From Falling To Rising! China'S Exports Increased By 8.2% Over The Same Period In April.

Xinhua news agency, Beijing, May, 7 (reporter Liu Hongxia) after the two digit decline in the first quarter of last year, China's exports of goods trade resumed growth in April. Customs data released on 7 may show that China's exports grew by 8.2% over the same period in April.

Data show that in April, China's foreign trade import and export value of 2 trillion and 500 billion yuan, a slight decrease of 0.7% over the same period last year. Among them, exports were 1 trillion and 410 billion yuan, an increase of 8.2%; imports of 1 trillion and 90 billion yuan, a decrease of 10.2%; trade surplus of 318 billion 150 million yuan, an increase of 2.6 times.

In the past 4 months as a whole, China's foreign trade import and export value was 9 trillion and 70 billion yuan, down 4.9% compared with the same period last year, the decline narrowed by 1.5 percentage points compared with the first quarter. Among them, exports were 4 trillion and 740 billion yuan, down 6.4%; imports 4 trillion and 330 billion yuan, down 3.2%; trade surplus 415 billion 700 million yuan, 30.4% reduction.

From the perspective of trading partners, ASEAN continues to maintain its position as China's largest trading partner. In the first 4 months, the total trade volume between China and ASEAN was 1 trillion and 350 billion yuan, an increase of 5.7%, accounting for 14.9% of China's total foreign trade. The total trade volume between China and the EU is 1 trillion and 230 billion yuan, down 6.5%, accounting for 13.6% of China's total foreign trade. The total trade volume between China and the United States is 958 billion 460 million yuan, down 12.8%, accounting for 10.6% of China's total foreign trade. The total trade volume between China and Japan was 665 billion 680 million yuan, down 2.1%, accounting for 7.3% of China's total foreign trade. Over the same period, China's total imports and exports totaled 0.9% yuan, accounting for 30.4% of the total value of China's foreign trade and 1.7 percentage points of the total value of its imports and exports.

From the perspective of the main body of foreign trade market, the import and export of private enterprises in China in the first 4 months increased by 0.5%, accounting for 43.2% of China's total foreign trade, and 2.3 percentage points higher than the same period last year. As the main body of the largest foreign trade market, China's private enterprises show strong resilience.

Data show that exports of mechanical and electrical products and clothing decreased in the first 4 months of the year, and textile exports grew. Specifically, the export of mechanical and electrical products was 2 trillion and 790 billion yuan, down 5.9%, accounting for 58.8% of the total export value. Clothing exports 205 billion 100 million yuan, down 20.2%. Over the same period, the export of textiles including masks was 261 billion 300 million yuan, an increase of 5.9%.

Zhuang Rui, vice president of the International Economic Research Institute of the University of foreign trade and economics, said that the rebound in exports in April was a positive signal, showing the strong resilience of the Chinese economy and the strong demand made by the external market for China. However, a rebound in exports does not necessarily represent a long-term trend. The sharp decline in imports in April is worrisome. On the whole, China's foreign trade development is still facing a complex and grim situation, and the steady foreign trade work must be strengthened.