Get Free Samples? Give us a call: +86 13173291019

China’s imports and exports rise 3.7% year-on-year in first quarter

China’s imports and exports rise 3.7% year-on-year in first quarter Beijing, April 17 (reporter li xiaoyu) China’s total imports and exports rose 3.7 per cent in the first quarter from a year earlier. Zhao ping, director of the research department of international trade at the China council for the promotion of international trade (ccpit), said Tuesday that China’s foreign trade is showing a strong trend and is resilient to pressure. Zhao ping said that although China’s foreign trade is still facing the world economic growth situation is not optimistic, the economic growth of major trading partners slowed down, some countries unilateralism, protectionism heating up and other unstable and uncertain factors, but “the good trend is very obvious.” For example, as a form of trade representing export competitiveness, China’s general trade exports grew by 11.7% year-on-year in the first quarter, significantly higher than the previous two months. General trade imports and exports accounted for nearly 60% of China’s total foreign trade in the same period, indicating that Chinese enterprises’ domestic brand export competitiveness is increasing. At the same time, the quality and efficiency of China’s foreign trade are also improving, she said. In terms of bilateral trade with major trading partners, official data show that in the first quarter, except for the year-on-year decline of 11% in the trade volume between China and the United States, China’s import and export volume with the eu, asean, Japan and other major trading partners all maintained rapid growth. In addition, the growth rate of China’s trade volume with countries along the “One Belt And One Road” is also higher than the overall growth rate of China’s foreign trade in the same period. Zhao ping said, this means that China’s foreign trade enterprises market diversification is advancing, foreign trade strong ability to withstand pressure. In terms of product structure, China’s mechanical and electrical products accounted for a relatively high proportion of exports in the first quarter, and the increase in export growth rate also shows that China’s foreign trade has stabilized while improving its quality. Zhao ping said, foreign trade has been a good trend, one of the main reasons for the stability of foreign trade policy effect gradually emerged. Stable foreign trade has been listed as one of the “” six stability” “in China’s economic work this year. The authorities have introduced a series of measures to ease the burden on enterprises and stabilize the growth of foreign trade, including encouraging the development of cross-border e-commerce and lowering import tariff rates.

Post time: Apr-19-2019

Request Information Contact us

WhatsApp Online Chat !