Ministry of Commerce: Positive results achieved in building a strong trading nation.

Minister of Commerce Wang Wentao stated that during the "14th Five-Year Plan" period, China's foreign trade achieved growth against the trend, and the construction of a strong trading nation has achieved positive results, which can be summarized in three key words. "Big": the status of a major trading nation is stable. By 2024, the scale of goods trade will have increased by 32.4% compared to the end of the "13th Five-Year Plan" period in 2020, maintaining the global number one position for 8 consecutive years. "Strong": the pace of building a strong trading nation is accelerating. By 2024, the proportion of exports of high-tech products reached 18.2%, the trade volume of knowledge-intensive service increased by 38% compared to 2020, and during the same period, the trade volume of services deliverable digitally increased by nearly 40% compared to 2020. "Resilient": the resilience and anti-shock capabilities of foreign trade have significantly strengthened. China's foreign trade production and supply chains are becoming more complete, flexible, and efficient, with a stronger ability to respond to risks and challenges.