Stable scale and excellent structure China’s foreign trade has maintained positive growth for four consecutive months.

　　Xinhua News Agency, Beijing, June 8th, The Economic Information Daily published an article on June 8th, titled "Stable Scale and Excellent Structure, China’s foreign trade maintained positive growth for four consecutive months". According to the article, the data released by the General Administration of Customs on June 7 showed that in the first five months of this year, China’s total import and export value was 16.77 trillion yuan, a year-on-year increase of 4.7%. Among them, exports were 9.62 trillion yuan, an increase of 8.1%; Imports were 7.15 trillion yuan, an increase of 0.5%; The trade surplus was 2.47 trillion yuan, an increase of 38%. Lu Daliang, director of the Statistics and Analysis Department of the General Administration of Customs, said that the series of policies and measures to stabilize the scale and optimize the structure of foreign trade have helped foreign trade operators to actively respond to the challenges brought about by the weakening external demand, effectively seize market opportunities, and promote China’s foreign trade to maintain positive growth for four consecutive months.

　　On the basis of steady growth in scale, there are still a series of structural highlights in China’s foreign trade that deserve attention. From the perspective of trade mode, general trade, as the main mode of China’s foreign trade, has increased the proportion of imports and exports. In the first five months, China’s general trade import and export was 11 trillion yuan, up 7%, accounting for 65.6% of China’s total foreign trade value, up 1.4 percentage points over the same period last year.

　　From the perspective of foreign trade subjects, the proportion of import and export of private enterprises exceeds 50%. In the first five months, the import and export of private enterprises was 8.86 trillion yuan, up 13.1%, accounting for 52.8% of China’s total foreign trade, up 3.9 percentage points over the same period last year.

　　From the perspective of major markets, China’s imports and exports to ASEAN and the European Union have maintained growth. In the first five months, ASEAN was China’s largest trading partner, and the total trade value between China and ASEAN was 2.59 trillion yuan, up 9.9%, accounting for 15.4% of China’s total foreign trade. The EU is China’s second largest trading partner, and the total trade value between China and the EU is 2.28 trillion yuan, up by 3.6%, accounting for 13.6%.

　　In the same period, China’s total import and export to countries along the Belt and Road was 5.78 trillion yuan, an increase of 13.2%. Among them, the export was 3.44 trillion yuan, an increase of 21.6%; Imports reached 2.34 trillion yuan, up 2.7%.

　　Behind the data is the real gain of the company. Recently, in the workshop of Juli New Materials Technology (Rizhao) Co., Ltd., a shaft welding wire is coming off the production line. This batch of orders of nearly 2 million yuan of welding materials, which have been expedited, will be exported to Romania, a country along the "Belt and Road" in batches after passing the customs inspection. "We and ‘ Belt and Road ’ Trade cooperation and exchanges between countries along the route have become more frequent and have become an important growth point for the company’s exports. " Qiao Jichun, general manager of the company, introduced. Since the beginning of this year, the company has made new gains in its business in countries and regions along the Belt and Road, such as Central and Eastern Europe, ASEAN and West Asia, and has expanded more than ten interested customers.

　　Pang Chaoran, an associate researcher at the Research Institute of the Ministry of Commerce, told reporters that the Regional Comprehensive Economic Partnership Agreement (RCEP) includes 10 ASEAN countries and 15 member countries including Australia, China, Japan, South Korea and New Zealand. Since its entry into force nearly one and a half years ago, the regional economic and trade potential has been continuously released. A few days ago, RCEP came into effect for the Philippines. So far, all 15 member countries in the agreement have completed the entry-into-force procedures, and the economic and trade cooperation in the region will continue to deepen. In addition, the construction of the "Belt and Road" is also progressing steadily, which provides more convenient conditions for Chinese foreign trade enterprises to explore the international market and will also become an important guarantee for the steady growth of foreign trade.

　　In addition, driven by the "new three kinds" of electric manned vehicles, lithium batteries and solar cells, in the first five months, China exported 5.57 trillion yuan of mechanical and electrical products, up 9.5%, accounting for 57.9% of the total export value.

　　Wang Qing, chief macro analyst of Oriental Jincheng, pointed out that automobile exports continued to be at a high level, and the transformation and upgrading of manufacturing industry was shaping new export momentum. In May, automobile (including chassis) exports continued the momentum of rising volume and price since the beginning of the year. This is mainly due to China’s "curve overtaking" in the field of new energy vehicles, and its export share in the global market, including developed markets such as Europe, is greatly increasing. At the same time, the export of lithium batteries and solar cells continued to grow rapidly in May, which showed that the transformation and upgrading of domestic manufacturing industry played an obvious role in promoting exports.

　　It is worth noting that the "new three kinds" are all mechanical and electrical products, and it is expected to maintain a good export growth. The Analysis of China’s Electromechanical Foreign Trade Situation in the First Quarter recently released by China Electromechanical Chamber of Commerce shows that in the past three years, factors such as demand release and order inflow, which have pushed China’s electromechanical exports to record highs, are undergoing obvious changes, and the global demand for electronic information products is sluggish and capacity transfer has led to a decrease in export volume. The export of emerging industries such as electric vehicles and photovoltaic products will continue to maintain a high prosperity and continue to release growth momentum. At present, the main automobile and photovoltaic enterprises are full of orders, and they are expanding production or deploying foreign investment in an orderly manner as planned, and their export growth is unabated.

　　Pang Chaoran further pointed out that in recent years, China’s economic transformation and upgrading have been accelerated, and the technical level of export products has been improved, and most "new track" industries have the first-Mover advantage. "These advantages are being transformed into the international competitiveness of China’s export-oriented industries and become an important force to promote the high-quality development of China’s economy."

　　Not only that, but the promotion of new formats and new models to foreign trade has become more and more obvious. According to data from the Ministry of Commerce, the number of cross-border e-commerce entities in China has exceeded 100,000. The vitality of cross-border e-commerce is constantly being released. Recently, on the cross-border e-commerce platform, stocking China summer appliances in advance has become a new hot spot. Statistics from Ali International Station show that from March to May this year, overseas buyers’ demand for air conditioners increased by more than 50% year-on-year, and fans also increased by more than 30% year-on-year. Among them, the "air conditioner that can generate electricity by itself" combined with photovoltaic+energy storage system is the most popular. In addition, the floor fan that is directly driven by solar panels and the desktop fan that can cool the water by adding water tanks are also popular.

　　Zhongshan Chunkai Electric has been deeply involved in Ali International Station for many years. The person in charge of the company said that in the past three years, the export orders of fans have increased by 10% every year. This year, European businesses are particularly sensitive to green energy, and solar fans and air conditioners have become new explosives.

　　Looking ahead, Pang Chaoran said that with the gradual gathering and growth of these new kinetic energy, China’s foreign trade is expected to achieve the goal of promoting stability and improving quality, and make more contributions to the high-quality development of the national economy. (Reporter Wang Wenbo)