China never seeks trade surplus, but rather readily share its domestic market with the rest of the world, Foreign Ministry spokesman Guo Jiakun said at a press briefing in Beijing on Friday.
Guo made the statement in response to a media query regarding headlines such as "market dividends" and "innovation dividends" at the 2026 Summer Davos forum, which drew to a close on Thursday in the northeastern Chinese city of Dalian.
According to reports, more objective and rational voices around the world reject protectionism and advocate building an open and inclusive world economy.
"More and more countries have come to realize that seizing 'China opportunity 2.0' is a pressing priority and win-win cooperation holds the key to future success. The quality products China exports to the world is a boon, not a shock. For industries, Chinese equipment and components help them to achieve upgrading and green transition and better integrate into global value chains," Guo said.
According to the UN Conference on Trade and Development, intermediate goods trade with China has increased the number of developing countries as key global trading hubs from six in 2007 to 11 in 2024, the spokesman said.
For consumers, China's affordable quality products help ease the strain of inflation by allowing them to reduce household spending, he said.
The European Central Bank estimates that a 10 percent increase in Chinese imports to the EU in 2026 would reduce overall import prices by 1.6 percent, Guo said.
"China never seeks trade surplus. Instead, we readily share our domestic market with the rest of the world. In the first five months of this year, China's import surged by 20.5 percent, outpacing export growth by 8.7 percentage points. Among China's top 50 trading partners, 32 registered higher growth in export to China than import from China," he said.
"A multi-dimensional vision of 'China opportunity 2.0' is unfolding before our eyes. The Chinese market will unlock new space for growth. 'Made in China' will be further empowered with a more efficient industrial ecosystem. China's infrastructure development will ensure more enabling conditions. The Chinese government will foster a more open, equitable and friendly business environment. To root your business in China is to embrace opportunities; to integrate into China is to secure a promising future," Guo said.
China readily shares domestic market with world: spokesman
