Hey there, trendsetters! China's early 2025 foreign trade data is in, and the numbers are pretty exciting. The total goods trade hit 14.14 trillion yuan (about $1.96 trillion), marking a 2.4% year-on-year rise. 🚀
Exports surged by 7.5% to 8.39 trillion yuan, even as imports dipped by 4.2% to 5.75 trillion yuan. High-tech products shone brightly too, with their trade reaching 1.52 trillion yuan—a strong 7.4% increase!
Private enterprises are clearly the powerhouses here, contributing 8.05 trillion yuan in trade—a 6.8% jump that made up nearly 57% of the total. Plus, China’s trade ties with ASEAN are on fire, with a 9.2% growth during this period.
Lyu Daliang of the General Administration of Customs pointed out that exports are leading the charge while imports are bouncing back, showcasing resilience amid challenges. Coordinated efforts by local governments have played a big role in keeping the recovery steady.
Overall, the figures reveal a dynamic and robust trade scene for early 2025. Stay tuned for more insights into global trends and what they mean for our fast-paced world! 📊
Reference(s):
China's foreign trade up 2.4 percent in first four months of 2025
cgtn.com
