China's foreign trade will maintain steady growth in 2023, thanks to the improved trade structure and the nation's proactive measures to tackle challenges such as geopolitical tensions and fluctuations in external demand, experts said.
The growth of China's foreign trade will play a key role in underpinning the global supply chain this year, they said.
China's foreign trade grew by 5.8 percent year-on-year to 13.32 trillion yuan in the first four months of 2023, data from the General Administration of Customs showed.
Exports rose 10.6 percent year-on-year to 7.67 trillion yuan, further easing market concerns over the export outlook of the world's second-largest economy for this year.
The strong performance of China's exports between January and April was driven by its fast-growing green and high-end manufacturing industries, including new energy vehicles, lithium-ion batteries and solar cells, as well as domestic companies' greater participation in trade shows both at home and abroad.
