（经济观察）“三季报”出炉 中国外贸韧性不减

Core Insights - China's foreign trade demonstrated resilience in the first three quarters of the year, with total import and export value reaching 33.61 trillion yuan, a year-on-year increase of 4% [1] - The growth rate of imports and exports accelerated each quarter, with a notable 6% increase in the third quarter, marking eight consecutive quarters of year-on-year growth [1] Trade Structure Optimization - China's trade partnerships expanded, with imports and exports to Belt and Road Initiative countries increasing by 6.2%, and significant growth in trade with ASEAN (9.6%), Latin America (3.9%), Africa (19.5%), and Central Asia (16.7%) [2] - The number of active foreign trade entities reached 700,000, surpassing the total for the previous year, indicating increased business confidence [2] - Private enterprises played a crucial role, contributing 4.3 percentage points to foreign trade growth and accounting for 57% of total trade value [2] Product Export Dynamics - The export product structure improved, with industrial robot exports rising by 54.9% and wind turbine exports increasing by 23.9%, reflecting a shift towards high-quality supply to meet international demand [3] - Continuous policy support from the government is expected to inject new momentum into exports, despite potential risks from global supply chain disruptions [3] Future Policy Initiatives - The upcoming launch of the Hainan Free Trade Port and the 138th China Import and Export Fair are expected to provide substantial support for foreign trade [4] - Policies to encourage foreign investment are anticipated to be implemented in the fourth quarter, aimed at optimizing the investment structure and enhancing foreign trade stability [4][5]