Foreign Trade

Q:

What policies will the Ministry of Commerce adopt to help export enterprises mitigate the negative impacts of trade tariffs?

A:

This year, the risks and challenges faced by China’s foreign trade development have significantly increased.

Q:

Could you brief us on the measures that the Ministry of Commerce will take to promote the integration of domestic and foreign trade and help foreign trade enterprises expand their sales in China?

A:

Thank you for your interest in the integration of domestic and foreign trade. Promoting the integration of domestic and foreign trade is crucial for.....

Q:

Vice Premier Ding Xuexiang said at the World Economic Forum that China will promote trade balance by importing more quality products and services. How will MOFCOM shore up imports this year? How to see the prospect of imports in 2025?

A:

Actively expanding imports shows China taking initiative to shoulder its responsibility as a big country...

Q:

The China (Xinjiang) Pilot Free Trade Zone is about to celebrate its first anniversary. What achievements have been made in aligning with the high-standard economic and trade rules?

A:

The China (Xinjiang) Pilot Free Trade Zone is about to celebrate its first anniversary. What achievements have been made in aligning with the high...

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Bilateral & Multilateral Relations

Q:

Could you please introduce the current state of China-Vietnam economic, trade and investment cooperation? What are the prospects for future economic and trade cooperation between the two countries?

A:

In recent years, China-Vietnam economic and trade cooperation has developed steadily. I would like to share some data...

Q:

The sixth China-Japan High-level Economic Dialogue will be held again on March 22 after six years. What are the expectations of the Ministry of Commerce for this dialogue?

A:

After mutual consultations, the sixth China-Japan High-level Economic Dialoguewill be held in Tokyo, Japan, on March 22. The China-Japan relationship ...

Q:

Last week, a Japanese business delegation visited Beijing and exchanged views with Minister of Commerce. What is China's comment and what is China's expectation for future economic and trade cooperation with Japan?

A:

On February 18, Minister Wang Wentao met with a Japanese business delegation in Beijing.

Q:

According to the website of the Ministry of Commerce, the the China-Maldives Free Trade Agreement and the China-Singapore FTA Upgrade Protocol have come into effect recently. Could you give us more details?

A:

The resolution of the third Plenary Session of the 20th CPC Central Committee set out to expand the global network of...

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Belt and Road

Q:

Second, as Italy has formally informed China of its decision to end its participation in the Belt and Road Initiative (BRI), will this affect trade and economic cooperation between the two countries?(2023-12-14)

A:

On your second question. The BRI, proposed a decade ago, has attracted over 150 countries and partners in various fields and delivered concrete benefi...

Q:

In the first three quarters, the import and export of China with BRI partner countries amounted to 14.32 trillion yuan, up 3.1% year-on-year, accounting for 46.5% of the total import and export. What measures will be taken in the next step to further promote economic and trade cooperation with the B...

A:

Last week, the Third Belt and Road Forum for International Cooperation (BRF) was successfully held

Q:

Italian Foreign Minister Antonio Tajani has concluded his visit to China. Whether Italy will quit the Belt and Road Initiative has been under the spotlight during his visit to China. Tajani said Italy’s participation in the Belt and Road Initiative is a decision made in the past, and whether it is t...

A:

China and Italy are located at the two ends of the ancient Silk Road. The two countries share extensive common interests and deep roots for cooperatio...

Q:

This year marks the 10th anniversary of the inception of Belt and Road Initiative. MOFCOM said that this year more FTAs with interested Belt and Road countries will be negotiated and signed and an FTA network covering the Belt and Road will be built at a quicker pace. What steps has MOFCOM taken and...

A:

: After years of unremitting efforts, China has signed FTAs with 18 partners along the Belt and Road, including 10 ASEAN members, Chile, and New Zeala...

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Foreign Investment

Q:

What measures does MOFCOM plan to take in 2025 to further attract foreign investment? Will MOFCOM continue to hold “Invest in China” activities?

A:

In 2025, MOFCOM will resolutely implement the decisions and plans of the CPC Central Committee and the State Council by intensifying...

Q:

After the two sessions, many foreign-invested enterprises are very concerned about the measures and activities the Ministry of Commerce will implement this year to stabilize foreign investment. Could the spokesperson briefly introduce them?

A:

Since the beginning of this year, the Ministry of Commerce, together with competent departments, has continued to collect common issues and needs refl...

Q:

During the China Development Forum, many foreign executives visited China. We noted that leaders of the Ministry of Commerce have recently met intensively with senior executives of foreign companies. Could you brief us on these meetings?

A:

Recently, many senior executives of multinational companies are visiting China. Leaders of the Ministry of Commerce met with...

Q:

How will MOFCOM implement the instructions from President Xi’s speech and further improve efforts to attract and utilize foreign investment?

A:

President Xi Jinping’s important speech during the meeting with international business representatives has significantly boosted foreign investors’ co...

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Service Trade

Q:

At the recent press conference on economic work before the two sessions, Minister Wang Wentao mentioned that the Ministry of Commerce will organize the "Chinese Food Festival" and other activities. What will MOFCOM do next?

A:

As the saying goes, food is the foundation of the people’s livelihood. In 2024, catering consumption reached 5.57 trillion yuan....

Q:

Recently, the State Council held an executive meeting to study work related to service trade and service consumption. What has the Ministry of Commerce done in this regard? What measures will be taken to implement the requirements?

A:

Developing service trade and service consumption is crucial for stabilizing foreign trade and expanding domestic demand.

Q:

The opening ceremony of the 2024 CIFTIS was held this morning. President Xi sent his congratulatory message. What are the expectations for this year's CIFTIS? What is the plan of the Ministry of Commerce for developing trade in services?

A:

This morning, President Xi Jinping sent a congratulatory letter to CIFTIS 2024, sharing his vision to promote cooperation and...

Q:

Recently, Chinese Premier Li Qiang met with Belarusian President Alexander Lukashenko at the Palace of Independence in Belarus. Could you brief us on how to further tap the potential of bilateral trade and economic cooperation?

A:

China and Belarus are each other’s all-weather comprehensive strategic partner. Under the strategic guidance of the two heads of state...

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Press Conference