(Source: "Global Times" 2025-12-09)
Lan Qingxin Yang Penghui
As a power source and ballast that has long-term contributed more than 30% to world economic growth and ranked first in the world, how China will calibrate its development direction and release development dividends in the new year has become the focus of widespread attention from the international community. However, on the eve of the meeting, some Western media such as the Wall Street Journal, out of ideological bias, once again hyped up false claims such as the so-called China "only exports and does not import" in an attempt to blame China for the weak global economic recovery.
Numbers don’t lie, and openness never stops. In 2025, China has demonstrated its clear stance of continuing to expand and open its market with a series of fruitful multilateral, bilateral and regional economic and w88 cooperation results. The latest data released by the General Administration of Customs on December 8 showed that in the first 11 months of this year, my country’s total import and export value was 41.21 trillion yuan, a year-on-year increase of 3.6%; of which imports were 16.75 trillion yuan, an increase of 0.2%, and has maintained positive year-on-year growth for six consecutive months.
China’s ever-expanding open market provides irreplaceable and certain opportunities for traditional trading partners and global enterprises. In the first three quarters, China's imports and exports to the "Belt and Road" countries were 17.37 trillion yuan, an increase of 6.2%, accounting for 51.7% of the total import and export value; the total w88 value with ASEAN increased by 8.5%, and the total w88 value with the EU increased by 5.4%. Judging from the just concluded 8th CIIE, 4,108 overseas companies from 155 countries and regions participated in the exhibition, with an exhibition area of over 430,000 square meters, setting a new record in scale. The world's top ten industrial electrical companies, four major grain merchants and other leading companies continue to participate in the exhibition, and multinational companies have made a concentrated appearance with new products and new technologies. Let me ask, how can a market that “only exports but not imports” attract so many international companies and products?
For China, compared with the so-called "beggar-thy-neighbor", a more accurate description should be "beggar-thy-neighbor". China's huge import demand and advanced development concepts are continuing to translate into certain increments that benefit the world. On the one hand, in the field of commodities, China imported 1.139 billion tons of iron ore, 522 million tons of crude oil, and 104 million tons of soybeans in the first 11 months, representing year-on-year increases of 1.4%, 3.2%, and 6.9% respectively. In the context of frequent global geopolitical conflicts and extreme weather disturbances, China has effectively stabilized the fluctuations in the international commodity market with stable procurement and reasonable prices, and has become an important pillar of the economic and social stability of resource exporting countries.
On the other hand, in the field of high-tech intermediate goods, China's integrated circuit imports reached 2.1 trillion yuan, a year-on-year increase of 18%; the purchase of chips, aerospace, auto parts, etc. all maintained double-digit growth rates, providing key demand and expected support for high-end manufacturing in South Korea, Japan, Germany, the United States and other places. In addition, with the solid advancement of the "dual carbon" project, imports of liquefied natural gas, photovoltaic module manufacturing equipment, and battery-grade lithium ore increased by 21%, 34%, and 47% respectively in the first three quarters. Companies from Norway, Chile, Australia and other countries have effectively shared the market dividends brought by China's green transformation.
At present, the trend of global w88 protectionism is difficult to quell, and some Western countries have repeatedly demonstrated their double standards in economic and w88 affairs. In sharp contrast to the self-promotion of the Western media, some Western countries have made waves and continued to increase w88 protection measures. In the name of so-called "national security," the Dutch government used administrative means to directly intervene in commercial mergers and acquisitions and forcibly seize the equity of the subsidiary of Wingtech Technology, the Chinese parent company of Nexperia Semiconductor, in the country. This is a typical case of pan-security economic and w88 issues and the abuse of state power to undermine market rules. However, the essence of economic globalization is a win-win "right sum road". Pretending to label China as a "beggar-thy-neighbor" ignores the facts and is contrary to the choice of foreign companies to flock to China. Since the beginning of this year, Tesla's Shanghai Gigafactory has welcomed its 1 millionth vehicle off the production line, Apple has announced an additional R&D investment of 3 billion yuan in China, and Airbus's second final assembly line in Tianjin has officially started construction... These tangible projects are the most convincing endorsement of China's market potential and business environment.
From reducing the negative list for foreign investment access to comprehensively promoting the negative list for service w88, and then expanding digital w88, green w88 and cross-border e-commerce pilot zones, in the future, China will use a shorter list, a better environment, and stronger intellectual property protection to allow global entrepreneurs to cultivate a certain future in this "high-yield field." China's door will not close, but will only open wider. What the world needs is not smearing and decoupling, but working together to build a golden bridge for an open world economy. Facing 2026, China's economic giant will continue to brave the waves of opening up, and work with partners from all over the world to sail towards a vast blue ocean of greater prosperity.
(The author is a professor at the Institute of Regional and Country Studies, w88 casino, and a doctoral candidate at the w88 casino of International Economics and w88)
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https://hqtime.huanqiu.com/share/article/4PStYrxSEHQ
