Home » Multiple measures help cultivate new momentum for foreign trade – China Daily

Multiple measures help cultivate new momentum for foreign trade – China Daily

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China Council for the Promotion of International Trade (CCPIT) is taking multiple measures to cultivate new momentum for foreign trade, according to a recent article published by “Economic Information Daily.” The announcement comes after CCPIT Spokesperson, Yang Fan, introduced the organization’s plans at a regular press conference in January.

Among the measures outlined, CCPIT is set to host the second Chain Expo from November 26 to 30, 2024. The Expo will focus on smart automobile chains, green agricultural chains, clean energy chains, digital technology chains, and healthy life chains. The goal is to optimize the display logic and amplify the spillover effect of the event.

In addition to the Expo, CCPIT plans to build high-quality economic and trade platforms and continue organizing key activities such as the 2024 Global Trade and Investment Promotion Summit, the Guangdong-Hong Kong-Macao Greater Bay Area Development Business Conference, and the Global Business and Law Conference. Moreover, the organization is looking to support the development of new foreign trade formats and strengthen commercial legal services.

Yang Fan emphasized the need for these measures in the current global economic climate, citing trade protectionism, geopolitical conflicts, and uncertain factors such as the recent obstruction of the Red Sea shipping channel. However, he also highlighted the resilience, potential, and vitality of China’s economy, expressing confidence in the country’s ability to accelerate new momentum for trade development and consolidate the fundamentals of foreign trade and foreign investment.

Overall, the CCPIT’s comprehensive approach aims to support Chinese enterprises in expanding their international trade and investment activities while navigating the challenges presented by the global economic landscape.

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[Editor in charge: Gao Linlin]

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