China's Foreign Trade Praised by Two Ministries for Quality Opening

China's Foreign Ministry and the Ministry of Commerce recently commended the stable development of the country's foreign trade amidst rising external risks and challenges. They assured continued efforts to promote high-level opening-up and share growth opportunities with other nations.
During the first seven months of 2025, China's total goods imports and exports reached 25.7 trillion yuan, equivalent to approximately 3.58 trillion dollars, reflecting a 3.5 percent increase year-on-year. Notably, July's goods trade surged by 6.7 percent to a monthly record of 3.91 trillion yuan, with exports rising by 8 percent and imports by 4.8 percent, marking the second consecutive month of growth.
Success in foreign trade has been attributed by several enterprises to government policy support, product innovation, and the exploration of diversified markets. A Chinese expert emphasized that the resilience of the country's foreign trade will remain intact as China continues to expand high-quality openings, serving as a stabilizer in global trade.
China's economic figures for July highlighted the robustness of foreign trade despite ongoing challenges such as the tariff war and other external pressures affecting the global marketplace. Mao Ning, a spokesperson for the Foreign Ministry, reiterated that, despite a complex global environment, China's foreign trade performance has remained strong.
This showcases the inherent resilience of China's economy and the robust global demand for its products. Mao pointed out that this success results from strategic efforts to enhance high-standard openings, foster high-quality development, and upgrade industries.
Mao asserted that international trade based on comparative advantages leads to common development that benefits all. China's high-quality products are well-regarded internationally, and its diverse and stable markets continue to attract global interest, immune to the impacts of tariffs and trade wars.
At a press briefing, Ministry of Commerce spokesperson He Yongqian highlighted that China's foreign trade has maintained a stable and positive trajectory amid a more complex international landscape, with policy measures aimed at market diversification and improving goods quality playing crucial roles in this growth.
In the financial sector, China's Export & Credit Insurance Corp reported underwriting $573.5 billion in short-term insurance during the first seven months, reflecting a 14.7 percent year-on-year increase. Meanwhile, the Export-Import Bank of China provided over 700 billion yuan in loans directed toward foreign trade.
Trade with emerging markets grew by 5 percent, accounting for 65.5 percent of the total trade volume, which is a 0.9 percentage point increase from the previous year. Emerging growth sectors are evident, with exports of mechanical and electrical products leading with a 9.3 percent rise, representing 60 percent of total exports.
Further, Shenzhen, China's manufacturing and trade hub, reported impressive growth in its 'new three' industries—new-energy vehicles, lithium-ion batteries, and photovoltaic products. Exports in these sectors reached 62.18 billion yuan, a year-on-year increase of 21.5 percent.
The resilience of businesses like Feiyan Blanket Co shows the adaptability of Chinese foreign trade enterprises in navigating external uncertainties. Although exports to the United States have declined by 20 percent this year, the company is leveraging internal adjustments and exploring new markets to recover.
Looking to the future, experts express optimism about export improvements following a collaborative approach between the government and businesses, which is anticipated to inject new momentum into China's economic growth amidst a complicated global trade scenario.
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