At a press conference Monday, Vice Minister of the General Administration of Customs of China Wang Lingjun refuted U.S. overcapacity claims, stating that China's robust manufacturing sector ensures stable global industrial and supply chains and drives global technological progress and industrial upgrading.
January 15, 2025China's total value of imports and exports reached a record high of 43.85 trillion yuan (US$6.16 trillion) in 2024, an increase of 5% year on year, said Wang Lingjun, vice minister of the General Administration of Customs of China, on Monday.
January 13, 2025China does not pursue a trade surplus, and the country's trade balance is shaped by broader international market forces rather than deliberate intervention, an official said on Monday.
January 14, 2025The so-called "overcapacity" in China's exports is pure fallacy, said a Chinese customs official on Monday.
January 14, 2025China's foreign trade hit a record high in total value in 2024 as the world's second-largest economy further consolidated its top position globally in goods trade.
January 13, 2025