Exciting news for global markets! Data from the General Administration of Customs (GAC) shows that China's total goods imports and exports reached 14.14 trillion yuan (equivalent to $1.96 trillion) in the first four months of 2025, marking a 2.4% year-on-year growth.
Exports stole the spotlight with a 7.5% rise, totaling 8.39 trillion yuan, while imports dipped by 4.2% to 5.75 trillion yuan. This dynamic mix highlights a period of rapid adjustment and growth.
High-tech products made a big impact too, achieving 1.52 trillion yuan—up 7.4% compared to last year—showcasing the Chinese mainland's commitment to innovation and digital transformation. 🚀
Private enterprises have been key players, contributing 8.05 trillion yuan to total trade. They accounted for 56.9% of all transactions and added 3.7 percentage points to overall growth, underlining their ever-growing influence in the market.
The Association of Southeast Asian Nations remains an essential trade partner, enjoying a robust 9.2% growth in trade during the period. This strong regional connection continues to fuel economic momentum.
According to Lyu Daliang, director of statistics and analysis at GAC, local governments and departments worked closely to counter external shocks, helping exports accelerate and imports rebound in April. This coordinated effort has set a solid foundation for a resilient and steady recovery.
This upbeat performance not only highlights the dynamism of China's trade sector but also reinforces optimism among global investors, young market enthusiasts, and professionals alike. Stay tuned for more updates on these exciting trends!
Reference(s):
China's foreign trade up 2.4 percent in first four months of 2025
cgtn.com
