Home / Blogs / Industry News / For Seven Consecutive Years, It Has Remained The World's First! Foreign Trade Seven Consecutive Years Highlights The New Advantages Of Exports

For Seven Consecutive Years, It Has Remained The World's First! Foreign Trade Seven Consecutive Years Highlights The New Advantages Of Exports

Views: 0     Author: Site Editor     Publish Time: 2024-01-30      Origin: Site

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Following the first breakthrough of 40 trillion yuan mark in 2022, China's foreign trade hit a new high in 2023, with a total trade volume of 41.76 trillion yuan, the world's first for seven consecutive years, to maintain the stability of the global industrial chain supply chain, and to promote the recovery of the world economy after the epidemic, and made an indispensable contribution.


This is a weighty "seven consecutive championships". Affected by the epidemic, geopolitics and other multiple factors, the world economic recovery is weak, the overall performance of global trade is sluggish, weak external demand to China's exports has brought a direct impact. Against this background, China's foreign trade has withstood external pressures, overcome internal difficulties, not only achieved a reasonable growth in volume, the overall stability of the share, but also in the growth momentum, regional layout and other aspects of the quality of the effective enhancement of China's foreign trade has demonstrated the strong resilience and comprehensive competitiveness.


This is a "seven consecutive championships" with determination. Thanks to the unremitting transformation and upgrading, the comparative advantage of China's manufacturing industry in the global industrial division of labor has been further consolidated, and the export kinetic energy has become richer and more active. Relying on high-end, intelligent, green iteration, clothing, furniture, home appliances and other "old three things" continue to revitalize; with new technologies, new products stand out, new energy vehicles, lithium batteries, photovoltaic products and other "new three things" continue to lead the market, reflecting the Made in China to China's determination and strength.


This is a dynamic "seven consecutive championships". The achievement of foreign trade report card can not be separated from the hard work of each foreign trade business main body. 2023, China's foreign trade main body with import and export records for the first time exceeded 600,000, amounting to 645,000, of which 556,000 are private enterprises, and has become a driving force to promote the high-quality development of foreign trade. In the face of the changing international market, the majority of foreign trade business entities forge ahead, rise to the challenge, and actively grasp the order, expand the market, seek development, and continue to open up new space for the development of foreign trade.

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In the new year, China's foreign trade development of the external environment is still severe and complex, market uncertainty and instability is still rising, foreign trade to achieve steady growth will encounter many difficulties, but we should see, China's economy has not changed the long-term positive trend, supporting high-quality development of the elements of the conditions continue to gather more, especially foreign trade "seven consecutive crowns! "further consolidate the foundation of foreign trade steady growth, improve quality, increase efficiency, more new export advantages are accelerating the formation.


Foreign trade policy advantages will continue to release. In recent years, the Party Central Committee, the State Council on foreign trade to promote stability and quality of a series of deployments in optimizing and improving the business environment, promote the integrated development of domestic and foreign trade, and promote the sustainable development of processing trade launched a package of combinations of these policies are expected to continue to release the dividends. At the same time, China is actively promoting economic and trade exchanges with countries building the "Belt and Road", and steadily promoting the construction of high-level opening platform, creating favorable conditions for future trade growth.


The advantages of a complete industrial system and a large-scale market will further emerge. China has the world's largest middle-income group and the most promising consumer market. China has a complete range of industries and the largest manufacturing industry in the world. Whether it is a large ship or airplane, or a small button, "Made in China" can always meet the needs of different markets. In recent years, more and more foreign trade enterprises have begun to strengthen the digital and intelligent management of the supply chain, through close cooperation with suppliers, logistics service providers, etc., in order to improve the transparency and reliability of the supply chain, and continue to improve the efficiency of exports.


The advantages of independent brands will be more widely recognized. From processing with supplied materials in the past to the continuous expansion of the influence of Chinese brands, Chinese enterprises have continued to improve product quality and technology content in independent innovation, which has contributed to the continuous growth of self-branded exports.2023, China's exports of self-branded products grew by 9.3%, and the export destinations increased to more than 200 countries and regions around the world. At the same time, Chinese enterprises are increasingly emphasizing sustainable development, green production, low-carbon technology to speed up the application, is expected to further enhance the competitiveness of Chinese brands.


Objectively, this year, global trade is expected to be difficult to return to a stable growth track, China's foreign trade to achieve a reasonable growth in quantity and quality of effective enhancement, need to pay more efforts. But as long as we consolidate the foundation of stable growth and give full play to our own advantages, the road of high-quality development of China's foreign trade will be wider and wider.

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