According to the National Bureau of Statistics, in October, the total value of goods imports and exports amounted to RMB3.7028 trillion, representing a year-on-year increase of 0.1%. Of this, exports totaled RMB 2.1716 trillion , down 0.8%, while imports reached RMB 1.5311 trillion , up 1.4%.
From January to October, total goods imports and exports reached RMB 37.309 trillion, up 3.6% year-on-year. Exports amounted to RMB 22.1146 trillion, rising 6.2%, while imports totaled RMB 15.1944 trillion, remaining flat year-on-year. During this period, general trade imports and exports grew by 2.3%, accounting for 63.4% of total imports and exports.
Trade with countries participating in the Belt and Road Initiative increased by 5.9%. Private enterprises' imports and exports grew by 7.2%, accounting for 57.0% of total imports and exports, an increase of 1.9 percentage points over the same period last year. Exports of mechanical and electrical products grew by 8.7%, accounting for 60.7% of total exports.
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