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China's export grows in Q1

China

China

China

China's export grows in Q1

2025-04-14 15:59 Last Updated At:17:17

China's export in the first quarter of 2025 exceeded six trillion yuan (about 820 billion U.S. dollars) despite complex and severe external environment, said an official of the General Administration of Customs (GAC) at a press conference in Beijing on Monday.

Lyu Daliang, head of GAC's Department of Statistics and Analysis, said that China's export scale achieved a relatively fast growth of 6.9 percent in the first quarter.

Answering a media inquiry on the momentum of China's export growth, Lyu said the country exported more goods to over 170 countries and regions.

"In terms of the demand from the international market, in the first quarter, the global manufacturing PMI averaged 49.9 percent, higher than the last quarter of 2024 and the same period last year. Specifically, the manufacturing sectors in Asia and Africa were in expansion territory in March. Customs data showed China's exports to these regions grew by 7.8 percent and 12.5 percent, respectively. In the EU and Britain, the rising quarter-on-quarter consumer spending and stable consumer confidence indexes further boosted their demands for Chinese products. Overall, in the first quarter, China achieved growth in its exports to over 170 countries and regions," said Lyu.

"In terms of domestic industrial innovation, China's manufacturing sector is demonstrating robust momentum in its transition toward high-end, smart, and green production. Foreign trade entities were quick to respond to the diverse demands of the global market, continuously launching new, trendy, and hot products, reinvigorating their competitiveness. And in the field of consumer goods, China-chic goods have come out in a continuous flow, earning widespread recognition and acclaim worldwide. In the first quarter, China's exports of sports equipment to the EU and cosmetics to Southeast Asia both achieved double-digit growth," said Lyu.

"Currently, China's export faces a complex and severe external environment, but 'the sky won't collapse.' Over the recent years, China has actively built a diversified market and deepened industrial and supply chain collaboration with all parties. These efforts have not only empowered the development of other countries but also enhanced our own resilience. Meanwhile, China's vast domestic market serves as an important home front. We will remain steadfast in focusing on our own affairs and respond to the uncertainty of external environment with our own certainty," he said.

China's export grows in Q1

China's export grows in Q1

China's export grows in Q1

China's export grows in Q1

The "soft landing" of the China-EU electric vehicle case will greatly boost market confidence and inject new momentum into China-EU cooperation in automobile trade and investment, a spokeswoman of the Ministry of Commerce (MOC) said at a press briefing in Beijing on Thursday.

He Yongqian, the spokeswoman, made the remarks after China and the European Union (EU) agreed on the necessity of providing general guidance on price undertakings for Chinese companies exporting battery electric vehicle (BEV) passenger cars to the EU.

"China and the EU simultaneously announced on Monday that they had achieved positive outcomes following multiple rounds of consultations on the EV case, a development that has drawn wide attention at home and abroad. Industry players from both sides have 'highly welcomed and fully endorsed' the outcome, saying the 'soft landing' of the case is expected to greatly boost market confidence and inject new momentum into China-EU cooperation in automobile trade and investment. Some EU politicians have described it as a positive step toward building a sustainable China-EU trade relationship, and said it demonstrated that resolving trade differences through partnership remains feasible," she said.

"Against the current international backdrop, China and the EU, acting in a spirit of mutual respect and within the framework of WTO rules, have properly addressed the EV case, which is of significant positive importance. The outcome will not only contribute to the sound development of China-EU economic and trade ties and help safeguard the stability of the global automotive industrial and supply chains, but will also send a clear and strong signal that both sides are willing to uphold a rules-based international trading order, setting a good example for countries to resolve differences through dialogue and consultation and injecting greater certainty and positive energy into global economic growth," she said.

"China appreciates the spirit of dialogue showed by the EU side and stands ready to work with the EU, building on the current positive outcomes, to further implement the consensus reached by the leaders of the two sides, maintain dialogue and communication, and support stable industrial and supply chains on both sides, continue to deepen cooperation on the basis of market principles, and make active contributions to the global green transition," she added.

"Soft landing" of China-EU EV case to significantly boost market confidence: MOC spokeswoman

"Soft landing" of China-EU EV case to significantly boost market confidence: MOC spokeswoman

"Soft landing" of China-EU EV case to significantly boost market confidence: MOC spokeswoman

"Soft landing" of China-EU EV case to significantly boost market confidence: MOC spokeswoman

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