In an impressive kickoff to the year, China's national trade promotion system issued 1.78 million commercial certificates in Q1—a notable 14.91% year-on-year increase. This growth showcases the resilience and adaptability of Chinese foreign trade enterprises even in a complex global landscape. 🚀
Particularly eye-catching is the performance of preferential certificates of origin, which soared to 621,700, marking a 42.67% leap from last year. Meanwhile, the certificates issued under the Regional Comprehensive Economic Partnership (RCEP) reached 69,160, up by 27.03% compared to the same period.
Zhao Ping, a spokesperson for the China Council for the Promotion of International Trade, noted that despite the challenging external environment, Chinese enterprises can tap into diversified markets by leveraging free trade agreements like the RCEP. This strategic move not only broadens market access but also deepens economic and trade cooperation with a wide range of partners.
For young professionals, entrepreneurs, students, and trade enthusiasts, this surge underscores the importance of staying agile and exploring new economic opportunities in today’s global marketplace. The evolving trade dynamics hint at exciting times ahead in international commerce! 🌏🔥
Reference(s):
China's Q1 trade certificate issuance surges 14.9% year-on-year
cgtn.com
