In The First Quarter, China'S Total Import And Export Value Increased By 13.3% Year On Year

Beijing, New Zealand, April 13 (Xinhua) Li Kuiwen, spokesman of the General Administration of customs and director of the Department of statistics and analysis, pointed out on the 13th that the import and export of China's foreign trade started smoothly, with a total import and export value of goods of 9.42 trillion yuan, an increase of 10.7% year-on-year.

On the 13th, the office of the State Council of the people's Republic of China held a press conference on the import and export situation in the first quarter. Li Kuiwen said that in the first quarter of this year, the overall economic operation remained within a reasonable range, and foreign trade import and export started smoothly. According to customs statistics, China's total value of imports and exports of goods in the first quarter of this year was 9.42 trillion yuan, an increase of 10.7% year-on-year. Among them, exports reached 5.23 trillion yuan, an increase of 13.4%; Imports were 4.19 trillion yuan, an increase of 7.5%.

Li Kui Wen mentioned that there are five characteristics in the specific analysis

First, the proportion of general trade import and export increased. In the first quarter, China's general trade import and export reached 5.95 trillion yuan, an increase of 13.9%, accounting for 63.2% of China's total foreign trade import and export, an increase of 1.8 percentage points over the same period last year; Among them, exports reached 3.28 trillion yuan, an increase of 17.9 percent; Imports were 2.67 trillion yuan, an increase of 9.3%. Over the same period, China's processing trade import and export reached 1.99 trillion yuan, an increase of 4.2%.

Second, imports and exports with major trading partners increased. In the first quarter, China's import and export with ASEAN, the European Union, the United States, South Korea and Japan reached RMB 1.35 trillion, 1.31 trillion, 1.18 trillion, 574.18 billion and 571.03 billion respectively, an increase of 8.4%, 10.2%, 9.9%, 12.3% and 1.8% respectively. Over the same period, China's import and export to countries along the belt and road and RCEP trading partners increased by 16.7% and 6.9% respectively.

Third, the main body of foreign trade operation has sufficient import and export toughness. In the first quarter, there were 432000 foreign trade enterprises with import and export performance, up 5.7% year-on-year. Among them, the import and export of private enterprises reached 4.52 trillion yuan, an increase of 14.1%, accounting for 48%, with a year-on-year increase of 1.4 percentage points. Over the same period, the import and export of foreign-invested enterprises reached 3.38 trillion yuan, an increase of 5.8 percent; The import and export of state-owned enterprises reached 1.5 trillion yuan, an increase of 14.5%.

Fourth, the export of major categories of products maintained a good trend. In the first quarter, China's export of mechanical and electrical products reached 3.05 trillion yuan, an increase of 9.8%, accounting for 58.4% of the total export value. The export of solar cells, lithium batteries and automobiles increased by 100.8%, 53.7% and 83.4% respectively. Over the same period, the export of labor-intensive products reached 900.05 billion yuan, an increase of 10.9%. Among them, the export of bags, shoes and toys increased by 24%, 20.4% and 16.9% respectively.

Fifth, the import of mechanical and electrical products and agricultural products has been running smoothly. In the first quarter, China imported 1.71 trillion yuan of mechanical and electrical products, an increase of 2.7%, accounting for 40.8% of the total import value. Among them, the import of integrated circuits, automatic data processing equipment and its parts, and electric manned vehicles increased by 12.4%, 14.9% and 15.7% respectively. Over the same period, China imported 336.25 billion yuan of agricultural products, an increase of 4.1%.

On the whole, China's foreign trade started steadily in the first quarter of this year, laying a good foundation for achieving the annual target, Li said. However, at the same time, we should also see that some unexpected factors in the current international and domestic environment exceed expectations, the external environment of foreign trade is becoming more and more severe and complex, and the development is facing many risks and challenges. In addition to the factors of higher foreign trade base last year, greater efforts should be made to achieve the goal of stabilizing foreign trade. While facing up to these difficulties and challenges, we should also realize that China's economy is strong in resilience, and its long-term good fundamentals will not change. China's foreign trade is still expected to maintain stable development.