China's General Administration of Customs recently announced that the country's foreign trade achieved a remarkable milestone in 2024, reaching a total value of 43.85 trillion yuan (approximately $6 trillion). This represents an impressive increase of over two trillion yuan compared to the previous year.
As the world's largest trader in goods, China has solidified its position as a pivotal trading partner for more than 150 economies globally. This expansion underscores China's growing influence in international markets and its critical role in global economic dynamics.
The surge in foreign trade not only highlights China's robust economic growth but also reflects its ability to adapt and thrive in an ever-changing global landscape. With continuous advancements in technology and innovation, China's trade sectors are poised for further expansion, promising even greater contributions to the global economy in the years to come.
Reference(s):
cgtn.com