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In the latest plan report submitted for review on the 5th, it was stated that China's total foreign trade volume is expected to grow by approximately 8% in 2010. This marks a significant step forward as the country aims to achieve positive growth in its import and export activities after a challenging year impacted by the global financial crisis.
Last year, China's foreign trade suffered due to the international economic downturn. The total value of imports and exports reached $2.20727 trillion, marking a 13.9% decline compared to the previous year. However, the situation began to improve as the export sector saw a turnaround in December last year, with a 17.7% year-on-year increase. This upward trend continued into January this year, with a remarkable 44.4% growth in foreign trade activity.
Vice Minister of Commerce Zhong Shan expressed confidence that, assuming no major changes in domestic or international conditions, China's foreign trade could fully recover in 2010. He emphasized the importance of maintaining steady policies that support external demand and foster sustainable growth.
Yan Yalian, a member of the National Committee of the Chinese People’s Political Consultative Conference, has already noticed signs of recovery in China’s foreign trade. She attributed this improvement to the gradual enhancement of the external economic environment and the effectiveness of China’s stable external demand policies. However, she also cautioned against over-optimism, noting that global demand structures have changed significantly in the post-crisis era, making past high growth rates unrealistic.
Liang Yaowen, a deputy to the National People’s Congress, highlighted the challenges still facing China’s foreign trade. He pointed out that the foundation for global economic recovery remains fragile, and rising trade protectionism poses additional risks. Additionally, many Chinese enterprises still rely on extensive development models, with limited core competitiveness. As a result, external demand will continue to face numerous obstacles.
Trade friction remains a key concern. In 2009, over 100 trade disputes involved Chinese products, totaling around $12 billion. This year, countries such as the United States, the European Union, and Argentina have launched investigations into Chinese goods like drill pipes, coated paper, and clothing, highlighting ongoing tensions.
Liu Jie, another National People’s Congress deputy, stressed the importance of not losing momentum despite temporary dips in foreign demand or protectionist pressures. He emphasized that foreign trade plays a crucial role in leveraging China’s comparative advantages, promoting employment, and increasing household income. Maintaining stable and continuous external demand policies is essential for long-term success.
Sun Yishu, chairman of the National People’s Congress and CEO of Inspur Group, urged domestic companies to enhance their independent innovation capabilities, particularly in key technology areas. He suggested that businesses should explore new ways to enter international markets and reduce trade conflicts through localized operations.
Representative Liang Yaowen also emphasized the need for structural adjustments and a shift in development models to drive broader economic transformation. In the current complex domestic and international environment, he believes that expanding into diverse markets, developing service trade, and optimizing the trade structure are vital steps toward achieving a more sustainable and advanced foreign trade system.
July 18, 2025