Economic news
China faces growing pressure to stabilise imports, exports: vice commerce minister
2022.09.27 04:24
© Reuters. FILE PHOTO: Chinese Vice Commerce Minister and Deputy International Trade Representative Wang Shouwen attends a news conference on the state of trade negotiations with U.S. in Beijing, China December 13, 2019. REUTERS/Jason Lee
BEIJING (Reuters) – China is facing growing pressure to stabilise its imports and exports and the major challenge is the slowing growth of external demand, vice commerce minister Wang Shouwen said at a press conference in Beijing on Tuesday.
The ministry on the same day released a slew of measures to stabilise the foreign trade sector, including supporting second-hand auto exports in some areas and order delivery.