ride the wind and waves! China's foreign trade strives to deliver a 'resilience answer sheet'
2025-08-05
During the 14th Five Year Plan period, China's trade in goods has continuously surpassed two levels of $5 trillion and $6 trillion, firmly ranking first in the world; The scale of service trade has exceeded 1 trillion US dollars for the first time, ranking second in the world; The international market share of exports and imports has remained stable at 14% and 10% respectively... The status of a major economic and trade country has been further consolidated. At present, the main target indicators of the 14th Five Year Plan have entered the final sprint stage. Facing difficulties and working together to overcome challenges, with innovative and high-quality products, diverse and stable markets, and the determination to seize opportunities, China's foreign trade has braved the wind and waves, striving to deliver a high-quality and resilient answer sheet. Pushing forward with pressure, bravely standing at the forefront to break through the predicament. The drums of the 2026 US Canada Mexico World Cup have not yet been sounded, and "Made in Yiwu" has taken the lead in "breaking into" the global market. According to statistics from Yiwu Customs, in the first half of 2025, the export of sports goods and equipment from Yiwu reached 5.86 billion yuan, a year-on-year increase of 16.8%. Among them, the export of sports goods to the United States, Canada, Mexico and other places increased by 12.0%. Applying for design patents, customizing products for different markets, and accelerating brand expansion through competitions... The agile response of Yiwu, the "world supermarket", from the design end to the production end, is a vivid example of China's foreign trade pushing forward and turning danger into opportunity. Things are not difficult without going through them. In recent years, global unilateralism and protectionism have intensified, and the complexity, severity, and uncertainty of the external environment have increased. However, China's foreign trade has achieved counter trend growth. Compared with 2020 at the end of the 13th Five Year Plan period, China's total import and export value of goods trade will increase by 32.4% in 2024, the trade volume of knowledge intensive services will increase by 38%, and the import and export volume of digitally deliverable services will increase by nearly 40%... The resilience and vitality of foreign trade are highlighted. The road of foreign trade is neither smooth nor unreachable. We have prepared our technological reserves in advance, actively extended our industrial chain layout, and continuously improved our capabilities in global manufacturing, global services, and global cooperation. ”When it comes to the experience of overcoming challenges such as intensified competition at home and abroad and fluctuations in material supply, Zhu Xiaojun, Director of the Operations Department of the Finance Center of Huizhou EVE Energy Co., Ltd., is filled with emotion. Minister of Commerce Wang Wentao stated that the greater the difficulties and challenges, the more it can reflect the advantages of China's system, huge market, and complete industrial system, the more it can demonstrate the vast potential, strong resilience, and vitality of China's economy, and the more it can demonstrate China's responsibility as a responsible major country. Adapting to changes and innovating to enhance quality to support the scorching summer, "cool products" such as air conditioners, fans, and sunshades have become popular export commodities. Walking into Jiangsu Tengpo Leisure Products Co., Ltd., various models, specifications, and unique styles of courtyard umbrellas are neatly arranged. Relying on intelligent technology, these products with adjustable angles and lighting grade electric rotation functions can achieve shading of sunlight angles at different times, and are very popular in overseas markets. ”Wang Fang, the person in charge of customs affairs of the company, said that since the beginning of this year, the company's high-end customized outdoor sunshade products have been exported to more than 50 countries and regions overseas. Currently, the company's export value is nearly 80 million yuan, a year-on-year increase of more than 50%. From competing for "quantity" and "price" to competing for "intelligence" and "novelty", China's foreign trade has undergone profound structural changes, with "quality improvement" and "quality excellence" becoming prominent indicators. According to statistics, in 2024, the proportion of high-tech product exports in goods trade will reach 18.2%; In the first half of this year, China's high-tech product exports increased by 9.2% year-on-year, maintaining growth for nine consecutive months. Among them, the proportion of domestic brands in high-tech product exports increased to 32.4%. China's manufacturing industry is breaking through key core technological barriers and achieving a leap in the global value chain. ”Liu Xiangdong, Deputy Director of the Research and Information Department of the China International Economic Exchange Center, said that the rise of products such as electric vehicles, ships, and industrial robots has reshaped China's export competitiveness, and even in the face of tariff pressure, it can effectively stabilize the market. The popularity of domestic trendy products has also made countries fully feel China's productivity and innovation. Step out of the comfort zone and cultivate new growth. Faced with geopolitical risks and trade barriers, new business models represented by cross-border e-commerce, bonded maintenance, and market procurement are helping consumers and producers in various countries to "buy globally and sell globally", becoming an important engine for stabilizing foreign trade. Data shows that China's cross-border e-commerce imports and exports will reach 2.7 trillion yuan in 2024, an increase of 67% compared to 2020; In the first half of this year, the import and export value of bonded maintenance business in China increased by 7.5% year-on-year, further unleashing the potential for foreign trade growth. Overlapping efforts, opening up and leading before setting off "is not a solution, we must actively find new routes! ”Niu Liqun, Chairman of Shanxi Jiashida Robot Technology Co., Ltd., told reporters that in recent times, in order to better cope with external shocks, the company has decisively expanded into Europe and emerging markets. Although the process was not smooth sailing, with the support of a combination of policies such as arranging exhibitions, tariff reductions, preferential loans, and credit guarantees, orders from multiple countries have been scheduled for the fourth quarter. Openness brings progress, cooperation leads to win-win outcomes. China is a major trading partner of more than 150 countries and regions. In 2024, the proportion of trade between China and countries jointly building the "the Belt and Road" will exceed 50%. In the first half of this year, China achieved growth in imports and exports to more than 190 countries and regions, and the number of partners with a trade scale exceeding 50 billion yuan reached 61, an increase of 5 compared to the same period last year. Accelerating the development of service trade is an important lever for expanding high-level opening up to the outside world and cultivating new driving forces for foreign trade development. In less than 40 days, the China International Fair for Trade in Services (CIFTIS) will be held in Beijing in 2025. Among the first batch of exhibitors announced so far, there are 648 companies and institutions, with an overall internationalization rate of over 20% for participating companies. Holding key exhibitions such as the Consumer Expo, Import Expo, Canton Fair, Chain Expo, etc., expanding the global network of high standard free trade zones and unilateral opening up to the least developed countries, accelerating the negotiation process of free trade agreements with relevant countries and regions such as ASEAN... Under the serious impact on the international economic order and governance system, China further leverages its policy advantages, connects with international high standard economic and trade rules, steadily expands institutional opening up, and injects inexhaustible impetus into the construction of a trading power. Open land, never afraid of storms. Wang Wentao stated that looking ahead to the 15th Five Year Plan, we will make greater efforts to promote high-quality development of trade, strengthen innovation momentum, increase efforts to expand imports, strengthen international cooperation, enhance trade resilience, and strive to build an open, cooperative, mutually beneficial and win-win international trade pattern. (New Society)
Edit:Yao jue Responsible editor:Xie Tunan
Source:XinhuaNet
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