China_s_Economy_Defies_Global_Challenges__Attracts_Foreign_Investment

China’s Economy Defies Global Challenges, Attracts Foreign Investment

China's economic resilience continues to draw global confidence despite external pressures, with a foreign ministry spokesperson reaffirming Friday that the country's manufacturing prowess and market potential remain indispensable to international partners. New data reveals robust trade growth and infrastructure expansion, signaling sustained momentum in Asia's largest economy.

Trade Growth Defies Headwinds

From January to April 2024, China's goods trade increased by 2.4% year-on-year, accelerating to 4.3% growth in April alone. Port operations handled 5.755 billion tonnes of cargo during this period, while container throughput surpassed 110 million TEUs – increases of 3.7% and 7.9% respectively from 2023 levels.

Infrastructure Expansion Fuels Connectivity

The establishment of 101 new international air cargo routes and 195 additional weekly flights through May demonstrates China's commitment to maintaining global supply chain stability. Foreign Ministry spokesperson Lin Jian emphasized: "Whatever challenges emerge, China's manufacturing remains vital to the world. Our market will always attract foreign investment through open cooperation."

Rejecting Protectionism

Lin cautioned against economic fragmentation, stating: "Walls and barriers cannot prevent China from pursuing shared development with other nations." The remarks come as China's trade partners increasingly value its dual role as both manufacturing hub and consumption market, particularly in advanced industries like renewable energy and electric vehicles.

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