Domestic Manufacturing Investment Will Slow Down And Export Slowdown Will Be Curbed.

Recently, the responsible person of the Ministry of Commerce said at a regular press conference that although the uncertainties and unstable factors facing China's foreign trade development are still many, the trend of foreign trade stabilization has not changed, and the trend of the adjustment of foreign trade structure and the acceleration of power pformation has not changed.

According to the data released by the General Administration of Customs on 8, in November, the total value of China's imports and exports was 2 trillion and 350 billion yuan, up 8.9% over the same period last year.

Among them, exports were 1 trillion and 320 billion yuan, an increase of 5.9%; imports of 1 trillion and 30 billion yuan, an increase of 13%; trade surplus of 298 billion 110 million yuan, narrowed 12.9%.

The survey data released by the General Administration of customs also showed that in November, China

The export lead index was 36.9, up 1.3 from the previous month, indicating that the pressure on China's foreign trade exports is expected to ease at the beginning of next year.

According to the Internet survey, China's export manager index rose 0.8 to 40 in the same month, the new export orders index and the manager confidence index rose by 1.8, 0.7 to 41.3, 45.5 respectively, and the composite cost index of the enterprises dropped 1.9 to 25.5.

Customs statistics show that before November, China's general trade import and export 12 trillion and 20 billion yuan, an increase of 0.5%, accounting for 55.1% of our total foreign trade, representing a 0.9 percentage point increase over the same period last year.

In the same period,

Imports and exports were 6 trillion and 570 billion yuan, down 5.7%, accounting for 30.1% of our total foreign trade, down 1.4 percentage points from the same period last year.

Before November, the import and export of private enterprises was 8 trillion and 370 billion yuan, an increase of 3.5%, accounting for 38.3% of our total foreign trade, which was 1.7 percentage points higher than that of the same period last year.

Customs analysts said that in the first half of November, China's general trade import and export increased slightly, the proportion increased, and the import and export of processing trade declined, indicating that China's ability to develop its own foreign trade has been continuously enhanced, and the structure of trade patterns has been optimized.

The growth and proportion of private enterprises' imports and exports showed that the vitality of foreign trade increased.

Private enterprises have become the "fast forward" of steady growth and structural adjustment of foreign trade.

Customs statistics show that in the first November, EU, ASEAN, Japan and so on.

Import and export growth has declined to the US import and export.

The EU is China's largest trading partner. The total trade volume between China and Europe is 3 trillion and 260 billion yuan, an increase of 3.1%, accounting for 14.9% of our total foreign trade.

The United States is the second largest trading partner of China, and the total trade volume between China and the United States is 3 trillion and 80 billion yuan, down 1.7%.

ASEAN is the third largest trading partner of China, and the total trade volume with ASEAN is 2 trillion and 660 billion yuan, an increase of 0.8%, accounting for 12.2% of our total foreign trade.

Customs statistics show that before November, China's mechanical and electrical products exported 7 trillion and 180 billion yuan, down 1.8%, accounting for 57.6% of the total value of exports.

Clothing, textiles, furniture, footwear, plastic products, bags, toys and other seven types of labor-intensive products total exports 2 trillion and 600 billion yuan, down 1.5%, accounting for 20.9% of the total value of exports.

Among them, the former exported 108 billion 500 million yuan in November, an increase of 21.6%.

In addition, 720 thousand car exports, an increase of 7.1%.

Imports, iron ore, crude oil, coal and other commodities imports increased.

Among them, 9.35 million tons of iron ore imported, an increase of 9.2%, 3.45 million tons of crude oil, an increase of 14%, and coal of 2.29 million tons, an increase of 22.7%.

PMI, released by the China logistics and purchasing Federation and the State Statistical Bureau's service industry survey center, showed that the new export orders index in November was 50.3%, an increase of 1.1 percentage points from last month, and an import index of 50.6%, an increase of 0.7 percentage points from last month.

It can be predicted that with the domestic manufacturing investment being moderately accelerated and employment stable, China's trade in goods will decline in the future.

It is worth noting that in November, the trade surplus was US $44 billion 610 million, down from US $49 billion 56 million last month.

As domestic demand stabilizes and commodity prices pick up, the recent high surplus is squeezed.

For more information, please pay attention to the world clothing shoes and hats net report.