Recently, multiple countries have released the latest trade data, indicating that exports are starting to bottom out and rebound. China's foreign trade is also expected to achieve positive growth.

According to customs statistics, in the first three quarters of 2023, China's total import and export value was 30.8 trillion yuan, a slight decrease of 0.2% year-on-year. Among them, exports reached 17.6 trillion yuan, a year-on-year increase of 0.6%; Import reached 13.2 trillion yuan, a year-on-year decrease of 1.2%.

Meanwhile, according to customs statistics, China's foreign trade exports achieved a growth of 0.6% in the first three quarters. Especially in August and September, the export scale continued to expand, with a month on month increase of 1.2% and 5.5%, respectively.

Lv Daliang, spokesperson for the General Administration of Customs, stated that the stability of China's foreign trade is fundamental.

Lv Daliang, spokesperson for the General Administration of Customs, stated that the stability of China's foreign trade is fundamental.

Firstly, the scale is stable. In the second and third quarters, both imports and exports were above 10 trillion yuan, maintaining a historically high level; The second is the stability of the main body. The number of foreign trade enterprises with import and export performance in the first three quarters increased to 597000.

Among them, the import and export value of enterprises that have been continuously active since 2020 accounts for nearly 80% of the total. Thirdly, the share is stable. In the first seven months, China's international export market share remained basically the same as the same period in 2022.

At the same time, foreign trade has also shown positive changes, manifested in good overall trends, good vitality of private enterprises, good market potential, and good platform development.

In addition, the General Administration of Customs also released for the first time the trade index of China and the countries jointly building the "the Belt and Road", with the total index rising from 100 in the base period in 2013 to 165.4 in 2022.

In the first three quarters of 2023, China's import and export to countries jointly building the "the Belt and Road" increased by 3.1% year-on-year, accounting for 46.5% of the total import and export value.

In the current environment, the growth of trade scale means that China's foreign trade imports and exports are more fundamental and supportive, demonstrating the strong resilience and comprehensive competitiveness of China's foreign trade.