On November 7, the General Administration of Customs released China's foreign trade import and export data for the first 10 months. According to customs statistics, in the first 10 months of this year, China's total import and export value was 31.67 trillion yuan, a year-on-year increase of 22.2% and 23.4% over the same period in 2019. Li Kuiwen, director of the statistical analysis department of the General Administration of customs, said that since this year, China has coordinated epidemic prevention and control and economic and social development, the domestic economy has continued to recover, and foreign trade has maintained a double-digit year-on-year growth. Compared with the same period in 2019, the growth rate of import and export in the first 10 months of this year has also exceeded 20%, which fully reflects the vitality and toughness of China's foreign trade development. In the first October, there were many bright spots in foreign trade import and export. From the perspective of trade mode, the import and export of general trade increased and the proportion increased. In the first 10 months, China's general trade import and export reached 19.54 trillion yuan, a year-on-year increase of 25.1%, accounting for 61.7% of China's total foreign trade, an increase of 1.4 percentage points over the same period last year. In the same period, the import and export of processing trade was 6.81 trillion yuan, an increase of 11.9%, accounting for 21.5%, down 2 percentage points. In addition, China's import and export by bonded logistics amounted to 3.96 trillion yuan, an increase of 27.9%. From the perspective of trading partners, imports and exports to major trading partners such as ASEAN, the European Union and the United States increased. In the first 10 months, ASEAN was China's largest trading partner. The total trade value between China and ASEAN was 4.55 trillion yuan, an increase of 20.4%, accounting for 14.4% of China's total foreign trade value; The EU is China's second largest trading partner, with a total trade value of 4.34 trillion yuan, an increase of 20.4%, accounting for 13.7%; The United States is China's third largest trading partner. The total value of China US trade was 3.95 trillion yuan, an increase of 23.4%, accounting for 12.5%. Over the same period one country, one belt, one road, has increased 9 trillion and 300 billion yuan in imports and exports, an increase of 23%. From the perspective of market players, the import and export growth rate of private enterprises is the fastest and the proportion increases. In the first 10 months, the import and export of private enterprises reached 15.31 trillion yuan, an increase of 28.1%, accounting for 48.3% of China's total foreign trade, an increase of 2.2 percentage points over the same period last year. Among them, the export was 10.02 trillion yuan, an increase of 27%, accounting for 57.3% of the total export value; Imports reached 5.29 trillion yuan, an increase of 30.2%, accounting for 37.3% of the total import value. In addition, in terms of product structure, the exports of mechanical and electrical products and labor-intensive products increased. In the first 10 months, China exported 10.3 trillion yuan of mechanical and electrical products, an increase of 22.4%, accounting for 58.9% of the total export value. Over the same period, the export of labor-intensive products reached 3.2 trillion yuan, an increase of 10%, accounting for 18.3%. The person in charge of the foreign trade department of the Ministry of Commerce previously said that the Ministry of Commerce will timely promote the introduction of targeted policies and measures, do a good job in cross cycle adjustment, solve difficulties for enterprises, stabilize reasonable expectations, maintain the operation of foreign trade within a reasonable range, promote the high-quality development of trade and serve to build a new development pattern. (outlook new era)