In October, foreign trade imports and exports increased by 4.6%, and the quality of foreign trade became more stable while improving

Foreign trade imports and exports increased by 4.6% in October, achieving positive growth for 5 consecutive months——

　　The trend of improving the quality of foreign trade is becoming more obvious

　　Gu Yang, reporter from Economic Daily and China Economic Net

　　According to data released by the General Administration of Customs on the 7th, in October, my country's foreign trade imports and exports were 2.84 trillion yuan, an increase of 4.6%, continuing the previous rapid growth trend and achieving positive growth for five consecutive months.

Among them, exports were 1.62 trillion yuan, an increase of 7.6%; imports were 1.22 trillion yuan, an increase of 0.9%; the trade surplus was 401.75 billion yuan, an increase of 34.9%.

　　In the first 10 months of this year, the total value of my country's imports and exports of goods trade was 25.95 trillion yuan, a year-on-year increase of 1.1%.

Among them, exports were 14.33 trillion yuan, an increase of 2.4%; imports were 11.62 trillion yuan, a decrease of 0.5%; the trade surplus was 2.71 trillion yuan, an increase of 16.9%.

　　"While the scale of trade continues to increase, my country's international export market share is also increasing. With the global economic recession and the apparent shrinking of external demand, this highlights the strong resilience of my country's foreign trade. "Said Li Kuiwen, a spokesperson for the General Administration of Customs and Director of the Statistical Analysis Department.

　　As the largest market entity in my country's foreign trade, the majority of private enterprises have risen to difficulties and become the main force driving the development of my country's foreign trade.

In the first 10 months, the import and export of private enterprises was 12 trillion yuan, an increase of 10.5%, accounting for 46.2% of my country's total foreign trade value, an increase of 3.9% over the same period last year.

　　From the perspective of major trading partners, ASEAN continues to maintain its position as my country's largest trading partner.

In the first 10 months, my country’s imports and exports to ASEAN were 3.79 trillion yuan, a year-on-year increase of 7%, accounting for 14.6% of my country’s total foreign trade value.

At the same time, my country's imports and exports with trading partners such as the European Union, the United States and Japan have also achieved growth.

　　"It is worth noting that in the first 10 months, my country's foreign trade imports and exports with countries along the'Belt and Road' route totaled 7.58 trillion yuan, a year-on-year increase of 1.4%, and the proportion of my country's foreign trade continued to increase to 29.2%." Researcher, Research Institute of the Ministry of Commerce Xu Deshun said that a series of measures taken by China to stabilize foreign trade have produced positive effects and will help accelerate the recovery of the global economy and trade.

　　While my country's foreign trade has achieved scale growth, its trade structure has also become more optimized.

According to statistics, in the first 10 months, my country's general trade import and export amounted to 15.6 trillion yuan, an increase of 2.8%, accounting for 60.1% of my country's total foreign trade value, an increase of 1 percentage point over the same period last year.

In the same period, the import and export of processing trade was 6.09 trillion yuan, down 6.2%.

In terms of commodity types, in the first 10 months, the export of mechanical and electrical products with higher added value was 8.45 trillion yuan, an increase of 3.8%, accounting for 59% of the total export value.

Due to the increase in demand for overseas epidemic prevention, textile exports including masks were 908.41 billion yuan, an increase of 34.8%.

　　Since the beginning of this year, the central and western regions have continuously tapped the potential of foreign trade, and foreign trade import and export have been active, and the growth rate has led the country.

In the first 10 months, the growth rate of foreign trade in the central and western regions was 8.5%, which was 7.4 percentage points higher than the national growth rate. The proportion of trade increased by 1.2 percentage points compared with the same period last year.

Among them, Sichuan, Guizhou, Jiangxi, Anhui and Chongqing's import and export growth rates rank among the top 5 in the country.

With the further acceleration of the all-round expansion and opening up, the central and western regions are expected to become an important force in stabilizing my country's foreign trade development.