Core Viewpoint - China's goods trade showed resilience in November, with a total import and export value of 3.9 trillion yuan, reflecting a growth of 4.1% year-on-year, driven by strong exports to the EU and Belt and Road Initiative countries [1][3]. Group 1: Trade Data Overview - In the first eleven months of 2025, China's total goods trade value reached 41.21 trillion yuan, up 3.6% year-on-year, with exports at 24.46 trillion yuan (6.2% growth) and imports at 16.75 trillion yuan (0.2% growth) [1]. - In November alone, exports were 2.35 trillion yuan (5.7% growth) and imports were 1.55 trillion yuan (1.7% growth) [1]. Group 2: Trade Partners - ASEAN remains China's largest trading partner, with trade totaling 6.82 trillion yuan (8.5% growth), accounting for 16.6% of China's total foreign trade [3][5]. - Trade with the EU reached 5.37 trillion yuan (5.4% growth), making up 13% of total foreign trade, while trade with the US fell to 3.69 trillion yuan (16.9% decline), representing 8.9% of total foreign trade [3]. Group 3: Trade Structure and Product Categories - The trade structure is optimizing, with mechanical and electrical products dominating exports, totaling 14.89 trillion yuan (8.8% growth), making up 60.9% of total exports [7]. - Exports of labor-intensive products decreased to 3.7 trillion yuan (3.5% decline), now accounting for 15.1% of total exports [7]. Group 4: Future Outlook and Policy Measures - The outlook for foreign trade in 2026 indicates both opportunities and challenges, with expectations of controlled downward pressure on exports and stable employment in the foreign trade sector [10]. - Proposed measures to support foreign trade include enhancing domestic consumption, providing targeted financial support to export enterprises, and diversifying markets through new trade agreements [10][11].

坚持开放合作、互利共赢是中国式现代化的必然要求。 当前，世界百年变局加速演进，国际形势变乱交织，全球经济增长乏力，世界正站在新的十字路口，何 去何从将深刻影响世界未来。 习近平总书记指出："中国始终坚持对外开放的基本国策，以实际行动推动建设开放型世界经济。""中 国对外开放的大门不会关闭，只会越开越大。" "十五五"规划建议提出："稳步扩大制度型开放，维护多边贸易体制，拓展国际循环，以开放促改革促 发展，与世界各国共享机遇、共同发展。" 中国立足于中国式现代化建设的根本需要，同时兼顾与世界良性互动的需求，有节奏、有范围、有层次 地主动进行开放。 自主开放，意味着不是盲目开放，而是结合发展实际需要。 改革越深入，对开放的水平要求就越高；开放水平越高，对改革的促进作用就越大。 "十五五"时期，我国具备主动运筹国际空间、塑造外部环境的诸多有利因素，要抓住机遇以开放促改革 促发展，在激烈国际竞争中赢得战略主动。 积极扩大自主开放 细读"十五五"规划建议，自主开放是关键词之一。 扩大单边开放领域和区域，高标准建设海南自由贸易港，高质量共建"一带一路"……从中我们看到了中 国高水平开放独立自主、自信自立的内在特征。 "自 ...

坚持开放合作、互利共赢是中国式现代化的必然要求。 当前，世界百年变局加速演进，国际形势变乱交织，全球经济增长乏力，世界正站在新的十字路口，何 去何从将深刻影响世界未来。 习近平总书记指出："中国始终坚持对外开放的基本国策，以实际行动推动建设开放型世界经济。""中 国对外开放的大门不会关闭，只会越开越大。" "十五五"规划建议提出："稳步扩大制度型开放，维护多边贸易体制，拓展国际循环，以开放促改革促 发展，与世界各国共享机遇、共同发展。" "十五五"时期，我国具备主动运筹国际空间、塑造外部环境的诸多有利因素，要抓住机遇以开放促改革 促发展，在激烈国际竞争中赢得战略主动。 积极扩大自主开放 细读"十五五"规划建议，自主开放是关键词之一。 扩大单边开放领域和区域，高标准建设海南自由贸易港，高质量共建"一带一路"……从中我们看到了中 国高水平开放独立自主、自信自立的内在特征。 "自主性已成为新时代开放的鲜明特征。这是我国顺应时代发展需要、结合中国实际做出的战略选 择。"商务部国际贸易经济合作研究院副院长张威表示。 吉尔吉斯斯坦的蜂蜜、尼日利亚的民族服饰、斯里兰卡的锡兰红茶……上个月举办的中国国际进口博览 会上，"全球 ...

