Global EditionASIA 中文双语Français
Business
Home / Business / Macro

China foreign trade maintains sound momentum despite COVID-19 impact: trade council

Xinhua | Updated: 2020-03-26 14:16
Port employees help a cargo vessel dock at the container terminal of Qingdao Port, Shandong province. [Photo/Xinhua]

BEIJING -- China's foreign trade sector has the resilience and growth potential to weather the impact of the novel coronavirus disease (COVID-19), a national trade promotion agency said.

With strong competitiveness, a stable industrial chain and rapid development of new business formats, China's foreign trade sector will remain sound growth momentum in the long term, said Gao Yan, head of the China Council for the Promotion of International Trade (CCPIT).

While COVID-19 has brought uncertainties to trade development, China has rolled out a string of policies to stabilize the growth of the sector, Gao said in an interview with an official publication under the National Committee of the Chinese People's Political Consultative Conference.

Citing a CCPIT survey on foreign companies operating in China, Gao noted that foreign firms are still bullish on the prospects of the Chinese market.

The epidemic has brought fresh investment opportunities in sectors including medical science and artificial intelligence, Gao noted, adding that investment from countries along the Belt and Road has seen continued growth despite the epidemic.

"The epidemic may prompt investors in relevant countries to seek safer investment destinations, leading to further gathering of international industries in China," Gao said.

The CCPIT will actively promote stable growth of the foreign trade sector, setting up online exhibition platforms to connect companies for business negotiations, Gao said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US