Core Insights - In the first three quarters of this year, China's imports and exports with Belt and Road Initiative (BRI) countries reached 17.37 trillion yuan, an increase of 6.2%, surpassing the overall growth rate of China's foreign trade by 2.2 percentage points [1] - The share of imports from BRI countries in China's bulk commodity imports rose to 64.6%, an increase of 1.1 percentage points compared to the same period last year [1] - The value of agricultural products imported from BRI countries accounted for 69.1% of total agricultural imports, up 3.1 percentage points year-on-year [1] Import Highlights - The customs signed over 100 cooperation documents with BRI countries, including more than 70 access documents for agricultural products [1] - The growth in exports to BRI countries included a 16.6% increase in electronic information products, a 37% increase in high-end equipment, and a 58% increase in wind turbine generators [1] - Exports of textiles, food, furniture, and automobiles also showed growth, indicating a diverse range of products benefiting from BRI partnerships [1] Trade Index and Future Outlook - The trade index between China and BRI countries, with 2013 as the base year set at 100, has risen to 198 in 2024, reflecting strong momentum and growth potential in economic cooperation [1] - In 2024, the share of BRI countries in China's total imports and exports exceeded 50% for the first time, further increasing to 51.7% in the first three quarters of this year [1] - The customs will continue to enhance cooperation with BRI countries and improve customs facilitation to elevate economic cooperation to new heights [1]