BUSINESS China's imports expected to exceed $2 trillion this year

BUSINESS

China's imports expected to exceed $2 trillion this year

People's Daily app

18:17, December 22, 2018

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Aerial photo taken on May 4, 2018 shows the Qianwan Container Terminal in Qingdao, East China's Shandong Province.(Photo: Xinhua/Guo Xulei)

The value of China's imports this year is expected to cross $2 trillion, said Song Xianmao, deputy director of the Foreign Trade Department of the Chinese Ministry of Commerce.

Last year, goods worth over $1.84 trillion were imported by the country, official statistics show.

China will take a series of measures to expand import and host the Second China International Import Expo next year, Song said at the National Commercial Work Conference held in Beijing on Saturday, according to official Weibo account of Chine News Service.

Song also said the country will increase imports of agricultural products, resources, nursing products for the aged, and develop new national import promotion demonstration zones.

In 2013, China for the first time overtook the US to become the world's biggest trader in goods. 

(Compiled by Huang Jingjing)

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