Effective stimulation of the vitality of foreign trade market subjects

On August 7, the General Administration of Customs released data showing that in the first seven months of this year, the total import and export value of China's goods trade was 23.6 trillion yuan, a year-on-year increase of 10.4%. Among them, the export was 13.37 trillion yuan, a year-on-year increase of 14.7%; Imports reached 10.23 trillion yuan, up 5.3% year-on-year.

In the first seven months of this year, China's foreign trade grew at a faster pace, with both quantity and quality rising, mainly showing the following characteristics--

The import and export of general trade increased and its proportion increased. In the first seven months, China's general trade imports and exports reached 15.17 trillion yuan, an increase of 14.5%, accounting for 64.3% of China's total foreign trade, an increase of 2.3 percentage points over the same period last year. China's imports and exports through bonded logistics reached 2.87 trillion yuan, an increase of 9.3%. Among them, exports were 1.08 trillion yuan, an increase of 15.6%; Imports were 1.79 trillion yuan, an increase of 5.9%.

From the single month data, in July, China's total import and export value was 3.81 trillion yuan, an increase of 16.6%. Among them, exports were 2.25 trillion yuan, an increase of 23.9%; Imports were 1.56 trillion yuan, an increase of 7.4%; The trade surplus was 682.69 billion yuan, an increase of 90.9%.

From the regional perspective, the foreign trade of the Yangtze River Delta region continued to recover rapidly. In the first seven months, the import and export of three provinces and one city in the Yangtze River Delta increased by 11.7% year-on-year, 2.5 percentage points faster than that in the first half of the year; In July, the year-on-year growth rate was 25.7%, and the contribution rate to the growth of national foreign trade exceeded 50%.

From the perspective of major trading partners, in the first seven months, ASEAN, the European Union, the United States and South Korea were China's top four trading partners, with imports and exports of 3.53 trillion yuan, 3.23 trillion yuan, 2.93 trillion yuan and 1.39 trillion yuan, up 13.2%, 8.9%, 11.8% and 8.9% respectively. ASEAN continues to be China's largest trading partner, accounting for 15% of China's total foreign trade.

Looking forward to the next stage, the fundamentals of China's economy with strong resilience, sufficient potential and long-term improvement remain unchanged. With the further implementation of the national package of policies and measures to stabilize the economy and the orderly progress of the resumption of work and production, China's foreign trade is still expected to maintain stable growth