Before February, China'S Foreign Trade Stabilized And Integrated Into The "One Belt" Road.

According to the relevant data released by the General Administration of customs, the total import and export volume of China's goods trade reached 4 trillion and 540 billion yuan in the first half of February this year, an increase of 0.7% over the same period last year. Among them, exports grew by 0.1% and imports increased by 1.5%.

In twenty-first Century, the economic report combing reporters found that the traditional foreign trade provinces represented by Guangdong, Fujian, Jiangsu and Zhejiang showed a downward trend compared with the same period. Sichuan, Chongqing, Shaanxi, Yunnan and other inland provinces achieved a sudden rise. Take the traditional foreign trade province of Guangdong as an example, Guangdong's foreign trade overall declined in February, down 3.4% compared to the same period last year, and Chongqing, which is the new starting point of China EU class, created a 17.4% growth in February.

According to the experts interviewed, the total import and export volume is increasing on the whole of the national foreign trade data. This shows that the current data is stabilizing steadily. Although the foreign trade province has a downward trend, the major province of foreign trade is the main force of the import and export trade. It still plays a role in stabilizing foreign trade and promoting growth. The inland provinces rely on the trade with the countries along the "one belt and one road" to achieve rapid growth.

Import and export downturn of major foreign trade provinces

In twenty-first Century, the economic news reporter noted that the total import and export value of Guangdong, a traditional large foreign trade province, reached 989 billion 980 million yuan in February, down 3.4% from the same period last year, and the largest decline in coastal provinces.

According to the analysis of the Guangdong branch of the General Administration of customs, in February this year, the import and export of Guangdong was affected by the dislocation of the Spring Festival and the high base factor in the same period of 2018. There has been a large fluctuation in the import and export volume in the same period of 2018. Therefore, the overall downward trend in February has taken place.

But Chen Wanling, director of the international economic and Trade Research Center of Guangdong University of Foreign Studies, told the twenty-first Century economic analysis reporter that if the Spring Festival factor was excluded, Guangdong's foreign trade and imports increased by 3.2% in February alone. It can be seen that before February, general trade import and export in Guangdong maintained a good growth trend, an increase of 4.7%, indicating that Guangdong's foreign trade foundation remained stable.

In his view, Guangdong province accounts for the largest share in the country's foreign trade and its foundation is relatively stable. With the implementation of a series of measures such as reducing taxes and lowering taxes and stabilizing foreign trade and steady growth, Guangdong's foreign trade is expected to gradually pick up and stabilize.

Imports and exports also declined in Jiangsu, Zhejiang, Fujian and other provinces. The total value of imports and exports in February was 642 billion 580 million yuan, 456 billion 250 million yuan and 191 billion 740 million yuan respectively. Jiangsu fell 1.2% compared with the same period last year, while Zhejiang and Fujian fell by 0.3% and 1.9% respectively.

In response to the overall decline in the import and export of major domestic and foreign trade in February, Bai Ming, deputy director of the International Market Research Institute of the international trade and Economic Cooperation Institute of the Ministry of Commerce, analyzed the twenty-first Century economic report. At present, the European and American economies have lowered their expectations, and China will naturally be affected by the same international market. With the increasing labor costs, the transformation and upgrading of foreign trade structure is inevitable.

"Especially in the process of transformation and upgrading, the major foreign trade enterprises must suffer from the impact of Sino US trade friction. Therefore, the reduction of foreign trade in the short term is entirely possible." Bai Ming said.

Chen Wanling also said that from a macro point of view, the latest IMF's expectations for 2019 and world GDP growth are decreasing. The international environment is not very good, and global demand will naturally slow down.

In addition, he also believes that the lagging effect of Sino US trade friction has also affected the import and export decline of major foreign trade. In 2018, most enterprises implemented the strategy of "grab the export" to avoid increasing tariffs. After the normalization of the market in February this year, high growth will not happen.

Facts have also proved that the national import and export trade to the United States is more obvious. Before February, China's exports to the United States totaled about 59 billion 300 million US dollars, down 14.1% compared with the same period last year, while China's total imports to the United States were only 17 billion 130 million US dollars, down 35.3% compared to the same period last year.

Rapid growth of Sichuan, Chongqing and Shaanxi

Compared with traditional foreign trade provinces, inland provinces have suddenly risen, especially in provinces such as Sichuan, Chongqing, Yunnan, Hubei, Anhui and Shaanxi.

In February this year, the total value of foreign trade and import and export in Sichuan reached 91 billion 693 million yuan, an increase of 20.6% over the same period, while the total value of Chongqing's imports and exports also reached 83 billion 920 million yuan, up 17.4% from the same period last year. In particular, Sichuan and Chongqing maintained two digit growth in exports in the first half of February this year, 35.3% and 24% respectively.

Bai Ming's analysis of the twenty-first Century economic news reporter shows that Sichuan and Chongqing are similar in growth. They all benefit from the huge increase brought by the Yangtze River economic belt and the central European class, especially the countries along the "one belt and one road".

"Chongqing's Cun Tan is a starting point for China and Europe. Chengdu's Qingbaijiang is also a starting point. Coupled with the radiation from the Yangtze River economic belt, many new export outlets have been driven, which has changed the dilemma of Sichuan's "Shu Dao difficult". China and Europe have opened a new path for Sichuan and Chongqing to the West. He said.

Take Sichuan as an example, the total value of imports and exports of Sichuan and the "along the way" countries is as high as 24 billion 130 million yuan, an increase of 6.2%, accounting for 26.3% of the total imports and exports of Sichuan, and this data is increasing year by year.

Foreign trade data also maintained two digit growth, as well as two provinces in Yunnan and Hubei. In February, the total value of imports and exports in Yunnan reached 33 billion 112 million yuan in the first half of this year, up 22% over the same period last year, and the total value of Hubei's imports and exports reached 51 billion 470 million yuan, up 12.6% from the same period last year.

In twenty-first Century, the economic report reporter noted that in the first February of this year, Yunnan achieved an increase of 49.6% in terms of exports, while Hubei achieved outstanding growth in exports and achieved a 20.4% growth.

Bai Ming said that Yunnan mainly benefited from the rapid development of China ASEAN Free Trade Area and the strengthening of trade with the countries along the belt. Yunnan's border trade has always been developed. In 1-2 months, the trade volume between Yunnan and the countries along the belt and road was 23 billion 330 million yuan, an increase of 7.9%, accounting for 70.5% of the total foreign trade volume in the same period, while the trade volume with ASEAN increased by 13.2%.

The import and export of Anhui, Shaanxi and other inland provinces also achieved rapid growth. The total import and export value of Anhui and Shaanxi in February was 70 billion 320 million yuan and 57 billion 500 million yuan respectively, representing an increase of 7.30% and 3.7% respectively.

In Chen Wanling's view, a sudden rise in inland provinces has a great relationship with industrial transfer to some extent. Due to the rising cost of production factors such as land and labor in coastal areas, most enterprises began to transfer to inland provinces, while Sichuan, Chongqing, Hubei, Shaanxi and other provinces have greatly improved their business environment, attracting many foreign trade enterprises, and eventually leading to the rapid growth of foreign trade in inland provinces.