Stabilizing and Improving Quality in China's Foreign Trade

2023-07-08

Beijing, July 17th (Reporter Li Qiaochu) Recently, customs released data showing that in the first half of this year, 

China's total import and export value of goods trade was 20.1 trillion yuan, a year-on-year increase of 2.1%, 

and the scale exceeded 20 trillion yuan for the first time in history during the same period.


This breakthrough was achieved against the backdrop of a complex and severe external environment and a slowdown in global trade and investment, 

as well as the disappearance of early 'one-time driving factors' such as epidemic prevention materials and' housing economy 'products. It is indeed not easy. 

"On July 13th, Lv Daliang, spokesperson for the General Administration of Customs and Director of the Department of Statistics and Analysis, 

stated at a press onference of the State Administration for Foreign Affairs, 

The World Trade Organization predicts that global trade in goods will grow by 1.7% this year, 

significantly lower than the average level of 2.6% in the past 12 years. 

The slowdown in trade is a common challenge faced by various economies, 

and the difficulties are more global. Compared with neighboring economies that have already released data, 

China's foreign trade still shows strong resilience and its competitive advantage is stable and strengthened