China News Service, October 18th. According to the website of the Ministry of Commerce, the person in charge of the Foreign Trade Department of the Ministry of Commerce said today when talking about the operation of China’s foreign trade from January to September 2021. The value of exports, exports, and imports were 28.33, 15.55, and 12.78 trillion yuan, respectively, hitting a record high in the same period in history.
Among them, the monthly import and export in September was 3.53 trillion yuan, a new monthly high.
Data map: container terminal.
Photo by Zhang Yin
The person in charge pointed out that from January to September, the main operating characteristics of China's foreign trade are as follows:
First, the
scale and share reached a new high
.
In terms of scale, from January to September, in RMB terms (the same below), the value of
imports and exports, exports, and imports were 28.33, 15.55, and 12.78 trillion yuan, respectively, setting a record high for the same period in history.
Among them, the monthly import and export in September was 3.53 trillion yuan, a new monthly high.
In terms of growth rate, imports and exports, exports, and imports increased by 22.7%, 22.7% and 22.6% respectively year-on-year, all of which were the highest levels in 10 years.
In terms of share, according to the latest data from the World Trade Organization, China’s export market share in the first half of the year increased by 0.9 percentage points year-on-year to 14.6%. Chinese products have met the production and life needs of people in all countries and regions.
The second is the
continuous optimization
of the
structure and the improvement of quality and efficiency.
Emerging markets have closer trade ties with China.
The share of imports and exports increased by 0.7 percentage points from the same period last year to 59.9%.
ASEAN remains my largest trading partner.
The growth rate of China's imports and exports to Latin America and Africa was 11.7 and 5 percentage points higher than the overall growth rate respectively.
The role of the main force of private enterprises has become more prominent.
In the first three quarters, 142,400 new foreign trade operators were registered, of which private entities accounted for 94.5%.
The import and export of private enterprises increased by 28.5%, 5.8 percentage points higher than the overall rate, and their proportion increased by 2.2 percentage points to 48.2%.
The export of high-tech and high value-added products is strong
.
The export of mechanical and electrical products increased by 23%, and its proportion increased by 0.2 percentage points to 58.8%, which drove the overall export growth rate by 13.5 percentage points.
Among them, exports of mobile phones, household appliances, automobiles, and ships increased by 14.4%, 20.2%, 107% and 37.6% respectively.
The third is the
innovative development
of business
formats and enhancement of platform functions.
New momentum for foreign trade development continued to gather
. Cross-border e-commerce import and export and market procurement export increased by 20.1% and 37.7% respectively. The number of overseas warehouses exceeded 2,000, covering an area of over 16 million square meters.
About 130 bonded maintenance projects have been completed, covering many fields such as aerospace, shipbuilding, and precision electronics.
The functions of various foreign trade agglomeration areas have grown
, and 105 foreign trade transformation and upgrading bases have been newly identified this year, becoming an important platform for the organic integration of industry and trade.
Identified the first batch of 13 national processing trade industrial parks to promote the central and western and northeastern regions to participate in the international cycle and improve the level of open economy.
The fourth is to
strengthen the leading role to support domestic economic growth and global recovery
.
From a domestic perspective, the rapid growth of foreign trade has strongly promoted the added value of upstream and downstream industries and manufacturing investment, helped stabilize employment, increased residents' income and consumption recovery, ensured the supply of energy resources and important raw materials, and strongly promoted domestic economic growth.
From an international perspective, according to the latest WTO data, China’s international import market share in the first half of the year increased by 0.7 percentage points year-on-year to 12%, contributing 15% of the global import increase.
China's foreign trade has made important contributions to serving the global fight against the epidemic, ensuring the smooth operation of the global industrial chain and supply chain, and driving the recovery of global economic and trade.