China's foreign trade maintains resilience, with private enterprises becoming the main driving force for growth
Source: Global Times
[Global Times Financial Comprehensive Report] According to data released by the General Administration of Customs, in the first 11 months of 2025, China's total value of goods trade imports and exports reached 41.21 trillion yuan, an increase of 3.6% year-on-year. Among them, exports amounted to 24.46 trillion yuan, up 6.2%; imports amounted to 16.75 trillion yuan, up 0.2%. In November, China's goods trade growth rebounded, with a total value of imports and exports of 3.9 trillion yuan, up 4.1%. Among them, exports amounted to 2.35 trillion yuan, up 5.7%; imports amounted to 1.55 trillion yuan, up 1.7%.
The Brazilian newspaper "Business Value" reported that facing a complex and severe external environment, China's goods imports and exports have maintained strong resilience, and both imports and exports remained generally stable throughout the year; Southeast Asia continued to be China's largest trading partner, with bilateral trade volume increasing by 8.5% to 6.82 trillion yuan, accounting for 16.6% of China's total foreign trade.
The report also mentioned that in the first 11 months, China's foreign trade structure continued to be optimized, with machinery and equipment and electrical and electronic products exports growing by 8.8%, accounting for 60.9% of the total export value. Integrated circuits and automobiles became the main drivers; in particular, private enterprises became the main driving force for foreign trade growth, with import and export values increasing by 7.1% to 23.52 trillion yuan, accounting for 57.1% of the national share.
Original article: toutiao.com/article/1850992033363466/
Statement: This article represents the views of the author.