China Takes Measures to Stabilize Foreign Trade and Investment

To deal with the complicated, grim situation facing foreign trade and foreign investment, the China Council for the Promotion of International Trade (CCPIT) is planning to mobilize sub-councils across the country to take various measures, according to a CCPIT spokesman.

As reported by foreign trade enterprises, the main problems bothering them include the following: high sea freight charges, the continually rising prices of energy and raw materials, bottlenecks in global supply chains such as the shortage of chips and other important materials, and uncertainties caused by the Russia-ukraine conflict.

Statistics from CCPIT show that in 2021, China’s outbound investment grew by 2.2 percent year-on-year. Among the new risks and challenges now faced by Chinese enterprises in their overseas investments, the epidemic and political instabilities are the most pressing non-commercial factors.