Tag: Econcomy

  • China’s Foreign Trade Shows Strong Growth in Early 2025

    China’s Foreign Trade Shows Strong Growth in Early 2025

    In related developments, China has maintained open lines of communication with the United States Department of Commerce, responding to US President Donald Trump’s recent remarks that Washington may reach a new trade agreement with Beijing. The Ministry of Commerce emphasized that ongoing dialogue is crucial for resolving trade issues and enhancing cooperation between the two nations.
    China’s foreign trade has experienced significant growth in the first months of 2025, with both exports and imports rising sharply. The General Administration of Customs reported that exports, particularly in high-tech products and consumer goods, saw substantial increases. This has led to a widening trade surplus. The expansion is also attributed to China’s strategic partnerships under the Belt and Road Initiative and regional trade agreements, which continue to bolster trade. Experts predict steady growth in the coming months as China diversifies its trade partners and adapts to shifting global demand.

    (By Ziqi Qin)

    (Ref:https://www.chinadaily.com.cn/a/202502/28/WS67c10d7da310c240449d7c22.html)

  • China’s Low-Altitude Economy: A Transformative Force for the Future

    China’s Low-Altitude Economy: A Transformative Force for the Future

    China is poised to revolutionize its economy through the rapid development of its low-altitude economy. The low-altitude economy refers to the use of drones, small aircraft, and other flying vehicles operating below 1,000 meters (3,280 feet) to enhance various industries such as logistics, agriculture, and environmental monitoring. This sector is gaining momentum as advancements in technology make these flying vehicles more accessible and efficient. The government has committed to fostering innovation in this field, with new policies and regulations aimed at boosting technological advancements and ensuring safety. Experts predict that China’s low-altitude economy will significantly transform traditional industries, create new economic opportunities, and help achieve sustainable growth. This shift is expected to not only enhance productivity but also position China as a global leader in the sector.

    (By Ziqi Qin)

    (Ref:https://www.chinaservicesinfo.com/s/202501/06/WS677b38b2498eec7e1f72c6f7/chinas-low-altitude-economy-a-transformative-force.html)