The total import and export volume in September was 5162.8 billion yuan, an increase of 27.5% over the previous year. Of this, exports amounted to 3034.4 billion yuan. Zhang Jingjing, macro chief of China Merchants Securities R&D Center, said in this regard that this is mainly due to the renewed acceleration of automobile exports, more extensive improvements in traditional consumer goods, and volume growth has begun to provide more support, indicating that the improvement in export demand has begun to spread to some traditional consumer goods. She predicts that considering the continuation of global AI investment demand, the expansion in the number of automobile exports, and the expansion of the scope of improvements in traditional consumer goods, it is reasonable to raise the annual export growth benchmark to around 19%.

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