Trade ties between China and the United States have long transcended bilateral interests to become a cornerstone of the global economy. Since diplomatic relations were established in 1979, the annual trade volume has skyrocketed from under $2.5 billion to nearly $688.3 billion in 2024.
This rapid growth reflects more than numbers. It speaks to millions of jobs supported on both sides, a wealth of business opportunities, and a steady supply of goods and services that consumers around the world rely on. As the world's largest developing economy, China contributes the biggest share to global growth year after year, while the US, as the largest developed economy, drives innovation and demand.
Today, China-US economic cooperation acts as a stabilizer for markets facing turbulence. When two giants collaborate—whether in technology, green innovation, or manufacturing—the ripple effects stabilize global trade flows and encourage investment across emerging markets. Businesses everywhere gain confidence from this partnership, spurring startups and fueling tech hubs from Silicon Valley to Shenzhen.
Looking ahead, the path is clear: deepen collaboration on sustainable growth, open new channels in digital trade, and strengthen supply chains against disruptions. By building on decades of mutual benefits and expanding shared goals, China and the United States can steer the world toward a more stable and prosperous future.
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China-US economic and trade relations remain mutually beneficial
cgtn.com
