出口结构持续优化，"新三样"表现亮眼。前10个月，浙江省机电产品出口1.63万亿元，增长8.4%，其 中"新三样"产品出口1078.0亿元，增长20.2%，贡献全省出口8.1%的增量，拉动全省出口增长0.6个百分 点。 外贸主体持续壮大，民企贡献突出。前10个月，浙江有进出口实绩的外贸企业数量达12.4万家，增加 8.6%。其中民营企业11.6万家，增加9%，进出口3.78万亿元，增长6.9%，占全省进出口总值的82.1%， 较去年同期提升1.3个百分点。同期，外商投资企业进出口5643.8亿元，增长2.4%。 记者从杭州海关获悉，今年前10个月，浙江（含宁波，下同）进出口总值达4.6万亿元，同比（下同） 增长5.3%，高出全国1.7个百分点；其中出口3.47万亿元，增长6.9%，进口1.13万亿元，增长0.4%。浙江 进出口、出口和进口分别占全国的12.3%、15.7%和7.4%，规模居全国第3、第2和第6位。值得注意的 是，东盟首次超过欧盟，成为浙江最大贸易市场。 市场结构持续多元，东盟跃居首位。前10个月，东盟超越欧盟跃升为浙江省第一大贸易市场，贸易总值 为7106.1亿元，增长16.2%，占全省进出口 ...

Economic Overview - In October, the national economy continued to show a stable and progressive development trend, with notable characteristics including growth in production supply and market sales [2][5]. Employment Situation - The urban surveyed unemployment rate decreased to 5.1% in October, down by 0.1 percentage points from the previous month, marking two consecutive months of decline [1]. Production and Supply - Agricultural production remained strong, with an increase in autumn grain area and yield, indicating a promising harvest [2]. - The industrial production maintained stability, with the industrial added value of large-scale enterprises growing by 4.9% year-on-year in October [2]. - The service sector also showed steady growth, with a production index increase of 4.6% year-on-year [2]. Market Sales - Social retail sales of consumer goods increased by 2.9% year-on-year in October, driven by holiday consumption and the promotion of consumption [5]. - Specific categories such as communication equipment and cultural office supplies saw significant retail growth of 23.2% and 13.5%, respectively [5]. Price Trends - The consumer price index (CPI) turned positive in October, rising by 0.2% year-on-year, while the core CPI increased by 1.2%, marking a continuous expansion in growth for six months [7]. - The producer price index (PPI) saw a narrowing decline of 2.1% year-on-year, indicating a positive trend in industrial pricing [7]. Investment Trends - Investment in high-tech manufacturing showed robust growth, with a year-on-year increase of 7.2% in October [10]. - Investment in sectors such as aerospace and information services grew significantly, with increases of 19.7% and 32.7%, respectively [11]. Emerging Industries - The digital economy and green transformation are gaining momentum, with significant growth in sectors like smart manufacturing and artificial intelligence [12]. - New energy vehicles and lithium-ion batteries saw production increases of 19.3% and 30.4%, respectively, highlighting the growth potential in these areas [10].

付凌晖： 谢谢您的提问。10月份，在党中央的坚强领导下，各地区各部门认真贯彻落实党中央、国务院决策部 署，加力稳就业、稳企业、稳市场、稳预期，着力做强国内大循环，积极畅通国内国际双循环，生产需 求平稳增长，就业物价总体稳定，转型升级态势持续，国民经济延续了稳中有进的发展态势。主要呈现 以下特点： 一是生产供给继续增长。农业生产形势较好。秋粮面积稳中有增，单产持续提高，全年粮食丰收在望， 秋冬播进展总体顺利。工业生产总体稳定。10月份，规模以上工业增加值同比增长4.9%，保持总体稳 定。其中，装备制造业增加值增长8%，明显快于规模以上工业增速，对规模以上工业增长支撑作用明 显。服务业增势平稳。10月份，服务业生产指数同比增长4.6%，增速比上月有所回落，主要是受上年 同期基数抬升的影响。从两年平均和累计增速来看，服务业增长保持基本平稳。国庆和中秋假期叠加带 动相关服务业增长加快，10月份住宿和餐饮业生产指数同比增长3.9%，比上月加快2.6个百分点。 （2025年11月14日） 每日经济新闻记者： 从刚刚发布的数据情况看，您如何评价10月份经济运行情况？有哪些亮点和积极变化？谢谢。 二是市场销售持续扩大。提振消 ...

