More stimulus on way for economy
By Ren Xiaojin and Zhong Nan | China Daily | Updated: 2019-07-03 07:27
Stable expansion in January-May period despite global trade headwinds, friction
China will continue facilitating foreign investment and trade while stimulating consumption amid a complicated and slowing global economy, the Ministry of Commerce said on Tuesday.
The ministry reported stable growth in the country's foreign trade, foreign investment and consumption in the first five months of 2019 despite slowing global capital flows and uncertainty within the international business environment, adding that certain decisions by companies to move their industrial chains elsewhere was a natural market occurrence.
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