China holds its first International Trade Facilitation Forum

Being one of the main engines of economic development, China’s foreign trade has realized unprecedented achievements. In recent years, however, under the influence of the global financial crisis, challenges have come to the fore, such as slower growth in the world economy, sluggish demand, trade protectionism, more frequent international trade friction, unstable exchange rates and fluctuating commodity prices. On the domestic front, operating costs for national businesses are increasing, industrial restructuring is encountering difficulties, and competition is intensifying.