November 12, 2018 / 8:43 AM / a month ago

China's trade faces more severe, complicated situation in 2019

Containers and trucks are seen at a terminal of the Qingdao port in Shandong province, China November 8, 2018. REUTERS/Stringer ATTENTION EDITORS - THIS IMAGE WAS PROVIDED BY A THIRD PARTY. CHINA OUT.

BEIJING (Reuters) - China’s foreign trade will face a more severe and complicated situation in 2019 and government will push the implementation of policies to ease burdens on exporters and importers, the commerce ministry said on Monday.

Currently, Sino-U.S. trade frictions have limited impact on China’s foreign trade sector, the ministry said in a statement on its website, while noting that the relatively high base for trade data in the last quarter in 2017 is expected to have an adverse impact on China’s export and import growth in the same period this year.

In another report on China’s services import situation in 2018, the commerce ministry reiterated its pledge to further ease market access restrictions for the services sector.

Reporting by Beijing Monitoring Desk

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