The foreign trade industry will present trends such as market diversification, accelerated trade digitalization, and the rise of green trade in the future, while also facing challenges like trade protectionism. The details are as follows:
- In-depth development of market diversification: The status of countries along the “Belt and Road Initiative” in China’s foreign trade will continue to rise. In 2024, the proportion of China’s trade with these countries reached 50.3%. In addition, emerging markets in Latin America, Africa, and the Middle East, due to factors such as demographic dividends and consumption upgrading, have become new blue oceans for foreign trade growth. Enterprises will pay more attention to exploring these markets and providing localized services.
- Accelerated advancement of trade digitalization: Digital technologies will be more widely applied in the field of foreign trade, and digital trade models such as cross-border e-commerce will continue to develop rapidly. AI technology will be widely used in links such as graphic generation, customer service responses, and advertising placement, reducing labor costs and improving operational efficiency. At the same time, means such as digital customs clearance and intelligent inspection will also be applied more quickly, promoting the transformation of customs clearance management to system intelligent identification.
- Rise of green trade: With the enhancement of global environmental awareness, the market for green and low-carbon products is broad. China will study and introduce special policies for the development of green trade, gradually establish and improve a support and guarantee system for green trade. The export of green and low-carbon products such as new energy vehicles will further increase, and enterprises will also pay more attention to green production and the research and development of green products to meet the needs of the international market.
- Increased importance of service trade: China will innovate the development mechanism of service trade, improve the level of liberalization and facilitation of service trade, fully implement the negative list for cross-border service trade, and promote comprehensive pilot demonstrations for expanding the opening-up of the service industry. New service-oriented business forms such as bonded maintenance and exhibition transactions will be expanded at an accelerated pace, becoming important fulcrums to improve trade efficiency and promoting the upgrading of the export structure from a single commodity trade to a systematic situation of “commodities + services”.
- Adjustment of industrial and supply chains: The global industrial and supply chains led by multinational corporations are facing adjustments, showing a trend of short-chain development, and some orders may be transferred from China to other countries and regions. However, China is forming new advantages in systematic competition in industries characterized by innovation. By extending and expanding the industrial chains of foreign trade enterprises and rooting the foreign trade industrial chains in China, the competitiveness of foreign trade will be enhanced.
- Continuous impact of trade protectionism: International trade protectionism is difficult to fundamentally ease. The United States may continue to restrict China’s exports of high-tech products, and the European Union may also initiate more anti-dumping and anti-subsidy investigations against some of China’s export competitive products. The difficulty for enterprises in exploring international markets will persist, and they need to pay more attention to coping with trade frictions and strengthening compliant operations.
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Post time: Jul-08-2025