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China's decision to hold the Canton Fair online under such unique circumstances is conducive to the safe and smooth operation of the global industrial and supply chains and stable foreign trade and investment, said Ren Hongbin, assistant minister of commerce. The fair will also safeguard the multilateral trading system and boost economic globalization, he said.
China's exports dropped by 4.7 percent on a yearly basis to 6.2 trillion yuan between January and May and imports fell by 5.2 percent to 5.34 trillion yuan, the Customs data showed.
China's cross-border e-commerce sector has been growing exponentially over the past few years as the country's middle- and high-income shoppers are demanding increasingly diversified and personalized products and services.
China's foreign exchange (forex) market in May recorded a turnover of 15.67 trillion yuan, or .21 trillion. [Photo/Sipa]
China's development cannot be separated from the rest of the world, and the world's development cannot be separated from China, Vice-President Wang Qishan said on Monday.
来源：资阳报