According to the website of the Ministry of Commerce on June 12, from January to may, affected by the epidemic, China's import and export totaled 11.54 trillion yuan, down 4.9%. Among them, export was 6.2 trillion yuan, down 4.7%; import was 5.34 trillion yuan, down 5.2%.
In May, China's total import and export reached 2.47 trillion yuan, down 4.9%. Among them, export was 1.46 trillion yuan, up 1.4%; import was 1.01 trillion yuan, down 12.7%. From January to may, foreign trade operation mainly presents the following characteristics:
First, exports to emerging markets are better than the whole.
Exports to emerging markets fell 2.9%, a better decline than the overall 1.9 percentage points, accounting for an increase of 0.9 percentage points to 49.7%. Among them, exports to ASEAN increased by 2.8%, better than the overall growth of 7.5 percentage points, accounting for an increase of 1 percentage point to 15.1%. Exports to traditional markets fell 6.5% to 50.3%.
Second, the export share of private enterprises has increased.
The export of private enterprises decreased slightly by 0.3%, which was better than the overall 4.4 percentage points, showing strong resilience and vitality, accounting for 2.4 percentage points to 52.9%. The export of state-owned enterprises and foreign-funded enterprises decreased by 8.4% and 9.4% respectively.
Third, the export of mechanical and electrical products is better than the whole.
The export of mechanical and electrical products decreased by 4.0%, less than 0.7% of the total, accounting for 61.1%. Among them, exports of integrated circuits and computers increased by 14.5% and 1.8%. Labor intensive products were greatly affected by the overseas epidemic, and the total export of clothing, bags, shoes, toys, furniture and other products fell by 20.3%. Epidemic prevention materials have become the highlight of export growth. Masks led the growth of textiles by 25.5%, medical devices and traditional Chinese medicine by 33% and 8%.
Fourth, the export share of the central and western regions has increased.
The export of the central and western regions decreased by 0.2%, a better decline than the overall 4.5 percentage points, accounting for an increase of 0.8 percentage points to 18.4%. The export of the eastern region decreased by 5.7%, which was 1 percentage point deeper than that of the whole region, accounting for 81.6%.
Fifth, the import volume of major commodities increased and prices fell.
Commodity prices generally fell due to weak demand in the international market. The import prices of crude oil, natural gas, copper, coal and soybeans decreased by 21.2%, 14.7%, 6.3%, 4.7% and 1.7% respectively, and the import volume increased by 5.2%, 1.9%, 12.4%, 16.8% and 6.8% respectively. The fall in the prices of these commodities alone slowed down the growth rate of imports by three percentage points.
Since this year, in response to the impact of the epidemic on the development of China's foreign trade, the State Council has issued a series of policies and measures to stabilize foreign trade in a timely manner, mainly including improving export tax rebate policy, increasing foreign trade credit, increasing export credit insurance support, adding cross-border comprehensive test area, supporting export to domestic sales and other aspects. The Ministry of Commerce, together with all localities and departments, has paid close attention to the implementation of policies to help enterprises We will try to reduce the impact of the epidemic on foreign trade to a minimum.
At present, the global epidemic situation is still worsening, the number of new cases has reached a new high repeatedly, the world economy is in a serious recession, and the international demand is shrinking sharply. Although some countries and regions have been "unsealed with epidemic diseases", it will take time for demand recovery. China's foreign trade development faces a significant increase in uncertainties and instability factors, unprecedented risks and challenges, and further increases downward pressure.
Next, we will, in accordance with the decision-making and deployment of the Party Central Committee and the State Council, do a solid job in the "six stability" work, fully implement the "six guarantees" task, help foreign trade enterprises to overcome difficulties, protect markets and orders, ensure the stability of the supply chain of the industrial chain, run the 127th Canton Fair on the Internet, support the export of processing trade to domestic sales, accelerate the development of new trade formats such as cross-border e-commerce, and actively expand the development Export, promote high-quality development of trade, spare no effort to complete the target task of promoting stability and quality through import and export, and make positive contributions to the decisive victory of building a moderately prosperous society in an all-round way and winning the battle against poverty.
