News & Insights Across Asia
China’s GDP growth rebounded to 5.4% in Q4 2024, surpassing expectations and signaling strong economic momentum into 2025. Key sectors like exports and manufacturing drove this growth.
China’s economy grew by 5% in 2024, meeting its annual target. Industrial output and exports led the growth, with fourth-quarter GDP rising by 5.4%, exceeding expectations.
China’s total foreign trade expanded 5% year on year in 2024, reaching a record 43.85 trillion yuan ($6.1 trillion), according to official data released on Monday.
China’s total goods imports and exports grew by 4.9% year on year in the first 11 months, reaching 39.79 trillion yuan, according to the General Administration of Customs.
In the first 11 months of 2024, China’s foreign trade reached 39.79 trillion yuan, marking a year-on-year increase of 4.9%, driven by significant growth in exports and key trading partnerships.
In the first 10 months of 2024, China’s total imports and exports reached a record 36.02 trillion yuan, highlighting the resilience and vitality of its industrial and supply chains amid global challenges.
Latin American companies are expanding their presence in the Chinese market through the 7th China International Import Expo, showcasing unique products and strengthening trade ties.
China’s foreign trade growth continues in 2024’s first three quarters, signaling strong economic momentum despite external challenges. Imports and exports totaled 32.33 trillion yuan, up 5.3% year on year.
China’s foreign trade surged 5.3% in the first three quarters of 2024, surpassing 32 trillion yuan for the first time, driven by robust exports and imports and significant contributions from private enterprises.
Sales of China’s new energy passenger vehicles surged by 36.9% in July, reaching 878,000 units. Exports also climbed, signaling growing global recognition of Chinese-made brands.
Ningxia’s goji berries are gaining global popularity, with exports rising significantly. The region is expanding its product range and reaching new international markets.
Is China dumping obsolete capacity or contributing to global growth? This article explores China’s role in the global market, addressing allegations of overcapacity and examining advancements in clean energy.
China’s National Development and Reform Commission (NDRC) states that high export volumes do not signify overcapacity. Official Jin Xiandong highlighted that supply-demand imbalances are common and promote competition.
China retains its position as the world’s top merchandise exporter for the seventh straight year in 2023, holding a 14.2% share of global exports, according to the Ministry of Commerce.
Japan’s release of nuclear-contaminated water from Fukushima raises global environmental concerns and prompts China to halt imports of Japanese aquatic products to protect public health.