China's foreign trade demonstrated strong resilience and maintained stable performance in the first eight months of the year amid sluggish global economic and trade growth, and the country will take more targeted steps to sustain its growth momentum, said Ministry of Commerce on Thursday.
Since the beginning of this year, economic and trade growth has been subdued worldwide. China's foreign trade, influenced by a combination of economic and non-economic factors, has been under sustained pressure, said He Yadong, spokesman of the ministry.
Faced with growing severity and complexity, as well as rising risks and challenges, Chinese foreign trade enterprises have risen to the occasion and actively explored international markets, He said, adding that stronger and more effective policies to keep foreign trade stable have been rolled out to remove bottlenecks and enhance product competitiveness.
As a result, China's foreign trade has withstood multiple pressures and witnessed some positive changes, boasting great resilience and maintaining smooth operation, He said.
Going forward, the country will fine-tune its policy mix to better address the pressing concerns facing enterprises, He said, adding that well-focused policies to advance the development of processing trade and shore up the growth of services trade and digital trade will be introduced.
The country will make dedicated efforts to sustain the momentum of foreign trade development and effectively stabilize its fundamentals, so as to make contributions to the recovery and growth of China's economy, He said.
- China to release more policies to sustain momentum in foreign trade
- China retains its appeal for foreign firms
- China plans cutting negative list to attract foreign investors
- Pilot FTZ in China's Guangxi boosts foreign trade
- New canal project expected to deepen China-ASEAN trade ties
- Foreign students explore a wealth of folk customs in Guangxi
Popular Videos
Hot comments
- China Life: Chinese women shine with She Power
- First apes at U.S. zoo receive COVID-19 vaccine made for animals, zoo official says
- China-ASEAN Expo witnesses changes in tech, life over 18 years
- 86-year-old grandma in Hebei spends most her life on traditional cheongsam
- Homemade curling videos trending in China
- Asia is young!
- Lantern Festival: A romantic celebration in China
- Super typhoon Saola leaves 1 dead, displaces over 387,000 in Philippines
- 'Escape from the British Museum' series gains online attention
- Guangxi activates emergency response for Typhoon Saola
Top Reviews
- China to release more policies to sustain momentum in foreign trade
- Upgrades make visa applications easier for expats
- China expects 190 mln railway trips during upcoming travel rush
- Upcoming Asian Games keep sports goods market abuzz
- Xi holds talks with Venezuelan president
- China unveils new lists of U.S. products to be excluded from additional tariffs
- Chinese EVs moving into fast lane in Europe
- Domestic cruise ship ready for certification after 2nd sea trial
- Cargo spacecraft burns up as planned on Earth reentry
- China achieves breakthrough in first floating ocean thermal energy power generation