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Foreign firms in China remain resilient despite global trade headwinds: customs data

China

China

China

Foreign firms in China remain resilient despite global trade headwinds: customs data

2025-07-14 16:18 Last Updated At:19:07

Foreign-funded enterprises in China demonstrated strong resilience in the first half of 2025, maintaining steady growth in trade despite a complex and volatile global economic landscape, according to official data released by the General Administration of Customs (GAC) on Monday.

"Foreign-funded enterprises in China recorded imports and exports worth 6.32 trillion yuan (about 881.6 billion U.S. dollars) in the January-June period, up 2.4 percent year on year, in maintaining the positive growth momentum for five consecutive quarters," GAC Deputy Director Wang Lingjun said at a press conference in Beijing.

"Despite the complex and volatile global trade situation, foreign businesses in China remained committed to deepening their roots in the China market with undiminished confidence," he said.

"Among the major manufacturing sectors in which foreign-invested enterprises operate, exports of specialized equipment, electrical machinery and electronic equipment all achieved relatively rapid growth. In recent years, guided by policies to stabilize foreign investment, foreign-funded enterprises in China have expanded from single locations to multiple hubs, achieving a more balanced regional presence. In the first half of the year, foreign-funded firms accounted for 30 percent of the imports and exports in east China, 25.1 percent in the central and western regions, and 26.4 percent in the northeast," Wang said.

Despite global investment fluctuations, China remains a preferred destination for foreign capital due to its stable policies and long-term growth potential, according to Wang.

"The number of foreign-invested enterprises with tangible achievements in foreign trade reached 75,000 in the first half of the year, the highest for the same period since 2021. These firms accelerated production capacity investment, with their imports of high-end equipment rising 3.2 percent year on year. Focusing on long-term development, foreign-funded enterprises in China also ramped up innovation and research and development efforts, with their imports of bonded research and development supplies increasing by 52.1 percent over the same period of last year, accounting for over 70 percent of the national total," he said.

China's predictable policy environment and strategic vision offer unique advantages in uncertain times, Wang underlined, expressing the confidence that foreign-funded businesses will achieve greater success in the China market.

Foreign firms in China remain resilient despite global trade headwinds: customs data

Foreign firms in China remain resilient despite global trade headwinds: customs data

Foreign firms in China remain resilient despite global trade headwinds: customs data

Foreign firms in China remain resilient despite global trade headwinds: customs data

Foreign firms in China remain resilient despite global trade headwinds: customs data

Foreign firms in China remain resilient despite global trade headwinds: customs data

The U.S. military strike against Venezuela and capture of its president, Nicolas Maduro, has shocked the international community, triggering a steady stream of condemnation and serious concerns worldwide.

Brazil, Chile, Colombia, Mexico, Uruguay and Spain issued a joint statement on Sunday, expressing serious concern about and firm opposition to the U.S. unilateral military operations in Venezuela.

The U.S. actions contravene fundamental principles of international law, particularly the prohibition on the use or threat of force, and respect for the sovereignty and territorial integrity of States, as enshrined in the UN Charter, constituting an extremely dangerous precedent against peace and regional security, according to the statement.

In expressing profound concern and firm rejection, the six countries stressed in the statement that the situation in Venezuela must be resolved exclusively by peaceful means, and through dialogue, negotiation and respect for the will of the Venezuelan people in all its expressions, without external interference and in accordance with international law.

Only an inclusive political process, led by Venezuelans, can lead to a democratic, sustainable solution that respects human dignity, according to the statement.

Spanish Prime Minister Pedro Sanchez condemned the U.S. raid in Venezuela as a violation of international law, adding that the Spanish government always advocates and defends international law and peaceful resolution of conflicts.

Addressing a meeting of the Community of Latin American and Caribbean States (CELAC), Cuban Foreign Minister Bruno Rodriguez demanded the unconditional and immediate release of Maduro and his wife.

Noting that Latin America and the Caribbean are a zone of peace, he expressed his firm opposition to the use of force, which is an unshakable principle.

Any aggression against Venezuela shall be regarded as an attack against all CELAC member states, and nations must collectively oppose it, he stressed.

The South African government denounced the U.S. attack on Venezuela as a violation of international law, according to a statement released on Sunday.

History has repeatedly demonstrated that military invasions against sovereign states yield only instability and deepening crisis, the statement said.

South Africa calls on the UN Security Council to urgently convene a session to address this situation, according to the statement.

Serbian President Aleksandar Vucic said what happened in Venezuela demonstrates that international law and the UN Charter are losing their practical effectiveness.

U.S. military action against Venezuela marks a dangerous precedent, as similar actions could be taken against any other nations, he said.

In addition, the foreign ministries of Namibia, Singapore, Oman and Pakistan also issued statements on the same day, expressing grave concern over U.S. interference in Venezuela's internal affairs.

They emphasized the need to uphold international law and the principles of the UN Charter while respecting Venezuela's sovereignty.

They also called on all parties to exercise restraint and resolve the crisis through peaceful dialogue.

U.S. move against Venezuela sparks condemnation, concerns worldwide

U.S. move against Venezuela sparks condemnation, concerns worldwide

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