China plans to reach total imports & exports of $5.1 trillion by 2025

According to China’s 14th Five-Year Plan, China issued its plan to reach total imports and exports of US$5.1 trillion by 2025,

increasing from US$4.65 trillion in 2020.

The official authorities confirmed that China aimed to expand imports of high-quality products, advanced technology,

important equipment, energy resources, etc., as well as improve exports’ quality. Besides, China will set up standards and

certification systems for green and low-carbon trading, actively develop green product trade, and strictly control the exports of

high-polluting and high-energy-consuming products.

The plan also pointed out that China will actively expand trade with emerging markets such as Asia, Africa, and Latin America,

as well as stabilize international market share by expanding trade with neighboring countries.