Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Trade

COVID-19 epidemic to have temporary impact on China's foreign trade

March 06, 2020


Abstract : The ongoing novel coronavirus epidemic will only have a temporary impact on China's foreign trade, a commerce official said Thursday.

BEIJING, March 5 (Xinhua) -- The ongoing novel coronavirus epidemic will only have a temporary impact on China's foreign trade, a commerce official said Thursday.

China has rolled out a slew of supportive measures to help foreign trade enterprises resume production and reduce the fallout from the outbreak, Li Xingqian, director of the Department of Foreign Trade of the Ministry of Commerce, told an online press conference.

All of the key foreign trade firms in Zhejiang and Tianjin have resumed operations, while over 70 percent of foreign trade companies in Guangdong, Jiangsu, Shanghai, Shandong and Chongqing have resumed production.

With support policies taking effect and more companies returning to work, the country's foreign trade has shown a recovery, Li said.

Although China's exports and imports will be inevitably lower during the first quarter, Li said the positive development trend of the country's foreign trade will not change in the long term.

The ministry will continue to enrich its policy toolkit, aid foreign trade enterprises with more precise measures, help them resume production and maintain the stability of the global supply chain, Li said.

Scan the QR code and push it to your mobile phone

Keyword: foreign trade epidemic control

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial