China faces serious trade disputes: vice minister

22:04, January 26, 2011      

Email | Print | Subscribe | Comments | Forum 

China remained a major victim of trade protectionism during the past year, witnessing 64 trade disputes in this period, covering some 7 billion U.S. dollars in value, China's Vice Commerce Minister, Zhong Shan, said here Wednesday.

The country faced trade disputes with both developed countries and developing ones, which came from not only traditional sectors but also high-tech industries, he told a national conference on trade promotion.

For the short- and mid-term, China would work to maintain a stable growth in foreign trade and keep the growth rate higher than both the global level and China's economic growth, he said.

China would also strive to achieve a more balanced trade structure by boosting imports and outbound investment, to strengthen the quality and efficiency of foreign trade, he added.

China's foreign trade last year jumped 34.7 percent year on year to more than 2.97 trillion U.S. dollars, while its trade surplus fell 6.4 percent to 183.1 billion U.S. dollars.

Source:Xinhua
  • Do you have anything to say?

双语词典
dictionary

  
Special Coverage
  • Focus On China
  • Shanghai World Expo 2010
Major headlines
Editor's Pick
  • Andy Lau, Gong Li promote new film in Beijing
  • Launch of Hong Kong Ocean Park "Aqua City"
  • Clijsters beats Radwanska to enter Australian Open semifinal
  • India celebrates 62nd Republic Day
  • 16 prisoners escape in less than 24 hours in Brazilian city
  • Australia Day celerated in Melbourne, Sydney
Most Popular
Hot Forum Dicussion