The China's Foreign Trade Report of 2005 Spring released by the Ministry of Commerce (MOFCOM) on Thursday says China strongly opposes any practices by WTO members to prolong the quota system in disguised forms. However, China does not encourage enterprises expanding share in international market by simply increasingly export quantity. Rather China hopes to gradually raise product quality and added value through technological advances so as to realize stable transition of textile trade.

The report was jointly issued by the MOFCOM's Planning and Finance Department and Chinese Academy of International Trade and Economic Cooperation. It is dubbed China's "blue paper" of foreign trade. It is released twice a year in Spring and then in Autumn. It is of important reference value for discerning China's foreign trade development.

By People's Daily Online