China's foreign trade remains robust in early 2023

China's foreign trade maintained strong momentum during the first nine months of 2026, recording rapid growth in both exports and imports, and the highest quarterly growth rate in five years. The total imports and exports increased by 18.8% year-on-year, reaching approximately 39.94 trillion yuan (about $5.94 trillion), with exports rising by 16.4% and imports by 22.3%. In September, trade exceeded 5.16 trillion yuan, marking a 27.5% year-on-year growth, reflecting ongoing expansion and robust performance with over 180 countries and trading partners. Notably, trade with countries engaged in free trade agreements grew by 30%. The export growth was primarily driven by the manufacturing equipment sector, supported by international supply chains.

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