This batch of electric tools will be shipped to countries including Vietnam, Algeria and Brazil within the month. China's export growth between January and May was attributable to the nation's production capabilities, market potential and tech-intensive green products. A positive outlook is maintained for the coming months, said Guo Lei, chief economist at GF Securities. A recent survey conducted by the Beijing-based China Council for the Promotion of International Trade showed that 81.6 percent of foreign trade-oriented businesses predict stable or increased exports in the first half. Liang Ming, director of the Institute of International Trade, which is part of the Chinese Academy of International Trade and Economic Cooperation, emphasized enhanced trade cooperation with a broader array of partners, including economies of the Association of Southeast Asian Nations and Arab League countries.

Source: The North Africa Journal June 11, 2024 03:56 UTC