Unspeakable "Happiness" Of Import And Export Data In November

A series of macroeconomic data is expected to be released this week.

The National Bureau of statistics issued a circular in December 8th, which will release the main indicators of the national economy in December 11th.

According to convention, import and export trade data will also be released at 10 o'clock in November.

A number of agencies said to the first Financial Daily reporter, Christmas in Europe and America.

Before October, the scale of foreign trade exceeded last year.

According to the survey of "first financial chief economist", November

Customs statistics show that import and export value was 244 billion 810 million US dollars in October, an increase of 24%.

among

According to the Bank of communications report, from the trend, the year-on-year growth rate in October has continued since May, and the total export volume has remained above the average level since this year.

But judging from the volatility of the past years, the total volume of November will rise compared with October. Based on the data of last year's base period, the growth rate of exports in November will be stable.

Lu Zheng commissar, chief economist of Industrial Bank, told reporters that for export, on the one hand, container pport data showed slowing demand.

11 in the first half of the month, China's export container freight index declined for three consecutive weeks, with a cumulative rate of 3.23%.

But he pointed out that considering the correlation between exports and working days, the working day was more than last month.

Based on the above two factors, the export growth rate is 26.1%~30.1% in the month and 28.1% in the month, up 5.2 percentage points from the previous month.

Gao Hua Securities related reports show that PMI's new export orders index and Goldman Sachs Global leading indicator (GLI) have improved in recent months, indicating that the external demand is improving.

In fact, from 1 to October, the total value of China's imports and exports was US $2 trillion and 393 billion 410 million, an increase of 36.3% over the same period last year (the same below), and the scale of import and export has exceeded the level of last year.

Expansion of import or export policy

Next year is the opening year of 12th Five-Year. A person close to the business system pointed out to reporters that the "12th Five-Year" plan for foreign trade has not yet been finalized, but some of the main outlines have been fixed and started to implement, including some policy keynotes such as "actively expanding imports", "maintaining trade balance", "pformation and upgrading", and "promoting the gradient pfer of processing trade".

Another source pointed out to reporters that the external environment is expected to continue to be tight during the "12th Five-Year" period, which is mainly manifested in trade frictions with major trading partners and some western countries represented by the United States continue to exert pressure on the RMB exchange rate.

Previously, this newspaper has reported that the "adjustment of structure" and "accelerating the pformation of foreign trade development mode" in the "12th Five-Year plan" of foreign trade will be the key word.

Regarding this, Zhao Zhongxiu, Dean of the Institute of international trade of the University of foreign trade and economics, told reporters that he thought the tone was very good but not too hasty.

In fact, the discussion on changing the mode of foreign trade development has been going on. "The focus of the debate on the balance of foreign trade is whether we should restrict exports or whether we should balance our exports by actively balancing our exports at the same time."

He said that this controversy seems to have reached a consensus: expanding imports.