Core Viewpoint - Shanghai's foreign trade has shown a strong rebound in the third quarter, with a 5.4% increase in imports and exports, surpassing the national growth rate by 1.4 percentage points, driven by structural adjustments and the significant contribution of private enterprises [1][2]. Group 1: Trade Performance - In the first three quarters, Shanghai's import and export scale reached 1.01 trillion, 1.14 trillion, and 1.19 trillion yuan, showing a "stair-step" growth pattern with a record high in the third quarter [1]. - Exports grew by 11.3%, outperforming the national average by 4.2 percentage points, while imports increased by 1.1%, exceeding the national growth rate by 1.3 percentage points [1]. - The monthly import and export scale in September exceeded 400 billion yuan, marking a historical high for a single quarter [1]. Group 2: Market Structure Changes - The share of trade with the EU and the US decreased, while trade with non-traditional markets grew by 8.7%, contributing 87.8% to the overall trade growth [2]. - Exports to BRICS countries like Brazil and India increased by 27.7%, and exports to Africa surged by 79.2% [2]. - The globalization of enterprises has evolved from merely selling products to a comprehensive value output that includes technology, capital, and management [2]. Group 3: Role of Private Enterprises - Private enterprises accounted for 1.32 trillion yuan in imports and exports, a significant increase of 27.1%, contributing 164.5% to the city's overall trade growth [3]. - The number of private enterprises with actual import and export records reached 46,000, an increase of 8.2% compared to the previous year [3]. - Companies like Siyuan Electric have seen substantial growth, with a 32.9% increase in revenue and a 46.9% increase in net profit, attributing their success to globalization [3]. Group 4: High-Value Exports - Shanghai's exports in key industries such as integrated circuits, biomedicine, and artificial intelligence reached 193.67 billion yuan, growing by 10.3% [4]. - High-end manufacturing exports, including industrial robots and aerospace equipment, showed significant growth, with industrial robots increasing by 41.6% [4][5]. - The export of green products, including lithium batteries and hybrid vehicles, contributed significantly to the overall export growth, with lithium battery exports reaching 32.15 billion yuan, a 20.7% increase [5]. Group 5: Future Outlook - Continued growth in Shanghai's foreign trade will depend on maintaining the proportion and capability of related industries, as well as expanding into new emerging markets [6]. - The resilience of the industrial chain and the added value of products will be crucial for sustaining trade growth amid international competition [6]. - Shanghai's port operations have seen an 18% increase in sea-rail intermodal business, with stable operations of 16 daily trains covering 10 provinces and 45 cities [7].