Despite the headwinds from geopolitical tensions and softer overseas demand, policymakers and trade watchers have confidence that China's foreign trade will grow steadily in the long run, as the country takes further steps to ensure the operation of the global supply chains and accelerate the industrial upgrading pace of its export-oriented companies.

Chinese President Xi Jinping on Wednesday urged a joint global push to uphold true multilateralism and foster an open and sharing services economy to inject vitality into the world's economic recovery, at a time when the global economy is grappling with a conflux of the still-raging pandemic, geopolitical tensions and rising concern over a global recession.

Despite the global market turning jittery amid multiple uncertainties like the rising commodity prices, escalating geopolitical tensions and US Federal Reserve's more rounds of interest rate hikes, international investors still hold a positive outlook on renminbi assets and retain good exposure to the Chinese stock market.

The ongoing geopolitical risks are unlikely to send China's inflation soaring or derail the Chinese central bank's cycle of easing, experts said on Mar.2.

Although A-share market sentiment was impaired by growing global geopolitical tensions on Feb.24, a rebound and independent performance can be expected thanks to China's economy-stabilizing policies and dual-circulation development pattern, experts said.

The United States and NATO have laid bare their irresponsibility by adding fuel to the fire and intensifying tensions leading to military conflicts.

The escalating tensions between Russia and Ukraine will have a limited impact on China's grain market and food security, although it may affect global food supplies and push prices higher