China will work to maintain rapid and sound growth in foreign
trade in the coming five years, when it is to push forward economic
restructuring, improve the competitiveness of its national economy
and promote the steady increase of its foreign exchange reserves,
an official said in Beijing Tuesday, December 26.
At a three-day
national conference on foreign trade, which opened Tuesday,
State Councilor Wu Yi also lined out China's major targets
for the coming five years.
The goals include
boosting foreign trade growth at a slightly higher rate than
that of the national economy, expanding foreign trade with
science and technology, increasing the competitiveness of
the service trade and absorbing more funds from overseas.
At the same time,
China will continue to provide technical and economic assistance
to other countries, step up the restructuring of its foreign
trade management system and set up and perfect a legal system
that governs China's foreign trade, she said.
Wu, who is also
an alternate member of the Political Bureau of the Communist
Party of China Central Committee, said that in 2001, China
will further improve management and standardize the operations
of foreign trade enterprises when it is preparing for entering
the World Trade Organization.
China's foreign
trade has overcome the impact of the Asian financial crisis
over the past five years and has become an important force
in boosting China's national economy, she said.
(Xinhua 12/26/2000)
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