Economic Daily - China Economic Net, Beijing, December 7 (reporter Gu Yang) thanks to major strategic achievements in coordinating epidemic prevention and control and economic and social development, China's foreign trade has continued to stabilize and improve and achieved positive year-on-year growth for six consecutive months.
according to the data released by the General Administration of Customs on the 7th, China's foreign trade import and export in November was 3.09 trillion yuan, an increase of 7.8% year-on-year. Among them, the export was 1.8 trillion yuan, an increase of 14.9%; the import was 1.29 trillion yuan, a decrease of 0.8%; the trade surplus was 507.1 billion yuan, an increase of 92.6%.
in the first 11 months of this year, the total import and export value of China's goods trade was 29.04 trillion yuan, an increase of 1.8% year-on-year. Among them, the export was 16.13 trillion yuan, an increase of 3.7%; the import was 12.91 trillion yuan, a decrease of 0.5%; the trade surplus was 3.22 trillion yuan, an increase of 24.6%.
"The strong performance of China's foreign trade in November indicates that the momentum of economic recovery in the fourth quarter is expected to be further enhanced, especially the rapid growth of exports, indicating that the release of domestic production capacity is accelerating, coupled with the continued expansion of foreign demand, there should be no great suspense about the positive growth of foreign trade throughout the year." Said Xu Deshun, a researcher at the Institute of international trade and economic cooperation of the Ministry of Commerce
while the scale of foreign trade continues to expand, the structure of foreign trade is also constantly optimized, and the toughness and vitality of China's foreign trade development are further enhanced. Data show that in the first 11 months, China's general trade import and export reached 17.39 trillion yuan, an increase of 3.2%, accounting for 59.9% of China's total foreign trade, an increase of 0.8 percentage points over the same period last year. In the same period, the import and export of processing trade reached 6.89 trillion yuan, down 4.8%
as the largest market subject of China's foreign trade, private enterprises actively explore new markets while consolidating the traditional market, realize the double increase of import and export growth and proportion, and become the most active force in the field of China's foreign trade. In the first 11 months, the import and export of private enterprises reached 13.47 trillion yuan, an increase of 11.3%, accounting for 46.4% of China's total foreign trade, an increase of 4 percentage points over the same period last year
since this year, China has continuously expanded its opening to the outside world, maintained and expanded its circle of friends for economic and trade cooperation, deepened multilateral, bilateral and regional cooperation, and achieved fruitful results. The foreign trade pattern of close regional cooperation and diversified trade is accelerating. In the first 11 months, China's imports and exports to ASEAN, the European Union, the United States, Japan, South Korea and other top five trading partners increased. Among them, ASEAN is China's largest trading partner, with a total trade value of 4.24 trillion yuan, accounting for 14.6% of China's total foreign trade value. Over the same period, China's imports and exports to countries along the "the Belt and Road" totaled 8.45 trillion yuan, an increase of 1.2% year-on-year, becoming a new growth point of China's foreign trade
<span bdsfid="77"class="bjh-p> in particular, the smooth signing of the regional comprehensive economic partnership agreement (RCEP) has not only effectively boosted the confidence of all parties in economic growth, but also provided assistance for China to build a new open economic system in the new era and form a new development pattern dominated by domestic circulation and mutually promoted by domestic and international circulation." Li Kuiwen, spokesman of the General Administration of customs and director of the statistical analysis department, said
it is noteworthy that, although China's foreign trade continues to stabilize and improve, the COVID-19 epidemic is still spreading around the world, international demand is generally weak, trade protectionism is on the rise, and China's foreign trade development is still facing many uncertain and unstable factors. It is still necessary to take effective measures to promote the quality and efficiency of foreign trade