China has solidified its role as a global trade powerhouse, now standing among the top-three trading partners for 157 countries and regions worldwide, according to a Monday announcement by customs authorities.
Sun Meijun, head of the General Administration of Customs, emphasized China's achievements in advancing high-level economic openness during a press conference reviewing progress under the 14th Five-Year Plan (2021-2025). The revelation underscores China's growing influence in reshaping international supply chains and fostering multilateral cooperation.
Analysts suggest this development reflects both China's industrial modernization efforts and its strategic positioning as a stabilizing force in global commerce. For business leaders, the data signals expanding market opportunities across Asia's manufacturing and technology sectors. Researchers note the statistics provide concrete evidence of shifting trade patterns accelerated by digital infrastructure investments and green energy partnerships.
The announcement comes as multinational corporations increasingly align operations with China's dual circulation strategy, which emphasizes domestic innovation while maintaining global connectivity. For the Asian diaspora, these trade ties reinforce cultural and economic bridges between their adopted countries and ancestral homelands.
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China emerges as a top-3 trading partner for 157 countries, regions
cgtn.com