Iran-China Relations

Five Iranian banks have jointly signed a finance deal worth $10 billion with CITIC Trust, a Chinese state-owned investment company, to fund development projects in Iran.

China's CITIC Trust will extend $10 billion credit line for supporting projects in lran, based on an agreement signed between the company and five Iranian banks at CITIC Group headquarters…

A new freight train service bound for the Iranian capital of Tehran was launched from Yinchuan City of northwest China's Ningxia Hui Autonomous Region on Tuesday.

Chinese steel was everywhere in the world for the good part of the past few years. Disheartened Iranian producers were unable to compete with low prices and downstream users sidestepped local…

China's ambassador to Iran said the channel for facilitating new finance from the world's second largest economy is open for Tehran, assuring the Iranian business community that recent banking…

Iran-China Chamber of Commerce has denied reports of Iranian traders’ bank accounts being closed by Chinese lenders as part of new restrictions imposed on the country by Beijing–an important…

China has traditionally been Iran's biggest trading partner. The Joint Comprehensive Plan of Action, the official name of the nuclear deal Iran signed with world powers, including China, in 2015…

China signed a contract with Iran to finance the electrification of a 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province with a $1.5 billion loan.

Iran-China trade stood at $15.2 billion during the five months to May 21, 2017, registering a 41% increase compared to around $10.8 billion in the corresponding period of last year.

Eranico…

Chinese contractors have won a tender to supply part of the power generating equipment for Sardasht Hydroelectric Dam in West Azarbaijan Province, an official in charge of developing the dam’s…

The 926-km railroad linking the capital Tehran to the eastern religious tourism hub of Mashhad is part of China's New Silk Road initiative named "One Belt, One Road", which will cut short a long…

Iran’s trade with China, which had been registering deficits over the last decade, marked a turning point in the first quarter of 2017.

Iranian exports to its top trade partner saw a sharp…

Trade between Iran and China stood at $12.1 billion during the first four months of 2017, up from $8.1 billion in the corresponding period of 2016, registering an increase of over 49%, the General…

Iran’s Sharif University of Technology and China’s Shanghai University signed a memorandum of understanding (MoU) on Monday on the sidelines of the recent 2nd Belt & Road Initiative…

Iran’s Minister of Economy and Financial Affairs Ali Tayyebnia left Tehran for Beijing on Saturday to attend the so-called “One Belt, One Road” summit starting May 14. The two-day forum is…

Automotive giant Iran Khodro has imported several units of the S30 sedan produced by Chinese Dongfeng Motor Corporation, as part of a test drive.

IKCO first showcased the model painted in…

Iranian-Chinese joint venture MG Pars has begun testing its new vehicle, the MG360 in Tabriz this week. The company will soon take pre-orders of the new sedan.

It will be priced at 530…

China Export & Credit Insurance Corporation (commonly known as Sinosure) will provide export insurance for Chinese construction and production investments in Iran.

A cooperation agreement has been signed by Tejarat Bank and China Development Bank, based on which the Chinese lender will provide a $300 million loan to finance Iranian projects in the latest…

China was Iran’s biggest trading partner in the last Iranian year (March 2016-17). The East Asian country exported $10.75 billion and imported $8.37 billion worth of goods last year to remain…

The Oil Ministry has approved a proposal by the Industrial and Commercial Bank of China for financing the development of Mehran Petrochemical Complex in Ilam Province, said a local official hoping…

Iran’s non-oil exports to China since the beginning of President Hassan Rouhani’s tenure in August 2013 up until October this year stand at over $28.5 billion, registering a 52% increase…

Iranian and Chinese customs officials finalized negotiations on a cooperation agreement based on which China will be shipping its goods to Iranian ports from where they will be transited to Europe…

The chief executive of one of the oldest and most powerful Chinese banks has expressed willingness to enter Iran and open a representative office.

Chen Siqing, CEO of Bank of China, made…

Iran’s vice president for science and technology, Sorena Sattari, is leading a delegation of Iranian business owners to China at the invitation of the president of Chinese Academy of Sciences, Bai…