China’s exports expect growth in 2023

China’s exports are expected to keep growing to make contributions to overall economic growth this year, according to a senior political advisor.

“There is still huge room for China’s exports to grow and the key is taking action toward the goal,” said Ning Jizhe, vice-chairman of the Economic Affairs Committee of the National Committee of the Chinese People’s Political Consultative Conference.

To stabilize export growth, it is important for China to produce and export products the world really needs, Ning said, who is also vice-chairman of the China Center for International Economic Exchanges.

Citing recent trade data, Ning said China is capable to turn challenges facing its exports into opportunities, as the global economy slows down and dampens external demand for Chinese products.

That is because, he said, China has a complete industrial chain system and energetic foreign trade market entities, which can flexibly adjust their products and services to adapt to external changes.
Source: China Daily