Domestic News - The export of electromechanical and high-tech products has become an important growth point, with a year-on-year increase of 8.7% in the first ten months, accounting for 60.7% of total exports. Integrated circuits and automobile exports grew by 24.7% and 14.3% respectively [7] - Inner Mongolia aims for 35% of new cars (excluding trucks) to be new energy vehicles by 2027, with a focus on increasing the application of new energy vehicles in public transport and logistics [8] - Beijing and Shanghai have approved the first foreign AI large models, including Mercedes-Benz's "Virtual Assistant" and Tesla's xBot customer service, enhancing user interaction and support [9][10] - Dongfeng Motor plans to mass-produce its next-generation solid-state batteries by September 2026, achieving an energy density of 350Wh/kg and enabling a range of 1000 kilometers [11] - Dongfeng Honda has signed a strategic cooperation agreement with Tencent Smart Mobility to collaborate on digital marketing and AI applications [13] - Xiaopeng Motors has launched a "Worry-Free Service Package" valued at 7600 yuan, offering various vehicle services for 899 yuan per year [14] - Didi Autonomous Driving has partnered with the Abu Dhabi Investment Office to promote the application of autonomous driving technology in the Middle East [15] - ECARX will provide intelligent cockpit solutions for Volkswagen Group's models in Latin America, integrating Google Automotive Services [16] International News - South Korea will increase electric vehicle subsidies by 20% in 2026, raising the subsidy from 780 billion won to 936 billion won (approximately 658 million USD) to stimulate domestic market demand [18] - Waymo has deployed 2500 autonomous taxis across the U.S., including 1000 in the San Francisco Bay Area and 700 in Los Angeles [19] - Tesla plans to support Apple CarPlay in its vehicles within months, marking a significant shift in the company's stance towards the system [20] - LG and Mercedes-Benz executives have agreed to strengthen cooperation in electric vehicle components and software-defined vehicle technologies [21] Commercial Vehicles - The "CIMC Vehicles EVRT" product platform was showcased at the Wuhan Commercial Vehicle Exhibition, highlighting advancements in electric commercial vehicle technology [21] - A hydrogen-powered heavy truck demonstration line for fertilizer transportation has been launched in the Tianjin Port Free Trade Zone, promoting green logistics [22] - Foton AUV has introduced a cross-year purchase tax subsidy plan to alleviate customer concerns as new energy vehicle purchase subsidies decrease [23] - Great Wall Motors has formed a strategic partnership with Knorr-Bremse to enhance innovation in vehicle manufacturing and braking systems [24][25]

Core Viewpoint - China's goods import and export maintained steady growth in the first ten months of 2025, with a total increase of 3.6% year-on-year, showcasing resilience and vitality in the face of global trade protectionism and uncertainty [1] Group 1: Overall Trade Performance - In October, China's total goods import and export increased by 0.1% year-on-year, with the import value growing by 1.4%, marking five consecutive months of growth [1] - The growth in October was influenced by a high base effect from the previous year, particularly due to typhoon impacts that delayed some imports and exports [1] Group 2: Diversification of Foreign Trade - Despite high tariffs affecting trade with the U.S., China has expanded trade with ASEAN and the EU, with import and export growth rates of 9.1% and 4.9% respectively from January to October [2] - Trade with Belt and Road Initiative countries also saw a growth of 5.9%, contributing to the overall increase in foreign trade [2] Group 3: Vitality of Foreign Trade Enterprises - In the first ten months, private enterprises in China experienced a 7.2% increase in import and export activities, significantly outpacing the overall growth rate [2] - Foreign-invested enterprises also showed a growth of 2.9%, indicating continued expansion in foreign trade [2] Group 4: Export Dynamics - The export of mechanical and electrical products, as well as high-tech products, has become a significant growth driver, with mechanical and electrical product exports increasing by 8.7% and accounting for 60.7% of total exports [3] - Notably, integrated circuits and automobile exports grew by 24.7% and 14.3% respectively, while high-tech product exports rose by 7.3%, outpacing overall export growth [3]

