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Statistics of the total I&E value in the first half of 2022

2022-08-22 15:37

First, the proportion of import and export of general trade continues to increase. In the first half of 2022, China's general trade import and export was 12.71 trillion yuan, up by 13.1%, accounting for 64.2% of China's total foreign trade import and export value, up by 2.1 percentage points year-on-year; Among them, the export was 7.16 trillion yuan, up by 19%; Imports reached 5.55 trillion yuan, up by 6.5%. In the same period, the import and export of processing trade was 4.02 trillion yuan, an increase of 3.2%.

Second, the growth rate of foreign trade picked up obviously in May and June. In 2021, the epidemic situation in foreign countries continued to be serious, and the trade import and export performance was low. Since May 2022, the effects of various steady growth policies have gradually appeared. With the overall improvement of the epidemic prevention and control situation in China, foreign trade enterprises resumed production and advanced in an orderly manner, especially in the Yangtze River Delta and other regions, with the rapid recovery of import and export, which drove the overall growth rate of foreign trade in the whole country to rebound obviously. In May, the growth rate of China's foreign trade import and export increased by 9.4 percentage points compared with April, with a year-on-year increase of 9.5%. In June, the growth rate further increased to 14.3%. In July, the foreign trade performance has already exceeded last year's shipments. 

Third, the import and export of major trade cooperation has maintained growth. In the first half of 2022, China's imports and exports to countries along the "the belt and road initiative" and RCEP trading partners increased by 17.8% and 5.6% respectively, while China's imports and exports to ASEAN, the European Union and the United States increased by 10.6%, 7.5% and 11.7% respectively by 2.95 trillion yuan, 2.71 trillion yuan and 2.47 trillion yuan.

Fourth, the vitality of foreign trade business entities has been further enhanced. In the first half of the year, there were 425,000 private enterprises, up by 6.9%, and the import and export was 9.82 trillion yuan, up by 13.6%, accounting for 49.6% of China's total foreign trade import and export value, up by 1.9 percentage points year on year. China has 506,000 foreign trade enterprises with import and export achievements, up 5.5% year on year. Among them, the import and export of foreign-invested enterprises was 6.75 trillion yuan, an increase of 2.1%; The import and export of state-owned enterprises amounted to 3.2 trillion yuan, up by 15.2%. Fifth, the import and export of major products grew steadily. In the first half of 2022, China's import and export of mechanical and electrical products was 9.72 trillion yuan, an increase of 4.2%, accounting for 49.1% of China's total foreign trade import and export value. 

In the first half of 2022, China's foreign trade import and export showed an obvious upward trend, and the first quarter started smoothly. In May and June, the declining trend of April's growth rate was quickly reversed. In July, the foreign trade performance exceeded last year's shipments, laying a solid foundation for the whole year's foreign trade performance.


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