China Lessens Dependence on U.S. Trade, Strengthens Global Partnerships
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.
China Trade
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China’s Booming Services Trade Hits Record $1 Trillion Milestone
Economic Transformation: China’s services trade exceeds $1 trillion for the first time, marking significant growth driven by digital innovation, tourism, and cultural exports.
EU Chamber Confident in China’s Trade Growth Amid Global Challenges
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 2024 Foreign Trade Hits Record High of $5.98 Trillion
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 Trade Soars: 4.9% Growth in First 11 Months
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 Surges Nearly 5% in First 11 Months of 2024
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.
China’s Foreign Trade Grows 4.9% in First 11 Months
China’s foreign trade rose 4.9% in the first 11 months, reflecting steady economic growth, according to official data released on Tuesday.
China Unveils Ambitious Plan to Modernize Trade and Boost Rural Markets
China has unveiled a new action plan to modernize its trade system, focusing on boosting rural markets and enhancing logistics. The initiative aims to connect markets and promote high-quality development by 2027.
China Tightens Dual-Use Export Controls to the U.S.
China’s Ministry of Commerce tightens export controls on dual-use items to the U.S., prohibiting military-related exports to safeguard national security.
China’s Trade Boom Highlights Resilient Supply Chains
China’s foreign trade reaches record highs, showcasing the resilience and strength of its industrial and supply chains, and highlighting its pivotal role in global trade.