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    The Development Of Foreign Trade Has Entered A New Normal.

    2016/1/17 21:20:00 52

    Foreign TradeNew NormalMarket Quotation

    Huang Songping, spokesman of the General Administration of Customs of China, said that in 2015, the overall recovery of the global economy was weak, and the pressure of domestic economic downturn was relatively large, and the development of foreign trade entered a new normal.

    China Customs statistics, 2015 China

    trade in goods

    The total value of imports and exports was 24 trillion and 590 billion yuan, down 7% from 2014.

    Among them, exports of 14 trillion and 140 billion yuan, down 1.8%; imports 10 trillion and 450 billion yuan, down 13.2%; trade surplus of 3 trillion and 690 billion yuan, 56.7% expansion.

    The structure of export commodities was further optimized: in 2015, the mechanical and electrical products of Greater China were 8 trillion and 150 billion yuan, growing 1.2%, accounting for 57.7% of the total export value, up 1.7% from 2014.

    In the same period,

    textile

    Clothing, bags,

    footwear

    The total export value of 7 categories of labor-intensive products, such as toys, furniture, plastic products and so on, was 2 trillion and 930 billion yuan, down 1.7%, accounting for 20.7% of the total value of exports. Among them, exports of toys, furniture, bags and plastic products kept growing.

    Over the same period, China's export prices fell by 1%, or less than the overall decline in import prices over the same period.

    In 2015, the mainland trade price index was 112.1, indicating that a certain number of Chinese exports could be exchanged for more than 12.1% of imports, that is, China's trade price conditions improved significantly and foreign trade benefits improved.

    In December 2015, China's foreign trade export index was 31.2, down 0.8 from November, indicating that China's export pressure is still relatively large in the first quarter of 2016.

    At the same time, there are still difficulties in the development of China's foreign trade.

    For example, in 2015, the bilateral trade between the mainland and the European Union and Japan decreased by 7.2% and 9.9% respectively, and the import and export of foreign investment enterprises and state enterprises decreased by 6.5% and 12.1% respectively, and the import and export of processing trade dropped by 10.6%.


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