China’s foreign trade industry can withstand pressure and continue to grow this year, given the nation's industrial foundation and strong adaptability, Fu Linghui, spokesperson for the National Bureau of Statistics, told reporters on Monday.
Officials will promote trade diversification and step up support for export firms, including increased tax rebates, Fu added.
Fu said the China and U.S. agreement to reduce tariffs was conducive to world economic growth and increasing bilateral trade.
Senior Chinese leaders have recently pushed for a renewed trade agreement with the EU, a top European business leader in Beijing told MNI. (See MNI INTERVIEW:China Agreement Would Need Overhaul)