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China’s foreign trade is off to a roaring start in 2024, with goods trade hitting 6.61 trillion yuan ($930.96 billion) in the first two months—a 8.7% year-on-year jump! The upbeat news comes from Yu Jianhua, minister of China’s General Administration of Customs (GAC), who shared the latest stats at the National People’s Congress in Beijing.
Why it matters: Trade with Belt and Road partner countries surged by 9%, outpacing the global average, while digital trends like cross-border e-commerce and market purchasing are reshaping the game. Think TikTok Shop meets global trade!
What’s next: The GAC is doubling down to hit China’s 2024 growth targets, promising smoother trade processes and more dialogue with businesses. As Yu put it: 'Hard work pays off.'
Zoom out: With youth-friendly innovations and strategic partnerships, China’s trade engine shows no signs of slowing down. Stay tuned for H1 updates!
The upbeat news comes from Yu Jianhua, minister of China’s General Administration of Customs (GAC), who shared the latest stats at the National People’s Congress in Beijing.
Why it matters: Trade with Belt and Road partner countries surged by 9%, outpacing the global average, while digital trends like cross-border e-commerce and market purchasing are reshaping the game. Think TikTok Shop meets global trade!
What’s next: The GAC is doubling down to hit China’s 2024 growth targets, promising smoother trade processes and more dialogue with businesses. As Yu put it: 'Hard work pays off.' 
Zoom out: With youth-friendly innovations and strategic partnerships, China’s trade engine shows no signs of slowing down. Stay tuned for H1 updates! 
China's Economy Kicks Off 2024 with Record Yuan…
