BEIJING, 16th May, 2025 (WAM) -- Foreign trade of China's pilot free-trade zones (FTZs) reached 2 trillion yuan (about US$416.26 billion) in the first quarter of this year, up 2.2 percent year-on-year, a spokesperson for the Ministry of Commerce said in Beijing on Thursday.
Speaking at a press conference, He Yongqian, the spokesperson, said that amid the current complex and severe international situation, the development of the country's pilot FTZs has demonstrated remarkable resilience.
According to China Central Television (CCTV), the Ministry of Commerce will continue to advance the strategy to enhance free trade zones and improve the quality of their development.
"Benchmarking against high-standard rules such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA), we will carry out broader, deeper and more vigorous institutional opening-up trials in developing service trade and facilitating cross-border data flows among other areas," she added.