by Amanda Lee at scmp.com
China’s commerce minister said his office would press on to promote its “Made in China” strategy amid growing efforts from foreign investors to diversify their portfolios, but it would not shy away from protecting against “unreasonable sanctions and suppression”.
“The difficulties and challenges facing China’s foreign trade development cannot be ignored, but favourable conditions are stronger than the unfavourable factors,” said Wang in a Thursday interview with state media outlet People’s Daily. “It is expected that China will remain the largest country in goods trade in 2023.”
“We will continue to build the Invest in China brand and attract more foreign investment to Made in China and Service in China,” Wang said, referring to government initiatives to bed more economic activity in the country. Overseas companies, he added, will not only be “in China for China” – they will be “in China for the world”.