A view of the Qinzhou port in Guangxi Zhuang autonomous region, on Oct 27, 2021. (PHOTO / XINHUA)
BEIJING – China is confident about keeping its foreign trade running within a reasonable range for the whole year, making more contributions to the economic fundamentals, the Ministry of Commerce said Thursday.
The country's total imports and exports went up 9.6 percent year-on-year last month on top of April's 0.1-percent expansion, gaining recovery momentum.
The country's total imports and exports went up 9.6 percent year-on-year last month on top of April's 0.1-percent expansion, gaining recovery momentum
"The rebound came as work resumption of foreign trade enterprises was put forward in order and pro-growth measures started taking effect," said the MOC spokesperson Shu Jueting, at a press conference.
Noting that uncertainties such as the fragile world economic recovery and problems related to costs, supply chains, and logistics still exist, Shu said that effective coordination of epidemic control, economic and social development, and supporting measures will help with propelling the foreign trade growth.
ALSO READ: China's foreign trade up 8.3% in first five months
Tax reduction and trade facilitation brought by free trade agreements will play an important role in promoting foreign trade, said Shu, adding that China has an increasing amount of free trade agreement partners.