General

Since late August, CCPIT has continued to carry out quarterly foreign trade situation research, distributed questionnaires to international trade enterprises across the country, and formed the third quarter foreign trade situation research report. The report shows that ASEAN has become the largest source market of China's international trade orders in the third quarter of this year.

The report shows that the top three markets for new orders of foreign trade enterprises in the third quarter were ASEAN, the European Union and the United States, accounting for 30.60%, 30.55% and 25.29% respectively.

Sun Xiao, spokesman of the China Council for the Promotion of International Trade: In the third quarter of this year, in the face of the complex and severe foreign trade development environment, China effectively coordinated epidemic prevention and control and economic and social development, continued to introduce a series of policies to stabilize foreign trade, promoted the stability of the overall foreign trade market, expanded advantages and increased vitality, and foreign trade showed a continuous positive trend.

The survey showed that the export volume and profit of China's foreign trade enterprises in international trade in the third quarter were both good. 22.69% of enterprises' trade volume rose month on month, and 19.52% of enterprises' profits rose month on month; The export profits of high value-added industries increased significantly. The foreign trade of industries such as railway, ship, aviation and aerospace transportation equipment, paper making and paper products, special equipment manufacturing, and automobile has sufficient growth momentum. 40%, 39.29%, 35%, and 28.28% of the interviewed enterprises have achieved a month on month increase in export profits; More than 50% of the enterprises did not reduce their new orders. 22.89% of the enterprises surveyed said that their new orders increased in the third quarter on a month on month basis, while 33.35% of the enterprises surveyed said that their new orders were flat on a month on month basis.

Sun Xiao, spokesman of CCPIT: Large and medium-sized enterprises are more optimistic about the international trade situation throughout the year. Although the expectation of small and micro enterprises is weak, it has improved compared with the second quarter.

In the third quarter, confidence in the development of international trade enterprises gradually recovered. According to the survey, 45.10% of the foreign trade enterprises interviewed said that their confidence in foreign trade development gradually recovered in the third quarter; 30.31% of the foreign trade enterprises interviewed are expected to achieve year-on-year growth in annual trade volume.