Since 2008, China's share of industrial product exports has consistently ranked first in the world
Currently, the process of economic globalization is facing "headwinds and reversals", and multiple international organizations have pointed out that the global economic outlook is facing significant risks. The uncertainty of trade policies has become the main factor restricting the development of the world economy. On October 13th, at a press conference held by the State Council Information Office, Wang Jun, Deputy Director General of the General Administration of Customs, believed that economic globalization is an unstoppable historical trend, and maintaining the resilience and stability of global industrial and supply chains is in line with the common interests of all countries in the world. He emphasized that China is an important force in maintaining the stability and smoothness of the global supply chain. Domestic stock and incremental policies continue to be effective, and foreign trade enterprises continue to adapt to the demand of the international market with high-quality supply. All of these will inject new momentum into China's exports. In response to questions from media reporters regarding the charges imposed by China and the United States on each other's ships docking on October 14th, Lv Daliang, spokesperson for the General Administration of Customs and Director of the Statistics and Analysis Department, believes that since 2025, some countries have indiscriminately imposed tariffs, which have impacted the multilateral trading system, disrupted the global trade order, affected the normal production and operation of enterprises and the pace of trade, and also harmed the interests of a large number of enterprises. At the same time, it has also seriously disrupted the economic development of various countries, triggering widespread opposition from the international community. The measures taken by the United States are typical unilateralism and protectionism, with obvious discriminatory colors. China's countermeasures are necessary passive defense actions, which are not only necessary measures to safeguard the legitimate rights and interests of Chinese industries and enterprises, but also necessary measures to maintain a fair competition environment in the international shipping and shipbuilding markets. We hope that the United States can face its own mistakes, move towards China, and return to the correct track of dialogue and consultation, "emphasized Lv Daliang. The growth rate of China's foreign trade exports exceeded 7% in the first three quarters China has always firmly supported and maintained the multilateral trading system, promoted the stability and smoothness of global industrial and supply chains, and injected certainty and stability into world economic growth. Lv Daliang introduced that since 2025, China's foreign trade exports have effectively responded to various pressures and challenges, maintained a good growth trend, and the growth rate in the first three quarters exceeded 7%. Preliminary analysis shows that there are several driving factors in the following aspects. Firstly, the complete industrial system in our country has laid a solid foundation for growth. China has a large industrial scale, a wide range of industrial categories, and strong supporting capabilities, making it a key link in the global industrial and supply chains. According to global trade data, China's share of industrial product exports has been steadily ranked first in the world since 2008, and in recent years it has accounted for nearly 20%. According to customs statistics, China's manufacturing exports have continued to grow for 8 consecutive years, with a growth rate of 7.1% in the first three quarters. Among them, exports of related products from industries such as specialized equipment manufacturing, automobile manufacturing, and instrument manufacturing have maintained double-digit growth. Secondly, the improvement of innovation level has stimulated growth potential. With the accelerated cultivation of new driving forces and advantages in China's manufacturing industry, new technologies and products are emerging in competition. In the first three quarters, China exported high-tech products worth 3.75 trillion yuan, an increase of 11.9%, contributing over 30% to the overall export growth during the same period. Among them, the export of ships and marine engineering equipment increased by 25.5%. Recently, China exported a liquefied natural gas production platform worth nearly 15 billion yuan, with an annual production capacity that can support the gas demand of urban residents with a population of millions. Technological innovation drives brand building. In recent years, the proportion of independent brands in China's exports of electric vehicles, agricultural machinery, and other products has been increasing year by year. In the first three quarters, it reached 59.5% and 40.2% respectively, showing significant improvement compared to the same period in 2024. Thirdly, adapting to market demand has expanded the growth space. More and more enterprises are keeping up with the changing demands of the international market and actively providing personalized and customized solutions for customers. For example, Chinese companies have launched "mobile" split air conditioners that can be flexibly installed for both indoor and outdoor units, adapting to the building and climate characteristics of the European market. This has driven a growth of over 20% in China's air conditioning exports to Europe in the first three quarters. For example, in tropical rainy areas, Chinese companies have developed solar street lights that can track the trajectory of sunlight in real time, greatly improving power generation efficiency. In the first three quarters, China achieved an increase in exports to about 80% of its trading partners, "said Lv Daliang. China's import quantity index increased by 0.6% year-on-year China is the world's second largest import market for goods, and its large market is also a great opportunity for the world. According to Lv Daliang's analysis, in the first three quarters, the decline in prices of some bulk commodities in the international market had a certain impact on the growth rate and data performance of imports. However, in terms of quantity, China's import quantity index increased by 0.6% year-on-year. From the monthly trend, as of September, China's imports have been increasing for four consecutive months. Driven by domestic production and consumption demand, the import volume of crude oil, metal ore, etc. increased by 2.6% and 4.2% respectively in the first three quarters, while the import value of food, tobacco, alcohol, cultural and entertainment products increased by 10.2% and 9.4% respectively. With the implementation of zero restrictions on foreign investment access in the manufacturing sector, imports of foreign-invested enterprises increased by 1.1% in the first three quarters. Looking at China's imports not only depends on the size of the market, but also on the responsibility of China as a major country to actively expand imports. China's opening door is getting wider and wider, sharing the development opportunities of Chinese path to modernization with more and more trade partners. In the first three quarters, China added 135 kinds of agricultural and food products, involving 50 countries and regions. The implementation of 100% tariff free products for the least developed countries that have established diplomatic relations with China has led to a 9.7% increase in imports from these countries. At the same time, China is actively promoting the implementation of zero tariffs on 100% tariff items for 53 African countries that have established diplomatic relations through the signing of economic partnership agreements for common development. The 8th China International Import Expo held in Shanghai in November is not only a platform for showcasing new products, but also a "golden gateway" for multinational enterprises to enter the Chinese market. Lv Daliang stated that currently, exhibits from around the world are being launched one after another, and a series of hardcore technology products such as home companion robots will make their debut. The General Administration of Customs will further optimize customs clearance convenience measures, enhance technological empowerment, innovate regulatory models, and help more global enterprises share the Chinese market. Information source: China Industrial News Network |
