Annual Foreign Trade Or Low And High Trend

This week, the macro research team of China Merchants Securities commented on the April foreign trade data. It is very difficult for China to achieve import and export growth goals this year, and still needs steady foreign trade support.

Li Huiyong, chief macroeconomic analyst at Shenyin Wanguo, also believes that it is difficult to achieve annual trade targets, and exports are worrying in the two quarter.

Sun Jiwen said yesterday that imports fell sharply in the first 4 months of this year, mainly due to the decline in commodity prices, the increase in imports of eight categories of crude oil and natural gas, and a 9.8 percentage point increase in imports.

Recently, the Ministry of Commerce's survey of various provinces and cities in the country shows that most enterprises believe that the main difficulties are:

The demand for the international market is low, the situation in some areas is turbulent, the RMB appreciates significantly against the main currencies outside the US dollar, the level of trade facilitation needs to be raised, the financing difficulty is expensive, and the labor cost continues to rise.

Financing and expensive labor costs continue to rise.

Referring to the external and internal environment, it is said that the decline in Global trade, the main economies and

When the country's exports were generally negative growth, China's exports continued to grow and the import decline narrowed gradually.

Although the pressure of steady growth is increasing, the domestic export structure adjustment trend is better.

General trade exports contribute 241% of the volume of foreign trade exports.

Exports to emerging markets increased 5.7%, contributed 169.7% of the increase in exports, and increased 9% and 12.9% respectively to the US and ASEAN exports;

Private enterprises export grew by 6.5%, contributing 175.6% of the increase in exports, accounting for 43.1%, and became the main force in stimulating export growth.

The growth in the central and western regions is faster than that in the eastern region.

A large number of enterprises have become a growth highlight by increasing their own brand cultivation, strengthening R & D innovation, establishing an international marketing network, and exploring cross-border electricity supplier mode.

Sun Jiwen said that in the face of the new situation and new challenges, we should take the initiative to adapt to the new normal, ensure steady growth and share share in a more important position, further clean up the unreasonable charges in the import and export links, effectively ease the financing difficulties, raise the level of trade facilitation, and improve the business environment.

While maintaining the traditional advantages, we will accelerate the cultivation of new advantages in foreign trade competition, implement innovation drive, and strive to maintain steady growth in foreign trade.

In the spring of 2015, China's foreign trade situation report released on Tuesday, the Ministry of commerce also mentioned that China's foreign trade faces many challenges, the international market share has already been higher, and the difficulty of further improvement is even greater. However, foreign trade, especially export, has the basic conditions for growth, and this year it is expected to grow relatively steadily.

The following figure is from this report, data as of the first quarter of this year.

China's import and export data released on Friday both slipped and highlighted the downward pressure on the economy in April.

Exports fell by 6.4% compared with the same period last year, and imports declined by 16.2%, falling for two consecutive figures in fourth consecutive months. Exports rose 1.6% in the same period last month and 17.3% in imports.