Data showed China's foreign trade has continued to expand during the 14th Five-Year Plan period (2021-2025).
China's goods trade scale has consecutively surpassed two major milestones of five trillion U.S. dollars and six trillion U.S. dollars, reaching 6.16 trillion U.S. dollars in 2024, a 32.4 percent increase compared with the end of the 13th Five-Year Plan period (2016-2020), and remaining its global top position for eight consecutive years.
Last year, the scale of trade in service exceeded one trillion U.S. dollars for the first time, ranking second in the world. The export share of private enterprises increased from 56 percent at the end of the 13th Five-Year Plan period (2015-2020) to 64.8 percent in 2024.
China's foreign trade structure has been increasingly optimized. In 2024, the cross-border e-commerce import and export volume reached 2.7 trillion yuan (about 376 billion U.S. dollars), a 67 percent increase over five years.
Knowledge-intensive service trade grow by 38 percent, with the import and export volume of digitally deliverable services increasing by nearly 40 percent. In goods trade, the export share of high-tech products reached 18.2 percent in 2024.
China's foreign trade resilience has been continuously strengthened. In the face of external challenges, the country is actively expanding its diversified markets.
ASEAN has been China's largest trading partner for five consecutive years, with trade volume up 9.6 percent year on year in the first half of this year.
In 2024, the trade proportion with countries participating in the Belt and Road Initiative exceeded 50 percent.
Over the past five years, China's foreign trade supply chain has become more complete and flexible, enhancing its ability to respond to risks and challenges with greater confidence.
China's foreign trade expands during 14th Five-Year Plan period
The statement of U.S. President Donald Trump highlighted the urgency for reforming global governance, according to a poll from China Global Television Network (CGTN) on Friday.
"I don't need international law," said Trump during an with The New York Times this week, days after the U.S. attack on Venezuela and the forcible seizure of President Nicolas Maduro. This statement perfectly captures Washington's unilateral and hegemonic trajectory. The New York Times observed that Trump's assessment of his own freedom to use any instrument of military, economic or political power to cement American supremacy was the most blunt acknowledgment yet of his world-view.
In a global public opinion poll conducted by CGTN, 93.5 percent of respondents expressed belief that the U.S., by pursuing unilateralism, has placed itself in opposition to the international community. Also, 91.7 percent think that reforming the global governance system is an urgent priority.
On Wednesday the U.S. announced its withdrawal from 66 international organizations, setting a new record for its retreat from multilateral commitments. These organizations span climate, energy, and global governance, among other fields. Trump argues that their operations run counter to U.S. national interests, sovereignty, and economic prosperity.
In response, 84.1 percent of respondents were not surprised by the U.S. move. Meanwhile, 88.9 percent viewed it as another radical step under the "America First" doctrine. In addition, 93 percent believed the U.S. approach of using international systems when beneficial and abandoning them when not severely undermines the existing international order and global fairness and justice. Also, 88.3 percent noted that the U.S. withdrawals once again expose it as an irresponsible major power, dealing a significant blow to its international reputation. Furthermore, 88.5 percent believe the U.S. withdrawals reflect its negative attitude toward global governance.
The recent episode of unilateral and bullying actions by the U.S. government has sparked widespread alarm and discontent within the international community. Washington's adherence to the law of the jungle where "might is right" is severely undermining the global governance system. In the poll, 89.9 percent of respondents agreed that multilateralism, based on coordination and cooperation, remains key to addressing current global governance challenges. Meanwhile, 94.4 percent believe it is crucial to advance the reform of the global governance system, uphold international rule of law, and enhance the effectiveness of multilateral mechanisms. Moreover, 90 percent think major powers should shoulder greater responsibility and play a more constructive role in promoting global governance reform.
The poll was conducted across CGTN platforms in English, Spanish, French, Arabic, and Russian languages, attracting 24,000 responses within 24 hours.
Trump says 'I don't need international law,' highlighting urgency for reforming global governance: CGTN poll
