海关总署：前三季度我国进口数量指数同比增加0.6%

Core Insights - China's import quantity index increased by 0.6% year-on-year in the first three quarters of 2023, despite a decline in some international commodity prices affecting import growth [1][2] - The continuous growth in imports over the last four months is driven by domestic production and consumption demand, with notable increases in crude oil (2.6%) and metal ores (4.2%) [1] - The value of imports for food, tobacco, and cultural entertainment products rose by 10.2% and 9.4%, respectively, indicating a strong demand in these sectors [1] Import Market Dynamics - China is actively expanding its import market, having added 135 new agricultural and food products from 50 countries and regions in the first three quarters [2] - The implementation of zero tariffs on 100% of product categories from least developed countries has led to a 9.7% increase in imports from these nations [2] - The upcoming China International Import Expo in Shanghai is expected to showcase new products and serve as a gateway for multinational companies entering the Chinese market [2] Foreign Investment and Trade Relations - The removal of foreign investment restrictions in the manufacturing sector has resulted in a 1.1% increase in imports from foreign-invested enterprises [1] - China is pursuing economic partnership agreements to enhance trade relations, particularly with 53 African countries, also implementing zero tariffs on 100% of product categories [2] - Customs will optimize clearance measures and enhance technological empowerment to facilitate global enterprises' access to the Chinese market [2]