China's goods trade imports and exports reached 33.61 trillion yuan in the first three quarters of this year
Second, market diversification has been continuously advanced. In the first three quarters, China's imports and exports with the countries along the Belt and Road Initiative reached 17.37 trillion yuan, increasing by 6.2%, accounting for 51.7% of the total value of imports and exports, with the proportion rising by 1.1 percentage points. Imports and exports with ASEAN, Latin America, Africa and Central Asia increased by 9.6%, 3.9%, 19.5% and 16.7% respectively. Imports and exports with other APEC economies increased by 2%.
Third, export products are trending towards novelty and quality. In the first three quarters, China's exports of mechanical and electrical products reached 12.07 trillion yuan, increasing by 9.6%, accounting for 60.5% of the total export value, up by 1.4 percentage points. Among them, the exports of high-tech products such as electronic information, high-end equipment and instruments and meters increased by 8.1%, 22.4% and 15.2% respectively. The growth rates of green products such as the "new three types" products and railway electric locomotives all reached double digits.
Fourth, import operations have gradually picked up. With the effective release of domestic demand potential, imports rose by 0.3% year-on-year in the second quarter, and the growth rate further accelerated to 4.7% in the third quarter. In the third quarter, the imports of crude oil and metal ores increased by 4.9% and 10.1% respectively year-on-year. The import values of metrological testing instruments, computers and communication equipment increased by 9.3% and 8.9% respectively.
The fifth point is that foreign trade entities are active and vigorous. In the first three quarters, the number of foreign trade enterprises in China with actual import and export performance reached 700,000, an increase of 52,000 compared with the same period last year. Among them, there were 613,000 private enterprises, with an import and export volume of 19.16 trillion yuan, increasing by 7.8%. There were 80,000 foreign-invested enterprises, with imports and exports reaching 9.82 trillion yuan, an increase of 3.1%.
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