In the first 11 months of 2023, the total value of China's imports and exports was nearly 38 trillion, a year-on-year increase of 12%。This data shows the steady growth trend of China's foreign trade.
According to the data released by the General Administration of Customs, in November this year, the total import and export value of China's goods reached 37 trillion yuan, an increase of 1 percent year-on-year2%。This figure shows that the development of China's foreign trade is stable and improving, and this trend is being further consolidated.
If we observe the trend of year-on-year caliber, we can find that in the first 11 months of this year, the total import and export value of China's goods reached 3796 trillion yuan, basically the same as the same period last year. Of these, the total export value was 216 trillion yuan, an increase of 03%；The total value of imports was 1636 trillion yuan, down 05%。And in the month of November, the total value of imports and exports reached 37 trillion yuan, an increase of 1 percent year-on-year2%。The total export value is 21 trillion yuan, an increase of 17%；The total value of imports is 16 trillion yuan, an increase of 06%。
From the perspective of the quarter-on-quarter perspective, in the fourth quarter, the positive factors of China's foreign trade development continued to increase, with import and export increasing year-on-year for two consecutive months, and the development trend of stability and improvement continued to consolidate. This shows that China's surplus is also continuing to expand, in the first 11 months of this year, China's surplus reached 524 trillion yuan, an expansion of 28%。
Looking forward to the future, China's foreign affairs will continue to maintain a steady growth trend. With the gradual recovery of the global economy, the market demand will gradually pick up, which will bring more opportunities for China's exports. At the same time, China is also actively promoting the optimization and upgrading of the foreign trade structure and improving the quality and efficiency of foreign trade. In addition, China will also strengthen economic and trade cooperation with other countries to promote stable global growth.
In general, the development of China's foreign trade has shown a steady and positive trend, and will continue to maintain stable growth in the future. This will also bring more opportunities and impetus to China's economic development.
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