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China's foreign trade to regain momentum in H2
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China's foreign trade to regain momentum in H2

Views:0     Author:Site Editor     Publish Time: 2020-06-29      Origin:Site

China's foreign trade is expected to show a stable recovery in the second half of the year on the back of a notable improvement in the industrial, supply and service chains as well as from major trade events like the upcoming Canton Fair and the third China International Import Expo, industry experts said on Wednesday.

Since production and service sector operations have commenced in many countries, exports of China's non anti-epidemic materials will gradually recover, said Sang Baichuan, an economics professor at the University of International Business and Economics in Beijing.

Though there have been many uncertainties such as order cancellations and delays, as well as poor logistics in recent months, China's export-oriented companies must keep an eye on the actual demands in the international market, make timely adjustments to their product structure and deploy more resources for developing the domestic market so as to adapt to the new situation, they said.

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