In 2024, China's total trade in goods reached 43.85 trillion yuan (about 6.1 trillion U.S. dollars), up 5 percent year on year.
Exports rose 7.1 percent to 25.45 trillion yuan (about $3.563 trillion), while imports rose 2.3 percent to 18.39 trillion yuan (about $2.575 trillion).
High-tech exports and cross-border e-commerce have grown significantly, supported by policies to stabilize trade and improved port operations.
According to the General Administration of Customs (GAC), China's total trade in goods, including imports and exports, reached 43.85 trillion yuan (about 6.1 trillion U.S. dollars) in 2024, up 5 percent year on year.
In 2024, China's exports rose 7.1 percent year on year to 25.45 trillion yuan (about $3.563 trillion), while imports rose 2.3 percent year on year to 18.39 trillion yuan (about $2.575 trillion), the data showed.
According to Chinese media reports, the deputy director of the General Administration of Customs said that China's foreign trade growth rate last year was relatively fast among other major economies in the world.
"China has become a major trading partner of more than 150 countries and regions, and China's circle of foreign trade friends is getting bigger and bigger," Wang added.
Wang said that China's foreign trade structure improved last year, with significant growth in emerging trade modes such as high-tech exports and cross-border e-commerce. He attributed the achievements to timely policy measures taken by the central government, efforts to stabilize trade and 16 initiatives to enhance port operations and customs clearance. In addition, the special actions of 20 cities have promoted the facilitation of cross-border trade and fostered a world-class, market-oriented and law-based port business environment.
Official data show that China's trade in goods will reach $6.1 trillion in 2024, up 5 percent year-on-year.
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