Five measures to boost exports to China proposed

The five measures, which were proposed by commerce experts in attendance, focus on creating the necessary trade facilities and goods delivery system at border gates with China, as well as making full information on the country’s market and trade policies available.

Vietnam’s exports composed just 0.4 percent of China’s total imports in 2008 (4.53 billion USD out of 1.13 trillion USD), Deputy Minister of Commerce and Industry Nguyen Thanh Bien said, adding that the country, which has been Vietnam’s largest trading partner since 2004, is still a potential market for Vietnamese exporters.

In order to reduce the trade deficit with China, it is necessary for Vietnam to increase its exports to the neighbouring country, he noted.