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In The First 11 Months Of This Year, China'S Foreign Trade Imports And Exports Grew By 2.4% Over The Same Period Last Year.

2019/12/10 21:03:00 0

Foreign TradeTradeImports And ExportsExportsImportsTrade SurplusEconomic Operation

Xinhua news agency, Beijing, December, 8 (reporter Liu Hongxia) the General Administration of Customs released data on the 8 day. In the first 11 months of this year, the total value of import and export of China's goods trade was 28 trillion and 500 billion yuan, an increase of 2.4% over the same period last year. Private enterprises have become the largest foreign trade entities in China.

The export volume of $28 trillion and 500 billion was 15 trillion and 550 billion yuan, an increase of 4.5%; imports of 12 trillion and 950 billion yuan were basically flat compared with the same period last year; the trade surplus was 2 trillion and 600 billion yuan, expanding 34.9%.

In the month of November, China's import and export value was 2 trillion and 860 billion yuan, an increase of 1.8%. Among them, exports were 1 trillion and 570 billion yuan, an increase of 1.3%; imports of 1 trillion and 290 billion yuan, an increase of 2.5%; trade surplus of 274 billion 210 million yuan, narrowed 4.1%.

Data show that in the first 11 months, private enterprises imported and exported 12 trillion and 120 billion yuan, an increase of 10.4%, accounting for 42.5% of China's total foreign trade, an increase of 3.1 percentage points over the same period last year, and become the largest foreign trade body in China. Among them, exports amounted to 8 trillion yuan, an increase of 12.4%, accounting for 51.4% of the total value of exports, and imports of 4 trillion and 120 billion yuan, an increase of 6.5%, accounting for 31.8% of the total value of imports.

In the same period, China's general trade imports and exports reached 16 trillion and 870 billion yuan, an increase of 4.8%, accounting for 59.2% of total foreign trade, an increase of 1.4 percentage points over the same period last year; imports and exports of processing trade decreased by 5.4%, accounting for 25.4%, a decline of 2.1 percentage points, and 7.4% yuan in imports and exports in bonded logistics mode, accounting for 11.5%.

From the perspective of trading partners, the total trade volume between China and Europe in the first 11 months was 4 trillion and 400 billion yuan, an increase of 7.7%, accounting for 15.4% of the total value of foreign trade; the total trade volume between China and ASEAN was 3 trillion and 980 billion yuan, an increase of 12.7%, accounting for 14% of the total value of foreign trade; the total trade value of China and the United States was 3 trillion and 400 billion yuan, decreasing by 11.1%, accounting for 11.9% of the total foreign trade; the total trade value between China and Japan was 1 trillion and 970 billion yuan, decreasing by 11.9%, accounting for the total value of foreign trade.

Over the same period, China's total imports and exports totaled 9.9% yuan for the countries along the belt and the road, an increase of 9.9%, higher than the national growth rate by 7.5 percentage points, accounting for 29.3% of the total foreign trade, and the proportion increased by 2 percentage points.

Judging from the type of goods, China's mechanical and electrical products exported 9 trillion and 90 billion yuan in the first 11 months, an increase of 4%, accounting for 58.4% of the total value of exports. Over the same period, clothing and other 7 categories of labor-intensive products total exports of 2 trillion and 990 billion yuan, an increase of 5.7%, accounting for 19.2% of the total value of exports. In addition, 59 million 660 thousand tons of steel exports, 6.5% reduction; 1 million 110 thousand cars, an increase of 5%.

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