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flag China's foreign trade hit a record high in 2024, growing 5% despite global challenges.

flag Despite challenges like rising protectionism and geopolitical tensions, China's foreign trade grew 5% to a record 43.85 trillion yuan in 2024. flag Chinese companies have adapted by innovating, expanding globally, and upgrading industries. flag This includes building overseas factories and warehouses and increasing R&D investment. flag Mechanical and electrical exports, which make up 59.4% of total exports, grew 8.7% year-on-year, showing resilience and competitiveness in the global market.

2 months ago
6 Articles