Before July, China'S Total Import And Export Volume Was 11467 Billion &Nbsp, Down 22.7% From A Year Ago.

The Ministry of Commerce recently briefed the business situation from 1 to July.

Data show that in the first 7 months of this year, China exported 627 billion 100 million US dollars, down 22%, imports 519 billion 620 million US dollars, down 23.6%, and the surplus 107 billion 480 million US dollars, down 13.1%.

In July, the total value of imports and exports was 200 billion 210 million US dollars, down 19.4% from the same period last year, and the growth rate was 9.6%.

Of which, exports amounted to 105 billion 420 million US dollars, down 23% from the same period last year, a 10.4% increase in the ring ratio, and 94 billion 790 million US dollars in imports, down 14.9% from the same period last year, and the growth rate was 8.7%.

Yao Jian said, in general, China

Yao Jian said that since the beginning of this year, the external demand has seriously shrunk, foreign trade exports have continued to decline, and foreign trade imports have also declined due to the sharp decline in the prices of resource products in the international market.

Nevertheless, under the role of the state's macroeconomic regulation and control policy, China's export decline continued to narrow and its share in the international market increased. The import of important raw materials in China's imports increased significantly, all of which indicated that the competitiveness of Chinese enterprises and the ability to effectively utilize international resources were significantly improved.

China's foreign trade will continue to play an indispensable role in achieving the established growth target of the national economy this year.