China Customs Accelerates Measures to Stabilize Foreign Trade Amid Global Uncertainties
China's General Administration of Customs (GAC) has announced an accelerated rollout of measures aimed at promoting steady growth in foreign trade, as the global trade environment becomes increasingly complex. At a recent committee meeting, the GAC emphasized its commitment to implementing initiatives that support Chinese enterprises in stabilizing overseas orders and expanding their markets.
To counter challenges posed by shifting global trade dynamics and protectionist measures from certain countries, the GAC is spearheading targeted customs policies to facilitate cross-border trade and enhance the competitiveness of Chinese businesses abroad. This move aligns with the broader objectives outlined in this year's Government Work Report, highlighting the vital role of foreign trade in sustaining economic growth.
Strategic Measures to Enhance Trade Stability
A key strategy adopted by the GAC is expediting customs procedures and reducing administrative burdens on exporters. A special initiative has been launched to streamline cross-border trade processes and support intermediate goods trade, aiming to minimize disruptions and maintain smooth trade flows amid ongoing uncertainties.
The GAC is also promoting innovative growth through overseas warehouses and foreign economic and trade zones, which enhance logistical efficiency and help maintain closer ties with overseas markets. Expanding the role of comprehensive bonded zones and transforming traditional export models remain central to the GAC's strategy.
Strengthening Support for Enterprises
Acknowledging the financial pressures on small and medium-sized enterprises (SMEs), the GAC is working with financial institutions to increase credit support and optimize cross-border trade settlements. In addition, efforts are underway to expand export credit insurance coverage, particularly targeting the “Little Giants” and other innovative companies with strong growth potential.
China's commitment to stabilizing foreign trade is also reflected in data released by the GAC, which reported a 3.4 percent increase in exports during the first two months of 2025, reaching 3.88 trillion yuan ($535.25 billion)—a record high for the period. Experts attribute this growth to robust policy support and the inherent resilience of China's export sector.
Navigating the Global Trade Landscape
Despite uncertainties arising from protectionist policies and geopolitical tensions, experts remain cautiously optimistic. Li Yong, a senior research fellow at the China Association of International Trade, noted that continued efforts by customs authorities to facilitate exports and ease logistical challenges are essential for sustaining growth momentum.
By adopting a proactive and adaptive approach, China's customs authorities demonstrate their determination to mitigate external shocks and safeguard the stability of foreign trade. As the global economy evolves, the GAC's strategic initiatives are expected to play a critical role in maintaining China's economic resilience and solidifying its position as a global trading powerhouse.
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