China'S Foreign Trade Performance Is Better Than Expected.

According to the data released by the General Administration of Customs of China, the total value of China's imports and exports in November was 2 trillion and 350 billion yuan, an increase of 8.9%.

Among them, exports were 1 trillion and 320 billion yuan, an increase of 5.9%; imports of 1 trillion and 30 billion yuan, an increase of 13%; trade surplus of 298 billion 110 million yuan, narrowed 12.9%.

China's import and export trade is showing a steady trend of improvement.

China's import volume increased sharply in November, while its export volume remained stable.

Last month, imports benefited from an increase in imports of industrial raw materials, an increase of 6.7% to $152 billion 200 million, the best import since 2014.

The news pointed out that

It has always been the traditional pillar of China's GDP growth. In November, its export volume increased by 0.1% in one year, though it was weak. But after seven months of continuous weakening, it is a good phenomenon to stabilize.

The newspaper then analyzed that China's economic situation was pformed under the complicated international situation.

After winning the election, Trump promised to impose a 45% punitive duty on China's imports.

In the first 11 months of 2016, China's exports to the United States dropped by 6.6%, and the EU decreased by 4.4%. China's trade surplus decreased by 17.6% in November compared with November last year, reaching 44 billion 600 million US dollars.

Li Jian, director of the Foreign Trade Research Institute of the Ministry of Commerce, said that when foreign trade imports and exports were better, the improvement of foreign trade data in November was in line with market expectations, and whether exports could continue to recover was still to be observed.

Rebound and overall commodity price recovery.

In addition to the fundamental improvement of the external environment, the gradual decline of the renminbi has also benefited indirectly from the recent export.

But he also said that the devaluation of the renminbi has limited effect on exports and should not be overestimated.

Still in pformation and upgrading.

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Foreign investment enterprises accounted for nearly 6 of imports and exports.

In the first 11 months, the foreign investment enterprises in Shunde dropped 87 billion 820 million yuan, or 4.3% yuan, accounting for 57.1% of the total value of foreign trade and imports in Shunde during the same period.

Over the same period, private enterprises accounted for 65 billion 600 million yuan, an increase of 31.1%, accounting for 42.7%.

The United States, the European Union, ASEAN and China Hongkong are the major trading partners.

In the first 11 months, Shunde's imports and exports to the United States, the European Union and ASEAN were 23 billion 150 million yuan, 21 billion 560 million yuan and 19 billion yuan, respectively, increasing by 4.7%, 9.7% and 53.3% respectively. The import and export of Hongkong, China, decreased by 15.8%, and the above 4 accounted for 53.2% of the total value of Shunde's foreign trade import and export in the same period.

Mechanical and electrical products accounted for nearly 7 of exports.

In the first 11 months, Shunde exported 83 billion 860 million yuan of mechanical and electrical products, an increase of 6.9%, accounting for 66.8% of the total export value of Shunde in the same period. Of them, the export air conditioner was 12 billion yuan, down 0.7%, and the export microwave oven 9 billion 480 million yuan, down 7.8%.

Imports of new and high technology products increased rapidly.

In the first 11 months, Shunde imported 5 billion 540 million yuan of diamonds, a decrease of 4.8%.

Over the same period, imports of high-tech products increased by 3 billion 510 million yuan, an increase of 30.7%.

In addition, steel and sawn timber were imported 2 billion yuan and 1 billion 920 million yuan, respectively, up by 7.9% and 71.1% respectively; the imports of plastic with primary shape decreased by 9.2% yuan, while imports of 1 billion 840 million yuan.

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