China’s foreign trade is flexing its muscles again!
New data shows the country’s goods imports and exports hit **14.14 trillion yuan** ($1.96 trillion) from January to April 2025, up 2.4% year-on-year. Exports stole the spotlight with a 🔥**7.5% jump** to 8.39 trillion yuan, while imports dipped slightly by 4.2%.
Tech & Private Firms Lead the Charge
High-tech products smashed records, with trade value soaring **7.4%** to 1.52 trillion yuan. Private enterprises drove **56.9%** of total trade—think of them as the Avengers of China’s economy, contributing 3.7 percentage points to growth. 💼✨
ASEAN Still BFFs in Trade
Southeast Asia remains China’s #1 trade partner, with deals up **9.2%**. And here’s the plot twist: April’s trade growth accelerated by **4.3 percentage points** compared to Q1. According to GAC’s Lyu Daliang, exports are sprinting while imports are bouncing back, proving China’s economy is tougher than a TikTok trend. 📊
Local governments are teaming up like a K-pop group to stabilize growth against global challenges,” Lyu added, hinting at stronger recovery ahead. 🌟
