China's Foreign Trade Started Steadily And The Total Export Value In The First Two Months Hit A Record High_复制

2024-11-28 18:12:06

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According to data recently released by the General Administration of Customs, in US dollars, China's import and export volume exceeded US$411.2 billion in February this year, a year-on-year increase of 1.3%. At the press conference held by the State Council Information Office a few days ago, the relevant person in charge of the General Administration of Customs introduced that, from the trend point of view, based on weekly monitoring, China’s foreign trade imports and exports have stabilized significantly since February, and the last week of February has increased by more than the previous week. 15%. With the overall improvement of China's economic situation, the momentum of foreign trade's steady start in the first two months is expected to be maintained. Exports are better than expected

Data show that in February, China's imports reached US$197.2 billion, a year-on-year increase of 4.2%, ending the trend of year-on-year growth decline for four consecutive months; February's exports fell by 1.3% year-on-year, but compared with the previous three months. Significantly narrowed. "On the whole, the start is stable and the trend is positive." Yu Jianhua, director of the General Administration of Customs, said when introducing the development of foreign trade in the first two months of this year, "In terms of scale, the total export value in the first two months hit a record high, and the growth 0.9%, better than expected. The total value of imports and exports exceeded 6 trillion yuan, which is the second time in history."

 

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From the composition point of view, during the epidemic period, China took the lead in resuming work and production, and the export of anti-epidemic materials and "stay-at-home economy" products increased significantly, which raised the foreign trade base. "We have calculated that if the 'one-time factor' is excluded, the import and export growth in the first two months of this year will exceed 10%." Yu Jianhua said.
 

To help the recovery of foreign trade, the customs has introduced a series of measures. According to Yu Jianhua, in terms of ensuring smooth flow, as of December last year, the overall customs clearance time for imports and exports across the country has been reduced by 67% and 92% respectively compared with 2017; in terms of cost reduction, the customs supports enterprises to enjoy various preferential tax policies. 285 billion yuan in tax cuts and tax rebates for foreign trade enterprises; in terms of excellent services, we will carry out "customs chiefs to deliver policies to your door", innovate supervision models such as "release first and then inspect" bulk commodities, and "green channels" for agricultural and food products. 87 The catalog of legal inspections has been transferred out of various commodity codes, and the business environment of ports has been continuously optimized.
 

Yu Jianhua said that in view of the pain points and blockages of enterprises, the customs will also study new policy measures in terms of smooth import and export logistics, optimize the port business environment, reduce enterprise costs, and support the development of new formats, such as promoting the construction of smart customs, helping Enterprises should make full use of the preferential tariffs in RCEP and other free trade agreements.

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