Foreign trade, investment key to recovery

Premier Li urges further action to help fulfill orders, ensure supply, logistics

China will take further measures to stabilize foreign trade and investment, with a view to consolidating the foundation of economic recovery, according to a decision made at the State Council's Executive Meeting chaired by Premier Li Keqiang on Tuesday.

Noting opening-up as China's basic national policy and foreign trade as a strong underpinning for stable growth and employment, the meeting underscored the imperative for redoubled efforts to stabilize foreign trade and investment.

"We are facing big pressure in keeping foreign trade and foreign investment stable, with a notable slowdown of imports and exports. The first and foremost issue is to help businesses secure orders, by using all policy measures available to the full extent, such as the China Import and Export Fair (Canton Fair), the China International Import Expo, overseas warehouses and cross-border e-commerce," Li said.