According to recent reports from CCTV News, China’s foreign trade has shown remarkable resilience this year, with significant growth in both volume and quality. Latest data from the World Trade Organization indicates that in the first half of the year, China’s share of the international export market rose to 14.3%, marking a year-on-year increase of 0.4 percentage points. This solid performance has helped China maintain its status as the world’s largest goods trader.
In the first three quarters, trade with over 160 countries and regions saw growth. Exports to traditional markets in Europe, the United States, and Japan grew by 4.2%, while exports to emerging markets in ASEAN and Latin America surged by 12.3% and 13.7%, respectively. This data reflects a steady progress in market diversification. Notably, the Yantian Port in Shenzhen added 16 new shipping routes just in the first nine months of this year.
As cross-border e-commerce continues to expand, more businesses are connecting with international markets. In the first three quarters alone, exports from China’s cross-border e-commerce reached 1.48 trillion yuan, marking a 15.2% increase. There is a clear trend towards smarter, greener, and branded products. Currently, enterprises within the 165 national cross-border e-commerce comprehensive pilot zones have registered over 30,000 brands overseas, and approximately 16,000 of these companies are recognized as high-tech enterprises.
During a recent visit to a cleaning robot company, reporters observed AI-equipped robots capable of identifying various types of waste, such as pet hair and dust.
Innovation continues to drive greater demand for Chinese manufacturing. In the first three quarters, the export of electromechanical products grew by 8%, accounting for 59.3% of the total export value. High-end equipment exports saw an impressive 43.4% increase, while high-tech and high-value-added products like integrated circuits, ships, and general machinery also experienced double-digit growth, further optimizing the structure of foreign trade.
