China's 2024 Trade Hits Record High, Exports Soar 🚀
Hey there, amigos! 🌟 Big news coming from the Chinese mainland! In 2024, China’s foreign trade smashed records, reaching an incredible 43.85 trillion yuan (about $5.98 trillion). That’s a 5% jump compared to last year! 🎉
The General Administration of Customs reported on Monday that exports alone exceeded 25 trillion yuan for the first time ever, hitting 25.45 trillion yuan—a 7.1% increase. That's eight years in a row of export growth! 📈 Imports also saw a boost, totaling 18.39 trillion yuan, up 2.3%.
But wait, there's more! China's export product structure is getting a serious upgrade. Electromechanical product exports rose by 8.7%, making up a whopping 59.4% of total exports. High-end equipment exports didn't miss out on the action either—they surged by over 40%! 🚀
Some of the coolest stuff leading the charge? Electric vehicles, 3D printers, and industrial robots. These futuristic products grew by 13.1%, 32.8%, and 45.2% respectively. 🤖🚗🖨️
What does this mean for us? China's booming trade and tech advancements are shaking up the global market. It’s an exciting time for innovators, entrepreneurs, and anyone tuned into international trends. Stay curious, amigos! 🌍✨
Reference(s):
cgtn.com
