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What does the "rosy" foreign trade import and export data from the first four months indic

2023-05-16

The General Administration of Customs recently released import and export data, showing that in the first four months of this year, China's total import and export value of goods trade reached 13.32 trillion yuan, a year-on-year increase of 5.8%. Seizing opportunities, adjusting the structure, and exploring new paths, foreign trade has become prosperous, reflecting the confidence of China's economy.

Emerging markets are becoming new opportunities for China's foreign trade, and many foreign trade enterprises are actively targeting emerging markets to "increase their leverage". Statistics show that, with the steady progress of high-level opening up, the level of economic and trade cooperation between China and countries along the "the Belt and Road" has been constantly improving. According to import and export data, in the first four months, China's total import and export growth rate to countries along the "the Belt and Road" was 10.2 percentage points higher than the overall growth rate, accounting for 34.6%.

Located in Zhili Town, Wuxing District, Huzhou City, Zhejiang Province, Delfa Elevator Co., Ltd., staff are in contact with foreign trade business. This company is a large-scale professional elevator enterprise that integrates elevator design, research and development, manufacturing, sales, installation, and maintenance. Import and export data shows that since the beginning of this year, orders from Russia, Southeast Asia and other regions have increased by more than 10%, and export volume has increased by 13.54%.

In recent years, the dual pilot program of "cross-border e-commerce+market procurement" has settled in Zhili Town. Driven by the continuous release of policy dividends and the government's active efforts to bridge and organize key foreign trade enterprises to participate overseas, Zhili Town has significantly accelerated its pace of foreign trade exports and rapidly released production capacity.

It is worth noting that the "rosy" foreign trade performance is not simply due to the accumulation of quantity, but also due to the increasing proportion of high value-added products. According to import and export data, in the first four months, China exported 4.44 trillion yuan of mechanical and electrical products, a year-on-year increase of 10.5%, accounting for 57.9% of the total export value. Among them, driven by the export of new energy vehicles, the export value of automobiles increased by 120.3%.

After a long period of 'accumulation', China's automobile exports have reached an explosive stage, especially in the East China region represented by Shanghai. The new energy vehicle industry has formed an industrial cluster, thereby forming a scale effect for automobile exports. "said Cui Dongshu, Secretary General of the National Passenger Car Market Information Joint Conference.

The success of foreign trade cannot be separated from the active exploration of export channels.

On the evening of April 22nd, with a long whistle, the 100th train of the "China Europe Railway Shanghai", loaded with 55 containers of goods such as air conditioning, forklifts, and polyester printed fabric, slowly departed from Minhang Station on the Shanghai Railway in the darkness.

According to import and export data, since its operation on September 28, 2021, the "China Europe Express Shanghai" has achieved full coverage of the three main routes: the China Europe Line, the China Russia Line, and the Central Asia Line, with a total of 24 countries in Europe and 5 countries in Asia.

The continuous increase in train routes has also expanded the range of logistics options for our import and export enterprises, "said Wang Jinqiu, Chairman of Shanghai Oriental Silk Road Multimodal Transport Co., Ltd., a China Europe train platform enterprise.

We will continue to leverage the advantages of the 'doorstep' customs, coordinate with the railway department to implement 'priority grouping and shipping' for export trains, optimize and solidify convenience measures such as' early declaration ',' appointment inspection ', and' independent choice of customs clearance mode ', and help build a brand of high-quality goods for China Europe trains, "said Dali, Deputy Customs Director of Shanghai Customs Station.


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