Breaking through challenges and sprinting, warming the feet - Perspective on the highlights of China's foreign trade operation in the first 11 months

On December 8th, the General Administration of Customs released data showing that in the first 11 months of this year, China's total import and export value of goods trade was 41.21 trillion yuan, a year-on-year increase of 3.6%, and the growth rate was the same as the first 10 months; In November, the year-on-year growth rate of imports and exports rebounded to 4.1%, maintaining growth for 10 consecutive months since February.

Upon closer inspection of the latest data, the rebound in monthly growth rate constitutes an important support for import and export growth: in November, China's exports reached 2.35 trillion yuan and imports reached 1.55 trillion yuan, with year-on-year growth of 5.7% and 1.7% respectively. Compared with last month, the growth rates have accelerated by 6.5 percentage points and 0.3 percentage points respectively, continuing to demonstrate the resilience and vitality of China's foreign trade.

In the hard won achievements, private enterprises have become the "main force". According to customs statistics, in the first 11 months, the import and export of private enterprises in China reached 23.52 trillion yuan, a year-on-year increase of 7.1%, and the number of private enterprises with import and export records increased by 66000 compared to the same period last year; The growth rate of imports and exports in November accelerated by 3.9 percentage points compared to the previous month, with exports and imports growing for nine consecutive months.

Entering Green Harmonic Drive Technology Co., Ltd. located in Wuzhong District, Suzhou City, the winter chill is dispelled by the hot production rhythm of the automated workshop.

As the 'motion center' of robot joints, the accuracy of the reducer directly determines the flexibility of the robot's motion, "Li Qian, the deputy general manager of the company, told reporters." In recent years, with the upgrading of the global robot industry, we have overcome the two major challenges of material technology and precision control. With the advantages of high precision, high reliability, and low moment of inertia, the import and export value increased by over 100% year-on-year in the first 10 months of this year

With innovation leadership and green support, China's foreign trade competitiveness continues to strengthen. According to customs statistics, in the first 11 months, China exported mechanical and electrical products worth 1.489 trillion yuan, a year-on-year increase of 8.8%, accounting for 60.9% of China's total export value. Among them, the export of "new three types" products and ships increased by 24.1% and 27.8% respectively.

At present, it is the peak season for ice and snow sports in the northern hemisphere, and the export of related ice and snow sports products continues to heat up. Recently, in the production workshop of Zhejiang Yuanjing Sports Goods Co., Ltd. located in Songmen Town, Wenling City, workers are assembling ski goggles in an orderly manner, striving to fulfill overseas orders.

In recent years, ice and snow sports equipment has become our new growth point, and orders have been scheduled until April next year, "said Wang Jialu, the foreign trade manager of the company." In the first 10 months of this year, the export value of ski goggles has reached 65 million yuan, a year-on-year increase of 37.5%. Currently, we are rushing to produce the fifth batch of orders prepared for the European skiing season

According to customs statistics, since the second half of this year, the growth rate of China's exports of ice and snow sports products such as ice skates to Central and Eastern Europe and ski suits to the North American market has exceeded double digits.

With a strong manufacturing foundation and a complete industrial system, China's economic and trade exchanges with trading partners have become closer, and emerging markets have contributed more incremental growth.

Data shows that in the first 11 months, China's imports and exports to its largest trading partner ASEAN amounted to 6.82 trillion yuan, a year-on-year increase of 8.5%; Imports and exports to Africa, Latin America, and the European Union increased by 18.7%, 5.6%, and 5.4% respectively.

Lv Daliang, Director of the Statistics and Analysis Department of the General Administration of Customs, stated that China adheres to open cooperation and mutual benefit, continuously expands two-way cooperation with trading partners, and promotes common development. In the first 11 months, China achieved simultaneous growth in exports and imports with over 110 countries and regions worldwide, an increase of more than 20 compared to the same period last year.

Industry insiders say that it is already the end of the year and all work has entered the final sprint stage. Faced with external impacts such as global unilateralism and rising protectionism, China's stable growth in foreign trade needs to further strengthen innovation momentum, enhance international cooperation, and strengthen trade resilience. More warmth should be integrated into a warm current to provide strong impetus for achieving the annual foreign trade work goals and lay a solid foundation for the smooth start of the 15th Five Year Plan.