Nation to boost foreign trade upgrading

Li stresses maintaining steady progress for 'Made in China' products to go global

China will accelerate the development of new forms and models of foreign trade to push forward its upgrading and foster new competitive strengths, the State Council's executive meeting chaired by Premier Li Keqiang decided on Tuesday.

Recent years have seen the rapid development of new forms and models of foreign trade. Such development has propelled the transformation and upgrading of the country's foreign trade as a whole, and played a vital role in stabilizing foreign trade amid the COVID-19 pandemic.

"New business forms and models, especially cross-border e-commerce, have become a vibrant force driving China's foreign trade. They also represent an important trend in the development of international trade," Li said.