美国掉入全球第三，中国贸易顺差超万亿，3万亿外汇储备是底气

Group 1 - The core argument of the article highlights that despite initial predictions of a decline in China's exports due to trade pressures, China has achieved a historic trade surplus exceeding 1 trillion USD, with the U.S. falling to third place in trade relations with China [1][32] - In the first eleven months of 2025, China's total goods trade value reached 41.21 trillion yuan, a year-on-year increase of 3.6%, with exports at 24.46 trillion yuan (up 6.2%) and imports at 16.75 trillion yuan (up 0.2%), resulting in a trade surplus of 7.71 trillion yuan, equivalent to 1.07 trillion USD [3][5] - China is the first country to achieve a trade surplus exceeding 1 trillion USD, a figure that surpasses the combined trade surpluses of the second to eighth ranked countries globally [5] Group 2 - ASEAN remains China's largest trading partner, with a total trade value of 6.82 trillion yuan (16.6% of total trade), followed by the EU at 5.37 trillion yuan (13%), while the U.S. has dropped to third place with a trade value of 3.69 trillion yuan (8.9%), a year-on-year decline of 16.9% [5] - Trade with countries involved in the Belt and Road Initiative reached 21.33 trillion yuan, growing by 6%, highlighting its significance as a key driver of foreign trade growth [8] Group 3 - The export structure has shifted significantly, with mechanical and electrical products accounting for 60.9% of total exports at 14.89 trillion yuan, a year-on-year increase of 8.8%, while labor-intensive products have decreased to 15.1% of exports, down 3.5% [10][12] - A representative case is a Zhejiang automotive parts company that shifted its focus from the U.S. market to ASEAN, resulting in over 50% growth in exports to ASEAN countries [14][17] Group 4 - Companies are leveraging retained foreign exchange funds for overseas investments, such as a Guangdong home appliance company that used 1.5 million USD of its foreign exchange earnings for purchasing high-end components and establishing an assembly base in Mexico [21][23] - The "hidden reserves" policy has stabilized domestic prices, with the CPI remaining low at 0.1% in June 2025, contrasting with inflation in other countries [25][27] Group 5 - Recent changes in U.S.-China trade relations indicate a shift from "comprehensive containment" to "economic competition and military deterrence," with over 30% of U.S. small and medium enterprises resuming business discussions with China, although the U.S. share in trade with China has not yet recovered [28][30]