Date
19 August 2017

Foreign trade faces difficult environment next year, CNS says

Foreign trade will remain difficult next year and more efforts are needed to achieve growth, the China News Service reported Thursday, citing a Ministry of Commerce official. Song Lihong, deputy director of the ministry’s general department, voiced confidence that the country will achieve its 8 percent growth target for external trade this year, but there will be a lot of uncertainties and challenges next year. Outbound foreign investment is expected to see some improvement but risks remain as some countries are facing unstable economic conditions, the report said.

– Contact HKEJ digest@ejinsight.com

TL/AC/CG

 

 

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