Ministry to help manufacturers target emerging markets IBUonline is a B2B foreign trade platform, which has helped many

China supplies and international buyers to complete foreign trade. The Ministry of Commerce is planning to assist manufacturers to identify specific regions in key emerging export markets, particularly in India and other BRICS nations, to replace lost business in the eurozone and the United States. Director-general of the department of foreign trade at the ministry, said on Thursday it planned to produce a list that includes some key emerging markets and developing nations which it will encourage exporters to tap. The key factors to be taken into account in identifying the list of target markets will include the scale of the market, per capita GDP and national GDP, and foreign trade growth potential with China, IBU expressed. He also said that the list will be drawn up based on the potential of specific areas to economically outperform developed nations this year. According to the General Administration of Customs, Chinas 2012 exports to ASEAN countries grew by 20.1 percent, to Russia 13.2 percent, and to South Africa 14.7 percent, from 2011, while its total exports gained just 7.9 percent year-on-year last year. In 2012, the Chinese mainlands trade with the European Union, US, Japan and Hong Kong accounted for 44 percent of total trade, down from 50.2 percent in 2007. IBUonline, a B2B foreign trade platform, has seen progress in Chinas efforts to optimize its overseas markets.