CHINA China confident of maintaining stable 2019 trade growth

CHINA

China confident of maintaining stable 2019 trade growth

Xinhua

03:23, February 13, 2019

Capture.PNG

Photo taken on May 18, 2017 by a drone shows the Haicang port area in Xiamen, southeast China's Fujian Province. (Photo: Xinhua)

China has confidence in its ability to maintain stable trade growth in 2019 thanks to a raft of positive factors, a senior commerce official said Tuesday.

The gradual recovery of global economy, China's opening-up efforts and pro-trade policies, accelerating industrial upgrading and improving corporate vitality will lend strong steam to the country's trade growth this year, Chu Shijia, head of the comprehensive department of the Ministry of Commerce, told a conference.

Chu revealed that goods trade continued the upward growth momentum in January.

China's goods trade totaled $4.62 trillion last year, up 12.6 percent year on year, faster than that of major trading nations like the United States, Germany and Japan as well as the average rate of major economies.

The country also saw improving trade structure last year, with growing trade with Belt and Road countries, more high-end exports and accelerating imports growth.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue