War must not be allowed to break out on the Korean peninsula and the issue must be resolved through talks, Chinese President Xi Jinping said on Thursday, while UN Secretary-General Antonio Guterres warned of the danger of “sleepwalking” into conflict. Xi made his comments to visiting South Korean President Moon Jae-in just days after US […]

The economies of Iran and China complement each other, Iranian Minister of Industry, Mine and Trade Mohammad Shariatmadari said, stressing that the target of an average annual trade of $60 billion is within reach. In a meeting with chairman of China’s private sector chamber of commerce in Tehran on Wednesday, Shariatmadari stressed the need for […]

TEHRAN – Trade between Iran and China during the first 10 months of 2017 reached $30.4 billion, registering a 22 percent rise compared to the same period last year. Bilateral trade was slightly over $25 billion during January-October last year, Tasnim reported citing China’s customs data. China imported about $15.46 billion worth of goods, mainly […]

China has further developed an advanced navigation satellite system, called Beidou, which can be used in search and rescue missions. “China has mastered the core technology of space payload and ground systems for medium earth orbit search and rescue systems. The time is ripe for China to develop its own self-controlled search and rescue system […]

As early as the first half of 2018, China’s People’s Liberation Army is slated to commission a new multi-warhead intercontinental ballistic missile, the Dongfeng-41, that can target “anywhere in the world,” Speaking before 2,300 delegates of the Chinese Community Party, President Xi Jinping declared that Beijing “would strive to fully transform the people’s armed forces […]

Japanese Prime Minister Shinzo Abe and Chinese President Xi Jinping hailed a “fresh start” to the relationship between the countries after a meeting in Vietnam that saw them agree to work more closely on North Korea. The leaders met on the sidelines of the Asia Pacific Economic Cooperation summit in the Vietnamese resort city of […]

TEHRAN – China’s September oil imports from Iran increased 59 percent from the same month a year earlier, Reuters reported citing the country’s customs data. The country Shipped in about 784,060 barrels per day (bpd) or 3.22 million tons of Iranian crude in September, compared with 1.9 million tons in the same period in 2016. […]

The latest market figures show the level of trade between Iran and China increased by almost a quarter over the past eight months. Reports quoted China’s customs department as announcing that the level of trade between the two countries from January to August 2016 stood at $19.5 billion. This is while, reports said, their trade […]

President Rouhani has forwarded a message of felicitation to President Xi Jinping of China on the occasion of the founding of the People’s Republic of China on October 1. In his message forwarded on Sunday, Iranian President Hassan Rouhani congratulated his Chinese counterpart Xi Jinping and the people of China as they celebrate the 68th […]

TEHRAN  – China’s commerce ministry said Thursday that North Korean firms or joint ventures in China will be shut within the 120 days of the latest United Nations Security Council sanctions passed on September 12. Overseas Chinese joint ventures with North Korean entities or individuals will also be closed, the ministry said in a statement […]