
China's trade in 2024: Diversified Growth and Vast Cooperation Potential
In 2024, China's total import and export value of goods trade reached ¥ 43.85 trillion, marking a 5% year-on-year growth and setting a new historical record. China's import and export trade continues to demonstrate a trend of diversified development, with significant growth in trade with “the Belt and Road” Initiative partner countries, ASEAN, Latin America, Africa, the five Central Asian countries, and Central and Eastern Europe, which highlights China’s broad influence in global trade and its strong potential for cooperation.