CCTV News: In 2024, China's total import and export value of goods exceeded 43 trillion yuan, and the total volume, incremental volume and quality of foreign trade have been improved, showing the characteristics of better structure, stronger subjects, and more partners. A highlight is that the meaning of "new" is more sufficient. China's new products, new business forms and new brands are constantly emerging, and the foreign trade contains "new" volume continues to rise.

According to statistics, in 2024, China's total import and export value of goods trade was 43.85 trillion yuan, a year-on-year increase of 5%. Among them, the export scale exceeded 25 trillion yuan for the first time, reaching 25.45 trillion yuan, a year-on-year increase of 7.1%, maintaining growth for the eighth consecutive year. Imports were 18.39 trillion yuan, an increase of 2.3%.

In the fourth quarter of 2024, foreign trade achieved a quarterly historical high of 11.51 trillion yuan, an increase of 0.4 percentage points from the third quarter. Especially in December, the scale of imports and exports exceeded 4 trillion yuan for the first time, and the growth rate increased to 6.8%, and the foreign trade for the whole year was successfully concluded.

In 2024, more new products with high-tech attributes will accelerate their "going overseas". The exports of electric vehicles, 3D printers and industrial robots achieved growth of 13.1%, 32.8% and 45.2% respectively. The independent brands have "gained countless fans", accounting for China's exports by 0.8 percentage points year-on-year to 21.8%. Domestic trendy brands have blew a "Chinese style" all over the world.

Traditional manufacturing enterprises in Zhejiang, a major foreign trade province in China, have developed "new tricks" through innovation. Wuyi County Economic Development Zone has launched a number of fully automatic production lines at full capacity, and its downline products are soon sold to more than 30 countries and regions including Europe and Australia.
China has a complete industrial system, scientific and technological innovation leads the sustainable development of new quality productivity, and the iterative and upgraded "Made in China" has formed many export "hot products".

Wang Lingjun, deputy director of the General Administration of Customs, said that washing machines made in China are equipped with AI "smart washing" function, which can automatically detect the weight and material of clothes and select the best washing mode. Smart home appliance products inject new energy into the traditional home appliance industry, driving the growth of my country's national electricity exports by 15.4% last year.
In 2024, China's foreign trade will achieve quality improvement and volume stability, regional coordinated development will burst out with vitality, the eastern, central, western and northeastern regions will complement each other's advantages and show their strengths, and all imports and exports will achieve growth.

Lu Daliang, Director of the Statistical Analysis Department of the General Administration of Customs, said that the ice and snow economy industry in the Northeast region continues to make efforts, and the export of ski shoes and skis to Germany, Italy and the Netherlands has increased exponentially, adding a new bright color to my country's foreign trade.
