Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
BEIJING, Aug. 21 (Xinhua) — China has confidence and the potential to continue to maintain stable quantitative performance of foreign trade and improve its quality, the Ministry of Commerce said Thursday.
At present, global trade and economic development is still fraught with great uncertainty: many international organizations agree that tariff barriers have significantly increased the costs of global trade, department spokesperson He Yongqian said at a press conference.
Tariff barriers, she continued, had a serious impact on the efficiency and stability of global supply chains, creating downside risks for world trade.
Against this background, China is willing to consistently adhere to the expansion of high-level opening up to the outside world, unwaveringly go about its own affairs, and counteract various uncertainties with the confidence of high-quality development.
"We are also willing to work with more trading partners to jointly address challenges and share development opportunities," He Yongqian said.
China's total foreign trade in the first seven months of 2025 was 25.7 trillion yuan (about $3.6 trillion), up 3.5 percent year on year, with the growth rate accelerating by 0.6 percentage points compared with the first half of the year, according to the latest data from the General Administration of Customs. -0-
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
.