日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's foreign trade sustains upward momentum under pressure

Xinhua | Updated: 2021-08-12 10:07
Share
Share - WeChat
An aerial view of a port in Nantong, Jiangsu province, on July 8, 2021. [Photo by Zhai Huiyong/for China Daily]

BEIJING -- China's foreign trade maintained an upward momentum in the first seven months of the year, although uncertainties of global economic recovery have put more pressure on the country's exports.

The country's total imports and exports expanded by 24.5 percent year-on-year to 21.34 trillion yuan (about $3.29 trillion) from January to July, showed data from the General Administration of Customs.

The figures showed the resilience of China's foreign trade, as it recorded double-digit growth even compared with the pre-pandemic level during the same period in 2019, said GAC official Li Kuiwen.

In July alone, the country's imports and exports rose by 11.5 percent year-on-year to 3.27 trillion yuan, representing a yearly increase in China's foreign trade for 14 consecutive months, customs data showed.

However, the figure represented a month-on-month decline of 0.8 percent. It indicates increasing pressure on exports, said Bai Ming, a researcher with the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce.

New rounds of COVID-19 outbreaks have brought uncertainties to world economic recovery, analysts said.

In Southeast Asia, one of the world's major manufacturing bases, countries such as Indonesia, Thailand, Vietnam, and Malaysia have been affected by the pandemic. Lockdown measures in some countries have led to increasing port congestion.

"Our products could not go out, and freight prices are on the rise all the time," said Dong Lili, deputy general manager of the marketing center of Zhejiang Wanma Macromolecule Materials Co Ltd.

The company's macromolecule materials for cables are mainly sold to the Association of Southeast Asian Nations, the Middle East, and South America. Ninety-five percent of these materials are shipped by sea.

High raw material prices, continuously rising logistics costs, and fluctuations in the RMB exchange rate also posed challenges to foreign trade enterprises, said Bai.

With increasing vaccination rates and gradual restoration of productivity worldwide, foreign countries have become less dependent on China's production capacity, said Bai.

It is also one of the reasons for the decline of exports, Bai said.

But these challenges have not dampened the vitality of China's foreign trade.

In the first seven months, imports and exports of private enterprises rose by 31 percent year-on-year, accounting for 47.9 percent of the country's total. It is up by 2.4 percentage points year-on-year.

Positec Technology (China) Co Ltd which produces electrical tools, received 30 percent more orders in July compared to June.

The company's major customers in the United States increased by about 32 percent, and those in Europe increased by about 28 percent as foreign customers stocked up in advance for Black Friday and the Christmas season.

Chinese foreign trade enterprises have also embraced changes to seize development opportunities.

While continuing to transport products through sea shipping, Positec Technology (China) Co Ltd also sent products to Europe through China-Europe freight train services in April this year. The company has also been actively developing its cross-border e-commerce business.

Facing challenges and uncertainties from the pandemic, Chinese foreign trade companies remained cautiously optimistic.

Dong sees opportunities to introduce cable materials from Zhejiang Wanma Macromolecule Materials Co Ltd into the relatively exclusive foreign market and expects these exports to rise slightly throughout the year.

Tu Xinquan, a professor at the University of International Business and Economics, said China's role in maintaining the stability of global industrial and supply chains is irreplaceable.

The risks and challenges currently facing China's foreign trade generally come from outside. It is forcing foreign trade enterprises to accelerate transformation and upgrading, seize the opportunity of the global industrial chain and supply chain reconstruction, and grasp the development trend of new business in foreign trade, said Tu.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 久久久88| 麻豆国产一区二区三区四区 | 天天爽夜夜爽人人爽 | 成人综合色站 | 丰满漂亮的日本岳 | 亚洲小视频 | 69精品久久| 天堂va蜜桃一区二区三区 | 日韩av大片 | 欧美亚洲视频 | 天天爽爽| 中文字幕日韩一区 | 日本黄色免费大片 | 国产精品久久毛片 | 欧美精品中文 | 视频在线亚洲 | 久久在草 | 国产精品综合久久久久久 | 欧美蜜桃网 | 殴美一级黄色片 | 国产综合自拍 | 五月婷婷在线观看视频 | 国产视频分类 | 狠狠成人 | 久久久久综合 | 国产69精品久久 | 五月婷婷一区二区 | 先锋久久| 日韩午夜激情 | 日本久久精品 | 免费看一级黄色大片 | 日韩午夜在线 | 日韩成人中文字幕 | 欧美顶级黄色大片免费 | 99久热 | 欧美日韩久久久久久 | 久久午夜视频 | 日本黄色不卡视频 | 日本精品久久久久 | 六月丁香久久 | 黄色你懂的 |