The Annual Growth Rate Of China'S Processing Trade Import And Export Slowed To 0.7%

According to the data from the General Administration of Customs of China, the total import and export value of the mainland in the first three quarters rose by 7.7% year on year to US $3.06 trillion. Among them, the import and export of general trade grew steadily, up 7.8% year on year to US $1.6162 trillion, accounting for 52.8% of the total foreign trade value. During the period, the import and export of processing trade slowed down to 0.7% on an annual basis, reaching US $989.43 billion, accounting for 32.3% of the total foreign trade value.

In the first three quarters, the export of mechanical and electrical products grew steadily, up 8% year on year to 922.99 billion US dollars, accounting for 57.2% of the total export value (1.61 trillion US dollars);

　　 spin clothing The export of seven major categories of labor-intensive products has maintained a good momentum, with the total export value rising by 10.4% to 338.05 billion US dollars annually, 8% higher than China's total export over the same period.

In addition, the volume of major energy and resource products increased and the price decreased in the first three quarters, and the overall price of imported goods fell 1.8% year on year during the period;

The import of iron ore increased by 9% to 600 million tons annually, and the average import price fell by 4.2% to US $129.1 per ton; Imported coal increased by 17.6% to 240 million tons annually, and the average import price fell by 14.2% to 90.3 US dollars per ton; Imported crude oil increased by 5.4% to 210 million tons annually, and the average import price fell by 5.1% to 775.4 US dollars per ton; Copper imports fell 10% to 3.258 million tons, and the average import price fell 5.1% to US $7873 per ton.

During the period, the import of soybeans increased by 3.3% to 45.75 million tons annually, and the average import price increased by 4.8% to US $605.2 per ton, up 4.8%.