China’s trade sector is flexing its muscles with a 14.9% jump in commercial certificate issuances during the first quarter of 2024! 📊 Over 1.78 million certificates were issued nationwide, signaling growing momentum amid global economic headwinds.
Breakdown of the highlights:
- 621,700 preferential origin certificates (up 42.67% YoY) 💼
- 69,160 certificates under the RCEP trade pact (up 27.03%), boosting Asia-Pacific ties 🌏
Zhao Ping, spokesperson for the China Council for the Promotion of International Trade, emphasized that leveraging free trade deals like RCEP can help businesses tap into "diverse markets and strengthen global partnerships" as export challenges persist. 🔑
Experts note this surge mirrors China’s push to deepen regional collaboration—think of it as a giant group project where everyone scores higher trade grades! 🛒✨
Reference(s):
China's Q1 trade certificate issuance surges 14.9% year-on-year
cgtn.com