January-August 2017 China’s import crude oil 281 million tons, an increase of 12.2%

According to the data released by the General Administration of Customs on September 8, the total import and export value of China’s goods trade reached 17.83 trillion yuan in the first eight months of this year, up 17.1 percent over the same period last year. Among them, exports 9.85 trillion yuan, up 13%; imports 7.98 trillion yuan, up 22.5%; trade surplus of 1.87 trillion yuan, narrowing 15.1%.

General trade import and export growth, the proportion of promotion. In the first eight months, China’s general trade import and export of 10.12 trillion yuan, up 17.9%, accounting for 56.7% of China’s total import and export value, up 0.4 percentage points over the same period last year; of which exports 5.39 trillion yuan, up 11.6% 4.73 trillion yuan, an increase of 26%; trade surplus of 65.37 billion yuan, narrowing 39.1%. In the same period, the import and export of processing trade reached 5.08 trillion yuan, up by 13.8%, accounting for 28.5%, down 0.8 percentage points over the same period of last year. Among them, exports were 3.24 trillion yuan, up 12.4 percent; imports were 1.84 trillion yuan, up 16.2 percent; Surplus 1.4 trillion yuan, expanding 7.7%. In addition, China’s special customs supervision and control of imports and exports 1.83 trillion yuan, an increase of 14.4%, accounting for 10.3% of China’s total import and export value. Of which exports reached 581.83 billion yuan, up 3.6 percent, accounting for 5.9 percent of total exports; imports of 1.25 trillion yuan, up 20.1 percent, accounting for 15.7 percent of total imports.

On the European and American countries such as ASEAN import and export growth. The first eight months, China and the EU trade value of 2.71 trillion yuan, an increase of 16.1%. Sino-US trade value of 2.53 trillion yuan, an increase of 19.1%. The first eight months, my bilateral trade with ASEAN totaled 2.2 trillion yuan, an increase of 19.9 %%. Sino-Japanese trade value of 1.32 trillion yuan, an increase of 15.4%.

Increase and decrease of import and export of private enterprises. The first eight months, China’s private enterprises import and export 6.87 trillion yuan, an increase of 18.3%, accounting for 38.5% of China’s total import and export value, up 0.4 percentage points over the same period last year. Among them, the export of 4.62 trillion yuan, an increase of 15.4%, accounting for 46.9% of total exports, continue to maintain the status of exports in the top position; imports 2.25 trillion yuan, an increase of 24.6%, accounting for 28.1% of total imports. Over the same period, foreign-invested enterprises import and export 7.92 trillion yuan, an increase of 13.6%, accounting for 44.4% of China’s total import and export value. Among them, the export of 4.2 trillion yuan, an increase of 10.9%, accounting for 42.6% of total exports; imports 3.72 trillion yuan, an increase of 16.9%, accounting for 46.6% of total imports. In addition, state-owned enterprises import and export 2.99 trillion yuan, an increase of 24.3%, accounting for 16.7% of China’s total import and export value. Among them, exports 1.03 trillion yuan, an increase of 11.4%, accounting for 10.5% of total exports; imports 1.96 trillion yuan, an increase of 32.4%, accounting for 24.5% of total imports.

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Mechanical and electrical products, traditional labor-intensive products are still the main export. The first eight months, China’s mechanical and electrical products exports 5.63 trillion yuan, an increase of 13.4%, accounting for 57.1% of total exports. Among them, the electrical and electronic products exports 2.45 trillion yuan, an increase of 11%; machinery and equipment 1.67 trillion yuan, an increase of 14.9%. In the same period, clothing exports 708.84 billion yuan, up 4.9 percent; textiles 494.7 billion yuan, up 7.1 percent; footwear 2260.5 billion yuan, up 10.6 percent; furniture 2234.6 billion yuan, up 10.6 percent; plastic products 172.86 billion yuan, up 16.3 percent; Luggage 12.156 billion yuan, up 16%; toys 102.9 billion yuan, an increase of 55.9%; the above seven categories of labor-intensive products total exports 2.05 trillion yuan, an increase of 10%, accounting for 20.8% of total exports. In addition, fertilizer exports 17.14 million tons, down 4.9%; 54.47 million tons of steel, down 28.5%; cars 630,000, an increase of 44.4%.

Iron ore, crude oil and natural gas and other commodity imports and prices go up. The first eight months, China’s imports of iron ore 714 million tons, an increase of 6.7%, the average import price of 494 yuan per ton, up 41.9%; crude oil 281 million tons, an increase of 12.2%, the average price of 2573.2 yuan per ton, The average price of imported goods is 3231 yuan per ton, up 29.1 percent; Of the plastic 18.45 million tons, an increase of 11.6%, the average import price of 11,500 yuan per ton, up 10.4%; unwrought copper and copper 301 million tons, a decrease of 12.7%, the average price of imports per ton 43,600 yuan, up 28.4%. In addition, imports of electromechanical products 3.61 trillion yuan, an increase of 14.5%; of which 800,000 cars, an increase of 20.3%.

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In August, China’s import and export value of 2.41 trillion yuan, an increase of 10.1%. Among them, the export of 1.35 trillion yuan, an increase of 6.9%; imports 1.06 trillion yuan, an increase of 14.4%; trade surplus of 286.5 billion yuan, narrowing 14%.

China’s foreign trade export pilot index was flat. In August, China’s foreign trade export pilot index was 41.9, basically the same as last month. Among them, according to the network survey data show that the month, China’s export managers index was 44.7, down 0.2 from last month; new export orders index, export enterprise comprehensive cost index fell 0.6 to 47.8,22.6, export managers confidence index rebounded 0.3 to 50.9.

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