Tao Kuangchun, chairman of KPMG China and the Asia Pacific region, an internationally renowned accounting firm, said in a written interview with Xinhua News Agency recently that with the effect of macro support policies gradually emerging, China's GDP in the third quarter increased by 3.9% year-on-year, demonstrating the resilience of China's economy. He said that in the context of the dual impact of geopolitics and epidemic on global trade, China's foreign trade situation in the first three quarters remained stable and its exports remained resilient. Tao Kuangchun said that as major western economies accelerated to tighten monetary policy to combat inflation, global economic growth slowed down, and the external environment brought challenges to export and other industries. He believed that China's exports to ASEAN have maintained a high profile in the near future, and economic and trade cooperation in Asia is expected to further expand in the future. He said that the continuous improvement of China's business environment, especially that related to cross-border trade, contributed greatly to the growth of China's foreign trade. From high-speed development to high-quality development, China has promoted high-level opening up, and is making continuous efforts as a runner, attracting global attention. Referring to China's contribution to maintaining economic globalization and the global industrial chain, Tao Kuangchun said that under the background of adverse economic globalization, complex and volatile international political and economic situations, and repeated global epidemics, China has always adhered to opening up, continued to contribute positive energy to the world economy with its own sustained and steady economic development, and created more development opportunities for countries around the world. He said that China's maintenance of the resilience and stability of the global industrial chain supply chain is not only reflected in "ordinary times", but also in "critical times". In particular, since the outbreak of the COVID-19, many overseas ports have been congested and containers are in short supply, which has led to difficult and expensive shipments for foreign trade enterprises and caused heavy losses to the global shipping industry. However, Chinese ports have overcome challenges, maintained stability and smoothness, and contributed valuable strength to maintaining the global industrial chain supply chain. (Liu Xinshe)