Ministry to boost trade despite barriers

All necessary efforts will be made to stabilize and grow China’s foreign trade despite mounting barriers and challenges, government officials said on July 22.

For instance, export-oriented companies will receive all possible help to withstand the impact of the recent rises in shipping and commodity costs, they said.

Since higher shipping costs are hurting domestic manufacturers, the government will urge global shipping companies to adopt a long-term perspective over short-term considerations, so as to cherish the growth opportunities in the Asian market.

Source: World Trade Times