A Customs vice minister stated that foreign trade has managed external shocks and maintained momentum through the first nine months of the year. However, the official warned that geopolitical conflicts and global uncertainties cloud the outlook for the remainder of the year, noting that future steady expansion depends on foundations and support established in the fourth quarter.
Tuesday, October 20, 2026
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China September Trade Tops CNY 5 Trillion for First Time
Global Markets7 days ago
Yuan-denominated exports climbed 29.6% year-on-year to CNY 3.03 trillion in September, driving total goods trade to CNY 5.16 trillion for the month. Imports rose 24.6% to CNY 2.13 trillion, while total trade grew by 27.5% YoY. Shipments of integrated circuits jumped 99.1% during the first three quarters, with electric vehicles, lithium batteries, and wind turbines and parts rising by 72.3%, 36.4%, and 22.4% respectively. The equipment-manufacturing sector drove nearly 90% of this export expansion, and intermediate goods now account for more than half of total export value.
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