacts the owner-managers＇ （OMs＇） perceptions of internal and external barriers have on the internationalization process of the SMEs in a developing country？＂ The data was gathered from OMs of SMEs using a mail survey. Export growth was used as the dependent variable in the study. The differential performance of growth and non-growth SMEs in foreign markets is elucidated in relation to the OMs＇ perception of informational, operational, marketing, and environmental barriers to growth. Significant differences were found between growth and non-growth businesses in relation to the OMs＇ perception of the above barriers investigated.
文摘Overview of global LNG trade development In recent years,the global trade volume of liquefied natural gas(LNG)has maintained a rapid growth trend,breaking the 300 million tons mark for the first time in 2018,with an average annual growth rate of 7.7%in the past five years.In 2020,the trade volume of LNG increased to 487.9 billion m3(356.1 million tons).Due to the impact of the COVID-19 epidemic on LNG supply and demand,the increase of LNG trade in 2020 was quite limited,standing at only 4.1 billion m3,far below the growth level in 2019(50.2 billion m3)(Fig.1).
文摘In 2023,auto production and sales in China respectively achieved 30.161 million vehicles and 30.094 million vehicles,respectively YOY up by 11.6%and 12%.Export business and NEV became the driving force for the increase in auto market.On January,11th,China Association of Automobile Manufacturers(CAAM)disclosure the above data.
文摘Cross-border e-commerce,as a new form of international trade,has shown great development potential in the context of the“Belt and Road”initiative.Based on the cross-border e-commerce export data from 2015 to 2024,this paper analyzes the influencing factors of China's cross-border e-commerce exports to countries along the“Belt and Road”by constructing an econometric model.The study found that factors such as the perfection of digital infrastructure,the efficiency of logistics and transportation,the convenience of payment and settlement,and the penetration rate of consumers online shopping significantly affect the export scale of cross-border e-commerce.Institutional factors such as the development level of e-commerce platforms in countries along the route,market access thresholds,and tariff policies also play an important role.Based on the research results,suggestions are put forward to strengthen the construction of cross-border payment system,optimize the logistics distribution network,promote customs clearance facilitation,and deepen cooperation in the field of e-commerce,to provide references for promoting the development of China's crossborder e-commerce exports to countries along the“Belt and Road.”
文摘In January and February of 2025,China's textile and clothing exports totaled 42.88 billion US dollars,marking a 4.5%decrease compared to the same period in the previous year.The primary factors contributing to this decline are as follows:First,China’s textile and clothing exports nearly reached USD 45 billion in January and February of 2024,setting a high base.Second,in order to avoid tariffs imposed by the United States,enterprises generally concentrated their exports at the end of last year and January this year.
文摘Since the beginning of this year, the China-US economic and trade tensions have brought many challenges to China's clothing export companies. Nevertheless, in the face of difficulties, China's clothing foreign trade still shows strong resilience and adaptability. From January to May, China's clothing exports showed characteristics such as increased volume, lower prices, category differentiation, and multi-point market layout. Meanwhile, Chinese clothing companies have actively responded to trade friction impacts by closely monitoring tariff negotiations, accelerating transformation and upgrading, exploring diversified international markets, and deepening domestic markets.
文摘On 13 December 2024,liquefied natural gas(LNG)company Venture Global LNG(Arlington,VA,USA)commenced commercial production of the super-chilled fuel at its partially completed Plaquemines LNG export terminal in Louisiana(Fig.1)[1].In terms of dollars invested,the 21 billion USD plant is the fourth largest infrastructure project in the world[2].Venture Global initially expected the terminal to produce and ship 20 million tonnes of LNG annually[3].An 18 billion USD expansion of the terminal approved in February 2025 will bring its maximum annual produc-tion capacity to 45 million tonnes[4].When fully operational in 2027,the facility,located in Plaquemines Parish on the Mississippi River about 32 km south of New Orleans,will be among the largest in the world,further contributing to the US position as the world’s biggest LNG exporter[1].
文摘Chinese companies are transitioning from“manufacturing export”to brand export and from“value-for-money competition”to“value competition”,continuously expanding their presence in Russian-speaking markets.
文摘Chinese consumers browsing e-commerce platforms or walking in supermarket aisles have noticed a new feature:dedicated sections for high-quality export products.Far from being a mere marketing gimmick,this trend emerged due to intense pressure from a slide in global demand.
