Core Insights - China's goods trade import and export reached 33.61 trillion yuan in the first three quarters of 2025, showing a year-on-year growth of 4% [6][5] - ASEAN remains China's largest trading partner, with trade volume of 5.57 trillion yuan, up 9.6% year-on-year, accounting for 16.6% of China's total foreign trade [7][6] Trade Performance - In the first three quarters of 2025, exports totaled 19.95 trillion yuan, increasing by 7.1%, marking eight consecutive quarters of growth, while imports were 13.66 trillion yuan, a slight decline of 0.2% [6][5] - China's share of global goods trade stood at 11.8% in the first seven months of 2025, maintaining its position as the world's largest goods trader [2][3] Trade Resilience - Despite facing a challenging external environment, China's goods trade demonstrated strong resilience, characterized by stability in the trade landscape, new growth momentum, and proactive foreign trade entities [3][10] - The number of foreign trade entities with import and export performance reached 700,000 for the first time, surpassing the total for the entire year of 2024 [10][3] Sectoral Insights - The processing trade's import and export volume reached 6.18 trillion yuan, growing by 6.9% and accounting for 18.4% of total foreign trade, with a focus on high value-added segments [10][9] - Exports of industrial robots surged by 54.9%, and wind power equipment exports increased by 23.9%, indicating a shift towards innovative and high-tech products [10][3] Business Confidence - The export enterprise confidence index has risen for five consecutive months, while the import enterprise confidence index has increased for three months, reflecting improving business sentiment [4][10]

Core Viewpoint - China's goods trade has shown resilience and achieved growth for eight consecutive quarters, with a total import and export value of 33.61 trillion yuan in the first three quarters of 2023, reflecting a year-on-year increase of 4% [1][2]. Group 1: Trade Performance - In the first three quarters, China's goods trade imports and exports grew by 1.3%, 4.5%, and 6% in the first, second, and third quarters respectively [1]. - The export and import values have shown a continuous year-on-year increase for four consecutive months as of September [2]. - The five major provinces (Guangdong, Jiangsu, Zhejiang, Shanghai, and Shandong) contributed over 80% to the national import and export growth, with a combined increase of 5.2% [2]. Group 2: Export Dynamics - The export growth rate exceeded 7% in the first three quarters, with industrial product exports maintaining a global leading share since 2008 [4]. - High-tech product exports reached 3.75 trillion yuan, growing by 11.9%, contributing over 30% to the overall export growth [4]. - The export of industrial robots surged by 54.9%, and wind power equipment exports increased by 23.9% [2][4]. Group 3: Private Sector Performance - Private enterprises accounted for 19.16 trillion yuan in imports and exports, marking a year-on-year increase of 7.8%, with exports and imports growing by 8.8% and 5.9% respectively [6]. - Private enterprises have been the mainstay of foreign trade, contributing 4.3 percentage points to overall trade growth and representing 57% of total foreign trade value [6]. - The export of high-tech products by private enterprises grew by 15.3%, making up 54.2% of the total high-tech product exports [6]. Group 4: Market Adaptation - Companies are increasingly adapting to international market demands by offering personalized and customized solutions, such as split air conditioning systems tailored for European markets [5]. - The ongoing support from domestic policies and the commitment of foreign trade enterprises to high-quality supply are expected to inject new momentum into exports [5]. Group 5: Future Outlook - The customs authority plans to deepen customs reforms, optimize regulatory services, and strengthen policy guidance to support the healthy and high-quality development of the private economy [7].

