Core Viewpoint - China's foreign trade has shown resilience and quality improvement in the first three quarters of the year, with a total import and export value of 33.61 trillion yuan, a year-on-year increase of 4% [1] Group 1: Confidence - The strong performance of China's foreign trade is attributed to a stable overall trade environment, maintaining a global trade share of 11.8% in the first seven months of the year [2] - The import and export growth rate has accelerated each quarter, with exports reaching 19.95 trillion yuan, a year-on-year growth of 7.1%, marking eight consecutive quarters of growth [2] - The contribution of major foreign trade provinces, including Guangdong, Jiangsu, Zhejiang, Shanghai, and Shandong, accounted for over 80% of the national import and export growth [2] Group 2: Vitality - The growth momentum is driven by the continuous development of new productive forces and the upgrading of key industries, with high-tech product exports increasing by 11.9% [3] - The export of industrial robots surged by 54.9%, and green products such as wind power equipment and electric locomotives also saw significant growth [3] - Cross-border e-commerce has emerged as a new driving force for foreign trade, with exports primarily in apparel, digital products, and home appliances [3][4] Group 3: Determination - The number of foreign trade entities with import and export performance reached 700,000, surpassing the total for the previous year [5] - China's foreign trade partnerships expanded, with the country being among the top three trading partners for 166 countries and regions [5] - Trade with Belt and Road Initiative countries reached 17.37 trillion yuan, a year-on-year increase of 6.2%, accounting for 51.7% of total trade [5] Group 4: Long-term Outlook - The foundation for China's economic stability remains strong, with significant market potential and a complete industrial system, which will support the stable development of foreign trade in the next phase [6]

Core Viewpoint - China's foreign trade has shown a steady and positive development trend in the face of a complex external environment, with a year-on-year growth of 4% in imports and exports for the first three quarters of the year [1] Trade Performance - In the first three quarters, China's total goods trade reached 33.61 trillion yuan, with exports at 19.95 trillion yuan (up 7.1%) and imports at 13.66 trillion yuan (down 0.2%) [1] - In September alone, the total trade volume was 4.04 trillion yuan, reflecting an 8% increase [1] Import Recovery - September marked a significant recovery in imports, with a year-on-year growth of 7.5%, the largest monthly increase this year [3] - Cumulative import decline has narrowed from 15.3% in January to just 0.2% by September, indicating a steady recovery in domestic demand [3][6] Export Structure and Growth - Exports of mechanical and electrical products reached 12.07 trillion yuan, growing by 9.6% and accounting for 60.5% of total exports [4] - High-tech product exports, including electronics and high-end equipment, saw significant growth rates of 8.1%, 22.4%, and 15.2% respectively [4] - Despite a 16.2% decline in exports to the U.S. over the first nine months, overall export resilience is evident [4] Market Diversification - Trade with Belt and Road Initiative countries reached 17.37 trillion yuan, up 6.2%, making up 51.7% of total trade [3] - Exports to ASEAN, Latin America, Africa, and Central Asia grew by 9.6%, 3.9%, 19.5%, and 16.7% respectively [3] Future Outlook - The outlook for exports remains optimistic, with expectations of continued growth driven by global economic integration and domestic policy support [5] - However, challenges remain, particularly regarding U.S. trade policies and the potential for increased export declines in the fourth quarter due to base effects from last year [5] Import Trends - The first three quarters saw a gradual increase in imports, with significant growth in raw materials and high-tech equipment driven by domestic industrial recovery [6][8] - The import of crude oil and metal ores increased by 4.9% and 10.1% respectively, reflecting rising domestic production and infrastructure investment [6][8] Policy and Market Access - China has expanded import access for 135 new agricultural products from 50 countries, and implemented zero tariffs on 100% of products from least developed countries with which it has diplomatic relations [9] - The upcoming China International Import Expo is expected to further enhance market access for global enterprises [10]

Core Points - Shenzhen Tianyuan Youpin Import and Export Trade Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The legal representative of the new company is Luo Yaodong [1] - The company is wholly owned by Tianyuan Co., Ltd. (stock code: 003003) [1] - The business scope includes import and export of goods, international freight forwarding, and international shipping agency [1]

