China’s foreign trade is expected to continue growing in 2025, but the pace of growth may slow. In 2023, China’s total goods trade value reached 41.76 trillion RMB, a year-on-year increase of 2.7%. Trade with Belt and Road countries accounted for 46.6% of the total, indicating strengthened regional economic collaboration. Meanwhile, the cross-border e-commerce market expanded to 16.85 trillion RMB, emerging as a vital driver of trade growth.
Green and digital trends remain key to future trade dynamics. Exports of the “new trio” products—electric vehicles, lithium-ion batteries, and solar panels—grew by 29.9%, showcasing China’s global competitiveness in the green economy. Cross-border e-commerce also surged, with 189 million users and B2B transactions contributing 70.2% of total activity, underscoring the transformation of traditional supply chains.
However, factors such as rising trade protectionism, global supply chain realignments, and stricter environmental trade barriers pose challenges. While agreements like RCEP reduce tariff barriers for SMEs, slower growth in traditional markets like the EU and U.S. may impact overall trade performance.
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Our supply chain management and procurement expertise helps overseas businesses navigate uncertainties, identify top-quality suppliers, and leverage digital tools for streamlined operations. Contact us today to seize opportunities in a dynamic trade environment and drive your business growth effectively.
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WEIYU GLOBAL specializes in providing comprehensive supply chain management solutions for small and startup enterprises in the world. Our mission is to help you optimize their supplier management processes, saving both time and resources while enhancing project cycle and improving supply chain quality.
