Foreign Trade Growth Slowed Slightly, Facing Greater Pressure On Exports.

China's foreign trade is also accelerating the cultivation and development of new kinetic energy, especially as the related policies such as foreign trade pfer mode and structural adjustment continue to fall. China's position as a big country of import and export is expected to continue to consolidate, and quality and efficiency will continue to improve.

As the related policies such as foreign trade pfer mode and structural adjustment continue to fall, China's position as a major exporter of goods is expected to continue to consolidate, and quality and efficiency will continue to improve.

According to the data released by the General Administration of Customs in November 8th, the total value of China's imports and exports in the first 10 months of this year was 19 trillion and 560 billion yuan, down 1.9% from the same period last year.

Among them, exports of 11 trillion and 220 billion yuan, down 2%; imports 8 trillion and 340 billion yuan, down 1.8%; trade surplus of 2 trillion and 880 billion yuan, narrowing 2.6%.

In October, China's import and export value was 2 trillion and 50 billion yuan, down 0.6%.

Among them, exports were 1 trillion and 190 billion yuan, down 3.2%; imports 860 billion 600 million yuan, an increase of 3.2%; trade surplus of 325 billion 250 million yuan, narrowed 16.8%.

"The decline in exports is mainly caused by the decline in exports of electromechanical products and labor-intensive products.

If the seasonal factors are excluded, the foreign trade data in October will remain stable in general.

Huang Songping, a spokesman for the General Administration, said that in October, exports fell by 7.3% in dollar terms compared with the same period last year. After seasonally adjusted, the real export market decreased by 0.3%, a marked improvement over September.

However, in October, the leading index of China's foreign trade was 35.6, ending a 3 consecutive month of recovery, a slight decrease of 0.2 from the previous month, indicating that the future exports will still face greater downward pressure.

Despite the decline in China's foreign trade growth, progress has been made in structural optimization and in the development of new kinetic energy.

According to statistics, in the first 10 months, the import and export of private enterprises accounted for 7 trillion and 530 billion yuan, accounting for 38.5% of the total value of our foreign trade, which was 2.1 percentage points higher than that of the same period last year.

Along with the rising proportion of private economy in foreign trade, trade driven by "going abroad" or direct foreign investment is growing rapidly, showing that economic restructuring is deepening.

"Scale increase and decrease can not represent the change of competitiveness of foreign trade, we should focus on cultivating market players."

Li Jian, director of the Foreign Trade Institute of the Ministry of Commerce, said that China's foreign trade is in the critical stage of accelerating the structural adjustment and changing the old and new kinetic energy, and the fundamentals of long-term good development have not changed.

Overall, this year, China

The goal of maintaining international market share is not to be reduced.

The newly released "China's foreign trade situation report (autumn 2016)" (hereinafter referred to as the "report") pointed out that the current new development momentum of China's foreign trade is accumulating, and the trade structure has been further optimized. In 2016, the import and export is expected to achieve a stable return.

The 120th session concluded in November 4th

The above judgment is also confirmed.

According to statistics, the number of purchasing merchants and export turnover increased year by year, up 4.6% and 3.2% respectively, extending the stability of the last Canton Fair.

"This shows that China's foreign trade is showing signs of stabilization at the bottom."

Xu Bing, deputy director of the China Foreign Trade Center, said that the growth of emerging markets and developing countries increased by 8.37%, which was higher than the average level. Malaysia, Indonesia, Thailand and other countries along the "belt and road" became the main force of growth, and the South American countries such as Argentina, Columbia and Brazil also had larger recovery growth. The growth rate of buyers to the conference exceeded 20%.

It is worth noting that China's foreign trade will still face a severe and complicated trade environment in the context of weak economic recovery and low external demand.

In the first 10 months, the total value of trade between our country and the second largest trading partner of the United States dropped by 3.2%, accounting for 14.1% of China's total foreign trade.

Judging from the current Canton Fair, the proportion of short and medium orders is high. The short and medium order accounts for 81.6% in less than 6 months, indicating that merchants' expectations of future trade trends are still uncertain.

Li Jian believes that with the continuous structural adjustment of major economies and the restructuring of the global value chain, a major adjustment has taken place in the global trade cycle, which takes the "consumer country producer country resource state" as the core chain. The main economic entities tend to be more and more serious in the "reverse globalization" of economic policies, and the path of economic globalization is profoundly changing.

The report predicts that China's foreign trade share of the global market will remain stable in 2017, and the trade structure will continue to be optimized.

"Generally speaking, the foreign trade situation is not optimistic, but the positive factors that drive foreign trade to maintain a certain growth are still accumulating."

Li Jian said that in order to promote the stability of foreign trade, we should continue to unswervingly implement the strategy of opening to the outside world, enhance the strength of Chinese enterprises to participate in international competition through a high level of opening up to the outside world. On the other hand, we must further adjust and optimize the structure of foreign trade, and realize the pformation of foreign trade from "big to big" to "superior, superior and superior".