China’s Trade Grows 2.9% in Early 2025! 🚀
Hey there! Have you ever traded something like swapping toys or stickers with your friends? 🤝 Well, countries do something similar, and it’s called “trade”! China, one of the biggest countries in the world, has some exciting news about its trading with other nations in the first half of 2025. Let’s dive in!
What’s the Big News? 📰
From January to June 2025, China traded goods worth a whopping 21.79 trillion yuan (that’s about $3.04 trillion)! That’s a 2.9% increase compared to the same time last year. 📈 It shows that China is doing a great job, even when things are tough around the world.
Exports and Imports: What’s the Difference? 📦
Exports are goods that China sells to other countries. Imagine selling your homemade cookies to your neighbors! 🍪 China’s exports grew by 7.2%, reaching 13 trillion yuan.
Imports are goods that China buys from other countries, like getting cool gadgets from abroad. 🎮 Imports went down a little by 2.7%, totaling 8.79 trillion yuan.
June Was a Jumping Month! 🏃♂️
In June, things got even better! Both exports and imports increased compared to last year, showing that China’s trade is picking up speed. 🚄
Private Businesses are the Heroes! 🦸♀️
Private companies, like your local bakery or tech start-up, played a big role. Their trading reached 12.48 trillion yuan, up 7.3% from last year! They make up more than half of China’s total trade. That’s amazing! 🌟
Foreign Friends Joining In 🤝
Businesses from other countries (called foreign-invested enterprises) traded 6.32 trillion yuan with China, which is a 2.4% increase. And guess what? There are now 75,000 foreign companies trading with China—the most since 2021! 🌍
Trading with the European Union 🇪🇺
China and the European Union (EU) traded 2.82 trillion yuan, up 3.5%. They’ve been good trade buddies for a long time. It’s like two friends sharing and helping each other out! 🤗
Friends All Around the World 🌐
China also traded with countries in the BRICS group and those in the Belt and Road Initiative. Trade with BRICS countries was 6.11 trillion yuan (up 3.9%), and with Belt and Road countries, it was 11.29 trillion yuan (up 4.7%). That’s over half of China’s total trade! Isn’t that cool? 🌏
Why Does This Matter? 🤔
This growth in trade means more jobs, more products, and stronger friendships between countries. It’s like when you share and trade with your friends—you all benefit! 😊
Looking Forward 🚀
Even with challenges around the world, China’s trade is growing. That’s a positive sign for everyone. Who knows what exciting things the rest of 2025 will bring? Stay tuned! 📺
Reference(s):
cgtn.com
