Cryptocurrency mining is virtual electricity export: ICT minister

TEHRAN – Talking about recent activities in the field of cryptocurrency mining in Iran in recent months, Information and Communication Technology Minister Mohammad Javad Azari Jahromi told IRNA that mining cryptocurrency is a kind of virtual electricity export.

China’s third humanitarian package for flood survivors arrives

TEHRAN – China has airlifted relief supplies to the country for the third time to help those hit by massive floods, Mehr news agency reported on Tuesday.

‘Iran's share of One Belt, One Road initiative should rise’

TEHRAN- Iran’s share in the One Belt One Road (OBOR) initiative should rise, given the country’s background and historic status in the Silk Road, Iranian Finance and Economic Affairs Minister Farhad Dejpasand stressed.

China's March Iran oil imports rise 6% from a month ago

TEHRAN - China’s imports of Iranian crude oil increased by six percent from the previous month, Reuters reported on Thursday citing customs data.

China’s Bank of Kunlun to continue co-op with Iran

TEHRAN- Directors of China’s Bank of Kunlun announced that the bank will continue cooperation with Iran, Mehr news agency reported.

China stands by Iran, opposing unjust U.S. sanctions

TEHRAN - Chinese foreign ministry announced on Monday that the Asian country is consistent about opposing unilateral U.S. sanctions against Iran, Reuters reported on Monday.

Iran’s women weightlifters to participate at Asian championships

TEHRAN – A total of seven women weightlifters will represent Iran in the 2019 Asian Weightlifting Championships in China.

Iran, China holding joint economic committee meeting

TEHRAN – Iran and China are holding their 17th joint economic committee meeting in Beijing, exploring avenues to expand bilateral relations in a wide range of areas.

By Ebrahim Fallahi

One belt-one road, a path to economic resilience

The history of Iran and China’s economic and cultural relations goes back to the ancient times, when positioned at the heart of the Silk Road, Iran linked the Asian country to the nations in Europe. Now, centuries later, the two countries have still maintained those strong ties and the economic relations between the two sides are seemingly on a new path to growth.

‘One Belt One Road a proper ground for Iran-China all-out relations’

TEHRAN- Iranian Finance and Economic Affairs Minister Farhad Dejpasand stressed that One Belt One Road Initiative lays the ground for the expansion of all-out relations between Iran and China.

Iran seeking Chinese expertise for fighting SDSs

TEHRAN – Iran is going to use China’s expertise on tackling sand and dust storms (SDSs) and take steps to halt the external SDS hotspots affecting southeastern and southwestern parts of the country, head of the national working group on SDSs has said.

Chinese delegation seeks to boost ties with Iranian nanotech companies

TEHRAN – A trade delegation from China held a meeting with four Iranian nanotech companies active in the field of polymer on Saturday, Mehr reported.

China offers Iran $3bn oilfield deal despite U.S. sanctions: Wall Street Journal 

State-run Chinese energy giant Sinopec has offered Iran a $3-billion deal on further development of an Iranian oilfield the two countries are already working on, the Wall Street Journal has reported. 

China's Iran oil imports to rebound in December as buyers use U.S. waivers

China’s Iranian oil imports are set to rebound in December after two state-owned refiners in the world’s largest oil importer began using the nation’s waiver from U.S. sanctions on Iran, according to industry sources and data on Refinitiv Eikon.

Chinese bank to back Iran-China transactions as of Dec. 2

TEHRAN- A Chinese bank is to support banking transactions between Iranian and Chinese businessmen as of December 2, the Iranian head of Iran-China Joint Chamber of Commerce announced.

By Javad Heirannia & Maryam Khormaei

Beijing supports full membership of Iran in Shanghai Cooperation Organization: Ambassador 

More work needed to strengthen China-Iran comprehensive strategic partnership

TEHRAN - China Ambassador to Tehran Pang Sen hailed the deeply-rooted relations between the two nations. But while expressing support for Iran's full membership in SCO, he underlined the need for more work to strengthen the comprehensive strategic partnership.

‘Economic ties between Iran, China still growing despite U.S. threats’

TEHRAN- Economic relations between Iran and China are still growing despite the pressures and threats from the U.S., Chinese Customs spokesman Li Kuiwen told IRNA on Saturday.

China receives a 2m-barrel cargo of Iranian oil ahead of sanctions

TEHRAN- China has received the first of its October Iranian crude oil orders on Monday, Reuters reported citing Refinitiv Eikon data and a shipping agent with knowledge of the matter.

Non-oil exports to China increases 11.6% in 6 months on year

TEHRAN- Iran’s value of non-oil exports to China increased 11.62 percent during the first half of the current Iranian calendar year (March 21-September 22) compared to the same period of time in the previous year, according to the data released by the Islamic Republic of Iran Customs Administration (IRICA).

Iran’s defense chief: Iran, China share common interests and threats

TEHRAN – In a meeting with his Chinese counterpart Wei Fenghe in Beijing on Friday, Iranian Defense Minister Amir Hatami said that Iran and China share common interests and also face common threats.

China's Iranian crude imports seen to have peaked at 874,000 b/d in Aug.

China's crude imports from Iran are likely to have peaked in August at 874,000 b/d ahead of the looming re-imposition of U.S. sanctions in November, according to S&P Global Platts' trade tracker cFlow.

China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions

Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Company (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States.

China defends Iran business ties after Trump threat

China’s business ties with Iran are open, transparent and lawful, its foreign ministry said on Wednesday, after U.S. President Donald Trump said companies doing business with Iran would be barred from the United States.

China keeps buying Iranian oil, and the trade war adds a reason to defy U.S. sanctions

China, the world’s top crude-oil buyer, imported around 718,000 barrels a day on average from Iran between January and May of this year, according to official Chinese customs data — equivalent to more than a quarter of Iran’s oil exports. China’s increased its imports of Iranian oil by 9.3 percent during the same time period from the year prior and is not expected to slow down purchases anytime soon.

'Iran-China economic ties to hike'

TEHRAN- Iran-China economic relations will improve regardless of third-party countries’ internal rules, Spokesman of the Chinese Ministry of Commerce Gao Feng told IRNA on Saturday.

Iran, China agree on using national currencies in trade

TEHRAN - Iran and China signed a memorandum of understanding (MOU) based on which both sides will use national currencies in their trade transactions.

Iran-China 3-month trade up 11% yr/yr

TEHRAN- The value of trade between Iran and China during the first quarter of 2018 reached $9.98 billion, with 11 percent rise from the figure of the same period of time in the past year, Tasnim news agency reported on Tuesday citing the data released by China’s Customs.

Iran, China ink €70m deal for co-manufacturing freight locomotives

TEHRAN – Iran and China signed a deal worth €70 million on Monday to collaborate on manufacturing 50 electro-diesel freight locomotives in Iran.

Iran, China ink MOU on establishing petrochemical park in Iran

TEHRAN – Iran’s National Petrochemical Company (NPC) and China Petroleum and Chemical Industry Federation (CPCIF) signed a memorandum of understanding (MOU) for strategic cooperation, ILNA news agency reported.

Iran-China ties are ‘strategic’, says Velayati

TEHRAN – Senior politician Ali Akbar Velayati said on Sunday that Iran and China have “constructive” and “strategic” ties.