China's total import and export volume exceeded 20 trillion yuan in August

In the first eight months, Hubei exported 8.24 billion mechanical and electrical products, 23.38 billion labor-intensive products such as textiles and clothing; Guangdong's total value of foreign trade imports and exports was 4.51 trillion yuan, and high-tech products continued to be favored overseas, with the export of integrated circuits growing by 64.8%; Jiangsu's exports of integrated circuits, portable computers and solar energy (batteries were 1096.8% respectively).

Facing the complex and severe external environment challenges, many enterprises have made good achievements in foreign trade by adopting diversified coping strategies, expanding diversified markets or enhancing core competitiveness, and the resilience of foreign trade development throughout the country has not diminished. Since this year, the Ministry of Commerce has promptly promoted the introduction of a new set of stable foreign trade policies and measures and vigorously implemented them. It has made every effort to create a legal, internationalized and convenient business environment, stimulate the vitality of market players, achieve positive results in the development of high-quality trade, and show a good momentum of stable quality in import and export. Under the impact of unilateralism and protectionism, the World Trade Organization (WTO) in April lowered its global trade growth forecast to 2.6% from 3.7% in the previous year. Nevertheless, from January to August this year, China's total import and export volume was 20.13 trillion yuan, an increase of 3.6%. Among them, exports increased by 6.1% to 10.95 trillion yuan, imports by 9.18 trillion yuan to 0.8% and trade surplus by 1.77 trillion yuan to 46%.

From the international comparison, according to the latest data from the World Trade Organization (WTO), in the first half of the year, the growth rate of our exports was higher than that of the major economies as a whole. From the perspective of trade types, in the first eight months, China's general trade imports and exports increased by 5.4% to 12.03 trillion yuan, accounting for 59.8% of China's total foreign trade value, an increase of 1 percentage point over the same period last year. The import and export of bonded logistics amounted to 2.31 trillion yuan, an increase of 9.9%, accounting for 11.5%. Among them, exports amounted to 767.97 billion yuan, an increase of 14%, while imports amounted to 1.55 trillion yuan, an increase of 8%.

The foreign trade achievements of all parts of the country have made steady progress. According to the statistics of Wuhan Customs, in August, the total import and export value of Hubei Province was 35.59 billion yuan, of which 22.39 billion yuan was exported and 13.2 billion yuan was imported. The annual growth rates were 15.1%, 14.5% and 16.1% respectively. The monthly import and export value reached a new high in the year. Private enterprises accounted for half of the total imports and exports, and contributed the most to the growth of foreign trade in Hubei Province. The import and export of private enterprises in Hubei Province amounted to 123.18 billion yuan, accounting for 51.6% of the total value of foreign trade in the province, and contributed 77.1% to the growth of foreign trade in the province. The EU, ASEAN, the United States and Japan are the top four trading partners of Hubei Province, accounting for 49.3% of the total foreign trade value of the province. The number of imports and exports of the countries along the belt and road has increased by 67 billion 940 million yuan, an increase of 21.2%. Exports of mechanical and electrical products and labor-intensive products in Hubei Province have maintained growth. Export of mechanical and electrical products is 802.44 billion yuan, export of textile and clothing and other seven categories of labor-intensive products 23.38 billion yuan.

Yunnan Statistical Bureau issued a news that the total import and export volume of Yunnan Province reached 146.65 billion yuan in January-August, an increase of 19.7% over the same period last year, 16.1 percentage points higher than that of the whole country. Among them, exports totaled 63.29 billion yuan, an increase of 31.8% over the same period last year; imports totaled 83.36 billion yuan, an increase of 12% over the same period last year.

"Sichuan should adjust its structure and transform its way to develop foreign trade." At a press conference held by the Sichuan Business Department, Liu Xin, director of the Sichuan Business Department, said that in 1978, the total import and export volume of goods in Sichuan Province was only US$0.4 billion. In 1991, the total import and export volume of goods in Sichuan Province reached US$1 billion. In 2006, it jumped to US$10 billion. In 2018, the total volume reached US$90 billion. In addition to service import and export, it has exceeded US$100 billion Guan. There are more than 5,000 foreign trade enterprises and more than 5,600 export products.

The statistical data show that more than 127,000 foreign-invested enterprises have been examined and approved in Sichuan Province, and the actual foreign investment in place has jumped from $267,000 in 1985 to $9.02 billion in 2018. There are 352 top 500 enterprises in Laichuan, of which 247 are overseas top 500, ranking first in the central and Western regions. Foreign-invested enterprises, which account for 1% of the total number of enterprises in the province, contribute about 14% of the tax revenue and 68% of the import and export volume. Intel, Foxconn, Dell, FAW and other well-known enterprises at home and abroad have invested in Sichuan, and Ziguang IC International City, Beijing Oriental Sixth Generation Line and a number of more than 10 billion projects have landed. Exports in the central and western regions increased by 13.8% on September 18. The juice train of Chang'an (Xi'an-Moscow) from Xi'an Port-Xi'an Railway Container Center Station departed with 1200 tons of Shaanxi concentrated apple juice. It was the first time that Chang'an was exported to Russia.

The 1200 tons of concentrated apple juice transported by Chang'an Juice of Central Europe Banlie came from Fuping County, a high-quality apple producing area in Shaanxi Province. The train will go all the way northward from Manzhouli Port to Moscow, Russia. It will run for about 12 days. According to reports, apple juice exports used to be transported by rail to Qingdao Port (8.100, 0.00, 0.00%), Tianjin Port (6.250, 0.00, 0.00%) and then to Europe by sea, which took more than 40 days. Now, it only takes 12 days, and the time is shortened, greatly reducing logistics costs. Shaanxi is the largest area where apples are planted in succession in the world. One cup of apple juice comes from Shaanxi every three cups. Tang Yugang, deputy director of Shaanxi Commerce Department, said that around the needs of enterprises, the China-Europe Banliang Chang'an has launched cross-border e-commerce special trains and used car export special trains. It has constructed a large commercial and trade logistics corridor and a whole network logistics system for Shaanxi and Xi'an, which is characterized by "land-sea interaction, East-West mutual assistance and multi-mode seamless convergence". Push forward the development of Shaanxi pivotal economy, portal economy and mobile economy. According to the data of the Department of Commerce, the trade mode is optimized and the general trade remains strong and resilient, with the export increasing by 9.4%, accounting for 1.8% to 58.8% higher than that of the same period last year.