Ample opportunities seen for foreign trade in 2025
China's foreign trade, particularly exports of mechanical and electrical products, along with its resilient supply chains, will be pivotal in curbing global inflation and driving the green transformation of many countries in 2025, market analysts and exporters said on Friday.
Although external risks and challenges, including increasing trade barriers and geopolitical impacts, are growing, they said there are still ample opportunities for the growth of China's foreign trade, and global trade continues to recover.
China's foreign trade grew 4.9 percent year-on-year to 39.79 trillion yuan ($5.43 trillion) in the January-November period of 2024, while exports increased 6.7 percent on a yearly basis to 23.04 trillion yuan, said the General Administration of Customs.