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    Huzhou'S Foreign Trade Grew By Second In April.

    2015/5/25 15:06:00 23

    HuzhouForeign TradeEconomic Growth

    From 1 to April this year

    Import and export

    The total value reached 19 billion 800 million yuan, an increase of 9.8% over the same period last year, higher than the provincial average growth rate of 11 percentage points, ranking second in the province.

    Among them, exports were 17 billion 180 million yuan, an increase of 7%; imports of 2 billion 620 million yuan, an increase of 32.5%.

    According to reports, in April, the import and export volume of our city rebounded rapidly, especially the export growth picked up faster.

    Exit

    Forehead has hit a new high in one year.

    In 4 months, the total import and export value of the city was 5 billion 930 million yuan, an increase of 9%, higher than the provincial average growth rate of 20.3 percentage points, of which 5 billion 110 million yuan was exported, an increase of 5.9%, the same period in the whole province decreased by 9.5%, and imports of 8.2 billion yuan, an increase of 33.1%, while the province dropped by 17.1% in the same period.

    It is worth mentioning that in addition to our city, the import and export of all cities in the province showed negative growth in April.

    Behind the upward trend of our foreign trade, we are benefiting from the rapid growth of general trade.

    From 1 to April, the general trade import and export volume of our city was 17 billion 570 million yuan, an increase of 9.9%, accounting for the whole city.

    foreign trade

    The total value was 88.7%, of which, exports were 15 billion 600 million yuan, an increase of 6.8%; imports of 1 billion 970 million yuan, an increase of 43.6%.

    Over the same period, import and export of processing trade reached 2 billion 140 million yuan, an increase of 8.4%.

    In major trading markets, growth has been maintained in Europe and America, while export growth in emerging markets has slowed down.

    Data show that from 1 to April, the total import and export value of our city to the European Union, the United States and ASEAN was 4 billion 910 million yuan, 46.3 billion yuan and 1 billion 510 million yuan respectively, representing an increase of 10%, 19.5% and 0.1% respectively, accounting for 55.9% of the total import and export value of the city.

    However, exports to Latin America and Africa slowed down, with exports of 1 billion 390 million yuan and 770 million yuan, respectively, increasing by 2.4% and 0.2% respectively.

    In addition, in the first 4 months, the import and export volume of the cities along the "one belt and one road" fell, and the import and export volume was 5 billion yuan, down 4.5%, of which 4 billion 610 million yuan was exported, down 3.7%.

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    At a regular press conference, according to preliminary statistics from the General Administration of customs, in April 2015, the total import and export volume of US $318 billion 500 million decreased by 11.1% compared with the same period last year.

    Of which, exports amounted to 176 billion 300 million US dollars, down 6.4%; imports 142 billion 200 million US dollars, down 16.2%; the surplus was US $34 billion 100 million, an increase of 82.9%.

    From a regional perspective, China's exports to Japan and the EU dropped by 12.9% and 10.1%, respectively, thanks to the passive appreciation of the renminbi.

    Imports from South Africa, Brazil, Russia and India have declined by 37.2%, 25.3%, 22.3% and 21.4% respectively, bringing together the overall import growth by 2.1 percentage points.

    The import and export of foreign trade data in April were negative growth, but the export decline was narrowed.

    "Under the superposition of unfavorable factors such as internal and external demand, international commodity prices and the passive appreciation of RMB, China's import and export remained negative in April, but the decline narrowed by 2.6 percentage points from the previous month.

    The decline in exports narrowed by 8.4 percentage points, and imports fell somewhat.

    Shen Danyang said.

    The passive appreciation of the RMB against non US currencies has led to some pressure on exports. Shen Danyang said that since the beginning of this year, Global trade has been generally depressed, especially the exports of major economies and some emerging market countries are generally negative growth. "Under such a background, our exports have achieved a small increase, which is a good performance among the major economies and major trading powers in the world."

    Shen Danyang pointed out that the current situation of foreign trade is very grim, or that the pressure on foreign trade to grow steadily is unprecedented.

    This is the reason why the global economic recovery is weak and the external demand is low. It is also affected by the rising cost of domestic elements, the difficulty in financing enterprises and the high cost of financing.

    "It goes without saying that the major non US dollar currencies such as yen, euro and rouble have generally depreciated, while the renminbi has remained basically stable, which has objectively weakened the competitive advantage of China's export commodities, increased the risk of foreign exchange collection, and increased the operational pressure of foreign trade enterprises."

    Shen Danyang said, "in view of the increasing risk of exchange rate fluctuations of major currencies in the world, we encourage financial institutions to develop more products of exchange rate hedging, and suggest that enterprises should further strengthen exchange rate risk management, and adopt more exchange rate hedging tools to expand the scale of RMB settlement and enhance the awareness and ability to deal with exchange rate risks.

    At the same time, we hope that all countries will strengthen monetary policy coordination and jointly maintain sustained global financial stability.


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