MOFCOM foreign trade department head He Shaojun said China does not deliberately pursue a trade surplus and will continue to promote balanced import and export development, keep markets open and firmly expand imports. In 1H, goods imports rose 22.1% YoY, clearly outpacing exports. China remains the world’s second-largest import market, with large-scale demand providing strong momentum for trading partners. Since last year China launched the Export China brand and plans to hold more than 100 impo

MOFCOM foreign trade department head He Shaojun said China does not deliberately pursue a trade surplus and will continue to promote balanced import and export development, keep markets open and firmly expand imports. In 1H, goods imports rose 22.1% YoY, clearly outpacing exports. China remains the world’s second-largest import market, with large-scale demand providing strong momentum for trading partners. Since last year China launched the Export China brand and plans to hold more than 100 import-promotion events annually; overseas Export China events have produced intended procurement agreements between Chinese and local firms, broadening sourcing channels and easing market access for foreign companies.