Recently, multiple customs offices have released data on foreign trade imports and exports for the first three quarters of this year, with many highlights.

     According to public information, the total import and export value of Xinjiang's foreign trade in the first three quarters of this year reached 252.84 billion yuan, a year-on-year increase of 47.3%, surpassing the full year foreign trade level of 2022, and the scale also reached a new historical high. The total import and export value of Henan's foreign trade in the first three quarters of this year was 571.96 billion yuan. In September, Henan's foreign trade import and export reached 79.61 billion yuan, a significant increase of 46% compared to August, and the monthly import and export value reached the second highest level in the year.

     According to national data, on October 13th, Lv Daliang, spokesperson for the General Administration of Customs and Director of the Department of Statistics and Analysis, introduced at a press conference held by the State Administration of Customs that in the first three quarters of this year, China's import and export of goods operated smoothly and actively improved. The total import and export value of China in the first three quarters was 30.8 trillion yuan, and in September, the import and export value was 3.74 trillion yuan, a continuous two month on month growth, and the scale reached a new high in a single month of the year.

     When it comes to the impressive performance of foreign trade "transcripts" in various provinces, Xie Xiaowen, a special researcher at the E-commerce Research Center, stated in an interview with Securities Daily that such achievements can be attributed to various factors. Firstly, the rapid development of China's economy has provided a solid foundation for foreign trade. At the same time, relevant supporting policies and measures have played a positive role in promoting foreign trade enterprises, such as reducing taxes and fees, providing a better development environment.

     The continuous growth of the 'new three types' exports has driven foreign trade to stabilize and improve. "Song Siyuan, Deputy Researcher of the International Trade and Economic Cooperation Research Institute of the Ministry of Commerce, analyzed to reporters that since the beginning of this year, the competent commercial departments of various provinces and cities have actively made efforts to seize the opportunity, organize enterprises to participate overseas, seize orders, and provide preferential policies such as credit support to enterprises, laying a solid foundation for the growth of foreign trade in the first three quarters. In the field of foreign trade, the fundamentals of China's foreign trade development continue to improve, demonstrating strong foreign trade resilience and comprehensive competitiveness.

     With the arrival of the traditional peak season for foreign trade in the fourth quarter, many companies are ready. For example, the person in charge of Evergreen Holdings stated in an interview with Securities Daily that the company's import and export business performed well in the first half of the year and will also sprint in the fourth quarter. Overall, the company's products are sold domestically and internationally, with no significant differences. Products promoted domestically will also be promoted to overseas markets.

     While "foreign traders" are preparing to sprint for the fourth quarter, the interviewed experts generally believe that a series of exhibition and trade fair intensive opening will also have a positive impact on foreign trade performance. Xie Xiaowen believes that the recent foreign trade platform activities such as the Canton Fair will have a positive impact on China's foreign trade. On the one hand, these exhibition fairs provide a platform for domestic and foreign enterprises to exchange and cooperate, helping to expand the market, find partners, and further enhance the international awareness and competitiveness of China's products and services. On the other hand, the holding of exhibitions can promote the docking and negotiation of domestic and international trade, strengthen communication and cooperation between supply and demand sides, and help promote the smooth progress of trade. In addition, exhibitions can also drive the development of related industrial chains, promote employment and economic growth. Overall, these foreign trade platform activities will bring more opportunities and development space to China's foreign trade.