Foreign trade makes 'notable progress in stabilizing'

China has made notable progress in stabilizing and enhancing the structure of its foreign trade, paving the way for potential positive growth throughout the entire year, said a senior government official on Wednesday.

Speaking at an economic forum held by the Beijing-based China Center for International Economic Exchanges in Beijing, Tang Wenhong, assistant minister of commerce, said China will align its trade and economic policies with high-standard international trade and economic rules, speed up the reform of institutional opening-up and deepen the implementation of its free trade zone strategy.

He said that the government will introduce a number of innovative and comprehensive measures in areas such as trade, investment, finance and other sectors, to further advance its opening-up process.

China's foreign trade amounted to 37.96 trillion yuan ($5.28 trillion) from January to November 2023, remaining consistent with the corresponding period from the previous year, data from the General Administration of Customs showed.