Core Viewpoint - China's foreign trade has shown resilience and steady growth in the first three quarters of the year, with a year-on-year growth rate of 4% in total goods trade [2] Group 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%) [2] - The import and export growth rates have accelerated quarterly, with growth rates of 1.3%, 4.5%, and 6% in the first, second, and third quarters respectively [2][3] - The number of foreign trade entities with import and export performance reached 700,000 for the first time, exceeding last year's total [2][3] Group 2: Market Diversification - Trade with countries involved in the Belt and Road Initiative reached 17.37 trillion yuan, growing by 6.2% and accounting for 51.7% of total trade [2] - Exports to ASEAN, Latin America, Africa, and Central Asia grew by 9.6%, 3.9%, 19.5%, and 16.7% respectively [2] Group 3: Export Product Trends - Exports of mechanical and electrical products reached 12.07 trillion yuan, growing by 9.6% and accounting for 60.5% of total exports [3] - High-tech product exports, including electronic information and high-end equipment, saw significant growth rates of 8.1%, 22.4%, and 15.2% respectively [3] Group 4: Import Trends - Imports began to recover, with a growth rate of 4.7% in the third quarter, driven by increased demand for raw materials and high-tech equipment [3][6] - The import quantity index increased by 0.6% year-on-year, despite a 0.2% decline in total import value [6] Group 5: Cross-Border E-commerce - Cross-border e-commerce imports and exports reached approximately 2.06 trillion yuan, growing by 6.4%, with exports at about 1.63 trillion yuan [7] - Major export categories included apparel, digital products, and home appliances, while imports were primarily beauty products, food, and healthcare items [7] Group 6: Regional Trade Developments - The western region of China saw foreign trade growth of 10.2%, with total trade reaching 3.21 trillion yuan in the first three quarters [8] - The western region's trade through the New Western Land-Sea Corridor grew by 19.3%, contributing significantly to overall trade growth [8]

前三季度外贸增速何以逐季加快（权威发布） 我国货物贸易顶住压力，实现平稳增长，同比增速达4% 制图：张芳曼 10月13日，国务院新闻办举行新闻发布会，介绍前三季度进出口情况。据海关统计，今年前三季 度，我国货物贸易进出口33.61万亿元，同比增长4%。其中，出口19.95万亿元，增长7.1%；进口13.66 万亿元，下降0.2%。9月，进出口4.04万亿元，增长8%。海关总署副署长王军说："我国货物贸易顶住 压力，实现平稳增长，展现出较强韧性，有底气、有朝气、有锐气。" 有进出口实绩的外贸经营主体首次达70万家，超去年全年总量 "今年以来，我国外贸在复杂的外部环境下顶压前行，延续稳中向好发展势头。各地各部门攻坚克 难、努力拼搏，广大外贸企业积极应变、开拓创新，我国外贸韧性彰显、结构优化，实现了量质齐升， 成绩来之不易。"王军介绍。 进出口增速逐季加快。一、二季度我国进出口分别增长1.3%和4.5%，三季度增长6%，已连续8个季 度实现同比增长。 进口运行逐步回升。随着内需潜力有效释放，二季度进口同比增长0.3%，三季度增速进一步加快 到4.7%。三季度，原油、金属矿砂进口量同比分别增加4.9%和10.1%；计 ...

Core Viewpoint - China's foreign trade has shown resilience and a positive development trend 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: Resilience - The strong resilience of China's foreign trade is reflected in its stable performance, with China's share of global goods trade at 11.8% in the first seven months, maintaining its position as the world's largest goods trader [2] - The overall growth rate of imports and exports has accelerated, with quarterly growth rates of 1.3%, 4.5%, and 6% respectively, marking eight consecutive quarters of year-on-year growth [2] - In September alone, imports and exports reached 4.04 trillion yuan, a year-on-year increase of 8%, the highest monthly growth rate of the year [2] Group 2: Growth Momentum - 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% year-on-year, contributing over 30% to overall export growth [3] - The export of industrial robots surged by 54.9%, and green products like 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 growth, with exports primarily in apparel, jewelry, and digital products [3][4] Group 3: Market Expansion - The number of foreign trade entities has reached 700,000, surpassing last year's total, indicating a robust and proactive approach among trade participants [5][6] - China has expanded its trade partnerships, being among the top three trading partners for 166 countries and regions, an increase of 14 from the previous year [6] - Trade with countries involved in the Belt and Road Initiative reached 17.37 trillion yuan, a year-on-year increase of 6.2%, accounting for 51.7% of total trade [6][7] Group 4: Future Outlook - Despite the positive trends, the external environment remains complex and challenging, with uncertainties and difficulties increasing, necessitating continued efforts to stabilize foreign trade in the fourth quarter [8]

