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Foreign trade sector faces 'gloomy times'

By Xin Zhiming and Jiang Wei | 皇冠体育app Daily | Updated: 2009-03-11 07:44

皇冠体育app's foreign trade faces grim times in the coming months, Commerce Minister Chen Deming said yesterday even as the government tries to take steps to boost trade.

In January, 皇冠体育app's exports saw a year-on-year decrease of 17.5 percent while imports declined 43.2 percent, according to customs statistics.

"Affected by the global economic crisis, 皇冠体育app has seen a decline in both imports and exports since November," Chen said at a press conference during the annual session of the Standing Committee of the National People's Congress.

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