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Chinas foreign trade is steadily growing, with continuous release of innovation momentum

2024-05-22 16:54:35

Against the backdrop of the complex and ever-changing global trade situation, China's foreign trade continues to demonstrate strong resilience and vitality. Recently, data released by the General Administration of Customs shows that in the first four months of this year, China's total import and export value reached a record level, with significant year-on-year growth, continuing to lead the global trade market.

According to customs statistics, from January to April this year, the total import and export value of China's goods trade reached XX trillion yuan, a year-on-year increase of XX%, far exceeding the global average. Among them, the total export volume increased by XX% year-on-year, and the total import volume increased by XX% year-on-year, achieving a stable and rapid growth trend.

The achievement is attributed to the Chinese government's unwavering promotion of high-level opening-up, continuous optimization of the business environment, and the active response of foreign trade enterprises to challenges and continuous innovation and development.

In terms of exports, traditional advantageous commodities such as Chinese electromechanical products and high-tech products continue to maintain stable growth. At the same time, new forms and models of foreign trade such as cross-border e-commerce and market procurement trade are rapidly developing, becoming new driving forces for foreign trade growth. Especially with the booming development of the digital economy, the scale of China's cross-border e-commerce imports and exports continues to expand, becoming a new highlight of foreign trade growth.

In terms of imports, China actively expands imports and promotes balanced trade development. On the one hand, China's demand for imported resource-based goods, consumer goods, and other goods continues to grow, meeting the diversified needs of the domestic market; On the other hand, China actively participates in global governance, promotes trade liberalization and facilitation, and injects momentum into global economic growth.

In addition, the growth of China's foreign trade also benefits from the implementation of free trade agreements such as the Regional Comprehensive Economic Partnership (RCEP). The entry into force of these free trade agreements has provided more convenience and opportunities for trade between China and ASEAN and other member countries, promoting the high-quality development of China's foreign trade.

Looking ahead, China's foreign trade will continue to maintain a steady growth trend. The Chinese government will continue to deepen reform and opening up, promote innovative development in foreign trade, strengthen cooperation and exchanges with the international market, and jointly address global challenges. At the same time, Chinese foreign trade enterprises will actively embrace new technological revolutions such as digitization and intelligence, continuously improve their competitiveness and innovation capabilities, and make greater contributions to the prosperity and development of the global trade market.


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