Translated with AI
China's yuan-denominated foreign trade is expected to grow by 3.8 percent in 2025 compared to 2024, according to official data released by the General Administration of Customs (GAC) of China on Wednesday.
According to data, China's foreign trade turnover will reach 45.47 trillion yuan (approximately 6.48 trillion US dollars) in 2025.
China's foreign trade has maintained growth for the ninth consecutive year since 2017, the State Customs Service noted.
In 2025, the country's exports increased by 6.1 percent year-on-year to 26.99 trillion yuan. Imports grew by 0.5 percent, reaching 18.48 trillion yuan, cementing China's status as the world's second-largest import market for 17 consecutive years.
During the 14th Five-Year Plan period (2021-2025), China's total export and import volume exceeded 200 trillion yuan, an increase of 40 percent compared with the 13th Five-Year Plan period and an average annual growth rate of 7.1 percent.
At a press conference in Beijing on Wednesday, Wang Jun, deputy head of the National Bureau of Trade, described China's achievements in foreign trade as "truly extraordinary and hard-won" amid growing global challenges.
In his view, the sustained growth of China's foreign trade has been made possible by three main factors, namely, policies aimed at stabilizing trade, the ever-growing demand for imports against the backdrop of a huge domestic market, and the ability of an advanced production system to continuously adapt to changing overseas needs.
