In The First 7 Months, China's Foreign Trade Import And Export Value Is 17 Trillion And 410 Billion Yuan.

17 trillion and 410 billion yuan! China Customs import and export data released 7 months ago

Today (8), the General Administration of Customs issued the import and export situation of China in the first 7 months of this year. In the first 7 months, China's foreign trade import and export value was 17 trillion and 410 billion yuan, an increase of 4.2% over the same period last year, of which, exports 9 trillion and 480 billion yuan, an increase of 6.7%; imports 7 trillion and 930 billion yuan, an increase of 1.3%. The import and export of foreign trade continued to grow steadily. In the first 7 months, the European Union, ASEAN and the United States remain the top three trading partners of our country. Among them, imports and exports of the EU increased by 2 trillion and 720 billion yuan, an increase of 10.8%; and ASEAN's import and export 2 trillion and 350 billion yuan, an increase of 11.3%; and the United States imports and exports 2 trillion and 100 billion yuan, down 8.1%.

Data show that in the first 7 months, China's foreign trade continued to maintain stable and upgrading development momentum, endogenetic dynamism and vitality continued to grow. Among them, two figures attract people's attention. First, China's foreign trade and imports and exports of the countries along the "one belt and one road" increase by 5 trillion and 30 billion yuan, an increase of 10.2%. Two, private enterprises have become the main force to pull China's foreign trade, and imports and exports are 7 trillion and 310 billion yuan, up 11.8% over the same period last year, and the growth rate ranks first among all kinds of enterprises.

Since the beginning of this year, China has continuously optimized its foreign trade structure and business environment. Maintain steady growth in foreign trade, China has the bottom line. Emboldened mainly from several aspects:

National optimization of business environment

Since last year, China has promulgated a series of policies and measures, such as reducing taxes and lowering fees, optimizing port business environment and facilitating customs clearance, and the level of trade facilitation has significantly improved. In 2018, the world bank upgraded the ranking of our state business environment to 32 at a time. Among them, the cross-border trade ranking jumped from 97 to 65, and also increased by 32. This year, China implemented a larger tax reduction policy on the basis of tax reduction and tax reduction last year. The value-added tax rate of manufacturing industry has been reduced by 3 percentage points, and the tax rate of transportation, transportation and construction industries has been reduced by 1 percentage points. Led by the General Administration of customs, we continue to promote the reform of port supervision operations. The regulatory documents for import and export links have been reduced from 86 to 46, and the time of customs clearance has been reduced by more than half. The "single window" of international trade has achieved systematic docking and information sharing with 25 ministries, covering all ports in the country. Before the end of the year, the application rate of "single window" in international trade will reach 100%. The introduction and landing of a series of more stable foreign trade policies and measures issued by the state will enable enterprises to enjoy earlier and better access to relevant convenience and benefits, help to reduce pressure on enterprises, enhance their coping ability, and boost enterprise confidence, which has played a direct role in stabilizing foreign trade.

More diversified trading partners

While maintaining a good growth in trade volume with most of the partners in traditional trade, China's foreign trade enterprises have actively expanded their economic and trade contacts with other countries and regions. In the first 7 months of this year, the growth rate of China's foreign trade with ASEAN, Africa, Central Asia, Latin America and other emerging markets was obvious. Among them, China's foreign trade and imports and exports along the "belt and road" countries were 5 trillion and 30 billion yuan, an increase of 10.2% over the same period last year, which is 6 percentage points higher than the growth rate of foreign trade in the same period. Among them, China and Saudi Arabia, Poland, Uzbekistan and other "along the road" along the country's foreign trade imports and exports increased by 36.8%, 21.9% and 27.7%.

Yan Min, director of the Forecast Department of the state information center, said that China has trade with 232 countries and regions. Since the beginning of this year, China has not only increased its market share with the major economies such as the European Union, but also highlights the obvious growth of foreign trade with emerging markets, especially the potential for trade cooperation between China and the "one belt and one way" countries. The diversified development has become a new driving force for China's foreign trade and has brought more room for China to maintain steady growth in foreign trade.

Li Kuiwen, director general of the statistical analysis division of the General Administration of customs, said that under the background of the poor global trade environment, the number of China's foreign trade enterprises has not been reduced this year, but is still growing. In the first half of this year, China's imports and exports reached 33 enterprises, an increase of 6.6%.

Continuous optimization of commodity structure

In the first 7 months, China's mechanical and electrical products exported 5 trillion and 500 billion yuan, an increase of 6.1%, accounting for 58% of the total value of China's foreign trade exports. Among them, the export of electromechanical products and equipment manufacturing products with higher added value maintained a good growth momentum, for example, the export of tablet computers increased by 16.3%, and the export of metalworking machine tools increased by 21.3%. In terms of imports, the import of consumer goods increased rapidly, with imports of water and seafood increased by 39%, imports of cosmetics and skincare products increased by 45.2%, and imports of fresh, dried fruits and nuts increased by 42%.

China's enterprises constantly tap the potential, improve their own innovation ability, expand the market with product quality, and win the market.

Last year, the number of electric bicycles imported from the 28 EU member countries accounted for 78% of China's total, up to 932 thousand vehicles. In the field of mobile phones, computers, color TV sets, audio and other major consumer electronics products, China's industry matching, technology application and industrial service capabilities are the world's leading. Relying on product quality and technical support, and a good business environment, more private enterprises continue to innovate, improve the technological content of products, increase the added value of products, make the traditional export products have a new growth point, and in the field of automobiles, machinery and equipment, electrical appliances and electronic products, the international competitiveness of China's export products has been significantly enhanced.

Meanwhile, in the first 7 months of this year, China's private enterprises imported and exported 7 trillion and 310 billion yuan, an increase of 11.8%. The internal driving force of foreign trade is constantly increasing. Private enterprises continue to exert their strength in the field of foreign trade, and gradually become the main force in the growth of China's foreign trade.

"The stability of the domestic economy is an important support for the stability of foreign trade." Li Kuiwen, director of the statistical analysis division of the General Administration of customs, said that at the G20 summit in Osaka, general secretary Xi Jinping stressed that "in the near future, measures should be taken to further introduce a number of major initiatives to accelerate the formation of a new situation of opening up and strive to achieve high quality development". China's opening door is bigger and bigger, and the effect of stable foreign trade policy is also emerging. This will more effectively promote the transformation and upgrading of foreign trade and enhance the vitality of enterprises. This year, our country will further improve the level of trade facilitation, continue to optimize the port business environment, help foreign trade enterprises to make light of their belts and promote the steady development of foreign trade.