China's Ministry of Commerce reaffirmed its confidence in maintaining stable foreign trade development on Thursday, pledging to address global economic uncertainties through strategic reforms and international cooperation. Spokesperson He Yongqian emphasized the country's preparedness to 'manage uncertainties with high-quality development' amid rising global trade barriers.
Recent data from the General Administration of Customs reveals China's trade in goods reached 25.7 trillion yuan ($3.6 trillion) in the first seven months of 2025, marking a 3.5% year-on-year increase. This acceleration comes despite warnings from international organizations about tariff barriers inflating global trade costs by up to 15% since 2023.
'The protectionist measures adopted by some economies have disrupted industrial chains and created systemic risks,' He stated, while highlighting China's commitment to expanding high-standard opening-up policies. The ministry plans to strengthen partnerships with trading nations to stabilize supply chains and explore emerging markets.
Analysts suggest China's focus on digital trade platforms and green energy exports could drive future growth, particularly in Southeast Asian and Middle Eastern markets. The government's latest trade facilitation measures, including streamlined customs procedures, are expected to benefit small and medium-sized enterprises.
