Warmly celebrate the establishment of Xunda branch in Hebei and Guangdong

Column:Company News Time:2020-06-09
Warmly celebrate the establishment of Xunda branch in Hebei and Guangdong

The General Administration of Customs released the import and export of foreign trade from January to May this year. According to customs statistics, in the first five months, China's import and export value reached US $11000.09 billion, an increase of 44% over the same period last year (the same below). Among them, the export was US $567.74 billion, up 33.2%; the import was US $532.35 billion, up 57.5%; and the trade surplus was US $35.39 billion, down 59.9%.




The General Administration of Customs released the import and export of foreign trade from January to May this year. According to customs statistics, in the first five months, China's import and export value reached US $11000.09 billion, an increase of 44% over the same period last year (the same below). Among them, the export was US $567.74 billion, up 33.2%; the import was US $532.35 billion, up 57.5%; and the trade surplus was US $35.39 billion, down 59.9%.




In the first five months of this year, China's general trade import and export reached US $550.43 billion, an increase of 46.9%, 2.9 percentage points higher than the national import and export growth over the same period. Among them, the export was US $256.15 billion, an increase of 32.5%; the import was US $294.28 billion, an increase of 62.2%, 4.7 percentage points higher than the overall growth rate of the national import in the same period. The general trade deficit was US $38 billion 130 million, compared with us $11 billion 960 million in the same period of 2009. In the same period, China's processing trade import and export reached 429.76 billion US dollars, an increase of 39.4%. Among them, export reached US $269.92 billion, an increase of 32.9%; import reached US $159.84 billion, an increase of 51.8%. The trade surplus under processing trade reached US $110.08 billion, an increase of 12.6%, equivalent to 3.1 times of the overall surplus in the same period.




In bilateral trade with major trading partners, in the first five months of this year, the total value of bilateral trade between China and the EU reached 177.49 billion US dollars, an increase of 37.4%. Over the same period, the total value of bilateral trade between China and the United States reached US $138.68 billion, an increase of 28.2%. ASEAN has become the third largest trade partner of China by a weak advantage over Japan. According to customs statistics, in the first five months, the total value of bilateral trade between China and ASEAN reached US $111.8 billion, an increase of 57.5%. Among them, China's exports to ASEAN reached 52.7 billion US dollars, an increase of 46.2%; imports from ASEAN reached 59.1 billion US dollars, an increase of 69.1%; China's trade deficit with ASEAN reached 6.4 billion US dollars, compared with a trade surplus of 1.09 billion US dollars in the same period of 2009. Over the same period, the total value of bilateral trade between China and Japan reached US $111.56 billion, an increase of 38.8%. Among them, China's export to Japan reached 44.96 billion US dollars, an increase of 22.8%; its import from Japan reached 66.6 billion US dollars, an increase of 52.3%; its trade deficit with Japan reached 21.64 billion US dollars, an increase of twice.




Domestically, in the first five months of this year, Guangdong's total import and export value reached 279.37 billion US dollars, an increase of 34%. In the same period, the import and export value of Jiangsu, Shanghai and Beijing were US $174.29 billion, US $139.33 billion and US $119.47 billion respectively, up 50.1%, 43.6% and 65.7% respectively. In addition, the import and export value of Zhejiang, Shandong and Fujian were 94.75 billion, 69.9 billion and 40.59 billion US dollars respectively, up 41.4%, 42.5% and 45.6% respectively. The total import and export value of the above seven provinces and cities accounts for 83.4% of the total import and export value of the country.




Among the export commodities, the export of mechanical and electrical products has maintained a rapid growth, while the export growth of labor-intensive traditional bulk commodities has generally accelerated. According to customs statistics, in the first five months of this year, China's exports of mechanical and electrical products reached US $337.43 billion, an increase of 34.6%, 1.4 percentage points higher than China's overall export growth in the same period, accounting for 59.4% of China's total export value in the same period. Among them, the export of electrical and electronic products reached US $137.18 billion, an increase of 36%; the export of mechanical equipment reached US $114.17 billion, an increase of 33.9%. Over the same period, the export of traditional bulk commodities grew steadily, with the growth rate generally accelerating compared with the previous four months, including clothing export of US $41.65 billion, an increase of 13.1%; textile yarn, fabric and products export of US $28.56 billion, an increase of 29.7%; furniture export of US $12.69 billion, an increase of 26.6%.