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China Daily / 2023-03 / 04 / Page004

Active steps to stabilize foreign trade

By Liu Zhihua and Zhong Nan | China Daily | Updated: 2023-03-04 00:00

China will step up efforts to stabilize foreign trade while improving trade structure, according to experts and officials.

Against severe challenges from soft global demand, rising protectionism and geopolitical conflicts, such moves are essential to facilitate the growth of foreign trade enterprises, according to them.

Commerce Minister Wang Wentao said at a news conference on Thursday that, mainly due to soft global demand, China's foreign trade faces greater pressure this year compared with last year.

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