In the first quarter of this year, China’s foreign trade in goods expanded 1.3% year-on-year to reach 10.3 trillion yuan in yuan-denominated terms, according to data from the General Administration of Customs. The country’s export volume soared by 6.9%, reaching 6.13 trillion yuan. A top official confidently remarked that "the sky won't fall" for Chinese exports despite the challenging global backdrop.
ASEAN remained a key pillar of this growth, emerging as China’s largest trading partner with total trade increasing by 7.1% to 1.71 trillion yuan. This figure accounts for 16.6% of China’s overall foreign trade. Within ASEAN, Vietnam has notably ascended as China’s largest partner, highlighting the strength and depth of regional economic ties.
The robust figures serve as a dynamic illustration for entrepreneurs, tech enthusiasts, and young global citizens alike. They demonstrate that even amid external headwinds, focused trade strategies and regional partnerships can drive impressive economic momentum. For forward-thinking innovators and changemakers, these results underscore the critical role of integrated global networks in shaping resilient economic futures.
As international markets evolve, the first quarter’s trade performance reaffirms the power of collaboration and strategic planning. It also sets the stage for continued economic growth through sustainable, mutually beneficial partnerships, inspiring a new generation of leaders to engage with the world’s market dynamics.
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Graphics: China's foreign trade grows in Q1 on strong ties with ASEAN
cgtn.com
