China to boost imports of high-quality consumer goods | investinchina.chinadaily.com.cn

China to boost imports of high-quality consumer goods

Xinhua Updated: Mar 29, 2024
Containers get loaded on an automated wharf at a port in Shanghai. [Photo/IC]

BEIJING - China's Ministry of Commerce (MOC) will continue to promote high-level opening up and expand imports of high-quality consumer goods, an official said on Wednesday.

Customs data shows that China imported 1.95 trillion yuan ($274.65 billion) of consumer goods in 2023, up 1.2 percent from the previous year, said Xu Xingfeng, director of the MOC department for market operation and consumption promotion.

Preliminary statistics show the total value of cross-border e-commerce retail imports reached 141.77 billion yuan in 2023, up 7 percent year-on-year, he said.

The ministry will further improve the level of import trade facilitation, give full play to the platform role of consumer exhibitions and enhance the convenience of cross-border business personnel exchanges, amid efforts to build China's super-large market into a large market shared by the world, he said.

Customs officials check imported red wine at Beijing Daxing International Airport in mid-February. [Photo provided to China Daily]
A customer checks out products at an outlet of retail discount chain Hitgoo in Shanghai in December 2022. CHINA DAILY

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China to boost imports of high-quality consumer goods

Xinhua Updated: Mar 29, 2024
Containers get loaded on an automated wharf at a port in Shanghai. [Photo/IC]

BEIJING - China's Ministry of Commerce (MOC) will continue to promote high-level opening up and expand imports of high-quality consumer goods, an official said on Wednesday.

Customs data shows that China imported 1.95 trillion yuan ($274.65 billion) of consumer goods in 2023, up 1.2 percent from the previous year, said Xu Xingfeng, director of the MOC department for market operation and consumption promotion.

Preliminary statistics show the total value of cross-border e-commerce retail imports reached 141.77 billion yuan in 2023, up 7 percent year-on-year, he said.

The ministry will further improve the level of import trade facilitation, give full play to the platform role of consumer exhibitions and enhance the convenience of cross-border business personnel exchanges, amid efforts to build China's super-large market into a large market shared by the world, he said.

Customs officials check imported red wine at Beijing Daxing International Airport in mid-February. [Photo provided to China Daily]
A customer checks out products at an outlet of retail discount chain Hitgoo in Shanghai in December 2022. CHINA DAILY

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