China News Service, Beijing, June 16 (Reporter Li Xiaoyu) The year-on-year growth rate of China's total import and export value rose sharply to 9.6% in May, 9.5 percentage points higher than that in April.
However, China's Ministry of Commerce spokesperson Shu Jueting said on the 16th that the development of foreign trade will still face some uncertain and unstable factors in the future.
At the press conference held on the same day, Shu Jueting said that since May, foreign trade enterprises have resumed work and production in an orderly manner, the stagnation of the industrial chain and supply chain has gradually eased, and the effects of various policies to stabilize growth have gradually emerged.
Under this circumstance, the growth rate of imports and exports picked up in May, and the foreign trade sector showed a momentum of recovery.
Regarding the future trend of foreign trade, Shu Jueting said that the current and future development of foreign trade still faces some uncertain and unstable factors.
From an international perspective, the recovery of the world economy is fragile, resulting in weak growth in external demand.
From a domestic perspective, foreign trade enterprises still face problems in terms of cost, supply chain and logistics.
Shu Jueting said that despite this, there are still many favorable conditions to achieve stability and improvement of foreign trade this year, such as the gradual restoration of normal production and living order, the gradual opening of logistics blockages, and the advantages of China's foreign trade industry will be further brought into play. The superposition effect of these policies will be released; there will be more and more partners in free trade agreements, and the tax reduction and trade facilitation roles played by foreign trade agreements will also play an important role in promoting the development of foreign trade.
(Finish)