China's commerce ministry holds meeting with trade companies, vows full support for firms to overcome difficulties

May 13, 2025 07:17:54 PM
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China's commerce ministry holds meeting with trade companies, vows full support for firms to overcome difficulties

(Global Times) 09:05, May 13, 2025

China

Recent high-level economic and trade talks between China and the US reached important consensus and made substantial progress, laying the foundation and creating conditions for further bridging differences and deepening cooperation, the commerce minister said.

Looking ahead, the MOFCOM will coordinate domestic economic efforts with international economic and trade challenges, and work together with relevant departments to fully support foreign trade enterprises in overcoming difficulties. It will provide more support to help foreign trade enterprises expand markets and promote the stable development of foreign trade.

Officials with government departments including the MOFCOM, the Ministry of Finance and the National Financial Regulatory Administration responded to questions and suggestions from business representatives, according to the MOFCOM statement.

Also at the meeting, representatives from participating enterprises and chambers of commerce expressed confidence in their ability to withstand external shocks and achieve steady business development.

According to the General Administration of Customs (GAC), in the first four months of 2025, China's total value of goods trade reached 14.14 trillion yuan ($1.95 trillion), an increase of 2.4 percent year-on-year. Against the backdrop of a complex and volatile global economic environment, China's foreign trade has maintained steady growth, underscoring strong resilience and vitality, the GAC said.

(Web editor: Zhong Wenxing, Liang Jun)

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