Annual Foreign Trade Stabilisation Still Needs To Be Strengthened.

Data released by the General Administration of Customs on 8 may show that in August this year, the total value of China's imports and exports was 2 trillion and 200 billion yuan, an increase of 7.9% over the same period last year. Experts said that the 4 quarter of China's export pressure will be expected to slow down, but the annual foreign trade stability is still good to tackle tough problems.

Customs data show that in August, China exported 1 trillion and 270 billion yuan, an increase of 5.9%, and imports of 925 billion yuan, an increase of 10.8%. In August, the leading index of China's foreign trade was 34.7, up 0.9 from the previous month. The industry believes that this indicates that the four quarter of our country. Exit Pressure is expected to ease.

"In August, China's imports and exports improved, and the trend of foreign trade continued to slow down steadily in the whole year." Li Jian, director of the Foreign Trade Research Institute of the Ministry of Commerce, said. A slight depreciation of the RMB has a positive effect on exports. China's macroeconomic policy fine-tuning has played a catalytic role in imports.

Long Guoqiang, deputy director of the development research center of the State Council, said that China's foreign trade development has many bright spots in its structure. The general trade is decreasing by a very small margin; cross-border trade, market purchasing and other foreign trade new businesses are developing; export with independent intellectual property rights, independent brands and more high-tech content keeps a good growth momentum. Besides, service trade Maintaining high growth and forming a sharp contrast with trade in goods reflects the result of the spanformation of comparative advantage in China.

Private enterprises have become the most dynamic and export oriented business entities. In the first 8 months of this year, private enterprises imported and exported 5 trillion and 940 billion yuan, an increase of 4.8%, accounting for 38.6% of China's total foreign trade, representing a 2.4 percentage point increase over the same period last year. Trade mode is further optimized. The proportion of general trade and imports and exports has been increasing, accounting for 56.4% of total foreign trade in the first 8 months, up 1.4 percentage points from the same period last year.

Optimization of commodity structure. In the first 8 months, the export of China's electromechanical products accounted for 56.8% of the total value of exports. The export of labour intensive products, such as clothing, textiles, footwear, furniture, plastic products, bags and toys, accounted for 21.4% of the total value of exports, of which exports of textiles, plastic products and toys continued to grow over the same period last year.

According to the report of the Bank of Communications (601328) Financial Research Center, External demand environment Signs of improvement showed that the Baltic Dry Index rose and the shipping market changed as a whole. Export index and export manager index will rise, and export pressure may be eased. In the next few months, China's exports are expected to maintain positive growth, but it is difficult to rebound significantly.

According to the survey data, China's export manager index rose 1.8 in August, the new export orders index and the manager confidence index rebounded by 2.1 and 2.1 respectively, and the composite cost index of the enterprises dropped 0.1. According to customs data, in the first 8 months of this year, the total value of imports and exports was 15 trillion and 370 billion yuan, a decrease of 1.8%. Among them, exports were 8 trillion and 840 billion yuan, down 1%; imports 6 trillion and 530 billion yuan, down 2.9%.

As the global economy has not fundamentally improved and the external demand is sluggish, the economy of the emerging economies is still facing difficulties. The external environment faced by China's foreign trade development has not been fundamentally improved. Li Jian said that for the whole year's foreign trade situation, we should not be too optimistic.

Zhang Ji, Assistant Minister of Commerce, said that according to the Ministry of Commerce and other departments' research, enterprises generally reflected that the steady implementation of the steady growth of foreign trade was well implemented, and the policy achieved positive results. However, in some policies, there were still some problems such as inadequate matching, inadequate implementation and ineffective implementation.

Next, the Ministry of Commerce will further clean up the fees, ease the financing difficulties, and guide financial institutions to increase credit support for enterprises with orders and efficiency. At the same time, we should further improve the level of trade facilitation, speed up the progress of export tax rebates, continue to study the policy of differentiation in processing trade, and expand the scope of the pilot scheme for the procurement of cross-border electric business pilot areas and markets.

"By implementing these policies and measures, we can effectively help enterprises reduce their burden, create a good external environment, enhance their international competitiveness and promote the steady growth of foreign trade." Zhang Ji said.