General Administration of Customs: Fundamentals of Exports Remain Unchanged in Q4

Wang Jun, Vice Director-General of the General Administration of Customs, stated at a press conference organized by the State Council Information Office that export volume exceeded 8 trillion yuan for the first time in the third quarter, marking a 22% increase. Exports continue to grow robustly, primarily driven by China's comprehensive industrial chain system, the continuous development and strengthening of advanced manufacturing, and significantly enhanced innovation, competitiveness, and overall strength, enabling precise, rapid, and effective responses to global production and consumption demands while providing high-quality, stable supply. Regarding export prospects for the fourth quarter, Wang believes that the current fundamentals of exports have not changed. China will accelerate the construction of a modern industrial system anchored by advanced manufacturing, offering a wider range of choices for trade partners and global consumers through Chinese manufacturing that is both 'top-tier' and 'grounded'.