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The Foreign Trade Report Card Of The First Four Months Is Released!

The "report card" of China's foreign trade was announced on May 9. What is the performance of my country's foreign trade import and export data? What does a trade surplus mean for economic development?

 

Exports maintain strong momentum

According to customs statistics, in the first four months of this year, my country's total import and export value was 13.32 trillion yuan, a year-on-year increase of 5.8%. Among them, exports were 7.67 trillion yuan, an increase of 10.6%; imports were 5.65 trillion yuan, an increase of 0.02%.

It is worth noting that in the first four months of this year, the proportion of my country's general trade imports and exports increased. The import and export of general trade was 8.72 trillion yuan, an increase of 8.5%, accounting for 65.4% of China's total foreign trade value, an increase of 1.6 percentage points over the same period last year. Among them, exports were 5.01 trillion yuan, an increase of 14.1%; imports were 3.71 trillion yuan, an increase of 1.8%.

 

The expansion of the trade surplus is conducive to the stability of the RMB exchange rate

Customs data show that from January to April, my country's trade surplus was 2.02 trillion yuan, an increase of 56.7%. What does the substantial increase in the trade surplus mean? How will it affect my country's economic development?

The so-called trade surplus is also called "trade surplus". It refers to the phenomenon that the export value of each country or region exceeds the import value within a certain period of time. It generally shows that a country's foreign trade is in a relatively favorable position, which actually shows that the competitiveness of our country's products is relatively strong, and it is also conducive to maintaining the stability of the RMB exchange rate in the future. At the same time, the trade surplus helps to stabilize my country's macroeconomic situation and promote the global flow of capital. It also represents the attractiveness of the Chinese market to foreign capital.

 

The proportion of import and export of private enterprises exceeds 50%

According to customs data, in the first four months, the import and export of private enterprises reached 7.05 trillion yuan, an increase of 15.8%, accounting for 52.9% of China's total foreign trade value, an increase of 4.6 percentage points over the same period last year. The import and export ratio of private enterprises exceeds 50%, which means that the benefits of the private economy are constantly improving, and it also shows that my country's early support policies for the private economy have been well released.

 

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