China's Trade Surge: Toward a Balanced Global Market

China plans to diversify its export markets and foster balanced trade growth following a record trade surplus of $1.2 trillion in 2025. It intends to encourage cross-border industrial collaboration and relax service market access. Trade deals with willing nations are on the agenda.

In a bid to diversify its export markets, China aims to foster more balanced trade development. This strategy follows a staggering trade surplus of $1.2 trillion recorded by the nation in 2025, driven by burgeoning exports to non-U.S. markets.

Commerce Minister Wang Wentao announced intentions to support 'rational and orderly' cross-border industrial development and supply chains. The government will also relax market access in the service sector to facilitate this growth, as reported by the state-run Xinhua news agency.

Additionally, China plans to negotiate and sign trade and investment agreements with more willing countries and regions. Minister Wang emphasized a flexible and pragmatic approach to these international partnerships.

(With inputs from agencies.)