Chinas foreign trade imports and exports increased by 4.2percent year on year in the first July, and the proportion of general trade increased.

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 Chinas foreign trade imports and exports increased by 4.2percent year on year in the first July, and the proportion of general trade increased.


Peoples Daily, Beijing, August 10, recently learned from the General Administration of Customs that in the first seven months of this year, the total value of Chinas import and export of goods trade was 17.41 trillion yuan, an increase of 4.2% over the same period last year. Among them, export was 9.48 trillion yuan, an increase of 6.7%, import was 7.93 trillion yuan, an increase of 1.3%, and trade surplus was 1.55 trillion yuan, an increase of 47.4%. In July, Chinas total import and export value was 2.74 trillion yuan, an increase of 5.7%. Among them, export was 1.53 trillion yuan, an increase of 10.3%; import was 1.21 trillion yuan, an increase of 0.4%; trade surplus was 310.26 billion yuan, an increase of 79%.

In the first seven months of this year, Chinas foreign trade imports and exports showed the following characteristics:

General trade grew and its share increased. Chinas import and export of general trade amounted to 10.4 trillion yuan, an increase of 5.7%, accounting for 59.8% of the total value of our foreign trade, an increase of 0.8 percentage points over the same period last year. Among them, export was 5.57 trillion yuan, an increase of 10.1%; import was 4.83 trillion yuan, an increase of 1.2%; trade surplus was 738.16 billion yuan, an increase of 1.6 times.

The growth rate of imports and exports of major markets such as the European Union, ASEAN and Japan is higher than that of the whole country. The EU is Chinas largest trading partner with a total trade value of 2.72 trillion yuan, an increase of 10.8%, accounting for 15.6% of Chinas total foreign trade. Among them, exports of 1.64 trillion yuan, an increase of 12.6%, and imports of 1.08 trillion yuan, an increase of 8.2%. ASEAN is Chinas second largest trading partner. Its total trade value with ASEAN is 2.35 trillion yuan, an increase of 11.3%, accounting for 13.5% of our total foreign trade value. Among them, exports increased by 15.8% to 1.33 trillion yuan, while imports increased by 6% to 1.02 trillion yuan.

Private enterprisesimports and exports have grown rapidly and their proportion has increased. Private enterprises import and export 7.31 trillion yuan, an increase of 11.8%, accounting for 42% of Chinas total foreign trade value, an increase of 2.9 percentage points over the same period last year. Among them, exports increased by 14.2% to 4.82 trillion yuan, accounting for 50.9% of the total value of exports; imports increased by 7.4% to 2.49 trillion yuan, accounting for 31.4% of the total value of imports.

Exports of mechanical and electrical products and labor-intensive products have maintained growth. Chinas export of mechanical and electrical products is 5.5 trillion yuan, an increase of 6.1%, accounting for 58% of the total export value. In the same period, clothing exports increased by 2% to 56.126 billion yuan, while toys increased by 31.7% to 102.85 billion yuan.

(function () {(window. slotbydup = window. slotbydup | []). push ({id:6374560, container:ssp_6374560, size:300,250, display:inlay-fix, async: true});} (); source of this article: Peoples Daily Responsible Editor: Chengyu_NBJ11143