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ForeignTradeExportsExceededExpectationsInJuly,AndTheHomeBuildingMaterialsMarketContinuedToImprove|VIGAFaucetManufacturer

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Exporturile de comerț exterior au depășit așteptările în iulie, iar piața materialelor de construcție a locuințelor a continuat să se îmbunătățească

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 miliarde de yuani, o creștere de 12.2 compared to June. %; the cumulative export value from January to July was 19,682 Milioane de yuani, jos 2.6% din aceeași perioadă în 2019 (an la an), 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 miliarde de yuani, o creștere de 23.6% from the cumulative data from January to June.
Except for furniture, textile exports amounted to 634.22 miliarde de yuani, o creștere de la an la an a 35.8%. Lamps and lanterns were 124.8 miliarde de yuani, Sus 2.7% an la an; ceramics were 84.05 miliarde de yuani, jos 25.4% an la an. În general, from January to July this year, the total value of my country’s imports and exports of goods trade was 17.2 trilioane de yuani, o scădere de la an la an a 1.7%, and the rate of decline narrowed by 1.5 percentage points from January to June. Printre ei, exports were 9.4 trilioane de yuani, jos 0.9% an la an, and the rate of decline narrowed 2.1 percentage points from January to June; importurile au fost 7.8 trilioane de yuani, jos 2.6% an la an, and the rate of decline narrowed 0.7 percentage points from January to June; trade surplus 1,631.15 miliarde de yuani.
În iulie, my country’s foreign trade imports and exports were 2.9 trilioane de yuani, o creștere de la an la an a 5.8%. Printre ei, exports were 1.7 trilioane de yuani, o creștere de la an la an a 9.3%; importurile au fost 1.2 trilioane de yuani, o creștere de la an la an a 1.4%; the trade surplus was 442.24 miliarde de yuani.
Imports and exports to ASEAN, the European Union and Japan increased, while imports to the United States declined. În primele șapte luni, China’s total trade value with ASEAN was 2.51 trilioane de yuani, o creștere de 6.6%, Contabilitatea pentru 14.6% of China’s total foreign trade value. Printre ei, China’s exports to ASEAN were 1.4 trilioane de yuani, o creștere de 5.6%; imports from ASEAN were 1.11 trilioane de yuani, o creștere de 7.8%; the trade surplus with ASEAN was 288.13 miliarde de yuani, o scădere a 2.1%.
The total value of trade with the EU was 2.41 trilioane de yuani, o creștere de 0.1%, Contabilitatea pentru 14% of our total foreign trade value. Printre ei, China’s exports to the EU were 1.47 trilioane de yuani, o creștere de 4%; imports from the EU were 936.72 miliarde de yuani, o scădere a 5.6%; and the trade surplus with the EU was 534.78 miliarde de yuani, o creștere de 26.5%.
The total value of Sino-US trade was 2.03 trilioane de yuani, jos 3.3%, Contabilitatea pentru 11.8% of our total foreign trade value. Printre ei, China’s exports to the United States were 1.56 trilioane de yuani, o scădere a 4.1%; imports from the United States were 475.5 miliarde de yuani, o scădere a 0.3%; the trade surplus with the United States was 1.08 trilioane de yuani, o scădere a 5.7%.
The total value of Sino-Japanese trade was 1.22 trilioane de yuani, o creștere de 1.1%, Contabilitatea pentru 7.1% of our total foreign trade value. Printre ei, exports to Japan were 557.13 miliarde de yuani, o creștere de 0.2%; imports from Japan were 666.85 miliarde de yuani, o creștere de 1.8%; the trade deficit with Japan was 109.72 miliarde de yuani, o creștere de 10.8%.
The import and export of private enterprises increased and their proportion increased. În primele șapte luni, the import and export of private enterprises was 7.83 trilioane de yuani, o creștere de 7.2%, Contabilitatea pentru 45.6% of our total foreign trade value, o creștere de 3.8 percentage points over the same period last year. Printre ei, exports were 5.12 trilioane de yuani, o creștere de 6.4%, Contabilitatea pentru 54.5% of the total export value; importurile au fost 2.71 trilioane de yuani, o creștere de 8.7%, Contabilitatea pentru 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% în iulie, o creștere de 0.2 percentage points from the previous month, and was above the threshold for five consecutive months. Printre ei, thenew 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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