(Source: "China Youth Daily" 2025-9-19)

“The diversified development of China’s foreign w88 not only provides enterprises from various countries with a rich supply of intermediate goods and broader market opportunities, but also injects stability and vitality into the world economy.” Professor of the National Institute of Opening-up and Global Innovation, w88 casino In an interview with a reporter from China Youth Daily and China Youth Daily, Lu Yue, executive director of the Institute of Governance, said that in the context of further increasing instability and uncertainties in the world economy this year, China has continued to consolidate the diversified w88 pattern, which has had a multi-faceted positive impact on companies from various countries and the world economy.

Since the beginning of this year, China’s foreign w88 has grown steadily, and its partners have become increasingly diverse. The latest data released by the General Administration of Customs shows that in the first eight months of this year, China's w88 in goods continued to grow steadily, with a total import and export value of 29.57 trillion yuan, a year-on-year increase of 3.5% (the same below). Among them, exports were 17.61 trillion yuan, an increase of 6.9%; imports were 11.96 trillion yuan, a decrease of 1.2%, and the decline narrowed by 0.4 percentage points compared with the previous seven months. In August, China's total import and export value of goods w88 was 3.87 trillion yuan, an increase of 3.5%. Among them, exports were 2.3 trillion yuan, an increase of 4.8%; imports were 1.57 trillion yuan, an increase of 1.7%. Exports and imports achieved double growth for three consecutive months.

In Lu Yue’s view, there are three main reasons why China’s foreign w88 has been able to buck the trend and maintain steady development in the face of a complex and ever-changing external environment: the strong resilience of the industrial and supply chains, the rapid development of new formats and new models of foreign w88, and the active efforts of policy combinations. "China's complete industrial and supply chain advantages have enhanced the resilience of foreign w88 and export competitiveness. China has the most complete manufacturing system in the world, and its manufacturing scale has ranked first in the world for many years in a row. Manufacturing intermediate product w88 occupies an important position in the global industrial division of labor system and supply chain system. In particular, China's 'three new' products such as electric vehicles, lithium batteries, and photovoltaic products are in line with the needs of various countries. The demand for green transformation has become a new advantage for China's exports. When the international supply chain is blocked, the completeness and rapid response capabilities of China's industrial chain also ensure the stable production and supply of export products. In addition, the vigorous development of new models such as cross-border e-commerce and market procurement w88 have also injected new vitality into foreign w88. More and more "Made in China" products have entered the international consumer goods market through cross-border e-commerce."

Lu Yue said that the series of policies introduced by China this year to stabilize foreign w88 and promote development are also one of the important factors in promoting the stable growth of foreign w88. "In response to the changing reality of the global w88 market environment this year, China has adopted a series of policies such as export transformation subsidies and tax exemption optimization to reduce the burden and increase efficiency of foreign w88 companies, and its export support has been significantly enhanced. The improvement of policies such as departure tax rebates has also spawned a "reverse purchasing" boom in the context of the tariff game, which not only improves the experience of overseas consumers, but also helps Chinese companies expand overseas markets."

It is noteworthy that in the first eight months of this year, China’s w88 relations with countries in the EU, ASEAN, Africa, Latin America and other regions remained strong. According to the latest data released by the General Administration of Customs on September 8, in the first eight months of this year, China’s imports and exports to the EU, ASEAN, BRICS, Africa and countries co-building the “Belt and Road” all achieved growth. Among them, as China's largest trading partner, the total w88 value between ASEAN and China was 4.93 trillion yuan, an increase of 9.7%; the EU is China's second largest trading partner, and the total w88 value between China and Europe was 3.88 trillion yuan, an increase of 4.3%. During the same period, China's total imports and exports to countries participating in the Belt and Road Initiative reached 15.3 trillion yuan, an increase of 5.4%.

“China is actively exploring diversified markets, providing a rich supply of intermediate goods and broader market opportunities for companies from all over the world.” Lu Yue analyzed to reporters that relying on China’s complete industrial system and efficient and stable supply chain advantages, companies from various countries can significantly reduce procurement and production costs and accelerate their integration into the global value chain by conducting intermediate goods w88 with China. In addition, China's insistence on expanding high-level opening up has also provided large-scale market dividends to companies from all over the world. China maintains an important strategic position in the global layout of multinational companies, and more multinational companies are actively establishing localized supply chain systems in China to enhance price competitiveness and market responsiveness. Even in the face of uncertainties such as tariff conflicts in the international market, companies from various countries still find it difficult to get rid of their dependence on China's supply chain and the Chinese market.

Data released by the Ministry of Commerce in July this year supports this judgment. Data show that from January to May this year, the number of newly established foreign-invested enterprises nationwide reached 24,018, a year-on-year increase of 10.4%. This figure fully illustrates the continued optimism of foreign investment in the Chinese market. High-tech industries have become a key area for foreign investment inflows. In the first five months of this year, the actual use of foreign investment in high-tech industries reached 109.04 billion yuan, of which the actual use of foreign investment in e-commerce services, aerospace vehicle and equipment manufacturing, chemicals manufacturing, and medical equipment and equipment manufacturing increased by 146%, 74.9%, 59.2%, and 20% respectively. The relevant person in charge of the Ministry of Commerce revealed that some multinational companies are adjusting their investment scale and business structure in China and actively adapt to China's domestic industrial upgrading trend. This adjustment in investment structure shows that foreign-funded enterprises not only value the scale advantage of the Chinese market, but also pay more attention to China's development potential in technological innovation and industrial upgrading.

In Lu Yue’s view, the diversified development of China’s w88 has also injected stability and vitality into the world economy. "Against the backdrop of rising unilateralism and protectionism, China has adhered to multilateralism and continued to expand high-level opening up to the outside world, constantly consolidating a diversified w88 pattern, and continuing to strengthen w88 ties with the EU, ASEAN and countries co-building the Belt and Road Initiative. This has not only promoted China's own economic prosperity, but also reduced The global trading system's reliance on the single market has effectively mitigated the impact of changes in the economic and w88 environment and has become a solid support for global economic recovery. China's foreign w88 diversification has also enabled more developing countries to participate deeply in the global value chain and promoted the development of the global economy in a more inclusive and inclusive direction."

“Facts have proved that tariff wars and w88 wars cannot shake the comparative advantages accumulated by China’s manufacturing industry for a long time, cannot change the fact that China’s high-quality products are world-renowned, and cannot reverse the trend of countries around the world supporting w88 liberalization and facilitation.” As Foreign Ministry spokesperson Lin Jian said at a press conference on September 17, “Building walls and barriers will only ultimately trap ourselves. Only by opening up channels can we achieve mutual benefit and win-win results.”

This newspaper, Beijing, September 18th

Original link:https://s.cyol.com/articles/2025-09/19/content_jpP9ZGH2.html