The latest customs statistics show that in the first three quarters of this year, China's total import export of goods amounted to 33.61 trillion yuan, a year-on-year increase of 4%.

Exports reached 19.5 trillion yuan, up by 7.1% year on year.

Imports amounted to 13.66 trillion yuan, down by .2% year on year.

In September alone, the total value of imports and exports reached 4.04 trillion yuan, a year-on-year of 8%.

Private enterprises showed a remarkable performance: with a total import and export of 19.16 trillion yuan, an increase of 78% year on year

In the first three quarters of this year, private enterprises delivered a remarkable performance in the field of import and export, with a total import and export of 19.16 trillion yuan, achieving a growth rate of 7.8% compared to the same period last year. Specifically, exports experienced an 88% growth, while imports also saw a 5.9% increase.

As a key force in the foreign trade sector, the characteristics and highlights of private enterprises can summarized in the following three aspects:

The "mainstay" of trade stability

As of the third quarter of this year, the import and export of private enterprises have a year-on-year growth momentum for 22 consecutive quarters. Since the beginning of this year, the external economic environment has been complex and changeable, bringing many severe to foreign trade development. However, private enterprises, with their own advantages, have maintained a leading growth rate. In the first three quarters, the import and export of private enterprises have driven the growth of China's foreign trade, contributing 4.3 percentage points. Among the total foreign trade value of our country, the proportion of private enterprises has been further to 57%, which is 2 percentage points higher than the same period last year, firmly occupying the position of our country's largest foreign trade entity.

"vanguard" of market expansion

In the first three quarters, private enterprises have shown a strong market expansion capability, with the growth rate of imports and exports to more than180 countries and regions in the world higher than the overall level. In the field of exports, private enterprises have achieved good growth in both emerging markets and traditional markets. exports to ASEAN, Africa, and Central Asia, which are emerging markets, increased by 14%, 27.3%, and 11.8, respectively; the exports to the EU, Japan, and other traditional markets also exceeded the overall level. In addition, private enterprises actively connect with the needs of overseas customers and expand the export market for specialty agricultural products and traditional food. For example, it achieved the export of fresh pomelos to New Zealand and Xiaolongbao to Honduras the first time, opening up new paths for the world of our characteristic products.

The "leader" of technological innovation

Private enterprises are full of innovative vitality, innovative achievements continue to emerge, injecting new impetus into the development of foreign trade. In the first three quarters, the export of high-tech products by private enterprises increased, with a growth rate of 15.3%, accounting for 54.2% of the total export value of the same kind of goods in China, an of 1.6 percentage points over the same period last year. At present, private enterprises play an important role in China's high-end manufacturing industry and emerging industries. 80% of high-end machine tools, more than 70% of lithium batteries, and nearly 60% of medical devices are exported by private enterprises. large super giant ships to small handheld terminals, from industrial production equipment to cutting-edge embodied intelligence fields, private enterprises are actively involved in all aspects, demonstrating strong innovative strength and market.