China's foreign trade to see steady growth - News Summed Up

China's foreign trade to see steady growth


CHINA's foreign trade will maintain steady growth in 2023, thanks to the improved trade structure and the country's proactive measures to tackle challenges such as geopolitical tensions and fluctuations in external demand, experts said. The nation's foreign trade growth will play a key role in underpinning the global supply chain, they said. China's foreign trade grew by 5.8 percent year-on-year to 13.32 trillion yuan ($1.92 trillion) in the first four months of 2023, data from the General Administration of Customs showed. "These measures will effectively improve the quality of China's foreign trade throughout the year," Lyu said. Wu Chaoming, deputy director of the Chasing International Economic Institute, is optimistic about robust foreign trade growth in 2023.


Source: The Star May 10, 2023 07:55 UTC



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