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Arabic 2024China's imports of commodities continued to grow in the year, especially the rising demand for mineral resources, energy products and agricultural products. According to data from the General Administration of Customs.2024China's commodity imports rose year-on-year in the first quarter of10%Achievement2.3trillion dollars, consisting mainly of iron ore, natural gas and crude oil. Iron ore imports are expected to reach12billion tons, holding steady as the world's largest importer.
China not only meets domestic demand through diversified procurement channels, but also provides a strong guarantee for the stability of the global supply chain. Cooperation with global suppliers has further optimized procurement channels and ensured the stability of resource supply. In the future, as China's economy recovers and demand for commodities increases, the supply chain in the global market will gradually regain stability.
China is not only diversifying its sourcing strategies but also strengthening cooperation with global suppliers to enhance supply chain stability. With economic recovery and growing demand for commodities, China's global market share in commodity imports is expected to rise further, helping stabilize global supply chains. China's global market share in commodity imports is expected to rise further, helping stabilize global supply chains.
