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FOREIGN TRADE EXPANDS IN CHINA

China’s foreign trade expands at fastest pace in six quarters to hit 10 trillion in Q1, reflecting robust momentum 

China’s total imports and exports expanded at the fastest pace in six quarters to hit a record of more than 10 trillion yuan ($1.38 trillion) in the first quarter of 2024, according to official data on Friday, adding to a growing number of data signaling strong recovery momentum across the world’s second-largest economy.

In the first three months, in yuan terms, total imports and exports grew by 5 percent year-on-year to reach 10.17 trillion yuan, exceeding 10 trillion yuan for the first time during the same period, according to the General Administration of Customs (GAC). 

China’s exports increased by 4.9 percent year-on-year to 5.74 trillion yuan, while imports grew by 5 percent year-on-year to 4.43 trillion yuan, the GAC said.

“China’s foreign trade had a strong start and good momentum in the first quarter, laying a solid foundation for achieving the goal of improvement in quality and stability in quantity,” Wang Lingjun, deputy head of the GAC, said on Friday, noting that China’s trade is expected to further improve in the second quarter and continue to grow in the first half of the year.

China’s trade with ASEAN expanded by 6.4 percent year-on-year in the first quarter of 2024 in yuan terms, but trade with the EU dropped by 3.5 percent and trade with the US fell 0.7 percent. Notably, exports to the US grew 2.1 percent year-on-year, while imports from the US fell 7.7 percent, according to official data.

In terms of products, exports of mechanical and electrical products increased of 6.8 percent year-on-year to hit 3.39 trillion yuan, accounting for 59.2 percent of the total export value. Exports of cars and ships jumped by 21.7 percent and 113.1 percent, according to the GAC.

“These latest data demonstrated that China’s manufacturing industry and consumer economy are recovering,” Hu Qimu, a deputy secretary-general of the digital-real economies integration Forum 50, told the Global Times on Friday, noting other strong economic indicators such as manufacturing purchasing managers’ index.

Hu said that while foreign trade faces challenges stemming from slowing external demand and so-called de-risking and decoupling moves promoted by some Western countries, the critical status of Chinese manufacturing and China’s supply chain in the global industrial chain has not changed.

“The world still relies on China’s high-quality and cost-effective products and supply chain,” Hu said. (PR)

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Washington DC Fifth Graders Learn About Barbados

Last Friday, a fifth-grade class from JC Nalle Elementary in Washington DC, visited Barbados’ Embassy in Washington as part of the Embassy Adoption Program (EAP). The visit was the culmination of a series of sessions which started in November 2024.

The EAP is a global education programme that links fifth and sixth grade classes with embassies and other global entities to provide DC Public School students with a unique opportunity to expand their global awareness.

The class was initially visited by former teacher, now diplomat, First Secretary William Clarke and staffer, Elle Duguid of the embassy.  Mr. Clarke and Ms. Duguid taught students general facts about Barbados including its location, history, government, and economy. 

During a second visit in December, the students learned about cricket, ‘bajan’ dialect, the island’s festivals, including Crop Over, and also about celebrations held within Barbados.

For the third and fourth visits respectively, the students were informed about We Gatherin’ and Barbados’ geography, nature and landscape. The Embassy concluded its visits to the school with a presentation on climate vulnerability and sustainability in Barbados.

To cap the programme off, students visited the embassy to meet with Barbados’ Ambassador to the United States of America, Vic Fernandes, to whom they made a presentation on what they learned. The students performed a medley of skits and dances highlighting Barbados’ history and culture. After the presentation, Ambassador Fernandes hosted the students for lunch.

