According to customs statistics, the value of China’s foreign trade in the first three quarters of this year was 22.91 trillion yuan, an increase of 2.8% over the same period last year. Of this, exports totaled 12.48 trillion yuan, up 5.2%; Imports were 10.43 trillion yuan, down 0.1%; The trade surplus was 2.05 trillion yuan, an increase of 44.2 percent. In September, China’s imports and exports totaled 2.78 trillion yuan, down 3.3 percent. Exports totaled 1.53 trillion yuan, down 0.7%; Imports were 1.25 trillion yuan, down 6.2%.
In general, China’s foreign trade operation in the first three quarters showed an overall stable, stable and qualitative trend, with the following six characteristics:
From the perspective of trade mode, general trade plays a more prominent leading role. In the first three quarters of this year, China’s imports and exports in general trade totaled 13.64 trillion yuan, up 4.8% and accounting for 59.5% of China’s total foreign trade, an increase of 1.1 percentage points over the same period last year. Of this, exports totaled 7.3 trillion yuan, up 8.7 percent; Imports were 6.34 trillion yuan, up 0.7%.
From the perspective of trading countries, market development has further improved. In the first three quarters, China’s imports and exports to the top two trading partners, the European Union and asean, reached 3.57 trillion yuan and 3.14 trillion yuan respectively, up 8.6% and 11.5%, accounting for 15.6% and 13.7% of China’s total foreign trade, respectively. Over the same period, china-us trade totaled 2.75 trillion yuan, down 10.3 percent. The total value of trade between China and Japan was 1.58 trillion yuan, up 0.1%. In particular, imports and exports to the countries along the “One Belt And One Road” belt and road totaled 6.65 trillion yuan, up 9.5%, 6.7 percentage points higher than the overall growth rate of China’s foreign trade and accounting for 29% of China’s total foreign trade.
Post time: Nov-22-2019