党的二十届四中全会审议通过的《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》 （以下简称《建议》），就"扩大高水平对外开放""建设强大国内市场"作出部署，提出"积极扩大自主 开放""大力提振消费"等具体举措。 如何落实扩大高水平对外开放的重要任务？怎样进一步释放消费潜力，为建设强大国内市场提供有 力支撑？记者采访了商务部党组书记、部长王文涛。 坚持开放合作、互利共赢是中国式现代化的必然要求 问：《建议》对"扩大高水平对外开放，开创合作共赢新局面"作了专章部署，"十五五"时期，我国 扩大高水平对外开放有什么重要意义？ 答："十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键时期，扩大高水平对外开 放具有重大意义。 ——扩大高水平对外开放，是全面推动高质量发展的强大动力。"十五五"时期，我国发展面临的战 略机遇和风险挑战并存、不确定难预料因素增多，要求我们积极识变应变求变，用好发展机遇、潜力和 优势，完整准确全面贯彻新发展理念，加快构建新发展格局，因地制宜发展新质生产力，着力推动高质 量发展。扩大高水平对外开放，发挥以开放促改革促发展的重要法宝作用，可以增强国内国际两个市 场、两种资源联动效 ...

新华社北京12月5日电 题：扩大高水平对外开放 加快建设强大国内市场——访商务部党组书记、部长王 文涛 新华社记者谢希瑶 答："十五五"时期是基本实现社会主义现代化夯实基础、全面发力的关键时期，扩大高水平对外开放具 有重大意义。 ——扩大高水平对外开放，是全面推动高质量发展的强大动力。"十五五"时期，我国发展面临的战略机 遇和风险挑战并存、不确定难预料因素增多，要求我们积极识变应变求变，用好发展机遇、潜力和优 势，完整准确全面贯彻新发展理念，加快构建新发展格局，因地制宜发展新质生产力，着力推动高质量 发展。扩大高水平对外开放，发挥以开放促改革促发展的重要法宝作用，可以增强国内国际两个市场、 两种资源联动效应，推动经济实现质的有效提升和量的合理增长。 ——扩大高水平对外开放，是满足人民美好生活需要的内在要求。对外开放同人民群众生产生活息息相 关，2024年有进出口实绩的外贸企业近70万家，存量外资企业近50万家，外贸外资直接和间接带动就业 人口超过2亿人，大量优质进口促进了产业升级和消费升级。"十五五"时期，对外开放在稳增长、稳就 业、惠民生中仍将发挥重要作用。扩大高水平对外开放，把开放的蛋糕做大分好，有助于不 ...

