China's Foreign Trade Reaches New Heights

In the face of challenges to economic globalization, China's economy has once again demonstrated its formidable strength and resilience. According to the latest data from the General Administration of Customs, in the first two months of 2025, China's total goods trade import and export value reached an astonishing 6.54 trillion yuan. Among this, exports hit a historic high of 3.88 trillion yuan, breaking the previous record for the same period. Despite the complex and volatile global economic situation, China's foreign trade has maintained steady growth. Although the total import and export volume for the first two months of this year decreased by 1.2% year-on-year, after excluding factors such as the Spring Festival holiday, the actual growth rate was 1.7%. This data fully demonstrates China's important position and strong momentum in global trade.

Notably, among the various export commodities, integrated circuits and automatic data processing equipment achieved double-digit growth, indicating that China's manufacturing industry is accelerating its advancement towards high-end products. Additionally, private enterprises, as a significant force in foreign trade, contributed 3.69 trillion yuan in imports and exports, accounting for more than half of the total, becoming a major driver of foreign trade development.

In terms of global market layout, ASEAN continues to be China's largest trading partner, with a bilateral trade volume of 1.03 trillion yuan, up 4% year-on-year. Moreover, exports to the United States also showed good growth, while trade with the European Union and South Korea declined. These changes reflect the dynamic adjustments in the global trade landscape and China's determination to actively expand diversified markets.

Looking ahead, the Chinese government will continue to deepen reform and opening up, constantly optimize the business environment, and provide broader development space for various enterprises. Especially under the current conditions of increased uncertainty in the international trade environment, the series of supportive policies issued by the state will undoubtedly inject strong momentum into the healthy development of foreign trade enterprises.