
China’s Trade Soars to $5.98 Trillion in 2024, Setting New Records
China’s foreign trade hits a record $5.98 trillion in 2024, driven by a surge in exports and high-end equipment. Exports grow for the eighth consecutive year.
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China’s foreign trade hits a record $5.98 trillion in 2024, driven by a surge in exports and high-end equipment. Exports grow for the eighth consecutive year.
China’s foreign trade reached a record $6.1 trillion in 2024, driven by a 7.1% surge in exports and strategic policy measures enhancing trade facilitation and high-tech product growth.
The Chinese mainland has added 28 U.S. entities, including General Dynamics and Boeing Defense, to its export control list to protect national security and meet international obligations.
China extends its anti-dumping probe on EU brandy until April 2025, citing case complexity and potential threats to the domestic industry.
China’s private enterprises now represent over 55% of its foreign trade value in 2024, up by 2% from last year, highlighting their crucial role in the nation’s high-quality opening up.
U.S. farmers are preparing for potential 60% tariffs on Chinese goods, echoing past trade disputes and anticipating significant impacts on agriculture.
China’s foreign trade grew by 4.9% in the first 11 months of 2024, reaching a total value of 39.79 trillion yuan, driven by strong exports and strategic policy measures.
China’s total goods imports and exports surged by 4.9% year on year in yuan terms in the first 11 months of this year, according to official data released on Tuesday.
Starting December 1, 2024, 33 African countries will enjoy zero-tariff access to the Chinese market, boosting exports and economic ties.
China’s ‘new three’ – new energy vehicles, lithium-ion batteries, and photovoltaics – boost its foreign trade competitiveness, achieving a 90-point score this year.