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/CIIE/ China’s Role as a Global Import Market is Growing — Report

/CIIE/ China’s Role as a Global Import Market is Growing — Report

Published on: 2026-11-06

Source: People’s Republic of China — Translation

An important disclaimer is at the bottom of this article.

Shanghai, November 5 /Xinhua/ — China is currently both a global manufacturing center and a key source of world demand with a growing capacity to absorb goods from around the world. This was stated in a report published on Thursday in the city of Shanghai /East China/.

The first Report on Developing Export Capacity to China, aimed at helping other countries leverage the advantages of the vast Chinese market, was presented at the 9th Hongqiao International Economic Forum during the opening of the 9th China International Import Expo (CIIE).

As stated in the report, thanks to the growth of household incomes and the modernization of the consumption structure, China has the potential to further expand demand for high-quality and high-tech goods and services.

At the same time, the structure of exports to China has evolved from predominantly industrial goods towards greater diversification, covering industrial products, energy, raw materials, and agricultural goods.

It is noted that China’s growing demand for both high-tech and raw materials provides an inclusive market for economies at different stages of development.

The report was prepared jointly by the Institute of World Economics and Politics of the Chinese Academy of Social Sciences and the Division on International Trade in Goods, Services and Commodities of the United Nations Conference on Trade and Development (UNCTAD).

The document examines the export indicators of 10 trading partners of China, including Colombia, Kenya, Spain, Thailand, and the United Kingdom, assesses their potential in the Chinese market, and provides recommendations on how to expand export opportunities to China.

The 2026 Global Openness Report was also published at the forum. It notes that global openness is currently under increasing pressure due to the rise of trade protectionism, the spread of geopolitical conflicts, and the deep restructuring of global production chains.

According to the report, in 2025 the Global Openness Policy Index was 0.7448, decreasing by 1.09% over the year, while the Openness Effectiveness Index fell by 0.9% to 0.7458, interrupting the recovery trend of 2023-2024. –0–

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