Core Insights - The press conference highlighted the significant role of private enterprises in China's foreign trade, showcasing their resilience and growth amidst external challenges [2][3] Group 1: Private Enterprises' Performance - In the first three quarters, private enterprises' import and export reached 19.16 trillion yuan, marking a year-on-year growth of 7.8%, with exports and imports increasing by 8.8% and 5.9% respectively [2] - Private enterprises have maintained a continuous year-on-year growth in imports and exports for 22 consecutive quarters, contributing 4.3 percentage points to China's overall foreign trade growth and accounting for 57% of the total trade value, an increase of 2 percentage points from the previous year [2] Group 2: Market Expansion - Private enterprises have outperformed the overall market in export growth to over 180 countries and regions, with notable increases in emerging markets such as ASEAN (14%), Africa (27.3%), and Central Asia (11.8%) [2] - The proactive approach of private enterprises in connecting with overseas clients is evident, as seen in the first-time export of fresh pomelo to New Zealand and soup dumplings to Honduras, expanding the market for China's specialty agricultural products and traditional foods [2] Group 3: Technological Innovation - The innovation momentum among private enterprises is strong, with high-tech product exports growing by 15.3%, representing 54.2% of the total export value of similar products, an increase of 1.6 percentage points [3] - Private enterprises are significant players in the export of high-end machinery, lithium batteries, and medical devices, with nearly 80% of high-end machine tools, over 70% of lithium batteries, and close to 60% of medical devices being exported by them [3] Group 4: Regional Highlights - The case of exporting soup dumplings to Honduras originated in Shengzhou, Zhejiang, where over 18 tons valued at approximately 600,000 yuan were shipped, marking the first export of Shengzhou soup dumplings to Latin America [4] - The development of "cross-border e-commerce + industrial belts" has shown significant results, with major consumer markets and import destinations closely related, primarily involving Guangdong, Zhejiang, Fujian, Jiangsu, and Henan for exports, and Guangdong, Jiangsu, Zhejiang, Shanghai, and Shandong for imports [4] - Future initiatives by customs will focus on deepening clearance reforms, optimizing regulatory services, and strengthening policy guidance to support the healthy and high-quality development of private enterprises [4]

Group 1 - The core viewpoint of the article highlights that China's foreign trade has shown resilience and continued growth despite a complex external environment, achieving year-on-year growth for eight consecutive quarters [1] - In the first three quarters of the year, China's imports and exports have maintained a steady upward trend, reflecting the strong resilience of the economy [1] Group 2 - The data indicates that exports of certain products increased by 1.3% and 4.5% in the second quarter, with an annual growth rate of 6% [5] - The import of mechanical and electrical products reached 12.07 trillion yuan, marking a growth of 9.6%, which is an increase of 1.4 percentage points compared to previous figures [12] - The number of foreign trade entities has increased by 52,000, reaching a total of 700,000, indicating a diversification in the market [26][27]

Core Insights - China's foreign trade demonstrated resilience in the first three quarters of the year, with total import and export value reaching 33.61 trillion yuan, a year-on-year increase of 4% [1] - The growth rate of imports and exports accelerated each quarter, with a notable 6% increase in the third quarter, marking eight consecutive quarters of year-on-year growth [1] Trade Structure Optimization - China's trade partnerships expanded, with imports and exports to Belt and Road Initiative countries increasing by 6.2%, and significant growth in trade with ASEAN (9.6%), Latin America (3.9%), Africa (19.5%), and Central Asia (16.7%) [2] - The number of active foreign trade entities reached 700,000, surpassing the total for the previous year, indicating increased business confidence [2] - Private enterprises played a crucial role, contributing 4.3 percentage points to foreign trade growth and accounting for 57% of total trade value [2] Product Export Dynamics - The export product structure improved, with industrial robot exports rising by 54.9% and wind turbine exports increasing by 23.9%, reflecting a shift towards high-quality supply to meet international demand [3] - Continuous policy support from the government is expected to inject new momentum into exports, despite potential risks from global supply chain disruptions [3] Future Policy Initiatives - The upcoming launch of the Hainan Free Trade Port and the 138th China Import and Export Fair are expected to provide substantial support for foreign trade [4] - Policies to encourage foreign investment are anticipated to be implemented in the fourth quarter, aimed at optimizing the investment structure and enhancing foreign trade stability [4][5]

Core Insights - In the first three quarters of this year, China's goods trade import and export exceeded 33 trillion yuan, marking a historical high and the first time surpassing this threshold in the same period [2] - The overall trend of China's foreign trade remains positive, with a year-on-year growth of 4% in imports and exports [4] Trade Performance - The total import and export value reached 33.61 trillion yuan, with quarterly figures consistently exceeding 10 trillion yuan: 10.3 trillion in Q1, 11.49 trillion in Q2, and 11.82 trillion in Q3 [2] - Exports amounted to 19.95 trillion yuan, showing a year-on-year increase of 7.1%, maintaining growth for eight consecutive quarters [4] - Imports totaled 13.66 trillion yuan, reflecting a slight year-on-year decline of 0.2%, but the decline has narrowed compared to earlier months [6] Export Dynamics - High-tech product exports reached 3.75 trillion yuan, with a year-on-year growth of 11.9%, contributing over 30% to the overall export growth [4] - Exports to approximately 80% of trade partners experienced growth, indicating a broad-based recovery [4] Import Trends - Despite a decline in total import value, the quantity index for imports increased by 0.6%, with significant growth in crude oil and metal ores by 2.6% and 4.2%, respectively [8] - The import of consumer goods, including food and cultural products, also showed notable increases, with values rising by 10.2% and 9.4% [8] Private Sector Performance - Private enterprises' imports and exports reached 19.16 trillion yuan, growing by 7.8%, and have maintained growth for 22 consecutive quarters [10] - Private enterprises accounted for 57% of China's total foreign trade, contributing 4.3 percentage points to overall trade growth [10] - Exports of high-tech products by private enterprises increased by 15.3%, representing 54.2% of the total value of similar goods exported [10]

