China News Service, September 9th. According to the Ministry of Commerce's website, from January to August, China's total import and export volume was 20.05 trillion yuan, down 0.6% year-on-year.

Among them, exports were 11.05 trillion yuan, an increase of 0.8%; imports were 9 trillion yuan, a decrease of 2.3%.

From an international comparison, China's import and export performance is also better than the average level of major global economies.

Data map: Ministry of Commerce of the People's Republic of China.

Image source: Visual China

  From January to August, foreign trade operations mainly showed the following characteristics:

  One is the prominent role of the "stabilizer" of private enterprises.

Private enterprises showed strong resilience and made outstanding contributions to stabilizing foreign trade. Exports increased by 8.3%, which increased the overall export growth rate by 4.2 percentage points, and their share increased by 3.8 percentage points to 54.9%.

  Second, the proportion of exports from emerging markets continued to increase.

The proportion of China's exports to emerging markets increased by 0.1 percentage point to 48.8%.

Among them, exports to ASEAN increased by 6.9%, and ASEAN has become China's largest trading partner.

  The third is to accelerate the development of export-oriented economy in the central and western regions.

The central and western regions have achieved success in undertaking the industrial gradient transfer from the eastern region. Exports increased by 6.8%, which was 6 percentage points higher than the overall growth rate, and its proportion increased by 1.1 percentage points to 18.6%.

  Fourth, the export of high-tech and high value-added products grew strongly.

The export of mechanical and electrical products increased by 2.1%, and its proportion increased by 0.7 percentage points to 58.5%.

Among them, the growth rate of exports of integrated circuits, home appliances, mobile phones and computers reached 14.7%, 14.1%, 8.9% and 8.4% respectively.

Driven by the export of anti-epidemic materials such as masks and gloves, the export of textiles and plastic products increased by 37.8% and 14.5%.

Labor-intensive products are greatly affected by the epidemic, and exports are relatively weak.

  Fifth, the industrial foundation is stable and general trade continues to strengthen.

General trade exports increased by 2.5%, driving the overall export growth rate by 1.5%, and its proportion increased by 1% to 59.6%.

Exports of processing trade fell by 6.6%, and its share fell by 2.1 percentage points to 26.9%.

  Sixth, new business formats such as cross-border e-commerce have become new bright spots in foreign trade growth.

The policy environment and business environment for new foreign trade formats have been continuously optimized, and the vitality of market entities has been continuously stimulated. Cross-border e-commerce and market procurement trade and exports have grown against the trend, both increasing by more than double digits.

  The person in charge of the Foreign Trade Department of the Ministry of Commerce stated that in the next step, the Ministry of Commerce will promote the establishment of a new development pattern with the domestic cycle as the main body and the domestic and international double cycles mutually promoting each other, coordinate the promotion of normalized epidemic prevention and control and business reform and development, and accelerate the cultivation of foreign trade. New business formats, stabilizing processing trade, actively expanding imports, carefully hosting the 128th Canton Fair and the 3rd China International Import Expo, focusing on ensuring market players, ensuring market share, ensuring the stability of the supply chain of the industrial chain, promoting the innovative development of foreign trade, and doing everything possible to stabilize Staying in the basic foreign trade and foreign investment, go all out to complete the annual goals and tasks.