Core Insights - Ningbo-Zhoushan Port has achieved a historic milestone by surpassing 40 million TEUs in annual container throughput, marking the fourth "ten million box" leap, which supports China's manufacturing exports and reflects the resilience of China's foreign trade [1] - China's total import and export value of goods reached 37.31 trillion yuan in the first ten months of this year, showing a year-on-year growth of 3.6% [1] Group 1: Policy and Government Support - The achievements in foreign trade are attributed to a threefold synergy of policy empowerment, expanded openness, and supply-demand collaboration [2] - Government departments have implemented multiple rounds of foreign trade policies and actively expanded high-level open cooperation, facilitating enterprises' integration into the global trade network [2] - The China International Import Expo has played a significant role in promoting trade, investment, and consumption, enhancing its platform effect [2] Group 2: Supply-Side Dynamics - New driving forces such as innovation, intelligence, and sustainability are emerging, enhancing the growth potential of foreign trade [2] - In the first ten months, China's export of electromechanical products reached 13.43 trillion yuan, a year-on-year increase of 8.7%, accounting for 60.7% of total exports [2] - Labor-intensive product exports totaled 3.38 trillion yuan, showing a decline of 3% year-on-year, indicating a shift towards higher value-added exports [2] Group 3: Demand-Side Market Expansion - There is a strong global demand for quality products, particularly due to the deepening cooperation under the Belt and Road Initiative, which has created favorable conditions for China's exports [3] - In the first ten months, trade with ASEAN reached 6.18 trillion yuan, growing by 9.1%, while trade with the EU totaled 4.88 trillion yuan, increasing by 4.9% [3] - The total import and export value with Belt and Road countries was 19.28 trillion yuan, reflecting a year-on-year growth of 5.9% [3] Group 4: Future Outlook - The strategy to enhance foreign trade quality and efficiency is emphasized in the 15th Five-Year Plan, showcasing China's commitment to improving foreign trade resilience amid a complex international environment [3] - Future foreign trade development should focus on technological innovation, policy support, and high-quality growth, with recommendations to optimize market layout and reduce reliance on single markets [3] - Increased R&D investment is suggested to enhance product value and technology, promoting a shift towards high-end, intelligent, and green products, thereby elevating the global presence of "Made in China" [3]

Core Viewpoint - The article emphasizes China's proactive approach to expanding high-level openness and enhancing international cooperation, particularly in the context of the "15th Five-Year Plan" [3][4]. Group 1: Expansion of Openness - The "15th Five-Year Plan" suggests expanding high-level openness while balancing domestic needs and global expectations [5][6]. - Key strategies include optimizing the layout of regional openness and creating diverse open platforms [7]. Group 2: Trade Innovation and Development - The plan aims to optimize and upgrade goods trade, expand intermediate goods trade, and promote balanced import and export development [8]. - There is a strong focus on developing service trade, encouraging service exports, and enhancing the management of cross-border service trade [8]. Group 3: Investment Cooperation - The strategy includes creating new advantages for attracting foreign investment, reducing the negative list for foreign investment access, and promoting reinvestment by foreign entities [10]. - It emphasizes the importance of a transparent and stable institutional environment to facilitate foreign investment [10]. Group 4: Belt and Road Initiative - The article highlights the need for strengthening strategic alignment with countries involved in the Belt and Road Initiative and enhancing cooperation in various sectors such as green development and digital economy [11]. - It stresses that the Belt and Road Initiative is a collaborative effort rather than a unilateral endeavor [11].

Group 1: Economic and Financial Strategy - The 20th Central Committee's Fourth Plenary Session approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development," outlining systematic planning and strategic deployment for economic and social development during the 15th Five-Year period [1] - The article emphasizes the integration of technological and industrial innovation, enhancing the inclusiveness and adaptability of capital market systems, and expanding high-level opening-up [1][2] Group 2: Financial System Improvement - The article by Wang Jiang highlights seven key tasks for building a strong financial nation, including improving the central bank system and promoting healthy capital market development [2][3] - It stresses the need for financial institutions to focus on their main businesses and enhance governance, while also supporting state-owned financial institutions in serving the real economy [3][4] Group 3: Monetary Policy and Macro-Prudential Management - The People's Bank of China aims to construct a scientific and robust monetary policy system and a comprehensive macro-prudential management framework to support high-quality financial development [6][7] - The article outlines the importance of adjusting monetary policy to match economic growth and price stability, emphasizing the need for a balanced approach to short-term and long-term economic goals [7][8] Group 4: International Financial Center Development - The article discusses the continuous development of various financial markets in Shanghai to enhance its global competitiveness and influence [4][5] - It calls for strengthening the cross-border payment and clearing system for the Renminbi and expanding institutional openness in the financial sector [4] Group 5: Trade and Investment Expansion - The article by Wang Wentao emphasizes the significance of expanding high-level opening-up, including promoting trade innovation and enhancing the quality of foreign trade [10][11] - It outlines tasks such as increasing market access in service sectors and optimizing the free trade zone strategy to boost innovation and development [11][12] Group 6: Real Estate Market Development - The article by Ni Hong focuses on promoting sustainable and healthy development in the real estate market through reforms in development, financing, and sales systems [14][15] - It highlights the need for a multi-level housing security system and emphasizes the importance of local governments in adjusting real estate policies based on specific city conditions [15][16]

