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    Imports And Exports In The First Month Showed A Double Start.

    2015/3/18 16:13:00 18

    Import And ExportForeign TradeMarket Quotation

    According to the data released by the General Administration of Customs in February 8th, the total value of imports and exports in January 2015 was 2 trillion and 90 billion yuan, down 10.8% from the same period last year.

    Among them, exports of 1 trillion and 230 billion yuan, down 3.2%; imports 860 billion yuan, down 19.7%; trade surplus of 366 billion 900 million yuan, 87.5% expansion.

    According to the General Administration of customs, the reduction in prices is a major factor leading to the decline of imports and exports in January. Meanwhile, holiday factors such as new year's day and Spring Festival will also have a greater impact on imports and exports at the beginning of this year.

    After the seasonally adjusted import and export decline narrowed, imports and exports, exports and imports fell by 7.1%, 1.3% and 14.4% in January.

    According to statistics, in addition to the increase in soybean imports, the import volume of major commodities such as iron ore, coal, crude oil and refined oil decreased in January, and the prices of major imported commodities generally declined.

    From the perspective of major trading partners, China's exports to the US and ASEAN increased, exports to the EU and Japan declined in January, and imports declined.

    From the point of view of export products, exports of traditional labour intensive products and electromechanical products have also declined.

    The above data change confirms the judgment of Li Jian, director of the Foreign Trade Research Institute of the Ministry of Commerce.

    He said that the current external demand market is still weak, and the depressed economies such as Europe, Japan and other developed economies have depressed demand.

    Compared with exports, the sharp decline in imports has directly brought about the rapid expansion of the trade surplus.

    However, many experts have indicated that, influenced by factors such as the Chinese Lunar New Year and Spring Festival, the import and export data of China before the festival are relatively weak in response to actual demand. Usually, single month data can not accurately reflect the true state of economic operation.

    "China's foreign trade enterprises have the habit of" rush to export "and" import first "after the festival, which directly led to sharp fluctuations in the growth rate of imports and exports in 1 and February.

    Zheng Yuesheng, spokesman of the General Administration of customs, said that the "dislocation" of the Spring Festival holiday will also bring the fluctuation of the contrast base, which will be reflected in the February foreign trade data.

    In addition to the Spring Festival factors,

    manufacturing industry

    Order diversion, RMB exchange rate and other factors also have an impact on the current import and export decline.

    Experts said that after entering March, the impact of the Spring Festival on the import and export will gradually disappear, and the scale of exports will gradually return to normal.

    The latest issue of China

    foreign trade

    The leading index is 38.6, which has declined for fourth consecutive months, indicating that China's exports still face downward pressure in the first quarter and the two quarter of this year.

    However, in January China

    Exit

    The manager index was 41.2, up 0.4 compared with December last year, and the new export orders index and the comprehensive cost index of export enterprises also rose by 0.9 and 0.7 respectively.

    Gao Hucheng, Minister of Commerce, said that this year, we will push forward foreign trade growth from the following aspects: further promoting the implementation of the foreign trade policy, accelerating the development of trade along the "one belt along the way", promoting the pformation and upgrading of foreign trade bases, and stabilizing the import of resources products, encouraging the import of advanced technology and equipment and key components, and reasonably increasing the import of general consumer goods.

    The previous executive meeting of the State Council clearly pointed out that we should promote the "going out" of major equipment and dominant production capacity, carry out productivity cooperation, and achieve mutual benefit and win-win results so as to form a new growth point of foreign trade.

    "In the long run, China's foreign trade has entered a new normal of low speed growth, but the comprehensive advantage still exists, and the new competitive advantage is taking shape.

    With the further promotion of the steady growth of foreign trade, the growth rate of foreign trade this year will be higher than that of last year.

    Zheng Yuesheng emphasized.


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