基金Jilin International Studies University 2025 Batch National College Students’Innovation Training Program Project,Opportunities,Challenges,and Strategies of China’s Sporting Goods Export under the Background of RCEP(Project No.:202510964038)。
文摘China has long been recognized as a major producer and exporter of sporting goods,with its share of global sporting goods exports continuing to rise steadily.The implementation of the RCEP agreement presents both opportunities and challenges for China’s sporting goods export trade.To achieve sustained growth,enterprises must enhance their innovation capacity,improve product quality,strengthen brand influence,and refine marketing strategies.At the same time,they must proactively manage risks related to exchange rate fluctuations and rising international logistics costs.
文摘Zimbabwe’s blueberry exports get the green light to supply China’s health-conscious consumers Inside a temperature-controlled greenhouse in Goromonzi in Mashonaland East Province about 40 km outside Zimbabwe’s capital Harare,a quiet blue revolution is taking place.Workers move carefully among lush green shrubs,their hands delicately harvesting plump,juicy blueberries.
文摘Cross-border e-commerce has emerged as a new growth point in foreign trade.While the Dalian comprehensive pilot zone has made some progress,its development is constrained by issues such as the global economic slowdown,the relatively small scale of cross-border e-commerce,a high concentration of export commodities,imperfect information mechanisms,and high overall costs.To address these challenges,this paper explores the importance of the construction of the Dalian comprehensive pilot zone for cross-border e-commerce to the transformation and upgrading of exports.Based on my research project,“Research on Path Optimization of Financial Support for the Development of Advanced Manufacturing Clusters in Dalian,”this paper analyzes the current challenges and limiting factors and proposes corresponding countermeasures and suggestions.
文摘The Swiss textile machinery industry has staged a strong recovery in the first half of 2025,with export volumes rising by 12.2%compared to the same period last year.This positive rebound marks a significant turnaround from a challenging 2024,which saw exports decline by 17.7%.The upturn is fueled by renewed demand from key Asian markets,including China,India,and Bangladesh,alongside growing interest from Southeast Asia and North Africa.This resurgence highlights the resilience of Swiss manufacturers and the global industry's ongoing drive toward advanced and sustainable technologies,even amidst complex global economic conditions.
文摘In the Turkish Economy,there were radical changes in the structure of the economy with the policies of opening up to the outside world and transition to a free market economy in the 1980s,and the last step of this opening up and liberalization process was realized with the decision number 32 in 1989.We can say that with the liberalization of capital movements in the 1990s,economic growth and development were tried to be achieved through hot money inflows rather than direct foreign investments.This trend made the economy more open to crises,and for the first time,a crisis occurred in the form of the 1994 economic crisis,which was understood to be caused by hot money.The same economic structure experienced a financial and economic crisis caused by hot money again in November 2000 and February 2001.While the crisis was overcome with the stand-by agreement made with the IMF(International Monetary Fund)and the announced Transition to a Strong Economy program,the economy started to grow rapidly with the ease of using foreign resources,and political stability seems to have enabled this economic growth process to continue uninterruptedly except 2009.There was also a decrease in inflation rates.The same economic structure continued in the period between 2010 and 2020,and the financing need of economic growth was met by outsourcing.However,this process was different from the previous decade and there was no economic and financial crisis other than the sudden increase in exchange rates in 2018.We can say that the sudden exchange rate increase in 2018 was perceived as a harbinger of possible exchange rate shocks in the following years.
文摘Foreign Trade Sets New High China’s foreign trade in goods in the first quarter of 2025 grew by 1.3 percent year on year,reaching 10.3 trillion yuan($1.41 trillion),which marks a stable start to the year,as various support policies continue to produce effects,official data showed on 14 April.Between January and March,the country’s exports grew by 6.9 percent year on year,totalling 6.13 trillion yuan(about$850.1 billion).
文摘The Nanning Four-Leaf Clover Cultural Communication Company(“Clover Culture”for short),which has been deeply engaged in the cultural and creative industry for 13 years,has become a calling card of this year’s China-ASEAN Expo(CAEXPO)thanks to its creativity in AI technology.As a first-time exhibitor,Clover Culture has not only brought its original IP“077”with the Guangxi white-headed langur as the prototype,but also collaborated with the Guangxi International Expo Affairs Bureau to launch AI animation videos and cultural and creative products.With the innovative model of“IP collaboration plus industrial activities,”the company has injected new vitality into the development of the cultural and creative industry and promoted the export of Chinese animation.
