Foreign trade poised for steady growth amid headwinds

China's foreign trade will sustain steady growth for the remainder of 2024 and exporters should prepare for potential challenges, including higher tariffs, by enhancing product competitiveness and expanding sales in emerging markets, government officials and market observers said on Thursday.

These steps will help address possible obstacles posed by anticipated policy shifts in certain countries, such as trade remedy measures and additional countervailing duties, they noted.

China's foreign trade increased 5.2 percent year-on-year to 36.02 trillion yuan ($5.03 trillion) in the January-October period, while its exports rose 6.7 percent on a yearly basis to 20.8 trillion yuan, statistics released on Thursday by the General Administration of Customs showed.