Since the beginning of this year, China has adhered to the general tone of striving for progress while maintaining stability, and accelerated the construction of a new development pattern. The national economy is moving forward with tenacity and prosperity, and foreign trade is growing strongly and steadily. In the first half of the year, China’s foreign trade maintained a good running trend, and the stable scale and excellent structure achieved remarkable results, showing four bright spots of “stability, innovation, vitality and integration”.
According to data released by the General Administration of Customs, in the first half of this year, the import and export of goods in China was 25.47 trillion yuan, up 16.9% year-on-year. Among them, the export was 14.73 trillion yuan, an increase of 13.4%; Imports reached 10.74 trillion yuan, an increase of 22.1%.
The scale is “stable”. In the first half of the year, China’s import and export scale exceeded 25 trillion yuan for the first time in the same period, an increase of 3.68 trillion yuan over the same period last year; From a monthly perspective, it exceeded 4 trillion yuan for four consecutive months, of which the import and export in June was 4.78 trillion yuan, a year-on-year increase of 24.2% and a continuous increase of 17 months.
The power is “new”. China’s electronic components, computer parts and other computing hardware import and export in the first half of the year was 5.13 trillion yuan, an increase of 56.6%. Intelligent products such as AI glasses, AI translators and mechanical exoskeletons are rapidly iterating, and various innovative products are constantly emerging.
The subject is alive. In the first half of the year, 267,000 foreign trade enterprises expanded their business to new countries and regions, and the total import and export value increased by 22.6%, accounting for nearly 70% of the total foreign trade value.
Internal and external “melting”. At present, China has implemented a zero tariff policy for 63 countries. In the first half of the year, the import and export of 31 FTA partners increased by 28.1%, accounting for 46.5% of foreign trade. The comprehensive bonded zone has given full play to its unique function of connecting domestic and international markets and resources and its advantages of policy integration. In the first half of the year, the import and export volume was 4.34 trillion yuan, an increase of 28.2%.
In the first half of the year, in terms of export, the precise adaptation of China manufacturing to various global demands and the stable supply chain are becoming the key hubs connecting all parties in the world for win-win cooperation.
As the main force of China’s foreign trade, private enterprises imported and exported 14.53 trillion yuan in the first half of the year, up 17%, accounting for 57% of the country’s total import and export value.
The core competitiveness of private enterprises in China lies in independent innovation. Facing the global green and digital development trend, the export of high-tech products of private enterprises increased by 35.9% in the first half of the year. The export of “new three kinds” increased by 45.8%, and private enterprises have become an important supply force for global green transformation.
Source: Qianlong Net
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