The Report Card Of Foreign Trade Is Good, And The Vitality Of China'S Foreign Trade Remains Unabated

Since the beginning of this year, my country's foreign trade has withstood pressure and demonstrated strong resilience: in the first 11 months, the total import and export value of goods trade was 37.96 trillion yuan, achieving positive year-on-year growth for two consecutive months, and the stabilization trend continues to consolidate. As one of the "troika" driving economic growth, foreign trade plays an important role in driving consumption, expanding employment, and promoting economic growth.
For a country, both foreign trade exports and imports are very important. The scale of my country's foreign trade has reached a new high, which needs to be viewed not only on a quarterly basis, but also across years. Looking at each quarter, the total import and export value in the first, second and third quarters of 2023 was 9.72 trillion yuan, 10.29 trillion yuan and 10.79 trillion yuan respectively. Looking across years, the scale of foreign trade has exceeded 20 trillion yuan, 30 trillion yuan, and 40 trillion yuan in 2010, 2018, and 2022. Since 2017, it has maintained its status as the largest country in goods trade for six consecutive years. The average annual growth rate of goods trade among the countries along the "Belt and Road" is 8%… Since the new era, China's foreign trade development has continued to achieve new breakthroughs. This series of data fully demonstrates that my country's foreign trade has both steadily increased in quantity and significantly improved in quality. We are full of confidence and confidence in building a strong trading nation.
Optimize the policy environment to allow China's foreign trade to move forward steadily. "The most essential feature of socialism with Chinese characteristics is the leadership of the Communist Party of China, and the greatest advantage of the socialist system with Chinese characteristics is the leadership of the Communist Party of China." In April this year, the General Office of the State Council issued the "Opinions on Promoting Stable Scale and Optimal Structure of Foreign Trade", proposing 18 specific measures in five aspects to help companies stabilize orders and expand markets. At the same time, localities are encouraged to introduce supporting support policies based on local conditions to enhance policy synergy. The implementation of a package of policies to stabilize foreign trade has stabilized business confidence and market expectations, enhanced China's ability to cope with global supply chain adjustments and market fluctuations, promoted the smooth operation and positive development of import and export of goods trade, and also contributed to the global industrial chain and trade. Chain stability has contributed to China's strength.
Deeply cultivating the "fertile soil" of the market will enable China's foreign trade to gain momentum. "China's economy is a sea, not a small pond." As the world's second largest economy, our country has a huge market size of 1.4 billion people and a strong purchasing power of more than 400 million middle-income groups, which is unmatched by any country. of. In the first three quarters, my country's imports and exports to countries co-building the "Belt and Road" were 14.32 trillion yuan, a year-on-year increase of 3.1%, accounting for 46.5% of the total import and export value. During the same period, my country's imports and exports to ASEAN, its largest trading partner, were 4.68 trillion yuan, a year-on-year increase of 0.8%, accounting for 15.2% of the total import and export value. Data show that my country's foreign trade import and export structure has realized a transformation from labor-intensive products to high-tech value-added products, and the competitiveness of high-value-added and high-tech products is also emerging. Because of this, many foreign companies have increased investment in China and cast a "vote of confidence" in the Chinese market and Chinese economy. The full release of the "magnetic attraction" of the ultra-large-scale market has injected inexhaustible impetus into the steady progress of China's foreign trade, demonstrating China's unstoppable and invincible power.
Continuing to expand opening up will make China's foreign trade more resilient. As China's opening up to the outside world continues to increase, foreign trade development has become more diversified, deepening economic and trade exchanges with new and old friends, improving the quality and level of trade and investment cooperation, and promoting the reshaping and reshaping of regional and global value chains. After reconstruction, the scope of the "circle of friends" in the international market is getting wider and wider. In the first 11 months, ASEAN was my country's largest trading partner. The total trade value between my country and ASEAN was 5.8 trillion yuan, an increase of 0.1%, accounting for 15.3% of my country's total foreign trade value. During the same period, the EU was my country's second largest trading partner, with imports from the EU reaching 1.81 trillion yuan, an increase of 5%. At the same time, on the Eurasian continent, the number of China-Europe trains has exploded, reaching nearly 900 times that of the year it was opened. Now, an average of 42 trains shuttle between China and more than 190 European cities every day, providing a great opportunity for trains along the route. Bring new opportunities. Looking to the future, the more open we are, the more we will develop. The ever-expanding "circle of friends" will not only inject strong vitality into its own development, but also allow countries around the world to share China's opportunities.
Open China, a win-win world. The report of the 20th National Congress of the Communist Party of China clearly stated that "accelerating the construction of a strong trade country". The fundamentals of China's long-term economic growth have not changed. Coupled with a good industrial system and complete production capacity, this shows that my country's foreign trade development has sufficient resilience and room for maneuver. Standing at a new starting point, promoting the optimization and upgrading of trade in goods, innovating the development mechanism of trade in services, and expanding foreign economic and trade cooperation will surely gather strong synergy for the high-quality development of China's foreign trade, create more opportunities for the world, and make China's economic development prospects more promising. bright.