🎉 China has been the world's top trading nation for seven years running, solidifying its role as a key player in global commerce. According to the General Administration of Customs, the nation now partners with over 150 countries and regions, fueling economic growth and international collaboration.
📈 In 2023 alone, China's foreign trade surged by more than 17 trillion yuan ($2.34 trillion) since 2012, averaging an annual growth of 1.6 trillion yuan. Zhao Zenglian, deputy chief of the General Administration of Customs, highlighted that the number of foreign trade enterprises has nearly doubled, showcasing the expanding business landscape.
💡 As China's foreign trade structure evolves, high-tech exports have seen a 6% year-on-year increase in 2023, now making up 18.7% of the total export value. This shift towards high-quality, technologically advanced products underscores China's commitment to sustainable and innovative economic development.
