How to overcome foreign trade challenges

China is likely to face complicated challenges in foreign trade during the 13th Five-Year Plan (2016-20) period. Internationally, the unbalanced recovery situation and low-speed economic growth will continue, and the global foreign trade pattern will undergo great changes intensifying competition.

China's foreign trade faces two major challenges globally. More developing countries will compete with China in the middle-and low-end product market, and developed countries will make greater efforts to maintain and enhance their strength in the middle-and high-end product industries.

With the Chinese economy embracing the "new normal", its slowing growth is also weakening its advantages in foreign trade.