China's trade and foreign investment both grew in 2020 despite the epidemic, but the situation this year is still grim and complicated, said Wang Wentao, China's Minister of Commerce, on February 24.

At a press conference on the same day, Wang Wentao said that the epidemic still has unclear and uncertain factors as it keeps fluctuating, and the factors affecting the stability of the industrial chain and supply chain still exist, so China's foreign trade situation this year is still grim and complicated. In terms of attracting foreign investment, there are also uncertainties in the stabilization of foreign investment due to the uncertainty of the epidemic and economic recovery prospects and the fierce competition in international investment attraction.