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Bright Foreign Trade Data: Large Growth In Exports Along The "One Belt And One Way" Countries

2019/4/16 13:37:00 12227

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In April 12th, the General Administration of Customs released data. In the first quarter of this year, the total value of China's foreign trade imports and exports was 7 trillion and 10 billion yuan, an increase of 3.7% over the same period last year.

Among them, exports were 3 trillion and 770 billion yuan, an increase of 6.7%, imports of 3 trillion and 240 billion yuan, an increase of 0.3%, and a favorable balance of trade.

From the monthly data, the March foreign trade data are also very bright, exceeding expectations.

In March, China's foreign trade imports and exports amounted to 2 trillion and 460 billion yuan, an increase of 9.6%, which effectively stimulated the overall growth of foreign trade in the first quarter.

Exports were 1 trillion and 340 billion yuan, a big increase of 21.3%.

Another bright spot is that China's export growth to the countries along the "belt and road" is relatively large, and imports and exports grew by 7.8% over the same period last year, which is 4.1 percentage points higher than the overall growth rate of China's foreign trade.

Natural fiber extracted from wood and other raw materials is known for its environmental protection and durability. It has been a hot commodity in the international market.

After three years of research and development, a production enterprise in Yibin, Sichuan has successfully mastered the autonomous technology of the product. The new product quickly seized the market along the "one belt and one way" along the national market, and the export volume reached 3500 tons in the first quarter of this year.

Song Wei, the head of a fiber enterprise in Yibin, Sichuan Province, occupies 90% of the countries and regions along the "one belt and one road". Next, we will intensify our efforts to promote the development of markets in Europe, America and Japan.

Relying on the south passage and the rail sea multimodal pport mode, the goods of enterprises arrive directly from Guangxi and Qinzhou port from Yibin, and they will soon be pported to the countries along Southeast Asia.

Compared with the past Yangtze River water pport, more than half of the time has been saved. The inland area has opened a convenient access to the sea.

Chengdu customs belongs to Yibin customs officer Ye Chao: the enterprise can declare in Sichuan Yibin, Guangxi Qinzhou port release, goods follow, follow suit, follow along, the overall customs clearance time compression more than 58%.

Customs statistics show that in the first quarter, China's foreign trade and imports and exports along the "belt and road" countries were 2 trillion yuan, an increase of 7.8% over the same period, and the proportion increased by 1.1 percentage points.

Among them, China's imports and exports to Russia, Saudi Arabia and Egypt increased by 9.8%, 33.8% and 18.3% respectively.

Li Kuiwen, director of the Department of statistics and analysis of the General Administration of Customs: the potential of trade cooperation between China and the countries along the "belt and road" is continuing to be released. The proportion of China's trade volume to the total value of foreign trade is increasing year by year, and has become a new driving force for the development of China's foreign trade.

     

     

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