Wang Wentao, the minister of commerce, made reference to Chinese titles that had “onto the global period” brought Chinese technology and movie companies. He was also speaking at Thursday’s press conference.
According to Wang,” DeepSeek gained interest for its low-cost, high-performance open-source unit, which has reduced the world challenge to tech adoption.”  ,
Also, games like Black Myth: Wukong and Ne Zha have contributed to China’s expanding global market presence for entertainment and video.
China’s trade in services reached a record high of 7.5 trillion yuan in 2024, which may drive its economy’s growth in 2025.
BOOSTING NATIONAL Use
Wang argued that the US-US tax war may not work on Beijing, claiming that” China won’t become cowed.”  ,
In light of a probable decline in tariff-sensitive imports, policymakers are doubling down on stimulating domestic need to stimulate growth.
Last month, consumer goods retail sales totaled 48.3 trillion yuan, an increase of 3.5 %, Wang said during Thursday’s financial presentation.