Looks like China's kicking off 2024 with a bang! 🎉 According to Yu Jianhua, Minister of China's General Administration of Customs (GAC), the country's foreign trade is off to a fantastic start and is set to keep growing in the first half of the year.
Speaking at the Ministers' Corridor after the closing meeting of the 14th National People's Congress (NPC) in Beijing, Yu shared some impressive numbers. In January and February alone, China's foreign trade in goods reached a whopping 6.61 trillion yuan (that's about $930.96 billion!), marking an 8.7% increase compared to last year. 📈
But that's not all! Trade with countries involved in the Belt and Road cooperation zoomed ahead by 9% in the first two months, outperforming the average growth. Plus, new trade trends like cross-border e-commerce and market purchasing are gaining serious momentum. Talk about staying ahead of the game! 🔥
Minister Yu emphasized the GAC's commitment to \"hard work\" to hit China's growth targets for 2024, as outlined in the government's work report. The plan? Roll out more measures to make foreign trade smoother and get feedback from Chinese businesses to keep things moving forward. 🚀
All in all, it seems China's trade scene is buzzing with energy, and we're excited to see how it unfolds in the coming months! Stay tuned for more updates. 😉
Reference(s):
GAC minister: China's foreign trade achieved a good start in 2024
cgtn.com
