In the first two months of this year, China’s imports and exports grew by 32.2%.


   General Administration of Customs: The growth rate was also around 20% compared with the same period in 2018 and 2019.

  News from this newspaper (Reporter Zhang Qin) The General Administration of Customs announced on March 7 that according to customs statistics, in the first two months of this year, my country's total import and export value of goods trade was 5.44 trillion yuan, an increase of 32.2% over the same period last year.

  Among them, exports were 3.06 trillion yuan, an increase of 50.1%; imports were 2.38 trillion yuan, an increase of 14.5%; the trade surplus was 675.86 billion yuan, compared with a deficit of 43.3 billion yuan in the same period last year.

  In terms of U.S. dollars, my country’s total import and export value was 834.49 billion U.S. dollars in the first two months, an increase of 41.2%.

Among them, exports were 468.87 billion U.S. dollars, an increase of 60.6%; imports were 365.62 billion U.S. dollars, an increase of 22.2%; the trade surplus was 103.25 billion U.S. dollars, and the deficit was 7.21 billion U.S. dollars in the same period last year.

  Among them, my country's foreign trade import and export amounted to 2.42 trillion yuan in February, an increase of 57%.

Among them, exports were 1.33 trillion yuan, an increase of 139.5%; imports were 1.09 trillion yuan, an increase of 10.3%; the trade surplus was 247.28 billion yuan, compared with a deficit of 426.65 billion yuan in the same period last year.

In terms of U.S. dollars, my country's foreign trade imports and exports in February were 371.83 billion U.S. dollars, an increase of 67%.

Among them, exports were 204.85 billion U.S. dollars, an increase of 154.9%; imports were 166.98 billion U.S. dollars, an increase of 17.3%; the trade surplus was 37.87 billion U.S. dollars, compared with a deficit of 61.94 billion U.S. dollars in the same period last year.

  analysis

  How to treat the "good start" in the off-season

  In the first two months, my country's import and export of goods achieved a "good start", among which exports performed particularly strongly.

  The intuitive feeling from the data is that my country’s "big advance" in the first two months of last year, but this year it is "big exports."

In fact, the same key word is inseparable from the transition between in and out-the new crown pneumonia epidemic.

  General Administration of Customs spokesperson Li Kuiwen said that due to the impact of the new crown pneumonia epidemic, imports and exports fell by 9.7% year-on-year in the first two months of last year. The low base is one of the reasons for the larger increase in the first two months of this year.

  "But even compared with the same period in 2018 and 2019, the growth rate of imports and exports in the first two months of this year was about 20%." He said.

  Tu Xinquan, Dean of the China WTO Research Institute at the University of International Business and Economics, believes that Chinese New Year in situ is another important factor in the surge in foreign trade, especially exports, this year.

  This is consistent with the perception of the reporter's previous research.

In previous years, January and February were around the Spring Festival, which was a low season for foreign trade in the traditional sense.

And this year, many factories are full of orders and neatly staffed, rushing to deliver goods.

  "China has resumed work and production in the normalized epidemic prevention and control." Tu Xinquan said, "The foreign trade performance in the first two months reflects from one aspect that the international market's demand for China is still strong, and China has provided a stable supply to the world. Role."

  From the perspective of trading partners, ASEAN continued to maintain its position as my country's largest trading partner in the first two months of this year.

The total value of trade between my country and ASEAN was 786.2 billion yuan, an increase of 32.9%, accounting for 14.4% of my country's total foreign trade value.

  The European Union, the United States, and Japan followed closely with my country's total imports and exports of 779.04 billion yuan, 716.37 billion yuan and 349.23 billion yuan, an increase of 39.8%, 69.6% and 27.4% respectively.

  During the same period, my country’s total imports and exports to countries along the “Belt and Road” was 1.62 trillion yuan, an increase of 23.9%.

  The growth of imports and exports to major trading partners and countries along the "Belt and Road" indicates that my country's continuous expansion of opening up has achieved tangible results. This has played an important supporting role in expanding my country's foreign trade development space and promoting continuous improvement in foreign trade.

  The data also shows that the growth and proportion of my country's private enterprises' imports and exports have increased significantly.

This shows that the resilience and vitality of my country's foreign trade market players continue to increase.

  Li Kuiwen said that the foreign trade achieved a "good start" in the first two months, marking a good start for the whole year.

It should also be noted that there are increasing unstable and uncertain factors in the international situation, the world economic situation is complex and severe, and the steady growth of foreign trade has a long way to go.

The reporter found in the survey that many foreign trade companies are still facing problems such as rising prices of raw materials, sharp increases in shipping costs, and “difficult to find one box” of containers.

  Industry insiders said that to promote the stability and quality of foreign trade this year, greater efforts must be made to strengthen credit support for small and medium foreign trade enterprises, expand the coverage of export credit insurance, and optimize the conditions for underwriting and claims.

At the same time, it is necessary to deepen the pilot program for facilitation of foreign exchange receipts and payments in trade, and while stabilizing processing trade, develop new business models and models such as cross-border e-commerce.

  Text/Xinhua News Agency

  Related

  10 million increase in 7 months

  A-share investors exceeded 180 million

  According to the latest data released by China Clearing, from January 1, 2020 to February 28, 2021, a total of 21,726,300 new investors were added to the securities market in my country.

As of the end of February 2021, the number of investors in the entire market was 181,478,700, which exceeded 180 million for the first time after exceeding 170 million in July 2020.

Among them, the number of natural person investors accounted for 99.77%, and the number of institutional investors accounted for 0.23%.

  Looking at the situation in a single month, in January this year, there were 2.0943 million new investors, an increase of 162% year-on-year; in February, there were 1.6094 million new investors, an increase of 80% year-on-year.

Since March last year, the number of new investors in a single month has exceeded one million for 11 consecutive months.

  Market analysts believe that investors’ active entry into the market shows their confidence in the capital market and is also a manifestation of the increased attractiveness of the stock market.

In 2020, the A-share market will show a strong profit-making effect. The Shanghai Composite Index rose by 13.87%, the Shenzhen Component Index rose by 38.73%, and the ChiNext Index rose by 64.96%.

As of December 31, 2020, the total market value of A shares has increased by 18.36 trillion yuan from the end of 2019, and the per capita market value has increased by 104,900 yuan.

  After the Spring Festival, the A-share market has undergone a certain degree of adjustment, but in terms of the ratio of daily rising and falling stocks, the number of falling limit stocks and other indicators, investor sentiment is relatively stable.

Chen Guo, chief strategy analyst at Essence Securities, believes that from an annual perspective, this year is still in the midst of a long bull. The underlying logic of the current A-share asset allocation and the two major trends of China's economic transformation and upgrading remains unchanged.

Text/Reporter Liu Shenliang

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