对东盟贸易恢复，进、出口额增速双涨

Export Performance - In December 2024, China's total export value reached $335.63 billion, with a year-on-year growth of 10.7$230.79 billion, with a year-on-year growth of 1.0%, up 4.9 percentage points from the previous month[14] - Imports from ASEAN and Japan showed notable growth, with year-on-year increases of 5.44% and 6.33%, respectively[14] - The manufacturing PMI for China was at 50.1, indicating a stable manufacturing sector, although demand for traditional bulk commodities like iron ore remains low due to ongoing economic adjustments[14] Trade Balance - The trade surplus for December 2024 was $104.84 billion, reflecting an expansion in the trade balance despite the increase in both exports and imports[6] - The overall trade dynamics indicate a recovery in both export and import growth rates, contributing to a larger trade surplus[6] Future Outlook - The external environment is expected to remain complex in 2025, with potential risks and opportunities impacting export growth, particularly due to political changes in major Western economies[17] - Import growth is anticipated to continue its recovery trend, supported by domestic economic stabilization policies, although challenges from the real estate market and global trade barriers may persist[18]