Core Insights - China's goods trade has shown resilience, achieving a year-on-year growth for eight consecutive quarters, with a total import and export value of 33.61 trillion yuan in the first three quarters of 2023, representing a 4% increase [1][2]. Group 1: Trade Performance - In the first three quarters, China's exports and imports have experienced steady growth, with exports increasing by 7% and imports also showing positive trends [4]. - The contribution of major provinces such as Guangdong, Jiangsu, Zhejiang, Shanghai, and Shandong accounted for over 80% of the national trade growth, with a combined increase of 5.2% [2][3]. Group 2: Export Dynamics - The export of high-tech products reached 3.75 trillion yuan, growing by 11.9%, contributing over 30% to the overall export growth [4]. - The export of industrial robots surged by 54.9%, while wind power equipment exports increased by 23.9%, indicating a shift towards innovative and high-value products [2][4]. Group 3: Private Sector Performance - Private enterprises have emerged as a significant force in foreign trade, with a total import and export value of 19.16 trillion yuan, marking a 7.8% year-on-year increase [7]. - Private enterprises accounted for 57% of China's total foreign trade value, contributing 4.3 percentage points to overall trade growth [7]. Group 4: Market Adaptation - Companies are increasingly adapting to international market demands, with customized solutions leading to a more than 20% increase in air conditioning exports to Europe [5]. - The focus on high-quality supply to meet international needs is expected to continue driving export growth [5]. Group 5: Future Outlook - The customs authority plans to enhance clearance reforms and optimize regulatory services to support the healthy and high-quality development of the private economy [8].

Core Insights - During the "14th Five-Year Plan" period, China's foreign trade has shown resilience and growth despite global challenges, with significant improvements in both scale and structure [1][3][9] Group 1: Trade Scale - The scale of goods trade has continuously expanded, surpassing $5 trillion and $6 trillion, projected to reach $6.16 trillion in 2024, a 32.4% increase compared to the end of the "13th Five-Year Plan" [3] - Service trade is expected to exceed $1 trillion for the first time in 2024, ranking second globally [3] Group 2: Trade Structure - The export proportion of high-tech products in goods trade reached 18.2%, with exports of electric vehicles, lithium batteries, and photovoltaic products increasing by 2.6 times compared to 2020 [5] - Knowledge-intensive service trade is projected to grow by 38% compared to 2020, with digital delivery services seeing nearly a 40% increase in import and export value [5] Group 3: Trade Resilience and Diversification - China's trade partnerships have diversified, with ASEAN being the largest trading partner for five consecutive years, and China being among the top three trading partners for over 150 countries [7] - Trade with Belt and Road Initiative countries has surpassed 50% of total trade, and the China-Europe Railway Express has exceeded 110,000 trips, reaching 229 cities in Europe [7] Group 4: Economic Contribution - China's foreign trade has contributed significantly to global trade growth, and the country remains a key support for the recovery of the world economy [9]

