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SCIO briefing on China's import and export performance in 2024

0 Comment(s)Print E-mail China.org.cn, February 24, 2025
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Xing Huina:

Due to time constraints, we will have two more questions.

Kyodo News:

In 2024, China's steel exports approached historic highs, even as trade tensions with certain countries escalated. What is China's perspective on this situation?

Wang Lingjun:

I will give the floor to Mr. Lyu to answer your question.

Lyu Daliang:

What I want to convey is that China is a responsible major country and a committed member of the WTO. We have consistently engaged in mutually beneficial trade with various countries in strict accordance with WTO rules. The continuous innovation and upgrading of the country's steel industry are primarily aimed at meeting domestic demand, while also providing innovative and high-quality products to many other countries. At the press conference for the third quarter of last year, I also mentioned that China's ultra-thin stainless steel, known as "hand-tearable steel," represents an advanced standard in the industry. China's steel exports comply with market principles and WTO rules. However, certain countries have adopted protectionist measures against China's steel, which violate international trade rules and drive up downstream production costs. This has disrupted the stability of global industrial and supply chains and does not facilitate the resolution of their own issues or concerns. The customs authorities will focus on their responsibilities to effectively safeguard the legitimate rights and interests of Chinese enterprises.

Thank you.

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