In a recent press conference, a Chinese customs official reassured the media that "the sky won't fall" for China's exports—even amid a challenging global environment. According to data from the General Administration of Customs (GAC), China's total goods imports and exports in yuan-denominated terms expanded by 1.3% year on year in the first quarter.
Lyu Daliang, an official with the GAC, explained that ongoing efforts to diversify foreign trade markets and strengthen industrial and supply chain cooperation have not only supported development for trading partners but also bolstered China's own resilience. He emphasized that the vast domestic market continues to act as a strong backup, turning domestic certainty into a buffer in times of global volatility.
This blend of international outreach and robust domestic performance is a promising sign in unpredictable times. For young professionals, students, and trade enthusiasts, such steady progress is a reminder that even in a roller coaster global economy, there are reasons to stay optimistic. 🚀🌏
Stay tuned for more insights as these trade trends continue to shape our global future!
Reference(s):
cgtn.com