Core Insights - China's total goods trade value in the first three quarters reached 33.61 trillion yuan, a year-on-year increase of 4%, with exports growing by 7.1% and imports declining by 0.2% [1][2] - In September, the monthly trade value was 4.04 trillion yuan, marking an 8% year-on-year increase, the highest monthly growth rate of the year [1][2] Group 1: Trade Growth Characteristics - The growth rate of imports and exports has accelerated quarter by quarter, with Q1 at 1.3%, Q2 at 4.5%, and Q3 at 6% [2] - Trade with countries involved in the Belt and Road Initiative reached 17.37 trillion yuan, a 6.2% increase, accounting for 51.7% of total trade [2] - Exports of mechanical and electrical products reached 12.07 trillion yuan, a 9.6% increase, making up 60.5% of total exports [2] Group 2: Import Trends - Imports showed signs of recovery, with a 0.3% increase in Q2 and a further acceleration to 4.7% in Q3 [2] - In Q3, the import volumes of crude oil and metal ores increased by 4.9% and 10.1% respectively [2] Group 3: Trade Entity Activity - The number of foreign trade enterprises with import and export performance reached 700,000, an increase of 5.2% year-on-year [2] Group 4: Global Trade Position - As of September, China's exports and imports have shown a four-month consecutive year-on-year increase, maintaining its position as the world's largest goods trader with an 11.8% share of global trade [3] Group 5: Future Outlook - The fourth quarter is expected to see continued support for foreign trade policies, including measures to assist enterprises in exporting and stabilizing markets outside the U.S. [4]

Core Insights - During the "14th Five-Year Plan" period, China's foreign trade has shown resilience and growth amidst global changes, achieving significant milestones in trade volume and structure [1][3]. Trade Volume Expansion - The scale of goods trade has consistently surpassed $5 trillion and $6 trillion, projected to reach $6.16 trillion in 2024, marking a 32.4% increase compared to the end of the "13th Five-Year Plan" [3]. - Service trade is expected to exceed $1 trillion for the first time in 2024, ranking second globally [3]. Structural Optimization - The export proportion of high-tech products in goods trade reached 18.2% [4]. - Exports of "new three items" such as electric vehicles, lithium batteries, and photovoltaic products have increased by 2.6 times compared to 2020 [4]. - Knowledge-intensive service trade volume is projected to grow by 38% compared to 2020, with digital delivery services seeing nearly a 40% increase [4]. Resilience and Diversification - ASEAN has been China's largest trading partner for five consecutive years, with China becoming a top three trading partner for over 150 countries and regions [6]. - Trade with Belt and Road Initiative countries is expected to exceed 50% in 2024 [6]. - The China-Europe Railway Express has surpassed 110,000 trips, reaching 229 cities in Europe [6]. Supply Chain and Economic Support - The industrial and supply chains in China's foreign trade have become more complete and flexible, with events like the China International Import Expo serving as bridges for international economic cooperation [8]. - China's foreign trade continues to be a significant contributor to global trade growth, supporting the recovery of the world economy [8].

Core Insights - China's goods trade imports and exports reached 33.61 trillion yuan in the first three quarters of the year, marking a 4% year-on-year increase, with exports growing by 7.1% and imports declining by 0.2% [4][5] - The trade performance reflects resilience and structural optimization, with a continuous increase in trade volume and quality over the past eight quarters [5][6] Trade Performance - Exports totaled 19.95 trillion yuan, while imports were 13.66 trillion yuan, with September alone seeing a trade volume of 4.04 trillion yuan, up 8% [4][5] - The growth rate of imports has accelerated, with a 0.3% increase in Q2 and a further rise to 4.7% in Q3, indicating a gradual recovery in import activity [5][6] Export Dynamics - High-tech product exports, including electronic information, high-end equipment, and instruments, saw significant growth rates of 8.1%, 22.4%, and 15.2% respectively [5][6] - The export of high-tech products reached 3.75 trillion yuan, growing by 11.9%, contributing over 30% to the overall export growth [6] Market Diversification - China's trade with countries involved in the Belt and Road Initiative, as well as ASEAN, Latin America, Africa, and Central Asia, has shown growth, reflecting ongoing market diversification efforts [5][6] - The number of foreign trade enterprises with import and export performance reached 700,000, an increase of 5.2% year-on-year [5] Resilience and Future Outlook - China's trade has demonstrated strong resilience despite external pressures, maintaining its position as the world's largest goods trader, accounting for 11.8% of global trade in the first seven months [6][7] - The confidence index for export enterprises has risen for five consecutive months, indicating a positive outlook for future trade performance [7]