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China Daily / 2025-04 / 16 / Page013

Giant domestic mkt hedge against tariffs

By ZHU WENQIAN in Haikou | China Daily | Updated: 2025-04-16 00:00
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Government to help guide exporters to find more business opportunities

As the complexity, severity and uncertainty of the external environment continue to intensify, China's foreign trade has been seeing certain pressure, and the government will help guide the nation's exporters to find more business opportunities in the super large-scale domestic market, a senior official said.

Sheng Qiuping, vice-minister of commerce, made the remarks during the ongoing fifth China International Consumer Products Expo in Haikou, Hainan province, which will conclude on Friday.

China has been the largest country in terms of merchandise trade for eight consecutive years. Last year, the country's foreign trade business value topped 4.3 trillion yuan ($588.2 billion) for the first time, up 5 percent year-on-year, said the General Administration of Customs.

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