人民财讯11月14日电，11月14日，国家统计局新闻发言人、总经济师、国民经济综合统计司司长付凌晖 在国新办新闻发布会上表示，随着我国产业升级发展，产品的技术含量提升，出口商品竞争力不断增 强，结构也在不断优化升级，机电产品和高技术产品日益成为出口的重要增长点。前10个月我国机电产 品出口额同比增长了8.7%，占全部出口总额的比重达到了60.7%，其中集成电路、汽车出口额分别增长 了24.7%、14.3%。与此同时，高技术产品的出口向好。前10个月高新技术产品出口额增长7.3%，增速 也是快于全部出口额的增速。 ...

Investment Rating - The report maintains a stable outlook for the trade industry [3][52]. Core Insights - In the first three quarters of 2025, China's trade industry achieved "steady improvement" despite complex external conditions, with exports growing by 6.1% and trade surplus expanding [2][51]. - The structure of import and export products continues to optimize, with an increase in the share of electromechanical and high-tech products [51]. - Emerging markets, particularly countries involved in the Belt and Road Initiative and ASEAN, have become the main engines for export growth, leading to a diversification of export markets [2][12]. Industry Performance - In the first three quarters of 2025, China's total import and export value reached 46,841.89 billion USD, a year-on-year increase of 3.1% [5]. - Exports totaled 27,796.37 billion USD, up 6.1% year-on-year, while imports slightly decreased by 1.1% to 19,045.53 billion USD [5][6]. - The trade surplus for the first three quarters was 8,750.84 billion USD, an increase of 1,807.27 billion USD compared to the same period last year [6]. Trade Partners and Market Dynamics - China expanded its trade partnerships, becoming a top trading partner for 166 countries and regions, with ASEAN remaining the largest trading partner [11]. - In the first three quarters, trade with Belt and Road countries reached 17.37 trillion yuan, accounting for 51.7% of total trade, reflecting a 1.1 percentage point increase [12][13]. - The export of electromechanical products reached 12.07 trillion yuan, growing by 9.6% and constituting 60.5% of total exports [13]. Commodity Price Trends - International crude oil prices fluctuated between 60-80 USD per barrel, with a significant drop in early 2025 followed by stabilization [15][16]. - Steel prices showed a downward trend, with an overall decrease of 4.2% compared to 2024, influenced by weak demand in the real estate sector [17]. - Coal prices experienced a "U-shaped" trend, with a significant recovery in the third quarter due to supply-side policies [22]. Currency and Policy Analysis - The RMB/USD exchange rate showed a strong rebound, with the offshore RMB reaching 7.10 by the end of September, reflecting a 1.6% appreciation from the second quarter low [31]. - Trade policies in 2025 focused on origin management innovation, free trade zone construction, and foreign exchange facilitation to support stable foreign trade [34][36]. Future Outlook - The international environment is expected to improve, with domestic macro policies and the release of internal demand supporting the trade industry's stable development [52]. - The trade industry is projected to experience "stable foreign trade scale, increased domestic trade growth, and further optimization of structure" in 2026 [52].

