
China’s Foreign Trade Steady in Early 2025 Amid Global Challenges
China’s foreign trade remains steady in early 2025, with total goods trade reaching 6.54 trillion yuan ($912.07 billion), signaling resilience amid global challenges.
News for people and friends
China’s foreign trade remains steady in early 2025, with total goods trade reaching 6.54 trillion yuan ($912.07 billion), signaling resilience amid global challenges.
China adapts to shifting global trade challenges by leveraging its strong economy and diversifying export markets, maintaining its position as the world’s leading exporter.
Recent US tariff increases on imports from the Chinese mainland may end up hurting American consumers, as prices on everyday electronics and goods are expected to rise.
Chinese trade group CCCME criticizes U.S. tariffs on Chinese goods, calling them a violation of WTO rules and warning of harm to businesses and consumers in both countries.
China is reducing its dependence on U.S. trade, strengthening ties with ASEAN and the EU, and boosting domestic consumption as a key driver of economic growth.
Economic Transformation: China’s services trade exceeds $1 trillion for the first time, marking significant growth driven by digital innovation, tourism, and cultural exports.
The EU Chamber of Commerce in China expresses confidence in China’s trade growth despite global challenges, highlighting potential mutual benefits between China and the EU.
China’s foreign trade surged to a record 43.85 trillion yuan ($5.98 trillion) in 2024, marking a 5% year-on-year growth, according to the General Administration of Customs.
China’s foreign trade grew by 4.9% in the first 11 months, with exports up 6.7% and imports up 2.4%, signaling robust economic activity.
China’s foreign trade reached 39.79 trillion yuan ($5.49 trillion) in the first 11 months of 2024, increasing by 4.9% year on year, driven by significant growth in exports and imports.