China 2013 trade growth to miss official target, FDI to hit record high

BEIJING: China's total exports and imports are expected to reach US$4.14tril in 2013, Commerce Minister Gao Hucheng said on Friday, a figure that indicates an annual trade growth rate of 7%, a touch lower than the official target of 8%.

The ministry will step up efforts to maintain steady trade growth in 2014 and further balance trade structure by increasing imports of raw materials and energy products, he said.