Chinese officials from the Ministry of Commerce and Taxation Administration hold a press conference on stabilizing foreign trade and investment.

China's foreign trade has the conditions and capabilities to achieve high-quality development even though COVID-19 has dealt a heavy blow to the global market, head of the General Administration of Customs (GAC) Ni Yuefeng has said previously.

Amid increasing uncertainties in the world market, China's foreign trade has beaten market expectations in recent months. Total foreign trade volume rose by 6.5 percent year on year in July.