Core Insights - China's foreign trade has shown resilience, achieving significant growth despite external pressures, with a focus on high-quality development and innovation during the "14th Five-Year Plan" period [2][3][4] Trade Scale and Growth - In 2024, China's goods trade volume reached $6.16 trillion, a 32.4% increase from the end of the "13th Five-Year Plan" in 2020, maintaining its position as the world's largest trader for eight consecutive years [3] - Service trade also saw a milestone, surpassing $1 trillion for the first time, positioning China as the second-largest service trader globally [3] Import and Export Dynamics - China's imports are projected to grow by 2.3% in 2024, marking a historical high and maintaining its status as the world's second-largest importer for 16 years [3] - The country has implemented zero tariffs on 100% of products for all least developed countries with which it has diplomatic relations, and has signed agreements for zero tariffs with 53 African nations [3] Trade Structure and Quality - The proportion of electromechanical products in exports rose to 59.4% in 2024, with automobile exports exceeding 6 million units for the first time [4] - Cross-border e-commerce imports and exports are expected to reach approximately 2.7 trillion yuan in 2024, a 67% increase from 2020 [4] Digital and Service Trade Innovations - China has introduced a negative list management system for cross-border service trade, with knowledge-intensive service trade growing by 38% compared to 2020 [4] - The export value of digitally deliverable services is projected to increase by nearly 40% from 2020 [4] Trade System and Global Cooperation - China is committed to maintaining a multilateral trade system and expanding its high-standard free trade zone network, actively participating in WTO reforms and promoting international economic cooperation [9][10] - The Regional Comprehensive Economic Partnership (RCEP) has been signed and is now the largest free trade area globally, with China applying to join high-standard agreements like CPTPP and DEPA [10] Belt and Road Initiative - Trade with Belt and Road Initiative countries increased from $2.7 trillion in 2021 to $3.1 trillion in 2024, with an average annual growth rate of 4.7% [12]

Core Insights - The global service trade is increasingly significant, with a projected export value of $885.2 billion in 2024, marking a 9.9% year-on-year growth, outpacing goods export growth by 7.6 percentage points [1] - China's service trade is expanding, with a total import and export value of $1,056.5 billion in 2024, a 13.2% increase, making it the second-largest globally after the U.S. [1][3] - The Chinese government has introduced comprehensive policy measures to enhance service exports, focusing on financial, tax, facilitation, and international market expansion strategies [4][5] Group 1: Global Service Trade Trends - The service export share of global exports reached 26.6% in 2024, the highest since 2005 [1] - China's service trade annual growth rate from 2020 to 2024 is 12.4%, surpassing the growth rate of goods trade [1] Group 2: China's Service Trade Position - In 2024, China's service trade deficit is projected at $164.7 billion, indicating a need to enhance service export competitiveness [3] - China ranks second globally in service trade total and imports, while its service export ranks fifth [3] Group 3: Policy Measures for Service Export - The new policy includes 13 specific measures across four main areas: finance, taxation, facilitation, and international market development [4] - Emphasis is placed on optimizing existing policies and expanding service export areas, particularly in knowledge-intensive services [5] Group 4: Expected Benefits of New Policies - The policies aim to boost knowledge-intensive service exports by leveraging existing funding channels and supporting new business models [5] - Traditional service exports, particularly in travel, are targeted for growth to reduce the service trade deficit, with measures to enhance visa policies and promote inbound tourism [5]