China's economic recovery has led to a significant impact on the trade of surrounding regions. The trade statistics report released by Japan's Ministry of Finance on the 18th showed that driven by factors such as the continued expansion of exports to China, the year-on-year decline of Japan's exports in October narrowed to 0.2% , which is close to the same period last year.
the report shows that in October, due to the sharp year-on-year decline in exports of fossil fuels, ships and steel, Japan's exports fell to 6.5661 trillion yen (about 104 yen per dollar), a year-on-year decline for 23 consecutive months. However, the decline was significantly reduced and continued to show signs of recovery.at the same time, due to the significant decline in imports of crude oil, liquefied natural gas, aircraft and other products, Japan's imports fell by 13.3% year-on-year in October. Japan's trade surplus increased to 872.9 billion yen that month.
in terms of countries and regions, due to the sustained and stable recovery of China's economy, Japan's exports to China increased by 10.2% year-on-year and maintained positive growth for four consecutive months; the overall export growth rate to Asia, including China, changed from negative to positive, with a year-on-year increase of 4.4%.
the 13th five year plan" During this period, China has actively expanded opening-up, continuously optimized the port business environment, and constantly cultivated new advantages in the development of foreign trade. Over the past five years, the total import and export value of foreign trade has increased by 6.5% annually, and the position of the largest country in goods trade has been further consolidated
under the impact of the epidemic this year, China's import and export in the first 10 months increased by 1.1% year-on-year, which is better than the growth of Global trade. In the later stage, although some European and American countries are facing the rising impact of the second impact of the epidemic, and the growth of foreign trade may face uncertainty, Chinese enterprises resume work and production, and the recovery of production and operation will remain in good condition. Even if the international situation is uncertain, China's import and export trade will still be better than the overall situation of the world
under the impact of the epidemic this year, the global trade in goods has declined. However, from the situation of China, the import and export in the first 10 months increased by 1.1% year-on-year, which is better than the growth of Global trade. This fully reflects China's relatively large foreign trade potential and sufficient toughness
specifically, the reason why China's import and export situation is better than expected as a whole is closely related to the foreign trade situation this year. Fu Linghui said that the impact of the epidemic has an adverse impact on global demand, but at the same time, there are also some demands, especially the demand for epidemic prevention materials is increasing
first, the demand for epidemic prevention materials such as masks and medical equipment has increased significantly; Second, the demand for home office and home life is increasing; Third, the epidemic has also had some important effects on supply, adversely affecting the production and supply links of some countries
in the first 10 months, the export of textiles including masks exceeded 900 billion yuan, with a year-on-year increase of more than 30%, and the growth of medical devices maintained a high-speed development
driven by the"home economy", the export of relevant household appliances, laptops and mobile office equipment has increased significantly. In the case of global supply interruption, China's foreign orders are transferring to China, supporting export growth. This factor plays a very strong driving role in the development of China's foreign trade
although some European and American countries are facing the rising impact of the second impact of the epidemic, and the growth of foreign trade may face uncertainty, on the whole, the results of epidemic prevention and control in China are relatively obvious. Enterprises resume work and production, and production and operation resume in good condition. Even if the international situation is uncertain, China's import and export trade will still be better than the overall situation of the world