Core Insights - China's goods trade demonstrates strong resilience amid profound changes in the global trade landscape, achieving stable growth in both volume and structure, with a shift towards higher quality and innovation [1][2][3] Trade Performance - In the first three quarters of the year, China's total goods trade value reached 33.61 trillion yuan, a year-on-year increase of 4%, with exports at 19.95 trillion yuan (up 7.1%) and imports at 13.66 trillion yuan (down 0.2%) [2] - In September, the monthly trade value was 4.04 trillion yuan, marking an 8% year-on-year increase, the highest monthly growth rate of the year, with exports growing by 8.4% and imports by 7.5% [3] Export Structure and Upgrades - The export structure is continuously optimizing, with high-tech, high value-added, and green low-carbon products becoming new growth engines. In the first three quarters, exports of electromechanical products reached 12.07 trillion yuan, growing by 9.6% and accounting for 60.5% of total exports [6] - Exports of integrated circuits increased by 32.9%, and automotive exports rose by 10.9%, indicating that domestic industrial transformation is providing new growth momentum for exports [4][6] Corporate Innovations - Companies like GoerTek are leveraging intelligent production lines to enhance efficiency, with significant advancements in acoustic sensor technology, while also expanding into automotive electronics and smart home applications [7] - The marine engineering sector, represented by companies like Yantai Penglai DaJin Marine Engineering Co., has seen a 141.16% increase in revenue from offshore wind power products, exporting to over 30 countries [7] Shift from Product to Brand Export - Chinese enterprises are transitioning from relying on OEM exports to establishing their own brands in international markets, driven by external pressures and proactive business strategies [8] - The beauty industry is witnessing a surge in domestic brands going global, with sales increasing by 100% over the past year, particularly in Europe and Latin America [9] E-commerce and Brand Development - E-commerce platforms are restructuring to support brand exports, with initiatives like AliExpress's "Super Brand Export Plan" aimed at facilitating market entry for brands at lower costs [9] - The shift towards high value-added and high-tech exports reflects advancements in China's manufacturing capabilities and enhances competitiveness in the global supply chain [9]
【新华解读】外贸三季度答卷:平稳增长韧性显现 结构升级与品牌“出海”齐头并进
Xin Hua Cai Jing·2025-10-13 09:22