Positive trade growth seen for 2015
By Zhong Nan | China Daily | Updated: 2015-08-20 07:42
China's foreign trade is likely to see positive full-year growth in 2015, although it may experience single-month declines, the Ministry of Commerce said on Wednesday.
Shen Danyang, spokesman for the ministry, said that even though China's foreign trade seems weaker than expected because of lower global demand and rising production costs, the country has continued to optimize its range of products and approach to the global market through new trade routes and regional cooperation arrangements.
China encountered a notable drop in trade in the first seven months of this year, with foreign trade falling by 7.3 percent year-on-year to 13.63 trillion yuan ($2.23 trillion), according to the General Administration of Customs.
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