东方金诚研究发展部执行总监冯琳分析指出，当前中国贸易多元化正在对外部经贸环境波动形成重要缓 冲。 另一方面，外贸主体活跃度上升，企业预期更加稳定。官方透露，前三季度，中国有进出口实绩的外贸 经营主体首次达到70万家，已超过去年全年总量。中国海关贸易景气调查最新结果显示，出口企业信心 指数连续5个月回升，进口企业也连续3个月回升。 作为稳定外贸的"主力军"，截至今年三季度，民营企业进出口已连续22个季度同比增长，前三季度拉动 中国外贸增长4.3个百分点，占外贸总值比重达57%。 从产品看，出口产品结构优化，外贸增长动能更新。前三季度，中国出口工业机器人同比增长54.9%， 中国制造机器人走俏国际市场。中国出口风力发电机组及零件同比增长23.9%，风电出海跑出"加速 度"。 前三季度中国外贸数据13日公布，这份"成绩单"显示中国外贸韧性不减。 据官方数据，今年前三季度，中国货物贸易进出口总值达33.61万亿元(人民币，下同)，同比增长4%。 值得注意的是，在贸易冲突等外部压力有增无减的情况下，中国进出口增速逐季加快。今年一、二季度 中国进出口同比分别增长1.3%和4.5%，三季度同比增长6%，已连续8个季度同比增 ...

Core Insights - China's foreign trade remains resilient, with total import and export value reaching 33.61 trillion yuan, a year-on-year increase of 4% in the first three quarters of the year [1] Group 1: Trade Performance - The growth rate of China's imports and exports has accelerated quarter by quarter, with a year-on-year increase of 6% in the third quarter, marking eight consecutive quarters of growth [1] - In the first three quarters, China's trade with countries involved in the Belt and Road Initiative grew by 6.2%, while trade with ASEAN, Latin America, Africa, and Central Asia increased by 9.6%, 3.9%, 19.5%, and 16.7% respectively [2] Group 2: Trade Structure and Business Confidence - The number of active foreign trade entities reached 700,000 in the first three quarters, surpassing the total for the previous year [2] - The export confidence index has risen for five consecutive months, and the import confidence index has increased for three months [2] Group 3: Product Export Dynamics - Exports of industrial robots surged by 54.9%, and exports of wind power generation equipment and parts increased by 23.9% [3] - Continuous policy support and high-quality supply from foreign trade enterprises are contributing to new momentum in exports [3] Group 4: Future Policy Initiatives - The Hainan Free Trade Port is set to officially launch full island closure operations on December 18, with related policies to be announced [4] - A series of favorable policies aimed at stabilizing foreign investment are expected to be implemented in the fourth quarter [4][5]

Core Insights - In the first three quarters of this year, China's total goods trade import and export value reached 33.61 trillion yuan, a year-on-year increase of 4% [1] - Exports amounted to 19.95 trillion yuan, growing by 7.1% year-on-year, while imports were 13.66 trillion yuan, showing a slight decline of 0.2% [1] - The trade growth has been consistent, with a year-on-year increase for eight consecutive quarters [1] Trade by Region - China’s trade with countries involved in the Belt and Road Initiative reached 17.37 trillion yuan, up 6.2% year-on-year, accounting for 51.7% of total trade, an increase of 1.1 percentage points [1] - Trade with ASEAN, Latin America, Africa, and Central Asia grew by 9.6%, 3.9%, 19.5%, and 16.7% respectively [1] - Trade with other APEC economies increased by 2% year-on-year [1] Product Categories - In the first three quarters, China exported 12.07 trillion yuan worth of electromechanical products, a year-on-year increase of 9.6%, making up 60.5% of total exports [1] - High-tech products such as electronic information, high-end equipment, and instruments saw year-on-year growth of 8.1%, 22.4%, and 15.2% respectively [1] - Green products, including "new three items" (electric passenger vehicles, lithium batteries, and solar batteries) and railway electric locomotives, also experienced double-digit growth [1] Economic Context - The Deputy Director of the General Administration of Customs highlighted that the global economy faces increasing instability and uncertainty, with rising unilateralism and protectionism impacting China's foreign trade [2] - Despite these challenges, China's economic fundamentals remain strong, with a large market and complete industrial system providing resilience and vitality for future trade stability [2]