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China’s Foreign Trade Goes off to a Robust Start in First Two Months, Expanding 8.7%, ASEAN Remained Largest Trade Partner中国进出口外贸前两个月开局强劲,增长8.7%,东盟仍为中国最大贸易伙伴

Release time:2024-04-15 17:44 Click volume:68492

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An aerial drone photo shows the Qingdao Port in east China's Shandong Province, Feb. 11, 2024. The Qingdao port is busy handling goods for export during the Spring Festival holiday. (Xinhua/Li Ziheng)

 

 

China’s foreign trade in goods in the first two months of 2024 hit a record high of 6.61 trillion yuan ($918.3 billion), rising 8.7 percent year-on-year, signaling a good start of foreign trade in the new year, data from the General Administration of Customs showed on Thursday.

 

The country’s export volume in the two months recorded year-on-year increase of 10.3 percent to reach 3.75 trillion yuan, and imports reached 2.86 trillion yuan, representing annual growth of 6.7 percent.

 

From January to February, ASEAN remained China’s largest trade partner, with their bilateral trade totaling 993.24 billion yuan, up 8.1 percent on a yearly basis, accounting for 15 percent of China’s total imports and exports.

 

The EU becomes China’s second largest trade partner, and the total trade between the two sides stood at 832.39 billion yuan, dropping by 1.3 percent. The US was the third largest trade partner, with their trade volume increasing 3.7 percent to 707.7 billion yuan.

 

In the first two months, China’s foreign trade with its BRI partners reached 3.13 trillion yuan, registering a year-on-year growth of 9 percent. 

 

The country’s private enterprises had a good performance in the first two month’s import and export. Trade volume of private firms reached 3.61 trillion yuan, an increase of 17.7 percent, accounting for 54.6 percent of the total value of China’s foreign trade, an increase of 4.2 percentage points over the same period last year.

 

In terms of the export structure, electromechanical products accounted for nearly 60 percent of Chinese exports, of which automatic data processing equipment, integrated circuits and automobile export recorded significant growth rates. 

 

In the first two months of the year, China's exports of automatic data processing equipment reached 195.45 billion yuan, up 7.3 percent with exports of integrated circuits soaring 28.6 percent and auto vehicle up 15.8 percent on a yearly basis.

 

2024211日,无人机航拍中国东部山东省青岛港。春节期间,青岛港正忙于处理出口货物。新华社发(李子恒摄)

 

海关总署数据显示,2024年前两个月中国货物贸易额创历史新高,达6.61万亿元人民币(合9183亿美元),同比增长8.7%,标志着新一年对外贸易开门红。海关总署周四表示。

 

前两个月,我国出口3.75万亿元,同比增长10.3%;进口2.86万亿元,同比增长6.7%

 

1-2月,东盟继续保持中国第一大贸易伙伴地位,双边贸易总额9932.4亿元人民币,同比增长8.1%,占中国进出口总额的15%

 

今年前两个月,我国与一带一路沿线国家进出口贸易额3.13万亿元,同比增长9%

 

前两个月,民营企业进出口表现良好。私营企业贸易额3.61万亿元,增长17.7%,占我国外贸总值的54.6%,比上年同期提高4.2个百分点。

 

从出口结构看,机电产品占中国出口的近60%,其中自动数据处理设备、集成电路、汽车出口增速显着。

 

今年前两个月,我国自动数据处理设备出口1954.5亿元人民币,增长7.3%,其中集成电路出口同比增长28.6%,汽车出口同比增长15.8%


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