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MOFCOM Holds Roundtable Meeting with Foreign Trade Enterprises

On September 9, Li Chenggang, China International Trade Representative and Vice Minister of Commerce, presided over a roundtable meeting with foreign trade enterprises. Representatives from 12 foreign trade companies, six import and export chambers of commerce, and experts from Shanghai University of Finance and Economics attended the meeting to discuss the current international economic and trade tensions and measures to support the development of foreign trade enterprises.

Li Chenggang emphasized that the CPC Central Committee attaches great importance to foreign trade work. He noted that despite complex and challenging external conditions, China's foreign trade has withstood pressures this year, maintaining stability while achieving progress. Over the past few months, guided by the important consensus reached by the heads of state of China and the United States, the two countries' economic and trade teams have held economic and trade meetings in Geneva, London, and Stockholm, achieving positive consensus and expediting the implementation of relevant outcomes to stabilize bilateral economic and trade relations. Looking ahead, MOFCOM will collaborate with relevant authorities to fully implement policies aimed at stabilizing foreign trade. Efforts will focus on addressing foreign trade enterprises' difficulties, fostering a favorable external environment for their exploring of international markets, cultivating new drivers for trade growth, and stabilizing the fundamentals of China's foreign trade.

Representatives from MOFCOM, the National Development and Reform Commission, Ministry of Industry and Information Technology, People's Bank of China, National Financial Regulatory Administration, the Export-Import Bank of China, and China Export & Credit Insurance Corporation responded to the issues and suggestions raised by enterprises. Participants from the business sector and chambers of commerce expressed confidence in navigating external risks and challenges to achieve steady business development.