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[Ferro-Alloys.com] China's foreign trade will maintain stable growth in the fourth quarter as its manufacturing sector is capable of scaling up production within a short period to supply necessary goods amid the global pandemic, officials and analysts said on Tuesday.

The country's foreign trade surged by 7.5 percent year-on-year to 8.88 trillion yuan ($1.32 trillion) in the third quarter of 2020, with exports soaring 10.2 percent and imports rising 4.3 percent, and its total volume of exports and imports reaching historic highs during this period, according to the General Administration of Customs.

The notable expansion of exports and imports will strongly support China's economic growth this year and make the nation the first major economy to recover from the impact of the COVID-19 pandemic, said Chu Jianfang, chief economist at CITIC Securities, adding that this will also help to mend disrupted global supply chains.

Click here for more information: Ferrosilicon Daily Express 10.16

 

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The 2nd China Manganese Rich-Slag Technology Innovation and Policy Summit

Beijing, China    Oct. 30-31 2020