Global marketing network to lift trade

CHINA is trying to address the slowing foreign trade growth by accelerating the building of an international marketing network to facilitate trade, officials said yesterday.

The world's second-largest economy should break the "bottleneck" of foreign trade by creating "fresh advantages" in technology, brands, quality and service, Vice Minister of Commerce Zhong Shan told a meeting on the building of an international marketing network.

The Ministry of Commerce said China's foreign trade would grow 6 percent in 2012, below the economic growth goal of 7.5 percent.

In the first 10 months of this year, China's foreign trade rose 6.3 percent from a year earlier while the growth rate further slipped in November, according to the ministry.