Actively expanding imports shows China taking initiative to shoulder its responsibility as a big country, and also makes important contributions to the growth of the global economy. In 2024, China’s total imports reached 18 trillion yuan, up by 2.3% year on year, hitting a new record high. China is expected to be the world’s second-largest import market for 16 consecutive years, fully demonstrating opportunities presented by China’s super big market and China’s resolution to expand opening up.

Actively expanding imports is also an important part of China’s pursuit of high-standard opening up. The characteristics of China’s market such as large capacity, multiple levels and huge potential have not changed, and China’s approach of implementing active and effective import policies has not changed. We will open up China’s goods market to the outside world in an orderly manner, implement zero tariff treatment for 100% of the products of the least developed countries with whom diplomatic relations have been established, continue to give full play to important trade show platforms including the CIIE, CICPE, and the Canton Fair, and push forward the building of the National Import Trade Promotion and Innovation Demonstration Zones. We will continue to improve the level of import facilitation and tap into the potential of imports, so as to build China’s super big market into a shared market for the world, injecting new impetus into the global economy. Thank you.