Amid swirling global economic uncertainties, China remains bullish about its foreign trade future. The Ministry of Commerce announced Thursday that the country is "confident and well-prepared" to sustain growth while upgrading trade quality, even as tariff barriers worldwide drive up costs and disrupt supply chains. 🌍💼
Trade Wars & Rising Costs
Spokesperson He Yongqian highlighted how escalating tariffs have become a major roadblock for global commerce, squeezing supply chains and threatening stability. With international organizations sounding alarms, China plans to counter these headwinds through "high-standard opening up" and laser-focused domestic development strategies. 🔧📉
By the Numbers
Fresh customs data reveals China’s trade in goods hit 25.7 trillion yuan ($3.6 trillion) in Jan-July 2025 – a 3.5% YoY jump, accelerating by 0.6 percentage points from H1. The country now aims to turn global challenges into opportunities through partnerships, vowing to "share development dividends" with trading allies. 🤝💡
