Ministry Of Commerce: In July, China Exported And Imported "Double Down".

Yesterday, the General Administration of Customs released data show that in July China

The "double drop" of imports decreased by 8.9% and 8.6% respectively.

Assistant Minister Zhang Ji said on 13 th that China's exports in 2015 are still expected to achieve positive growth, and that China's exports will continue to rise steadily in the international market share. Imports will still linger in the low position, but the decline will continue to narrow, and the quality and efficiency will further improve.

In an interview with reporters, Zhang Ji said, "as a whole, the trend of China's export structure adjustment has not changed. At present, the trend of China's international market share has not changed. The fundamentals of China's foreign trade development have not changed fundamentally."

Reasons for a larger decline in exports

A preliminary analysis shows that the reason for the relatively large decline in exports in July is that there is a special important reason besides the low demand in the international market, the rising cost of domestic production factors, the long appreciation of the RMB effective exchange rate, and the pfer of industries and orders.

"If we exclude this factor, the export fall in July will be in the normal range of fluctuation."

From an international comparison,

The situation is still better than the world's major economies and emerging market countries.

According to WTO statistics, the first 6 months, the United States, Japan, South Korea, India, South Africa, Brazil and other countries and regions export are negative growth, respectively -5.2%, -8.1%, -5.1%, -16%, -6.4%, -14.7%, the EU exports for the first 5 months are -15.6%.

From the point of view of imports, imports are still at a low level due to falling commodity prices and weakening domestic demand. The decline has continued to narrow, and has been in a single digit for 2 consecutive months.

At the same time, the quality and efficiency of imports have been further enhanced.

In the first 7 months, China's crude oil, plastics, soybeans, refined oil, natural gas, pulp, grain, copper concentrate and other 8 types of bulk commodities increased in value, and the total amount of foreign exchange payments was reduced by 91 billion 200 million US dollars.

Since the beginning of this year, the trend of China's export structure adjustment has continued to improve.

General trade,

Emerging markets, electromechanical products and the central and western regions are still the main driving force for export.

However, at present, the foreign trade situation is more complex and severe, the downward pressure is increasing, and the traditional advantages of foreign trade are weakening, so it is not easy for foreign trade enterprises to operate generally.

In the face of the complex and severe foreign trade situation, the Ministry of Commerce will focus on implementing the policies that have been promulgated and firmly implement them. At the same time, according to the actual situation, we will study and introduce new support policies.

We must resolutely clean up and standardize charges in import and export links, improve the level of trade facilitation, improve financing services, speed up the construction of free trade zones, and create a favorable environment for foreign trade development.