Next month, the JC Nalle Elementary students will participate in the EAP’s Mini United Nations simulation representing Barbados. There, the students will debate the important topic of climate vulnerability and deliver a final presentation showcasing what they learned throughout the programme. (PR/GIS)

Caption: Barbados’ Ambassador to the United States, Vic Fernandes (right), and staff of the Embassy of Barbados in Washington, D.C., pose with fifth graders of JC Nalle Elementary

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CHINA ANNOUNCES VISA FREE TRAVEL FOR SOME LATIN AMERICA & CARIBBEAN COUNTRIES

China plans to expand its visa-free policy for five Latin American/#Caribbean countries and offer 3,500 scholarships and 10,000 training opportunities, as part of a five-programme plan to advance shared development and revitalisation with LAC countries. source Caribbean News UK

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President Xi Jinping urges solidarity, deeper cooperation at China-CELAC meeting

Chinese President Xi Jinping said China is willing to strengthen solidarity with Latin American and Caribbean (LAC) countries and announced five major programs to jointly pursue development and revitalization with LAC countries on Tuesday.

The five programs, solidarity, development, civilization, peace, and people-to-people connectivity, were announced by Xi while delivering a keynote speech during the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum in Beijing.

On the solidarity program, Xi said China is willing to strengthen solidarity with Latin American and Caribbean (LAC) countries and continue to support each other on issues concerning their core interests and major concerns to firmly safeguard the international system with the UN at its core and international order underpinned by international law and to speak with one voice in international and regional affairs.

In the next three years, China will invite 300 members from political parties of CELAC member states every year to visit China to facilitate exchanges on national governance best practices, Xi said.

Regarding the development program, Xi said China is willing to work with LAC countries to implement the Global Development Initiative, resolutely uphold the multilateral trading system, ensure stable, unimpeded global industrial and supply chains, and promote an international environment of openness and cooperation.

Noting that the two sides should foster greater synergy between their development strategies and expand high-quality Belt and Road cooperation, Xi said China will import more quality products from LAC countries and encourage Chinese enterprises to expand their investment in the region.

On the civilization program, Xi called for the joint implementation of the Global Civilization Initiative. He said both sides should uphold the vision of equality, mutual learning, dialogue, and inclusiveness between civilizations, champion humanity’s common values of peace, development, fairness, justice, democracy, and freedom, and enhance China-LAC civilizational exchanges and mutual learning, including through a conference on China-LAC inter-civilizational dialogue.

For the peace program, Xi called for the joint implementation of the Global Security Initiative. He said both sides should cooperate more closely in disaster governance, cybersecurity, counterterrorism, anti-corruption, narcotics control, and combating transnational organized crime to safeguard security and stability in the region.

Regarding people-to-people connectivity, Xi said in the next three years, China will provide CELAC member states with 3,500 government scholarships, 10,000 training opportunities in China, 500 International Chinese Language Teachers Scholarships, 300 training opportunities for poverty reduction professionals, and 1,000 funded placements through the Chinese Bridge program, initiate 300 “small and beautiful” livelihood projects, and support CELAC member states in developing Chinese language education.

China has decided to offer a visa-free policy to five LAC countries and will expand the policy to cover more regional countries in due course, Xi said.

Gustavo Petro, president of Colombia, the CELAC rotating chair, Brazilian President Luiz Inacio Lula da Silva, Chilean President Gabriel Boric, and Dilma Rousseff, president of the New Development Bank and former Brazilian president, respectively, addressed the event.

The special representative for Yamandu Orsi, president of Uruguay and the incoming CELAC rotating chair, read out the president’s congratulatory letter.

Faced with a world full of uncertainties, LAC countries and China should work together to promote continuous new progress in building a community with a shared future, they said.

Both sides should respect each other and firmly support each other in safeguarding sovereignty and choosing their own development path, they said, calling for strengthening the synergy between the development strategies of LAC countries and the Belt and Road Initiative and promoting cooperation in trade, investment, infrastructure, agriculture, science and technology, new energy and education.

The two sides should also promote exchanges and dialogues among civilizations, safeguard the authority of the UN, support multilateralism and free trade, and oppose unilateralism, protectionism, power politics, and bullying to safeguard the common interests of the Global South, they added.

CAPTION: Chinese President Xi Jinping delivers a keynote speech during the opening ceremony of the fourth ministerial meeting of the China-CELAC (the Community of Latin American and Caribbean States) Forum, Beijing, capital of China, May 13, 2025

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