General Administration of Customs: China's Storage Component Imports Surge 1.5-Fold in First Three Quarters

Wang Jun, Vice Director-General of the General Administration of Customs, stated at a press conference organized by the State Council Information Office that import growth accelerated significantly in the first three quarters, driven by stable economic operations, the continued release of China's ultra-large-scale market potential, the ongoing development of advanced manufacturing, and strong demand for key components and other intermediate goods. During this period, imports of storage components rose 1.5 times, integrated circuits increased by 56.6%, and aircraft parts grew by 17.6%.