Steps to lift trade will spur exports
China's latest measures to boost foreign trade, coupled with the sector's strong growth in the fourth quarter, will secure the country's exports and jobs in 2024, said analysts and business leaders on Wednesday.
The country in the past had emphasized long-term advantages, such as a well-developed industrial system and competitive labor quality, for foreign trade growth. However, it is currently paying more attention to new trade drivers and seeking additional growth avenues for exports, they added.
As positive factors continue to take effect in the fourth quarter, China's foreign trade value reached 3.7 trillion yuan ($515 billion) in November, up 1.2 percent year-on-year, data from the General Administration of Customs showed.