ACCORDING to data from the General Administration of Customs of China on Jan. 13, the total value of China's import and export of goods trade in 2024 was 43.85 trillion yuan ($5.98 trillion), a year-on-year increase of 5 percent, the scale of which hit a record high. Among them, foreign trade gained momentum in the fourth quarter, especially in December, when the import and export scale exceeded 4 trillion yuan for the first time, with a growth rate of 6.8 percent. The whole year's foreign trade concluded successfully.
These figures have received widespread attention from the outside world, with many Western media outlets describing them as "surprising" and "beating expectations." To a certain extent, this foreign trade "report card" can be regarded as a summary of the ratings of China by trading entities around the world, showing the international community's true attitude toward dealing with and doing business with China.
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