China remains top merchandise exporter in 2023 for 7th straight year
Time:2024-05-21 07:44:14 Source:healthViews(143)
China remained the top merchandise exporter in 2023 for the seventh straight year with its share in world exports at 14.2 percent, almost the same as the level in 2022, the Ministry of Commerce said.
The ministry made the remarks in response to the latest edition of World Trade Organization's (WTO) "Global Trade Outlook and Statistics," which foresees a gradual recovery in world merchandise trade volume in 2024 and 2025, following a contraction in 2023.
China stayed as the second top merchandise importer in 2023 with a share of 10.6 percent, basically the same with the level in 2022, the ministry said.
Despite the difficult recovery of the world economy, China has maintained steady performances in world merchandise trade, showing strong growth resilience, the ministry noted.
This showed that China's quality products are welcomed by the global market and imports into China's large domestic market have helped drive the economic growth of other countries, the ministry said.
The WTO report also cautioned that there is a high degree of uncertainty associated with the current forecast due to the large number of risk factors present in the global economy, including regional conflicts, geopolitical tensions, and rising protectionism.
Previous:Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
Next:Analysis: Larson enters conversation with Verstappen as best drivers in the world
You may also like
- Siblings trying to make US water polo teams for Paris Olympics
- China to build 5 tugboats for Egypt's Suez Canal
- Guiyang's autonomous vehicles reflects booming development in digital manufacturing sector
- Urumqi takes measures to meet residents' need amid efforts to contain COVID
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Spotlight: U.S. authorities tell int'l students to leave U.S. if universities go online
- Beijing to welcome 50 giant pandas to new research base
- Xi Congratulates U.S.
- Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse