In 2020，China’s foreign trade will show a “V-shaped” trend as a whole，which reflects the continuous optimization of the structure of import and export commodities，the more diversified international market layout，the increasing activity of new foreign trade formats，and the steady increase in international market share. Moreover，Sino-US trade friction and the new covid-19 epidemic，has not changed the product mix of Chinese exports to the US. However，Chinese machinery and transport equipment，miscellaneous manufactured goods exports to the US accounted for US market share in a declining trend needs attention. Taking into account external production，consumption has been restored，China’s internal economic situation has improved，is expected China foreign trade will achieve more than 6% growth in 2021. In order to consolidate the steady and positive trend of China’s foreign trade，it is recommended to continue to optimize the layout of opening up，focus on accelerating the construction of a strong trade nation，and actively expand the opening up of the service industry on the basis of effectively protecting the foreign trade market entities.