Crisis Management for a Conflict with North Korea

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量质齐升!前三季度外贸进出口数据发布

Quantity and Quality Both Rise! Foreign Trade Import and Export Data for the First Three Quarters Released

China Daily | Local Language | News | Oct. 15, 2025 | UndeterminedTrade Issues and Numbers

China’s foreign trade demonstrated steady growth and resilience in the first three quarters of 2025 despite complex global conditions. Total goods trade (imports and exports) reached 33.61 trillion yuan, a 4% year-on-year increase, with exports rising 7.1% to 19.95 trillion yuan and imports slightly declining by 0.2% to 13.66 trillion yuan. September alone saw an 8% year-on-year growth in goods trade. Exports and imports have posted consecutive growth for four months and export growth has continued for eight quarters.

The structure of China’s foreign trade is improving with increasing numbers of foreign trade operators, reaching 700,000 for the first time, surpassing last year’s total. The export enterprise confidence index rose for five straight months, while import enterprise confidence also improved for three months. The five leading provinces—Guangdong, Jiangsu, Zhejiang, Shanghai, and Shandong—accounted for over 80% of the trade growth, contributing to China maintaining its position as the world’s largest merchandise trader, accounting for 11.8% of global trade in the first seven months.

New growth drivers include a rapid rise in exports of advanced industrial products such as industrial robots (up 54.9%) and wind turbines (up 23.9%), along with the global popularity of culturally significant products like dragon boats and wood carvings that have been modernized. Cross-border e-commerce imports and exports grew 6.4%, with exports mainly consisting of clothing, digital products, and appliances, while imports focused on beauty, fresh food, and medical products. Key manufacturing and import hubs remain concentrated in several provinces.

Looking ahead, officials emphasized ongoing efforts to support foreign trade through improved customs policies, targeted training, and regulatory optimization, aiming to sustain high-quality and standardized development in cross-border e-commerce and overall trade. Despite current global economic uncertainties and trade policy risks, China continues to play a crucial role in stabilizing global supply chains and maintaining export momentum through domestic policy support and alignment with international market demands.

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