FILE: China - Exact Location and Date Unknown (CCTV - No access Chinese mainland)
1. Various of car production at factory

Ningbo City, Zhejiang Province, east China - Recent (CCTV - No access Chinese mainland)
2. Aerial shots of new energy vehicles to be exported at bonded zone

Ningbo City, Zhejiang Province, east China - Recent (CCTV - No access Chinese mainland)
3. Various of battery production line; workers
4. Battery pack information

Ningbo City, Zhejiang Province, east China - Recent (CCTV - No access Chinese mainland)
5. Aerial shot of trucks entering, exiting Ningbo Meishan Bonded Free Trade Port Zone
6. Various of trucks, cranes transporting containers

Beijing, China - Nov 14, 2023 (CCTV - No access Chinese mainland)
7. SOUNDBITE (Chinese) Hong Junjie, vice president, University of International Business and Economics:
"The year-on-year growth rate of China's imports and exports in October, and the cumulative growth rate for the first 10 months, both turned positive, signaling a further enhancement of the positive trend in foreign trade. The increased import volume of energy, iron ores, and other major commodities reflected the growing demand from domestic enterprises and also predicts a sustained recovery and upward momentum for the domestic economy."

FILE: Taicang City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
8. Various of iron ore being unloaded at port

Ningbo City, Zhejiang Province, east China - Recent (CCTV - No access Chinese mainland)
9. Aerial shots of vessel at port

China's foreign trade has shown impressive resilience since the beginning of this year, driven by new growth engines that have demonstrated accelerated expansion and a growing accumulation of positive factors that have been boosting stable and healthy development of foreign trade.

In the first three quarters, exports of electric passenger vehicles, solar cells and lithium batteries jumped an impressive 41.7 percent year on year. The sustained double-digit growth over 14 consecutive quarters has established these three burgeoning sectors as vital drivers of foreign trade expansion in China.

In the Ningbo Meishan Bonded Free Trade Port Zone in east China's Zhejiang Province, a batch of new energy vehicles were being prepared for shipment, set to be directly exported overseas via container ships after customs clearance.

Notably, from January to October, the export volume of new energy vehicles through the Ningbo Port witnessed a remarkable year-on-year increase of 76.8 percent.

The driving force from the new growth engines has contributed to the accumulation of positive factors in foreign trade. Imports and exports of China's cross-border e-commerce amounted to about 1.7 trillion yuan (about 232.6 billion U.S. dollars) in the first three quarters, maintaining a fast year-on-year growth pace of 14.4 percent.

Furthermore, there has been a notable upgrade and optimization of the trade structure. From January to October, China's import and export of general trade rose 1.8 percent, accounting for 64.9 percent of the total foreign trade value, up 1.1 percentage points from the same period last year.

Additionally, private enterprises played a crucial role in stabilizing foreign trade, with imports and exports value growing by 6.2 percent to 18.24 trillion yuan (2.5 trillion U.S. dollars) during the January-October period.

"The year-on-year growth rate of China's imports and exports in October, and the cumulative growth rate for the first 10 months, both turned positive, signaling a further enhancement of the positive trend in foreign trade. The increased import volume of energy, iron ores, and other major commodities reflected the growing demand from domestic enterprises and also predicts a sustained recovery and upward momentum for the domestic economy," said Hong Junjie, vice president of China's University of International Business and Economics.