At a recent press conference, China's Ministry of Commerce responded to the current situation of foreign trade and foreign investment, demonstrating the vitality and potential of China's economy on a global scale.
First of all, the Ministry of Commerce made a positive assessment of the development of Sino-Vietnamese economic and trade relations. The two sides will strengthen pragmatic cooperation and improve quality and upgrade. The measures include ensuring bilateral unimpeded cooperation, strengthening cooperation in emerging fields, expanding the space for agricultural economic and trade cooperation, and deepening multilateral cooperation.
In terms of foreign trade, China's goods have shown a steady upward momentum, and the growth rate of imports and exports has continued to pick up in recent months. In particular, the export volume has increased year-on-year since August, and the export volume in November increased by 12%. In addition, external demand showed signs of recovery, and exports to the United States ended a 14-month decline and turned to growth of 96%。Enterprises are expected to continue to improve, and the export orders of foreign trade enterprises have improved for six consecutive months. Cross-border e-commerce performed well during the holiday shopping season, with some platforms more than tripling their turnover in the European and American markets.
In terms of foreign investment, although the amount of foreign capital actually used in the country has fluctuated to a certain extent since the beginning of this year, the scale of investment is still at a historical high. Canada, the United Kingdom, France, Switzerland, the Netherlands and other countries have all seen significant growth in their actual investment in China. China is committed to building a first-class business environment that is market-oriented, law-based and internationalized, and better serves foreign-invested enterprises. The Ministry of Commerce is implementing the "24 Measures to Stabilize Foreign Investment" policy and has introduced a number of specific measures to optimize the business environment for foreign-funded enterprises in China.
To sum up, China's foreign trade and foreign investment situation has shown a steady and progressive development trend. China is making important contributions to the global economy through diversified cooperation strategies, active policy support and continued market opening. With the deepening of international cooperation and the effective implementation of domestic economic policies, China's foreign trade and foreign investment are expected to continue to maintain a good momentum of development.
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