Commerce Minister Gao Hucheng said China is capable of putting its economic growth on afirmer footing although it didn't set up an exact growth target for foreign trade in the annualgovernment work report this year.
China didn't hit its growth target in foreign trade last year due to sluggish global demand anddropping commodity prices, but the decline in China's export growth rate was far lower than thatof other major economies, Gao said.
This is the fourth time that China set a trade growth target without giving a specific figure withinthe past 20 years.
"In addition to weak global demand, other uncertainties, such as fluctuation of foreign currenciesand policy adjustment in major economies, have had an impact on both global trade and China'sforeign trade volume," the minister said.
Gao said the dropping trade volume in the first two month of this year are mainly caused bycontinued weak global goods demand and the country's reduced trade activities during theweek-long Spring Festival holiday.
China's foreign trade volume reached $3.96 trillion in 2015, down 8 percent year-on-year, and itsforeign trade in goods, export value and total online retail sales ranked first in the world. Thecountry's total retail sales and trade in services ranked second globally.
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