Ministry Of Commerce: Flexible And Prudent Adjustment Of Foreign Trade Policy
Over the past 7 years, the contribution rate of trade exports to GDP has reached 17%. Today, the "hero" is struggling, and a series of supporting policies are in danger.
Chen Deming, Minister of Commerce, has said that the Ministry of Commerce will increase its efforts in maintaining steady export growth, actively expanding consumption, optimizing the utilization of foreign investment structure, and improving the level of foreign economic cooperation, constantly improving its services, further promoting relevant policies and making efforts to create favorable conditions for local business and enterprise development. At the same time, the Ministry of Commerce has begun research on 4 topics, including the steady growth of import and export.
Following the export growth of 22.3% in the first 3 quarters, the Ministry of Commerce revealed that exports grew by more than 20% in October. Although the growth rate of exports to the United States declined, the export growth in the first 3 quarters to India and South Korea exceeded 40%, while the export to Germany increased by more than 27.8%.
A few days ago, Chai Haitao, director of the Policy Research Office of the Ministry of Commerce, said in an interview with our reporter that the Ministry of Commerce will adjust the foreign trade policy flexibly and prudently according to the world economic environment and the next trend of the domestic economy.
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