Foreign Trade Continues To Maintain A Stable Trend

In September 20th, the Ministry of Commerce held a regular press conference to inform the media about the recent operation of China's business and answer reporters' questions.

Shen Danyang said at a press conference, according to customs statistics, 1-8 months, the national import and export 15 trillion and 400 billion yuan, down 1.8%. Among them, exports were 8 trillion and 800 billion yuan, down 1%; imports 6 trillion and 500 billion yuan, down 2.9%. In August, monthly exports and imports increased by 5.9% and 10.8% respectively, the monthly level since November 2014. Exit For the first time, the import of foreign trade has been "double litre".

The following seven characteristics are presented:

First, from the perspective of growth, the decline in imports and exports continued to narrow. In August, monthly exports and imports increased by 5.9% and 10.8% respectively, and for the first time since November 2014, exports and imports have been "double litre" for the first time. From the export point of view, the cumulative decline in export volume has narrowed for 6 consecutive months since March. From the point of view of imports, the monthly import growth in August was the largest monthly increase in 3 years, due to the superposition of factors such as low base last year and stable commodity prices.

Two, from the perspective of enterprises, private enterprises are still the main force of export. In 1-8 months, the export volume of private enterprises increased by 3.3%, accounting for 46.7% of the total export volume of the whole country, which was 1.8 percentage points higher than that of the same period last year. Exports of foreign-funded enterprises and state owned enterprises decreased by 4.2% and 6.1% respectively.

The three is from the perspective of trade. Trade Exports are maintaining positive growth. In 1-8 months, general trade exports increased by 1.3%, accounting for 55.5% of the country's foreign trade exports. The export volume of processing trade decreased by 6.8%, but in August it increased by 0.4% in a single month, and the monthly positive growth was achieved after 17 months.

Four, from the perspective of market layout, exports to the EU, Japan and other traditional markets have stabilized. In 1-8 months, I achieved positive growth in exports to the EU and Japan, up by 2.8% and 0.9% respectively. The realization of the export of some "one belt and one road" related countries Positive growth Exports to Philippines, Russia, India and Thailand increased by 25.9%, 16%, 8.7% and 8.7% respectively.

Five, from the perspective of major commodities, the export of large sets and high value-added products has maintained a positive growth. In 1-8 months, the export of large complete sets of equipment increased by about 10%. In the month of August, the export of mechanical and electrical products increased by 5.3%, of which the exports of automobiles, auto parts, motors and generators increased by 23.5%, 20.6% and 14.2% respectively.

The six is from the new business mode of foreign trade, cross-border electricity providers to maintain rapid growth. In the 1-8 month, the cross-border electricity supplier, the market purchase trade, the foreign trade comprehensive service enterprise continued to maintain the relatively fast growth trend, and is becoming the new growth point of foreign trade.

Seven, from the point of view of imports, the quality and efficiency of imports have been further enhanced. In the 1-8 month, the import volume of 10 types of bulk commodities, such as crude oil, iron ore, natural gas, copper and copper concentrates increased, and the total amount of imports decreased by 410 billion yuan. For more relevant industry information, please pay attention to WeChat public number of the foresight Industry Research Institute.