China's Foreign Trade Situation Is Beginning To Pick Up.
"Orders increased in March and April, but there is not much difference compared with the same period last year."
Many Canton Fair exhibitors told reporters.
After 9 months of foreign trade downturn, export figures rebounded sharply in March. But is this a temporary rebound or a fundamental trend?
Customs data show that, after 9 months of experience,
negative growth
After that, the total value of exports in March was 1 trillion and 50 billion yuan, up 18.7% over the same period last year, and the total value of imports was 855 billion 500 million yuan, down 1.7% from the same period last year. The decline was narrower than that of last month, far better than market expectations.
Many views argue that the rebound in export figures in March means that China's foreign trade situation is beginning to pick up and that these signs will be reflected in the spring fair.
However, if the factors of Spring Festival holiday are excluded, the data may not be so optimistic.
The government's attention may be the profile of the foreign trade situation which is still not optimistic.
"The government is stronger than ever before in helping enterprises."
Huo Rongquan, vice chairman of Monalisa group Limited by Share Ltd, said in an interview with reporters.
According to the General Administration of customs data, after the seasonally adjusted export growth in March was only 0.9%.
exchange rate
Export data may still be negative growth in March.
Shen Danyang, spokesman of the Ministry of Commerce, said at the 12 regular meeting of the Ministry of Commerce on March.
Exit
A sharp rise is one of the seasonal factors and one of the cardinal factors.
Seasonal factors mean that because of the Spring Festival in February, exports are either moving forward or pushing back.
The base factor is that the monthly export volume in March last year is the lowest in all months of the year. Therefore, the export volume increased by 18.7% in March this year, but the export scale is only about 1 trillion yuan, and the figure is not ideal.
Shen Danyang stressed, "further investigation and analysis, the whole year's foreign trade situation is still complex and grim and not optimistic."
Zhuang Rui, vice president of the school of international economics of the University of foreign trade and economics, told reporters: "the monthly data will be affected by certain factors, such as cycle changes and the base number before. Therefore, we can not take the monthly data for annual data. The export data in March can be a good sign, but we can not fundamentally say that the trend of foreign trade is better."
Reporters interviewed a number of Canton Fair exhibitors said that the volume of orders in March and April has picked up, but compared to the same period last year only to maintain stability, there is no significant growth.
It seems that the signs of a rebound in foreign trade can not be proved by enterprises.
When visiting the enterprises at the Guangzhou Fair, the Ministry of Commerce's international trade negotiations and vice minister asked many times about the difficulties in the operation of the enterprises and whether they had confidence in the foreign trade situation in the second half of the year. Zijin Mountain pointed out that since the beginning of this year, the foreign trade situation has become more and more complex and severe, and the uncertainties and uncertainties have increased, and the downward pressure on the foreign trade is still very large. ""
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