China's Goods Trade Grows 18.8% Year-on-Year in First Three Quarters, Maintaining Double-Digit Growth for Six Consecutive Months

Since the start of the year, China's economy has maintained overall stability and a trend of development towards innovation and quality. High-quality foreign trade development and the construction of a trade powerhouse continue to advance, with rapid growth in imports and exports and simultaneous improvements in volume and quality. According to customs statistics, total goods trade for China reached 39.94 trillion yuan in the first three quarters of this year, up 18.8% year-on-year. Exports totaled 23.2 trillion yuan, a 16.4% increase, while imports reached 16.74 trillion yuan, up 22.3%.