China plans events to boost imports, promises 'win-win cooperation'
China announced an initiative on Tuesday to increase imports, promoting itself as a super-sized market opportunity even as its trade surpluses with other countries swell amid frictions with the United States.
While China's supply of manufactured goods to the world is growing, its contribution to global demand is much less significant, with imports barely growing, a dynamic economists have said fuels trade tensions abroad and deflationary pressures back home.
Commerce minister Wang Wentao said the "Big Market for all: Export for China" programme would include 10 major events featuring five to six countries per year, aiming to make China "the best export destination" and "open up win-win cooperation". ... reuters reported on November 4, 2025. Read more here
Meanwhile, related reporting from different sources: China to ‘embrace free markets and free trade,’ Premier Li Qiang says at CIIE opening. Chinese Premier Li Qiang has pledged to further open the country’s vast consumer market to international businesses after Beijing and Washington reached a significant trade deal that was expected to help restore normality to global supply chains. Addressing about 1,000 government officials, business leaders and merchants at the opening of the China International Import Expo in Shanghai on Wednesday, the premier said Beijing remained resolute about supporting globalization and consolidating its economic ties with trading partners.
According to a reliable trade and economics data, China Imports toward to growing tendency in the coming years, In the long-term, the China Imports is projected to trend around 224.00 USD Billion in 2026 and 256.00 USD Billion in 2027, according to our econometric models.
China's imports see a slight decline in 2025,
China's imports are projected to see a slight decline in 2025, with grains imports forecast to drop to 138 million tons, according to one report. While overall goods imports in the first seven months of 2025 showed a small year-on-year decline of 1.6%, underlying demand remained resilient. Long-term forecasts predict further reductions in grain imports, while specific import data for 2026-2029 is limited, though general economic growth and government policies will influence future trade trends.
China import trends
Overall decline in early 2025: China's goods imports fell by 1.6% in the first seven months of 2025 compared to the same period in 2024.
Resilient underlying demand: Despite the negative headline growth, underlying demand in the Chinese market is showing resilience.
Influencing factors: China's future import figures will be influenced by its economic growth targets (around 5% for 2025) and policies like the "consumer goods trade-in programme," which provides subsidies to encourage domestic purchases of new goods.
China import forecasts in details
Grain imports: Forecasts predict a continued decline in grain imports from 138 million tons in 2025 to 121 million tons in 2029 and 113 million tons in 2034.
Limited long-term data: Specific import reports for the years 2026-2029 are not widely available yet, but trends will likely be shaped by the economic outlook and specific sector demands.
China import trend to come
A slight contraction in overall import growth in 2025, but with resilience in underlying demand.
A significant and continued decline in grain imports.
Future import trends will be significantly impacted by China's economic growth and government support initiatives.
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