Home » Business » Chinese brands are becoming more and more popular around the world – 2024-02-16 08:50:57

Chinese brands are becoming more and more popular around the world – 2024-02-16 08:50:57

/ world today news/ In the past year, the recovery of world trade and economy, as well as global market demand, has been weak, which has had a direct impact on China’s exports. Figures show that the rate of export growth has slowed down compared to previous years. However, the volume of foreign trade has reached a new level and its share in world trade remains stable, demonstrating the resilience and competitiveness of the Chinese economy. This was stated at a press conference by Liu Dalian, spokesman of the General Administration of Customs.

WTO data shows that the share of China’s exports in 2023 in the international market is at a relatively high level of 14%, with the exports of Chinese brands growing significantly and their global influence further expanding, the spokesman added.

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