The Chinese mainland’s export sector is showing strong signs of recovery, according to recent data from the General Administration of Customs (GAC). Total foreign trade – including both imports and exports – reached 10.3 trillion yuan ($1.41 trillion) in the first quarter of 2025, marking a 1.3% year-on-year increase. This stabilization is a promising sign amid global economic headwinds.
Exports delivered a stellar performance, growing by 6.9% to 6.13 trillion yuan. In a recent press conference, Lyu Daliang, director of the GAC's Department of Statistics and Analysis, confidently remarked that "the sky won't fall," even as tariff disputes stir global market tensions. His comments underscored the strategic focus on building diversified markets and deepening industrial and supply chain cooperation worldwide.
The emphasis on leveraging the vast domestic market as a crucial strategic asset has enabled the Chinese mainland to counter external uncertainties. Think of it like leveling up in your favorite video game—overcoming challenges and unlocking new achievements! 🚀
As the first quarter sets a robust tone, experts remain optimistic about future momentum. Whether you’re a business professional, a curious student, or an enthusiastic traveler, these dynamic developments offer a glimpse into how smart strategies and resilience can drive growth even in turbulent times.
Reference(s):
cgtn.com
