China News Service, Beijing, October 14 (Reporter Li Xiaoyu) The total value of China's foreign trade imports and exports has now resumed growth.

Li Xingqian, Director of the Department of Foreign Trade of the Ministry of Commerce of China, stated on the 14th that China's import and export scale in the first three quarters reached a record high in the same period. Foreign trade has stabilized and is better than expected, and its contribution has increased.

　　According to official data, the total value of China's import and export of goods in the first three quarters reached 23.12 trillion yuan, an increase of 0.7% year-on-year; exports were 12.71 trillion yuan, an increase of 1.8%.

　　In an interview with reporters that day, Li Xingqian said that the stabilization of foreign trade has provided strong support for the Chinese economy.

From January to August, China had 478,000 enterprises with actual import and export performance, an increase of 6.2% year-on-year; foreign trade drove 180 million jobs, and import taxes contributed 10.4% of the country’s total tax revenue.

　　According to data from the World Trade Organization, China’s export growth in the first half of this year was 7.8 percentage points higher than the global average, and its international market share increased by more than 1 percentage point over the same period last year, a record high in the same period in history.

"The increase in trade scale and market share and the same record high are determined by China's basic foreign trade and overall strength." Li Xingqian said.

　　There has been a recent rebound in the epidemic in many countries around the world, many of which are important trading partners of China.

Li Xinggan said that the further spread of the epidemic will lead to continued shrinking of international market demand, the global industrial chain supply chain will be blocked, uncertainties and unstable factors will increase significantly, and the situation facing China's foreign trade will remain complex and severe.

　　He said that in order to stabilize foreign trade, China will accelerate the development of new business forms and models such as cross-border e-commerce and market procurement trade methods in the future, and build a number of overseas warehouses.

In addition, it will support marketable export products to open up the domestic market.

(Finish)