according to the data released by the General Administration of Customs on August 7, China's total import and export value in the first seven months was 21.34 trillion yuan, a year-on-year increase of 24.5%, 22.3% over the same period in 2019. Among them, the export was 11.66 trillion yuan, a year-on-year increase of 24.5%; the import was 9.68 trillion yuan, a year-on-year increase of 24.4%.
" in July, China's foreign trade continued to maintain a good development trend, and the total import and export value achieved year-on-year positive growth for the 14th consecutive month." Li Kuiwen, director of the statistical analysis department of the General Administration of customs, said that in July, China's total import and export value was 3.27 trillion yuan, an increase of 11.5% year-on-year and 18.8% over the same period in 2019
under the joint action of multiple factors such as global supply and demand, China's foreign trade has achieved sustained and rapid growth since this year. On the one hand, the gradual recovery of the global economy has boosted the demand for international trade and formed a strong support for China's exports; On the other hand, China's sustained and stable economic recovery has also driven the rapid growth of imports. Overall, the current steady growth trend of China's foreign trade has been further consolidated
the data show that the import and export growth rate of China's private enterprises is the fastest, and the proportion is further increased. In the first July, the import and export of private enterprises reached 10.23 trillion yuan, a year-on-year increase of 31%, accounting for 47.9% of China's total foreign trade, an increase of 2.4 percentage points over the same period last year. In terms of trading partners, China's imports and exports to ASEAN, the European Union, the United States and Japan were 3.12 trillion yuan, 2.96 trillion yuan, 2.62 trillion yuan and 1.37 trillion yuan respectively, with a year-on-year increase of 24.6%, 23.4%, 28.9% and 12.6% respectively. Among them, ASEAN is China's largest trading partner, accounting for 14.6% of China's total foreign trade
from the perspective of product structure, the exports of mechanical and electrical products and labor-intensive products increased. Among them, the export of mechanical and electrical products increased by 25.5%, accounting for 59% of the total export value. The export of automatic data processing equipment and its parts, mobile phones, automobiles and other products has a good market performance
it is noteworthy that the total import and export value of China's general trade reached 13.21 trillion yuan in the first July, with a year-on-year increase of 27.6%. The proportion of trade increased by 1.5 percentage points compared with the same period last year, while the proportion of processing trade decreased by 2 percentage points
in terms of import, the import of bulk commodities has increased and decreased in quantity and price. Among them, the import volume of iron ore, crude oil, coal and other commodities decreased, the import volume of natural gas increased and the price fell, and the import volume and price of soybeans increased simultaneously
from the perspective of market analysis, the recovery of external demand and the steady improvement of domestic economy are expected to continue to provide strong support for the stable growth of foreign trade. A recent survey by the Ministry of Commerce shows that about 40% of foreign trade enterprises have signed new export orders with a year-on-year increase
<span bdsfid="93"class="bjh-p> <however, with the gradual increase of the base in the same period last year, the growth rate of foreign trade in the second half of the year will drop, and the development of foreign trade in the future will still face many uncertain and unstable factors."li kuiwen said that at present, the ups and downs of the global epidemic, the slow recovery of the world economy, coupled with the high prices of raw materials and poor shipping logistics, have squeezed the profit space of foreign trade enterprises and affected the willingness of enterprises to receive orders
in view of the possible adverse factors such as exchange rate fluctuations and increased labor costs in the second half of the year, Li Xingqian, director of the foreign trade department of the Ministry of Commerce, said that the Ministry of Commerce would further improve the trade policy toolbox, optimize the business environment and reduce enterprise costs, Support the stable production of various market entities, especially small, medium-sized and micro foreign trade enterprises