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ForeignTradeExportsExceededExpectationsInJuly,AndTheHomeBuildingMaterialsMarketContinuedToImprove|VIGAFaucet നിർമ്മാതാവ്

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Foreign trade exports exceeded expectations in July, and the home building materials market continued to improve

The General Administration of Customs of the People’s Republic of China announced the cumulative import and export data for July and January-July this year. The main information related to some furniture exports is as follows (in RMB): The export value of furniture and its parts in July was 39.21 ബില്യൺ യുവാൻ, ന്റെ വർദ്ധനവ് 12.2 compared to June. %; the cumulative export value from January to July was 19,682 ദശലക്ഷം യുവാൻ, താഴത്ത് 2.6% from the same period in 2019 (വർഷം തോറും), and the decline was 6 percentage points narrower than that from January to June. The situation continued to improve.
From January to July, the cumulative export value of related products in the four categories of furniture, lamps, lighting devices and parts, ceramic products and textile products was 1,039.89 ബില്യൺ യുവാൻ, ന്റെ വർദ്ധനവ് 23.6% from the cumulative data from January to June.
Except for furniture, textile exports amounted to 634.22 ബില്യൺ യുവാൻ, ഒരു വർഷം വർഷത്തെ വർദ്ധനവ് 35.8%. Lamps and lanterns were 124.8 ബില്യൺ യുവാൻ, മുകളിലേക്ക് 2.7% വർഷം തോറും; ceramics were 84.05 ബില്യൺ യുവാൻ, താഴത്ത് 25.4% വർഷം തോറും. Overall, from January to July this year, the total value of my country’s imports and exports of goods trade was 17.2 trillion yuan, ഒരു വർഷം വർഷത്തെ കുറവ് 1.7%, and the rate of decline narrowed by 1.5 percentage points from January to June. അവർക്കിടയിൽ, exports were 9.4 trillion yuan, താഴത്ത് 0.9% വർഷം തോറും, and the rate of decline narrowed 2.1 percentage points from January to June; imports were 7.8 trillion yuan, താഴത്ത് 2.6% വർഷം തോറും, and the rate of decline narrowed 0.7 percentage points from January to June; trade surplus 1,631.15 ബില്യൺ യുവാൻ.
In July, my country’s foreign trade imports and exports were 2.9 trillion yuan, ഒരു വർഷം വർഷത്തെ വർദ്ധനവ് 5.8%. അവർക്കിടയിൽ, exports were 1.7 trillion yuan, ഒരു വർഷം വർഷത്തെ വർദ്ധനവ് 9.3%; imports were 1.2 trillion yuan, ഒരു വർഷം വർഷത്തെ വർദ്ധനവ് 1.4%; the trade surplus was 442.24 ബില്യൺ യുവാൻ.
Imports and exports to ASEAN, the European Union and Japan increased, while imports to the United States declined. In the first seven months, China’s total trade value with ASEAN was 2.51 trillion yuan, ന്റെ വർദ്ധനവ് 6.6%, അക്ക ing ണ്ടിംഗ് 14.6% of China’s total foreign trade value. അവർക്കിടയിൽ, China’s exports to ASEAN were 1.4 trillion yuan, ന്റെ വർദ്ധനവ് 5.6%; imports from ASEAN were 1.11 trillion yuan, ന്റെ വർദ്ധനവ് 7.8%; the trade surplus with ASEAN was 288.13 ബില്യൺ യുവാൻ, ഒരു കുറവ് 2.1%.
The total value of trade with the EU was 2.41 trillion yuan, ന്റെ വർദ്ധനവ് 0.1%, അക്ക ing ണ്ടിംഗ് 14% of our total foreign trade value. അവർക്കിടയിൽ, China’s exports to the EU were 1.47 trillion yuan, ന്റെ വർദ്ധനവ് 4%; imports from the EU were 936.72 ബില്യൺ യുവാൻ, ഒരു കുറവ് 5.6%; and the trade surplus with the EU was 534.78 ബില്യൺ യുവാൻ, ന്റെ വർദ്ധനവ് 26.5%.
The total value of Sino-US trade was 2.03 trillion yuan, താഴത്ത് 3.3%, അക്ക ing ണ്ടിംഗ് 11.8% of our total foreign trade value. അവർക്കിടയിൽ, China’s exports to the United States were 1.56 trillion yuan, ഒരു കുറവ് 4.1%; imports from the United States were 475.5 ബില്യൺ യുവാൻ, ഒരു കുറവ് 0.3%; the trade surplus with the United States was 1.08 trillion yuan, ഒരു കുറവ് 5.7%.
The total value of Sino-Japanese trade was 1.22 trillion yuan, ന്റെ വർദ്ധനവ് 1.1%, അക്ക ing ണ്ടിംഗ് 7.1% of our total foreign trade value. അവർക്കിടയിൽ, exports to Japan were 557.13 ബില്യൺ യുവാൻ, ന്റെ വർദ്ധനവ് 0.2%; imports from Japan were 666.85 ബില്യൺ യുവാൻ, ന്റെ വർദ്ധനവ് 1.8%; the trade deficit with Japan was 109.72 ബില്യൺ യുവാൻ, ന്റെ വർദ്ധനവ് 10.8%.
The import and export of private enterprises increased and their proportion increased. In the first seven months, the import and export of private enterprises was 7.83 trillion yuan, ന്റെ വർദ്ധനവ് 7.2%, അക്ക ing ണ്ടിംഗ് 45.6% of our total foreign trade value, ന്റെ വർദ്ധനവ് 3.8 percentage points over the same period last year. അവർക്കിടയിൽ, exports were 5.12 trillion yuan, ന്റെ വർദ്ധനവ് 6.4%, അക്ക ing ണ്ടിംഗ് 54.5% of the total export value; imports were 2.71 trillion yuan, ന്റെ വർദ്ധനവ് 8.7%, അക്ക ing ണ്ടിംഗ് 34.9% of the total import value.
Analysts said that the performance of foreign trade exports in July exceeded expectations. With the accelerated resumption of overseas work and production, the external demand situation is expected to be gradually restored, and exports are expected to stabilize in a positive growth range.
Tang Jianwei, chief researcher of the Bank of Communications Financial Research Center, said that China’s exports have achieved positive growth, which is better than the export situation of neighboring countries, indicating that China’s export competitiveness is still strong. From the perspective of trade regions, China’s imports and exports with ASEAN continued to grow, and ASEAN became my country’s largest trading partner, making a significant contribution to the resilience of China’s exports throughout the first half of the year, including July.
The leading manufacturing Purchasing Manager Index (PMI) also confirms the authenticity of the improved export data. China’s manufacturing PMI rose to 51.1% ജൂലൈയിൽ, ന്റെ വർദ്ധനവ് 0.2 percentage points from the previous month, and was above the threshold for five consecutive months. അവർക്കിടയിൽ, ദി “new order indexhas rebounded for three consecutive months, which means that my country’s export growth rate is still supported in the short term, and exports in August are expected to continue to maintain positive growth year-on-year.

Foreign trade exports exceeded expectations in July, and the home building materials market continued to improve - Blog - 1

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