Skip to Content Facebook Feature Image

China's foreign trade maintains upward trajectory

China

China's foreign trade maintains upward trajectory
China

China

China's foreign trade maintains upward trajectory

2025-08-08 16:52 Last Updated At:22:17

China's foreign trade has shown steady growth this year despite global uncertainties, with a particularly strong performance in July dispelling concerns about the country's economic resilience.

China's total goods imports and exports in yuan-denominated terms rose to 25.7 trillion yuan (about 3.6 trillion U.S. dollars) in the first seven months of 2025, up 3.5 percent year on year, official data showed Thursday.

In the first half of this year, export of Hangzhou City in east China's Zhejiang Province, which is also home to the country's first cross-border e-commerce pilot zone, surpassed two trillion yuan (about 0.28 trillion U.S. dollars) for the first time.

Exports to four major emerging markets - ASEAN, the Middle East, Latin America, and Africa - achieved double-digit growth, while exports to the European Union, the largest market, saw a growth rate of 12.1 percent.

Since the beginning of this year, intelligent manufacturing brands in east China's Anhui Province have accelerated their efforts of "going abroad."

High-end notebooks, Chery's passenger cars, JAC's light trucks, and Sungrow's photovoltaic inverters have all achieved national export championship status. Notably, one in every five exported Chinese cars is produced by Chinese automaker Chery.

"Overseas consumers are increasingly recognizing our Chinese brands, particularly those companies like ours that continue to innovate in technology and intelligence. This growing acceptance indicates that our local research and development, domestic manufacturing, and global business strategy are beginning to bear fruit," said Xu Qingsong, deputy general manager of the International Business Department of Chery Automobile Co., Ltd.

In the first half of the year, foreign trade scale in east China's Jiangsu Province grew by 5.2 percent year-on-year.

During the summer season, a leisure goods company in Jiangsu, which primarily produces heat and sun protection products, saw nearly half of its overseas sales come from the U.S. market. The company has accelerated its expansion abroad, with export value reaching nearly 80 million yuan (about 11.14 million U.S. dollars) in the first half, a year-on-year increase of over 50 percent.

In order to provide more efficient rail-sea intermodal train service, Wuxi City in Jiangsu recently launched its first direct sea-rail intermodal train to Ecuador in South America.

"Calculations indicate that the transportation time for goods has been reduced by eight to 10 days, resulting in a 30 percent increase in transportation efficiency," said Wang Lei, head of freight operations department, Wuxi International Freight Train Co., Ltd.

The province has been diversifying its strategies to mitigate risks and challenges, consistently expanding its "circle of friends."

In the first half of the year, Jiangsu's foreign trade with countries participating in the Belt and Road Initiative (BRI) grew by 9.5 percent, with trade with ASEAN countries increasing by 21.8 percent.

"Trade with countries along the BRI continues to grow rapidly, not only offsetting the negative impacts of tariff game between China and the United States, but also further solidifying the role of Jiangsu's enterprises as key suppliers in the global market. This ensures that Jiangsu plays a strong supporting role in the overall growth of national foreign trade," said Fang Yong, associate professor of Department of International Economics and Trade, Nanjing University Business School.

China's foreign trade maintains upward trajectory

China's foreign trade maintains upward trajectory

More than a month ahead of the Chinese New Year, restaurants across China have reported a booming demand for reunion dinners, with popular places already fully reserved.

The family reunion dinners on the eve of the Chinese New Year, or the Spring Festival, is the most important meal of the year for Chinese people. It has long been an essential part of celebrating the Chinese New Year. This year, the festival falls on Feb 17.

In Taiyuan, capital city of north China's Shanxi Province, one restaurant said all tables for the Chinese New Year's Eve dinner have been reserved.

"We now have 36 private rooms and 13 tables in the hall. The New Year's Eve dinner is fully booked. Many families started reserving as early as November 2025," said Han Huiyan, a restaurant manager.

To meet the demand, many restaurants start to offer takeaway banquet package that can be easily prepared at home, allowing families to enjoy a variety of festive dishes without dining out.

In Ningbo, a city in east China's Zhejiang Province, many popular restaurants said that they are approaching full reservation levels. To reduce peak demand, some restaurants now offer off-peak reunion dinners starting later at night.

"We now offer a 'second round' of New Year's Eve dinners, which start at 19:30. We also offer discount for such New Year's Eve dinners, a promotion of 20 percent off set menus," said Sun Lijuan, a restaurant manager.

In Lianyungang, a city in east China's Jiangsu Province, smaller private rooms of a local restaurant have been nearly sold out, and customized menus and home-delivery services have drawn strong interest.

"This year we have specially launched the Chinese New Year's Eve dinner delivery service. Bookings are very strong and customers really like this option," said Geng Maoran, a restaurant general manager.

Restaurants see surge in bookings for Chinese New Year's Eve dinners

Restaurants see surge in bookings for Chinese New Year's Eve dinners

Recommended Articles