In a speech delivered at the 5th Member Representative Meeting of the China Light Industry Arts & Crafts Import and Export Chamber of Commerce, Assistant Minister of Commerce Wang Chao highlighted the impressive growth of China's foreign trade in light industry products. He emphasized that sectors such as footwear, furniture, handbags, toys, glassware, and ceramics have seen significant expansion, with China leading the world in the export volume of these goods.
Wang noted that the light industry handicrafts sector has long been a key driver of China’s foreign trade success. In 2001, the total value of imports and exports for light industry crafts reached $110.356 billion, and by 2008, this figure had surged to $421.38 billion, reflecting an average annual growth rate of 8% over those eight years. Despite the challenges posed by the global financial crisis, the sector remained resilient. However, from January to November last year, the total import and export volume of light industry arts and crafts declined by 9.36% compared to the same period in the previous year.
Wang also called for continued innovation and international cooperation to help the industry adapt to changing market conditions and maintain its competitive edge on the global stage. He encouraged members to focus on quality improvement, brand building, and sustainable development to ensure long-term growth. The speech underscored the importance of the light industry sector in China’s broader economic strategy and its role in supporting the country’s trade ambitions.
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