According to data released by the General Administration of Customs on the 7th, China's total import and export value reached 34.62 trillion yuan in the first 10 months of this year, up 9.5% year on year. In October, the total value of China's imports and exports was US $511.59 billion, down 0.4% year on year. Although the growth rate of imports and exports fluctuated in October, the overall operation of China's foreign trade was healthy and stable. European enterprises have imported a large number of products from China some time ago and are currently in the process of de stocking. The energy crisis and supply chain crisis caused by the conflict between Russia and Ukraine continued to ferment, which also brought difficulties to the operation of many European enterprises, which was the main reason for the fluctuation of China's foreign trade orders in October. However, it should also be noted that the inventory of European enterprises is being rapidly digested. The impact of relevant factors on China's foreign trade as a whole is both natural and short-term. In the future, the global demand for Made in China will only become higher and higher. In the fourth quarter of this year, China's foreign trade, especially its exports, will still maintain a double-digit growth, and there will be a "tail raising" at the end of the year. The author is optimistic about the trend of foreign trade next year for five reasons. First, China's foreign trade is less and less affected by external market fluctuations or geopolitical factors. In the first 10 months of this year, China's general trade import and export amounted to 22.09 trillion yuan, an increase of 13.3%, accounting for 63.8% of China's total foreign trade, an increase of 2.1 percentage points over the same period last year. This is a phenomenon that has never occurred since the reform and opening up, which shows that China's construction of a new development pattern with the domestic big cycle as the main body and the domestic and international double cycles promoting each other is reflected in foreign trade. Under the condition that the structure of trade mode continues to optimize, and general trade accounts for half of foreign trade, the situation that some external public opinions mentioned that China's foreign trade growth will not be slowed down due to weakening external demand will not occur. Second, private enterprises have become an important force to promote the development of China's foreign trade. In the first 10 months of this year, there were 484800 private enterprises with import and export performance nationwide, up 7.4% year on year. The total import and export value of private enterprises accounted for more than half of the total, and the growth rate of import and export was 4.9 percentage points higher than the overall growth rate of national foreign trade. Private enterprises are the capillaries of the supply chain of the industrial chain, and are the cells full of vitality in the national economy. They are in the front line of production, give full play to the advantages of good turnaround, deal directly with overseas customers, and timely understand external needs. Nearly 500000 private enterprises rely on the 21st Century Maritime Silk Road on the sea, China Europe trains on the land, and foreign trade charter flights in the air, ensuring the stability of the industrial chain supply chain. Third, the export of high-tech trade products and mechanical and electrical products takes the lead. The positive aspects of transformation and upgrading of foreign trade production continued to be reflected, and the competitiveness of foreign trade products was enhanced. In the first 10 months of this year, the export of high-tech products reached 5.26 trillion yuan, up 4.8% year on year. The export of mechanical and electrical products was 11.25 trillion yuan, up 9.6%. With the improvement of industrial technology, China's export commodities show a trend of structural optimization, quality improvement and high added value. This is not a "cotton" and "straw" framework, but a "steel steel" framework. Of course, including bags, shoes, toys, small household appliances, bedding