ECONOMY

Foreign Trade

Firms in the foreign trade sector reported improvements in new orders and operation costs in the second quarter of the year, according to a survey conducted by the China Council for the Promotion of International Trade (CCPIT).

During the period, 25.43 percent of surveyed firms saw quarteron-quarter growth in trade volume, and 19.98 percent and 22.65 percent respectively reported expansions in profits and new orders.

For 55.97 percent of respondents, the acceleration of export tax rebates played the biggest role in easing cash strains.

The survey results showed that foreign trade companies remain optimistic about their development