12 Feb 2025

It broke 43 trillion yuan for the first time! For eight consecutive years, China has ranked first in the world in goods trade

It broke 43 trillion yuan for the first time! For eight consecutive years, China has ranked first in the world in goods trade

 

Recently, Sun Meijun, secretary of the Party Committee of the General Administration of Customs, said at the National Customs work conference that in 2024, China's foreign trade exceeded the 43 trillion yuan mark for the first time, an increase of 5% year-on-year, and maintained the status of the first country in goods trade for the eighth consecutive year.

 

In 2024, in response to the increase of external uncertainties and unstable factors, the customs will provide excellent services and promote convenience to promote the quality and quantity stability of China's foreign trade.

 

Throughout the year, we introduced and implemented 16 measures to further optimize the business environment at ports and facilitate customs clearance for enterprises. We implemented tariff concessions and various preferential tax measures, and reduced or refunded 282.9 billion yuan in taxes. In 20 cities, special actions have been launched to facilitate cross-border trade, and 29 reform and innovation measures have been replicated nationwide. To allow 111 kinds of secondary agricultural and food products from 62 countries and regions to be exported to China; Promote the opening of 14 new or expanded ports; Seven new bonded logistics centers were set up.

 

Sun Meijun believes that at present, the biggest challenge facing the development of China's foreign trade is the impact of the external environment. In 2025, the national customs should promote high-quality development and high-level opening up as a top priority.

 

Specifically, in terms of promoting the steady volume and quality of foreign trade, the key work includes: promoting the superposition of stock increment policies, increasing the implementation of 16 customs support measures and effect evaluation, lengthening the list of "Certified business operators" (AEO) enterprises to enjoy preferential measures, and introducing and implementing special measures for customs to promote the steady growth of foreign trade; We will launch a special action to promote cross-border trade facilitation in 2025, promote innovation in the "single window" service model for international trade, implement measures to further facilitate customs clearance at air ports, and support the development of logistics projects such as railway and public transport. We will deepen the reform of processing trade, promote the development of bonded maintenance and bonded remanufacturing, diversify imports of agricultural and food products, and expand exports of agricultural and food products.

 

In terms of high-quality service opening to the outside world, the national customs will focus on expanding institutional opening and deepening the innovation of customs supervision system, including: high-quality service to jointly build the "Belt and Road"; Do a good job of Hainan Free Trade port closure and operation; Implement the strategy of upgrading the pilot free Trade Zone, study and implement a new round of measures for customs to support the development of Hengqin Guangdong-Macao Deep Cooperation Zone, accelerate the transformation and upgrading of the comprehensive protection zone, and promote the reform of the approval mechanism of the bonded logistics center;​ Recently, Sun Meijun, secretary of the Party Committee of the General Administration of Customs, said at the National Customs work conference that in 2024, China's foreign trade exceeded the 43 trillion yuan mark for the first time, an increase of 5% year-on-year, and maintained the status of the first country in goods trade for the eighth consecutive year.

 

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