Xinhua All Media+｜ Foreign trade maintains stability and improves quality to show economic resilience.

　　Stabilizing foreign trade is an important support for steady growth. According to data released by the General Administration of Customs of China recently, in the first seven months of this year, the total import and export value of China’s goods trade was 23.6 trillion yuan, up 10.4% year-on-year.

　　Since the beginning of this year, in the face of the severe and complicated external environment and the new challenges brought by the multi-point spread of domestic epidemics, China has continued to expand its high-level opening to the outside world, and a series of policies and measures to stabilize foreign trade have been intensively introduced, helping the majority of foreign trade entities to overcome difficulties and innovate and develop, and injecting a steady stream of kinetic energy into promoting the stability and quality of foreign trade. The "semi-annual report" of foreign trade import and export announced on July 13th conveys a positive signal of China’s sustained economic recovery.

　　The growth rate of foreign trade rebounded rapidly, showing strong resilience.

　　In the first half of the year, the scale of China’s foreign trade reached 19.8 trillion yuan, which slowed down from 0.1% in April to 9.5% and 14.3% in May and June, respectively. The V-shaped repair curve in the first half of the year showed the strong development resilience of China’s foreign trade.

　　This resilience is particularly evident in areas affected by local epidemics in the early stage.

　　On July 7, Yangshan customs officers conducted a ship-side supervision inspection on the export excavator. Xinhua News Agency reporter Wu Yushe

　　In the first seven months, the total import and export of the three provinces and one city in the Yangtze River Delta region increased by 11.7% year-on-year, 2.5 percentage points faster than the growth rate in the first half of the year; In the month of July, it increased by 25.7% year-on-year, contributing more than 50% to the national foreign trade growth.

　　With the implementation of the national package of policies and measures to stabilize the economy, the vitality of foreign trade market players has been effectively stimulated. In the first half of the year, there were 506,000 foreign trade enterprises with import and export performance in China, up 5.5% year-on-year. Among them, the status of private enterprises as the main force has been further consolidated, with import and export of 9.82 trillion yuan, up 13.6%, accounting for 49.6% of China’s total foreign trade import and export value, up 1.9 percentage points year-on-year.

　　The export of high-tech and high value-added products maintained rapid growth.

　　Data show that in the first half of the year, China’s exports of electrical equipment, integrated circuits, automobiles and other mechanical and electrical products increased by 24.8%, 16.4% and 51.1% respectively. The export of high-tech and high value-added products maintained rapid growth, and the competitiveness of foreign trade export products continued to improve.

　　In the first half of the year, FAW, BYD and Tesla’s Shanghai factory frequently exported good news. New energy vehicles have become the "accelerator" of China’s automobile exports.

　　On July 28th, the audience was visiting Guangzhou Automobile New Energy Vehicle. Xinhua News Agency reporter Yang Guanyu photo

　　China Railway Engineering Equipment Group Co., Ltd., a leading enterprise in roadheader industry, actively explores the international market. In the first half of this year, the amount of newly signed overseas contracts increased by 75% year-on-year, and overseas orders were successively obtained, such as Longren Cable Tunnel in Korea, Hamburg Thermal Energy Project in Germany, and Bangkok Water Supply Project in Thailand.

　　On the basis of stabilizing the basic foreign trade market, China’s foreign trade structure has been continuously optimized, and the "quality" gold content is more sufficient.

　　Insist on opening wider to the outside world and make positive progress in market diversification.

　　A century of change has superimposed the epidemic of the century, and economic globalization has encountered countercurrent. China has persisted in opening wider to the outside world and made positive progress in market diversification, which has also added new impetus to stabilizing foreign trade.

　　According to customs statistics, in the first half of this year, China’s imports and exports to ASEAN, the European Union and the United States were 2.95 trillion yuan, 2.71 trillion yuan and 2.47 trillion yuan, up by 10.6%, 7.5% and 11.7% respectively. In the same period, China’s import and export to countries along the Belt and Road and RCEP trading partners increased by 17.8% and 5.6% respectively.

　　This is the location of the 2nd China International Consumer Goods Expo (photo taken on July 30th). Xinhua News Agency reporter Guo Chengshe

　　The 131st Canton Fair held in April attracted 536,000 overseas buyers from 228 countries and regions to register for the exhibition, with a record number. The second Consumer Expo held in July covered a total area of 100,000 square meters, attracting more than 2,800 brands from more than 60 countries and regions. At the news briefing on the 100-day countdown to the opening of the 5th China International Import Expo, relevant departments indicated that the contracted area of the 5th China International Import Expo(CIIE) Enterprise Exhibition reached 85% of the planned area, and among the contracted exhibitors, there were more than 270 world top 500 and leading enterprises in the industry.

　　If you don’t reject the crowd, you will be a river and sea. In the new round of promoting high-level opening-up, China is exploring development opportunities, enhancing development resilience, and making efforts to smooth the domestic and international double cycle and promote the construction of a new development pattern.