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The ministry of commerce: a 15.7% drop in February China import and export surplus fell by 15.7%

Source£º     Release date:2016/3/21

According to preliminary statistics, customs 1-2 month, the national import and export of 3.31 trillion yuan, (the same below) fell by 12.6% year-on-year. According to the us dollar, 1 to 2 months, the national import and export of $510.73 billion, down 17.4%. The month in February, the national import and export of 1.43 trillion yuan, down 15.7%. Among them, the export of 0.82 trillion yuan, down 20.6%; Imports of 0.61 trillion yuan, down 8%; Surplus of 209.5 billion yuan, down 43.3%. In February by the dollars, that month, the national import and export of $219.7 billion, down 20.8%.

Shen Danyang pointed out that the February trade operating mainly in the following features:

It is a heavy falls in exports, decline in imports narrowed somewhat. In February, China's export growth appear relatively steep decline, this is both affected by external demand downturn also are related to the high base over the same period of last year. In January of this year, imports of published data of 35 economies (accounting for 70% of the world's total imports) a 13.9% drop in total. And in February 2015, our country export of 1.03522 trillion yuan, highest exports for the month since 2009, formed a larger year-on-year base, superposition of multiple factors cause exports expanded 13.9% month 2 month. With commodity prices, import sustained negative growth, but drop from January narrowed 6.7% in February. After stripping out price, exports fell by 19.7% in February, import growth of 1.7%.

The second is the decline in exports to major trading partners, since the brics import differentiation is obvious. In February, I to the United States, Japan and the eu exports fell by 18%, 14.8% and 14.7%, respectively, a drop from the previous month expanding 13, 14.3 and 7.3% respectively. Imports from the brics countries divide, among them, from Brazil and Russia import growth of 19% and 0.1%, respectively, from South Africa and India imports fell by 19.1% and 19.1% respectively.

3 it is sustained negative growth of processing trade, and other trade proportion increased. In February, general trade import and export of 789.2 billion yuan, down 17.6%, with exports fell 24%. Processing trade import and export of 448.8 billion yuan, down 15.6%, has 12 consecutive months of negative growth, exports fell 17.2%. Other trade import and export of 196.1 billion yuan, down 7.3%, accounting for 1.2% year-on-year increase in the proportion of the total amount of import and export, including exports and imports fell by 12.3% and 12.3% respectively.

Four is a new high-tech product export is better than the overall, some commodities imports rising price falls. Mechanical and electrical products export of 479 billion yuan, down 18.4%. New high-tech product export of 237.3 billion yuan, down 11.6%, accounting for the proportion of total exports year-on-year increase of 3.3%. Seven classes of labor-intensive products export of 168.3 billion yuan, down 28.8%, among them, the furniture, bags and shoes fell by 33.4%, 31.9% and 29.8%, respectively. Some commodities imports rose price falls, among them, the crude oil, rubber, natural gas, iron ore, steel and soybean imports increased by 24.4%, 14.9% and 13.8% respectively, 8.5%, 6.8% and 5.8%, import prices fell by 35.2%, 17.2%, 27.1%, 34%, 27.1% and 12.9%.

Five is slowed state-owned and foreign enterprises, private enterprises import growth. State-owned enterprises import and export of 226.1 billion yuan, down 20.8%, with exports and imports fell by 22.3% and 22.3% respectively. Foreign-funded enterprises import and export of 687 billion yuan, down 13%. Import and export of private enterprises, 520.9 billion yuan, down 16.9%, with exports of 362.9 billion yuan, down 23.2%, imports of 158.1 billion yuan, an increase of 2.7%.

Six is good export in eastern region, the central and western regions by expanding. The east import and export of 1.2164 trillion yuan, down 14.8%, a drop less than 0.9% overall, with exports fell 18.7%, accounting for the proportion of the national total exports increased by 2% year-on-year. Export 60.5 billion yuan in central China, the western region to export 75.3 billion yuan, down 28.7% and 29.4% respectively.

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