According to a report on April 14 by Brazil's 247 News Network, in the first quarter of this year, China's goods trade import and export volume denominated in RMB increased by 1.3%. Data released by the General Administration of Customs showed that China's import and export scale in the first quarter hit a record high for the same period in history, exceeding 10 trillion yuan for eight consecutive quarters. In March, China's exports denominated in USD increased by 12.4%, surpassing analysts' expectations. However, with the intensifying trade war, uncertainties still exist in the future. Statistical data shows that ASEAN continues to hold the position as China's largest trading partner in the first quarter of this year, with imports and exports increasing by 7.1%; while China-EU trade increased by 1.4%. Relevant data indicates that China is actively responding through measures such as market diversification and expanding domestic demand. It was reported that despite the trade tensions, China still plays the role of an anchor in stabilizing global trade. Analysts pointed out that China has strong industrial capacity, efficient global supply chain coordination capabilities, and continuously improving competitiveness, which enables it to demonstrate great resilience in the face of challenges. China also continues to deepen its economic and trade relations with countries participating in the Belt and Road Initiative. In the first quarter of this year, China's imports and exports with countries participating in the Belt and Road Initiative amounted to 5.26 trillion yuan, increasing by 2.2% year-on-year, setting another historical record for the same period, accounting for 51.1% of China's total foreign trade. On April 15, the Hong Kong South China Morning Post website published an article titled "As the U.S. Hopes for Tariffs, China Seeks a New Role in the Global Trade System," written by Zhou Xin (name translated). The article noted that on November 15, 1999, the United States and China reached an agreement regarding China's entry into the World Trade Organization. As third-year students at a renowned Chinese trade university, we watched the news through a small TV in our dormitory and were overjoyed to see China's new status in the global trade system. The article pointed out that China's long-term efforts to join the global trade system began in the 1980s. To join this club, China had to gain approval from the then-guardians and promoters of world trade, the United States. In 2001, China officially became a member of the World Trade Organization. The article said that fast forward to 2025, I couldn't help but wonder how the world has changed. China has swapped roles with the United States, becoming the most outspoken defender and supporter of free trade. Meanwhile, the U.S. President is a fervent supporter of tariffs. The article stated that if the U.S. continues to impose high tariffs on Chinese products, most Chinese exporters may lose access to the U.S. market. Therefore, the "decoupling" of the two largest economies in the world could become a reality. The article emphasized that in the long term, as the U.S. destroys the trade system it established, China must seriously consider the future of the global trade system and its role within it. In recent weeks, Beijing has demonstrated a firm determination to "see it through." China has reason to be tough because it is no longer an underdeveloped region or an export-oriented economy. Even compared to when China faced its first trade war with Trump in 2018, China is better prepared and more resilient economically. The article pointed out that today, China has become the main trading partner of hundreds of countries and regions, and is the dominant manufacturing power in the world. China is no longer an outsider begging for a seat at the table with the U.S. It has become the most important player. At the same time, China also has the potential to become a major global buyer and investor. What is equally exciting is to watch how China will strive to reshape the global trade order, while the U.S. might just stay on the sidelines. (Translated by Han Chao and Wang Qun) Original source: https://www.toutiao.com/article/7493740543395021324/ Disclaimer: This article only represents the author's personal views. Please express your attitude by using the buttons below to "upvote" or "downvote".