Country's development potential continues to be released

In the first two months of this year, the total value of China's exports was $528.01 billion, up 7.1 percent year-on-year, and the total value of its imports was $402.85 billion, an increase of 3.5 percent compared with the same period last year.

The 7.1 percent export growth rate far exceeded the 2-3 percent expectations of some Western institutions. China's exports to the United States rebounded significantly from a year-on-year decrease of 6.9 percent in December last year to an increase of 5.0 percent year-on-year in January and February. China's exports to other major trading partners, including the Association of Southeast Asian Nations, the European Union and African and Latin American countries, continued to maintain a rapid growth.

In February, the national consumer price index increased by 1.0 percent from January, the highest increase since February 2022. In addition, the rebound in energy prices and food prices reversed the continued downward trend of the CPI.