In 2024, Chinas yarn and fabric exports maintained growth under international political and economic pressures, with strong performance in the ASEAN market, while markets in South Asia, the Middle East, North America, and Europe faced challenges.
In 2024, Chinas bicycle exports saw increased volume but decreased prices, facing challenges such as exchange rate fluctuations and market competition, while technological innovation and market expansion brought new opportunities.
In the first half of 2024, Chinas total import and export value of goods trade increased by 6.1% year-on-year, with mechanical and electrical products accounting for 58.9% of exports. Private enterprises showed rapid growth in import and export, reflecting stable and positive trends in foreign trade.
Despite ongoing sanctions, Russias steel exports to the EU hit a two-year high in May, with significant import increases in Italy and the Netherlands, Spain resuming imports—a game between market demand and political pressure.
In the first half of 2024, countries including China, South Korea, and Vietnam achieved significant growth in goods imports and exports, indicating a gradual recovery in the global economy and a rebound in international market demand.
EU member states are divided on imposing tariffs on Chinese electric vehicles, with Germany abstaining, Italy and Spain supporting, and other countries stances unclear, impacting China-EU trade relations.
The US Department of Commerce Initiates Anti - dumping and Counter - vailing Duty Investigations on Brake Drums from China and Turkey and Low - Speed Passenger Vehicles from China, Involving Multiple Customs Codes, Affecting International Trade and Related Enterprise Strategies.
The Shanghai Airport Group has released a pilot plan to optimize the transportation process of cross - border e - commerce goods, improve transportation efficiency and safety, and consolidate Shanghais position as an international air cargo hub.
: The United States and Mexico have implemented new measures to set limits on Chinese steel and aluminum products to prevent circumvention of US tariffs through Mexico, affecting the global trade pattern and the economic relations among China, the United States, and Mexico.