Stable and improved foreign trade, showing economic resilience

Stable and improved foreign trade, showing economic resilience

Stabilizing foreign trade is an important support for stabilizing growth. According to data released by the General Administration of Customs of China a few days ago, in the first seven months of this year, the total value of my country's import and export of goods trade was 23.6 trillion yuan, a year-on-year increase of 10.4%.

Since the beginning of this year, in the face of the severe and complex external environment and the new challenges brought about by the spread of the domestic epidemic, my country has continued to expand its high-level opening to the outside world, and a series of policies and measures to stabilize foreign trade have been introduced intensively, helping the majority of foreign trade entities to face difficulties and innovate development. , to inject a steady stream of kinetic energy into promoting the stability and improvement of foreign trade. The "semi-annual report" of foreign trade import and export released on July 13 sent a positive signal of the continuous recovery of my country's economy.

Foreign trade growth rebounded rapidly, showing strong resilience

In the first half of the year, the scale of my country's foreign trade reached 19.8 trillion yuan. The growth rate of foreign trade dropped from 0.1% in April to a rapid rebound in May and June, reaching 9.5% and 14.3% respectively. The "V"-shaped repair curve in the first half of the year showed The strong development resilience of my country's foreign trade is particularly evident in areas affected by local epidemics in the early stage.

In the first seven months, the total import and export of the three provinces and one city in the Yangtze River Delta region increased by 11.7% year-on-year, 2.5 percentage points faster than the growth rate in the first half of the year; in July, it increased by 25.7% year-on-year, contributing more than 50% to the growth of national foreign trade.

With the implementation of the national package of policies and measures to stabilize the economy, the vitality of foreign trade market players has been effectively stimulated. In the first half of the year, there were 506,000 foreign trade enterprises with import and export performance in my country, a year-on-year increase of 5.5%. Among them, the status of the main force of private enterprises was more consolidated, with import and export of 9.82 trillion yuan, an increase of 13.6%, accounting for 49.6% of the total value of my country's foreign trade import and export, an increase of 1.9 percentage points year-on-year.

Exports of high-tech and high value-added products maintained rapid growth

Data show that in the first half of the year, my country's exports of electrical equipment, integrated circuits, automobiles and other mechanical and electrical products increased by 24.8%, 16.4%, and 51.1% respectively.

Exports of high-tech and high value-added products maintained rapid growth,

The competitiveness of foreign trade export products has been continuously improved. In the first half of the year, FAW, BYD, and Tesla's Shanghai factories frequently reported good export reports. New energy vehicles have become an "accelerator" for my country's auto exports.

China Railway Engineering Equipment Group Co., Ltd., a leading enterprise in the roadheader industry, actively explores the international market. In the first half of this year, the value of new contracts signed overseas increased by 75% year-on-year, and it has successively received overseas orders for the Yongin Cable Tunnel in South Korea, the Hamburg Thermal Energy Project in Germany, and the Bangkok Water Supply Project in Thailand.

On the basis of stabilizing the fundamentals of foreign trade, my country's foreign trade structure has been continuously optimized, and the "quality" has more gold content.

Adhering to the expansion of opening to the outside world, positive progress has been made in market diversification

A century of changes has superimposed the epidemic of the century, and economic globalization has encountered adverse currents. my country insists on expanding opening up, and the diversification of the market has made positive progress, which has also added new impetus to stabilize foreign trade.

According to customs statistics, in the first half of this year, my country's imports and exports to ASEAN, the European Union and the United States were 2.95 trillion yuan, 2.71 trillion yuan and 2.47 trillion yuan respectively, an increase of 10.6%, 7.5% and 11.7% respectively. During the same period, my country's imports and exports to countries along the "Belt and Road" and RCEP trading partners increased by 17.8% and 5.6% respectively.

The 131st Canton Fair held in April attracted 536,000 overseas buyers from 228 countries and regions to register and visit the exhibition, the number of which hit a record high; More than 2,800 brands from more than 60 countries and regions participated in the exhibition; at the press briefing on the 100-day countdown to the opening of the 5th China International Import Expo, the relevant departments stated that the contracted area of the 5th China International Import Expo's enterprise exhibition reached 85% of the planned area. %, among the contracted exhibitors, there are more than 270 Fortune 500 and industry leaders.

If you do not reject the flow of people, you will be the river and the sea. my country is in a new round of promoting high-level opening up, exploring development opportunities and enhancing development resilience, so as to unblock the domestic and international dual circulation and promote the construction of a new development pattern.