Beijing (TDI): China’s trade continued to expand at a solid pace in April, despite massive US tariffs on Chinese goods, official data revealed Friday.
China’s total import and export value in April hit 3.84 trillion yuan ($531.46 billion), up 5.6% year-on-year. Exports reached to 2.27 trillion yuan, jumping by 9.3%, while imports crossed 1.57 trillion yuan, registering a 0.8% increase, the data published by the General Administration of Customs showed on Friday.
China’s trade in goods in the first four months of the current year hit 14.14 trillion yuan, up 2.4% year-on-year, with the growth rate accelerating by 1.1 percentage points in contrast to the first quarter, which continued the steady growth trend, the data showed.
Zhou Mi, a senior research fellow at the Chinese Academy of International Trade and Economic Cooperation, said the country’s foreign trade has showed significant resilience against American tariffs. This upward trend highlights the exceptional role of China’s manufacturing sector in fulfilling international market demands. Such performance also highlights Beijing’s proactive policy to strengthen global trade partnerships, enhance trade ties, and actively engage in the integration of international supply chains, Global Times reported.
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The manufacturing field shows enhanced adaptability and innovation capabilities, ensuring meet the multiple demands of international consumers.
Meanwhile, the domestic market continues to boost purchasing power, improve market connectivity, and reduce barriers, bringing vast opportunities for imported goods, Zhou said.
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He added that the country’s openness continues to expand, providing key support for the bidirectional flow of foreign trade with proactive reforms in trade infrastructure, from customs facilitation to logistics optimization.
The exports during the four months increased by 7.5% to 8.39 trillion yuan, while the imports dropped by 4.2% to 5.75 trillion yuan.