Foreign trade set to exceed $4t
By Zhong Nan | China Daily | Updated: 2017-12-29 07:36
China's foreign trade volume is expected to exceed $4 trillion in 2017 if there are no special circumstances based on figures accumulated in the first 11 months, the Ministry of Commerce predicted on Thursday.
Gao Feng, the ministry's spokesman, said China has been resolutely pushing forward supply-side structural reform in foreign trade. The labor, capital and resource utilization efficiency, as well as environmental protection awareness of domestic manufacturers have been effectively improved.
The country's foreign trade volume totaled 25.14 trillion yuan ($3.7 trillion) between January and November, up 15.6 percent year-on-year, official data show.
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