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What is the value of Chinese inbound and outbound goods in a minute?

Views:1     Author:Site Editor     Publish Time: 2020-12-28      Origin:Site

Source: Xinhuanet.com By Yu Jiaxin and Wang Yuxiao 2020-12-28 07:46:04

Do you know the value of our inbound and outbound goods per minute?

The answer is 60 million yuan.

This is the data that reporter learns from Ministry of Commerce 26.

Given the impact of the global epidemic, such data have not come easily.

According to the Ministry of Commerce, China's foreign trade has gone through a bright reversal curve this year, with its total import and export volume and international market share both reaching record highs.

China has stabilized the foreign trade main body, the industrial chain supply chain and the international market share, also has stabilized the foreign trade foreign capital basic plate.

From January to September, the cumulative growth rate of China's foreign trade changed from negative to positive for the first time in this year, with a year-on-year growth of 0.7%.

Foreign trade growth accelerated to 1.1% in the january-October period.

Entering November, the growth rate continued to expand.

China's total imports and exports are expected to reach around 32 trillion yuan this year, up 30 percent from 2015, the Ministry of Commerce estimated.

During the 13th Five-Year Plan period, China's position as a major country in trade in goods was further consolidated.

In addition, the share of import and export in the international market has also been further increased.

From 2016 to 2019, China's trade in goods grew at an average annual rate of 7.5 percent, 1.9 percentage points higher than the global average.

China's international market share has increased further this year, surpassing the record high of 13.8% reached in 2015, according to wto data.

Imports and exports also drive consumption and industrial upgrading.

The number of comprehensive pilot zones for cross-border e-commerce has increased to 105. The import and export scale has reached five times that at the end of the 12th Five-Year Plan period. Enterprises in the region have built more than 1,800 overseas warehouses, becoming an important node for overseas marketing and a new infrastructure for foreign trade.

The door of opening up to the outside world in super-large markets is getting wider and wider.

China's circle of friends in foreign trade has expanded to more than 230 countries and regions, according to data from the Ministry of Commerce.

China will continue to be the world's second largest importer, and the overall import tariff level will be reduced by 2.3 percentage points to 7.5%.

The import share of consumer goods increased by 2.8 percentage points to 10.6%. The recovery of the Chinese market has brought the sales volume of many foreign brands of consumer goods back to the pre-epidemic level.

Editor in charge: Ge Yan


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