Macroeconomic Regulation Was Effective. In August, I Had A Trade Surplus Of US $24 Billion 980 Million.

Since June this year, the state has continuously adjusted its foreign trade policy by means of levying export tariffs, canceling or lowering export tax rebates, expanding the list of restricted products such as processing trade.

With the implementation of the policy, China's export growth began to decline in the month of August, and the growth rate of imports increased steadily. The effect of macroeconomic regulation and control measures in the field of foreign trade began to appear.

The General Administration of Customs issued 11 days of China's foreign trade import and export in the first 8 months of this year.

According to customs statistics, in the 1-8 months of this year, China's foreign trade import and export value was US $1 trillion and 369 billion 710 million, an increase of 24% over the same period last year, of which US $765 billion 730 million was exported, an increase of 27.7%, a 0.9 percentage point slower than that in 1-7 months, and imports of 603 billion 980 million US dollars, an increase of 19.6%, an increase of 0.1 percentage points over that of 1-7 months.

In August, China's foreign trade import and export value was 197 billion 740 million US dollars, an increase of 21.6%.

In the same month, exports amounted to 111 billion 360 million US dollars, an increase of 22.7%, and the total value of exports in the single month was a record high. However, the growth rate slowed down 5.9 percentage points over the 1-7 months, a 11.5 percentage point drop from July, and imports of 86 billion 380 million US dollars, an increase of 20.1% over the same month.

The trade surplus in August was $24 billion 980 million, an increase of 32.8%, a 48.1 percentage point reduction over 1-7 months.

Before August, the total import and export value was $1 trillion and 370 billion.

According to customs statistics, China's general trade import growth is accelerating now, and the growth rate of imports of processing trade has picked up.

In 1-8 months, China's general trade import and export amounted to US $616 billion 650 million, an increase of 29.4%.

Among them, exports of US $345 billion 850 million, an increase of 33%, slowed down 1.7 percentage points over 1-7 months, and imports of US $270 billion 800 million, an increase of 25.2%, an increase of 0.2 percentage points over that of 1-7 months.

In the month of August, China's general trade import and export amounted to US $88 billion 500 million, an increase of 24.7%.

Among them, exports of US $50 billion, an increase of 23.5%, slowed down 11.2 percentage points over 1-7 months, and imports of US $38 billion 500 million, an increase of 26.3%, an increase of 1.3 points over 1-7 months.

Over the same period, China's processing trade imports and exports reached 612 billion 840 million US dollars, an increase of 18.5%.

Among them, processing trade exports amounted to 382 billion 30 million US dollars, an increase of 21.6%, slowing down 0.3 percentage points over 1-7 months, and imports of 230 billion 810 million US dollars, an increase of 13.8%, an increase of 0.5 percentage points over that of 1-7 months.

In the month of August, China's processing trade imports and exports reached 89 billion US dollars, an increase of 18.8%.

Among them, exports of US $55 billion 290 million, an increase of 20.3%, slowed down 1.6 percentage points over 1-7 months, and imports of US $33 billion 710 million, an increase of 16.5%, an increase of 3.2 percentage points over that of 1-7 months.

Customs statistics show that the import and export value of my former 6 largest trading partners exceeds 100 billion US dollars.

In 1-8 months, the EU is China's largest trading partner, and bilateral trade between China and Europe totaled 223 billion 340 million US dollars, an increase of 28.2%.

The United States is the second largest trading partner with a bilateral trade value of US $193 billion 930 million, an increase of 16.4%.

Japan is the third largest trading partner of our country, with a bilateral trade value of US $150 billion 200 million, an increase of 14.5%.

In addition, 1-8 month trading partners of more than 100 billion US dollars have ASEAN, Hongkong and South Korea. The total trade value of bilateral trade is 127 billion 950 million US dollars, 123 billion 370 million US dollars and 101 billion 180 million US dollars respectively, increasing by 26.8%, 22.5% and 19.4% respectively.

According to the data provided by the customs, the growth rate of foreign trade in Guangdong, Jiangsu, Shanghai and other provinces is basically the same.

In 1-8 months, the growth rate of foreign trade in Guangdong, Jiangsu, Shanghai and other provinces was over 20%, and the growth rate was basically the same.

The total import and export value of Guangdong province was 397 billion 400 million US dollars, an increase of 22.3%, accounting for 29% of the total import and export value of the same period.

Over the same period, the total value of imports and exports of Jiangsu and Shanghai was 220 billion 260 million US dollars and 179 billion 60 million US dollars respectively, up 24.1% and 24.2% respectively, accounting for 16.1% and 13.1% of the total import and export value of the same period respectively.

The total import and export value of the 3 provinces and cities totaled 796 billion 720 million US dollars, accounting for 58.2% of the total import and export value of the same period.

In export commodities, the growth rate of exports of resource products and traditional commodities in general slowed down in August.

According to customs statistics, in 1-8 months, China's mechanical and electrical products exported 431 billion 500 million US dollars, an increase of 28.2%, slowing down 0.2 percentage points compared to 1-7 months, accounting for 56.4% of the total export value of the same period.

Among them, the export of electrical and electronic products was 180 billion 690 million US dollars, an increase of 31.8%, and the export of machinery and equipment was US $142 billion 970 million, an increase of 24.1%.

The export of high-tech products was 211 billion 450 million US dollars, an increase of 24.8%.

Over the same period, the export growth of traditional commodities has slowed down a lot.

Among them, clothing and clothing accessories exported $73 billion 110 million, an increase of 22.3%, a 0.7 percentage point slower than 1-7 months; footwear 16 billion 990 million dollars, an increase of 18%, slower than 1-7 months 0.5 percentage points.

In addition, the export growth of China's resource products in August decreased significantly.

In 1-8 months, China exported 45 million 80 thousand tons of steel, an increase of 83.9%, but in August it exported 5 million 380 thousand tons, an increase of 39.4%, an increase of 52.8 percentage points lower than that in 1-7 months, 2 million 180 thousand tons of crude oil exports, a decrease of 47.3%, and an export of 300 thousand tons in August, a decrease of 58.9% percent, an increase of less than 0% in the month of July.

In the import commodities, imports of primary products increased rapidly, and the import of mechanical and electrical products increased steadily.

According to customs statistics, in 1-8 months, China imported 152 billion 10 million yuan of primary products, an increase of 22.8%, accounting for 25.2% of China's total imports over the same period.

Over the same period, imports of manufactured goods accounted for 451 billion 970 million US dollars, an increase of 18.6%, accounting for 74.8% of China's total imports over the same period.

Of which, imports and exports of mechanical and electrical products amounted to 312 billion 40 million US dollars, an increase of 16.1%.

In addition, imports of 12 million 710 thousand tons of plastic with primary shape increased by 6.5%, imports of 1 million 913 thousand tons of UN forged copper and copper increased by 42.7%, steel imports of 11 million 550 thousand tons, down by 8.1%, and automobile imports 195 thousand, an increase of 34.3%.