General Administration of Customs: China's foreign trade has clearly improved

The General Administration of Customs recently announced that in November, after a 12-month sharp decline in China's total import and export value, the first year of the year achieved monthly growth, marking a marked improvement in China's foreign trade.

According to customs statistics, the total value of China's foreign trade imports and exports in November was US$208.21 billion, up 9.8% year-on-year and 5.4% quarter-on-quarter, of which exports were US$113.65 billion, down 1.2% year-on-year and 2.6% quarter-on-quarter. Imports reached US$94.56 billion, up 26.7% year-on-year and 9% quarter-on-quarter. Huang Yuping, deputy director of the Statistics Department of the General Administration of Customs, said that this is a turning point. Since November last year, China’s import and export trade has continued to decline. The more serious one is that in January this year, the decline reached 30%. China’s total import and export value has achieved positive growth for the first time, which fully shows that China’s foreign trade is recovering in the international financial crisis.

According to customs statistics, from January to November, the total value of China's foreign trade imports and exports totaled 1.964 trillion US dollars, down 17.5% year-on-year, 2.4 percentage points lower than the decline in the first ten months, of which exports were 1,070.98 billion US dollars, and the monthly export value was five consecutive months. Over one hundred thousand dollars a month. Huang Yiping said that on the one hand, labor-intensive products, such as clothing, footwear, furniture, etc., have risen a lot. On the other hand, mechanical and electrical products have increased rapidly, increasing by more than 70 billion US dollars over the previous ten months.

In terms of imports, from January to November, the total import value was 893.02 billion US dollars, which shows that China needs to be strong, and at the same time it has played a huge role in the world economy.

Baby Sandals

Girl Toddler Shoes,Child Girl Sandal,Flat Shoes,Toddler Shoes

Baby Happy Import And Export Co., Ltd. ,

Posted on