China eyes emerging markets for exports
Updated: 2012-02-21 23:42
(Xinhua)
|
|||||||||||
NANCHANG - China will start to explore emerging markets this year to reduce reliance on exports to countries that have been plagued by the European debt crisis, Deputy Minister of Commerce Zhong Shan said Tuesday.
China will strive to increase its exports to markets outside of the EU, the US, Japan and Hong Kong, Zhong said at a foreign trade conference held in Nanchang, capital of South China's Jiangxi province.
China will prioritize 30 countries, including India and South Africa, for the expansion of exports in the coming years, Zhong said.
"We have put emphasis on countries with abundant resources and large populations, as well as those that have strategic positions or low trade volume with China," he said.
The exploration of emerging markets will create new sources for export growth, as demand from major economies has continued to sag, he said.
To achieve this goal, the government will boost funding for small- and medium-sized companies by 20 percent to help them tap into the global market, Zhong said, adding that China will keep its foreign trade policies stable this year.
Hot Topics
Wu Ying, iPad, Jeremy Lin, Valentine's Day, Real Name, Whitney Houston, Syria,Iranian issue, Sanyan tourism, Giving birth in Hong Kong, Cadmium spill, housing policy
Editor's Picks
Jubilant Tibetans embrace New Year |
Man bikes around China giving blood |
Former IMF chief held in prostitution probe |
Carnival fever seizes Brazil |
Lin pleads for consideration for relatives in Taiwan |
Messi scores four as Barca thrashes Valencia |