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China's insistence in holding the Canton Fair online despite the epidemic shows that the country's determination and confidence to promote foreign trade development and opening-up will not change, said Bai Ming, deputy director of the international market research institute under the China Academy of International Trade and Economic Cooperation.
China's domestically produced cars are more internationally competitive than they were five or 10 years ago, meaning that the country's recent opening-up measures in the auto sector will have a smaller impact, according to Paul Gong, executive director of UBS Investment Research Asia Autos.
China's foreign trade volume totaled 9.07 trillion yuan (.28 trillion) in the first four months of this year, declining 4.9 percent year-on-year, data released by the General Administration of Customs showed on Thursday.
China's economy ended on a strong footing in 2017 with a better-than-expected growth rate of 6.9 percent. Official data showed an improved economic structure, with new growth drivers emerging and outdated capacity decreasing.
China's competitive advantage in the global supply chain has not been shaken by the novel coronavirus outbreak and the country will remain a hot spot for foreign investment, commerce officials said on Friday.
来源：资阳报