Core Insights - Shaanxi's foreign trade has accelerated growth in the first three quarters, with a total import and export value of 378.08 billion yuan, a year-on-year increase of 12% [1] - Exports increased by 14.8% while imports grew by 6.2%, marking a historical high for the same period [1] - The province's goods trade import and export scale has maintained over 100 billion yuan for eight consecutive quarters, demonstrating strong resilience and growth momentum [1] Trade Growth Trends - The growth rate of Shaanxi's foreign trade has been gradually increasing, with a decline of 1.5% in Q1, followed by a recovery in Q2 with a growth rate of 16.1%, and further rising to 21.5% in Q3 [2] - High-tech product exports increased by 11.4% year-on-year, maintaining growth for six consecutive months, indicating an upward trend in "Shaanxi manufacturing" [2] - The number of foreign trade entities reached a historical high, with over 5,000 companies engaged in import and export activities, reflecting robust development vitality [2] Quality and Innovation in Exports - The export of "new three samples" products, representing green and low-carbon initiatives, grew rapidly, reaching 43.76 billion yuan, a year-on-year increase of 32.6%, accounting for one-sixth of Shaanxi's total exports [2] - Notably, the export of new energy vehicles from Shaanxi reached 207,000 units, with an export value of 28.02 billion yuan, showing year-on-year growth of 73.3% and 79.7% respectively [2] - The share of new energy vehicle exports in the province's total automobile exports increased from 60% to 80% year-on-year, achieving both volume and price increases [2] Supportive Policies and Market Diversification - Shaanxi's foreign trade growth is supported by strong policies from the commerce, customs, and financial sectors, facilitating market expansion and order acquisition for foreign trade enterprises [3] - Initiatives such as "Shan Yao Global" and support for small and micro enterprises have enhanced service convenience for companies venturing abroad [3] - In the first three quarters, imports and exports to emerging markets saw significant growth, with trade to Africa increasing by 51.2% and to Central Asia by 17.3%, indicating improved capabilities in navigating complex external environments [3] Overall Outlook - Despite uncertainties in the external environment, Shaanxi's industrial system advantages, strong market demand, and resilient import and export dynamics are expected to support the achievement of high-quality foreign trade goals for the year [3]

Core Insights - The central viewpoint of the articles highlights the significant growth in foreign trade in China's central and western regions, marking them as vital contributors to stabilizing foreign trade and expanding openness before the end of 2025 [1][3]. Group 1: Central Region Trade Performance - In the first three quarters of 2025, the central region's import and export volume reached 2.84 trillion yuan, a historical high, with a year-on-year growth of 11.4%, surpassing the national growth rate by 7.4 percentage points, achieving positive growth for 16 consecutive months [4]. - The trade volume with countries involved in the Belt and Road Initiative amounted to 1.5 trillion yuan, increasing by 14.5%, which accounted for over 50% of the central region's total foreign trade during the same period [4]. Group 2: Western Region Trade Performance - In the first three quarters of 2025, the western region's exports reached 2 trillion yuan, growing by 13.7%, while imports totaled 1.2 trillion yuan, with a growth rate of 4.9% [6]. - The trade volume with Belt and Road Initiative countries in the western region also reached 2 trillion yuan, making up over 60% of the region's total foreign trade [6]. Group 3: Role of Private Enterprises - Private enterprises in the western region reported an import and export volume of 1.75 trillion yuan, accounting for more than half (54.5%) of the region's total foreign trade [9]. - The western region has been actively promoting the enhancement of its characteristic advantageous industries, with high-tech product exports reaching 458.38 billion yuan, reflecting a growth of 26.4%, thereby injecting strong momentum into integration with global industrial and supply chains [9].

Core Insights - The Hong Kong-Zhuhai-Macao Bridge has become a significant driver of trade growth and regional integration in the Guangdong-Hong Kong-Macao Greater Bay Area since its opening seven years ago [2] Trade and Economic Impact - As of September this year, the total number of vehicles passing through the Zhuhai Port of the bridge reached 18.931 million, with a cumulative import and export value of 1.24 trillion yuan [2] - In the first nine months of this year, the total import and export value reached 228.88 billion yuan, representing a year-on-year increase of 37% [2] - Cross-border e-commerce exports through the bridge's customs management platform exceeded 76.46 billion yuan, showing a remarkable year-on-year growth of 99.2%, surpassing the total value of the previous year [2] - The bridge has become the second-largest port in the country for cross-border direct purchase exports [2] Growth Metrics - Since its opening, the average monthly import and export value has increased from 4.1 billion yuan to 25.4 billion yuan, marking an increase of over five times [2] - Notably, the export of high-tech products has seen particularly strong growth [2]