Ministry Of Commerce: China'S Imports And Exports Improved In March

On April 9th, the spokesman of the Ministry of Commerce said at the regular press conference that the import and export of China improved in March.

Peak introduction, at present, foreign trade enterprises resume work and production is advancing orderly, more than 76% of the key foreign trade enterprises in China have a capacity recovery rate of over 70%. In March, the new PMI export index and import index of manufacturing industry rose by 17.7 and 16.5 percentage points respectively compared with February.

"But at the same time, the spread of the global new crown pneumonia epidemic has gradually affected the world economy and international trade. According to the Ministry of Commerce's investigation of key areas, key industries and key enterprises, some foreign trade enterprises have been delayed or cancelled by hand orders, and new orders have been affected, especially in textile and garment industries. Peak said that the extent of the impact of foreign trade, the Ministry of Commerce will closely follow the assessment. In the early stage, a series of policies on stabilizing foreign trade have been promulgated, and the next step will be firmly implemented. Efforts should be made to solve difficulties for foreign trade enterprises in the light of changes in the situation, and strive to minimize the impact of the epidemic on foreign trade and stabilize the basic foreign trade market.

Regarding the re employment of foreign-funded enterprises, the peak is introduced. Recently, the progress of the resumption of production and production of foreign-funded enterprises has been steadily improving. According to the monitoring, as of April 7th, 71.9% of the 8776 foreign key enterprises in China accounted for more than 70% of the total output, accounting for 71.9% percentage points higher than last week, and the recovery rate of manufacturing enterprises was obviously accelerated. The enterprises with a yield exceeding 70% accounted for 76.8%, up 6.6 percentage points from last week, and only 5.4% of the enterprises had a lower yield than 50%. The rate of re production of foreign-funded enterprises in Hubei province has increased rapidly, and the manufacturing enterprises whose production rate exceeds 70% has increased 9.9 percentage points to 75.9% last week, which is close to the national average level.

Speaking of the current domestic consumer market, the peak said that the current situation of epidemic prevention and control in China has continued to improve, and enterprises have resumed business to speed up their expansion, and market consumption has bottomed up and steadily improved. The opening rate of large agricultural products wholesale markets, large supermarkets, department stores and brand convenience stores in China is over 95%. The Ministry of Commerce's key monitoring and retail business increased by 0.9% in the second half of March, up 3.2% from the second half of February. During the Qingming small holiday this year, the average daily turnover of the national housing and catering industry of the UnionPay business statistics increased by 11.5% and 10% respectively in the middle and late 3 months, and returned to 50% level in the same period last year.