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3/26, 9:18 AM (Source: TeleTrader)
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China's imports affected by pandemic - MOFCOM

Chinese Ministry of Commerce (MOFCOM) warned on Thursday the country's imports have been impacted by the ongoing COVID-19 pandemic.

Imports of electric machinery, transport equipment, and energy and chemical products have felt the brunt of the pandemic's effects, the ministry's officials said, adding the country plans to further expand purchases in areas such as agriculture.

Further, Beijing will encourage local governments to implement measures to support the sales of cars and new energy vehicles, MOFCOM stated.

Breaking the News / MD